By Michael Eboh The bullish run in the Nigerian Stock Exchange (NSE) was halted, Tuesday, as the value of listed equities dipped by N77.85 billion. In particular, the market capitalisation which opened at N5.086 trillion depreciated by 1.53 per cent to close at N5.008 trillion, while the All-share index dipped by 327.24 basis points to […]

One of the budgetary proposals for 2010 which was submitted to the National Assembly by the Federal Ministry of Education, FME, is the request for financial backing for the policy already put in place by the Federal Government as regards the removal of disparity between the graduates of the nation’s polytechnics and universities.

The 26th convocation ceremony of Yaba College of Technology, which took place last Friday December 4, 2009, was marked by a lot of interesting developments.
The ceremony was originally slated for 10 a.m. on that day.

By Godfrey Bivbere & Godwin Oritse The House of Representatives  has thrown its weight behind moves to strip the Nigerian Maritime Administration and Safety Agency (NIMASA) of its maritime security function and the creation of a new body to perform the security function. Disclosing the position of the House in Lagos Monday, Chairman Ad-Hoc Committee […]

AS exemplified by several deals on which the bank is acting as Financial Adviser, Lead Arranger and Lender on the continent, UBA is positioned to play a catalytic role in facilitating infrastructure projects across Africa. This is was made known by the Director, Infrastructure Finance at UBA Capital, Mr. Wale Shonibare, at the recently concluded […]

By Godwin Oritse THE Charted Institute of Transport and Logistics (CILT) has decried the un-regulated construction of tank farms on the ports access roads, a development they say has contributed the perennial traffic situation in and around the Apapa area. This was contained in a communique issued at the end of a one day workshop […]

By Godwin Oritse & Godfrey Bivbere THE House of Representative Adhoc Committee on maritime security has expressed concern over the general deterioration of maritime business, a development that has led to the loss of over N15billion from the fishing sub-sector alone. The Committee led by Honourable Ehiogie West Idahosa also decried the state of insecurity […]

By Godfrey Bivbere After months of failed attempts to conduct elections into the various chapter of the Western Zone of the Association of Nigeria Licensed Customs Agents, the freight forwarding group is set to hold elections into it various chapter in the zone next Tuesday. Chairman of the Association Electoral Commission (ASCO), Prince Olayiwola Shittu, […]

By Morenike Taire THE one great failing of the democratic form of government, nonetheless far outweighed by its strengths, is its heavy dependence on the party system. A party is a group of people, amongst other accepted definitions, with political ambitions and ideological standpoints in common. A ruling party, therefore, is more likely to  have  […]

By Ochereome Nnanna I HAVE never been in the habit of blaming political appointees for acts of omission and commission in government. I am a firm believer that as the buck stops on the table of the chief executive officer, and since he hires and fires these appointees, he must answer for any fault of […]

By Ochereome Nnanna, George Onah & Jimitota Onoyume PORT HARCOURT—If you visit any of the Waterfront settlements  in Port Harcourt, you are unlikely to want to come back unless something or someone dear to you is one of the victims trapped in their bowels. Ajegunle in Lagos is touted as Nigeria’s foremost slum settlement. Compared […]

By Okey Egboka FOR the past one year, Chief  Victor Umeh, the factional chairman of All Progressives Grand Alliance has been in the trenches, fighting to ensure that his town’s man, Governor Peter Obi, gets the APGA gubernatorial ticket. For him, it is a project that must not be messed with. Ordinarily, an incumbent getting […]

The security and welfare of the people shall be the primary purpose of government. — Section 14 (2b) of the 1999 Constitution. THE once booming business of promoting human rights  is on serious retreat in Nigeria. It is appropriate on the occasion of the World Human Rights Day to remember this. A major reason for […]

By  Chidi Nkwopara OWERRI—Imo State Government has proposed a total budget of N120,110,943,148, made up of a recurrent revenue of N65,796,044,206 and recurrent expenditure of N48,052,966,467 for the 2010 financial year.

The Central Bank of Nigeria (CBN) has said that the crave by banks to assume global status was partly responsible for the ruin in the system, with many of them spreading their resources very thin unmatched by corresponding income.