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Minister faults FG road contract award in Edo

Minister faults FG road contract award in Edo

THE Minister of State for Works, Dr Chris Ogienmwonyi, weekend, faulted the award of Agbor-Ugo-Sakpoba 29 kilometers Federal Government road in Orhionmwon Local Government Area of Edo State.

Businesses groan under the impact  of banking reforms

Businesses groan under the impact of banking reforms

THE business community, weekend, protested the negative effect the ongoing reform of the Central Bank was having on their businesses and the economy in general. A random sample of the apex bank’s reform on the business community conducted by Vanguard showed that almost every aspect of the economy was negatively impacted by the reform.

Group urges support for Jonathan

Group urges support for Jonathan

 A group, Isoko Development Monitoring Group, IDMG, has called on Nigerians to support Dr Good luck Jonathan in order to facilitate the realization of his goals and objectives. In a statement by its President, Mr M. Oroboha, yesterday, stated “that this is not the time for sentiment, racism, nepotism and tribalism. What we want now […]

Why PDP must reform

Why PDP must reform

Failing to get the Party’s ticket for the February governorship polls, Hon Ekwunife went to the Progressive People’s Alliance (PPA), secured its ticket to run against the PDP and other parties, and when she failed to get elected, she returned to her seat in the House of Reps as a PDP elected member. She never resigned to contest on PPA platform, and she never re-registered in the PDP when she returned. The same thing is true of Vice President Atiku Abubakar.

Govt, not sincere with amnesty – Orji

Govt, not sincere with amnesty – Orji

 By Ben Agande ABUJA—The President of the West African Action Network on Small Arms, Mr Dickson Nkemakonam Orji has accused the Federal Government of not being sincere with the implementation of the amnesty programme in the Niger Delta region, warning that the region could witness more violence if the programme is not properly handled. Addressing […]

PDP CHAIRMANSHIP: Struggle heightens, over 10 meetings held so far

PDP CHAIRMANSHIP: Struggle heightens, over 10 meetings held so far

NO fewer than 10 nocturnal meetings have been held by stakeholders to get a replacement for Prince Vincent Ogbulafor, who last week resigned as the National Chairman of the Peoples’ Democratic Party, PDP, following his trial in court over alleged N2.3 billion fraud.

Bello lists priorities to turn round NCC

Bello lists priorities to turn round NCC

After almost two months of silence, the Acting Executive Vice-Chairman of the Nigerian Communications Commission, NCC, Engr. Steven Bello, weekend said his major focus was to complete the on-going projects initiated by his predecessor, Engr. Ernest Ndukwe.

Qatar promises world new World Cup

Qatar promises world new World Cup

Nigeria and other developing countries could benefit immensely if Qatar’s bid to host the 2022 World Cup succeeds. And the bid appears to be gaining ground with time.

Lagos housing schemes for the rich only

Lagos housing schemes for the rich only

The Lagos State government seem to be paying lip service to provision of affordable housing after all, going by the prices of houses at its millennium housing schemes across the state.

Fresh wave of retrenchment looms in banking sector

Fresh wave of retrenchment looms in banking sector

INDICATIONS have emerged that some banks have been discreetly easing out staff in a fresh wave of retrenchments in the nation’s banking sector, even as the dust raised by the recent retrenchments which claimed not less than 10,000 workers occasioned by Mallam Lamido Sanusi led Central Bank of Nigeria, CBN reform, is yet to settle.

Equities: Bullish to persist

Equities: Bullish to persist

The bullish trend recorded in the Nigerian Stock |Exchange (NSE) last week, is expected to continue this week.
However, the market is expected to record a slowdown at the beginning of the week, as investors begin to trade off their shares so as to take advantage of the few price gains recorded over the past couple of days.

Nigerian micro sector dying, Operators

Nigerian micro sector dying, Operators

At a security awareness seminar organised for the new members of the then Acting President Jonathan’s administration on April 17, 2010, General Aliyu Mohammed Gusau (rtd) spoke on a number of national issues, chief among which is the banking reforms being undertaken by the Governor, Central Bank of Nigeria, CBN, Mallam Lamido Sanusi.

Diageo reporting award:  Names of  finalist emerge

Diageo reporting award: Names of finalist emerge

Diageo reporting award: Names of finalist pickedThe best of African business journalism will go into the final of the Diageo Africa Business Reporting Awards, (DABRA) with the announcement of the shortlisted candidates across eleven
categories.

CBN to appreciate  Naira to forestall looming inflationary risks

CBN to appreciate Naira to forestall looming inflationary risks

Head of Macroeconomics and Regional Research, Africa, Standard Chartered Bank, Mrs Razia Khan has predicted the Central Bank of Nigeria (CBN) will have to appreciate the naira to forestall looming risks of higher inflation growth in the second half of the year.