The new chief executive officer (CEO) of the Nigerian Stock Exchange (NSE), Oscar Onyema, said his agenda for the market will soon be unveiled to the public. Mr. Onyema, 43, who assumed office officially yesterday, as the fourth CEO of the NSE, told NEXT that he has developmental plans for the market but "will soon address the general public" on…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} The Central Bank of Nigeria, yesterday, said it is closer to achieving its target ratio of less than…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} The economic plans of the presidential candidate of the All Nigeria Peoples Party (ANPP), Ibrahim Shekarau, for Nigeria,…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} In this interview, the director general of the National Office for Technology Acquisition and Promotion (NOTAP), says billions…
Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-priority:99; mso-style-qformat:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin-top:0in; mso-para-margin-right:0in; mso-para-margin-bottom:10.0pt; mso-para-margin-left:0in; line-height:115%; mso-pagination:widow-orphan; font-size:11.0pt; font-family:"Calibri","sans-serif"; mso-ascii-font-family:Calibri; mso-ascii-theme-font:minor-latin; mso-fareast-font-family:"Times New Roman"; mso-fareast-theme-font:minor-fareast; mso-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} African immigrants sent home over $40 billion (N6 trillion) in remittances last year, according to a new joint…
The south-west zone of Independent Petroleum Marketers Association of Nigeria (IPMAN) will soon acquire a storage facility to ease distribution, Olumide Ogunmade, the south-west chairman of the group, said. He told the News Agency of Nigeria (NAN) in Lagos on Monday that the aim of IPMAN owning a facility was to reduce difficulties often encountered by members in times of…
The naira and its $500 million Eurobond could come under pressure in the coming days as the postponement of national elections unnerves investors, traders and analysts said on Monday. Africa's most populous nation postponed parliamentary and presidential elections by a week on Sunday, after failing to get logistics prepared in time, a major embarrassment for a nation hoping to break…
Nigeria may have foreclosed any plans to explore nuclear energy as an alternative source of electricity power generation. Minister of state for power, Nuhu Wya, who gave this hint in Lagos, said the country would explore other means of power generation in which it has comparative advantage. Responding to a question at the power conference held in Lagos last week,…
5 April 2011 The possibility of playing the rest of the Egypt premier league season behind closed doors or on pitches inside military camps has been suggested by the country's football association in the wake of a violent crowd invasion at the weekend. The league was due to restart on April 13 but has now been postponed indefinitely in the…
5 April 2011 After months of your nominations and votes, we finally settled on our MTNFootball.com All-Time African XI, which you can see here! However, we have had a ton of feedback from readers wanting to have their say. Here is a selection for you, why not tell us what you think! MTNFOOTBALL.COM READER FEEDBACK: From Bashar Kanoma:Make no mistake…
The N200 billion given to the Independent National Electoral Commission by the federal government since 2009, in terms of budgetary and supplementary budgetary allocations, to enable it prepare credible elections, has become one huge waste, says a civil society group, International Society for Civil Liberties and the Rule of Law (Intersociety). Speaking to NEXT yesterday in Awka, Anambra State, the…
An appeal against the emergence of Governor Adebayo Alao-Akala and some other members of the Peoples Democratic Party (PDP) in Oyo State suffered a setback on Monday as counsel failed to execute a court order properly. The Court of Appeal had, at its sitting last week, ordered that the Deputy Chief Registrar of the Federal High Court, Ibadan be directed…
The Ogun State Police Command yesterday read a riot act to suspected political thugs ahead of the rescheduled general elections, warning that the command had perfected the security network in its domain to deal ruthlessly with anyone caught. The Commissioner of Police newly deployed to the state, Olayinka Balogun, made this known after a meeting with all Area Commanders, Divisional…
Cote d'Ivoire's weather last week was ideal for the development of the April-to-September mid-crop with both rain and sunshine, but political instability has disrupted the harvest, farmers and analysts said on Monday. This year's mid-crop cocoa was expected to be larger compared with last season. But a violent political standoff in the world's top cocoa producing nation after a disputed…
Eni's chief executive has contacted rebels in Benghazi about energy cooperation, as the Italian oil and gas group moved to protect its role as the leading foreign oil operator in Libya. Eni's efforts were supported on Monday by Italy giving Libyan rebels its full backing. CEO Paolo Scaroni had phone contact with representatives of the rebels' National Transitional Council in…