Demutualisation plans stir capital market

Plans to demutualise the Nigerian Stock Exchange (NSE) seem to be bringing major capital market parties into collision. The procedure to demutualise the NSE, which has been on the drawing board since the last three years, means that its shares would be sold to the public and listed on its daily official list. However, since the plan was mooted, it…

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Countries try to bridge economic policy rift

International Monetary Fund (IMF) member countries sought to bridge sharp differences over the global economy, acknowledging that rising inflation in emerging markets poses a risk to rich countries too. Addressing one of their biggest challenges, the 187 IMF nations on Saturday recognised the alarm among developing countries about huge inflows of speculative cash that are stoking their growth but also…

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Low turnout as Kwara opposition accuses PDP of intimidation

The turnout of voters for the presidential election in Ilorin, the Kwara State capital, was generally low compared to the National Assembly election held last Saturday April 9. There was light vehicular movement around the state, and some shops were open for business. It was also noticed that only a few party agents were at the voting stations. The agents…

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Anambra politicians unite for Jonathan

Politicians in Anambra State yesterday discarded their different political differences to root for the presidential candidate of the People’s Democratic Party Goodluck Jonathan as he looks set to sweep the stakes in the state. It would amount to something of a miracle if the president does not win by a wide margin in the state as even the All Progressives…

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eLDee presents ‘Top Talent’

Trybes Records boss and performing artist, eLDee, presents young music hopefuls with an opportunity to get sponsorship with the new Trybes Records initiative, ‘Top Talent’. “It is a platform for unsigned Nigerian artists of all genres that allows for them to showcase their talent and possibly get a record deal. The contest requires unsigned talent to enter an mp3 song…

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