The controversial nationalized banks have taken a twist with the court restraining the Central Bank of Nigeria (CBN), Nigerian Deposit Insurance Corporation(NDIC) and Asset Management Company of Nigeria (AMCON) from dealing on the assets of the affected banks.

For ages, especially since the once prosperous Nigeria Airways sank into oblivion, Nigerian air travellers to foreign countries have routinely suffered untold hardship in the hands of foreign airlines.

There is need for holistic and collaborative solution to drive trade in Nigeria, says Oti Ikomi, Keystone Bank Chief Executive Officer.

When the Federal Government early this year approved N30.066 billion for the take off of the National Identity Management Commission, there was uproar across the country. Even in the newsrooms of most media houses in the country, there was a serious debate as to the desirability of another National Identity card.

The Association of Issuing Houses of Nigeria, AIHN, said it has entered into discussions with regulators in the capital and financial markets on ways to reducing the huge debt burden of capital market operators.

LAGOS – An Ebute Metta Magistrate’s Court, Lagos, has ordered the remand of a police officer, Wasiu Adesina, in prison custody, pending advice from Director of Public Prosecution, DPP, following the charge of alleged killing of an Ikorodu chief brought against him.

LAGOS -Associate Parish Priest of Holy Family Catholic Church, Festac Town, Lagos, Rev. Fr. Julius Olaitan, has lamented wide spread poverty in the country, saying this was due to misrule, deliberate plundering of the resources of the nation and the violations of the rights of majority by few Nigerians and their foreign collaborators.

MINISTER of Works, Mr. Mike Onolememen, has directed the contractor handling the reconstruction of the Onitsha-Awka-Enugu Expressway to accelerate work on the gully erosion site that devastated the Omagba axis of the road to ease traffic in the area during the Christmas season.

WIFE of Ebonyi State governor, Mrs. Josephine Elechi, weekend called on the National Assembly and other stakeholders in judicial arm of government to provide stringent punishment for rapists in the country.

Nigeria Olympic team were welcomed by cold weather and rain showers on arrival in Casablanca, Morocco, by 10.30am local time Saturday ahead of the forthcoming Africa U23 Championship.

Honeywell Flour Mills Plc said it is targeting a 60 per cent increase in its production capacity, aimed at boosting its share of the country’s flour milling market.

The Central Bank of Nigeria (CBN) has restated that the dream for a significant reduction in the quantum of complaints in the banking industry can only be combated if the zero- tolerance measure can be adopted.

LAGOS – MARITIME Workers Union of Nigeria, MWUN, weekend, raised alarm over plot by some persons within the maritime sector to destabilise the sector, starting from Nigerian Maritime Administration and Safety Agency, NIMASA, and vowed to expose those involved, if they continued in their nefarious activities.

The Vaswani brothers, owners of Stallion Group, have welcomed investigations by the House of Representatives into the alleged N50 billion duty waivers on rice imported by them.

National Insurance Commission (NAICOM) may be fighting the course of the entire insurance industry in making the industry relevant in government policy formulations with a lone voice as over 90 percent of insurance practitioners shunned the just concluded 17th Nigerian Economic Summit.