‘Why BOI gave Ogun N500m loan’

‘Why BOI gave Ogun N500m loan’

ABEOKUTA - The Bank of Industry, BOI, has explained why it offered a N500 million Industrial Development Fund to the government of Ogun State to tackle poverty, unemployment and insecurity.
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Doctor still in kidnappers’ den 4 days after

Doctor still in kidnappers’ den 4 days after

Anxiety has engulfed the family of the Medical Director, General Hospital Umuguma, Dr. Moses Amako, who was kidnapped last Thursday by armed hoodlums as he was driving home from work.

CBN and EMT fumble on Monetary Policy

CBN and EMT fumble on Monetary Policy

It is clear that CBN’s current monetary framework has expectedly failed to induce price stability, which is its core mandate, as per the 2007 CBN Act. It is clear that an MPR of 12% is relatively very high, and would predictably instigate high double-digit lending rates; that cannot stimulate economic growth.

Poly rectors urged to establish anti-corruption bodies

Poly rectors urged to establish anti-corruption bodies

ABAKALIKI – ANTI-corruption and Transparency Monitoring Unit of the National Board for Technical Education, ACTU-NBTE, weekend, called on rectors of federal polytechnics across the country to ensure that a functional anti-corruption monitoring team or unit was established in their institutions.

Ex-Daily Times workers tackle Mark over Folio

Ex-Daily Times workers tackle Mark over Folio

FOR referring to what they described as false claim by Folio Communication that the case on the sale of The Daily Times of Nigeria Plc, DTN, was still in court, ex-workers of the newspaper conglomerate are poised for a battle with Senate President, Senator David Mark.

Nigerians abroad remitted N1.7tr in 2011

Nigerians abroad remitted N1.7tr in 2011

Nigerians living abroad are estimated to have remitted home N1.727 trillion ($11 billion), the highest for any African country, says a World Bank report.