The Institute of Chartered Accountants of Nigeria (ICAN) has reaffirmed its commitment to the war against corruption in the country by certifying 125 chartered accountants as forensic
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CBN to devote 60% SME fund to women
May 10, 2012 Comment Off 60 ViewsThe Central Bank of Nigeria (CBN) says 60 per cent of the proposed small and medium enterprise fund will be devoted to women-owned and managed businesses. Sanusi Lamido Sanusi, the CBN Governor,
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Nigeria ends auditor contracts over fuel subsidy graft
April 21, 2012 1 Comment 27 ViewsNigeria has terminated the contracts of two accounting firms involved in auditing its fuel subsidy payments, after a parliamentary inquiry found massive corruption in the government-run scheme, the
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Why Dr. Ngozi Okonjo-Iweala Lost World Bank Presidency Position
April 21, 2012 Comment Off 45 ViewsWife of Chief Gani Fawehinmi, the late human rights crusader, Mrs. Ganiyat Fawehinmi, Thursday said the Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, lost
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FAAC Suspends Withdrawal from Excess Crude Account
April 21, 2012 Comment Off 55 ViewsThe Minister of State for Finance, Alhaji Yerima Ngama, yesterday in Abuja said the Federation Account Allocation Committee (FAAC) has temporarily put on hold, further depletion of the Excess Crude
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World Bank juggles politics and merit in race to name leader
April 15, 2012 Comment Off 64 ViewsThe Colombian was echoing the charge of critics that the race is no choice at all because an American has always occupied the top job at the bank. It is one side of a convention that has seen a
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Beyond the Appointment of Market Makers
April 15, 2012 Comment Off 44 ViewsNSE DG, Oscar Onyema Reactions have continued to pour in over the selection of 10 market makers by the Nigerian Stock Exchange to enhance the flow of liquidity in the equities market. But analysts
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US should lead to end World Bank tradition
April 10, 2012 Comment Off 65 ViewsThe United States should take the lead and break the long tradition of an American always heading the World Bank, Nigerian finance minister and a nominee for the top post Ngozi Okonjo-Iweala said
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Nigeria’s Naira Gains on Subdued Dollar Demand as Reserves Rise
April 10, 2012 Comment Off 71 ViewsNigeria’s naira gained against the dollar as subdued demand for the U.S. currency and strong oil prices led to an increase in the nation’s foreign reserves. The currency of Africa’s biggest
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My vision for the World Bank
April 9, 2012 Comment Off 58 ViewsIn 1944, the Bretton Woods conference set up institutions that reflected a world about to emerge from the second world war. Nearly 70 years later, the world has changed. Emerging countries, once
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