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Govt Plans N100b Boost for Power Supply

Nigeria's quest for more efficient power supply for consumption is set to be realised. Reason: The Federal Government has concluded plans to inject over N100 billion into various projects to resuscitate them and remove clogs in the power distribution networks...
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Access Bank Wins Maritime Award

Access Bank Plc has won this year’s Maritime Quality Service Award with the boosting of the nation’s shipping and other maritime related businesses with its On-Line Shipping Document Tracker...
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Top Stories

Banking Boosts Market Turnover By 85.59%...
Trading on the Nigerian Stock Exchange (NSE) was boosted last week by the Banking sub-sector accounting for 85.59 per cent of the market turnover...


Nigeria Spends $2 Billion Annually On Wheat...
Nigeria relies on importation of wheat to the tune of $2 billion annually to feed its 150 million population. Former National Chairman of the Peoples’ Democratic Party (PDP) Audu Ogbe, disclosed this at the Annual Accountant conference organized by the Institute of Chartered Accountants of Nigeria (ICAN)...


NDIC Cautions Banks On Cross Border Expansion…Says
Banks’ Risk Management Framework Inadequate...

Nigeria Deposit Insurance Corporation (NDIC) has cautioned banks against concentrating their cross border expansion programme in one region of the continent...


International Trade Fair Complex, Lagos

Lagos International Trade Fair Opens...

The 20th Lagos International Trade Fair was opened in Lagos on Friday. Femi Deru, Vice President of the Lagos Chamber of Commerce and Industry (LCCI) that organizes the fair, said the fair would attract about 800 exhibitors...


Reltelwireless Expands Its Operations...
Reltelwireless, a leading Private Telephone Operator (PTO) which recently extended its operations to the Federal Capital Territory has launched an aggressive service rollout plan...


Briton, American Kidnapped From Oil Ship in Bayelsa State...
An American and a Briton working for Norwegian oil services firm Petroleum Geo-Services (PGS) were kidnapped in the Niger Delta region, officials confirmed.


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.”
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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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