Oceanic Bank Interna tional Plc has restated its commitment to excellent customer service with the adoption of a new corporate campaign tagged today is a good day.

To meet the escalating demand for content and connectivity across Africa, SES WORLD SKIES, a division of SES S.A), says Netcom Africa has signed a multi-year deal to expand its delivery of telecom and broadcast television services throughout Nigeria and West Africa.

The object of the earlier articles in this series is to show that the Central Bank’s (CBN) condemnation and indictment of banks is as hypocritical as the proverbial ‘pot calling the kettle black’! Indeed, the CBN’s posturing assumes an immoral colouration, because in reality, the malaise in the banks was actually instigated by the failure of the apex bank to effectively perform its secondary role as the official regulator and supervisor of the money market.

Fidelity Bank Plc has been named the Most Socially Responsible Company (MSRC) in Nigeria for the promotion of Arts at the 3rd Social Enterprising Reports and Awards (2009) organized by Tru-contact and the Nigerian Institute of Public Relations (NIPR).

It is no news in the advertising world that no Nigerian agency has ever won a major international award for creativity, either the Cannes, CLIO, ADAGE etc and other awards, (but not region awards in other countries of the world) have continuously eluded Nigerian agencies. Even though among the creative industries, advertising is unique in the country in this respect. For this reason, ad practitioners in Nigeria instituted the Lagos Advertising and Ideas Festival (LAIF) to recognise creativity, which has just ended with rewards to creative agencies.

The four new Executive Directors approved for Union Bank of Nigeria PLC have resumed duty. They are Messrs Philip Ikeazor, Ibrahim Abubakar Kwargana, Folashodun Adebisi Shonubi and Adekunle Adeosun.

A member of the Gulder Ultimate Search 6 team, Elvis Abogun, has been appointed Youth Ambassador by the Governor of Ondo State, Dr Olusegun Mimiko. The new ambassador was also awarded scholarship to the master’s degree level in any university of his choice.

The National Agricultural Foundation of Nigeria (NAFN) has decried the decline in Nigeria’s agricultural sector, saying the country spends $2.8 billion annually on importation of foods. Alhaji Abdullahi Adamu, Chairman, Board of Trustees of the foundation, made this known on Friday in Abuja at a news conference on preparations for the 2009 National Agricultural Show and this year’’s World Food Day.The 3rd National Agricultural Show with the theme,

THE Nigerian Banking system today is a shadow of what it was before the August 14 pronouncement of the Central Bank governor, Sanusi Lamido Sanusi. Nigerian bankers who in recent times held their heads high in local and international arena no longer exude the confidence they once have. The entire industry is gripped with fear, disenchantment and panic. No one is sure of what will happen next.

Learning and innovation go hand in hand. The arrogance of success is to think that what you did yesterday will be sufficient for tomorrow —William Pollard

It is unfortunate, unproduc-tive, a throwback to practices which this country should have left behind and most inimical to the growth and development prospects of the Nigerian economy the report that transactions are now done on cash and carry basis.

The place of power in any economy cannot be overemphasised.Recently, the Minister of Power, Dr. Lanre Babalola while speaking at the rollout workshop of the National Power Training Institute of Nigeria (NAPTIN), in Abuja said that for the country to attain its vision of becoming one of the best economies in the world by the year 2020, it would require about 25,000 megawatts of electricity.

The Indigenous Shipowners Associaion of Nigeria (ISAN) has arrested a fifth vessel in its bid to rid the nation’s coastal water of foreign ships engaged in illegal bunkering in contradiction of the Cabotage law.

A contagious buzz swept through football: the 1978 FIFA World Cup Argentinaâ„¢ was less than one year away. Supporters’ attention was distracted, however, by the kick-off of the maiden FIFA U-20 World Cup, which was to begin in Tunisia on 27 June 1977.

Trading on the Nigerian Stock Exchange (NSE) resumed the week on a bullish note as the value of listed equities appreciated by N85.26 billion.