Expert in the Nigerian capital market has attributed the bearish run recorded in the Nigerian Stock Exchange (NSE), last week, to uncertainty trailing the conclusion of the audit of banks by the Central Bank of Nigeria (CBN), especially the recent publication of the names of debtors to the five troubled banks.

Federal Mortgage Bank of Nigeria (FMBN) is set to inject $1.5 billion (about N225 billion) loan facility into the mortgage sector that will enable Nigerians have easier accessibility to housing loans.

A recent report by the World Bank classified Nigeria as the most difficult place to register a property in Africa, in a further reflection of the sorry state of housing development in the country.

Bank customers have protested against the various types of charges deducted by banks from their accounts saying the charges are outrageous. The customers appeal to the Central Bank of Nigeria (CBN) to intervene by regulating the bank charges.

The five troubled banks have faulted the list of debtors published by the Central bank of Nigeria (CBN) last week. The banks said that the debtors list was compiled by the CBN and they did not see the final copy before it was published. Officials of the banks who spoke to Vanguard under condition of anonymity said that the debtors’ list was full of errors and most of the accounts not non-performing contrary to what was published by the apex bank.

Obosi—Governor Peter Obi of Anambra state has called for patriotism from Ndi Anambra in order to enhance the development of the state. Obi made the call at the weekend, in Obosi in Idemili North LGA, while speaking at the 13th Obiora Festival of Igwe Josiah Nwakobi, the Traditional Ruler of Obosi Ancient Kingdom, and the […]

THERE were indications yesterday, that ex-militant leaders, including Government Ekpemupolo, alias Tompolo, Ateke Tom, Victor Ebikabowei Ben, alias Boyloaf and others may distance themselves from the assumed leader of the Movement for the Emancipation of the Niger-Delta, MEND, Henry Okah, because of his alleged hard-line stance against their involvement in post-amnesty talks with the Federal Government.

By Ugo Jim-Nwoko ONE of the complex problems generated by the Nigeria debt–trap was how the whole country was going to pay for monies borrowed by some states mainly during the Second Republic and the ill-fated Third Republic of Nigeria’s political history. Most of these resources were, however, spent by government officials mostly on projects […]

THE Ijaw Movement for Power Shift (IMPS) and the Niger Delta Pathfinder (NDP), have advised Ijaw youths not to allow themselves to be engaged as armed thugs, assassins and mercenaries by disadvantaged political office seekers for their personal gains.

AGAINST derogatory remarks against Nigerian workers in Okomu Oil Palm Company Plc by its General Manager, Mr.Grahan Hefer, shareholders of the company have called on the Federal Government to repatriate him from the country immediately.