CBN releases guidelines for new banking model
LAGOS — THE Central Bank of Nigeria, CBN, has released the rules and regulation governing the implementation of the modified universal banking model which is billed to take off Monday.
In the new banking model, three classes of banks will be permitted to operate in the country. They include commercial banks, merchant banks and specialised banks.
Army send warning to criminals
The 9 Brigade of the Nigerian Army, Ikeja Cantonment, Lagos, yesterday, dared unscrupulous individuals in the state to test its capability, particularly during the yuletide season, saying it would not leave any stone unturned in carrying out its constitutional responsibility.
My boobs are my assets
Elizabeth Anjorin popularly called Lizzy has been an actress for more than nine years with notable movies to her credit.
Fresh controversy over speakership of Ekiti House
In Ekiti Assembly, no party forms the majority— there are 26 members from the two popular political parties: The ruling Action Congress of Nigeria, ACN, and the opposition Peoples Democratic Party, PDP, with equal numbers in the House. Each party had 13 members each, until recently when ACN lost one of its members following the death of Hon. Saliu Adeoti, the immediate Deputy Speaker of the House.
Etisalat to invest $2bn in Nigeria
Etisalat Nigeria , yesterday at the AfricaCom Conference in Cape Town South Africa, announced that it has set aside about $2 billion to invest in the Nigerian telecommunications market to strengthen its network operation and services.
A’Court bars PDP from conducting fresh congresses in Enugu
THE Court of Appeal sitting in Enugu, yesterday, granted an interim order restraining the Peoples Democratic Party, PDP, from conducting fresh congresses of the party in Enugu State.
De-colonisation : Amongst the believers
It was reminiscent of the anti-apartheid days when meetings were held on how best Nigerians can contribute to the liberation of that country. This time, it was a meeting of like minds under the Civil Society Forum for the Liberation of the Saharawi Arab Democratic Republic.
OOUTH on verge of collapse, says MDCAN
THE Medical and Dental Consultants Association of Nigeria, MDCAN, Ogun State Branch, has raised an alarm over the situation of things at the Olabisi Onabanjo University Teaching Hospital OOUTH, saying that “the hospital is on the verge of collapse.”
Attack on Obasanjo
OBASANJO bashers should not celebrate Monday’s attack on former President Olusegun Obasanjo at the presidential wing of the Murtala Muhammed Airport, Lagos. It does not matter how much they love to hate the man.
173,000 members dump PDP for ACN in Ebonyi
No fewer than 173,000 Peoples Democratic Party, PDP, members in Ebonyi State yesterday defected to Action Congress of Nigeria, ACN, in their pursuit for better representation in the next general election.
Uyo senatorial district and the 3rd term ambition
PROMINENT citizens, including elders, traditional rulers and political leaders in Uyo Senatorial District in Akwa Ibom State, have continued to reject any third term aspiration to the Senate by aspirants in the forthcoming 2011 elections.
