[News Update] When Gen. Gusau Attacks CBN, EFCC as Acting First Lady Returns from Brussels
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When Gusau Attacks CBN and EFCC: Some economic analysts and foreign investors were indeed shocked by the bombshell from the National Security Adviser (NSA), General Aliyu Mohammed Gusau against activities of Central Bank of Nigeria (CBN) and the Economic and Financial Crime Commission (EFCC) in Nigeria... Also new cabinet members were made to realise that "absolute loyalty is not to those that nominated them but to the person that appointed them into the office." READ
Ag. First Lady in Belgium for Forum of First Ladies: ….Says Nigeria is Committed to Education-For-All: The Wife of the Acting President, Dame Patience Goodluck Jonathan, and acting as the Nigerian First Lady has returned to Nigeria after an official trip to Brussels, Belgium for Extraordinary Meeting of First Ladies organised by Crans Montan READ
Shoreline Mapping between Lagos and Calabar Carried Out - Odey: The federal government through the National Oil Spill Detection and Response Agency (NOSDRA) has carried out an Environmental Sensitivity Index (ESI) Mapping of the Shoreline between Lagos and Calabar. READ
Federation Account: FG, States, LGs Share N284bn: as FAAC Transfers N108.2b Into Excess Crude, PPT Accounts. The Federation Account Allocation Committee (FAAC) has shared a total of N284.592 billion among the three tiers of government at their meeting in April 2010. READ
Senator Kuye Promises to Boost Commerce and Industrial Sector: The new Minister of Commerce and Industry, Senator Jubril Martins Kuye has promised to boost activities in the Commerce and Industrial sector of the Nigerian economy. READ
Abuja Lokoja Road for Completion in December- Minister of Works: The new Minister of Works, Senator Muhammed Sanusi Daggash and the Minister of State for Works, Engr. (Dr.) Chris Ogiemwonyi have assured Nigerians that that the pace of work on the Abuja - Lokoja road would becompleted by December 2010. The projects according to the Economic Conf...READ
Fake Igbo- Chief in EFCC's Net Over $243,000 Fraud: A notorious 38 -year- old fraudster, claming to be an Igbo traditional title holder, Sam Nwankwo, has been arrested by the Economic and Financial Crimes Commission, EFCC for defrauding a 57 -year -old man, Mr. Collins to the tune of $243,000. READ
CBN Approves Key Policy Decisions on the Real and the Financial Sectors: The Central Bank Board at its meeting of April 15, 2010, has approved key policy decisions on the funding of SMEs, amendment of prudential guidelines on loan loss provisioning, and rules and regulations on margin lending. READ
Monetary Survey on Proposed Abolition of Universal Banking: The Central Bank of Nigeria(CBN) on the 298th Bankers' Committee meeting recently decided to abolish the current universal banking model in next 18 months. The current model allows all deposit money banks to engage in every type of financial services. READ
IBB: Undue Attention: I have been following with keen interest the decision by the former military ruler, General Ibrahim Babangida to contest the 2011 Presidential election. Personally, I don't think he (Babangida) will go far. A good example was when ex head of state (Gen Gowon) tried to contest the presidential election in 1992/93. He (Gowon) failed in his primary constituency. READ
Collegiate Presidency and National Harmony: The tenacity of the pro Yar'Adua cabal to hold onto Aso Rock through whatever means must be a testimony to the sweetness of power! Under normal circumstances where political and public offices are geared towards the service of the people, there will be little or no personal gain in capturing power or its retention. READ
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