The market capitalisation of equities at the Nigerian Stock Exchange, on Monday, bounced back by 0.26 per cent, making it the third consecutive day of growth. The NSE market capitalisation of the 201 First-Tier equities closed yesterday at N8.536 trillion after opening the day at N8.514 trillion, reflecting over N22 billion gains. About N77 billion has been recovered in the…
22 February 2011 Rock-bottom club JUTH FC sent massive shock waves across the Nigeria Premier League Monday with a 2-1 home win over defending champions Enyimba. This was De Healers first win of the year and only their second victory in 16 matches since their return to the top flight this season. It was also a result that lifted them…
22 February 2011 You can follow Live Play-by-Play coverage of the 2011 CHAN semifinals on MTNFootball.com with the first match between Algeria and Tunisia at 14h00 GMT and the second between Sudan and Angola at 17h30 GMT. The 2011 African Nations Championship semifinals take place in Sudan today and the coaches of the four participating teams all believe they have…
Schools in Boje and Nsadop communities in Boki Local Government Area of Cross River State have reopened for the first time since August 2010, when the two communities went to war over farmland. The communal clash sparked off by the invasion of Nsadop by warriors from Boje, left the two sister communities in confusion and schools were forced to close…
The Minister of Niger Delta Affairs, Godsday Orubebe, yesterday said with the amnesty programme of the Federal government, youth in the region have discovered that it is necessary to embrace peace in the area. The minister was in the state for the grand finale of “Youth Empowerment through Entertainment” organized for youth in the nine Niger Delta states. Mr. Orubebe…
Ogun State governor, Gbenga Daniel yesterday began his valedictory tour of the state saying he remains the longest serving governor since the creation of the state 35 years ago. Mr Daniel also said he will continue to fight former President, Olusegun Obasanjo over who takes over from him on May 29, 2011. Mr. Daniel who commenced his send forth ceremony…
Finance experts say the outlook for the Nigeria Stock Exchange is positive and bright and that foreign investors are indicating interest, despite the forthcoming elections. The experts, who spoke at a pre-investors conference, said foreign investors are looking beyond the recent financial crisis. “The worst is over,” Akeem Oyewale, CEO, Stanbic IBTC stockbrokers said yesterday. “We are optimistic about the…
The use of tax consultants by government is a drain on its resources and may be responsible for the inability to record enhanced revenue yield. Former chairman of the Federal Inland Revenue Service (FIRS), Kayode Naiyeju, at the close of the 2011 Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Members’ Retreat in Uyo, Akwa Ibom, at the weekend, said the…
The Bureau of Public Procurement (BPP) yesterday warned Ministries, Departments and Agencies (MDAs) against awarding contracts that are not approved in the annual budget, to avoid unnecessary indebtedness to contractors nationwide. Director of civil infrastructure of the Bureau, Nebolisa Emodi, who gave the warning at the one-day stakeholders’ workshop for Federal MDAs in Abuja, said this was to help meet…
21 February 2011 Sunshine Stars kept alive their hopes of a first-ever Nigeria Premier League conquest with a 3-0 demolition of last seasons runners-up Kano Pillars. The big home win by the Akure club ensured they stayed in touch with league leaders Dolphin as they now have 32 points from 16 matches, four points behind the Port Harcourt outfit. Petite…
21 February 2011 The semifinal line-up has been completed at the 2011 African Nations Championship with all four teams confident that can go all the way in this year's tournament. Hosts Sudan will take on Angola in Tuesday's first semifinal, with the other match between an all-north African affair between Tunisia and Algeria. Angola skipper Kali says the ow-key nature…
21 February 2011 After round 21 of the Absa Premiership Orlando Pirates remained on top of the log with both Kaizer Chiefs and Ajax Cape Town closely on their heels. It was another action packed weekend in the PSL with games averaging 2.75 goals per game. In total 22 goals were scored in the eight matches taking place, but there…
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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-hansi-font-family:Calibri; mso-hansi-theme-font:minor-latin;} The Action Congress of Nigeria (ACN) in Ekiti State at the weekend criticised the ousted governor of the state, Segun Oni over…
The leadership of Ipokia local government in Ogun State at the weekend moved to improve the capacity of the state command of the Nigeria Police Force with the donation of a crime fighting vehicle. The head of the council, Irene Afolashade Kokumo, said her administration is prepared to collaborate with law enforcement agents to bring the incidence of crime to…