Troubled bank debtors get generous loan waivers
TO recover fully the principal of their non-performing loans, the management of some of the nine troubled banks have started negotiations with key debtors who have applied for forbearance.
OPC, vigilante groups, others threat to nation’s security
…As stakeholders seek refuge in Civil Defence By Bose Adebayo They often start their beat around twelve in the night. Some of them are armed with locally made guns while others, supposedly in a bid to fortify themselves, decorate their bodies with all manner of charms.
Credit to economy up by 10.6% in August
Banking system credit to the economy rose by 10.6 per cent in August even as inflow of N350 billion from the public sector lifted interbank money market liquidity last week causing cost of funds to fall by 50 per cent.
SBF plans $15m bonded terminal in Ondo State
Singapore Business Federation (SBF), plans to build a 7,000 capacity container terminal in Ondo State, this is contained in a Memorandum of Understanding (MoU) signed between Pacific International Lines (PIL) Limited, Singapore and Hull Blyth, UK worth US$15 million.
90% transportation services done by road — LCCI
The President of the Lagos Chamber of Commerce and Industry (LCCI) Asiwaju Solomon Onafowokan said over 90 per cent of the haulage of goods and the movement of persons are done through road transportation.
Expert urges outdoor advertisers to emphasise local contexts
AN advertising expert, Ms Michelle Brown, has urged outdoor advertising agencies in the country to place greater priority on adaptation of new technology, models and trends to suit peculiarities of the market.
Accenture secures Nokia’s professional services operations
Accenture (NYSE: ACN) has completed the acquisition of the professional services unit of Nokia (NOK), responsible for providing engineering and support of the Symbian operating system to mobile device manufacturers and service providers. The Symbian operating system is the world’s most widely used platform for smartphones.
Zain sponsors customers to Kenya
Zain’s MTV Africa Music Awards SMS competition designed to reward loyal customers of the network; The winners of the 2009 edition of the MTV Africa Music Awards are Sanni Olujuwon Eniola, Uche Olodu, Attah Edwin Ogbo and Edward Ojobo.
Union Bank savings bonanza produces more winners
Union Bank of Nigeria PLC’s Savings Bonanza has produced additional sets of winners of three brand new Toyota Corolla Cars and twenty (20) motocycles at its 2nd regional draw held in Port Harcourt, Rivers State recently, bringing the total winners of the star prizes to six and forty respectively.
NIPR election: Who assumes the mantle of leadership?
AS the Nigeria Institute of Public Relations (NIPR) goes to the poll by November 2009 what should be uppermost in the minds of the electorate is to choose a candidate that has the interest of the institute at heart.
CSR : Rosabel aligns with DSAN
Rosabel Leo Burnett, Nigeria’s associate agency of Leo Burnett Worldwide (LBW) has for the second year running partnering with the Down Syndrome Association of Nigeria (DSAN), the country’s sole charitable Foundation catering for the plight of children and adults living with Down Syndrome.
