‘Losing monetary independence is not worth it if trade is less than 10%’
Adesola AfolabiMay 28, 2018
Muhammadu Sanusi II, the Emir of Kano and a former Governor of Nigeria’s Central Bank, fielded questions bordering on the state of industrialization, integration, investments, and finance on the African continent at sideline of the 2018 Annual Meetings of the African Development Bank Group in Busan, Korea. Business a.m.’s ADESOLA AFOLABI who monitored the televised […]
Government can woo private sector by executing gas infrastructure blueprint
Bukola OdufadeMay 21, 2018
As the world embraces diversified fuel sources, sophisticated energy facilities and different sources of clean energy, growth in the Nigerian gas industry is happening at a very slow pace, and the country is lagging behind. Poor implementation of the Gas Master Plan, inadequate gas infrastructure, and ineffective pricing, the key issues still persist. Chijioke Nwaozuzu, […]
‘We will target agriculture, health, education, transport, renewable energy to grow our risk assets’
Businessam StaffMay 14, 2018
Abubakar Suleiman, the newly appointed CEO for Sterling Bank visited the Nigerian Stock Exchange (NSE) last week to present the bank’s fact behind the figures. He spoke to a financial journalist on his plans as the new CEO and shared insights on the growth of the bank’s Q1 top and bottom line. ADESOLA AFOLABI who […]
Every human being is a millionaire, but many die penniless – Awosika
Adesola AfolabiMay 14, 2018
Businesses across the globe are often times plagued with the hard decisions bordering on expansion, customer’s passion and avoiding financial stagnation. These decisions for business owners in entertainment may be more profound as issues other than running cost and meeting deliverables compete with showing up, showbiz and looking good to negatively impact bottom lines of […]
Nigeria operates uneconomic, illiquid gas, power sectors
Businessam StaffApril 25, 2018
Dada Thomas, Managing director of Frontier Oil limited and serving president of the Nigeria Gas Association spoke to business a.m. on the investment climate in the Nigerian gas and power sector, and the myriad of challenges operators face, from pricing to fiscal laws governing operations in the sector, as well as the way forward to […]
Nigeria needs to review tax regime on investment to boost other funds outside pension funds
Businessam StaffApril 4, 2018
Egie Akpata’s experience cuts across international banking, real estate and energy. In 2013 when Union Bank Plc decided it was going to simply be a commercial bank and sell off its subsidiaries, Egie and his colleague, Tunde Sarunmi, stepped up and took control of Union Capital Markets Limited, which had been in business since 1999. […]
We see massive collaboration among telcos in Nigeria
Businessam StaffMarch 29, 2018
About three weeks ago, a Canadian, Miriam Tuerk, managing director of Clear Blue Technologies of Canada, placed a call to business a.m. to announce that she was coming to Nigeria and would like an exclusive interview with this newspaper. Being only five weeks in the Nigeria print media market, it came as a surprise that […]
New vista of fresh foreign investment flows with demutualisation of NSE
Businessam StaffMarch 23, 2018
In her time as Director-General of The Nigerian Stock Exchange, the personality of Ndi Okereke-Onyiuke, who had joined the bourse upon her return to Nigeria from New York, United States of America in 1983, as manager and head of research and information services department, bestrode the Nigerian capital market and Corporate Nigeria like a colossus. […]
Banks earning may drop in 2018 – Kurfi Kasimu
Kayode OgunwaleMarch 21, 2018
Kurfi Kasimu, the managing director and chief executive officer of APT Securities and Funds Limited, spoke with Kayoed Ogunwale, on banks earnings in 2018 and implications of CBN policy on dividend payment by banks amongst others. Excerpts: Activities at the Nigerian stock market have been on the upward swing for a considerable period of time […]
Our $100m Euro fund, N150bn Nigeria fund would target infrastructure, sports economy
Businessam StaffMarch 14, 2018
Abubakar Lawal, group managing director of GTI Asset Management & Trust Limited, has led some notable corporate rescue missions as an investment banker. Roll-call: International Breweries, Eterna Oil, Wema Bank, Champion Breweries, Morrison Industries. There is something revolutionary about the way he thinks when you sit down with him to pick his brain, like business […]