N/Delta: Industrialist upbraids Senate president

N/Delta: Industrialist upbraids Senate president

FOR comparing the Iraq  situation to the Nigerian Niger Delta, Senate president, Senator David Mark, has been described as lacking adequate knowledge of the situation in the country and showing  insensitivity to the plight of ‘an oppressed minority’. An industrialist, Dr. Ime Umanah, said on Friday that the Senate president’s reaction to visiting American secretary […]
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Ahmed joins  Chioma in Marriage

Ahmed joins Chioma in Marriage

Last Thursday marked a beginning of new life for Ahmed Mamoudu, son of Late Major-General Mamoudu (Rtd.) and Chioma Ibekwe as they were joined together in love at the Marriage Registry Ikoyi amidst funfair.

Police dislodge 3500 fanatics in Niger

Police dislodge 3500 fanatics in Niger

By Wole  Mosadomi Minna – A  Combined team of police, immigration and prison officers in Niger State yesterday dislodged about 3,500 Islamic fundamentalists from their camp on the Bokani-Mokwa road. The dislodged men are members of Daru Salam led by a Sudanese, Bashir Abdullahi. The police, citing security reports on activities of the sect, moved […]

Clinton misinformed on EFCC – Commission

Clinton misinformed on EFCC – Commission

THE Economic and Financial Crimes Commission, EFCC, reacting to the comment of the United States secretary of state, Mrs. Hillary Clinton, that the anti-graft agency has fallen off, says she was misinformed. The EFCC in a statement in Abuja, said the impression created by Mrs Clinton’s statement that the Commission had not done much in […]

Amaechi restates commitment to amnesty

Amaechi restates commitment to amnesty

By Jimitota Onoyume Port Harcourt – GOVERNOR Rotimi Amaechi of Rivers State has said he was ready to receive any genuine repentant militant in the state that was set to surrender his arms. The governor, who stated this in an interview with newsmen in Omoku, said the decision of the state government to receive genuinely […]

Governors’ defections herald a galore of rumblings

Governors’ defections herald a galore of rumblings

By Jide Ajani Whereas none of them would be willing to admit, the serial disgraceful acts of the political class have never ceased to further muddy Nigeria’s polity.  The latest in this is the seemingly spineless decampment of some state governors to the ruling Peoples Democratic Party, PDP. And instead of the joy of triumph, […]

A Fall  Back  to the  Old Order

A Fall Back to the Old Order

Lucky Fiakpa writes that with barely two months in office of the new Central Bank of Nigeria governor, the apex bank is reversing most of its policies and this could engender loss of confidence in the market if this is done frequently and within short intervals as has been the case

Fraudsters on the Prowl

Fraudsters on the Prowl

The increasing incidence of fraudulent practices in the microfinance banking sub-sector indicate that the sub-sector may have been hijacked by fraudsters and quacks threatening the effectiveness of a policy aimed at creating millions of jobs and reducing poverty, Babajide Komolafe writes.

Sanusi First  Time Out

Sanusi First Time Out

The Central Bank of Nigeria under Sanusi’s watch made scape-goats of five managing directors of banks over the weekend for serious liquidity strain as it has made it known from the onset that it would not accept any form recklessness in its oversight functions of banks in the country, Lucky Fiakpa writes

Investors lose N262bn on NSE

Investors lose N262bn on NSE

Investors’ woes heightened last week, as the value of their investment on the Nigerian Stock Exchange (NSE) dipped by N262.4 billion.
The dip in their investment value was engendered by continuous decline in the key market indices, represented by the market capitalisation and All-share index. Both the capitalisation and index depreciated by 4.51 per cent each.