Banks to be fully capitalised by Sept end – CBN
Central Bank of Nigeria Governor, Mr. Lamido Sanusi, yesterday, in Washington DC, said by the end of this month, all banks would have been fully capitalised and that non-performing loans of all banks would be reduced to five per cent due to the intervention of Asset Management Company of Nigeria AMCON.
Global financial system risks escalates
International Monetary Fund, IMF, has said the global financial stability risks have risen sharply in recent months, as slower economic growth, market turbulence in Europe, and the credit downgrade of the United States have weighed on the global financial system.
Akala carpets Ajimobi over Tinubu’s solidarity trip
Immediate past governor of Oyo State, Otunba Adebayo Alao- Akala has faulted Governor Abiola Ajimobi’s trip to Abuja Wednesday to show support for the Action Congress of Nigeria’s, ACN, national leader and former Lagos State governor, Asiwaju Bola Tinubu who was docked by the Code of Conduct Bureau.
Ajimobi arrests newspaper vendors, others during sanitation
Ten persons including five newspaper vendors were, Thursday, arrested by Governor Abiola Ajimobi of Oyo State during the weekly environmental sanitation for violating the sanitation exercise.
Labour leaders in Imo vow to continue strike
Leaders of labour unions in Imo State have vowed not to call off the current indefinite industrial action in the state until the Rochas Okorocha administration accepts to fully implement the N18,000 minimum wage.
NFF topshots recall FA Cup sweet memories
Top football administrators in the country have been reliving great memories of the Federation Cup (formerly Football Association Cup), which 66th grand finale will hold in the nation’s commercial and and industrial capital, Lagos on Sunday.
Kogi: PDP holds guber primary amidst tight
IN adherence to the decision of the National leadership of the Peoples Democratic Party, PDP, the Kogi State chapter of the party yesterday conducted its primary election to get its candidate for the December 3, 2011 gubernatorial election, just as it was held amidst very tight security.
How FilmHouse accessed $200,000 intervention fund
The much talked about $200 million intervention fund for the entertainment industry which has dominated discourse in the industry since its release late last year by President Goodluck Jonathan-led administration is on course.
Activist faults Uduaghan on Udu community
A Delta State activist, Chief Francis Atanome-yovwi, has faulted Governor Emmanuel Uduaghan’s com-ment that Udu community was not his priority.
Ikole monarch calls for relocation of Fed varsity
The controversy surrounding the location of the Federal University between the two communities of Ikole and Oye in Ekiti State is not yet over as a first class monarch and Elekole of Ikole Ekiti, Oba Aibade Adewumi Fasiku, has called for the sitting of the administrative block of the institution in his domain.
35 students bag awards
Thirty five students have bagged awards at the first Apapa District Superintendent’s Essay Competition for excellence in essay writing. The competition organised by the Apapa District Superintendent of Assemblies of God Church, Rev. M. Ogunbola and Mr. Uche Udungwor, was hosted by the church to address the reading culture, which he noted was becoming extinct.
