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Court ‘ll force INEC to recognize us – nPDP

Court ‘ll force INEC to recognize us – nPDP

THE Abubakar Kawu Baraje-led Peoples Democratic Party, PDP, yesterday boasted that the court will force the Independent National Electoral Commission, INEC, to recognise the group as the authentic PDP and not the Alhaji Bamanga Tukur-led National Working Committee, NWC, just as it gave the Minister of the Federal Capital Territory Administration, FCTA, Senator Bala Mohammed 48 hours to reopen the sealed Adamawa State Governor’s lodge and apologise to the people of the state.

Okonjo-Iweala laments Liechtenstein’s attitude on €185m Abacha loot

Okonjo-Iweala laments Liechtenstein’s attitude on €185m Abacha loot

At the conclusion of the 2013 World Bank annual meeting, yesterday, in Washington, Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, lamented that Liechttenstein has continued to frustrate efforts by Nigeria to recover €185 million popularly called Abacha loot, after 14 years.

Taking raw eggs can cure breast cancer — Poultry Association

Taking raw eggs can cure breast cancer — Poultry Association

The Poultry Association of Nigeria, PAN, in the South West has said that researches have shown that drinking of raw eggs could reduce the risk of breast cancer in women, saying that there was no relationship between the consumption of eggs and heart diseases.

World Bank sets interim poverty target at 9% in 2020

World Bank sets interim poverty target at 9% in 2020

World Bank Group President, Jim Yong Kim, in Washington at the ongoing IMF/World Bank Group annual general meetings announced that the World Bank has set an interim target to reduce global poverty to 9 percent in 2020, which, if achieved, would mark the first time the rate has fallen into the single digit.

Oil, gas communities want derivation raised to 25%

Oil, gas communities want derivation raised to 25%

By Samuel Oyadongha Yenagoa—The Host Communities Producing Oil and Gas, HOSTCOM, of Nigeria, weekend, called for an upward review of the 13 percent derivation fund to 25 percent. The demand, it however, said, does not in any way infer a compromise to the 10 per cent Host Communities Trust Fund imputed in the Petroleum Industry […]

NAMB awaits approval on multiple branching for Unit MfBs

NAMB awaits approval on multiple branching for Unit MfBs

In line with the abolition of branches and cash centres for Unit Microfinance Banks (MfBs), the National Association of Microfinance Bank (NAMB) is awaiting the approval of recommendations of a committee set up on the matter.
Recall that the revised policy framework for Unit Microfinance banks, stipulates that it operate in one location and prohibited from having branches/cash centres.

Success of In Your Business: The Basic Guide to Starting Your Business (5)

Success of In Your Business: The Basic Guide to Starting Your Business (5)

There are many differing views on what makes someone an entrepreneur and what an entrepreneurial venture is. The term itself is believed to have originated from French, coined by a French economist, Jean-Baptiste Say, in about 1800, who defined an entrepreneur as “one who undertakes an enterprise , especially a contractor, acting as intermediary between capital and labour”. But it was first defined in English by the Irish economist Richard Cantillon, as” a term applied to the type of personality who is willing to take upon herself or himself a new venture or enterprise and accepts full responsibility for the outcome”. The definition of entrepreneur is not limited, as various writers and world renowned entrepreneurs have given it various meanings.

Of vegetable oil market segmentation and endorsements

Of vegetable oil market segmentation and endorsements

For years, the vegetable oil market was flooded with substandard and adulterated edible oil which for long had been consumed by unsuspecting consumers who unaware of the side effects, such as: obesity, hypertension, heart disease, cancer etc.

Customer First: Customer Punishment: Do you do it?

Customer First: Customer Punishment: Do you do it?

“I don’t know about you, but as a consumer, I often feel as if I’m being punished.” J. D. Power III, founder of J. D. Power and Associates, wrote those words in his foreword to the book, Satisfaction.

Customer punishment sounds like an oxymoron. It is antithetical to customer satisfaction, customer service, customer focus, customer delight and customer experience – concepts that are familiar mantras in the lexicon of relationship marketing and management. There’s even “customer astonishment” à la Darby Checketts, author and speaker. But customer punishment? Let’s explore this further.

Investment is cornerstone of development — Asemota

Investment is cornerstone of development — Asemota

I want to emphasis here that research is important, but investment is the cornerstone of development. The truth of the matter is, we have had major research contributions to the crops, not just oil palm, but oil palm more than all the others, but on the investment side as a country we have not been too fortunate.

CBN, NDIC takeover NERFUND

CBN, NDIC takeover NERFUND

The Federal Ministry of Finance has directed the Central Bank of Nigeria, CBN and Nigeria Deposit Insurance Corporation, NDIC, to take over the affairs of National Economic Reconstruction Fund, NERFUND.

NAIC to focus on FG’s agric transformation

NAIC to focus on FG’s agric transformation

BY ROSEMARY ONUOHA Newly inaugurated board members of parastatals under the Federal Ministry of Agriculture and Rural Development have been urged to add value to the operations and effectiveness of their respective agencies, in order to achieve the Agricultural Transformation Agenda of the Federal Government. Responding on behalf of the board members, Barrister Chioma Ohakim, at […]

Who should be at the national dialogue

Who should be at the national dialogue

President Goodluck Ebele Jonathan has yielded to the desire of many for a national dialogue.
Many who in the past fanned the embers of tribalism, nepotism and disunity in Nigeria have already prepared for a showdown at the national meeting. The meeting should essentially be how to remove the nation’s economy from the hands of politicians.