With less than two weeks to the December 2009 deadline giving by the Federal Government to achieve 6,000 megawatts of electricity promised Nigerians, the government has disclosed that it would not be able to achieve the feat, citing gas problem as one of the militating factors.

By Babajide Komolafe Chairman, IBTC Stanbic Bank, Mr. Atedo Peterside, has faulted the Central Bank of Nigeria (CBN) on the provision of one code of corporate governance for operators in the financial sector. “Our regulator-imposed corporate governance codes and arrangements does not take cognisance of vastly differing ownership/management dynamics, nor are they adjusted or fine-tuned […]

The National Coordinator of the Ijaw Monitoring Group, (IMG), Comrade Joseph Evah, has commended Governor Godswill Akpabio of Akwa Ibom State for the people-oriented projects he has embarked on since he assumed office as governor

Oceanic Bank International Plc received commendations from the Central Bank of Nigeria (CBN)’s Clearing House for Error Free Transmission and Punctuality at  the Lagos Bankers Clearing House Representatives awards  for exceptional conducts in the year 2009.

Deputy Governor of Cross River State, Mr. Efiok Cobham, has called on Efik people of Calabar to ensure that they revived the glory of their forebears by repositioning themselves positively.

Flour Mills Nigeria Plc has announced a significant improvement in its second quarter financial performance for 2009, with a profit after tax of N4.89 billion.

National Sports Lottery Plc has announced its plans to undertake a share reconstruction exercise within the next three months.

Spring Bank has  emerged as one of the winners of this year’s Lagos Bankers’ Clearing House Representatives Merit Award. The bank was honored for its outstanding punctually at the Bankers’ Clearing House. The ceremony took place in Lagos. At the yearly Central Bank of Nigeria (CBN) sponsored event, winners are drawn from participating banks in […]

THE Judicial Commission of Enquiry set up by the Ogun State government to look into the immediate and remote causes of the violence that claimed several lives, including that of an Assistant Commissioner of Police, late Omolodun Oladokun and property worth millions of Naira destroyed, commenced sitting Tuesday in Abeokuta, the Ogun State capital.

By Jide Komolafe Minister of Finance, Dr Mansur Muhtar has assured that the federal government will make urgent exit from the eight troubled banks taken over by the Central Bank of Nigeria (CBN).