N8.3bn for rehabilitation of 78 dams in Kwara

N8.3bn for rehabilitation of 78 dams in Kwara

The age-long water crisis in Kwara State seems set for a final end before the present administration expires in 2011 as about 8.3 billion Naira has been earmarked for the expansion and rehabilitation of all the existing 78 dams across the state.
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PTD chairman pledges to stem pipeline vandalism

PTD chairman pledges to stem pipeline vandalism

National Chairman of the Petroleum Tankers Drivers (PTD), Branch of the National Union of Petroleum and Natural Gas Workers (NUPENG), Comrade Timothy Ogbu, has pledged the commitment of the union to work in collaboration with government agencies to stem the tide of pipeline vandalism in the country.

How soldier tortured, stabbed me in the eyes

How soldier tortured, stabbed me in the eyes

The story of Taiye Ebele Mbakwe (39), a native of Umuleri-Mbakala in Abia State sounds like the rested NTA kiddies show, tales by the moonlight. The father of two who lives at Number 49, Shifau Street, Ojuelegba, Lagos operates an electronic shop in front of his house with his twin brother, Kehinde.

MAN seeks 5 -7-year tax holiday for manufacturing sector

MAN seeks 5 -7-year tax holiday for manufacturing sector

Manufacturers Association of Nigeria (MAN), has called on the Federal Government to grant operators in the industrial sector of the economy a 5-7 years tax break for them to stimulate investments in the sector.

Oyo State Governor welcomes Etisalat to Ibadan with govt support

Oyo State Governor welcomes Etisalat to Ibadan with govt support

The Executive Governor of Oyo State, Chief Alao Akala, last week expressed gratitude at Etisalat, for extending its services to the ancient town and pledged that the state government would assist in dealing with any challenges the operator may encounter in its roll-out programme in the state.

How official corruption frustrates insurance business

How official corruption frustrates insurance business

The National Insurance Commission (NAICOM) last month wielded the big stick against UTIB Insurance Brokers. The broker was suspended for six months over what regulatory body described as unethical practices involving N314 million premium.

Rumblings in CBN over pension

Rumblings in CBN over pension

THE new Contributory Pensions Scheme which the National Pensions Commission ordered the Central Bank to start implementing is already causing some anxiety among the staff of the apex bank.

Bank reform: Ensure participants input, says Odife

Bank reform: Ensure participants input, says Odife

FORMER chairman, Centre Point Bank, Dennis Odife said yesterday that if the governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi must succeed in his present reforms in the banking sector, there was the urgent need to ensure that there was what he called consistent participant input.

Mortgage association affirms solidity of industry

Mortgage association affirms solidity of industry

The Mortgage Banking Association of Nigeria (MBAN), the umbrella body for all Primary Mortgage Institutions (PMIs) in Nigeria, has declared that the mortgage banking industry in the country is stable and sound, in an apparent move to boost public confidence in the sector in the wake of recent reforms in the banking industry.

Oceanic to unveil new corporate campaign

Oceanic to unveil new corporate campaign

Oceanic Bank Interna tional Plc has restated its commitment to excellent customer service with the adoption of a new corporate campaign tagged today is a good day.

Anambra: PDP warns Soludo, Okonkwo, others

Anambra: PDP warns Soludo, Okonkwo, others

As the PDP begins the process of electing its gubernatorial candidate from a list of forty-seven aspirants which includes the former Governor of the Central Bank, Prof Chukwuma Soludo, Senators Annie Okonkwo, Ikechukwu Obiora, Emma Anosike and Prof Ilochi Okafor, among others, the 5-member panel led by Governor Gabriel Suswam, has warned that the party would not hesitate to disqualify any aspirant associated with any form of malpractice and violence.