Have bandit bankers struck again?

“Banka’ toxic assets may hit N3.0 trillion”. Emeka Anaeto, Economy Editor, VAGUARD, July 17, 2016. When George Santayana, 1863-1952, warned that “Those who do not remember the past [mistakes] are condemned to repeat it” (VANGUARD BOOK p 93), he did not have Nigeria’s banking sector in mind. In fact, that sector had recorded more high profile crooks than any other since the first authentic Nigerian banks were established in the 1950s by individuals whose names would not be mentioned now.
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LAPO chairman makes case for less privileged, harps on social justice

The Chairman, Lapo Microfinance Bank, Dr. Osarenren Emokpae, has advocated the need to extend help to the less privileged for social justice even as he frowns at the rise in poverty level in the country. Emokpae doubles as an entrepreneur who is into consulting, Advertising, Private Security, Logistics, Courier, Export, Trading, Conference/Event Centre, among others with about 4000 staff in his employ.

Rohr in line to be new Nigeria coach

The well-travelled Gernot Rohr is set to be appointed the new coach of Nigeria after being recommended by the technical committee of the Nigerian Football Federation (NFF)

2016 Hajj: Buhari not favouring Muslims —Presidency

ABUJA — The Presidency, yesterday, said President Muhammadu Buhari was not favourably disposed to Muslims against Christians, following the outcry that trailed the concessionary rate of N197 to $1 granted intending pilgrims for 2016 Hajj operations.

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