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…
“Thirty-one states, 1,618 languages, 6,400 castes, six religions, six ethnic groups, 29 major festivals, that’s my country, India!” Vijay appeared to have sent these credentials with pride. Recognizing familiar comparative diversities and complexities of India and Nigeria, it is to the former’s credit that there’s never been a military intervention, only assassinations. We’ve had both. Despite a polarized religious landscape,…
The traditional ruler of Calabar Municipal Council, Thomas Ika-Ika Oqua, has appealed to the Independent National Electoral Commission to ensure that the problem of missing names from the voters' register is corrected before the presidential election this weekend. Mr Oqua who was a victim said he was denied his vote due to the inability of the INEC ad hoc staff…
Results of last Saturday's parliamentary election in Ondo State came as a shock to many, as they produced new political leaders to represent the state in the National Assembly. The results released by the Independent National Electoral Commission in some cases proved analysts wrong. The hitherto Peoples Democratic Party-dominated National Assembly is now to be controlled by the Labour Party,…
15 April 2011 Barcelona and Real Madrid have had a bitter rivalry dating way back to 1902 and they are braced to face each other four times in an 18-day period that will define their respective seasons. Football fans around the globe will be treated to four instalments of 'El Clasico', arguably the biggest game in football, with the two…
14 April 2011 FC Porto led an Iberian lock-out of the Europa League semi-finals on Thursday, Jose Mourinho's former charges brushing aside Spartak Moscow. Under Mourinho, Porto captured the 2003 UEFA Cup and the Champions League the following year, and they edged closer to claiming Europe's second tier club competition again with a 5-2 drubbing of Spartak Moscow for a…
Youth from Ogun West senatorial district have threatened to deal with the two candidates from the area contesting for the governorship seat in the state, if their "stubbornness" over who becomes next governor costs the region the coveted seat. Tunji Olurin, of the People's Democratic Party {PDP}, and Gboyega Isiaka, of the People's Party of Nigeria {PPN}, hail from the…
The chances of the People's Democratic Party winning the April 26 governorship election in Kaduna State are slim, an investigation has revealed. There has been tension and uncertainty in Governor Patrick Yakowa's campaign council since last Saturday's National Assembly election, in which the Congress for Progressive Change (CPC) almost swept all the contested seats in the state. The performance of…
A former governor of Bauchi State, Adamu Muazu, lost his ward and local government to the opposition party in last Saturday's parliamentary elections. Even though his party, the People's Democratic Party, won the Bogoro/Dass/Tafawa Balewa federal constituency in the House of Representatives, Mr Muazu failed to deliver his local government to the PDP. According to election results announced in Tafawa…
Military police fired tear gas on Thursday to disperse a crowd of more than 1,000 marching to the centre of the Ugandan capital, Kampala, in protest against steep rises in food and fuel prices, Reuters witnesses said. Opposition leader, Kizza Besigye, President Yoweri Museveni's closest rival in February elections, marched with the demonstrators, who had gathered in a Kampala suburb…
Uncomfortably high oil prices, unsustainable sovereign debt burdens, and Japan's uncertain future cloud the global economic outlook, as world finance leaders gathered yesterday. Group of Seven members, who met behind closed doors in the evening, tried to assess the economic damage from Japan's earthquake to uprisings in the Arab world. "There's very high uncertainty about Japan's outlook," said Naoyuki Shinohara,…