CBN lists fresh terms for banking licence
By Gbenga Agbana, Helen Oji (Lagos) and Mathias Okwe (Abuja)
PROSPECTIVE investors in the nation's financial sector may have to contend with additional conditions to secure a banking licence, as the Central Bank of Nigeria (CBN) raised the bar for eligibility.
Head, Public Affairs Section, U.S. Consulate, Mary Lou Pizzaro Johnson(left), Prince Yemisi Shyllon of Omoba Yemisi Shyllon Foundation (OYSAF) and President, Society of Nigerian Artists(SNA), Dr. Kolade Oshinowo at the opening of 1st National Festival of Arts at the National Gallery, Onikan, Lagos... yesterday.
PHOTO: CHARLES OKOLO
INEC warns parties over consensus candidature, electoral laws
From John-Abba Ogbodo (Abuja) and Clifford Ndujihe (Lagos)
THE Independent National Electoral Commission (INEC) yesterday warned that it would no longer tolerate imposition of candidates by political parties. It also cautioned them against flouting other electoral laws.
How to end Niger Delta crisis, by Anyaoku, Uduaghan, others
From Kelvin Ebiri and Rose Ann Chikereuba (Port Harcourt), Hendrix Oliomogbe (Asaba) and Kamal Tayo Oropo (Lagos)
AN overhaul of the nation's security system, election of credible leadership, a better anti-corruption crusade, dialogue with militants and sincerity on the part of the Federal Government in addressing the problems affecting the Niger Delta have been listed as steps to end the festering crisis in the region.
Yar'Adua not hospitalised in S'Arabia, says govt
From Alifa Daniel, Asst. Political Editor, Abuja
THE health of President Umaru Musa Yar'Adua is in the news again. And the Federal Government has said that contrary to speculations concerning the state of the President's health, he was actually well and would return home soon.
28 officers sue army authorities over detention
From Julius Alabi, Akure
TWENTY-EIGHT military officers who served in the United Nations peacekeeping force in Liberia in September 2007 have dragged the Nigerian Army before an Akure High Court in Ondo State over their alleged unlawful detention shortly after they protested the non-payment of their entitlements after they returned from Liberia.
AFRICA
Opposition denounces Mugabe's plan to form govt
ZIMBABWE'S opposition has vowed not to join any new government with President Robert Mugabe until power-sharing talks are concluded, after the 84-year-old declared he would name his own cabinet.
Hijackers of Darfur plane surrender in Libya
THE two hijackers who commandeered a jetliner from Sudan's Darfur region and diverted it to a remote desert airstrip in southern Libya have surrendered after a 22-hour stand-off.
WORLD
Thailand issues arrest warrants to quell protests
AUTHORITIES in Thailand yesterday issued arrest warrants for protest leaders besieging the main government complex to find a peaceful end to the anti-government rallies.
UN tasks South Asian governments on child trafficking
A NEW United Nations (UN) report has urged stronger legal protection for children from trafficking in South Asia.
POLICY & POLITICS
How PDP can get Atiku back into its fold, by Kaita
HOW is the Action Congress faring now in view of the alleged overbearing posture of the ruling Peoples Democratic Party (PDP)?
ARTS
Piracy level in Nigeria is 58 per cent, reveals survey
By Kabir Alabi Garba
IN SPITE of the efforts of the Nigerian Copyright Commission (NCC) to combat piracy, especially through the instrumentality of the Strategic Action Against Piracy (STRAP) initiative, the piracy level in Nigeria, at present, is put at 58 per cent. This revelation is contained in a survey conducted by the NCC in collaboration with the Ford Foundation.
Editorial
Joint Tax Board and the National Tax Policy
THE Joint Tax Board recently conducted regional sensitisation workshops on the proposed national tax policy and invited memoranda from the public. The draft document proclaims that "the overriding objective of the Nigerian tax system is to achieve economic growth and development.
Fashion
How to wear white
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By Nike Sotade
WEAR white, don't let it wear you. Here are some useful tips on how to spot a white trend without getting overwhelmed by it.
Auto Wheels
Audi T T flaunts improved wheelbase, safety innovations
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THE new 2008 Audi TT is longer by almost five inches and a bit wider and taller. Wheelbase and front/rear track dimensions have grown by about two inches. But because of the extensive aluminium content in the TT's structure (69 per cent by weight), torsional rigidity is up and overall curb weight is down.
Food & Drink
A taste of the Orient
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The focus of the entire world is currently fixed on China, where the Olympic is being hosted this year.