INEC owes parties N1.3bn

INEC owes parties N1.3bn

Except the in-coming chairman of the Independent National Electoral Commission, INEC, decides not to toe the path of his predecessor, Professor Maurice Iwu, the 59 political parties are set to lose N1.3 billion grant to the commission.
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CBN to determine value of bad  loans in banks

CBN to determine value of bad loans in banks

Nigeria’s central bank has set up a technical team to value bad bank loans that will be purchased by the new asset management company, Sanusi Lamido Sanusi said on Friday.

London court sentences Ibori’s aides today

London court sentences Ibori’s aides today

A LONDON court will, today, pass sentence on Udoamaka Onuigbo, a mistress of former Governor of Delta State, Chief James Ibori, and his sister, Christine Ibori-Ibie, who were found guilty of money laundering and mortgage fraud last week.

Guinness anniversary: Winner meets Black Eyed Peas

Guinness anniversary: Winner meets Black Eyed Peas

The winner of the Guinness 250 Anniversary consumer promotion, Mrs. Gbemisola Oladunni
Awofade has meet with the music group; Black Eyed Peas in Dublin, Ireland, a statement emanating from Guinness Nigeria has said.

Noise pollution and the consequences

Noise pollution and the consequences

Wednesday was yet another black day for the building industry in Lagos. An uncompleted storey building at Adenike Street, off New market in the popular Oniru Estate, Victoria Island suddenly came crumbling.

Share value on NSE dips by N7bn

Share value on NSE dips by N7bn

A bearish trend was recorded on the Nigerian Stock Exchange (NSE) last week, as the value of listed equities dropped by N7.23 billion.