DANA Crash: NAAPE implores Nigeria’s travelling public not to panic
President of the National Association of Aircraft Pilots and Engineers (NAAPE), Comrade David Isaac Balami has implored Nigerian travelling public not to panic and stop to fly saying that the country would soon get over the DANA crash.
We bought performing loans from banks to save them from collapsing – AMCON
At the height of the financial crisis that rocked the global economy in 2008, Central Bank of Nigeria pressed for the realisation of the Asset Management Corporation of Nigeria which had been in the pipeline for years. The company was set up to buy non performing loans from banks. It has performed the function to some extent, but there are still issues in the financial services sector to be resolved. Managing Director of the company, Mr. Mustapha Chike-Obi spoke to Financial Vanguard on some of the issues. Excerpts
Anenih commends Benin monarch over Igbinedion’s pardon
FORMER Chairman, Board of Trustees, BoT, of Peoples Democratic Party, PDP, Chief Tony Anenih, yesterday, described the lifting of the four-year old suspension on the Esama of Benin, Chief Gabriel Igbinedion by the Oba of Benin, Omo N’Oba N’Edo Uku Akpolokpolo, Oba Erediauwa, as timely for PDP.
Police recover 41 arms, arrest 81 robbery suspects in Enugu
ENUGU – THE Enugu State Police Command said weekend that it recovered 46 firearms and arrested 81 armed robbery suspects within the last three months.
CBN shouldn’t be subjected to legislative or executive control – Gowon
Former Head of State, Genral Yakubu Gowon has risen in defense of the autonomy of the Central Bank of Nigeria (CBN) saying the apex bank should not be subjected to legislative or executive control.
Nigeria needs sustainable food production facility – Netherlands envoy
The Netherlands high commissioner to Nigeria, Mr Bert Ronhaar has called for a sustainable food production facility in relation to the increased need for good food production worldwide.
