Interview

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Upcoming announcements by banks will indicate recapitalisation – Chioke

Upcoming announcements by banks will indicate recapitalisation – Chioke

I think the factors on ground in the banking sector will be that if you look at where exchange rate is we are officially at N305/USD and parallel market is at N490/USD. And quite a number of banks have Dollar denominated risk assets on their balance sheet. The more we move towards a free floating of the Naira or devaluing of the Naira, the more it drags down their capital adequacy ratio.

Nigeria’s value system does not favour implementation of community policing- Dr Audu

Nigeria’s value system does not favour implementation of community policing- Dr Audu

Taking into cognizance the prevailing values and norms among the people in Nigeria and a call by some stakeholders for community policing in the country, a Nigerian scholar and researcher, Dr. Aminu Musa Audu said Nigeria’s value system and norms have been bastardised against the workability of community policing in the country.

Oil exploration destroying ecosystem of Niger Delta — Tiemo

Oil exploration destroying ecosystem of Niger Delta — Tiemo

It is very painful that the ecological disaster occasioned by the effects of oil exploration  has wiped out the biodiversity of the listed communities along the Oloduwa River, and will also wipe out the entire ecosystem of the region