European stocks slipped in thin trade on Monday after soft Chinese manufacturing data, while simmering tensions in Ukraine underpinned safe-haven government bonds and gold.
Portuguese bond yields edged to eight-year lows after Lisbon said on Sunday the country would make...
Norway picked Citigroup (C.N) over rival U.S. bank JPMorgan Chase & Co Inc (JPM.N) as custodian of its sovereign oil wealth fund, the world's biggest at $865 billion, the Financial Times reported on Sunday.
Officials at the banks were not...
Ukraine's largest bank has temporarily closed branches in separatist-held Donetsk and Luhansk, saying it could no longer carry out cash transactions in regions riddled with crime that could "threaten the lives" of its workers.
Pro-Russian separatists have targeted Privatbank, after...
No public commentator has as yet delivered as robust an analysis of the forthcoming 2015 presidential election as a regular columnist in the Vanguard, the intrepid Femi Aribisala. In a recent article, titled: ‘The 2015 presidential election will not...
Air transport reforms needed to unlock full potential
Until recently, it was not uncommon for passengers flying between two African cities to transit through Europe. It was cheaper and faster, for instance, for passengers travelling to Ethiopia from Cote d’Ivoire...
Unprecedented investments in Africa’s ground transportation are hardly enough
The Democratic Republic of the Congo (DRC), which sprawls over 905,000 square miles, is the second largest country in Africa. Fifty four years after independence, the DRC has no roads connecting...
“You can't build a reputation on what you are going to do. You build one by doing what is right at the right time.” Senator Bala Mohammed (KauranBauchi) wrote on his Facebook wall as far back as September 22,...
It is quite unsettling that the leaders of the leading opposition party, All Progressives Congress (APC), have decided to self-destruct. They are doing their best in putting the wrong foot forward in almost all their recent public outings. After...
Looking back into our national history, the last time a top government official engaged in an act of sedition and rebellion against the Nigerian State was in 1967. That was when Lieutenant-Colonel Chukwuemeka Odumegwu Ojukwu, then Military Governor of...
I have often wondered whether the problem with Nigeria has always been the lack of an effective leadership or more like that of followership. Recently, the matter was once again brought to the fore by Prof. Chinua Achebe’s seminal...