As more banks reel out their 2010 year end reports, industry watchers have observed that the sector has shown remarkable improvement and signs of quick recovery from the impact of the 2009 financial crisis. Most of their earnings are back in the green, although it has not been an entirely smooth ride. Finance experts think investors should keep an eye…
23 April 2011 The Nigeria Football Federation have doubled the win bonus of the national U-20 team, Flying Eagles, ahead of their must-win Group B match against Gambia on Sunday at the African Youth Championship in South Africa. At an afternoon meeting with other top NFF officials in Johannesburg on Friday, NFF president Aminu Maigari approved that the players should…
Apart from answering the nagging question of who will occupy the ‘Lion Building' government house for the next four years, Tuesday's governorship/house of assembly election in Enugu State will achieve two other main objectives. First, it will confirm the supremacy of one of the political parties operating in the state. Secondly, it will put to rest the issue of superiority…
Another set of 53 Nigerians were deported from the UK on Thursday after allegedly serving various jail terms for immigration-related offences. The News Agency of Nigeria (NAN) learnt that the deportees arrived at the cargo terminal of the Murtala Muhammed International Airport at about 6am aboard a special flight. An immigration source at the airport told NAN that the deportees…
The Lagos State Police Command on Thursday said that adequate security arrangements have been put in place for the Good Friday and Easter Sunday celebrations. The Lagos State commissioner of police disclosed this to the News Agency of Nigeria (NAN) while answering questions on the police’s preparedness for the season. “All area commanders, divisional police officers and other senior officers…
CBN governor, Sanusi Lamido Sanusi, on Wednesday, restated the commitment of the apex bank to building a virile financial system in the country. Mr Sanusi made the statement at a public hearing on bills to establish the Nigerian International Financial Centre (NIFC), Office of the Nigerian Financial Obudsman, and National Alternative Dispute Resolution Commission. The hearing was organised by the…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday called for full deregulation of the energy sector to address problems of scarcity of diesel and kerosene. Olumide Ogunmade, chairman, western zone of IPMAN, told the News Agency of Nigeria (NAN) in Lagos that the failure of government to attract investors to the sector contributed to scarcity of these products.…
The marketplace has become highly dynamic and vibrant and as a result, brand strategies should focus on aligning with changing market realities. It is evident now that old strategies may not work again with the present scenario in the marketplace. Competition has become stiff and consumers are more discerning than before. Unlike before, brand strategies should focus on raising consumer…
22 April 2011 Nigeria coach Samson Siasia will include Arsenal starlet Chuks Aneke when he names the squad to battle Argentina in Abuja on June 1. Last week, Siasia convinced the young midfielder, who has represented England at Under 18 level, to switch his international allegiance to Nigeria, and has now said he will bring him in as early as…
21 April 2011 Arsenal goalkeeper Wojciech Szczesny insists his side are mentally strong enough to win the Premier League title race. Arsene Wenger's side squandered another chance to close the gap on leaders Manchester United as they blew a 3-1 lead in Wednesday's 3-3 draw against Tottenham at White Hart Lane. Szczesny, 22, was partially responsible for Arsenal's latest meltdown…
22 April 2011 Carlo Ancelotti has admitted misfiring striker Fernando Torres could return in place of in-form Didier Drogba for Chelsea's vital London derby against West Ham on Saturday. Ancelotti's side have been revitalised since the Italian dropped Torres and recalled Drogba, with successive wins over West Bromwich Albion and Birmingham lifting Chelsea back into the title race. Torres has…
The Labour Party in Ondo State has a tough task ahead as it battles to win the seats in the House of Assembly election coming up on April 26. Many analysts say the contest will be between the LP and the People’s Democratic Party (PDP). When the state was ruled by the PDP, majority of the House of Assembly members…
Pensioners in Kwara State Wednesday staged a peaceful demonstration in front of the Court of Appeal over the prolonged adjournment of their case with the state government. The pensioners carried placards with various inscriptions such as “Bukola pay us our pension arrears”, “Saraki spent N690 million on election,” “pensioners are dying on a daily basis” among others. It would be…
A Benin High Court, headed by Justice Roland Amaize, has granted an injunction stopping the proposed installation of Augustine Obiora Akubeze as the Catholic Archbishop of Benin Archdiocese on the 28th of April 2011. The Edo Liturgical Group had insisted that a bishop of Benin extraction should be installed as Archbishop of Benin Metropolitan See, claiming that since 1485, when…
Stingomania’s frontline act, Oladimeji Umoru, who is also known as Trybson, has a sociology degree from the University of Ilorin. The hip hop act who, until now, was known only for his debut album ‘Dudukoko’, is currently getting positive media attention for playing the lead role in the Ope Banwo-produced Dagrin biopic, ‘Ghetto Dreamz’, which premieres today at the Silverbird…