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NNPC: Senate Wades into Insolvency Controversy

  From Kunle Akogun in Abuja, 07.16.2010    The Senate yesterday waded into the controversy surrounding the solvency or otherwise of the Nigerian National Petroleum Corporation (NNPC), asking its Committees on Petroleum (Upstream and Downstream) to find out the true position and report back in a week’s time.   This […]

Babalola advocates fiscal prudence for govt … As FG, states, LGs share N413bn from Federation Acco

  Written by Gbola Subair, Abuja Friday, 16 July 2010   The Minister of State for Finance, Mr. Remi Babalola, has canvassed the institutionalisation of fiscal prudence at all tiers of governance in line with the provisions of the Fiscal Responsibility Act (FRA) 2007.He disclosed that fiscal prudence would assist […]

Unity Bank extends rights issue offering by two weeks

  Friday, 16 Jul 2010      Unity Bank Plc has said it has secured an approval of the Securities and Exchange Commission to extend its rights issue offering by two weeks.The bank said in a statement in Lagos on Wednesday that the closing date for the offering would now be […]