New Oceanic MD,  Aboh assures customers of safety of deposits

New Oceanic MD, Aboh assures customers of safety of deposits

The new Managing Director and Chief Executive of Oceanic Bank International Plc, Mr. John Aboh has assured customers of the bank that with the injection of N100 billion by the CBN, the bank has addressed its liquidity gap. He also added that this would help the bank meet all its financial obligations noting that the bank is now safe and sound.
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Governor Ohakim urges banks to relax agric loan

Governor Ohakim urges banks to relax agric loan

GOVERNOR Ikedi Ohakim of Imo has called on commercial banks to relax their agricultural loan conditions to enable more farmers benefit from the federal government’s N200 billion Agricultural Intervention Fund. Ohakim, who made the call in Owerri on Saturday at a forum organised for farmers in the state, said unless the conditions were relaxed, most small-scale farmers would not access the fund.

Smuggling, power failure threat to textile industry revival, Labour warns

Smuggling, power failure threat to textile industry revival, Labour warns

ORGANISED Labour in the nation’s textile industry, has warned that despite government efforts at raising the textile industry revival fund from N70 billion to N100 billion or even N500 billion, there cannot be real industrial revival if the issues of power and smuggling are not urgently addressed..

TBS’s journey to City Centre

TBS’s journey to City Centre

IT is one thing to concession out a property, and it is another thing to develop and put to good used the concessioned property. It is on the recognition of this fact that one appreciates efforts of the management of BHS International, the successful bidder at the concession auctioning of Tafawa Balewa Square three years ago.

EDOFEST 2009: Akhere fine-tunes programme for cultural fiesta

EDOFEST 2009: Akhere fine-tunes programme for cultural fiesta

THE Edo State Festival of Arts and Culture, EDOFEST 2009, billed for November is gradually coming on stream with the inauguration of the local organizing committee by the state commissioner for arts, culture and tourism, Barrister Vincent Akhere recently.