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Govt denies withdrawal of N14.9b auto, sugar funds
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From Emeka Anuforo, Abuja
GOVERNMENT at the weekend, denied reports that N14. 9 billion was withdrawn from the National Automotive Council and the National Sugar Development Council special accounts by the then President Olusegun Obasanjo.
Chinese manufacturing data boosts oil prices
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WORLD oil prices rallied yesterday, partly boosted by positive manufacturing data from China, which is the world's second biggest energy consuming nation after the United States.
Fidelity Bank earnings rise by 33 per cent
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THE first quarter result of Fidelity Bank Plc released at the weekend shows that the bank declared a profit in the period between July and September 2009.
Union Bank to pay more attention to customers' needs
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UNION Bank of Nigeria Plc has pledged to its high valued customers in Lagos to ensure that their needs and aspirations will continue to remain paramount at every level of banking.
Air traffic controllers want navigational facilities upgraded
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By Wole Shadare
AIR traffic controllers, under the aegis of the Nigerian Air Traffic Controllers Association (NATCA), have urged government to speed up action for the enhancement of navigational aids in the country.
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Aviation ministers back consolidation to bail out sector
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From Oghogho Obayuwana, Abuja
UNIMPRESSED with the magnitude of the challenges still plaguing the aviation sector in West and Central Africa, the Council of Ministers responsible for Civil Aviation from the two regions ended its one-day meeting in Yamoussoukro, Cote d'Ivoire at the weekend, with a resolve to push for greater consolidation as one of the surest ways to bail out the sector.
Minister to monitor budget implementation in area councils
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From Terhemba Daka, Abuja
FOLLOWING reports of alleged decay in the system, the Minister of State in the Federal Capital Territory (FCT), Chief Chuka Odom will, from Thursday this week, embark on tour of all the six area councils in the territory to assess the ongoing projects in the Councils.
Academics canvass corporate governance practice in banking, public sectors
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By Laolu Adeyemi and Rosemary Okoida
ACADEMICS in Nigeria have reiterated their unconditional support for the enforcement of corporate governance practice in the nation's public and private sectors, saying such stringent measures would absolutely reduce fraud, mismanagement and flagrant abuse of laws in the system.
Vibrant civil service key to national development, says Edozien
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FORMER Chairman of the Securities and Exchange Commission (SEC), Chief John Edozien, has emphasised the need for the Federal Government to reform the civil service, stressing that the service holds the key to good governance and national development.
Foundation, NNPC donate equipment, cash to the physically challenged in Imo
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From Charles Ogugbuaja, Owerri
TOUCHED by the suffering being experienced by thousands and millions of physically challenged persons in Imo State, a newly formed foundation by the name "Kpapkando Foundation for the Physically Challenged Persons", in conjunction with the Nigeria National Petroleum Corporation (NNPC), at the weekend in Owerri donated equipment, including 200 clutches, 50 wheel chairs, five motorised tricycles, 10 hand bicycles and two sewing machines to some of the challenged ones.
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