Oceanic sustains profit run, earns N10.2b PBT in Q2

Oceanic sustains profit run, earns N10.2b PBT in Q2

Oceanic Bank International Plc has announced Gross Earnings of N64.27 billion and Profit Before Taxation (PBT) of N10.19 billion in its unaudited results for the half year ended June 30, 2010, signposting a trend of sustained profitability for the financial institution.
Visible Articles 5 10 15
Muslims begin Ramadan fast

Muslims begin Ramadan fast

Nigerian Muslims are expected today to join their counterparts across the world to begin the Muslim fast of Ramadan, provided the moon is sighted. It’s one of the five pillars of Islam.

Wage increase: Research  workers give FG ultimatum

Wage increase: Research workers give FG ultimatum

By Victor Ahiuma-Young ABUJA—OVER 60 Research Institutes, colleges and agriculture and allied institutions across the country, yesterday in Abuja,  gave a 7-day ultimatum to the Federal Government to conclude stalled negotiations over wage increase and payment of outstanding  monetisation arrears, among others, or the entire research institutes nationwide would  be shut down. At the end […]

Diaspora Nigerians seek inclusion in 2011 polls

Diaspora Nigerians seek inclusion in 2011 polls

Nigerians in the Diaspora have urged the Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, to work out arrangement that would enable them exercise their franchise at the elections.

Bad roads: Court orders process served on FG

Bad roads: Court orders process served on FG

A Federal High Court sitting in Ikeja has directed that the court processes seeking to compel the Federal Government to repair the Lagos-Ibadan and Lagos-Benin express roads filed by Mr. Femi Falana, be served on the Federal Ministry of Works at their Lagos office

Nwakanmma may emerge Abia new Dep Gov

Nwakanmma may emerge Abia new Dep Gov

THERE are strong indications that Governor Theodore Orji, may submit the name of Mr. Acho Nwakanmma, to the State House of Assembly as replacement for the impeached deputy governor, Mr Chris Akomas

Zoning: Decision rests on PDP, says Marwa

Zoning: Decision rests on PDP, says Marwa

Nigeria’s High Commissioner to South Africa, retired Brig-Gen. Buba Marwa says the ultimate decision on zoning of the Presidency lies with the Peoples Democratic Party, PDP, but cautions that abrogation of anyone’s right to vie for the seat can cause a problem

CONMESS: Doctors threaten to resume strike

CONMESS: Doctors threaten to resume strike

National Association of Resident Doctors of Nigeria, NARD, has threatened to resume its suspended industrial action by 1st September 2010, if the Federal Government fails to pay the five months arrears of the Consolidated Medical Salary Structure, CONMESS.

Ibadan: NURTW factions engage in free-for-all

Ibadan: NURTW factions engage in free-for-all

ATTEMPTS by some members of the National Union of Road Transport Workers, NURTW, believed to be loyal to the Oyo State Governor, Otunba Adebayo Alao-Akala to take over motor parks yesterday in Ibadan were violently resisted by the other faction claiming to be the legalized side.

Ogun PDP protests dissolution of exco

Ogun PDP protests dissolution of exco

TRAFFIC on the Presidential Boulevard in Abeokuta, the Ogun State capital was virtually brought to a standstill yesterday as members of the Peoples Democratic Party, PDP, organised a rally to protest the dissolution of the State Executive Council by the National Working Committee of the party

N-Delta confab holds  in London

N-Delta confab holds in London

THE 2010 edition of the International Conference on the Niger Delta, convened by Victor Ojakorotu of the Department of International Studies, Monash University, Johannesburg has been slated for August 23-24.

Oil: Conflicting interests reduce production aspirations

Oil: Conflicting interests reduce production aspirations

Conflicting interests and demand on limited resources are part of the reasons Nigeria will not be able to meet production aspirations of four million barrels per day and four billion barrels in reserves by the end of the year.

Goodbye, Ndidi Stock Exchange (NSE)

Goodbye, Ndidi Stock Exchange (NSE)

THE Securities and Exchange Commission(SEC) finally woke from its deep slumber to sack Professor Ndidi Okereke-Onyuike, the Director General of the Nigeria Stock Exchange(NSE). Also falling under the axe is the NSE Council and its president, Alhaji Aliko Dangote. Onyuike had sailed from the New York Exchange to the NSE in 1983 as a consultant and metamorphosed into the Exchange’s boss.

Exchanges @ The Exchange

Exchanges @ The Exchange

THE Nigeria Stock Exchange is in the news again for the wrong reasons. What began like a personal disagreement between the Director General Professor Ndi Okereke-Onyiuke and its President of Council Alhaji Aliko Dangote has resulted in the forced exit of the Exchange’s leadership by the Securities and Exchange Commission, SEC.

2011, obstacles to Uduaghan’s re-election

2011, obstacles to Uduaghan’s re-election

IT is rightly said that politics is a game of number, conflict and compromise. It is a game of transitory alliances but permanent interests, even when there are no permanent friends and foes. In the entire nation as the year 2011 is fast approaching the political fervour is increasing, interests are allying and old alliances are shifting like quicksand.