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  • Govt eyes private sector for $100b regular power supply fund

    THE Federal Government may have opted to seek partnership with private sector operators, for the revival of the nation’s power sector, as it could not fully fund the $100 billion (N15 trillion) required for the scheme to...

    • Posted March 23, 2011
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  • Govt advocates youths’ participation in agric

    AMONG measures to guarantee sustainable food security in the country, the Federal Government has called for involvement of youths in food production. The Permanent Secretary in the Ministry of Agriculture and Rural Development, Mrs. Fatima Bamidele made...

    • Posted March 23, 2011
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  • ASSBIFI hails IAP award, faction files objection

    THE Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI), has hailed the recent awards made in its favour by the Industrial Arbitration Panel (IAP), even as it urged the break-away faction to “return home”....

    • Posted March 23, 2011
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  • Nigeria, India hold bilateral trade fair

    THE maiden trade exhibition for promotion of bilateral relations between Nigeria and India in the field of pharmaceuticals and education is set to hold between today and tomorrow, at the Federal Palace Hotel, Victoria Island, Lagos. The...

    • Posted March 23, 2011
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  • More Nigerians become millionaires in Airtel’s Feel Free Bonanza

    THE ongoing Feel Free Bonanza of leading telecommunication service provider, Airtel has produced more millionaires. The latest participants to win millions in the promo include Gabriel Odite, a businessman who resides in Lagos, Felix Ojojo, a student...

    • Posted March 23, 2011
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  • ‘Wonder Bank’ makes a volte-face, challenges tribunal’s jurisdiction

    IT was a surprise twist of event at the Investment and Securities Tribunal (IST) during the report of settlement of the case brought by 14 representatives of investors of Nospetco Oil and Gas Limited against the Security...

    • Posted March 23, 2011
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  • Exchange strengthens penalties for errant firm

    To strengthen its existing rules, the council of the Nigerian Stock Exchange (NSE) has approved “certain penalties” for dealing with members who violate market rules governing their operations. The NSE, in a circular to all member firms...

    • Posted March 23, 2011
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  • Debt overhang: A vicious circle in governance

    Governance comes and goes with the personality involved. But financial recklessness has characterised governance in Nigeria, whereby a succeeding governor spends most part of his tenure and allocations on his predecessor’s debt obligation . The sitting one...

    • Posted March 23, 2011
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  • Kakawa Discount House declares N10.2b gross earnings in 2010

    FOR the year ended December 31, 2010, Kakawa Discount House has announced gross earnings of N10.2 billion, up by 62 per cent from N6.3 billion recorded in 2009. Also, total assets within the period increased by 33...

    • Posted March 22, 2011
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  • SEC seeks partnership with consumer council on investors’ protection

    AS part of strategies to consolidate on its investors’ protection initiatives, the Securities and Exchange Commission (SEC), has concluded plans to partner with the Consumer Protection Council (CPC). According to SEC, the development is expected to pave...

    • Posted March 22, 2011
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