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LCCI seeks to protect bank debtors

LCCI seeks to protect bank debtors

Lagos—In a move to possibly prevent the publication of names of chronic bank debtors in national dailies as directed by the apex bank, the Lagos Chamber of Commerce and Industry, LCCI, yesterday, cautioned against the move.

Group reports oil leak from Shell’s  Adibawa Oil Well 8

Group reports oil leak from Shell’s Adibawa Oil Well 8

YENAGOA- Environmental Rights Action/Friends of the Earth, Nigeria, ERA/FoEN, an environmental pressure group has reported that there is an ongoing oil leak from Shell’s Adibawa Well 8 in Edagberi community of Rivers State.

People deserve the Coach they hire

People deserve the Coach they hire

NIGERIA is a reservoir of skillful footballers. From Thunder Balogun to Haruna Ilerika, Inua Rigogo to Emmanuel Okala, Tony Igwe (World Two) to Chairman Christian Chukwu (CCC) Sanni Mohammed to Muda Lawal, Kanu Nwankwo to Jay Jay Okocha, Nigeria produced them all.

Bayelsa govt moves to meet financial  obligations

Bayelsa govt moves to meet financial obligations

YENAGOA—Bayelsa State government says it is reworking its financial management strategies to cushion the adverse effects of the shortfalls from the Federation Account to the state, due to dwindling oil prices at the international market.

‘Foreign exchange risk impacting negatively on FDI’

‘Foreign exchange risk impacting negatively on FDI’

Investors in capital market appears to be facing more headwinds in the weeks ahead as key factors that led to recent market declines are stiffening. The key factors are foreign portfolio investor’s (FPI) apathy and weak corporate earnings.

Nigeria loses $200m annually in untapped traditional medicine  — Esuleke

Nigeria loses $200m annually in untapped traditional medicine — Esuleke

The Chairman, Traditional Medicine Council of Osun state, Chief Idowu Omokayode Esuleke, has said that Nigeria loses about $200 million in untapped potential in the traditional medicine, calling on the Federal Government to harness the opportunity as a veritable alternative to oil and revenue drive.