Clark blasts S-South govs over underdevelopment
GOVERNORS of the South-South region came under fire, weekend, as the leader of the Pan-Niger Delta Forum, PANDEF, Chief Edwin Clark, said that the time had come for the people to hold them accountable for underdevelopment of the region, mismanagement of funds and acts of intimidation.
PANDEF TO FG: Set up your negotiation team, halt military operations in N-Delta
THE Pan-Niger Delta Forum, PANDEF, an umbrella group of monarchs, leaders and stakeholders of the coastal states of Niger Delta, weekend, voiced concern that the Federal Government had not sufficiently demonstrated its enthusiasm for dialogue since it met with President Muhammadu Buhari, November 1, in Abuja.
The African vigil for Fidel Castro
IT was a straight eight-hour African wake in Lagos, the continent’s most populous city with a bulging seventeen million population. It was for Fidel Castro on the eve of his funeral. We knew his spirit was at the National stadium venue. It is not the Western concept of spirit which is exorcised. In Africa, the spirit of our loved ones stay with us and we honour them with dances, chants, praises, songs and tributes before they depart to the Pantheon of our ancestors from where they watch over us.
OPS, Afenifere, tackle Senate over planned scrapping of BoI
The Organised Private Sector, OPS, and the pan-Yoruba socio-cultural group, Afenifere have taken a united stand against moves by the Senate to scrap the Bank of Industry and replace it with a new bank to be called National Development Bank of Nigeria, NDBN.
Economic recession: Need for collective action
Despite a gloomy picture of Nigeria’s economic fortune, and government’s acknowledgement that indeed, the country was technically in recession, experts have said, there was no cause for alarm, as recession is not a death sentence.
Owie urges Senate to expunge SIEC from constitution
FORMER Chief Whip of the Senate, Senator Rowland Owie, has called on the Senate to scrap State Independent National Electoral Commission, SIEC, from the constitution.
Cashless Economy: “PayU” assures merchants of secure, effective e-payments
The cashless economic policy of the Central Bank of Nigeria (CBN) has received a boost with the entrance of PayU, a global payment group into the Nigerian market.
SEC to commence corporate governance scorecard implementation, Jan
The Securities and Exchange Commission, SEC, will commence the implementation of Corporate Governance, CG Scorecard for public companies in January 2017. The CG Scorecard was developed in 2014 and launched in 2015 by SEC in collaboration with the International Finance Corporation, IFC, to strengthen integrity in the capital market.
NSE sustains positive momentum, rises by N28bn
Investors in the Nigerian Stock Exchange, NSE, recorded N28 billion gains in their investment in a market rally that commenced the penultimate week.
When did annual budgets become such a joke?
The Honourable Minister was speaking in Vienna after the Organisation of Petroleum Exporting Countries, OPEC, had voted to cut supplies for six months in order to firm up the price of crude oil globally. OPEC went further to exclude Nigeria from the widespread cut because the other members had long regarded this country as the “poor cousin” whose dependence on crude revenue is almost total – unlike others. So, Nigeria was allowed to keep its 2.2 million barrels per day quota.
Ambode, Emefiele advocate financial innovation to tackle economic recession
Governor of Lagos State, Mr. Akinwunmi Ambode and Godwin Emefiele, Governor, Central Bank of Nigeria (CBN) have called on banks to come up with financial innovations that will facilitate the recovery of the nation’s economy. They made this call while speaking at the 2016 Bankers’ Committee retreat in Lagos over the weekend. The theme of the retreat was “Economic Recovery: The Role of the Banking Sector.”
