Breaking News
Translate

Micro-Finance Banks: Operators Call for Policy Fine-tuning

As the new CBN governor, Sanusi Lamido Sanusi, settles down to duties and unveils his plans for the nation’s monetary and fiscal direction, stakeholders in the micro-finance sector have called for a review of the micro-finance policy, Amaka Agwuegbo reports Micro-Finance Banks, MFBs, operators see great wisdom in the micro-finance policy of the former Central Bank of Nigeria, CBN, governor that led to the establishment of micro-finance banks across the country. They believe that by that decision, banking services was brought to millions of Nigeria’s un-banked population.

Read More

FG Seals Housing Deals With 10 Developers

The Federal government has sealed partnership agreements with ten private real estate developers and investors under a Public-Private Partnership (PPP) arrangement, to deliver 16 housing projects in five states across the country and the federal capital territory (FCT). The beneficiary states are Adamawa, Niger, Osun, Ogun and Ondo.

Read More

NAFDAC’S blanket approval for supermarket imports

The National Agency for Food and Drug Administration and Control (NAFDAC) woke up to its responsibility to ensure the wholesomeness and integrity of what we consume about six years ago. Over the years, the Agency carried the battle to the nooks and crannies of this country to apprehend the manufacturers as well as the distributors of fake and substandard foods, beverages, drugs and cosmetics. In the process, factories were shut down; local as well as imported unregistered products were seized from markets all over the country and publicly set ablaze.

Read More

Sanusi: Manufacturers Table their Demands

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture and the Manufacturing Association of Nigeria would want the newly appointed governor of the apex bank to address the problem of high exchange rate, high inflation and astronomically high interest rate in order to save the real sector from total collapse, Babajide Komolafe writes.

Read More

The NCC Challenge

Colin Powell, who was to become President George W. Bush’s first Secretary of State, was such a successful Chairman of the Joint Chiefs of Staff that anytime the American public is asked to name those before him or even his successors, it fails to do so in most cases. But everyone remembers General Powel as someone who once commanded the world’s mightiest military force, with some even thinking that he is in office to this day.

Read More