FRIDAY, 25 JUNE 2010  BY   Elder statesman, Dr. Christopher Ogunbanjo, has decried the country’s lingering poor power supply situation, saying the trend would continually impact negatively on the profitability of businesses operating in the country.   Ogunbanjo, who is also the Chairman of Beta Glass Plc, said at […]

  From in Abuja, 06.25.2010    The House of Representatives yesterday demanded from President Goodluck Jonathan a new revenue allocation formula because the existing formula for the disbursement of revenue accruing to the Federation Account had become obsolete.     The House unanimously adopted a resolution on the issue  and […]

  From Kunle Akogun in Abuja and Emele Onu in Lagos, 06.25.2010   The Federal Government and the Central Bank of Nigeria (CBN) are to lose an estimated N878 billion of the N1.35 trillion they plan to inject into the purchase of the non- performing loans of ailing banks through […]