Govs major threat to democracy, says ex-Information Minister
Jos - Former Minister of State for Information and Communication under late President Umaru Yar’Adua, Alhaji Ibrahim Nakande, has said the excesses of state governors must be checked for democracy to take a firm root in the country.
Ex-director’s ill-health stalls Atuche’s trial
LAGOS – The absence of Mr. Lekan Kasali, a former Director of Bank PHB,(now Keystone Bank), who was charged alongside former Managing Director of the bank, Mr Francis Atuche, yesterday stalled further hearing of the N7.2 billion fraud suit brought against them by the Economic and Financial Crimes Commission, EFCC.
ICPC probes N599m FCTA allocations scam
IBADAN—THE Independent Corrupt Practices and Other Related Offences Commission, ICPC, has set up a special task force to investigate alleged illegal deduction of N599 million between 2006 and 2010 from the statutory allocations of six area councils in the Federal Capital Territory, Abuja.
Transcorp first quarter income grows by 29%
Transnational Corporation of Nigeria (Transcorp) Plc has recorded a total income of N857 million in its first quarter financial performance ended March 31, 2012, representing a growth of 64 per cent from N664 million recorded in the corresponding period of 2011.
Fishing: Chinese gradually taken over Nigerian waters
The Chief Executive Officer of Fiki Marine, a subsidiary of Fiki Bal International , Mr. Taofiki Balogun, has berated the rate at which Chinese are coming to the Nigerian waters to fish at the expense of Nigerians, urging Nigerian government to explore its potential to the fullest for the benefit of the economy and its citizenry.
FISON chairman decries low fish production in Nigeria
Dr Awoteinm George, the chairman of Fisheries Society of Nigeria (FISON), Rivers chapter, has decried the low level of fish production in the country.
