Nigeria captain Nwankwo Kanu has been offered a new contract by his financially striken club Portsmouth.
The FA Cup runners-up, who have been relegated from the English Premier League and are tens of millions of pounds in debt, say they want to retain a “firm base” for the future.

The Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has declared that he does not have any regret over the decision he took on the banking reform, adding that he will do it over and over again if he had the chance.

Nigerian Maritime Administration and Safety Agency, NIMASA, has said only eight out of 24 vessels washed ashore by heavy storm in February, 2010, are salvageable.

National President of the Association of Nigerian Licensed Customs Agents, ANLCA, Prince Olayiwola Shittu has assured Comptroller General of the Nigeria Customs Service, Abdullahi Dikko Inde, of his members’ unalloyed support and cooperation in the drive to boost customs revenue.

Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has proposed for a fresh stakeholders meeting of tax authorities in the country (Federal Inland Revenue Services(FIRS), States tax authorities, and the Organised Private Sector to address multiple taxation issues.

Renowned American Inspirational Speaker, Dr. John Maxwell, will arrive the country next week to address Nigerian leaders, policy makers, Chief Executive Officers and entrepreneurs on managerial skills at a Leadership &Management Conference.

National Bureau of Statistics, yesterday, announced that inflation rate rose to 12.5 per cent in April, from 11.8 per cent in March after slowing in the two previous months.

President, National Association of Microfinance Banks (NAMB), Chief Matthias Omeh, has warned operators against insider abuses and fraudulent practices, saying this would further undermine public confidence in the MFB sector.

The two-day bearish run recorded on the Nigerian Stock Exchange (NSE) was halted, Tuesday, as the value of listed equities appreciated by N12.96 billion.

Strategic Resource and Information Limited (S-RAIL) has announced plans to contribute towards the repositioning and transformation of Nigeria’s corporate culture, to help organisations in the country develop a continuous and sustainable process of performance and quality improvements.

The Association of Professional Women Bankers of Nigeria (APWB) has restated its commitment to promoting integrity and professionalism in the banking sector despite the current challenges, in the economy.

Conference of Nigerian Political Parties, CNPP, has kicked against proposal by some former governors that the National Assembly should trim the number of political parties in the country to two.

GOVERNOR Olusegun Mimiko Wednesday disowned the task force on demolition of structures across Akure, the state capital.

In its bid to assist Nigerian importers and exporters who had to legitimately abandon their cargo at the ports, the Nigerian Shippers’ Council (NSC) has introduced a mechanism for claims recoveries and legal remedies.

MORE facts emerged Wednesday on circumstances that forced Governor Adebayo Alao-Akala of Oyo State to rescind his earlier order banning motorcyclists within Ibadan metropolis from plying federal and state roads.