DFI invests N1trn in the economy — MD
THE acting Managing Director of Bank of Industry, BOI, Waheed Olagunju, yesterday, told the House of Representatives Ad-hoc Committee investigating the activities of Development Finance Banks, DFI, that the bank has invested N1 trillion in the Nigerian economy in the past 15 years.
2 in police net for swindling naval officer
The Ohuru Isimiri Police Division in Aba, Abia State has arrested two suspected swindlers, Uche Uzoma and Philip Nwachukwu, for fraudulently obtaining N900,000, from a Naval officer, one Commander Benedict Nwaokorie.
NAICOM to undertake capital verification of insurance companies
THE National Insurance Commission, NAICOM, said it will undertake a verification of the capital resources of all insurance companies in the first quarter of 2017.
Oil and local prosperity: A study of ‘Two kingdoms
THE King of Abonnema has just finished a magnificent building he called his palace. The king of Okpo has done same – built a palace. But there the similarity ends. Abonnema is one of the major towns among the Kalabari Ijaws; its history is long and illustrious. It has prominent indigenes whose names are common to all Nigerians, Wenike Briggs, Ajumogobia, Graham-Douglas, Ferdinand Alabraba, W.W. Whyte, Mr. Justice Adolphus Karibi Whyte (SCJ), Odoliyi Lolomari (ex M.D., NNPC), Olu Fubara, Ambassador D.D. Obunge, Admiral Bob Manuel, Chief Lulu Briggs, Dr. Dodiyi Manuel, Capt. Briggs (ex-Minister of Transport), Capt. Ajumogobia, Chief S.K Dagogo Jack (ex-INEC Chairman), Deputy Comptroller of Customs, Bibi Akpana, Tom Fabyan (former M.D. African Petroleum), L.M. Jacks (Permanent Secretary, Internal Affairs), Miss World (Agbani Darego); Miss Nigeria (Syster Jack), et
N12.3 m debt owed octogenarian: Court seals-off C-River agency
CALABAR — THE premises of the Calabar Urban Development Agency, CUDA, Cross River State, has been sealed for a month running, following a magistrate court judgment against the state government over non-payment of N12.3 million annual rent covering 2014-2016 to the property owner and octogenarian, Chief Mrs. Ekanem Oku Kurz. NDV learned that the annual rent of N4.5 million for the two-storey building located at 106 IBB Way, Calabar, known as Lirak House, has not been paid since 2014 and it incapacitated the woman, who relied on it for her upkeep.
Mikel loses again with Tianjin Teda
NEWLY appointed captain of Tiajin Teda Mikel Obi is yet to taste victory with his new team after four pre season games ahead of the start of the Chinese Super League.
