GERIAN banks are expected to be recapitalised as soon as possible and the near-to-medium-term outlook for Nigeria’s economy was positive, Central Bank Governor Lamido Sanusi said on Wednesday.

THE Germany Embassy said in Abuja on Wednesday that Foreign Direct Investment (FDI) from that country to Nigeria in 2008 was 138 million Euro. Mr Cord Busche, the First Secretary, Press and Cultural Section, made this known to the News Agency of Nigeria (NAN) at the forthcoming 2ndGerman-Nigeria Business Forum coming up in Abuja from Nov. 9 to Nov. 10.

RETIRED Maj-Gen. Godwin Abbe, the Minister of Defence, said the Federal Government planned to establish an aircraft maintenance centre. Abbe made the disclosure when the Chinese Military Attachéé, Snr Col. Kang Honglin, paid him a courtesy visit in Abuja on Tuesday.  Receiving the attachéé, the Permanent Secretary in the ministry, Dr Ezekiel Oyemomi, who represented […]

From the portents and signals, Nigeria seems not far from the throes of another contrived eruption. Already, there’s a lot of sabre rattling that reminds one of those days in school when the aluta continua slogan was ‘we no go gree o, we no go gree!’ Self appointed champions of the people are already positioning themselves for talk shows, interviews, even street demonstrations where they will rail against the evil of deregulation.

By Ifeyinwa Obi LOKOJA — Nigerian Maritime Administration and Safety Agency (NIMASA) has said it would commence the registration and licensing of boat operators in Kogi State. At least no fewer than 182 boat operators were operating without licences on River Niger in Lokoja alone. It was also discovered that no fewer than 2,000 boat […]