Lack of internal democracy causing PDP to lose ground – Olajumoke
DR Bode Olajumoke is representing Ondo North Senatorial district in the National Assembly. He is a member of the PDP Board of Trustees and chairman Senate Committee on Navy. His friends say he is blunt to a fault. He spoke on the problem PDP is facing in the South West and what is responsible for it among other burning national issues.
Stanbic IBTC, Polo Park sign N6.4bn deal for shopping mall in Enugu
Stanbic IBTC Bank Plc, a member of the Standard Bank Group has signed a US$42.68 million (N6.402bn) multi-currency medium term facility with Polo Park Development Company Limited to finance the construction of a shopping mall in Enugu, the capital city of Enugu state, South-East Nigeria. The deal was officially unveiled at a signing ceremony in Lagos recently.
Spring Bank showcases products at Lagos Fair
Spring Bank Plc delighted its customers at the just concluded Lagos International Trade Fair with a bouquet of products to showcase its strength as a foremost retail bank.
Niger Insurance to pay one for five bonus, settles N5.2bn claims
Niger Insurance Plc disclosed that its Board of Directors has proposed a bonus of one for five shares for their shareholders for the financial year ended December 31, 2010.
Down trend resumes as equities’ value drops by N21bn
Activities on the Nigerian Stock Exchange (NSE) resumed Monday, on a bearish note, as the value of listed equities’ declined by 21.23 billion, however, the market capitalisation closed at N8.079 trillion for the E’idel Kabir holiday.
Anxiety mounts over creation of IT Ministry
While the bill seeking the creation of an Information Technology ministry in Nigeria awaits the approval of the National Assembly, there appears to be growing anxiety among stakeholders who are currently pushing on how to see the bill through.
