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BASA FUND: The many lies against the Minister of Aviation

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A certain Saint Mienpamo obviously a fictitious name writing under the auspices of another non-existent Bayelsa New Media Team and their cohorts have continued to wage an online media war on the Ministry of Aviation,

DEVELOPMENT PARTNERS HOLD NIGERIA URBAN SUMMIT IN SEPTEMBER 2012

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Year 2012 seems to be the year of celebrating cities worldwide. Nigeria is no exception as development partners in the built environment have come together to hold the Nigeria Urban Summit this year at the Transcorp Hilton Hotel from 23rd to 26th September 2012.

Nigeria interbank rates jump as CBN tightens liquidity

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Nigeria's interbank lending rates jumped this week to an average of 17 percent from 14.08 percent last week after the central bank introduced further liquidity tightening measures to support the local currency and curb inflation.

President Jonathan Fires MD, Nigeria Ports Authority

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President Goodluck Ebele Jonathan has fired Omar Suleiman from his Managing Director position at the Nigerian Ports Authority (NPA) with immediate effect, an emailed statement from the Presidency this evening.

Nine Nigerian Banks make top global 1000 banks

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Nigeria’s top nine banks that featured in the Banker’s top global 1000 banks 2012 have a combined tier one capital of $11.699 billion as against the $11.332 billion they had in last year’s top 1000 banks. This showed a slight improvement in the tier one capital of the Nigerian banks.