THE PUTRID MESS ALSO IN CBN! (2)

THE PUTRID MESS ALSO IN CBN! (2)

By Les Leba Most of our people would recognize the role of commercial banks as custodians of our savings, but probably much less are in reality acquainted with the role of banks as lenders to individuals as well as corporations. This is not surprising as possibly less than 10% of our estimated population of 150m […]
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‘Enugu not tampering with council allocations’

‘Enugu not tampering with council allocations’

By  Vivian Enebeli THE steady improvement in the infrastructural development in Enugu State, particularly in the local government areas, has been attributed to the decision by the state government not to tamper with the councils allocations from the federation account, the chairman of Isi-Uzo Local Government Area, Dr. Sam Ugwu has revealed. Ugwu, said the […]

Their constitution, our constitution

Their constitution, our constitution

Thereis increasing polarization of views about what they gave us and what we want. They refers to those who have governed this country, and we refers to the people, the citizens of the Federal Republic of Nigeria. The bone of contention is the Constitution in the context of what amendments the National Assembly wants to undertake and how qualified they are to do so.

How many affairs would you let your wife get away with?

How many affairs would you let your wife get away with?

I was almost ready for the office when my door-bell went persistently. Annoyed that the driver’s been locked out by the maid again, I went to the door with my face half made-up. The man standing on my door-step looked as though he’d been given a thorough beating by a gang of armed robbers.

Aviation workers protest hand over of GAT terminal

Aviation workers protest hand over of GAT terminal

PROTEST by aviation workers yesterday almost aborted the handing over of the General Aviation Terminal (GAT) of the Murtala Muhammed Airport, Lagos, to Bi-Courtney Aviation Services Limited, builders and managers of MMA2. This came as aviation minister, Babatunde Omotoba, also issued a statement dismissing Arik Air’s claim that he was directed by the attorney-general and […]

The human experience: Home

The human experience: Home

It’s a sound argument that every living thing has a home. For plants, it’s a special terrain, climate and atmosphere that determine the location of the home. For animals it’s more or less the same, you can be a hot weather species or cold one, you could inhabit the deep or the land but a home to a human being is a lot more different.

The voice of Jacob, the hand of Esau (2)

The voice of Jacob, the hand of Esau (2)

BUT then, why should a bank give out billions of naira in unsecured loans? Why should top bank officials abuse their privileged positions by using tricks to approve huge loans to themselves and their cronies without adequate security backing?

Elderly Persons’Bill

Elderly Persons’Bill

OLD age touches us all, for, if we’re not yet of that range, we have parents, grandparents, and relatives who are. So, old age should be of some concern to everyone. I was glad to receive a few responses from young people, among the many I got, understandably, from the middle-aged and the elderly.

UNIBEN VC crisis: ASUU leader forced to step aside

UNIBEN VC crisis: ASUU leader forced to step aside

THE Academic Staff Union of Universities (ASUU) University of Benin branch, has been torn apart as its chairman, Dr. Kashetu Ilevbare has been forced to step aside. This is one of the fall- outs of the selection process of a substantive vice-chancellor of the university, which has assumed an ethnic colouration. The crisis in ASUU […]

Bank crisis: The road to hell (3)

Bank crisis: The road to hell (3)

By DELE SOBOWALE There are some commercial banks that have a negative net worth. What is CBN’s plan for them? Who is going to merge with a bank with a large negative net worth under your N25 billion scenario? Is this a disguised way of putting them out ofbusiness by December 31, 2005? Why would […]

Banking Sector Reforms: 2nd round of audit reveals rot

Banking Sector Reforms: 2nd round of audit reveals rot

*MD corners N85billion share capital; invests N12billion depositors funds in own company By Gabriel Omoh, Group Business Editor Despite assurances by the Central Bank (CBN) governor, Mallam Sanusi Lamido that he does not expect many surprises from the second round of audit of banks in the country, reports reaching Sunday Vanguard suggest that the rot […]

Amnesty and militants arms surrender: How far?

Amnesty and militants arms surrender: How far?

By Emma Amaize , George Onah & Sam Oyadongha FORTY three years ago, precisely on February 23, 1966, Isaac Adaka Boro, who headed an organization known as Niger Delta Volunteer Force, NDVF, told his field commanders – Samuel Owunaru and Nottingham Dick – that the die was cast. It was at a camp called Touton […]

Bank of Industry building: A year ago, Lagos made history!

Bank of Industry building: A year ago, Lagos made history!

IT will be exactly a year ago tomorrow, when the proactive administration of Governor Babatunde Raji Fashola scored another first, this time, a technological feat – the pulling down of the 22-storey Bank of Industry (BOI) building without any casualty, not even the slightest damage to surrounding structures.

Football tragedy  not yet over  — Beke

Football tragedy not yet over — Beke

President Umaru Yar’Adua has been advised not to dissolve the Presidential Task Force, PTF, in order to build a formidable Eagles squad towards 2014 World Cup after the country’s 2-2 draw against the Carthage Eagles of Tunisia in Abuja.