The Kwara State government has commissioned a Geographic Information System (GIS) and survey digital equipments for proper land administration in the state, worth N200 million.

The World Bank has approved a 500-million dollar Development Policy Credit to support Nigeria’s economic reforms in the financial sector and public financial management.

An International Monetary Fund, IMF mission led by Mr. David Nellor visited Abuja and Lagos between July 16 and 29, 2009 to conduct the 2009 Article IV Consultation, which involves analysis and discussion of economic policies that the IMF, regularly conducts with each member country.

Globally, the importance of banks in an economy cannot be over-emphasised. Apart from playing the intermediation role of moving funds from the surplus to the deficit sectors of the economy, they act as the barometer that measures the “financial pressure” of an economy. The banking industry is the largest provider of funds to both the private and public sectors of the economy; it also provides developmental support to the key sectors of the economy. Stakeholders are thus sensitive to whatever positively or negatively affects the banking industry.

Recently the Central Bank of Nigeria suspended the treatment of Commercial Papers and Bankers Acceptances by banks as off balance sheet items. This measure according to money market operators would trigger a fresh liquidity crisis in the industry as well as occasion increase in deposit rates, Babajide Komolafe writes.

“The truth is” said Onyefuru, “I was his only troop!” in response to my question about the failures of troop mobilization that night. “I returned with him to the Ikeja barracks that morning. We had walked across the front of Colonel Njoku’s home.

By Emma Amaize Warri – Delta State Government is to build new settlements for  Ijaw and Itsekiri communities in  Warri South-West Local Government Area of the state that were devastated by men of the Joint Task Force (JTF) on the Niger Delta during its aborted Cordon and Search operation in the area. Delta State governor, […]

By Vincent Ujumadu Awka – The Uchenna Emodi-led Anambra state Executive of the Peoples Democratic Party (PDP) has denied the claim by members of the national assembly from the state that Emodi and his group were bonafide members of the Democratic Peoples Party (DPP), saying that there was no iota of truth in the claim. […]

By Emma Amaize Warri – Participants at a workshop organized by the Human Rights Defenders Organization of Nigeria (HURDON) in Warri, Delta State on the amnesty granted militants by the Federal Government have urged freedom fighters in the Niger-Delta region not to surrender their arms, as the Federal Government has no post-amnesty plan for revolutionists. […]

We shall concentrate on the current strike by the Academic Staff Union of Universities (ASUU) because, apart from being a member of that very union; I think that over the years the other two unions, SSANU and NASU, look up to ASUU on strike as a viable strategy for compelling the government, both state and federal, to enhance the welfare of their members.