Addressing the 2011 elections (3)
TRANSITIONAL elections are thus only one of several ways of effecting reform of the political order. Separatist movements are another way of achieving the same result. Revolutions are another way of effecting change of political order.
NNPC JVs record 400 mmscf/d excess gas production
THE Nigerian National Petroleum Corporation (NNPC) yesterday revealed that its joint venture operations have recorded over 400 million metric standard cubic feet of gas production per day (mmscf/d) with implications for improved power generation and supply across the country.
PHCN: No going back on reforms, FG
IF the power sector is to attract the necessary investments to bring about the needed growth required for Nigerians to realise their dreams of uninterrupted power supply, a total overhaul and reformation of the sector may be unavoidable afterall.
German bank to invest in Nigeria’s microfinance sector
Germany’s BANK IM BISTUM ESSEN has indicated interest to invest in Nigeria’s microfinance sector through Enugu-based Umu-chinemere Pro-Credit Micro Finance Bank Nigeria (UPMFB) Limited.
LASMI, eight MFBs disburse N5bn loans
The Chairman, Lagos State Microfinance Institution (LASMI), Mr. Sikiru Alabi-Macfoy, says the outfit has so far given out N5 billion as loans to the active poor in the state.
Expert seeks stoppage of banks’ ownership of stockbroking firms
An expert in the Nigerian capital market, Mr. Babtunde Adeyemi, has called on the authorities in the financial market, to, henceforth, stop banks and insurance firms from owning stockbroking firms, as this will help reduce sharp prices, especially price manipulations and prevent a recurrence of situations that led to the crisis in the capital market.
