Is your bank in trouble? Act before it goes down
“When an old man dies, you lose a library,” according to an old adage. Having survived all odds to reach the age of 69, in a country where life expectancy is still under 52 years, it might not be too presumptuous to call myself “an old man.” Not just an old man, but one who actively attempts to document historical landmarks in the management of our national economy.
Investment in agricultural research has gone down – Akinbamijo
Dr Yemi Akinbamijo has an agriculture background with specialization in animal production. As an agricultural expert who has served in various capacities over the last 28 years, he is solidly plugged-in on agricultural development issues in Africa.
NES to open agric sector for more investment – Shamsuddeen
The 19th edition of the Nigeria Economic summit (NES 19) will open up the agricultural sector for increased foreign and domestic investment. Minister for National Planning/Deputy Chairman, National Planning Commission (NPC), Dr. Shamsuddeen Usman stated this at a press conference to announce the summit.
‘Financial inclusion: Low awareness characterises mobile money services’
*Teenagers, young people show higher interest..
The target of monetary authorities to attract the unbanked into the banking system and other cashless initiative introduced by the Central Bank of Nigeria, CBN, in the banking sector is yet to gain momentum.
Eaglets know World Cup foes today
Three-time champions, the Golden Eaglets will today in Abu Dbahi know their group opponents at the FIFA U-17 World Cup, scheduled to kick-off October 17 in the United Arab Emirates.
Tapgun blames PDP crisis on bad leadership
Jos—Former Plateau State governor, Ambassador Fidelis Tapgun, has blamed the habit of running the affairs of the People’s Democratic Party, PDP, as a personal empire for the crisis within the party.
‘Embracing diversity critical for finance leaders’
Leaders in the field of finance must embrace diversity in order to remain competitive in the global economy. Global Chief Executive Officer, Association of Chartered and Certified Accountants (ACCA), Helen Brown said this in Lagos while speaking at ‘Women in Finance’ conference organised by ACCA Nigeria.
Okocha denies SANs’ support for Rivers acting CJ
FOrmer President of Nigerian Bar Association, NBA, Chief O.C.J Okocha, SAN, has denied the reports that Senior Advocates of Nigeria, SANs, in Rivers State, supported the appointment of Justice Peter Agumagu as acting Chief Judge of Rivers State.
E-learning is cost-effective – Amed Demirhan
Mr Amed Demirhan is the Director of Library Services at the American University of Nigeria (AUN) in Yola. In 2006, he started the first digital library in the University of Kurdistan, Iraq. In November 2011, he moved to AUN as Director of Library Services where he has transformed the library from a traditional library to a digital library and now, AUN is about to unveil its new smart library, all in a bid to go green and make education cheaper.
Lagos Int’l T/Tennis Classics: Battle for N6.5m prize money begins
The battle for the N6-5m at stake in the first Lagos International Table Tennis Classics begins today at Molade Okoya-Thomas Hall of Teslim Balogun Stadium in Lagos.
FMBN disburses 43% of approved NHF loans
Federal Mortgage Bank of Nigeria (FMBN) has so far disbursed N39 billion out of about N90 billion that has been approved, representing just over 43 percent; while out of the N110 billion approves as estate development loan (EDL), only N62 billion representing about 53 percent have been disbursed.
FAAN MD deserves merit award – Aviation Minister
The Minister of Aviation, Princess Stella Oduah, has said that the Managing Director of the Federal Airports Authority of Nigeria, Mr. George Uriesi, deserved the National Productivity Order of Merit, NPOM, award bestowed on him and 19 other distinguished Nigerians by President Goodluck Jonathan recently in Abuja.
Nigeria’s revenues tumble 42 % in July due to oil outages
Nigeria’s revenues plunged by 42 per cent in July due to oil theft and production outages, the accountant general said on Friday, underscoring how oil theft is damaging public finances this year. State revenues fell to N498 billion, the lowest monthly earnings this year and down from 863 billion naira in June. Oil theft has cut government earnings in several months this year, and by more than last year, and July was particularly badly hit.
Berger Paints N543m rights issue opens
The Berger Paints’ 72.5 million ordinary issues of 50k per share at N7.50 to its existing shareholders has opened across the country following the completion board meeting held in Lagos recently.
Hole-in-heart baby seeks N2.5m for corrective surgery
THE only thing standing between 14-month-old Temiloluwa Ojebode and a happy healthy life, is N2.5 million to undergo a crucial corrective heart surgery in an Indian hospital.
Okonjo-Iweala perplexed by high interest rates
“The first thing I have to say is that we have a central bank that is autonomous and it is the best practice to make these decisions. We may not be happy about it and I am bold to say we are not happy about high interest rates! As I said before, it is tough for our entrepreneurs to function. Even before the withdrawal of this liquidity, they were already charging over 20% interest rates and I think that is alarming. …we need to interrogate why. Structurally, what is the issue? And we are not willing to ask our banks that question.
