Mr Olisa Agbakoba, SAN, former President, Nigerian Bar Association, NBA, Tuesday, expressed concern over plans by the National Assembly to amend the constitution to accommodate the extension of time sought by the Independent National Electoral Commission, INEC, for the review of voters register and the conduct of next year’s elections.
The Nigerian Stock Exchange (NSE) resumed Monday, maintaining the downswing as the value of listed equities’ represented by the market capitalisation dipped by N69 billion.
Afribank Nigeria Plc has set aside the sum of N3billion to fund its specialized Cement and Flour Distributorship Scheme to aid the business of flour mills and cement dealers nation-wide. The scheme is designed to fund working capital needs of the dealers.
As the nation prepares to celebrate her 50th year anniversary this weekend, former Military Head of State, General Yakubu Gowon (rtd), Tuesday in Abuja charged Nigerians to ensure that the 2011 general elections are conducted in a free, fair, peaceful and orderly manner.
Following the retirement of six Deputy Inspectors General of Police who were members of the former management team under Mr. Ogbonna Onovo early this month, the Federal Government has approved the appointment of seven new Deputy Inspectors General of Police.
Two Indonesian lawyers representing 18 Nigerians on death row in their country, have called on the federal government to intervene by writing a letter of postponement of their execution to their home government in line with Indonesia’s laws.
The management of Olive Micro-finance Bank has assured its customers of safety of their deposits. This is a follow up to publication in some of the national media in respect of the names of some micro finance banks whose licenses have been recommended for revocation.
The Nigerian Embassy in Berlin, Germany has invited directors and chief executives of the Central Bank of Nigeria (CBN), the Nigerian Export_Import Bank (NEXIM), and the Economic and Financial Crimes Commission (EFCC) to speak to investors in Germany as part of efforts to boost economic investments towards the country’s 50th anniversary celebrations.
EMBATTLED former Deputy Governor of Abia State, Comrade Chris Akomas, who was interrogated by the Police in Umuahia Tuesday, detained and released late in the evening, was again invited yesterday, but this time, the police said he would not go home.
Westside supplies Nigeria Limited has pledged its readiness to support and enhance Federal Government’s quest of steady power supply in the country through partnership with Nordex S.P.A industries; Italian based manufacturers of industrial light fittings.
Traffic was yesterday briefly halted at Umumba on the busy Enugu-Onitsha expressway as robbers carried out an early morning raid on motorists.
The estranged Managing Director of Intercontinental Bank has petitioned the federal government alleging forceful take over of the bank by the CBN governor Sanusi Lamido Sanusi having been instigated by Dr. Bukola Saraki.
THE Nigerian economy can be aptly described as an interlocking set of vicious circles that perpetuate economic stagnation and rural poverty which various governments since 1960 have been struggling to break away from without success. One of these circles involves the savings – investment gap.
For one to appreciate the present and plan for the future, it is necessary that we understand the past. Let us look at Nigeria in silhouette pre 1 October 1960.
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