Obiano to unveil new book on Anambra light bearers

Governor Willie Obiano of Anambra State will today unveil a book titled, ‘Icons of Anambra State’. The publication, sponsored by three leading banks, traces the resilience and enterprise that made the state to produce the highest number of achievers in Nigeria since the 20th century. The 317-page book written by a researcher and biographer, Mr. Uchechukwu Elugu, details the lives and times of some remarkable men and women, who made the difference to make Anambra the leading state in the South East. Anambra, which prides itself as “The Light of…

Read More

Need for transparency in NSE’s demutualisation

With demutualisation of the Nigerian Stock Exchange (NSE) finally approved, there’s need for transparency in the implementation of the programme. Chris Ugwu writes In charting the course of actualising a world class market and also ensuring that enough time is allowed and due process followed, members of the NSE, after many years of consultations, recently consented to demutualisation of the Exchange. The approval will enable the local bourse to finally achieve its goal of converting from non-profit organisation to profit-making entity. The idea of demutualising NSE was mooted in 2001…

Read More

Hong Kong: Nigerian consulate in N11.76m rent scandal

Despite allocating the sum of N32.57 billion for the maintenance of foreign mission in 2016 fiscal year, the Nigerian consulate in Hong Kong is facing a law suit for more than N11.76 million (HK$290,000) in unpaid rent and management fees for a flat owned by a company connected to once Asia’s richest woman, the late Nina Wang Kung Yu-sum. Last year, out of the N49.526 billion allocated to the Ministry of Foreign Affairs, the 119 foreign missions got the lion’s share of N32.571 billion. The consulate had not paid fees…

Read More