Four rescued banks to sign MoU on re-capitalisation
Four of the nine banks rescued in a $4 billion bailout two years ago are expected to sign agreements with new investors over recapitalisation this month, Central Bank Governor Lamido Sanusi said, Wednesday
Geo-Fluids pledges better returns to shareholders
Shareholders of Geo-Fluids Plc have been promised of better returns in the years’ ahead, as the company’s second quarter 2010 financial looks promising.
Bank stocks excite investors as indices shed 0.40%
Investors in the stock market have continued to increase their demand for the shares of banks as volume of shares traded in the banking sector on Tuesday surpassed other sub-sectors on the sectorial analysis.
National Assembly out to protect own interests
Chief Solo Eghobamien, is an Edo State, based legal practitioner and was called to the Bar, some 40 years ago. In this interview, he reviewed the political situations in the country and regretted that the National Assembly had passed laws that would only protect their interests, abandoning the ordinary masses they were elected to serve. He also spoke on the on-going voters registration and other national issues.
Power privatisation: Investors confidence excites BPE
The Bureau of Public Enterprises (BPE) says it is encouraged by strong interest shown by investors on the proposed sale of electricity distribution companies and power stations in Nigeria.
Carpenter gets N100,000 bail for stealing
Ado-Ekiti,- An Ado-Ekiti Magistrate on Tuesday granted bail to a carpenter, Odunayo Abiodun, in the sum of N100,000 for allegedly stealing the sum of N15,000. Reports have it that Abiodun, 36, was accused of stealing the said amount, a Nokia phone valued at N9,000 and a T-shirt worth N1,500 from one Mr Ajibade Sola at […]
Lagos FA unveils blueprint for soccer development
The Lagos State Football Association (LSFA) on Tuesday rolled out its blueprint for soccer development, saying it would streamline football administration in the state.
AD dissociates self from Abuja convention
Lagos – The Alliance for Democracy (AD) on Tuesday in Lagos dissociated itself from a recent national convention and primaries of the party held in Abuja.
World bank lauds progress on Nigerian power sector
The World Bank says it is satisfied with the progress recorded in the Nigeria’s power sector, six months after the launch of the roadmap.
Corps members didn’t steal DDC machines – Tsiga
Brig-Gen. Maharazu Tsiga, the Director-General of NYSC, said the two corps members arrested in Zamfara for allegedly diverting DDC machines were not involved in the act.
Gunmen kill DSP, 6-year-old girl in Maiduguri
The mystery gunmen in Borno struck again on Tuesday, killing a deputy superintendant of police and a six-year-old girl in Maiduguri.
