The Central Bank of Nigeria, CBN, made a major and unprecedented policy summersault when it released a new prudential guidelines less than two months after the previous one was released.

MTN Group Ltd., Africa’s largest mobile-phone operator, said emerging-market acquisition opportunities are limited and that it will focus on returning cash to shareholders and keeping costs under control.

Indomie noodles from the stable of DUFIL Foods has the star prize A market woman, Mrs. Simiat Tella, a trader at the popular Ojuwoye Market, emerged the Star Prize Winner of a brand new 2010 Hyundai Accent Car during the mega draw of the Indomie

PRESIDENT of Nigeria Automobile Technicians’ Association, NATA, Mr. Michael Ajayi Omonayin and his Nigeria National Fitters Association, NNFA, counterpart, Mr. Taiwo Sufianu, have been elected President and Deputy President respectively of Federation of Informal Workers’ Organizations of Nigeria, FIWON.
Their election took place at FIWON maiden conference in Abuja.

In line with Unilever Nigeria Plc vitality mission statement, the Omo detergent brand of the company recently presented trophy to winners of the third edition of the Omo Nigeria Primary Schools girl football competition winners at the Media launch of the second phase of the Omo door to door stains challenge.

The United States doubled its purchases of Nigerian crude oil shipments in the first quarter of the year compared to the same period last year, Nigeria’s National Bureau of Statistics said on Friday.

Fan Milk Plc, Brand owners of Fan yoghurt has conferred with the award as the “Best Dairy Company of the year” by Global News International, a soft sell magazine at a Leadership/Excellence Award recently.

In renewed fight against the killer bread riser, potassium bromate, the National Agency for Food and Drug Administration and Control, (NAFDAC) weekend, stormed the popular Oja Tuntun market in Baboko area of Ilorin, Kwara State capital for a mop-up operation of the banned potassium Bromate suspected to be sold in the markets.

Alhaji Abubakar Ibn Garbai, Shehu of Borno, said on Friday that awareness on compulsory insurance policy should be taken down to the local councils to enable people at the grassroots understand its importance. Garbai stated this when the Board of Directors of the National Insurance Commission paid him a courtesy visit in Maiduguri.

MUCH energy is being wasted over the statement by Mr. Remi Babalola, Minister of State Finance, that the Nigerian National Petroleum Corporation, NNPC, was insolvent.

Shareholders have warned local banks in the country planing to buy into the eight rescued banks whose executive man agement the Central Bank of Nigeria (CBN) sacked in August last year to stay away until the legal issues beclouding the intervention of the apex bank are sorted out.

THREE Urhobo communities in Delta State are battling Shell Petroleum Development Company, SPDC, over recognition rights as host communities to the multi-million naira Utorogun Domestic Gas Projects located in Iwhrekan community in Ughelli South Local Government Area of the state.

The Chairman, All Nigeria People’s Party, ANPP, in Abia State, Mr Cassidy Agbai, in Umuahia at the weekend called for the mass transfer of all police officers who had spent more than ten years in the state.

We were kept in the bush and the rains were beating us.
Our captors remained with us. They blind folded us and when the want to lead us to a new location, we will hold each others hands. If you fall, that is your business.

Calm has returned to Mazah village near the Plateau State capital which came under attack early Saturday with the survivors thronging to church, yesterday, to thank God for sparing their lives