NigeriaBusinessInfo.com
NEWS GOVT & AGENCIES CAPITAL MARKET OPPORTUNITIES ECONOMIC DATA CHAMBERS OF COMMERCE TOURISM SCREENSAVERS
 Home Subscribe
News & Features Section
Quick find? Search 100s of Pages
Nigerian Newspapers
The Guardian
ThisDay
Punch
Vanguard
BusinessDay
Weekly Magazines
Tell
NewsWatch
Other News Sources

<
All Africa.com
Africa Intelligence.com
Others
News Archive
Corporate Personalities
Classified Adverts
Interactive Homepage
Site Map

Like this site? Fill out and submit the form below to send an e-mail to your friend about it.
Privacy Policy

Your Friend's E-Mail Address:
Your E-Mail Address:
Your Name:
N
B
I
BusinessDay Aims To Reinvent Financial Journalism (Posted 29th Nov, 2001) Tell your friends about this page! Email it to them.

Olayemi Cardoso and Dr. Utomi at the PresentationNewspapers abound in Nigeria, but few are focused entirely on financial reporting. Many that have ventured into this rugged terrain have within a short time reached a brick wall. With this and many more reasons as motivational nuggets, a team of financial journalists with the political economist and social commentator, Dr. Pat Utomi as chairman, saw these as challenges and set out to overcome them. According to the chairman of the paper, Dr. Utomi, the paper aims to reinvent financial journalism in Nigeria.

The event was the public lecture and formal presentation of BusinessDay – Financial Times, London partnership at the Agip Hall, Muson Centre, Lagos. The occasion was graced by media executives and government functionaries. The Governor of Lagos State, Senator Bola Tinubu was ably represented by the Commissioner of Budget and Economic Planning, Mr Yemi Cardoso, Mr. Magnus Pako, Economic Adviser to the Vice President, Atiku Abubakar stood in for him. The occasion was chaired by Mr. Christopher Ikechi Ezeh, Chairman John Holt PLC. The former African Editor, Economist magazine of London, Richard Dowden delivered the lecture.

Richard Dowden, Olayemi Cardoso and Dr. UtomiUtomi started off the program by highlighting the objective behind the establishing of the weekly paper. According to him the paper is targeted at every strata of the Nigerian public, which includes the market women in the market. The determination to make a distinctive mark in the Nigerian financial milieu necessitated the recent strategic alliance with the Financial Times, FT of London. This will surely enhance the quality of the paper and give it an edge over other tabloids in the country.

"Who Needs Who?" Nigeria and Foreign Investment was the topic of the lecture. The lecturer, Mr. Richard Dowden analysed the African economic predicament before the democratisation wave blew through the continent. This brought about free market economy, democracy and human rights, and this recent development has shown the profound effect of these values in moving the economy of some Africa countries. Uganda and Mozambique was used as case studies to illustrate how the forces of demand and supply let loose can change situations with the former achieving consistent growth rates of 7% or 8% from the early 1990s and the latter by some 15% in the year 2000. The bottom line of the lecture centers on the need for Nigerians to believe in their country, with an attitudinal change and infusion of local private sector investment. This he argues will encourage foreign investors and transform the image of the country.

The speech of the Lagos State Governor was delivered by Mr. Cardoso. According to the Governor, the BusinessDay alliance with FT, London is a veritable source of influence for investment to Lagos in particular and Nigeria in general. On his part the Economic Adviser to the Vice President sees the medium as an investment magnet for both local and foreign investors. Mr. Foluso Philips who reviewed the paper was able to bring out the strong and weak points of the paper.

The event was rounded off by the formal presentation of the new improved BusinessDay with a 16-page pull out in partnership with FT of London by the representative of the Vice President, Mr. Magnus Pako. According to a media expert interviewed at the venue, who craved for anonymity "the financial reporting landscape is now open for competition. This will prompt qualitative delivery in order to corner the market".

© NigeriaBusinessInfo.com

Tell your friends about this page! Email it to them.

UP


N
B
I
Our Recent Features

Nigeria Set To Establish West Africa Free Trade Zone

ORACLE 9iAS Opens A Fresh Vista in E-Business in Nigeria

Nigerian Stock Exchange: Moving To Greater Height

ZINOX Launches First Made-in-Nigeria Computer

Nigeria Internet Group (NIG) Holds Convention

Jim Ovia Becomes The Charter President of Nigeria Internet Group, NIG

September 11 Terrorist Attacks Affect Lagos Trade Fair

First Bank of Nigeria PLC. Launches New Products

Governor Attah's Power Calculations

NITEL's GSM Gamble

Nigeria’s LNG Company Awards Gas Project Contract

Nigeria’s Power & Steel Minister Speaks on Improving Power Supply

 

Submit your comments about this site or something you found on it.
Privacy policy

NAME:

E-MAIL:

Tick to receive updates


Home   News & Features   Govt & Govt Agencies   Capital Market   Investment Opportunities   Economic Data   Chambers of Commerce    News Archive   Tourism & Leisure   Corporate Personality of The Month   Useful Nigeria-Specific Sites   Classified Adverts   Submit your Email for News Alerts   Recommend Us to Someone   Search This Site   Site Map    Link to Us   Legal Notices/Disclaimer   About This Site   Privacy Policy   About Us   Contact Us

   

Copyright © 2000-2001 bROADBASE(UK) Ltd & Broad End(Nig) Ltd. All rights reserved. Copyright © 2000-2001 Nigeriabusinessinfo.com. All rights reserved.