BANKS in the country are beginning to experience difficulties in addressing the new and rising wave of non-performing loans in their operations, brought about by the current credit freeze and slowdown in economic activities.

Director-General, National Sports Commission (NSC), Chief Patrick Ekeji, says the commission will pursue the restoration of credibility to sports administration in the country.

Lawrence Akpokona left the Warri Stadium last night taller than his height. He lived up to his word that he would improve Warri Wolves after their not too convincing qualification for the second round of the CAF Confederation Cup. His work clearly showed in the match against Zesco of Zambia.

By Babajide Komolafe, Peter Egwuatu, Yinka Kolawole and Michael Eboh Stakeholders in the financial service sector are divided over the plan of the Central Bank of Nigeria (CBN) to replace universal banking system with niche banking – specialised, regional sector specific banking. The Senate committee on banking has accepted the concept but said the Senate […]

The rate at which companies have been relocating from Nigeria to Chana is an indication that the nation’s economy has become unattractive to businesses.

The Police, weekend, in Abuja said 41 of the 164 persons arrested for the March 7 attacks on Dogo Nahawa village by Fulani herdsmen in Jos South Local Government Area which left no fewer than 121 people including women and children dead, are to be charged with terrorism and culpable homicide punishable by death.

“Banking Reforms: Soludo Deceived Us – Mark”. The foregoing was the caption of a report on pg 15 in the Business & Economy section of the Punch Newspaper edition of Friday, 15/3/2010.

The Police, weekend, in Abuja said 41 of the 164 persons arrested for the March 7 attacks on Dogo Nahawa village by Fulani herdsmen in Jos South Local Government Area which left no fewer than 121 people including women and children dead, are to be charged with terrorism and culpable homicide punishable by death.

Even so, well over 40 million Nigerians continue to be jobless despite the recently announced figure of 29%. Unemployment, however, is only one of many reasons behind youth unrest across the country and in the Delta region in particular. Others include:

The upward trend in the equities segment is expected to continue this week, as investors continue to patronise the market due to the stability and impressive returns on investment in recent times.
A bullish trend was recorded in the capital market, last week, as the value of listed equities appreciated by N111.04 billion.