Weak bank lending to the Nigerian economy is a “major worry” and although the central bank wants single-digit inflation by the end of the year it will do nothing to jeopardise growth, its governor said on Thursday.

The report goes on to say that over 400,000 American users relied on sales through the website as a primary or secondary source of income.

The federal government has appointed an acting Managing Director for the Federal Mortgage Bank of Nigeria (FMBN), following the dissolution of the board of the country’s apex mortgage bank two weeks ago.

“In spite of Organised Labour’s recognition of the real advantages that a deregulated downstream oil sector would bring to the economy, there is yet no sign that Labour’s opposition to this policy has waned! Labour, of course, recognizes that NNPC (Nigerian National Petroleum Corporation), like all monopolies (especially state run monopolies) create price and market distortions which do not generally favour the masses.

AREWA Consultative Forum, ACF, yesterday, condemned President Goodluck Jonathan’s formal declaration that he would contest 2011 presidential election even as a coalition of six youth groups from the North warned that it was set to use the last drop of their blood to stop the President.

Before now, the primary objective of businesses was economical, but today, the whole gamut of doing business has changed, companies now align themselves with the realities of the environment as a result of desertification and depletion of the ozone layer which have invariably affected the surface of the earths membrane.

THE federal government disclosed yesterday that a total of N1.632billion would be spent to compute each State’s Gross Domestic Product, GDP for the country, just as it said that arrangements have been concluded for the commencement of the production.

Time there was when travelling was fun. Perhaps not anymore.
As a third year student of modern languages in the University of Calabar, we needed to go abroad for a year and I was one of those who benefitted Grenoble, France as destination. So started my romance with passports, visas, tickets, planes, hotels……name it.

Alhaji Mu’azu Umar, 55, retired eight years ago as a primary school teacher in his Madawaki village in Gusau, the Zamfara State capital, and quickly embraced farming as a source of livelihood to augment his pension.

ILE-IFE in Osun State is adjudged to be the cradle of the Yoruba race and has over the years also served as a source of refuge for the Yorubas. Ile-Ife was for a long time a haven of peace until the late eighties or early nineties when communal crisis reared its ugly head in this ancient community. Since then, leaders and the government as well as various communities in Yoruba land have tried to find a lasting solution to crisis in this ancient community.

The season two of the Regal Dry Gin Slam kicks off with leading Fuji musicians Alhaji Wasiu Odetola (PASUMA) entertaining cosumers across key towns within the South-west region. The first show holds at the Cultural Centre, Kuto, Abeokuta.

Mr Emmanuel Jegede, Managing Director of Nicon Insurance Plc in this Exclusive interview with Patience Saghana for the first time opens up on the repositioning and rebranding of Nicon. Jegede says the new Nicon of is unstoppable. He also explains the reason why Nicon missed out in the 2010 federal
Excerpt

DEATH of two top security officials in two cities within two days may be a cause of concerns to the authorities but the approach to investigating them seems to suggest the killers may never be found, and their motive would remain a riddle.

The House that Apostle Hayford Alile built, the Nigerian Stock Exchange (NSE), appears to be collapsing just 10 years after his retirement from that all important institution.

The Nigerian Air Force (NAF) has paid N557 million to the Niger State government to acquire the Zuma Rock Housing Estate, situated along the Kaduna-Abuja Road beside the popular Zuma Rock, in Suleja.