Credit to economy rise by 8.5 per cent in August
Banking system credit to the economy rose by 8.5 per cent in August, says Central Bank of Nigeria. Similarly, currency in circulation rose by 1.7 per cent N1.09 trillion. According to the monthly economic report of the apex bank for August, “At N9,329.1 billion, aggregate banking system credit (net) to the domestic economy rose by […]
SEPA asks Okorocha to withdraw from Imo guber race
The South East People’s Assembly, SEPA, has asked Owelle Rochas Okorocha to withdraw from the gubernatorial race in Imo State, saying Orlu people were precluded from the contest in 2011 and 2015 as a result of the zoning formula adopted by political leaders in the state.
Nwodo backs return ticket for performing legislators
National Chairman of the Peoples Democratic Party, PDP, Dr Okwesilieze Nwodo yesterday backed calls by some politicians including Senate President, Senator David Mark, that members of the two Houses, Senate and House of Representatives, who have “performed” in getting the dividends of democracy to the people should be given automatic tickets to return to the House in 2011 for purpose of “continuity.”
Lagos can survive without oil money, says Gov Fashola
Governor Babatunde Fashola (SAN) has disclosed that Lagos remains the only state in Nigeria that will continue to thrive and will not be affected if the country’s oil reserves are exhausted.
Edo first lady’s death, great loss -Labour minister
MINISTER of Labour and Productivity, Chief Chukwuemeka Wogu, has described the death of Edo State First Lady, Mrs. Clara Oshiomhole, as a great loss not only to Edo State but to the nation in general in view of her priceless contribution to labour struggle among others.
Aregbesola laments wastage of federal allocation by state govts
Osun State Governor, Mr Rauf Aregbesola, has expressed concern over the ease with which federally allocated funds are frittered away by some government offcials in Nigeria.
