Igbo presidency not negotiable – Achuzia
Retired Col. Joe Achuzia, President-General of Igbozurume, an Igbo socio-political organisation, said, yesterday, that Igbo presidency after the tenure of President Goodluck Jonathan was not negotiable.
Cost control lifts Lafarge WAPCO half-year profit to N12.1bn
Lafarge Cement WAPCO Nigeria Plc has announced a Profit Before Tax (PBT) of N12.1billion for the half year ended June 30, 2012, a situation attributed to reduction in cost control initiatives. The PBT grew by 162 per cent when compared to N4.6billion recorded for the corresponding period in 2011.
Air safety: ICAO rates Nigeria high
International Civil Aviation Organisation, ICAO, has rated Nigeria high on safety on its aviation industry and the safety oversight supervised by the Nigerian Civil Aviation Authority, NCAA.
‘Why Mimiko is investing in agriculture’ – Akinmade
Ondo state government says its investment in agriculture is based on the belief that neglect of the sector is a call for food and economic insecurity and ultimately poverty.
Mastecard, SEEP commit $8m to microfinance associations
The MasterCard Foundation and the SEEP Network has signed a $7.6 million, four-year partnership, with a view to further strengthen and develop the capacity of microfinance industry associations in sub-Saharan Africa.
Banks’ lending rate set for unprecedented rise – Expert
The cost of borrowing from Nigerian banks will witness further increase by at least five per cent following the recent increase of Cash Reserve Ratio (CRR) by 400 basis points by the Central Bank of Nigeria (CBN) in its last Monetary Policy Committee (MPC) meeting, the Managing Director, Financial Derivatives Company, FDC, Mr. Bismark Rewane, has said.
