Fitch rates Oceanic Bank ‘B’ with ‘stable outlook’
Oceanic Bank PLC has been confirmed to be very stable despite the challenges of the global financial meltdown by the internationally acclaimed rating agency, Fitch Ratings, which gave Oceanic Bank ‘B’ with stable outlook rating using the long-term Issuer Default rating (IDR).
Uniform duty rates for vehicle imports
THE Nigeria Customs Service (NCS) has introduced a uniform import duty rate on imported vehicles based on ex-factory price in all its commands, a development that eliminates the indiscriminate imposition of duties.
MEND declares 60-day ceasefire
By Emma Amaize WARRI – MOVEMENT for the Emancipation of the NIger-Delta (MEND) declared a temporary ceasefire for a 60-day period beginning from 00.000 hours on Wednesday, July 15, following the release of Henry Okah. Its spokesman, Jomo Gbomo in an online statement announcing the ceasefire said, “Effective, 0000 Hrs, Wednesday, July 15, 2009, the […]
MEND urged to reciprocate FG’s goodwill
BY JIMITOTA ONOYUME PORT HARCOURT - FOLLOWING the release of detained MEND’s leader Henry Okah by the federal government the militant body has been urged to reciprocate the good will of the government by halting further attack on oil facilities in the region. An online statement from a militant body, Watch Dog of Niger Delta […]
Amidst protests Benue Assembly bans Ogogoro
By Peter Duru MAKURDI—Despite repeated protests by youths of Benue State, the Benue State House of Assembly has passed the Bill prohibiting the brew, transportation, sale and consumption of the locally brewed gin popularly called ‘‘ogogoro’’. However the passage of the Bill has attracted the angry reaction of youths of the state who have insisted […]
FG plans science and technology parks nationwide
By Chinyere Amalu ABUJA — The Federal Government plans to establish science and technology parks across the country in a bid to reduce over dependency of the economy on oil and encourage production of quality and globally competitive products and services through scientific innovations. Science and Technology Minister, Dr. Alhassan Bako Zako, disclosed this in […]
Obi denies alleged move to reconcile with Okorie
By Vincent Ujumadu AWKA—ANAMBRA State government has reacted to a report in a national daily (not Vanguard), that Governor Peter Obi was making efforts to reconcile with the founding national chairman of All Progressives Grand Alliance (APGA), Chief Chekwas Okorie, describing the report as the imagination of the reporter. Chief Press Secretary to Governor Obi, […]
How FG’s amnesty to militants can work—Ihonvbere
Ihonvbere, who spoke to newsmen in Benin City, said “ the amnesty is not a lasting solution to the problems we have, but it is the beginning of the solution. It will end the violence; it will end kidnapping, and it may end the waste of human life and the contradictions of insecurity.
Do these people represent us?
The ASUU strike should be a matter of national emergency needing urgent attention. But the House did not consider the matter serious enough to attract its attention. It voted “democratically†to consign the country into the abyss of ignorance.
My release won’t stop N-Delta crisis — OKAH
I really have not thought about it, but I don’t feel much different because I knew this would come. I knew it would come to this point. ‘Militants not fighting for me’
Delta students condemn FG’s planned N15bn PTI for Kaduna
“While we want to refute claims by the executive secretary of PTDF in the dailies that over 17 billion Naira has so far been spent to upgrade the Petroleum Training Institute, Effurun. We want to call on President Musa Yar’Adua and the Executive Secretary of PTDF to reflect such acclaimed money spent on PTI as a true reflection of the visible infrastructures.
65% FG’s allocated funds unaccounted for —Bankole
By Ehis Osajie Speaker of the House of Representatives, Mr Dimeji Bankole, has alleged that about 65 per cent of the funds allocated by the Federal Government in its yearly budget cannot be accounted for or traced. Bankole who made the allegation in Las Vegas, United States at a Town Hall meeting organised by the […]
Paying Godly Taxes
THE determination of the Lagos State Governor Babatunde Fashola to implement the Nigeria’s largely ignored tax laws is drawing attentions, sometimes the wrong ones. It is to be expected, nobody likes to pay tax, we just do it out of obligation, or in situations we cannot avoid. Nigerians sometimes think excuses are acceptable in place […]
Gen Abbe now Defence Minister
The move by the President, according to sources, is geared towards fast tracking the ongoing peace process in the region, especially critical issues that concern defence, given the background of the new minister.
Atlas Cove bombing, slap on FG —Senate
“Those killed were Nigerians, like the militants, adding that the olive branch waved by the Federal Government should be embraced as a lasting solution to their agitations”
Customs warns new recruits on corruption
By AbdulSalam Muhammad KANO—The Nigerian Custom Service has warned the new recruit who joined the service with the ‘get rich quick’ mentality to leave the service and look elsewhere. The Commandant, Nigeria Customs Training College , Kano , Malam Ali Wakili gave the warning while addressing 498 new intakes into the college explaining that the […]
