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.

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.

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 […]

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.

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.

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.”

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.

The Ministry of Commerce and Industry, has announced plans to conduct a National Census of Industries and Businesses in the country next year.

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.

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.

OPERATORS in the Nigerian maritime industry particularly in the freight forwarding sub-sector have said that it is illegal for the government to fund the Council for the Regulation of Freight Forwarders in Nigeria (CRFFN).

Ten public schools within Ibadan metropolis in Oyo State are the latest beneficiaries of the Multichoice Resource Centre project, an educational project which is designed to grant the beneficiary schools access to an Educational Bouquet that comprises of seven channels on the DSTV Bouquet.

Salem University, Lokoja has left no one in doubt of its determination to continually do justice to its total leadership training concept which is meant to make out of its students effective leaders, nation-builders as well as job creators.

By Ndahi Marama MAIDUGURI — The Borno State Commander of the National Drug Law Enforcement Agency, (NDLEA), Dr. Wale Ige, has said the unique geographical location of the state, bordering the three countries of Cameroon, Chad and Niger, makes drugs trafficking thriving business in the state, adding that, this is evident in the magnitude of […]

By Aliyu Dangida DUTSE —  THE Jigawa State Universal Basic Education Board (SUBEB), has directed authorities of seven boarding primary schools in the state to establish clubs and societies in their respective schools. Chairman of the board, Alhaji Sani Abdullahi, who gave the directive in a statement signed by the board’s Public Relations Officer, Malam […]