Business Eye

Anniversary of Darkness, Insecurity & Hope

Despite the gains reeled out by Dr Goodluck Jonathan during his national broadcast to mark Democracy Day, CHRIS EZE TAKES a hard look at developments in the country and the speech and concludes that it is a mixed bag of darkness, insecurity and glimpse of hope for the future of Nigeria.

Since the country returned to democratic rule 13 years ago, the civilian administrations have  been counting peace and security of lives and properties as some of the important gains of democratic rule. Unfortunat...

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Students protest renaming of UNILAG

The Federal Government on the 29 May, 2012 directed that the University of Lagos be renamed Moshood Abiola University in honour of Chief M.K.O. Abiola's accomplishment and heroism.

                President Goodluck Jonathan disclosed this in his Democracy Day national broadcast, saying the government would establish an Institution of Democratic Studies in the institution.

                He said: “It is also in this regard that the Federal Government has decided that late Chief M.K.O. Abiola  be ...

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Issues arising from the Access Bank acquisition of Intercontinental Bank

The recent public hearing on the near collapse of the Nigerian Capital Market has exposed startling facts, probably manipulations in the acquisition of Intercontinental Bank by Access Bank.

The Commissioner (Operations) of Securities and Exchange Commission (SEC), Ms Daisy Ekineh, who confirmed it at the public hearing, told the Ad Hoc Committee that Access Bank raised N158 billion from the market in a public issue but utilized only N100 billion and kept N58 billion as shareholders funds. She add...

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Trailing history from the Museum

Henrich Rudolf was 10 when the 30-month Nigerian Civil War began in 1967. But the laxity with which the German newscaster delivered the news then of children dying of starvation, villages burnt, lives lost made him sick, even as a lad. For him, the newscaster rather gave prominence to the sustainable resistance of the Biafran Army over the Nigerian Army's advancement in their territory.

                Now a security expert, Rudolf is among the many across the globe that are still baffled at the ...

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