Tthe microfinamce bank inter-bankmarket must be credible to attract patronage from operators of microfinance banks (MFBs).The Managing Director/Chief Executive Officer, Moorgate MFB, Lagos, Mr. Gbolahan Bello, said that because microfinance banks operators have little control over what the inter-bank market does with the funds, operators need to have a full understanding of the workings of the inter-bank market before investing their depositors’ funds.

HOSTCON called on the Federal Government to facilitate and establish the Gas Commission, pending approval by the National Assembly, arguing that it would create more employment opportunities to the idle youths in the Niger Delta.

Association of Bureaux De Change Operators of Nigeria (ABCON) has provided the Electronic Financial Surveillance System (eFASS) infrastructure for its members to render daily returns to the Central Bank of Nigeria (CBN), warning it would impose severe sanctions on any member that fails to comply with the requirement on daily returns.

Fente, who called for the immediate withdrawal of the bill which he described as “obnoxious”, accused the Federal Government of insincerity with the acclai-med palliatives for the Niger Delta region, and wondered why the existing 23 anti-Niger Delta people laws have not been repealed to pave the way for peace in the area.

By Victor Ahiuma-Young LAGOS – Organised Labour in the country weekend expressed concern over the increasing cases of industrial accidents in the country with government doing little or nothing to arrest the situation. But the Federal Ministry of labour and Productivity said government is doing everything possible to minimise industrial accidents and industrial peace in […]

The Dangote Group penultimate week wore a new look, giving its entire business a refreshing look, verve and strength, all skewed towards retaining its position in the conglomerate market.

By Ola Ajayi IBADAN—FORMER Governor of Oyo State , Alhaji Lam Adesina has called on the Inspector General of Police, Mr. Ogbonaya Onovo to prevent another high profile killing in the state by taking decisive action on the alarm raised by the candidate of the All Nigeria Peoples Party, in the 2007 poll, Senator Abiola […]

Declaring for the PDP at Abbi, his home town in Ndokwa West Local Government Area of the state, Emetulu said he was not decamping to the PDP, but returning to the PDP family where he belongs.

In a renewed effort to place its latest product in the fore front, MTN Nigeria said it is entering the market with MTN Eye, as it sponsors 12 golfers to Spain.

Speaking also at the meeting, the leader of the party in the council, Col.Paul Ogbebor, urged the members to disregard rumors that would further plunge the party into crisis, adding that “you can only be a leaders when you have people behind you.