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All posts by Afolabi Ogunde

  • FAAN Awards Dana Air, Best Domestic Carrier

    The Federal Airports Authority of Nigeria (FAAN) has awarded the operators of the ill fated 3rd June 2012 Boeing MD-80 plane, Dana Air, the best domestic carrier for 2011. The Regional General Manager of FAAN, Mr. Christopher...

    • Posted October 22, 2012
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  • Sanusi Faces Lawmakers Seeking to Curb CBN’s Power

      Central bank Governor Lamido Sanusi will today face lawmakers who are seeking to curtail his powers after he criticized them for overspending and doubled interest rates. Sanusi, 51, is scheduled to appear at a public hearing...

    • Posted October 22, 2012
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  • Industrial Revolution: Nigeria, Korea Set Partnership in Motion

      In a bid to encourage the development of major industries, mainly the petrochemical and automotive industries, in both countries, Nigeria and Korea have agreed on an industrial collaboration scheme.   The collaboration was sealed at the...

    • Posted October 22, 2012
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  • 2013 Budget: Presidency to Spend N1.5 billion on Computers after spending N1.5 billion on same in 2012

      Investigative analysis into the 2013 and 2012 budget has shown that the presidency plans to spend N1.5 billion on computers and office stationery. The N1.5 billion earmarked funds covers the Presidency and some of its agencies including...

    • Posted October 22, 2012
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  • Oil Marketer Convicted of Drug Trafficking in Saudi Arabia

      Saudi Arabian authorities convicted and imprisoned a Nigerian oil marketer of drug trafficking in August. The convicted drug trafficker, Alhaji Muideen Mustapha, is the Secretary, Independent Petroleum Marketers Association of Nigeria (IPMAN) Kwara STate chapter. Saudi Arabian authorities...

    • Posted October 22, 2012
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  • Afolabi Ogunde: Where UK’s Daily Mail Goofed on Bishop David Oyedepo and Winners Ministries

      When the British begun to colonize Africa just few centuries ago, they saw nothing wrong with using the Gospel of Christ to bamboozle our ancestors into surrendering their lands and resources over to Her Majesty’s government;...

    • Posted October 21, 2012
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  • UK firm to set up agro-processing equipment plant

    A United Kingdom-based firm, Alvan Blanch Development Company Limited, is to establish an agro processing equipment factory in the country. According to the Managing Director, Mr Andrew Blanch, the move would help promote durable economic growth with...

    • Posted October 20, 2012
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  • Reps to Tinker With 2013 Budget as Lawan Frets Over Escalating Debt

    The House of Representatives said yesterday that it would streamline the 2013 budget proposal to support capital projects. The house stood by its $80 oil price benchmark, against the President’s $75 contained in the appropriation during the...

    • Posted October 20, 2012
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  • Senate Summons IGP Over Controversial Frequency Band Sale

      The Senate Committee on Communications has commenced a full investigation into the contentious sale of 450 MHz Frequency Band supposedly belonging to the Police by the Nigerian Communications Commission (NCC). The Senate Committee Chairman on Communications,...

    • Posted October 20, 2012
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  • Access Bank Rakes N35.1 billion Net Income after Nine Months

      Access Bank Plc transmitted its earnings to the Nigerian Stock Exchange today. The company reported gross earnings of N162.3 billion. Profit before tax was reported at N38.1 billion, a 116% growth from the N18.1 billion it...

    • Posted October 19, 2012
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