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Sequel to the nationalisation of three banks, Afribank, Bank PHB and Spring Bank, and the coming into being of Mainstreet Bank Ltd, Keystone Bank Ltd, and Enterprise Bank Ltd, the managing director of Nigerian Deposit Insurance Corporation (NDIC), Alha...
Following the takeover of the three banks; Afribank, Bank PHB and Spring Bank by the Federal Government, trading activities on the floor of the Nigerian Stock Exchange (NSE) yesterday witnessed a heavy run on the shares of listed equities leading to mo...
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has assured that the federal government will study the report submitted by the Presidential Committee on Environmental Survey and Clean-up of Ogoniland and make a definitive statement of...
The retired Archbishop of the Church of Nigeria (Anglican Communion), the Most Reverend Abiodun Adetiloye, has advised President Goodluck Jonathan to drop the proposed single term of six years for president and governors in the country. He also warned ...
The President of African Children Rescue Foundation (ACFR), Dr. Joseph Johnson has said that President Goodluck Jonathan needed to take drastic decision in order to be a successful leader. He stated this yesterday at the award/founder’s day celeb...
The Oyo State Governor Abiola Ajimobi, has told Local Government Transition Committee Chairmen not to see their swearing to an oath of office as mere routine, stating that, by swearing on oath with the bible and Quran, they had reached an understanding...
The Lagos State House of Assembly has again called on the Federal Government to as a matter of urgency build pedestrian crossings in all Federal roads in Lagos especially the Lagos-Abeokuta expressway. Hon. Ipoola Omisore, representing Ifako-Ijaye Cons...
Africa has been put on the spot over lack of investment in agriculture, especially in the wake of a food crisis owing to prolonged drought in parts of the continent. Minister of Agriculture, Dr. Akinwunmi Adesina, said recently that lack of investment ...
In an effort to find a lasting solution to the perennial clashes of Fulani cattle rearers in Jigawa State, the federal government has planted grasses on one hundred hectares at the Sankara grazing reserve. Handing over the project, National Livestock P...
The federal government has said that it was set to increase rice production within the next two years and that by 2015, the country would be self sufficient in rice production. Minister of Agriculture and Rural Development, Dr. Akinwunmi Adesina, who d...
As part of efforts towards tackling problems caused by lack of natural gas in the country, Oando Gas and Power Plc, a subsidiary of Oando Plc, has entered into partnership with the Rivers State government to operate the state gas infrastructure in Port...
The managing directors of the nationalised banks; Mainstreet Bank, Keystone Bank and Enterprise Bank, acquired by the Asset Management Corporation of Nigeria (AMCON) were yet to assume duties yesterday though the banks were seen wearing new looks. A vi...
There are few people who have attained the height the late Pan-African music king, composer, saxophonist, spiritualist, vocalist, dancer, keyboardist and the grandfather of Afro beat Fela Anikulapo Kuti a.ka Baba 70 or Abami Eda attained during his lif...
The Ewi of Ado-Ekiti, Oba Adeyemo Adejugbe, has enjoined governments at all levels to commit more resources to agriculture to provide food security and employment opportunities for youths in thecountry. Adejugbe who made the call at the weekend during ...
The Asset Management Corporation of Nigeria (AMCON), has announced new board appointments for the three bridge banks it acquired at the weekend from the Nigeria Deposit Insurance Corporation (NDIC). The three bridge banks are Mainstreet Bank Limited, K...