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Central bank in a dilemma  over Nigerian banks

Central bank in a dilemma over Nigerian banks

MY first major article on banks was in 1992; when one Mr Jimi Lawal, was the Managing Director of Alpha Merchant Bank. From the quarterly, semi-annual and annual reports of the bank, anyone could be forgiven for thinking that Mr Lawal, who was also a flashy dresser and certainly not conservative, as traditional bankers were, had his own mint for printing the funds his bank was allegedly making. He was not alone.

Reps summon Customs boss over N200bn insurance fund

Reps summon Customs boss over N200bn insurance fund

THE House of Representatives Ad-hoc Committee investigating cash paid out to government officials annually by insurance companies has summoned the Controller General of Customs, CGC, for allegedly refusing to furnish it with details of its insurance transactions between 2013 and 2015.

Lekki Gardens assures subscribers of safe investment, repositions

Lekki Gardens assures subscribers of safe investment, repositions

THE management of Lekki Gardens Estate Limited, one of Nigeria’s foremost real estate firms, has assured its teeming clients and stakeholders that their investment is safe and appreciating in value in spite of the current economic downturn, just as the firm has disclosed that it has repositioned to ensure timely delivery of quality and affordable housing in the country.

Lagos, Ekiti doctors worry over increasing hypertension, diabetes

Lagos, Ekiti doctors worry over increasing hypertension, diabetes

Indications emerged weekend that non-communicable diseases, such as hypertension and diabetes may have become endemic in most communities across the country as doctors in Lagos and Ekiti states raised alarm over increasing cases of the diseases among residents.

$30b loan: It’s equity or no deal

$30b loan: It’s equity or no deal

PRESIDENT Muhammadu Buhari’s plan to borrow $30 billion foreign loan has been unveiled, and will soon be tabled before the National Assembly for approval. If his intention sails through, it will be the single largest loan tranche in the history of Nigeria.

Labour sends salary review proposal to employers’ federation

Labour sends salary review proposal to employers’ federation

ORGANISED Labour weekend in Otta, Ogun State, said it sent a proposal to employers’ federation on the aegis of Chemical and Non-Metallic Products Employers’ Federation, CANMPEF, for a review of existing conditions of service and upward review of workers’ salaries and other benefits to cushion the effect of economic recession.

Cultural extravaganza, as Gov. Okowa opens Isoko day in Lagos

Cultural extravaganza, as Gov. Okowa opens Isoko day in Lagos

The rich cultural heritage of Isoko nation,the third largest ethnic group in Delta State will be on display as they celebrate the 2016 Isoko Day in Lagos. The high profile event which will bring all the sons and daughters of Isoko nation together is scheduled to hold on November 5th 2016 at the National Stadium, Surulere.