EXCL: Benfica spoil for Taiwo ‘war’

18 May 2011 Benfica could block the much-publicised transfer of Nigeria international Taye Taiwo to Italian champions AC Milan as he has signed a pre-contract with the top Portuguese club. Taiwo, 26, is a free agent in the summer after he refused to renew his contract with French club Olympique Marseille, but MTNFootball.com has now been told that Benfica had…

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Council arrests 61 persons over sanitation offences

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No fewer than 61 persons have been arrested and tried by the Mobile Court sitting in Afuze in Owan East Council Area of Edo State over sanitation offences. Braimah Abdulsalami, the Head, Environmental Department of the Council, disclosed this on Monday in Afuze, Edo, while inspecting the refuse dumps at Warake community. Mr Abdulsalami said that 30 of the people…

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ASUU calls for review of elected public officers’ pay

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The Academic Staff Union of Universities (ASUU) on Monday advocated a review of the remuneration of elected public office holders which, according to the body, was "a pathway to solving Nigeria's sociopolitical predicament". Addressing a news conference at the end of its two-day national executive council meeting at Ahmadu Bello University (ABU), Zaria, the association's president, Ukachukwu Awuzie, described the…

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Man dies over ex-student’s election defeat

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A former vice principal of Jamat Nasir Secondary School and a native of Omu-Aran in Irepodun council of Kwara State, Lekan Adedayo, 57, had plans to venture into politics after his retirement, which he didn’t shy away from sharing. Perhaps reckoning it a launching pad for his own political ambitions, he lent his full support to the bid of his…

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‘Stock market still underperforming’

Some market operators have said that despite the current positive trend been witnessed at the Nigerian capital market, the nation's bourse is still underperforming. Bismarck Rewane, managing director of Financial Derivatives Company Limited, a business consultancy firm, said in spite of the upward trend in the market because of "impressive earnings announcements that spur investors, the lack of market depth…

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Government commences data collation on Nigeria’s export-import trends

The federal government has commenced inter-agency collation of data on the country's commodities export-import trend required for the development of agribusiness and agro-allied industries. The data which involve all commodities for the period between 2005 and 2010 for their respective distributive zones, are required by the Committee on Africa's Agribusiness and Agro-business Development Initiative (3ADI) to help realise its mandate.…

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Former finance minister appointed World Bank director

Former finance minister, Mansur Muhktar, has been appointed alternate executive director of the World Bank. He joins former finance minister, Ngozi Okonjo-Iweala and former minister of education, Obi Ezekwesili at the 67-year-old global financial institution. Muhktar's appointment, which is a full-time position in Washington, follows the recent creation of an additional seat for Africa region on the board of the…

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