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Nigeria’s Debt Creation Office!

Nigeria’s Debt Creation Office!

Our public institutions have now become so adept at soothing our anxieties and our pains while they are busy deliberately inflicting untold hardship on our people. For example, the availability of public power supply has remained illusory in spite of trillions of naira voted for this sector over the years, but our leaders continue to proclaim their ‘sincere’ commitment and endlessly encourage us to be patient!

Banks Deepen Capital Market

Banks Deepen Capital Market

The embattled Nigerian capital market may now have a breather as banks open a new window of investment for investors, Lucky Fiakpa writes
Guaranty Trust Bank (GTB), though a new generation bank, it however practices banking as of old. Cool, calculated and conserved. It is never loud in its approach to the business. But that has not diminished its drive for creativity. Since becoming a full-fledged commercial bank, it has been very innovative.

Crack in militants’ camp widens

Crack in militants’ camp widens

PORT HARCOURT —THE crack in the rank of militants further deepened, yesterday, with a statement from the Joint Revolutionary Council (JRC), an umbrella body of militants in the region which distanced the body from the recent action and pronouncements of the Movement for the Emancipation of Niger Delta (MEND).

A Step to the Past

A Step to the Past

Efforts of the Central Bank of Nigeria to check the liquidity crisis in the banking system and return to a liberal foreign exchange market, with market determined exchange rate is been threatened by speculation in the foreign exchange market forcing the authorities to embark on measures tantamount to policy somersaults

Lam blasts PDP, Yar’Adua

Lam blasts PDP, Yar’Adua

According to him, the party had not done anything substantial to make any positive impacts in the zone since it foisted itself on the leadership, adding that his party, Action Congress(AC) would not stand akimbo and watch the ruling party steal people’s mandate like it did in the last election.

One killed, others injured as suspected Ijaw youths attack passengers’ boat

One killed, others injured as suspected Ijaw youths attack passengers’ boat

According to a victim of the attack who escaped death by the whiskers but sustained gun shot injury, Mr. William Okerentie, an ex-service man, the heavily armed masked youths accosted them near an Ijaw village and immediately opened fire on passengers in the boat before coming on board to ransacked every passenger and dispossess them of all their monies and personal effects.

Medical council shuts 24 fake laboratories in Rivers

Medical council shuts 24 fake laboratories in Rivers

He said it was regrettable that there was no policy which made it mandatory for health providers to embark on such venture, stating “before the establishment of the laboratories in the various zones, MLSCN would first organise training on how to detect and report reagents that produce false report to the body”

Ateke raises alarm over alleged attack by JTFon his visitors

Ateke raises alarm over alleged attack by JTFon his visitors

Leader of the Niger Delta Peoples Volunteer Force, Mr. Ateke Tom, raised alarm yesterday evening that an entourage of a militant leader, Mr. Soboma George, which visited his camp was allegedly attacked by two gun boats manned by naval personnel along the Bonny – Port Harcourt sea route.