Tuesday, September 25, 2018

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Financial Reporting Council of Nigeria: Regulator or tax collector?

BY CHUKWUDI UWAGA   The global recess that led to a number of corporate failures across the globe in 2008, redefined the need to enhance financial reporting and regulatory frameworks across the world. For instance, in Nigeria alone over the last few years, there have been two waves of collapse in the banking sector following reforms made by the Central Bank [...]

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Celebrating Sonala Olumhense (Ess Oh) at 60

BY TAIWO OBE [...]

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Financial Reporting Council of Nigeria: Friend or foe?  

As with global standards, the Federal Government set up the Financial Reporting Council of Nigeria (FRCN) in 2011. Established under Act 6, 2011, its mandate is to protect the investor and stakeholder interest, give guidance on issues relating to financial reporting and corporate governance, ensure accuracy and reliability of financial reports and harmonize activities of relevant professional and regulatory bodies. [...]

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7th Assembly: The National Tobacco Bill as public health legacy

By Muhammed Yinusa A national newspaper in a special report published on May 3, 2015 drew public attention to some critical bills  that may not make it to become laws as a result of the imminent winding down of the  Seventh National Assembly.The media report titled “Fate of Critical Bills Hang As 7th National Assembly Ends” listed the National Tobacco Control Bill [...]

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    Why the record label won’t be extinct anytime soon

Why the record label won’t be extinct anytime soon

BY M.I. JUDE ABAGA Why have record labels when they’re dying all over the world? Isn’t everything changing? Why don’t we just move on without the record labels? Well. All change doesn’t always mean good change.When it comes to doing things at the highest level, organisations are pivotal and the most pivotal organisations or structures in the music industry are music/record [...]

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    Buhari’s wife, our first lady 

Buhari’s wife, our first lady 

BY ABDULRAFIU LAWAL It is cheering for many Nigerians that Aisha Buhari is coming as country’s seventh first lady,  three decades after the Maryam Babangida brought glamour and prestige to the office through her Better  Life for Rural Women program. She (Maryam) was the first to operate from Aso Rock after her husband officially moved the seat of power from Lagos  [...]

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    South Africa, xenophobia and the African genocide

South Africa, xenophobia and the African genocide

By Adetola Adepoju The eyes sometimes wish they could unsee some things but can the mind forget? I cannot begin to imagine what was beamed from South Africa to the world in the last two weeks. In this article, I have had to suppress most of my nationalistic fervour in order to write dispassionately.South Africa, the shining light of Africa, the Rainbow Nation, [...]

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    Tony Momoh: A professional in politics?

Tony Momoh: A professional in politics?

By Mack Ogbamosa The story of the President-elect Major General Muhammadu Buhari (Retd)’s rough road to Aso Rock cannot be told without the contributions of Prince Tony Momoh.He was not only one of the masterminds of the merger of the three main opposition political parties - Action Congress of Nigeria (ACN), All Nigeria Peoples Party (ANPP) and Congress for Progressive Change [...]

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    The historic and heavy cross of Okezie Ikpeazu

The historic and heavy cross of Okezie Ikpeazu

By Chido Nwakanma It is a happy day in Abia State as equity is enthroned with the election of Dr Okezie Ikpeazu as Governor circa 2015-2019, in the first instance. All true Ndi Abia are happy with this development, Ndi Ngwa first and their well-meaning neighbours. It is the triumph of democracy as the system of representation that recognises equity of [...]

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The way forward for PDP  

BY OHIMAI GODWIN AMAIZE PDP was a great party. It is still a great party, but more instructively, great in the nostalgic sense of what rose from a political party founded on nationalist ideals in the wake of Nigeria’s return to democratic rule in 1999, to a behemoth at the prime of its glory in 2007 when former President Olusegun Obasanjo [...]

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Averting the monopoly in Nigeria’s telecom industry

By  Jaiye Adekusibe Telecommunications is a global phenomenon and its significance cannot be over-emphasized as an essential aspect of any nation’s social and cultural life. This is even more pronounced in Nigeria which has become a key strategic growth market in the West-African sub-continent, second largest African economy and fastest growing economy in Sub-Saharan Africa with an estimated population of 160 [...]

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    Epitaph of a godfather

Epitaph of a godfather

BY ABDULRAFIU LAWAL It is no longer news that the people of Borno state known for their high level of tolerance, resilience and fatalism for many centuries finally humbled Senator Ali Modu Sheriff , the self-acclaimed "Lion of the desert". They deported him from the political space, just like the American electorate humiliated Mitt Romney in the 2012 presidential elections because [...]

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When Nigeria decides, Nigeria wins

BY LINDA THOMAS-GREENFIELD The world takes notice when Nigerians, citizens of Africa’s largest democracy, decide. By participating peacefully and enthusiastically in the recent electoral processes in March and April, millions of you stood strong to re-affirm Nigeria as a leader for democracy in Africa – and around the world. It was an honour for me to lead the US observer mission [...]

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A lesson in political leadership: The Tinubu experience

BY OLUSEGUN DADA After observing this personality called Asiwaju Bola Ahmed Tinubu from afar, the following are leadership qualities I have observed in him that haVE made me develop a liking and respect for his "political personality". Please note, I have never met this man in person; I have never seen him in flesh.All I write here are basically my [...]

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Technology plays a critical role in national development

BY ADEBAYO SANNI Nigeria has benefited from the high oil prices and has become accustomed to high revenues, which have boosted the economy. While many may watch the tumbling oil price with dismay, in some ways it can be viewed in a positive light. The loss of oil revenues has compelled the country to give more attention to other areas of [...]

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    Where are our girls?

Where are our girls?

BY TAIWO OBE [...]

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Exchange Rates

September 24, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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