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MFB inter-bank market must be credible— Moorgate MFB boss

MFB inter-bank market must be credible— Moorgate MFB boss

Tthe microfinamce bank inter-bankmarket must be credible to attract patronage from operators of microfinance banks (MFBs).The Managing Director/Chief Executive Officer, Moorgate MFB, Lagos, Mr. Gbolahan Bello, said that because microfinance banks operators have little control over what the inter-bank market does with the funds, operators need to have a full understanding of the workings of the inter-bank market before investing their depositors’ funds.

Oil bearing communities propose 50% derivation

Oil bearing communities propose 50% derivation

HOSTCON called on the Federal Government to facilitate and establish the Gas Commission, pending approval by the National Assembly, arguing that it would create more employment opportunities to the idle youths in the Niger Delta.

Group cautions on PIB

Group cautions on PIB

Fente, who called for the immediate withdrawal of the bill which he described as “obnoxious”, accused the Federal Government of insincerity with the acclai-med palliatives for the Niger Delta region, and wondered why the existing 23 anti-Niger Delta people laws have not been repealed to pave the way for peace in the area.

Labour laments rise in industrial accidents

Labour laments rise in industrial accidents

By Victor Ahiuma-Young LAGOS – Organised Labour in the country weekend expressed concern over the increasing cases of industrial accidents in the country with government doing little or nothing to arrest the situation. But the Federal Ministry of labour and Productivity said government is doing everything possible to minimise industrial accidents and industrial peace in […]

Check political assassinations, Lam urges Onovo

Check political assassinations, Lam urges Onovo

By Ola Ajayi IBADAN—FORMER Governor of Oyo State , Alhaji Lam Adesina has called on the Inspector General of Police, Mr. Ogbonaya Onovo to prevent another high profile killing in the state by taking decisive action on the alarm raised by the candidate of the All Nigeria Peoples Party, in the 2007 poll, Senator Abiola […]