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Banks sign on iTeller, cheque truncation application

Banks sign on iTeller, cheque truncation application

As the Central Bank of Nigeria (CBN)’s cashless policy shifted to other parts of Nigeria, banks have further articulated their readiness to work with the CBN to replicate the cashless regime across the country.

Industrialisation: MAN seeks support of stakeholders

Industrialisation: MAN seeks support of stakeholders

Manufacturers Association of Nigeria (MAN) on Friday called on government and other stakeholders to work for the rapid industrialisation of the economy. The Chairman of MAN, Dr Michael Daramola, made the call at the Annual General Meeting of the South-West Zone of the association held at Ikogosi Warm Spring Resort in Ekiti.

2015 Presidency: Jonathan and Anenih’s homilies

2015 Presidency: Jonathan and Anenih’s homilies

THE recent celebrations of the 80th birthday of the Chairman of the Board of Trustees, BoT, of the Peoples Democratic Party, PDP and Iyasele of Esanland, Chief Anthony Anenih, have left in their trail useful lessons across the political divides, the most important being that political leaders should eschew bitterness and embrace forgiveness, which is needed to pull all men of great influence and goodwill together to work in the interest of national security, development and unity.

NAFDAC to begin herbal medicine trial

NAFDAC to begin herbal medicine trial

THE National Agency for Food and Drug Administration Control, NAFDAC, and Nigeria Institute of Pharmaceutical Research and Development, NIPRID, plan to commence limited clinical trial on some Nigerian herbal medicines used for life-threatening ailments like HIV/AIDS among others.

Obieri at 70: We trust in God

Obieri at 70: We trust in God

Dr Raymond Chukwugozie Obieri, a consummate banker who has traversed the financial sector of the economy for nearly 50 years, last weekend celebrated his 70th birthday with thanksgiving service at Our Saviour’s Church, TBS and launch of his autobiography – Testimony of Divine Grace at the MUSON Centre, Lagos. After the well attended ceremonies graced by the Living Fountain Orphanage established by the celebrant’s family and eminent Nigerians from various sectors of the economy such as Dr Alex Ekwueme, Admiral Allison Madueke, Justice George Oguntade, Chief Emeka Anyaoku, Prof. Anya O. Anya, Igwe Laz Ekwueme, Apostle Hayford Alile and Dr Joseph Sanusi among others, who showered tributes on him and urged Nigerians to emulate his virtues, Obieri spoke with journalists, saying his trust and confidence in God got him this far.

CBN as misguided Father Christmas

CBN as misguided Father Christmas

In view of the apparently ‘boundless’ funds at the disposal of Nigeria’s Central Bank for its independent interventions, observers, including the National Assembly have frowned at the proprietary and the shrouded protocol surrounding the values and the choice of beneficiaries of the apex bank’s bonanza.

Obi and his Awka developmental battles

Obi and his Awka developmental battles

I REMEMBER few years ago when Awka people, particularly the ones in Diaspora were spitting out fire, thunder and brimstone on Governor Peter Obi of Anambra State for allegedly neglecting their kingdom. They accused him of taking developmental issues that concerned Awka town unserious. I’m quite aware that some groups threatened to ‘shut down’ the […]

NUPENG urges improved security on waterways

NUPENG urges improved security on waterways

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has urged the Federal Government to beef up security on the country’s waterways. Mr Joseph Ogbebor, the Deputy-General Secretary, Operations, NUPENG, told newsmen in Benin that deploying more security personnel on the waterways would curb incessant theft of crude oil.

Local production to reduce wheat importation by 50% — Adesina

Local production to reduce wheat importation by 50% — Adesina

Minister of Agriculture and Rural Development, Dr Akinwumi Adesina, has said that the recent local wheat production in the country will reduce the importation of the commodity by 50 percent. Adesina said this in Abuja at a workshop on ‘Strengthening the Support to Agricultural Research for Development of Strategic Crops in Africa (SARD-SC).’

Forte Oil eyes offshore markets

Forte Oil eyes offshore markets

Forte Oil Plc has disclosed plans to expand its operation beyond the shores of Nigeria to other West African countries.