Top News Story
Recapitalization: Shareholders Reject Local Banks
- By Kayode Ogunwale
- Published August 30th, 2010
- News
- Unrated
SHAREHOLDERS under various shareholder groups have opposed the sale of
the bailed-out banks to any local banks, BusinessWorld can
authoritatively report.

(L-R) Reginald Ihejiahi, MD/CEO, Fidelity Bank Plc and President Goodluck Jonathan at last week's commissioning of GZI can manufacturing plant financed by the bank at Agbara, Ogun State.
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U.S Agency Tests for Lead Poisoning in Zamfara
- By Williams Ekanem
- Published August 30th, 2010
- News
- Unrated
INTERNATIONAL health officials and environmental experts are expanding
testing for lead poisoning in a remote northwestern region of Nigeria
where contamination from unmonitored gold-mining practices has killed
at least 163 people, most of them children.
Nigeria’s Economy to Overtake Canada’s by 2050 – Jacob Zuma
- By Abimbola Tooki
- Published August 30th, 2010
- News
- Unrated
MR. Jacob Zuma, South Africa’s president, has predicted that if
Nigeria, which currently has about 20 per cent of the entire African
population, could get “everything right,” its economy alone may be
bigger than any of Canada, Italy or South Korea by 2050.
Hoteliers in FCT Lament Ban on Commercial Sex Workers
- By Henry Iortim
- Published August 30th, 2010
- News
- Unrated
SMALL scale hotel operators in the Abuja are now lamenting the recent ban placed on commercial sex workers in the capital city.
PHCN Privatisation: NCP to Adopt Core Investor Strategy
- By Simeon Ogoegbulem
- Published August 30th, 2010
- News
- Unrated
ALL seem to be set for the privatization of the power sector of the
economy as the National Council on Privatisation (NCP) has approved
core investor sale strategy for the privatisation of the eleven
distribution companies created out of Power Holding Company of Nigeria
(PHCN).
