The Banking reforms implemented in the second half of the year by the Central Bank of Nigeria (CBN) aggravated the fall of equity prices on the Nigeria Stock Exchange(NSE) , with investors losing N8.6 trillion in shares’ values from March 2008 to date.

I SEIZE this opportunity to wish you all a wonderful festive season.
Even when there is a scarcity of cash to celebrate in all the ways we may have wished to, we can at least be thankful to the Almighty God for giving us life and saving us from the many tragedies we see or read about on a daily basis.

A renowned Nigerian ex-banker, Umaru Mutallab, on Saturday admitted that the man arrested, Mallam Umar Farouk Abdulmutallab, over a botched attempt to blow up a US airliner on a flight from Amsterdam to Detroit is his son.

Three days after a parcel bomb explosion rocked a 9-story building housing Super Screen TV in Lagos, another Nigerian is in the eye of the storm in the US over a failed attempt to blow up a Detroit bound plane.

AS part of diversifying the economy of the Niger Delta states, a Niger Delta Agriculture Summit is to hold in the first quarter of next year in Yenagoa, the Bayelsa State capital.

Governor Mohammed Namadi Sambo of Kaduna state has urged Nigerians to be more security conscious as they celebrate this year’s Christmas and New Year respectively.

The Nigerian High Commissioner to Canada Prof. Iorwuese Hagher has urged Nigerians to shun all divisive tendencies but imbibe the ideals of the nation’s founding fathers which was premised on togetherness and genuine love for the peace and progress of all segments of the nation.

Seven persons, including a police constable, were yesterday confirmed dead following Thursday’s auto accident that occurred at Oke-Odo area of Lagos. Two others including a toddler were said to be in a critical condition at an undisclosed hospital .

The name Chris Ajilore may not ring any bell in the music industry of today. But mention the  Chris Ajilo, a few ears may turn. Until his retirement in 2007, as General Manager of the Performing and Mechanical Right Society,(PMRS) of Nigeria, Pa Chris Ajilo was a force to be reckoned with in the music […]

The Ijaw Monitoring Group (IMG) has described Professor Alele Williams as a special gift from God to the Niger Delta.
In a congratulatory message signed by Comrade Joseph Evah, IMG Coordinator on behalf of the group to mark Alele-William’s 77th Birthday Anniversary, the Ijaw stated that the former Vice Chancellor of the University of Benin is an accomplished mathematician who has proved to the world that apart from the gift of natural resources, the Niger Delta has abundant talents that can compete with the best brains anywhere in the world. The group also felicitated with the Itsekiri people for giving the region such amazon.

Under the Living Wage policy the government, after adopting the Justice Belgore Committee Report on wages and salaries intends to pass into law a “Living Wage Act” which will replace the 2000 Minimum Wage Act which dictated a minimum wage of N7,500 for every worker in the public and private sectors.

The North basically believes in the exercise of the constitution. Everything is clear. We are not looking for a replacement for Yar’ Adua because the constitution is there to be followed .But this is not the case of inability to run the country. It’s a case of illness and all that one can expect is quick recovery. As it is, the president has not said he cannot continue and that the VP should continue or act in his absence.

“A brilliant performance like this should not go uncommended, and this goes to show the great potential that the country has to churn out good players if we set our parameters right” Oyinlola said.

As if the women were undaunted in their drug deals in spite of the continued arrest and paraded before newsmen, another woman who identified herself as Afegbai Esther was nabbed at the airport too while attempting to export 83 wraps of powdery substances which tested for cocain and heroin.

If in 10 years of democracy (since 1999) we cannot put a solid finger on any positive, life-enhancing benefit that the hopeless refrain of deregulation has brought to Nigeria, (Except the massive rip-off called GSM), why should anybody want to persuade us that deregulation – especially in the oil sector – would make any difference to our lives in this tragic country?