Presidency wades into unpaid subsidy palaver
THERE are indications that the Presidency may have decided to wade into the controversy surrounding the Petroleum Subsidy Fund, PSF, overseen by the Ministry of Finance in the wake of allegations of massive fraud which bedeviled the scheme.
CBN grants FirstRand, First Discount merchant banking licence
Central Bank of Nigeria, CBN, has granted merchant banking license to South African FirstRand and First Discount House Limited, saying the nation’s external reserves has risen further to $46 billion.
Eko 2012: Team Delta arrives, vows to reclaim top spot
The most decorated team in the last two decades of the National Sports Festival, Team Delta, yesterday arrived Lagos in style for the 18th National Sports Festival, with a vow to reclaim the title they lost to Team Rivers at the last edition of the nation’s foremost multi-sports competition.
Syrian conundrum and the UN
ON August 5, 2012, thirty three miners got trapped in the bowels of the earth, some 700 meters (2,300ft) from the surface.
A million Naira for festival gold
In the next two weeks Lagos, host of the first and second National Sports Festivals in 1973 and 1975, will be the focus of Nigeria’s sports attention as all the states of the federation and Abuja run, jump, kick lift, swim and throw all in search of glory for their states.
Ogun police recover N6m stolen from ATM, arrest 5
Ogun State Police Command said it had arrested five suspects and recovered a sum of N6 million from a gang of armed robbers that attacked a new generation bank in Sagamu town of Ogun State.
