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BATTLE OF TWO TRUTH BENDERS:  Okonjo-Iweala and Soludo – 4

BATTLE OF TWO TRUTH BENDERS: Okonjo-Iweala and Soludo – 4

Con-SOLUDO-tion created no additional jobs in the banking sector. On the contrary, it led to massive retrenchments. It is quite possible that Soludo no longer goes to the banking hall himself. Otherwise, if he had a favourite bank in 2004 and still visits that bank today, he would know how many people had been sacked. Since OCEANIC, BankPHB and Intercontinental banks, among others, were taken over by the survivors of the “Con-SOLUDO-tion calamity, hundreds of their branches had been closed.

CBN, IFC to establish NCR to stabilize MSME financing

CBN, IFC to establish NCR to stabilize MSME financing

The Central Bank of Nigeria, CBN, in collaboration with the International Finance Corporation, IFC will in June 2015 establish a national collateral Registry, NCR to stabilize Micro Small and Medium Enterprise, MSME financing in Nigeria. The establishment of NCR is to boost the confidence of Nigerian banks in playing active role in financing the MSME sector in Nigeria.

Large turnout as postponed elections hold in Delta LG

Large turnout as postponed elections hold in Delta LG

AS Nigerians await the results of Saturday’s Presidential and National Assembly elections, the polls were, yesterday held in Udu Local Government Area of Delta State, even though voting materials arrived late in the area.

Oshiomhole threatens to drag Army before ICC

Oshiomhole threatens to drag Army before ICC

GOVERNOR Adams Oshiomhole of Edo State has petitioned the Commander of the 4 Brigade Headquarters of the Nigerian Army in Benin City, Brig-Gen. Olajide Laleye, complaining of what he described as illegal deployment of soldiers in Owan federal constituency and other parts of Edo North senatorial district by one Lt-Colonel Abiodun Uwadia (rtd), Special Adviser to President Goodluck Jonathan, during Saturday’s National Assembly and Presidential elections in Edo State.

Who will fix the economy?

Who will fix the economy?

Certainly the great challenge facing Nigeria today is that of leadership. Leadership at all levels, in government, public sector institutions and businesses run by Nigerians lack effective leadership. Most are there either by chance or through godfatherism.

Financial institution tasked to develop products to maintain competitive edge

Financial institution tasked to develop products to maintain competitive edge

A professor of Accountancy, Ben Osisioma has charged the financial services sector to develop products and show financial leadership in order to maintain competitive edge in the industry as well as drive productivity and sustainable growth. He gave the charge while delivering a lecture at the induction of United Bank for Africa, UBA top management into the Nigeria Institute of Management, NIM, in Lagos.