NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

How petty power play grounded Virgin Nigeria, forced out top American investor

SEPTEMBER 2004 heralded the entry of Virgin Nigeria, operated by the United States-based investor and majority owner of Virgin Atlantic, Mr Richard Branson. It was the fruit of the market-based efforts by President Olusegun Obansanjo under whom big companies such as MTN and Glo began operations in Nigeria. In fact, the Obasanjo government wanted a […]

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