NDLEA arrests 128 in Benin

NDLEA arrests 128 in Benin

EDO State Command of the Nigeria Drug Law Enforcement Agency, NDLEA, weekend in Benin, disclosed that it has arrested no fewer than 128 persons between January and June 2010 suspected to be traffickers in Cannabis Sativa otherwise known as Indian hemp
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Giant of Africa indeed…by Paul Bassey

Giant of Africa indeed…by Paul Bassey

Saturday Ghana did Africa proud by qualifying for the quarter final of the first ever world cup on African soil. Saturday, Africa, nay the world celebrated what was considered a welcome development in a world cup that has so far yielded tears for a continent that pulled out all the stops to guarantee a hitch free hosting.

Robbers invade Rep’s house, kill two

Robbers invade Rep’s house, kill two

A gang of 10 armed robbers, weekend, invaded the residence of a member of the House of Representatives, Dr Oluwole Olakunde in Ondo town, Ondo State and killed two of his two security guards.

Starcomms gets two directors

Starcomms gets two directors

MESSRS. Richard Gill and Olutunde Adebayo have joined the employment of Nigeria’s only publicly quoted telecommunication company, Starcomms Plc, as directors to strengthen the operations of Starcomms and sustain its innovation drive among others.

Top 5 biggest mistakes when buying a car

Top 5 biggest mistakes when buying a car

For most people, a car is a necessity. We often depend on our vehicles to get us to and from work every day, transport children to events, and even for pleasure.

Their Filth, Their Fist, Their Fate

Their Filth, Their Fist, Their Fate

THE House of Representatives has distinguished itself with the regular resort to the fist in resolving matters. This has become more regular since the life of the present assemblage in June 2007.

CBN clears sacked bank chiefs for new jobs

CBN clears sacked bank chiefs for new jobs

Indications emerged, weekend, that the Central Bank of Nigeria, CBN, has been secretly giving clearance to executive directors of the rescued banks, raising questions as to why they were sacked in the first instance

When “wise men” gathered in Owerri in search of opportunity

When “wise men” gathered in Owerri in search of opportunity

It was one of the most hyped government programmes ever seen on these shores. Billboards were mounted in Lagos and Abuja announcing the Imo Investment Summit. The organisers sent text messages to the mobile handsets of people almost every hour. The Imo State Government was holding its first investment summit in its 34 years of existence.

Underwriters dare NAICOM on claims payment

Underwriters dare NAICOM on claims payment

Insurance companies in the country may be daring the National Insurance Commission (NAICOM) on
the regulator’s resolute to ensure that underwriters meet their claims obligations as claims ratio of some insurance companies are still below 10 per cent

Developers review property prices downwards

Developers review property prices downwards

Developers have been reviewing downwards the prices of their properties on offer, a reflection of the gloom in the property market occasioned by the paucity of funds in the economy resulting from the unwillingness of the banks to grant credits.

Customer Abuses: CPC to come up with regulatory framework soon

Customer Abuses: CPC to come up with regulatory framework soon

WORRIED by complaints of customer abuses by telecommunication industries, the Consumer Protection Council, CPC, said it has concluded arrangements to come up with an all-embracing regulatory framework to check consumer abuses in the telecom industry in Nigeria.

Ready to rumble! Bio writes FIFA to stop $8 million World Cup largesse to NFA

Ready to rumble! Bio writes FIFA to stop $8 million World Cup largesse to NFA

The Nigerian football scene is set to rumble after the Eagles went out through the back doors in the on-going World Cup in South Africa. The fight, though, would not be to save Nigerian football. It is a war of who controls the money that accrues from the World Cup and paid by world soccer-controlling body, FIFA.

Microfinance banking and poverty alleviation: Way forward in Nigeria

Microfinance banking and poverty alleviation: Way forward in Nigeria

The issue of poverty has become a front burner issue all over the world especially in the continents of Africa, Asia and Latin America. The interest shown all over the world may be genuine but there are some elements of enlightened self interest. For example, in Nigeria, most of the violent clashes have been attributed to poverty. Poverty is always a threat to political stability and peace.