By DELE SOBOWALE There are some commercial banks that have a negative net worth. What is CBN’s plan for them? Who is going to merge with a bank with a large negative net worth under your N25 billion scenario? Is this a disguised way of putting them out ofbusiness by December 31, 2005? Why would […]

IT will be exactly a year ago tomorrow, when the proactive administration of Governor Babatunde Raji Fashola scored another first, this time, a technological feat – the pulling down of the 22-storey Bank of Industry (BOI) building without any casualty, not even the slightest damage to surrounding structures.

WORKERS in the nation’s Chemical and Leather industry, have petitioned the Minister of Labour and Productivity, Prince Adetokunbo Kayode, to look into unfair labour practices by Lee Group of Companies, accusing the group of unfair labour practices.

Junaid Mohammed, the current chairman of Peoples Salvation Party is a second republic MP who served as a minority leader of the House in 1979 to 1983. He is fiery and treats issues with utmost frankness it deserves. In this encounter with Saturday Vanguard, Junaid spoke on the policy of the new CBN Governor, amnesty […]

As the Federal Government seeks ways of curbing the restiveness in the Niger-Delta region, Minister of States for Niger-Delta, Elder Godsday Orubebe, in this interview with Godfrey Bivbere, speaks on solutions to the problem, what his ministry is doing and the place of the Maritime Academy of Nigeria (MAN), Oron in this effort.
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FOR Zain, the circle has run full course as the most celebrated telecom provider in Nigeria in terms of customer service provision since it first appeared on the horizon in 2001 as Econet Wireless and through fire brand evolutions – Vodacom, Vmobile and Celtel.

NIGERIA is not ready for service export .This was the view of the Managing Director, Nathan EME, Mr. Sunil Sinha, an export consulting firm..

Following their heavy indebtedness to banks in the country through margin facilities, stockbrokers have called on the Central Bank of Nigeria (CBN) to prevail on the banks to abide by the debt restructuring agreement entered with them in the wake of the meltdown in the capital market.

The Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) on Wednesday urged the Federal Government to dredge the Port Harcourt Port. The President of PHCCIMA, Mr Billy Gillis-Harry, made the call in Port Harcourt when he led officials of the chamber on a facility tour of the port. He said the measure would be in fulfilment of government’s promise to dredge the port before concessioning it.

The management of the Nnamdi Azikiwe International Airport, Abuja has advised passengers and other stakeholders to be safety conscious when they are around the ‘RAMP’ area of the facility, to avoid accidents. RAMP is the operational area of the airport where aircraft drop and pick passengers, refuel and carry out other checks in preparation for take-offflight. Mr Chris Bature, the airport Manager, gave the advice on Wednesday at a road show to flag off the maiden edition of its “RAMP Safety Week”. We have operational vehicles of all the airlines; we have bouncers or people who bring in fuel to the RAMP, doing their work within the area.

THE Federal Operations Unit (F O U) of the Nigeria Customs Service (NCS) in Ikeja over the weekend seized contraband goods with a Duty Paid Value (DPV) of N122million just as 20 suspected smugglers were arrested.

Customers of Union Bank PLC in the South Eastern states of Nigeria have re-affirmed their confidence and loyalty to the bank, stating that the recent intervention by the Central Bank of Nigeria would make it more capable of meeting their desires and aspirations.

For many investors in the hospitality sector of the tourism industry, one thing they can not afford to play with is the issue of the sales of alcohol. There are few hotels in Nigeria where alcohol sales are not allowed.

THE Governor of Ekiti State, Engineer Olusegun Adebayo Oni has been described as an inestimable and precious asset to Ekiti State in particular and Nigeria in general.

For been in the forefront in the re-branding Nigeria initiative, the Hon Minister of Information and Communications Prof. Dora Akunyli has named the CEO of Anabel Mobile Mr. Nicholas Okoye as a foot soldier in the effort to redefine the Global perception of the Nigerian Business environment which is a major pillar of the Federal Government’s re-Branding initiative.