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  Latest Headlines
FG Sets Up Six New Fertiliser Plants

The Federal Government has called for a market alliance among oil and gas operators to be able to develop and maximise both the domestic and export markets....
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CBN Challenges Auditors On Bank Reporting

The CBN has tasked auditors on bank reporting and statements of account declaration as it issued new measures to guide investments in the post-consolidation era...
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Top Stories

Nigeria, China Sign $8.3bn Rail Contract...
After several weeks of delay, the Federal Government has finally signed a $8.3bn contract for the construction of a standard gauge railway line from Lagos to Kano with a Chinese firm, the China Civil Engineering Construction Corporation.


96 Die In Another plane crash in Nigeria...
Of the 105 people thought to be on board the ADC flight that crashed, 9 are said to have survived by the airline. The dead include the spiritual leader of Nigeria's Muslims, the Sultan of Sokoto, Alhaji Mohammadu Maccido...


Arik Air Takes To Flight...
Nigeria's new airline, Arik Air, will formally open the doors of its brand new CRJ900 aircraft to customers tomorrow, signaling a new dawn in the aviation industry.


FGC Ikot Ekpene Alumni Donate To
Alma Mater As Obasanjo Makes
Emphatic Statement on Unity Schools...


As President Olusegun Obasanjo yesterday laid to rest the controversy surrounding the sale of unity schools in the country, saying emphatically that the Federal Government will not sell any of its educational institutions, the United Kingdom Chapter of Federal Government Ikot Ekpene welcomed its Secretary, Uwem Inyang, from a visit to its alma mater...


Law Union & Rock Insurance Enters Abeokuta...
Law Union & Rock Insurance Plc has begun full-scale operations in Ogun State with the opening of a branch in Abeokuta, capital city of the state.


Banks Get Order To Adopt XML Electronic System Before 30th of November...
THE Nigerian Financial Intelligent Unit (NFIU) has given all the 25 banks that met the N2.5 million capitalization order by the Central Bank of Nigeria, CBN, November 30th 2006, deadline to phase out Microsoft Excel in place of XML (Extensive Mark-Up) or face sanction...


Columnist Weekly
Philip Emeagwali

IDEAS, NOT
MONEY,
GENERATE
CAPITAL FOR
POVERTY
ALLEVIATION.

Follow the thoughts of one of Africa’s greatest brains who was voted history's greatest scientist (#1) of African descent — and the 35th greatest African of all time — in a survey for the September 2004 issue of the London-based New African magazine. He won the 1989 Gordon Bell Prize, the Nobel Prize of supercomputing and in 2000 was extolled by Bill Clinton as “one of the great minds of the Information Age.”

Africa: Out-of-the-Box Thinking in an
 In-the-Box World

- By Philip Emeagwali

I once believed that capital was another word for money, the accumulated wealth of a country or its people. Surely, I thought, wealth is determined by the money or property in one’s possession. Then I saw a Deutsche Bank advertisement in the Wall Street Journal that proclaimed: “Ideas are capital. The rest is just money.”
...more


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Comment

PHCN & Online Electricity Payment System
By Chyke

This is a great achievement for the country. My only concern here is the motivation for this implementation...
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