9 February 2011 South Africa warmed up for an Africa Cup of Nations qualifier against Egypt next month with a comfortable 2-0 friendly victory over Kenya in north-west mining town Rustenburg on Wednesday. Bafana Bafana (The Boys) dominated the first half and led 2-0 at half-time courtesy of goals from Leeds United striker Davide Somma in the second minute and…
An attack by suspected armed robbers on the facilities of the Africa Independent Television (AIT) and Ray Power 105.5 fm, Benin City station has kept the station off air. The suspected armed robbers numbering about 25 allegedly attacked and overpower the security men on duty, and tied them after inflicting injuries on them. One of the security men on duty…
The students of Olabisi Onabanjo University{OOU}, Ago Iwoye, Ogun State, yesterday called for the scrapping of the university’s Academic Staff Union of Universities {ASUU}, accusing the lecturers of intransigence on their prolonged strike. Addressing a press conference in Abeokuta, the state capital, Rufai Uthman, the students union president, in company of other executives of the union, said, “Lecturers should henceforth…
Mohammed Abacha, the governorship candidate of the Congress for Progressive Change (CPC) in Kano State, said his nomination as the party’s flag-bearer in the April elections is “an act of God.” Mr Abacha’s name appeared on the list of candidates displayed by the Independent National Electoral Commission (INEC) in Kano State, against earlier speculations that his closest rival, Lawal Ja’afaru…
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The Abuja Securities and Commodities Exchange (ASCE) is partnering with the CBN to embark on Warehouse Receipt Financing scheme for farmers. The group head, management services of the Exchange, Zaheera Baba-Ari, disclosed the plan in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday. Ms. Baba-Ari said that the scheme would enable farmers to use the…
Finance experts have said rising oil prices is good for the nation’s economy, even though it could have serious implications on the global economy. Bismarck Rewane, an economist with Financial Derivative Company, a finance firm, said “$100 per barrel of oil is ‘good’ for Nigeria but bad for the global recovery. Oil at over $100pb is bad for the dollar…
The Shell Petroleum Development Company, SPDC, has refused to name the proposed bidders as it divests from four of its oil blocks, after a similar exercise last year. Precious Okolobo, a spokesperson of the company, said there is no official comment on the process. However, some international dailies reported that final bids should have been conducted mid January, with winners…
Medical doctors in public hospitals and health institutions in Kano State have threatened to go on strike on February 14 to protest the non-implementation of the Consolidated Medical Salary Structure (CONMESS) by government. The chairperson of the state’s branch of the Nigerian Medical Association (NMA), Daiyabu Ibrahim, announced on Tuesday in Kano that the union would meet on Tuesday to…
The Action Congress of Nigeria (ACN) has called on the Independent National Electoral Commission (INEC) to involve all stakeholders in the ongoing process of removing double and multiple registrations from the newly-compiled voter’s register to ensure transparency. The party, in a statement on Tuesday, said that the reports it is getting from the various states where INEC has dispatched experts…
The Independent National Electoral Commission (INEC) in Enugu state has withdrawn the gubernatorial candidate list released on February 7. The state resident electoral commissioner, Josiah Uwazuruonye, told the News Agency of Nigeria that the withdrawal was as a result of a directive from the INEC headquarters. According to him, the National Commissioner, Legal Affairs, Philip Umeadi said that the list…
New single from Obiwon RB act Obiora Obiwon has released a new single, ‘Great Again’, off his forthcoming third album titled ‘T.R2011’. ‘Great Again’ is an ode to Nigeria, charging people to come out and vote during the forth coming general elections. The track premiered on notjustok.com earlier this week. Obiwon became popular after the release of his hit track…
The Central Bank of Nigeria has rolled out penalties to be meted out to recalcitrant operators who have ignored its regulations in a bid to protect Automated Teller Machines (ATM) users. In a circular last Monday, the CBN expressed displeasure at the impunity with which some operators have disregarded previous circulars and guidelines. “The bank has observed, with great concern,…
High international commodities prices and a weakening shilling against the dollar are expected to cushion Kenyan listed agricultural stocks from inflationary pressures and the effects of a biting drought, analysts said. Kenya’s metrological department indicated in a forecast report in January that drought conditions are expected to plague the nation for the next three months, reducing agricultural output in the…
Investors at the Nigerian Stock Exchange (NSE) recorded additional losses at the close of trading session on Tuesday, as market measuring parameters plunged, making it the fourth day of downward trend. The Exchange market capitalisation of the 201 First-Tier equities closed yesterday at N8.442 trillion after opening the day at N8.525 trillion, reflecting 0.97 per cent decline or over N83…