Archive for Guardian
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Forex Scarcity: Banks Pay Naira For Foreign Exchange Inflows
By Marcel Mbamalu
Despite efforts by the CBN to protect customers from being unduly exploited in their daily transactions with banks, unwholesome practices and hidden charges may have returned to the banking sector, howbeit through the backdoor.
In what looks like an effort to conserve the already scarce foreign [...]
Unlicensed Radio Operator Provided Flight Information At Airstrip
Meteorological Equipment Not Adequate At Bebi Airstrip
DNA Yet To Confirm Identity Of Crew
Crew Inability To Respond To Warnings
By Wole ShadareThe Accident Investigation Bureau (AIB) yesterday made public, the interim report of a Beechcraft 1900D aircraft belonging to Wings Airlines that crashed on March 15, 2008, in the mountainous [...]
Contrary to the explanations from some government officials on the alleged $6 billion bribery for the contract on the Bonny island Joint Venture Project, involving top government executives and some officials of the Nigeria National Petroleum Commission (NNPC) and the Nigeria Liquefied Natural Gas (NLNG), the text of the ruling by the United states District [...]
IN a bid to guard against the negative impact of the global economic downturn, Nigerian banks are leveraging Information and Communication Technology (ICT) to restructure their operations with a view to saving cost. The measure ranges from salary cuts to outright downsizing, which, The Guardian learnt, is generating bad blood between staff and management of [...]
Guardian
FORMER Chairman of the Economic and Financial Crimes Commission (EFCC) Mallam Nuhu Ribadu yesterday mounted legal obstacles on the path of Federal Government in its effort to try him at the Code of Conduct Tribunal (CCT) for allegedly contravening the Act.
In a suit filed by his counsel, Femi Falana, Ribadu named CCT, the Attorney General [...]
Guardian
THE television broadcast industry in Africa has had a very interesting even if turbulent history. Whereas the television broadcasting has its origins in Nigeria, where the legendary Obafemi Awolowo inaugurated Africa’s first television broadcast studio, the Western Nigeria Broadcasting Corporation in the late 1950s, today despite that head start, Nigeria appears to have lost out [...]
Guardian
UNDER a new policy unveiled yesterday by the Federal Government, state governments can no longer award contracts for the repairs of highways.
The policy abolished a system under which state governments award contracts for the rehabilitation of federal roads without federal government’s input only to send the bills to it for refund.
The Federal Government also released [...]
Guardian
AFTER 10 days of anxiety and suspicion regarding succession to the throne of the Great Mohammed El-kanemi, Borno State Governor Ali Modu Sheriff on Monday appointed the district head of Magumeri, one of Kanuri settlements in the state, Alhaji Kyari Garbai, as the 20th Shehu of Bornu. NJADVARA MUSA writes on the intrigues and power [...]
I respect the BBC, I really do, I definitely think they are less biased than some of the other Western media, i.e CNN… However, I am continually puzzled at their insistence on reporting events in Nigeria from a Christian vs. Muslim perspective.
For example, take a look at this piece of garbage reporting about the riots [...]
Western economies, Africa’s ignorance and inertia
By Olu Otunla
I WATCHED bemused a few evenings ago as the BBC paraded at its forum the best of pop ideas on the fate of West European and North American ((WENA) economies and the effect of its age of turbulence (Alan Greenspan) on our wretched (Fanon) lives. Pride of [...]