The Central Bank of Nigeria, CBN, has approved the establishment of the Development Bank of Nigeria (DBN) Plc. Finance Minister, Kemi Adeosun said the approval was conveyed in a letter addressed to the Managing Director/Chief Executive Officer of DBN dated March 28, 2017. The letter was signed by the Deputy Governor of the CBN in…
ARIk: Who Will Cast The First Stone?
The cacophony of reactions generated by the takeover, on February 9, of Arik Airlines is symptomatic of the crisis of confidence that Nigerians have in their relationship with corporate organizations and the government. While scores of people see the takeover as a welcome development, appreciative of the challenges of the airline over time, other read…
Tackling The Oil Spill Conundrum
Stakeholders meet in Port Harcourt to address complexities in the vexed issue of oil spill in the Niger Delta region of the country Oil bearing communities, oil companies and regulators in the sector have called for the strengthening of the National Oil Spill Detection and Regulatory Agency (NOSDRA). This, according to them, is to enable…
Nigerians Mistreat The Elderly-LASU Don
At a time when many elderly people in Nigeria continue to lament the poor welfare system in the country, Elias Wahab, a professor of Sociology and dean of faculty of Social Science, Lagos State University, LASU, has urged the government to establish a programme and policy that will ensure monthly stipends are given to Nigerians…
At A Time Like This
This is not the best of times for Nigeria. Inflation is spiraling out of control and many compatriots can barely eke out a living. Life is becoming nasty, brutish and short. Internecine wars of various hues are all over the place with brothers mauling down brothers in the most brutal fashion. And there is no…
Lagos Launches Neighbourhood Safety Corps
[ctt template=”5″ link=”b40y4″ via=”no” ]The Neighbourhood Safety Corps is not in any way in competition with the regular Police Force.[/ctt]As part of measures to improve security in Lagos State, the state government today launched the Neighbourhood Safety Corps, a scheme targeted at community policing and meant to complement the effort of the Nigerian police in…
Cynthia Osokogu’s Killers Sentenced To Death
Oluwatoyin Akinrinola Almost five years after Cynthia Osokogu, a 24 year old indigene of Delta State, was found dead in a hotel in Festac Town, Lagos, a Lagos State High Court today found two people: Okwumo Nwabufo and Olisaeloka Ezike guilty of her death and subsequently sentenced them to death. Justice Olabisi Akinlade, in…
Wike Sacks Street Traders, Artisans in Port Harcourt
Rivers State Governor, Nyesom Ezenwo Wike, has asked all street traders and artisans to vacate streets in Port Harcourt, the state capital within the next one week. The governor issued the warning at Government House Port Harcourt on Wednesday while launching “Operation Leave the Road,” a programme designed to rid Port Harcourt streets of traders,…
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