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CBN to extend Islamic banking to other financial sectors

CBN to extend Islamic banking to other financial sectors

THE Central Bank of Nigeria, CBN, said that plans are underway to extend the non-interest banking or Islamic banking principles to non-banking financial services. Some non-bank financial institutions, such as insurance companies, fund managers stockbroking firms have already introduced to the market products designed after the Islamic banking model.

Julianah, Obey’s wife to be buried today

Julianah, Obey’s wife to be buried today

TWENTY days after the burial of the Lady of songs, Chief (Mrs.) Christy Essien-Igbokwe, the entertainment industry and indeed the nation will again bid farewell to the wife of Juju musician-turned-evangelist, Dr. Ebenezer Obey Fabiyi, Lady Evangelist Juliana Olaide Obey-Fabiyi, who died on Tuesday, August 23, 2011.

Duties of a Muslim to another

Duties of a Muslim to another

Any time I read any of the quotes of Prophet Muhammad, the feeling of satisfaction of being a Muslim and having a great leader as Prophet Muhammad (s.a.w) resonate in me. Islam through Quran and hadiths has every solution for man, for peaceful co_existence, development, and gaining the hereafter.

Fraud: NUBIFIE suspends top officials

Fraud: NUBIFIE suspends top officials

NATIONAL Union of Banks, Insurance and Financial Institutions Employees, NUBIFIE, has suspended its President and Treasurer, Mr Ade Martin Odigie and Mr Peter Ighegue, over alleged financial recklessness and other unethical practices.

Poverty and the paucity of good public policies

Poverty and the paucity of good public policies

Another year has passed since Nigeria celebrated fifty years of Independence with fanfare. A year after that event, nothing spectacular has happened except the general elections including the presidential one whose result is still subject of litigation. Of course, the Boko Haram bombs are still a sad reminder of dreadful general insecurity in the country.

Truth Commission not to witch-hunt Daniel-Amosun

Truth Commission not to witch-hunt Daniel-Amosun

Abeokuta- Governor Ibikunle Amosun of Ogun has dismissed allegations that the Truth Commission inaugurated by his administration is meant to witch-hunt members of the opposition.

Enugu PDP LG primaries free, fair- Aninri Council boss

Enugu PDP LG primaries free, fair- Aninri Council boss

INCUMBENT Chairman of Aninri Local Government Area of Enugu State, Chief Mathias Ekweremadu, has lashed out at those alleging imposition of candidates by the ruling Peoples Democratic Party, PDP, in the recent primaries for the December council polls, saying the election was free , fair, and transparent in his area.

Anambra high court rakes in N9m

Anambra high court rakes in N9m

ONITSHA- Anambra State High Court has raked in N9million from legal fees between 2010 and June 3 this year.

Nnenna bags LASU award

Nnenna bags LASU award

The host of the popular TV show Nnena and Friends, Miss Olukunga Olayinka, has been honored with the highly coveted Lagos State University (LASU) Ambassador Award.

Ohanaeze demands additional state for South-East

Ohanaeze demands additional state for South-East

ABAKALIKI- President-General, Ohanaeze Ndigbo, Ambassador Raph Uwechue, has called on the Federal Government to create an additional state for the South-East geopolitical zone.

Ecotourism and livelihoods in developing countries

Ecotourism and livelihoods in developing countries

TOURISM has demonstrated resiliency in the face of the global economic downturn. Globally, the tourism industry generated more than $1 trillion in 2010, according to the World Tourism Organization (WTO). And the share of tourism in developing countries is steadily rising, up from 31% in 1990 to 47% in 2010.

The disabuse of honourary degrees

The disabuse of honourary degrees

THE world over, a newspaper editorial represents the official position or sentiment of a particular news medium on societal issues. In other climes, where ownership allows the observance of standard editorial policies, the commentary could be read with devotional commitment. Of course, it is expected to be well-researched; hence, an informed commentary. But in today’s Nigeria, newspaper viewpoints have been trivialised; an indication that all is not well with the society.