Crisis in Abia PDP: Orji dragged to court over congress

An imminent crisis is brewing in the Peoples Democratic Party (PDP) in Abia State as the legality of the state Congress Committee has become a matter of liti­gation in court.

Dangote, Fashola for Lagos NIPR stakeholders’ conference

The Lagos State chapter of the Ni­gerian Institute of Public Rela­tions (NIPR) will hold its first annual stakeholders’ conference on Friday at the MUSON Centre in Onikan, Lagos with the Theme: Effective Stake­holders’ Engagement and Corporate Profitability.

Banks and nonperforming loans

The recent disclosure by the Central Bank of Nigeria (CBN) that the nation’s commercial banks recorded N400.57 billion in their Non-Performing Loans (NPLs) portfolio is disturbing. Such
huge bad debts have far-reaching implications on the solvency and profitability of the banks.
A statement by Dr. Sarah Alade, Deputy Governor, Economic Policy at the CBN revealed that the bad debts were recorded between August 2013 and August this year. This figure indicates an increase of N56.31bn or 16.36 percent, up from N344.26bn recorded within the same period last year. The statistics also show that gross loans by the banks increased by 21.03 percent from N9.278trn in August last year, to N11.229trn in August this year.

Rescuing Nigeria migrants in search of fortune

One of the outcomes of the recent Federal Executive Council Meeting, at the State House Abuja was the confirmation that a new labour migration policy would be implemented in the country. I was indeed elated by the policy which the minister of labour extolled as very crucial to protecting Nigerians travelling or working abroad.

Abubakar Audu at 67

Today, the 27th day of October, 2014, Prince Abubakar Audu turns 67. Truly, it can’t exactly be remembered the last time Prince Audu in spite of his verve and vivacity, was associated with a lavish and memorable birthday.

The Segun Mimiko puzzle

DEFECTION is not unusual in political calculations. And it is not novel. As has been established in Nigeria, our politicians are irredeemably unstable and thus unpredictable and unreliable! Elsewhere, in saner societies, politicians defect on grounds of ideological convictions known to one and all. But, in this country, the motivation is most times borne out of vaulting personal interests and traitorous idiosyncrasies that border on pedestrianism and selfishness.

BREAKING NEWS! Abia guber: Alex Otti resigns as Diamond Bank GMD/CEO

…As CBN appoints Uzoma Dozie new GMD/CEO
 The Group Managing Director/CEO of Diamond Bank Plc Dr. Alex Otti has voluntary retired in order to pursue his gubernatorial ambition in the forthcoming Abia State election.