Churches well-equipped to manage schools, says cleric
UGHELLI—Bishop of the Ughelli Diocese, Anglican Communion, Delta State, Rt. Rev. Cyril Odutemu, weekend, said churches were adequately equipped to manage schools in the country.
Highbrow areas exempted from Lagos tenancy law
Property located in highbrow areas and those occupied by some commercial outfits are exempted from the operations of the recently enacted Lagos tenancy law.
Ghana, Cameroon clinch gold medals in AAG football
Ghana’s men beat South Africa 4-2 on penalties to win football gold for the first time at the All-Africa Games, after the game ended 1-1 after extra time.
GIABA seeks to curb money laundering in informal sector
The Inter-Governmental Action Group against Money Laundering in West Africa, GIABA said it is set to enlighten stakeholders in the African economy on the need to ensure a stable financial sector and ensure a reduction in the vulnerability of the informal and designated non financial businesses and professions to money laundering and terrorist financing activities.
Petroleum sector deregulation threat to naira stability-Analyst
Deregulation of the downstream oil and gas sector may likely pose a serious threat to the stability and continuous improvement in the value of the naira, says a financial analyst, Mr. Babatunde Obaniyi.
Why governments cannot create promised jobs
One of the calls I received to my letter to the Finance Minister came from London, he like, Frank, from Delta State prayed that Dr Okonjo-Iweala will listen to me. Personally, I don’t expect that to happen. It is simply un-Nigerian for a top government official to “listen to” an ordinary pen pusher on a subject they consider themselves experts.
BGL tasks NAIOCM to verify capital adequacy of insurers
BGL Plc has called on the National Insurance Commission (NAICOM) to carry out an industry wide capital adequacy verification exercise to evaluate the stability of the sector.
NGO tasks NEITI on prompt release of audit reports
An NGO, Publish What You Pay, has called on the Nigeria Extractive Industries Transparency Initiative (NEITI) to promote the extractive industry’s efficiency by promptly releasing audited reports of the industries.
Global Economic Challenges and Global Solutions
There couldn’t be a more appropriate venue for my first major speech in Washington as IMF Managing Director. More than anyone else, it was Woodrow Wilson who championed the cause of multilateralism and global fraternity.The seeds he planted bore fruit in the postwar milieu that produced the IMF and its sister organizations. For at the heart of our mandate lies a simple but powerful idea—that cooperation can bestow not only economic stability, but a better future for all.This idea has never been more important.
Ebonyi VVF Centre treats 60 more patients
ABAKALIKI-THE National Vesico Vaginal Fistula Centre in Ebonyi State weekend, treated and discharged 60 patients from South South, South East, North Central and South West geopolitical zones of the country.
PZ Cussons records N5.2BN profit
PZ Cussons Nigeria Plc has recorded N5.2 billion being profit after tax for the year ended 31st May 2011 despite the global economic challenges. Chairman of Board of Directors of the Company, Prof. Emmanuel Edozien who disclosed this at the 63rd Annual General Meeting, AGM, of the company in Calabar, Cross River State, said that the turnover of the company increased by 5 per cent from N62.7 billion last year to N65.9 billion in the year ended 2011.
