Stakeholders say CBN action will affect funding of oil, gas sector

Stakeholders say CBN action will affect funding of oil, gas sector

Some stakeholders in the Oil and Gas industry have said that the action of the Central Bank of Nigeria (CBN) will affect the ability of the sector to source its development funds. Some of the stakeholders told newsmen in Lagos on Tuesday that oil and gas firms might no longer be able to source funds for their upstream and downstream projects.
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Stakeholders urge FG on revival of textile industry

Stakeholders urge FG on revival of textile industry

Stakeholders in the textile industry on Tuesday stressed the need for government to revive the textile industry and create more jobs. The call was made at the opening of the 21st Annual National Education Conference of National Union of Textile, Garment and Tailoring Workers of Nigeria (NUTGWN) in Benin.

Etiaba and the APGA door

Etiaba and the APGA door

By Ifeanyi Okoye ON the first day of January 2009, Emeka Etiaba, a legal practitioner and  businessman  with over 20 years experience in active legal practice took the political landscape in Anambra State by storm as he declared his intention to contest the 2010 governorship election under the platform of the All Progressives Grand Alliance, […]

Group plots takeover of  five top banks

Group plots takeover of five top banks

ANTI-CONSOLIDATION forces have regrouped with the hope of dismantling the structures and forcing a takeover of the top five banks in the country, Vanguard can now reveal. The grand plan by the group is to cause panic and uncertainty in the industry and make the target banks look unsafe for depositors.

Nigerian Navy confab holds in Uyo

Nigerian Navy confab holds in Uyo

By Kingsley Omonobi Abuja – The Nigerian Navy said yesterday that it would hold its 2009 Chief of Naval Staff Annual Conference in Uyo, Akwa Ibom State with experts from several African countries, including Navies of South Africa and Ghana invited to deliberate on how to rise up to the challenges posed by sea piracy […]

Ebonyi LCDA to build secretariat

Ebonyi LCDA to build secretariat

Abakaliki – Even with the Federal Government against the Lagos state government over Lagos creation of development councils, the Onicha-West Development Council in Ebonyi state, has listed provision of befitting council secretariat for staff accommodation as its core priority. Coordinator of the Development Centre, Mr. Chukwuemeka Mgbeke, who spoke yesterday, when he conducted newsmen round […]

Jigawa to set up Cassava processing firm

Jigawa to set up Cassava processing firm

By Aliyu Dangida Dutse – Jigawa state government has announced its plan to set up a Cassava processing company in Gwaram Local Government Area of the state in order to improve the trade and industry base of the state. This was reavealed by the state Commissioner for Information, Youth, Culture and Sports, Alhaji Aminu Mohammed. […]

Kidnapping: How my abductors planned the Awka bank robbery, by Okeke, GUO boss

Kidnapping: How my abductors planned the Awka bank robbery, by Okeke, GUO boss

By Vincent Ujumadu Awka -  Chief Godwin Okeke, chairman of G.U.O Group of Companies who was kidnapped on  Sunday and released by his captors on Monday evening has said that it was the same people who kidnapped him that robbed a bank in Awka on Monday during which two people were feared dead and property […]

Enugu LG polls: Group demands level playing ground

Enugu LG polls: Group demands level playing ground

Enugu  – A  group, the Greater Awgu Peoples Protection Solidarity (GAPPS), has called for a level playing ground for the candidates in the local government elections in Enugu state scheduled for December 5, 2009, saying that the electorate should only vote for those with track record of public service. It warned against circumventing the laid […]

Bank reforms: Act with caution,  NLC urges CBN

Bank reforms: Act with caution, NLC urges CBN

Nigeria Labour Congress (NLC) yesterday admonished the Central Bank of Nigeria (CBN) to act with caution in the on-going sanitization of the banking industry, warning that the congress would not tolerate any action that will compromise the welfare of workers.