NIGERIA’S FOOTBALL MESS: Experts proffer solution
Participants at yesterday’s Vanguard’s Conference Hall reached many conclusions among which was that the future of Nigerian football lay in the domestic football. The conference said efforts should be made to develop it if Nigeria is to be a force on the road to 2014 World Cup. This was after a thorough analysis of the problems bedeviling our football in recent time, which the conference noted were not different from the problems plaguing the larger Nigerian society. The conference agreed that there should be a re-evaluation of the statutes on which football is run, amending them where necessary to enable people with adequate knowledge of football to run it.
Reform will enhance global competitiveness of banks — Sanusi
Governor, Central Bank of Nigeria (CBN), Malam Lamido Sanusi, has said that the on-going reform in the banking industry will enhance the global competitiveness of Nigerian banks.
Kaduna SSG released
The Secretary to the Kaduna State Government (SSG), Mr. Waje Yayok, who was kidnapped in the state 10 days ago was yesterday re-united with his family and colleagues after the government allegedly paid N20 million ransom to his abductors.
For children orphaned by AIDS, a bright hope in the horizon
By Chioma Obinna When a parent becomes sick and dies, the child is usually affected in several ways that could leave him/her traumatised leading to emotional, physical and mental distress that could undermine that child’s overall health and development. Unfortunately, the 2.5 million Nigerian children orphaned by AIDS(excluding the ones in the Niger Delta areas […]
Broker blames CBN for high number of dormant account
Following its negative impact on the nation’s financial system, an expert in the Nigerian capital market, Mr. Amaeze Olisaemeka, has blamed the Central Bank of Nigeria (CBN)for the high number of dormant accounts and the numerous irregularities associated with it.
ETI appoints Kolapo Lawson as new chairman
THE Board of Directors of Ecobank Transnational Incorporated (ETI) has named Mr. Kolapo Lawson as its new chairman. The decision was made at the 135th meeting of the Board, held in Lome , Togo on the 28th of September, 2009.
GTBank warns customers against fraudsters
Guaranty Trust Bank (GTBank) Plc has warned its customers against divulging their personal data to any person order than the bank.
According to a statement by the bank, “Our attention has been drawn to mails being sent out by fraudsters, requesting for such sensitive information as Internet Banking Account and ATM Card Details. Some of these mails also request that customers update their account records by clicking on links to fake Internet banking and Interswitch websites.â€
Industry leaders create microfinance investing standards
J.P. Morgan Chase, Prudential Financial Inc., Citigroup and Deutsche Bank are set to form a new coalition that will create reporting and investing standards in the microfinance sector.
Ministry to conduct census of industries 2010
The Ministry of Commerce and Industry, has announced plans to conduct a National Census of Industries and Businesses in the country next year.
Manufacturers flay N58.70 per. scm new gas price
Local manufacturers have faulted the new gas price regime of N58.70 per. scm by local gas companies and suppliers, saying it will escalate their operating costs and make their products uncompetitive.
SON advocates review of criminal law
The Standard Organisation of Nigeria (SON) has advocated for a review of the criminal law.
SON Director General, Dr. John Akanya, who made the call, while receiving a delegation of the Port Industry Anti-Corruption Standing Committee (PIACSC), led by the Chairman, Mr. Val Usifoh, asserted that the review become necessary in order to have more stringent punishments for importers of substandard goods and their collaborators as the current provisions in the constitution have become inadequate to serve as deterrent to offenders.
