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Poverty eradication: Nigeria adopts Latin American strategy
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From Emeka Anuforo, Abuja
TO give bite to the fight against poverty in Nigeria, the National Poverty Eradication Programme (NAPEP) is borrowing a leaf from the strategies adopted by Brazil, Mexico and some Latin American countries.
Govt signs contract for 215 MW Kaduna power plant
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From Emeka Anuforo, Abuja
FEDERAL Government has sealed a pact for the construction of a 215MW dual thermal plant to be located in Kaduna.
Bauchi to make provision for APRM, NEPAD in 2010
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From Ali Garba, Bauchi
Bauchi State government has assured that adequate budgetary provision would be made in 2010 for successful implementation and enlightenment on the National Programme of Action (NoPA) of the Africa Peer Review Mechanism (APRM) and NEPAD.
ANAN president suggests diversification of Nigeria's economic base
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THE President of the Association of National Accountants of Nigeria (ANAN), Chief (Mrs.) Iyamide Gafar, has said for the nation's economy to weather the current problem, the country would have to diversify its economic resources base.
Unity Bank plans multi-million naira promotion
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FEELERS emanating from the corporate world indicate that the usually conservative Unity Bank Plc is on the verge of adopting a sparkling brand new corporate identity, which will soon be unveiled to stakeholders.
Soetan heads financial services group of LCCI
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MR. Olusola Soetan of Intercontinental Wapic Insurance has been elected as the new chairman of the Financial Services Group (FSG) of the Lagos Chamber of Commerce and Industry (LCCI).
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DMO sells Federal Government bonds worth N2.51 billion
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THE Debt Management Office (DMO) says it has sold Federal Government bonds worth N2.51 billion to date. The Director General of the DMO, Dr.
Oil prices fall to near $77 amid uncertainty over demand
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OIL prices slipped towards $77 a barrel yesterday as a sharp slide in stock markets raised worries about the pace of recovery in the global economy and demand for crude.
Nigeria, IMSO sign long-range vessel tracking agreement
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NIGERIA on Tuesday in London signed an agreement with the International Mobile Satellite Organisation (IMSO) UK on the Long-Range Identification Tracking (LRIT) system for vessels.
Abia reiterates support for microfinance banks
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THE Deputy Governor of Abia State, Chief Chris Akomas, has assured that the state government would continue to support microfinance banks in the state.
'Deregulation: Govt is responsible for current resistance'
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By Ajibola Amzat
STRONG opposition by the civil groups against the deregulation of the oil and gas sector is only an expression of the loss of confidence of the citizenry in the government, and not until government is ready to demonstrate transparency and accountability that people will stop challenging government policy arbitrarily.
Naira slides as market goes on break
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By Tosin Fodeke
THE naira yesterday, slid down against the U.S dollar following weak foreign exchange demand at the central bank's bi-weekly auction and closure of the market for the public holiday.
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