Nigeria’s banking sector could see 20-25 percent loan growth over the next three to five years as demand for both consumer and infrastructure finance increases, the chief executive of Stanbic IBTC said. Chris Newson, head of the Nigerian unit of South Africa’s Standard Bank, said growth would be driven by Nigeria’s significant infrastructure finance needs as well as the emergence…
While it is not yet certain when the planned demutualisation of the Nigerian Stock Exchange (NSE) would take place this year, some market operators have urged that the process be transparent to restore investors’ confidence in the system. Demutualisation is transforming the NSE from being a self-regulatory organisation to a public organisation. Boniface Okezie, the national chairman of the Progressive…
7 March 2011 Kenny Dalglish has urged Liverpool to use the momentum from their impressive 3-1 win over Manchester United to spark a successful end to the season. Dalglish was able to savour the best result of his second spell in charge at Anfield on Sunday as Dirk Kuyt's hat-trick put United to the sword in convincing fashion. After a…
7 March 2011 The UEFA Champions League Round of 16 continues this week with four second round ties, the pick of which is the meeting of Barcelona and Arsenal at the Nou Camp on Tuesday evening. The Gunners claimed a stunning 2-1 win over the Spanish giants in the first leg last month, but they are still regarded as underdogs…
7 March 2011 A lifetime dream of watching Manchester United live in action at Old Trafford, aptly known as the Theatre of Dreams - is set to become a reality for Malose Kutumela this week, after winning the MTN8 Last Fan Standing competition, held during the MTN8 football competition at the start of the 2010/2011 season. The 8-day trip which…
Mr Adenigbo, through his chamber, Adenigbo of A.A Ojopagogo and Company accused the men of the NSCDC of allegedly brutalising Mr Adeleye at his office located along Hospital Road, Akure around 4.pm on 12th January, 2011. It was gathered that Mr Adeleye who is the Public Relations Officer of Suppliers Association of Ondo State, had bailed two members of the…
The Ondo State governor, Olusegun Mimiko, yesterday flagged off the dualisation project of Owo Township Road. The road project will cost the sum of N3.9 billion out of which N814 million has been paid to the contractor, CGC Construction Company Limited, to facilitate the timely completion of the project. Speaking at the ceremony, the governor told the people that the…
A leader of the Peoples Democratic Party (PDP) in Ogun State, Segun Alawode, yesterday advised the embattled governor, Gbenga Daniel, and his faction of the party, to close ranks with the party’s governorship candidate, Tunji Olurin, in the interest of their (Daniel’s group) political future. Mr. Alawode, a former candidate for the House of Representatives, who later withdrew for the…
Emem Isong produces dance movie Nollywood producer, Emem Isong is currently working on a dance movie titled ‘I’ll Take My Chances’. Speaking on the reason why she embarked on this project, Isong said ‘‘This project is one that is dear to my heart, because it is a film that’s centered around dance, which is what I actually specialised in when…
7 March 2011 Sunshine Stars have failed to close the gap on table-topping Dolphin after they were held to a 1-1 draw by relegation-threatened Crown FC in the Nigeria Premier League. The Sunshine Stars remain in second spot with 33 points, but they were expected to win on Sunday at struggling Crown to at least cut back an eight-point lead…
7 March 2011 After round 24 of the Absa Premiership Orlando Pirates are still on the top of the table, but only just as both Ajax Cape Town and Mamelodi Sundowns won their respective league matches and kept the pressure on the Buccaneers. At the bottom of the table MP Black Aces woes continued as they remain rooted to the…
7 March 2011 Former world youth best player Dominic Adiyiah is attempting to revive his career after securing a loan deal with Serbian giants Partizan Belgrade. The striker was hailed as the next big thing to hit African football after helping Ghana to win the U20 World Cup in 2009. He finished as the top scorer of the tournament held…
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The All Nigeria Peoples Party (ANPP) says it will go ahead to flag off its zonal presidential campaign in Abakaliki, the Ebonyi State capital today, despite the ban placed on it by the state governor, Martins Elechi from campaigning in the state. Mr. Elechi, who is a member of the Peoples Democratic Party (PDP) had, in a broadcast last week…
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;} Thousands of members of the Peoples Democratic Party (PDP) in Ondo State at the weekend defected to the…