Investors on the Nigerian Stock Exchange (NSE) last week lost a reasonable value of their investment on stocks, as equities value represented by the market capitalisation depreciated by N111.25 billion.
Hi Readers! Plans about Robert and Heather’s wedding has been put on the back burner for a couple of weeks because Belinda’s son, Simon, is going to wed the mother of his child.
Oceanic Bank International Plc has dedicated the Award it won in India to shareholders and customers who had contributed immensely to the turnaround effort of the Bank.
Inmobi, a mobile network research company, said the new survey it conducted recently showed that 69 per cent of African consumers are comfortable with mobile ads, which proves to be the highest in the world.
Suleiman Abbas Ahmed,is the new Comptroller of Immigration in -charge of Nigeria Immigration Service, Lagos State Command. A very experienced and articulate officer, Ahmed is generally regarded in Immigration circle as a thorough-bred and well exposed officer who will turn things around now that he is in Lagos office of the service. He spoke with Crime Alert on the challenges ahead and other matters arising.
Cost managers in Nigeria, under the aegis of the Certified Institute of Cost Management of Nigerian (CICMN), last week, charged people in government, particularly those who are seeking electoral offices in the incoming 2011 elections, on the need to utilize the Nigerian resources efficiently, saying that leadership is not the birthright of a group of people, region or faith.
CENTRAL Bank Governor, Sanusi Lamido, weekend, raised alarm over the high cost of maintaining the National Assembly which he put at 25 per cent of the nation’s expenditure, saying if the trend was not checked, it would continue to stall the growth and development of the nation’s economy.
MISTER Abiola Popola, FCIM, is the President/Chairman of Council, Chartered Institute of Personnel Management of Nigeria, CIPM. In this interview with Vanguard’s Correspondent, Victor Ahiuma-Young, he spoke about the re-branding of the nation’s foremost HR Management Institute, the challenge posed by quacks to the profession, delay by government in accrediting the institute among others.
Excerpts
WORKERS in the nation’s financial sector, weekend, demanded the nationalization of the rescued banks in the country, arguing that banks and other financial institutions would do well if nationalized as done in other economies.
Fumman Agricultural Products Industries Limited, manufacturer of the Fumman juice drink said it is taking a bold step to move its juice brand to a national player instead of its known regional player status, as Television Commercial (TVC) is Unveiled.
MONTHS ago, around mid-August, I expressed my displeasure with General Ibrahim Banbangida (rtd) for throwing his hat into the 2011 presidential election ring. I am afraid I have to follow that up with more comments on his style of campaigning, which not only unexpectedly but also unjustifiably has gone personal and in bad taste.
Oceanic Bank PLC has recorded 15.8 per cent jump in its deposit base to N644.5 billion as at 30th September 2010 from N556.8 billion in December 2009 , indicating increasing customer confidence in the bank. The improved fortunes of the Bank, one of the bailed-out banks was further confirmed by Fitch Ratings , which upgraded the bank’s individual rating from “F” to “E”.
The Securities and Exchange Commission (SEC) on Wednesday, stressed the need to exercise restraint in the proposed amendment of the Investment and Securities Commission Act 2007. The bill seeks to amend the commission’s Act to provide for greater transparency and accountability in the finances of SEC and to ensure effective legislative oversight.
The population of Lagos is estimated to reach 12.4 million by 2015, overtaking the Egyptian capital Cairo as Africa’s biggest city. According to a UN report, the number of people living in African cities will triple over the next 40 years to about 1.23 billion people and by then (2050), 60% of Africans will be city dwellers.
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- Shekau leading Boko Haram from the shadows
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- Group wades into Anambra doctors’ strike
- Fuel subsidy: Belgore committee begins sitting
- Tough one for Nyako as embittered Speaker takes over in Adamawa
- 25 Boko Haram members nabbed in Enugu



