Liquidity is the  blood of  micro-finance banks

Liquidity is the blood of micro-finance banks

The increasing rate at which microfinance banks (MFBs) are becoming distressed, coupled with the Central Bank of Nigeria’s insistence of not bailing out any MFB have compelled the Lagos State chapter of the National Association of Microfinance Banks (NAMB) to set up a Fund to cater for MFBs’ financial needs.
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Ayobo Ipaja CDC proposes N1.3m budget

Ayobo Ipaja CDC proposes N1.3m budget

The chairman of the Ayobo Ipaja Community Development Council (CDC) in Lagos State, Elder Olushola Esan, has presented his 2010 budget to the representatives of the Community Development Associations (CDA) at the secretariat, Ayobo/Ipaja Local Council Development Area (LCDA),  for consideration. Tagged “Foundation Budget”, Esan gave the breakdown as N902,600.00 for recurrent expenditure while N405,000.00 […]

ArtHouse Contemporary’s auction kicks off tomorrow

ArtHouse Contemporary’s auction kicks off tomorrow

In the bid to maintain her lead in the evolving Nigeria’s third tier art market, the ArtHouse Contemporary, will again tomorrow, at the Lagos high profile event venue, the Civic Centre host the 4th ArtHouse Contemporary’s art auction.

Moses Iloh at 80: Unveiling the true Nigerian hero

Moses Iloh at 80: Unveiling the true Nigerian hero

Recently, and precisely February 13, 2010, Rev. (Dr) Moses Iloh, an accomplished sportsman and administrator, labour and social activist, servant of God, arts patron, philanthropist, mentor and father of many ‘adopted’ children, turned 80. Spontaneously, individuals, groups, religious bodies and those whose lives have been touched by this extra-ordinary Nigerian, jostled to be part of the organizing committee for the celebration.

The Voice of Victory : Secrets for business breakthroughs! (4)

The Voice of Victory : Secrets for business breakthroughs! (4)

By Bishop David Oyedepo Last week, I taught on four conditions you must meet before you can be guided by God. This week, as I conclude this teaching, I will show you other conditions that must be met, before you can be guided by God. By the voice of the Spirit: The Spirit of God […]

Presbyterian Church sets agenda for Jonathan

Presbyterian Church sets agenda for Jonathan

The Presbyterian Church of Nigeria (PCN) has identified seven priority projects which it wants Acting President Goodluck Jonathan to pursue with the utmost urgency in order to restore confidence in the government and put Nigeria on the track of progress and  development. These are the post-amnesty programme in the Niger Delta, the conclusion of work […]

Multinationals should stop playing  double standard –  Ekiyor

Multinationals should stop playing double standard – Ekiyor

He called on the international community to mount pressure on the multinationals to do the right thing, saying, “We all know that they know it’s not good for the government in Nigeria not to have functional refineries for the 50 years of their operation in the Niger-Delta but because it satisfies their economic goal, they allow it”.

Ethnic nationalities, civil society query loyalty of army chief

Ethnic nationalities, civil society query loyalty of army chief

By Emma Amaize A coalition of Nigerian ethnic nationalities and the civil society groups, yesterday, in The Hague, queried the loyalty of the Chief of the Army Staff, General Dambazau, following the deployment of soldiers in Abuja and movement of soldiers between Kaduna and Abuja without the knowledge of the acting president and commander-in-chief, Dr. […]

Fayose finally dumps PDP

Fayose finally dumps PDP

By GBENGA ARIYIBI, Ado Ekiti – Former governor of Ekiti State, Mr  Ayodele Fayose, formally defected to the Labour Party[ LP], yesterday, vowing  to chase  the Peoples Democratic Party(PDP) from the state in the 2011 elections. The national chairman of the LP, Mr  Dan Nwayanwu, gave Fayose a clean bill of health, saying the former […]

Don’t sell ‘blood oil’ on int’l market —N-Delta summit

Don’t sell ‘blood oil’ on int’l market —N-Delta summit

*Urges international community to make crude oil theft international crime By Emma AMAIZE, (Reporting from The Hague,) THE “Niger-Delta Peace Consolidation Conference,” held in The Hague , The Netherlands, by the Hope for the Niger-Delta Campaign (HNDC), ended, weekend, with a call on the international community to make crude oil theft an international offence, ensure […]

‘Renewable energy achievable in ten years’

‘Renewable energy achievable in ten years’

The managing director of Nigerian Export-Import Bank (NEXIM Bank), Mr. Roberts Orya, has stressed  the need for Nigeria to focus on the green economy and renewable energy in its bid to join global forces to save a world that is threatened by climate change and global warming. The managing director, who made this remark while […]