Protest: The Greek example
By John Owubokiri THE Greeks of ancient times gave the world the theory and lexicon of democracy; the French, God bless them, exemplified its practice. The Greek generations of the late 18th century and early 19th century were regarded in Christian Europe as the degenerate descendants of their noble ancestors. Straddled politically by an Ottoman […]
Union vows to resist plan to charge aviation workers on use of access gate
The Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) has vowed to resist plans by the Federal Airports Authority of Nigeria (FAAN) to charge its members for use of the access gate linking the domestic to international wing of the Murtala Muhammed Airport, Ikeja, Lagos.
Siemens settles World Bank with $100m for anti-fight corruption
The World Bank Group has announced a comprehensive settlement with Siemens AG in the wake of the company’s acknowled-ged past misconduct in its global business and a World Bank investigation into corruption in a project in Russia involving a Siemens subsi-diary.
Keep Foreign Reserves with AFIs, Afreximban tells Africa govts
African governments with large foreign reserves in western banks have been urged to keep such reserves with African Financial Institutions (AFIs).
Interswitch deploys Gemalto Solution for Verve card
Interswitch, an e- payment and switching company, has deployed Gemalto’s Dexxis Instant Issuance solution to to accelerate banks’ migration to its chip and PIN Verve paymnet card.
Actis restates commitment to emerging markets’ development
Actis, a private equity   investor in developing countries’ capital market, has restated its commitment to the development of emerging markets in Africa and around the world, through partnering with Small and Medium Scale Enterprises (SMEs) in these countries, by helping them achieve their growth plans and contributing positively to the economic development of their various […]
Expert tasks banks on credit bureaus
An expert in the Nigerian financial market, Mr. Akin Oladeji, has tasked banks in the country on the need to cooperate with the newly introduced credit bureaus, in order to address the issue of bad loans in the nation’s financial system.
IPMAN petitions EFCC over alleged fraud at PPMC
ABUJA -THE Independent Petroleum Marketers of Nigeria have file a petition before the Economic and Financial Crimes Commission against some officials of the Pipeline and Products Marketing Company for alleged fraud and sharp practices in the distribution of petroleum products.
Again, militants blow up Chevron facility
* MEND apologizes to Chief Clark By Emma Amaize WARRI- MOVEMENT for Emancipation of the Niger-Delta (MEND) yesterday bombed the Chevron Nigeria Limited (CNL)-owned Okan manifold, which controls about 80 per cent of the company’s off shore crude oil to its BOP Crude Loading Platform in Delta State. The group also made a volte face […]
A Clamour for more Information
Banks shareholders are agitating for detailed disclosure, in precise term, of how much contribution their off-shore subsidiaries are making to the overall performance of the group given the huge shareholders’ funds deployed in setting them up, Lucky Fiakpa writes
Valucard, Interswitch in Battle for Supremacy
The wave of competition caught up with the two card giants in Nigeria last week as they make claims of superiority over each others products, Babajide Komolafe writes
