[News Update] FMBN Releases New Bad Debtors...Listed Jakande, Magoro, Hayford Alile, Amina Abubakar
Latest from the Economic Confidential www.economicconfide FMBN Releases New Bad Debtors as CBN Allays Fresh Fears in Banks ...FMBN Recovers N2bn from Non-Performing facilities … Listed Alhaji Jakande, Gen. Magoro, Apostle Hayford Alile, Chief Karibos, Sijuades, Hajia Amina This is season of exposure of bad debtors in all sectors in the banking industry as Federal Mortgage Bank of Nigeria (FMBN), in a finding by the Economic Confidential an online intelligence magazine, would soon pursue legal actions against bad debtors of mortgage financial institutions just as it has recovered N2bn non-performing facilities. The list of the debtors of its non-performing loans contains names of popular past political office holders, politicians, businessmen and religious leaders. This development came as the Central Bank of Nigeria allays the fear of the public on speculations of new damaging report on Nigerian banks... Read Facts and Figures The Table of List of Bad Debtors in FMBN Corruption: Waziri and Aoandoka Disagree over Clearance of Attah, Ibori, Tinubu The Economic and Financial Crimes Commission (EFCC) has denied clearing some former governors of corruption charges. The anti-corruption agency's denial was in a response to statement credited to the Attorney General of the Federation, Mike Aondokaa who had said that Federal Government had cleared the former public offers... Read FEATURES By Les Leba This article, exposes the conscious complicity of our banks in the unpatriotic and economically destructive and possibly criminal involvement in money laundering.. Oronsaye's Civil Service reform: Another Option By Hussaini Sani Kagara The point that must not be missed is the fact the Civil Service in Nigeria has virtually collapsed. Politics and politicisation has systematically bastardised the very essence of the Civil Service. Consequently, morale is weak, remuneration is very poor, efficiency is no more, competence has been ditched and merit abandoned. Nonetheless, hope is not lost, Nigerians still believe in Nigeria despite the numerous challenges. The Civil Service is not optional unless there is no government. The glory of Civil Service can only be reclaimed by the quality of education being impacted and not in the number of years one is to serve or position to attain. May God help Nigeria!... Read New Policy in the Civil Service: Hypocrisy at Work? By Tope Ajakaiye By the World Bank GDP listing, Nigeria is currently on the 38th position. If we are to move to number 20 by year 2020, it means that we have to overtake those countries that are currently listed to be on numbers 20-37. Take a look at these countries and tell me, as we are now, if it looks like a realizable goal. The countries are: Belgium, Switzerland, Sweden, Saudi Arabia, Norway, Austria, Iran, Greece, Denmark, Argentina, Venezuela, Ireland, South Africa, Finland, Thailand, Portugal, Columbia and Czech Republic.... Read MORE NEWS FROM THE HOMEPAGE www.economicconfide VP Woos Ukrainian Investors to Power and Gas Sectors Parks and green policy on the Way- Odey States Call for Release of Intervention Funds CBN to Supports ACAMB NAPEP Collaborates with Agencies on Poverty Bankers Strategise on e-Payment MEDIA NEWS UPDATES FROM HOMEPAGE www.economicconfide Stella- Spanish court awards OBJ N273m Deregulation- Fuel may go for N103 per litre Fraudsters ad- Sony apologizes to Nigeria CBN to submit 14 banks audit in two weeks Oil firms may sack workers over bill 108 Civil Service directors for test GAT- NASS hands off Arik, Bi-Courtney tiff Edevbie Not on Trial, London Police Insist Nobody benefited from Lagos shares in Econet - Tinubu Nigeria yet to get global nod for extractive industry Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine |
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