Banks are not allowed to take excessive risks on depositors’ funds
At the just concluded IMF/World Bank Annual Meetings in Washingto, Mr. Bisi Onansanya, Group Managing Director, First Bank Plc, had a brief chat with Nigerian journalists who attended this year’s meeting of global financial egg heads. Omoh Gabriel, Business Editor was there and captured the brief chat. Excerpts of the discussions.
RE: WHERE ARE THE COINS?
A regular reader of this column, Mr. Emmanuel Ekeh, recently sent this rejoinder to our article “WHERE ARE THE COINS?” Please read on: “My dear Les Leba, Your article “where are the coins” made interesting reading. In fact, it is like you read my mind and saw the grudge in it whenever I enter the market to make some purchases with our naira currencies which have no value.
FRSC prosecutes 50 traffic offenders in Imo
More than 50 traffic offenders have been prosecuted by Imo State Command of the Federal Road Safety Corps, FRSC, Owerri, for violating traffic laws across the state.
We’ve improved professional ethics of estate surveyors – Ovesour
Having improved the professional ethics, eliminating quacks and increasing the coffers of the Nigerian Institute of Estate Surveyors and Valuers (NIESV), the Chairman Lagos State chapter, Mr Elias Ovesour, in a recent chat with Dotun Ibiwoye stressed that deviating from the norm, a change in the value system, right leadership and focus on infrastructural development can upgrade any organization and the Nigerian econom
Stock market capitalisation, index appreciate by 3.13%
The indicators for measuring the market performance, the market capitalisation and the All share index appreciated last week by 3.13 per cent each.
Kidnapping: JTF appeals to Aba residents for cooperation
The General Officer Commanding, GOC, 82 Division of the Nigeria Army, Enugu, and leader of the joint military task force deployed to Abia State to wipe out kidnappers and other criminals, Major-General Sarikin Yaki Bello, has appealed to Aba residents and the city’s business community to cooperate with his men who are now in the state to restore sanity in Aba and its environs.
Lawmakerwants FG to takeover Anambra road
A MEMBER of the House of Representatives, Chief Chukwuka Onyema, has appealed to the federal government to take over Onitsha-Atani-Ogwu Ikpele-Rivers State border road currently being handled by Anambra State government because of its importance to the economy of the area
Grasscutter farming can reduce unemployment
The rising unemployment rate can be curtailed if Nigeria and Nigerians are willing to go back to farming, which was the country’s mainstay prior to the discovery of oil in 1956 at Oloibiri, Bayelsa State.
Obi seeks FG’s support to rebuild Onitsha
Governor Peter Obi of Anambra State has called on the Federal Government to support the state in rebuilding the commercial city of Onitsha to the status of a model city in Africa .
Police disrupts Edo PDP faction’s press conference
FOR the second time in one week, the Police in Edo State, weekend in Benin, disrupted a press conference scheduled to be addressed by the Dr. Samuel Ogbemudia and the Admiral Okhai Akhigbe faction of the Peoples Democratic Party, PDP, at its secretariat situated at 42 Siluko Road.
Osayomi fails drug test
He said that Nigeria would make a strong case for the athlete, with a view of keeping the 100m gold she won, after Australia’s Sally Pearson was disqualified for false starting. Osayomi ran the women 200m semi_final yesterday, but she failed to qualify for the final.
