Ex-Gov Odili gets court’s relief on N189m loan, assets
A Federal High Court sitting in Abuja, yesterday, issued an interim injunction stopping the Economic and Financial Crimes Commission, EFCC, from arresting, detaining, prosecuting or embarrassing the immediate past Governor of Rivers State, Dr. Peter Odili over a N189m debt owed Finbank Plc.
Labour urges CBN not to politicise development in banking sector
The NLC President, Mr Abdulwaheed Omar, on Wednesday urged the Central Bank of Nigeria (CBN) not to politicise the ongoing reform in the banking sector to achieve its objective.
OPEN LETTER TO GOV SYLVA: Book on Melford Okilo, why the delay
OVER the weeks and indeed months on end, the man from the seat of power in Yenagoa, has continued to dominate the headlines and has been a good news copy for newspaper editors and the electronic media.
Nigeria produces 2.3 mb/d of crude oil
GROUP Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mohammed Sanusi Barkindo said on Tuesday that the country now produces 2.3 million barrels of crude oil per day against the Organization of Petroleum Exporting Country’s (OPEC) figure of about 1.6 barrel per day.
Analyst tasks regulators on banks’ ownership of brokerage firms
In order to prevent unnecessary margin facilities to the stockbroking firms and future crash of the Nigerian stock market, the relevant government agencies have been advised to pass legislation that will prevent banks from owing brokerage firms.
The bearish trend in the Nigerian capital market continued, Wednesday, as the value of listed equities dipped further by N38.3 billion. dips further by N38bn
The bearish trend in the Nigerian capital market continued, Wednesday, as the value of listed equities dipped further by N38.3 billion.
