The Cross River State police command has deployed a team of anti-riot police men to Bogobiri, an area in Calabar populated by northerners, mainly Hausa Fulani. An armoured tank has been stationed in the area. Another team of policemen has also been dispatched to Nasarawa Bacoco which is about 14 kilometers from Bogobiri. The policemen are expected to ensure that…
Denrele leaves Soundcity Controversial Soundcity vee-jay, Denrele Edun, has confirmed his resignation from the popular urban music channel, Soundcity. The popular presenter, who is famous for his peculiar lifestyle as well as for impressively conducting many red carpet interviews for the music channel, revealed that he voluntarily left his job of six years to pursue some other personal dreams. "I…
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…
Now that we have chosen our president for the next four years, we will do well to think through what we can expect to feature on his to-do list, every day, until this stage is reached again at the start of the next election cycle. Ordinarily, it would help to start with the different planks on the party platform of…
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…
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…
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…
Importance of the polls This is the dawn of a new era. The beginning of the rise and rise of the ballot over the bullet; [and] this is the beginning of a new Nigeria where the power of the people will speak for the people and our country. And I think that we are matching on, we are doing very…
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…
In the 1970s and 80s, he was the most popular comedian in the land. Millions bought his records and thousands flocked to his live performances as he took his rib cracking show across the country. But today, Moses Olaiya, known to one and all as Baba Sala, is flat broke. Forced to retire to his hometown of Ilesha, in Osun…
You recently embarked on a financial literacy campaign that focuses on entrepreneurship. Could you explain what informed that decision? Unemployment is one of the greatest problems facing Nigeria today and I believe the best solution is through entrepreneurship. Nigeria needs entrepreneurs to help tackle unemployment and its associated ills. Employment by government agencies and multinationals cannot solve the problem of…
The Nigerian naira is seen firming in the next week to Wednesday if the country’s elections are credible and peaceful, while Kenya’s shilling could weaken due to dollar demand from the oil sector, traders said. NIGERIA Nigeria’s naira could start appreciating if Saturday’s presidential elections are credible and violence-free, with foreign investors likely to view a victory by incumbent President…
The management of Intercontinental Bank yesterday denied that there was a court order to seal up its headquarters on Danmole Street, Victoria Island, Lagos. Sources however confirmed that a former employee of the bank secured the order to seal up the place. Two employees of the bank who work at the headquarters corroborated that policemen came to the premises to…
A new national identity registration would begin after the elections, the National Identity Management Commission, said on Wednesday, after the initial efforts by the federal government years ago could not yield the desired results. Chris Onyemenam, the Director General, National Identity Management Commission, the guest speaker at the April edition of Information Value Chain Breakfast Forum, stated this at a…
15 April 2011 Manchester City will attempt to halt Manchester United's march towards an unprecedented second treble on Saturday when the bitter local rivals collide at Wembley in the FA Cup semi-finals. A mouth-watering encounter between the undisputed aristocrats of the Premier League and their nouveau riche neighbours will see City fighting to keep alive their last realistic chance of…