Read Jonathan’s Independence Day Address
Today marks 53 years of our Independence as a nation. First and foremost, I would like to say congratulations to us all. Through thick and thin, we have built this country together. Through triumphs and trials, we have developed a Nigerian identity in our own way.
Ford Global Week of Caring
Foremost Ford dealer, Coscharis Motors has put smiles on the faces of orphans at the Arrow of God Orphanage Home, Ajah, Lagos, by donating 50 bags of rice and undisclosed amount of money to mark the Ford Global Week of Caring in Nigeria.
Jonathan hands over PHCN to new owners amidst workers’ protest
After months of planning, President Gooduck Jonathan, yesterday, formally handed over the unbundled Power Holdings Company of Nigeria, PHCN, to private organisations that bought it, with a pledge that they would take over the companies without any liabilities.
Flood threat: Residents send S.O.S to Fashola
AS Lagos State Government continues the massive reconstruction of drainage channels across the state, aimed at reducing incidents of flooding, residents of Agbado-Oke-odo Local Council Development Area, LCDA, have appealed to Governor Babatunde Fashola, to save them from impending danger being posed by a damaged link bridge in the community.
Regulators should stop punishing investors for the sins of operators
It used to be the norm in the banking industry until 2007, when the Central Bank of Nigeria and Nigeria Deposit Insurance Corporation (NDIC) used the Purchase and Assumption model for the resolution of problem in banks that lost their operating licence due to inability to meet the N25 billion new minimum capital base. Before then, whenever the CBN revoked the licence of a bank, depositors suffer.
Chevron commissions GMoU projects in Egbema-Gbaramatu
The NNPC/Chevron Joint venture, has commissioned more community projects valued at over N140 million in some communities constituting the Egbema-Gbaramatu Community Development Foundation (EGCDF).
