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Credit Bureaus Under Scrutiny Over CBN’s Policy On Borrowers

The Central Bank of Nigeria’s (CBN) new policy stance on fraudulent practices in the banking industry, occasioned by loan and related offences, among others, may have put the credit bureaus under scrutiny, BusinessDay investigations have shown. While the CBN’s promise...

Ukraine Crisis: Russia Halts Gas Supplies To Kiev

Ukraine says Russia has cut off all gas supplies to Kiev, in a major escalation of a dispute between the two nations. "Gas supplies to Ukraine have been reduced to zero," Ukrainian Energy Minister Yuri Prodan said. Russia's state-owned gas giant...

Automakers In U.S. Driving Banks From Buoyant New Car Market

U.S. banks looking to get in on a booming market for financing new-car sales have run into a formidable competitor: the auto manufacturers themselves. Financing arms of car companies, including Toyota Motor Corp, Honda Motor Co and Ford Motor Co,...

Shares Struggle, Oil Firms On Iraq Anxiety

Investors tensions over fighting in Iraq and Ukraine saw a global shift into traditional safe-haven currencies, precious metals and bonds on Monday, and oil hovered near a nine-month high. The mood also spread to share markets. The Nikkei in Tokyo...

Mitsubishi Heavy, Hitachi Eye Global Clout With Alstom Bid

Mitsubishi Heavy Industries' involvement in Siemens' bid for the power assets of France's Alstom fits in with the Japanese company's plans to build a global presence after a recent major reorganization of its business. Mitsubishi Heavy President Shunichi Miyanagi said...

Power Sector Reform Advancing, Says Minister

… As Nigeria, American Investors Sign MOU SAN FRANCISCO, June 15, (THEWILL) – The power sector reform is progressing with the administration addressing teething problems facing the sector, Minister of State Power, Hon. Mohammed Wakil has disclosed. Speaking after signing a...

Atiku Says Still In Race For APC Presidential Ticket

BEVERLY HILLS, CA, June 15, (THEWILL) – Former Vice President Atiku Abubakar has dismissed as "sponsored stories," reports by a section of the media to the effect that the All Progressives Congress (APC) of which he is a chieftain...

Okorocha To Hold Security Meeting After Owerri Bomb Scare

The Imo State Governor, Rochas Okorocha has called an emergency security meeting with all the security operatives and stakeholders in the state following the incident of the averted bomb blast by security operatives at the Living Faith Church on...

OPINION: THE 20 QUESTIONS ABOUT BOKO HARAM

1. Which of the PDP presidential candidate hopefuls is implicated as late NSA Andrew Azazi inferred, that after being deprived in the PDP primaries, went on to upgrade Boko Haram to its today level of sophistication? Atiku? IBB? Gusau?...

OPINION: UNTIL OUR HAUSA BROTHERS AND SISTERS ARE FREE NO AFRICAN IS

The rich history of Hausa in West Africa has been eclipsed by the Fulani and Muslim religion as if they never had one of their own. Hausa not only survived the civilization of the great Empires of Ghana, Mali...

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