Monthly Archives: August 2018

Federal Mortgage Bank Seeks N500bn Recapitalisation

The Federal Mortgage Bank of Nigeria (FMBN) plans to recapitalise to the tune of N500 billion, its Managing Director, Ahmed Dangiwa, has said. Dangiwa, who spoke with State House correspondents after a closed door meeting with Vice President Yemi Osinbajo, at the Presidential Villa, said the recapitalisation would boost service …

Read More »

Ogun Assembly Majority Leader Joins Reps’ Race

ABEOKUTA – Adeyinka Mafe, the majority leader of Ogun State House of Assembly has made known his intention to contest the seat of Remo Federal Constituency at the House of Representatives in 2019. Mafe, in a letter of intent, addressed to the Chairman of All Progressives Congress in Sagamu Local …

Read More »

Nigeria Air is waste of resources, says Ezekwesili

A former Vice President of World Bank, Dr. Oby Ezekwesili, has described the plan by the federal government to establish a national carrier, Nigeria Air, using public funds as a waste of resources. Ezekwesili, who spoke on an African Independent Television (AIT) programme Monday, said government’s plan to fund the …

Read More »

Rep Lar cautions PDP against change of name

A Member of the House of Representatives, Beni Lar (Langtang North/South), has advised the PDP not to change its name. Lar, who said such move could be counter-productive, added that it might not advance the course of the party as being adduced in some quarters. Speaking with newsmen in Jos, …

Read More »