Etisalat Nigeria Chairman, Hakeem Bello-Osagie, Resigns

Statement obtained by PREMIUM TIMES confirmed the development, saying the decision followed “the approval of a restructuring plan for the telecommunications firm.” Mr. Bello-Osagie, the one-time Chairman of the United Bank for Africa, UBA, was the surviving shareholder in the…

Onitsha: Business Group laments poor national economy

Onitsha-based business agents, under the aegis of Onitsha Chamber of Commerce, Industry, Mines and Agriculture (ONICCIMA) has bemoaned the poor condition of national economy and rising neediness level in the nation. The gathering said that the present retreat in the…

How bad is Nigeria’s infrastructure?

Nigeria’s infrastructure across board is in bad shape. Most major roads and bridges are in dilapidated condition and require major repairs; the power sector is still bedevilled by sundry issues, the health and education sectors are equally in poor condition.…

CBN strenthens Forex markets by $195 million

The Central Bank of Nigeria (CBN) Wednesday mediated in different portions of the inter-bank market to the tune of $195 million. A breakdown of the mediation uncovered that approved dealers in the discount window portion got a $100 million offer…