ACN bemoans bad blood in PDP presidential contest
The Action Congress of Nigeria, ACN, has expressed concern over the worsening acrimony between aspirants for the presidential ticket of the Peoples Democratic Party, PDP.
Cost of funds, exchange rate to maintain upward trend
Cost of funds in the interbank money market and exchange rate of the naira would rise further this week, says Financial Market Dealers Association of Nigeria
CBN threatens sanction as banks foot drag on offsite ATM
The Central of Nigeria (CBN) has threatened to impose severe sanction on banks for non-compliance with its directive on offsite ATM.
$10bn annual remittance by Nigerians in diaspora – Western Union
OVER $10 billion is transferred to Nigeria annually through First Bank / Western Union Money Transfer, the Isekhure of Benin, Chief Nosakhare Isekhure has disclosed in Benin.
Insurance companies’ directors, owners choke heads of management
Board of directors and shareholders of insurance companies have declined to allow chief executives of the companies to assume full executive powers to run the companies as they have clearly designated them as Managing Directors and not chief executive officers.
Africa’s three futures: Which beckons for Nigeria?
SEVERAL recent reports, especially by some prominent foreign consultancy firms, have called attention to the good economic news about Africa. In particular, those reports underline that the region has significant business opportunities.
Election debate fever
IT was a rainy day and the driver of the commercial bus was savouring the music coming out of the bus sound system. Then the music was interrupted by the presenter as he read the news of the day. But what caught the attention of most passengers was the report that the Adamu Ciroma-led PDP Northern caucus had after many days of politicking eventually picked former Vice President, Alhaji Abubakar Atiku as the consensus candidate for the North.
Police Special Road Blocks
THE festive period is special for the police. It shows in the number of roadblocks mounted to extort money and cause further inconveniences for road users.
Obalende: When bulldozers came calling
IT was an exercise reminiscent of the demolition of the chaotic Oshodi Market-cum- bus-stop in January 2009 by men of the Lagos State Task Force on Environmental and Special Offences (Enforcement Unit). It was a massive operation which sent all undesirable elements within Oshodi and environs packing and ensured the return of sanity in the area.
Fidelity Bank eyes acquisitions, growth
Nigeria’s Fidelity Bank wants to expand rapidly to become one of the country’s top three banks, growing organically and potentially through acquisitions, its chief executive said weekend.
Siasia, the media and us
A small story. Tuesday I was in the office of the NFF Deputy Secretary General Technical, Dr. Emmanuel Ikpeme with Chief Onigbinde, and Chairman Christian Chukwu when a colleague ( Journalist ) walked in.
