Nigeria Deposit Insurance Corporation (NDIC and the Central Bank of Nigeria (CBN) have set up a joint committee to explore the establishment of another Asset Management Company (AMCON2) to acquire non- performing loans (NPLs) of banks.

It is the responsibility of government to provide employment and security for the people, among other things. However, since government cannot provide full employment for the people, what it does is to provide the enabling environment for non-state actors to bridge the gap. These non-state actors include small and medium scale enterprises.

Little known Nigerian, Shahin Nouri has taken the country to global reckoning in motor racing after winning the 2016 Lamborghini Blackpain Super Trofeo European title. He also emerged the 2016 vice champion of the world.

FOR those who have been wondering at the temerity of the armed Fulani militias ravaging the Middle Belt and Southern communities of Nigeria with impunity and without repercussion, a picture of an insidious international conspiracy is beginning to emerge.

Managing Director and Chief Executive Officer, Airtel Nigeria, Mr. Segun Ogunsanya, has been bestowed with an Honourary Citizenship of the State of Georgia by the Georgia Legislative Black Caucus, United States of America (USA).

AS casualty figures from the bloody re-run national and state legislative elections in Rivers State rise, security authorities, yesterday confirmed that a Deputy Superintendent of Police, DSP, Alkali Mohammed was killed alongside his orderly, and both men beheaded, during an ambush by cultists at Uju community in Ogba Egbema Ndoni Local Government Area.

The news came like a thunderbolt, and it is almost unbelievable, at least to those who are exposed to the normal ways governments are run in other climes. Chairman of the Federal Inland Revenue, Mr Babatunde Fowler, has disclosed that only 13.4 million, or about 16 per cent of an estimated population of 180 million Nigerians (out of which about 80 per cent are adults) pay their taxes.

AMONG the six area councils of Abuja, Nigeria’s federal capital, Kwali Area council is emerging as the cynosure of all eyes going by the developmental strides being carried out by the Honourable Joseph Shazin administration.

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.

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.

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.

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.

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.

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.

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.