The Conservator General of The Nigerian National Park Service (NNPS), Alhaji Haruna Tanko Abubakar, has urged the Nigerian Tourism Development Corporation (NTDC) to establish an endowment fund for tour operators to finance their business besides having adequate knowledge of the products and services they are rendering.
The Conservator General of NNPS, Alhaji Haruna Tanko Abubakar made this call when he paid a courtesy call to the Director General of the Nigerian Tourism Development… Continue
Added by EMEKA AGINAM on September 2, 2010 at 9:05pm —
This year’s Osun Osogbo festival which ended last week Friday was an historic and significant celebration in the annals of the annual festival that started in 1370AD that there was no reigning monarch (Ataoja) on the throne to direct to affairs.
The grand finale at the grove, which was hosted by Governor Oyinlola, was an opportunity for the people to pay homage to the stool of the late Ataoja of Osogbo, Oba Iyiola Oyewale Matanmi lll that died recently.
Many had thought the… Continue
Added by EMEKA AGINAM on September 2, 2010 at 9:04pm —
By Udeme Clement
The Major Oil Marketers Association of Nigeria (MOMAN) has assured consumers of sufficient supply of petroleum products to all the regions of the country to prevent any form of scarcity in the last quarter of the year, noted for increase in frequency of movement of people.
The executive secretary of MOMAN, Mr. Femi Olawore, made this known in an exclusive chat with Vanguard in Lagos, explaining that supply is higher than demand right now.
He enthused, “the… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:57pm —
By Udeme Clement
The Chief Executive Officer, IRIS Medical Foundation, Prof. Paul Ojeih, has declared that 90 per cent of fake and substandard products including curative drugs coming into Nigeria on regularly basis are from China.
Ojeih, who claims to be running his indigenous companies with 100 per cent local content, made this disclosure in an exclusive chat with Vanguard in Lagos.
He explained that Standards Organisation of Nigeria (SON) is battling hard to curtail… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:54pm —
By Ikeoye OYETORO
STEEL and Engineering Workers Union of Nigeria, SEWUN, has called on the Federal Government to raise the tariff on imported finished goods into the country as a means of protecting the local manufacturing companies.
President-General of SEWUN, Comrade Emmanuel Adesanya who spoke at SEWUN 2010 Annual Industrial Relations Workshop with the theme “Strengthening Institutional Capacity for Employer-Labour Relations in a Developing (depressed) Economy: Steel and… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:46pm —
Dayo Johnson AKURE
ONDO State government plans to plant over 500 million trees this year just another one million trees would also be planted annually for the next three years in the State.
Governor Olusegun Mimiko made this known during the flag_off ceremony of the Tree Planting campaign in Akure.
He stated that government decided to take the initiative in order to sensitize the people on the benefits and advantages of planting trees and ornaments in our… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:43pm —
By Lucky Oji
Delta State government has empowered 177 persons in 17 cluster groups, under the Delta-Oceanic Micro Credit Scheme Account (DOMSA), including the leader of the Action Alliance political party.
The Executive Assistant to the Delta State Governor on Micro Credit, Dr. Antonia Ashiedu, said the action is a confirmation that the Delta Micro Credit Programme has no political undertones.
She said Governor Emmanuel Uduaghan, in setting up the Delta Micro Credit… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:42pm —
By Amaka Agwuegbo
The Managing Director of Aguda-Titun Microfinance Bank, Mr. Josiah Akapo, has urged microfinance banks (MFBs) operators to embark on debt recovery so as to boost their recapitalization efforts.
Speaking to Vanguard, Akapo said the increase in the debt portfolios of MFBs is as a result of the crippling economic crisis that led to the near collapse and closure of some small businesses.
“Most of the loans given to small business owners were lost due to the… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:35pm —
By Babajide Komolafe
President, Association of Bureaux De change Operators of Nigeria (ABCON), Dr Emmanuel Balogun, has assured that the naira exchange rate will remain stable in the foreign exchange market.
Last week, foreign exchange demand at the official market rose by 52 per cent,causing the naira to depreciate by 31 kobo at the official market.
Commenting on this development, Balogun said that there is no reason to be… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:33pm —
By Peter Egwuatu
Despite concentration of most of the banks to debt recovery occasioned by the ongoing banking reforms by the Central Bank of Nigeria (CBN), Fidelity Bank Plc has taken the bull by the horns to serve as catalysts to the nation’s industrial growth.
The Bank which was part of other banks that recently returned to profitability after losses made as a result of the full loan provisioning mandated by the apex bank has continued to lend to entrepreneurs and enterprises… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:29pm —
By Peter Egwuatu
The British High Commissioner to Nigeria, Bob Dewar has stressed the need for the Securities and Exchange Commission (SEC) to rebuild investors confidence.
Delivering a speech titled “ Managing markets: Governance and regulation in today’s context” during a courtesy visit to the SEC’s headquarter in Abuja on Tuesday, Dewar said, “like financial centres all over the world, Nigeria’s capital markets and banking sector have come under stress and the spot light in… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:27pm —
By Victor AHIUMA-YOUNG
MARITIME Workers Union of Nige ria, MWUN, has decried alleged delay tactics by Shell Petroleum Development Company, SPDC and Afren over the payment of Stevedoring charges being owed the mid-stream Stevedoring contractors, stalling the payment of wages to Dockworkers who are employees of the contractors.
At a briefing, President-General of MWUN, Comrade Anthony Emmanuel Nted, lamented that while some other oil companies had commenced payment, SPDC and Afren… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:24pm —
The ratio of impaired loans to total credit granted by South African banks remained unchanged at 5.9 per cent at the end of June compared with December 31, Errol Kruger, the registrar of banks, said.
Banking activity remained “subdued” by the end of June while profitability ratios at lenders stayed “compressed,” Kruger said in a copy of a presentation to lawmakers in Cape Town.
Assets held by the five largest banks declined 0.4 per cent to 2.72 trillion rand by the end of… Continue
Added by EMEKA AGINAM on September 2, 2010 at 8:19pm —
Cyberspace Network Ltd is a leading ICT solution provider that provides Internet and data connectivity, excellent value added ICT services and cutting edge networking & security solutions.
They are looking for suitable male/female candidate to fill the following position: Business Development/ Sales – Lagos/Abuja Code: MAL
a) Minimum of B.Sc/HND in any discipline, candidate having MBA will be… Continue
Added by Kelvin Peter on August 19, 2010 at 1:50pm —
The rate at which many small businesses collapse is of much concern. The world economic condition is impact more adversely on small Continue
businesses. One of the business types
easily started by people is the small grocery stores. These come in all shapes and sizes. There is the one small room provision
store. There are the large warehouse
size shops or supermarkets. There are
also the ones that are started by the house or…
Added by Francis Nmeribe on May 11, 2010 at 2:05pm —
I am new here and I am going to be sharing insights on the subject, financial freedom, a very exciting subject you must agree with me.
Many people mistake financial freedom for being rich but they are not the same, you can be rich with a lot of money and yet not financially free I define it as not needing to worry about money, money not being a hindrance in your decision making. Continue
Financial freedom comes when your Return on Investment is greater than…
Added by Emeka Egwim on April 21, 2010 at 2:58pm —