1,000 Edo PDP members decamp to AC

1,000 Edo PDP members decamp to AC

OVER one thousand members of the Peoples Democratic Party in Uhunmwode local government area of Edo State yesterday dumped the party for the Action Congress (AC).
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FG after my life over Ibori, says  Ribadu

FG after my life over Ibori, says Ribadu

PIONEER Chairman of the Economic and Financial Crimes Commission, EFCC, Mallam Nuhu Ribadu, told a three-member panel of the Code of Conduct Tribunal sitting in Abuja, yesterday, that the Government of President Umaru Yar’Adua is plotting his assassination for exposing corruption allegedly involving former Governor of Delta State, Chief James Ibori.

Gadaffi and a new Africa

Gadaffi and a new Africa

IT was Ryszard Kapuscinski, the late Polish journalist who lived in and wrote so extensively about Africa, who insisted: “The continent is too large to describe… Only with the greatest simplification, for the sake of convenience, can we say ‘Africa’. In reality, except as a geographical appellation, Africa does not exist”.

Dematerialisation: Stockbrokers call for review of CAMA

Dematerialisation: Stockbrokers call for review of CAMA

By Michael Eboh Stockbrokers have expressed their support for a review of  the Companies and Allied Matters Act (CAMA), in order to accomodate the dematerialisation  programme being championed by the apex capital market regulator, Securities and Exchnage Commission (SEC). Dematerialisation is a paperless driven  system , in which  investors’ holdings in a  company is reflected […]

Ibru urges N-Delta youths to drop arms

Ibru urges N-Delta youths to drop arms

By Festus Ahon UGHELLI—CHAIRMAN of Ughelli North local government council, Delta State, Mr. Kenneth Kesiena Ibru, has charged youths in the Niger Delta to embrace peace and drop their arms in the interest of sustainable development of the region.

Labour petitions Yar’ Adua over railways’ rehabilitation

Labour petitions Yar’ Adua over railways’ rehabilitation

The senior staff union in the communications, Transport and Corporations in the country, under the aegis of the Senior Staff Association of Communications, Transport and Corporations (SSACTAC), has petitioned President Musa Yar’ Adua, suggesting ways to modernise the nation’s rail system and make it commercially viable.

The powerless wolf

The powerless wolf

By Alozie Ogbonna PREHISTORICALLY, the Igbos, of which I am one, have a way of doing things based on their culture and belief systems. It is not strange that when a father encounters a prodigious child, especially the extra inquisitive ones, he may be pushed to coin words or raise imaginative constructs to keep the […]

Cabotage: Banks pressurize shipowners over  ship acquisition loan

Cabotage: Banks pressurize shipowners over ship acquisition loan

By Godfrey Bivbere Banks have began to pressurize indigenous shipowners to repay loans collected to acquire ship in anticipation of increased patronage under the Cabotage law regime. Following the passage of the Cabotage Law, indigenous shipowners under the aegis of Indigenous Shipowners Association of Nigeria (ISAN) collected  loans from banks to acquire more ships. This […]

Etiaba picks PPA nomination form for N5m

Etiaba picks PPA nomination form for N5m

By  Chris Ochayi ABUJA— Son of the Deputy Governor of Anambra State, Mr Emeka Etiaba, yesterday picked the Progressive People’s Party (PPA) governorship nomination form to contest the gubernatorial polls slated for February 6, 2009 on the platform of the party. Mr Etiaba, who paid the sum of N5 million in bank draft as cost […]

C-River engages experts to check natural disasters

C-River engages experts to check natural disasters

The Cross River State government is engaging environmentalists to seek ways of containing natural disasters which often leaves in its trail death and destruction of property in the state.

Trade deficit with US hit  N21.2 trillion

Trade deficit with US hit N21.2 trillion

By Franklin Alli Nigeria has recorded N21.2 trillion trade deficits with the United States of  Nigeria from 2002 to 2008.Nigerian Export-Import Bank (NEXIM), spokesman, Mr. Iyang Effiong, said  in Lagos, “Trade statistics between the US and Nigeria, showed that the trade figure is tilted consistently in favour of the US. The statistics showed that between […]