THE Minister of State for Commerce and Industry, Mr Humphery Enemakwu Abah has stated that export business is critical to a nation’s economic growth and development, especially at this time of global economic challenges.
The Public Accounts Committee of the House of Representatives has ordered the Nigerian Deposit Insurance Corporation (NDIC), to furnish it with details on the liabilities of 13 banks that were liquidated in 2006 in the wake of the recapitalisation by the Central Bank of Nigeria (CBN).
By Henry Umoru
Abuja -Â WORRIED by the lingering crisis in the Plateau State Chapter of the Peoples Democratic Party (PDP), elders and members of the party in the state, Thursday, urged the party National Working Committee (NWC) to revisit the issues that led to the dissolution of the elected Executive Committees if there [...]
A former Nigerian head of state, General Yakubu Gowon (rtd), Thursday tasked the President Umaru Yar’Adua-led administration to implement the draft national social security policy.
The Federal Government on Monday directed the newly-inaugurated Management Board of Nitel/Mtel to consumate the privatisation process of the two establishments within 60 days. Vice-President Goodluck Jonathan gave the directive while inaugurating the board at the Presidential Villa, Abuja.
The stakeholders’ meeting between the Lagos State Government and community leaders representing Ibeju-Lekki and Epe council areas over the proposed site of an international airport in the area ended inconclusively as stakeholders clamoured for royalty rather than being paid compensation.
Some non-governmental organisations (NGOs) have called for total support to the anti-graft bodies and the Central Bank of Nigeria (CBN) to achieve total reform in the Nigerian banking sector.
An international conference on the Niger Delta crisis is to hold in Johannesburg, South Africa, in November.
Governor Babatunde Fashola of Lagos State has assured Lagos residents that the newly completed drivers institutes situated across five divisions in the state will create jobs for about 1,000 people.
The Chartered Institute of Stockbrokers (CIS) and Association of Stockbrok ing Houses of Nigeria (ASHON), yesterday called on the Central Bank of Nigeria (CBN) to allow its members to restructure the N412.7 billion margin facilities indebted to banks since the share certificates that was used as collateral on the loan are still been warehoused by the banks.
The lingering crisis between the Federal Government and Academic Staff Union of Universities (ASUU), has led to the closure of universities in the country for two months now, following ASUU strike, which has entered its third month.
By Bamidele Aturu
A senior friend of mine described what began in the banking industry two Fridays ago as a Tsunami, and he is right. Removing in a fell swoop five Managing Directors and the entire Board of Directors of five banks in a thoroughly depressed economy such as ours could not have been [...]
The lawyer in Mr Raji Fasola, SAN, the governor of Lagos state was alive at the just concluded week long national conference of the Nigerian Bar Association (NBA) in Lagos.
Jos – The need to shed cultural/traditional beliefs or practice which make the discussion of matters relating to sex or sexuality with children has been gaining ground in Nigeria and Africa in recent times.
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