CBN unveils guidelines on interbank loans

CBN unveils guidelines on interbank loans

If customers are demanding 20 per cent, no bank would want to do overnight lending of 11 per cent in the interbank, as required by the conditions attached to the guarantee. The interest rate cap in the conditions for the guarantee does not reflect the realities of the market, he said
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Abia Police parade 18 suspected criminals

Abia Police parade 18 suspected criminals

By  Anayo Okoli Umuahia—Abia State Police Command yesterday paraded 18 suspected criminals, including people believed to be cult members. Among those paraded were seven persons alleged to be cult members from Abia State University, Uturu. They were said to have been arrested from parts of the state at different operation by the police. The other […]

Ladipo lauds Fashola on Federation Cup success

Ladipo lauds Fashola on Federation Cup success

PRESIDENT GENERAL (World-Wide) of Supporters Club, Dr. Rafiu Ladipo, took a cursory look at the mammoth crowd that turned out at the Teslim Balogun Stadium on Sunday to cheer Enyimba and Sharks in the Federation Cup final and declared that Governor Babatunde Fashola has done well for football.

Ndokwa commends Yar’Adua, Uduaghan over Ogidi’s job

Ndokwa commends Yar’Adua, Uduaghan over Ogidi’s job

They said Ogidi has the requisite experience and administrative acumen to properly represent the state.
on the NDDC Board.Speaking through the National President of Ndokwa Federated Oil Producing Communities of Nigeria, Comrade Ozegbe Adoh two others, the people pledged their continued loyalty to President Yar’’ Adua’s seven-point agenda and Dr. Uduaghan’s three-point agenda, saying that the appointment of Chief Emmanuel Ogidi, the immediate past chairman of the Peoples Democratic Party in the state was not a misplaced choice

Suspected fraudsters  jump EFCC bail

Suspected fraudsters jump EFCC bail

The two suspects who were billed to be arraigned before Justice Grace Onyeabo on a two-count charge bordering on conspiracy and stealing of about N7. 2 million, property of Dangote Nigeria Limited, were absent without any explanation from either their relatives or their counsel.

MTN  to kick-off  2010 World Cup campaign

MTN to kick-off 2010 World Cup campaign

In a bid to reinforce the stature of the MTN brand as truly international, the telecommunications giant has expanded the frontiers of its strategy to enrich the lives of its customers by making history as the first brand of African origin to sponsor a FIFA World Cup, the very first to be played on the African soil.