For the first time, in the fifty-year history of Lagos state, its government has budgeted a little over N1trillion for its re-current and current activities in 2018. It’s a budget with a 65-35 percent ratio for recurrent and current projects, respectively. As ambitious as it is, it’s a budget, in which an aggressive drive for internally generated revenue (IGR) would ...
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The final sale of 9mobile: The warning signals…
In less than 16 days, Barclays Africa will announce the preferred bidder for the sale 9mobile, Nigeria’s fourth largest mobile company with 17million subscribers. It is pertinent to raise certain industry concerns before this development, because the announcement could make or mar the industry if critical factors are not considered beyond payment of debt incurred by 9mobile and consideration of ...
Read More »GTBank Vs. Innoson: A case of no victim
I had watched and followed with keen interest as news broke on the arrest of Innocent Chukwuma, the Chairman of Innoson Motors by men of the Economic and Financial Crimes Commission (EFCC). After a careful study of the trending development on both the social and mainstream media in addition to my personal research and knowledge of related issues, I have ...
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