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MfBs need more financial empowerment — Oketikun

The Managing Director, Fortis Micofinance Bank Plc, Mr. Kunle Oketikun has called for more financial empowerment for Nigerians. This is following a breakdown of EFInA’s report, showing that out of 84.7 million Nigerian adults and only 15.9 million individuals in Nigeria borrowed money in the last 12 months and only 7.9 million of individuals who borrowed money used it for business purposes. In this interview with PROVIDENCE OBUH, he said, “With about 900 Microfinance Banks (MfBs) 22 Commercial Banks, and other financial institutions, there is a need for all stakeholders to do more and empower more people.”

Why state governments cannot pay

Governor Uduaghan earned my respect during his first term when he boldly warned his people about preparing for a future Delta State without oil. It was almost sacrilegious. Who ever wanted to contemplate such a future with so much oil still in the ground to be lifted? Even the Governors Commissioners, who clapped with gusto, were skeptical about such a prospect. Nationally, the Governor might as well have been talking to cows – for all the attention he received. Nigerians have demonstrated that if there is anything they don’t want to think about, it is a future without oil – because it will require a vast amount of effort to build such a future.

Going to Brazil via Addis Ababa

The fever is on.World Cup fever. This week, ten countries in Africa will be involved in preparations that will lead towards their picking the five tickets allocated to Africa for the Brazil 2014 World Cup.

Nwabueze opts out of National Conference, nominates Asemota

National Chairman of The Patriots, Professor Ben Nwabueze, SAN, has written President Goodluck Jonathan, asking to be excused from the 13-man Presidential Advisory Committee on National Dialogue, which will be inaugurated today.

Customer Service: Let’s Think Service

The Customer Service Week (CSW) is here! You probably know that the first full week in October is celebrated as the Customer Service Week in a number of countries. It’s a time to beam the spotlight on customer service issues and appreciate those who serve customers. Ever since the International Customer Service Association (ICSA) came up with the idea of a customer service week, the celebration has gained acceptance across the globe. In 1992, the US Congress formally recognized it as a national celebration.

Why I agreed to settle out of court —Suntai

Ailing Governor Danbaba Suntai of Taraba State, yesterday, explained why he agreed to withdraw the court action he instituted against the Speaker and members of the Taraba State House of Assembly for refusing to allow him to resume duties as Governor after his return from medical treatment abroad.

Guess who is dollarising the economy

Any patron of Bureau de Change may find that a difference of about N10 per dollar now exists between the official rates of N155 per dollar ex-Central Bank, and about N165/dollar in the open market. This is in place of the permitted 1 per cent markup officially allowed to commercial banks on dollar purchases ex-CBN.

Tackling e-payment challenges demands holistic approach — Bankole

Bankole Cardoso is the Managing Director of one of Nigeria’s fastest growing e-commerce firm; EasyTaxi while his colleague, Marek Zmyslowski is the Managing Director, Jovago.com, an online company specialized in hotel booking. In this interaction with Jonah Nwokpoku, they argue that with increasing challenges of e-payments for online companies in Nigeria, strategic approach is required to stem the tide.

Emerhor condemns attack on Aguariavwodo, PDP campaign team

All Progressives Congress, APC, candidate in the October 12 by-election in Delta Central senatorial district, Delta State, Olorogun O’tega Emerhor, has condemned the action of the gunmen, who, weekend, held Peoples Democratic Party, PDP, senatorial candidate, Chief Emmanuel Aguariavwodo, and other party chieftains hostage in Kokori.

DABRA: Rewarding excellence in business reporting

It’s instructive when businesses want to guarantee long-term success they must ensure the success of their operating environment. Diageo, represented by Guinness Nigeria, is a company that seems to take its role in adding value to the society seriously.

Resign now, G7 govs, Baraje tell Tukur

THE Abubakar Kawu Baraje-led new Peoples Democratic Party, PDP, has said that if peace must return to the family of the party, the national chairman, Alhaji Bamanga Tukur must as a matter of urgency resign and the factional chairman, Baraje should immediately step into his shoes to run the affairs of the party.

Imperatives of a sovereign national confab (2)

THE leadership tussle for control of Western region between Chiefs Obafemi Awolowo and Samuel Akintola in the First Republic, had metamorphosed into an unprecedented catastrophic dimension.

Re- time to ponder (2)

IN 1947, Ali Jinnah established a sovereign state for Muslims and called it Pakistan. This bold action led to tremendous economic and technological breakthrough for India, as today India produces aircraft and is one of the major exporters of computers as well as a leading nation in the field of Mathematics.

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