Author Archives: Tony Manuaka

Kemi Adeosun

How Infrastructure Development Will Drive Economic Growth, By Adeosun

How Infrastructure Development Will Drive Economic Growth, By Adeosun

Finance Minister, Kemi Adeosun has declared that infrastructure development will play a critical role in unlocking Nigeria’s economic potential, laying a foundation for economic competitiveness and long-term future growth. Adesoun, who disclosed this at the United Capital launch of its Eurobond and Wealth for Women Fund, also stated that investment in critical infrastructure across the

One Voice Protest

On The March Over Buhari

Nigerians sustain street rallies though sharply divided over the gains or pains so far recorded under the administration of President Muhammadu Buhari. For about three weeks Nigerians under different umbrellas have been on the streets to air their views on the situation in the country. One feature of the demonstrations is that they gave the

Arik Airline

Arik In Turbulent Weather

Government takeover of ailing Arik Air is generating controversy even as some undercurrents suggest that there could be more to it than the purported rescue mission of the Asset Management Corporation of Nigeria. Arik air was until recently, the pride of the Nigerian aviation industry; and frequent travellers who patronised the airline did so with

Arik Airline

AMCON Takes Over Arik Airline

The Federal Government has taken over Arik Airline, which has been experiencing difficulties in recent times.   The decision to intervene, according to the Asset Management Corporation of Nigeria, AMCON, “clearly underscores the government’s commitment to instilling sanity in the country’s aviation sector and prevent a major catastrophe.” The airline will now be managed by


UBA Wins In 5 Categories At Global Banking Awards

The United Bank for Africa, UBA, won in five categories at this year’s Bankers Award held in London. The bank bagged the Bank of The Year 2016 in Gabon, Congo-Brazzaville, Senegal, Cameroon and Chad, a feat that the Group Managing Director/CEO, Mr. Kennedy Uzoka dedicated to the customers, whose loyalty, support and patronage he said,

edition 49

Emefiele Under the Gun

Much uncertainty grips the Central Bank of Nigeria as the Presidency probes alleged irregularities in the audited financial statement of the bank for the 2015 financial year, ­— even in the midst of the institution’s curious foreign exchange transactions The love of money, the good book says, is the root of all evil. And so

President Muhammadu Buhari

The Odds Against Buhari’s $30 Billion Loan

President Muhammadu Buhari’s quest to secure about N9.12 trillion foreign loans, required by his administration for infrastructural development, to get the country out of recession may surfer a setback due to political rivalry and failure of the government to gain the confidence of the people   The feeling within the Presidential Villa last week was

Kemi Adeosun

FG Restates Commitment To Infrastructure Financing

Finance Minister, Kemi Adeosun has restated  the importance of critical infrastructure projects, especially in the areas of rail and power to the country’s economic development. Adeosun, who spoke during the visit of the Chinese Ambassador to Nigeria, Zhou Pingjian, to her office in Abuja, described the commitment of the current administration to infrastructure development as

Kemi Adeosun

CBN, SEC, PTDF, NAFDAC, Others To Return N450bn

Top government agencies including the Central Bank of Nigeria, CBN, Petroleum Technology Development Fund, PTDF, National Agency for Food and Drug Administration and Control, NAFDAC, are to refund about N450 billion to the Federal Government. Others are the Nigerian Television Authority, NTA, and the Securities and Exchange Commission, SEC, among others. To this end the 

mCash product

Fidelity Bank Showcases Products at Lagos Trade Fair

Visitors to the  2016 Lagos International Trade Fair have been treated to an array of rewarding products by Fidelity Bank Plc. Nnamdi Okonkwo, managing director and chief executive officer of the bank used the occasion to explained the secret behind the success story of the bank. He explained that in spite of the harsh business