The Federal Government should not ex-periment with the appointment of a new Director-General of the Securities and Exchange Commission (SEC) by appointing a learner, says a senior capitala market operator.

The Umuchinemere Procredit Micro Finance Bank (UP-MFB) Nigeria Limited, Enugu, in its efforts to empower and improve the well being of the active poor, is set to establish a micro insurance scheme for the rural populace of Enugu
Chairman of the bank, Rev. Obiora Ike, at the commissioning of the bank’s Customer Relations Office (CRO), at Afor-Oghe, in Ezeagu LGA, Enugu State, disclosed that the aim of the insurance policy was to secure the farm produce, livestock, and small business enterprises of the active poor, according to their levels.

The Board of Directors of the African Development Bank (AfDB) Group approved, Wednes-day in Tunis, a $500m investment in the Global Trade Liquidity Program as the second phase of its Trade Finance Initiative.

Standard Chartered has announced its full acquisition of the remaining shareholding in First Africa Group Holdings Limited (“First Africa”), a Leading pan-African Mergers & Acquisitions (“M&A”) advisory firm.

Shareholders of Starcomms Plc, Wednesday, endorsed the proposal by its Board of Directors to establish a management share incentive scheme for the benefit of the employees to spur them for increased productivity.

Integrated Microfinance Bank Ibadan branch is organizing a Carnival Road Show on poverty alleviation in Oyo State. The event is scheduled for today Thursday 2nd of July, 2009. The float/carnival will go around ibadan metropolis starting from the Governor’s office and end up in his office.

By Emeka Aginam, Asst. Online Editor The Executive Director of  Nigeria Policy Institute, USA,  Jimmy Emmanuel Asiegbu has called on  both state and federal governments to pay priority  attention to the recent  rampant kidnapping and armed robbery incidents in the country, particularly in Southeast part of the country. Kidnapping and demand for  huge ransom of […]

The recent 98th conference of the ILO was historic in many aspects. It not only coincided with the 90th anniversary of the ILO, it adopted the Global Jobs Pact designed to overcome job losses that people all over the world have experienced. It was also the first time that the ILO had nine presidents or heads of government address the plenary session. Nigeria was a part of the events in a very positive way.

CHIEF David Attah was spokesman for the late maximum ruler, Gen Sani Abacha. He had before then been Group Personnel Manager of the Daily Times, General Manager of Standard, two-time commissioner in Benue State and Member, House of Representatives. In this interview, he argued that Nigerians cannot continue to blame Abacha for the nation’s woes, more than ten years after his death and warned that the nation is drifting. Excerpts:

It was gathered that the Hassan Lawal, who has served as minister for five years, including three years under former President Olusegun Obasanjo, as Labour minister, and two years in the present government, could not come up with any solution.