Business Eye

NERC commence public hearing on electricity metering and other relative issues

The Metering inquiry committee on Tuesday commenced public hearing on electricity metering and others relative issues in Nigeria.

The News Agency of Nigeria (NAN) reports that the 13-man committee was inaugurated by the  Nigerian Electricity Regulatory Commission (NERC) to find lasting solution to  matters affecting metering and other issues across the country.

Mr Sam Amadi, Chairman NERC said in Lagos that the committee is saddled with the responsibility to conduct public inquiry on the way forwa...

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ECOWAS Transport Ministers Propose Measures to Improve Aviation In Sub-Region

West Africa's Transport Ministers have made wide-ranging proposals for the improvement of the operating environment for airlines in the sub-region to enhance their viability and competitiveness, and maximize their contributions to regional integration

The proposals are the outcomes of a high-level meeting of the ministers and chief executives of airlines in the region towards the creation of a common regional air transport market through the adoption of appropriate legal texts.

The ECOWAS Commissi...

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Use The Military For Boko Haram Crises-Nigerians

Use  the Military for Boko Haram crises - Nigerians

Nigerians want soldiers deployed to hinterlands to deal with Boko Haram militants.

As the State Security Service arrests two, Babagan Kwalijima and Babagana Mali and declares Mamman Nur, described as “a notorious Boko Haram element with Al-Qaeda links” wanted, Nigerians are beginning to clamour for the deployment of soldiers to regions and cities to protect lives and properties. In a survey jointly conducted by Cleen Foundation and Alliance for C...

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Minimum Wage - A Litmus Test

A Litmus Test

Despite the resolution of the crisis over the N18,000 minimum wage, the Nigeria Labour Congress, NLC, has to ensure that the payment of the new wage is sustained by the three tiers of government and the private sector.

By Onayemi Bamidele

From all indications, the Federal Government may have to contend with more agitations for an upward review of the minimum wage in view of the ever increasing cost of living in the country. The paltry sum is clearly inadequate for the average worker w...

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Bank Leaders, cause of financial crises

Juan Elegido,professor of Business Ethics and vice Chancellor,Pan African University,Lagos ,speaks on the results of the unethical business practises.He spoke with Bamidele Onayemi

The world all over has raised concerns over the lack or ethical standards in doing business in Nigeria. What is your view on this?

Honesty, I think it is really serious. Now, I am not referring to what is being published by Transparency International or the World Economic Forum, but I teach business ethics to people doi...

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Survivors of the Aba terror

At the onset of full violent criminality in Aba, sometime in 2006, banks were the first targets. The hijack of bullion vans transporting cash and the noise of gales of live bullets fired inside banking halls became a regular affair. At a point, according to Nnamdi Awala, chairman of the local branch of the Bankers Association of Nigeria, banks were being attacked on a daily basis. Time came when banks at Osisioma section of the Enyimba city were being attacked one after the other on successive d...

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Sanusi vs IMF

Nigeria's Central Bank Governor, Lamido Sanusi, rejected advice by the International Monetary Fund to weaken the naira, saying the currency isn't overvalued. With oil prices rising, the currency shouldn't be “losing its value,” Sanusi said in a televised interview with CNBC Africa today. The IMF's advice “is not based on sound economic logic.” Indeed, the IMF's policy has been known to have been pro rich countries and anti-poor or developing countries. IMF forces countries from the Global South...

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