Group calls for true federalism
A group, Global Peace and Relief Initiative, an NGO, has called for a proper fiscal federalism, which embodies resource control, autonomy of federating units and a massive development of oil producing states to cater for the decades of neglect and degradation of the Niger Delta.
Six stocks gain, as market value dips by N132bn
The ripple effect surrounding the sack of the managing directors and executive directors of five banks by the Central Bank of Nigeria (CBN), reverberated in transactions in the Nigerian capital market, Monday, as the value of listed equities on the Nigerian Stock Exchange (NSE) dipped by N132.22 billion.
Security operatives quiz Ibru, Nwosu, Ebong , others
The Economic and Financial Crimes Commission ( EFCC) has said today that it has arrested three of the five former MD/ CEOs of banks sacked last week by the Central Bank of Nigeria, CBN .
NSE indicts banks over failure to lend to real sector
The Nigerian Stock Exchange (NSE) has blamed the troubled banks for their woes, especially for their failure to lend to the real sector that is supposed to act as catalyst to the development and growth of the country.
World Bank, Kogi set aside N850m for community projects
The World Bank in collaboration with he Kogi government is to spend N850 million on the execution of some community projects in different parts of the state. Mr James Odeba, General Manager, Kogi State Community and Social Development Agency (KGCSDA) disclosed this on Sunday in Lokoja.
Ghanaian VP warns insurers against over depenence on third party
Ghanaian Vice President John Dramani Mahama has admonished insurance companies operating in that country against over dependence on third party insurance business
