Anyim, others ask Yar’Adua to address Nigerians
THE Group of Concerned Nigerians, a coalition of eminent Nigerians led by former Senate President, Chief Anyim Pius Anyim, has challenged President Umaru Yar’Adua if actually he has returned to the country as widely reported in the media, to personally address the nation clarifying issues about his absence and return.
Uncertainty over Transcorp’s $500m investment in NITEL
There is uncertainty over the fate of the $500 million invested in NITEL by Transnational Corporation (Transcorp). Vanguard investigation revealed that the federal government might not refund the money to TRANSCORP.
Monetary/Trade policy: Banks to declare executives’ compensation
The Central Bank of Nigeria, CBN, has introduced additional disclosure which banks must make in their reports to monetary authorities, shareholders, customers and the general public.
Genevieve hosts GUS celebrity showdown
ONE of Nigeria’s top Nollywood actresses, Genevieve Nnaji, weekend, emerged the host of the maiden edition of the repackaged popular reality show, ‘Gulder Ultimate Search†yearly sponsored by the Nigerian Breweries Plc.
Stakeholders want fake bullet proof vehicles probed
By Chidi Nkwopara OWERRI—Angry reactions have continued to trail the shocking discovery by Imo State Police Command that most of the Cash -In-Transit, CIT, vehicles operating in Nigeria are not bullet proof. Imo police boss, Mr. Aloysius Okorie, had in a recent test certified that only Bankers’ Warehouse vehicles are bullet proof and allowed the […]
Don’t sectionalise leadership crisis, AC warns
The Action Congress, AC, has warned individuals and groups against sectionalising or trivialising the leadership crisis currently facing Nigeria, arguing that the issues arising from the crisis are national which must be resolved through constitutional means.
Experts disagree over CBN’s appointment of auditors for banks
Experts in the Nigerian financial system have disagreed over calls for appointment of banks’ auditors by the Central Bank of Nigeria (CBN).
Fashola urges PenCom to invest in housing
The Lagos State Governor, Mr. Babatunde Fashola, has called on authorities of the National Pension Commission (PenCom) to explore the possibility of investing in housing development in the country, especially for public servants.
Ekiti govt to construct another bio-fuel refinery
Ekiti State government has flagged-off another bio-fuel project in the state with the governor, Engr. Segun Oni pledging to make Ekiti one of the few states to produce biofuel/ethanol in commercial quantity in the whole of the federation.
Senate President tasks FHA on social housing
The Senate President, Mr. David Mark, has tasked the Federal Housing Authority (FHA) on the need to embark on social housing schemes in order to accommodate the housing needs of the masses.
Developer secures $5m Shelter Afrique loan
A real estate development firm, Pentagon Real Estate Investment Limited, has been granted a loan of $5 million by the Kenya-based Shelter Afrique for housing development in Nigeria.
