AS NIGERIANS continue to express shock and disbelief in the ongoing probe and unearthing of the wanton corruption and unbelievable wickedness in the defunct Deferred Pension Scheme, DPS, also known Pay As You Go, PAYG, workers in the nation’s textile industry, have said the matter should not be treated as an economic crime, but a treasonable crime.

LAGOS—Former managing director of defunct Intercontinental Bank, Mr. Mamooud Alabi, has been arrested by operatives of the Special Fraud Unit, Milverton, Ikoyi, Lagos, for allegedly writing off a N9 billion loan without authorisation from the Central Bank of Nigeria.

A strategic initiative and partnership between business and the academic community has been rolled out by DN Meyer Plc, makers of DN Meyer paint products. The company has just rounded up a comprehensive paint training programme, to deliver demonstrable competence in painting and architectural beautification in tertiary schools.

About three years ago, I stood as surety for a close friend who took a loan of N2 million naira (two million naira) from a lender. By the agreement between both parties, my friend was to repay N4.5 million (four million, five hundred thousand naira) three months after.

Fidelity Bank Plc has announced a profit before tax of N7.67 billion for the 2011 financial year. This, according to a statement by the bank, announcing its year end, December 31, 2011, financial result, represents a decline of 11.3 per cent from N8.65 billion recorded in the 2010 financial year.

IT is customary to mount works of art on walls during exhibitions. But the United States Department of States smARTpower Sharing Culture presentation organized by the Public Affairs Section of the US Consulate General held in collaboration with Women and Youth Art Foundation, Ibadan last week was devoid of any such thing.

The MANUFACTURERS Association of Nigeria, MAN, has decried multiple taxation on businesses by governments in the South-East, saying the development was responsible for decline in the country’s manufacturing sector.

A presiding Magistrate in Epe Magisterial division of Lagos State, Mrs. Kikelomo Ayeye has chided the prosecuting police team over their “timidity and shoddy work” which she said has led to the escape of a traditional ruler, Oba Sikiru Odukoya, the Omola of Odomola from being punished for a willful damage of property belonging to one Mrs. Adeola Adebowale.

On Tuesday, the Chairman of the Governing Council of the National Human Rights Commission, NHRC, Dr. Chidi Odinkalu eventually met with the police investigative team at the Nigeria Police Force headquarters, Abuja over his alleged comment made at conference of the National Association of Judiciary Correspondents in Abuja on 5 March 2012 on extra-judicial killings in Nigeria.

Human costs of terrorist attacks against Nigerians and the Nigerian State, are unquantifiable, hence constitute the fulcrum of legitimate concerns for citizens who respect the dignity of the human person and sacredness of life as safeguarded in sections 33 and 34 of the Constitution of the Federal Republic of Nigeria 1999, as amended, these being curiously desacrilized.