The Nigerian economy will experience a surge in the third and fourth quarter of this year as the country begins to put behind her the aftermath of the April elections. The economy sectors that would generate significant interest are the equities market and the property development sector. Haruna Jalo-Waziri, managing director of UBA Asset Management Limited, gave this positive outlook…
3 February 2011 Round 19 of the Absa Premiership sees some interesting fixtures in place this weekend and includes a Soweto derby and a top of the table verse bottom of the log clash, to mention but a few interesting matches. The weekends action kicks-off in Cape Town on Saturday afternoon when Ajax host three time defending PSL champions SuperSport…
Mohammed Abacha, son of late Nigerian military leader, Sani Abacha, yesterday went to a Federal High Court in Abuja, seeking that he be declared the governorship candidate of the Congress for Progressive Change (CPC), in Kano State. Mr Abacha claimed that he won the primary election in the state but the party failed to send his name to the Independent…
The Joint Admissions and Matriculation Board has lifted the embargo on admission for Lagos State University (LASU) and five state universities in the South East zone for the 2011/2012 session. Dibu Ojerinde, the JAMB registrar announced this at the end of a meeting with proprietors of the universities on Wednesday in Abuja, the nation’s capital. Mr. Ojerinde added that candidates…
A group which identified itself as Jama atu Ahlis Sunna Lidda a Waati Wal Jihad has claimed responsibility for the killing of the All Nigerian People’s Party’s gubernatorial candidate in Borno state. Unknown gunmen had, on last week, assassinated the contestant, Modu Fannami Gubio, and six others shortly after Jum’at prayers in Maiduguri, the state capital. In a statement posted…
Uju Udeme, the president, Asaba Chamber of Commerce, Industry, Mines and Agriculture (ASACCIMA), said the association was committed to the promotion of industrial and commercial activities in Delta State. Mr. Udeme said this in Asaba on Wednesday when members of the association visited the state commissioner for special duties in-charge of Direct Labour Agency (DLA), Ngozi Okolie. He said that…
Uncertainty in the investment clime may be pushing investors to opt for more secured investment instruments. Some investment advisory firms have been encouraging their clients to switch to money market instrument in order to secure their investment and enjoy more returns. This may have counted for the loss recorded in the equities market in the last one week. FSDH Securities…
Sustaining the progress recorded under the Federal Government amnesty programme for former members of armed militant groups in the Niger Delta is important for lasting peace in the oil producing region. Timi Alaibe, the outgoing special adviser to the president on Niger Delta affairs said yesterday in Abuja at the formal handover ceremony to his successor, Kingsley Kuku, that he…
2 February 2011 Real Madrid will face arch rivals Barcelona in a mouthwatering Kings Cup final after Jose Mourinho's Madrid side defeated holders Sevilla 2-0 at the Santiago Bernabeu on Wednesday to reach their first final since 2004. Togo forward Emmanuel Adebayor scored his first Real goal deep in stoppage time to add to an 81st minute strike from German…
3 February 2011 The second edition of the African Nations Championship (CHAN) begins in Sudan on Friday with the host country taking on Gabon in Group A in Khartoum. DR Congo enter the tournament as defending champions, having beaten Ghana 2-0 in the final of the maiden competition in Cote d'Ivoire in 2009. The 16 competing teams have been split…
The coordinator, International Cancer Week Initiative, Ifeoma Okoye, on Wednesday said that about 40 percent of cancer cases are preventable. Addressing journalists on the forthcoming World Cancer Day coming up on February 4, Mrs. Okoye said that cancer could be prevented by focusing on how to reduce the risk of developing the terminal disease. She said that the ICW, in…
The State Security Service in Rivers State yesterday announced that it arrested seven men suspected to be militants and kidnappers. The Rivers state director of the service, Douglas Dogo, told the News Agency of Nigeria in Port Harcourt on Wednesday that the men were arrested at different locations in the state on January 21 following a tip-off. According to him,…
The member representing Anambra West in the Anambra State House of Assembly, Mike Ofor has warned that anybody caught harassing contractors in the local government will be dealt with. Mr Offor said this yesterday at Aguleri, a community in Anambra West local council while meeting with traditional rulers from the area. He said he will support the killing of any…
9ice and Wande Coal at D’Yard To commemorate Valentine’s Day, D’Yard Entertainment, an events center, is organizing a concert tagged “Rock D’Yard”. The event, which will feature two of Nigeria’s hip-hop artists 9ice and Wande Coal, takes place on Friday, February 11 at D’Yard Complex, Surulere, Lagos. Speaking about the concert, the chief executive officer of D’Yard Entertainment, Gbolahan Lawanson…
Coca-Cola Nigeria Limited has announced the appointment of Kelvin Balogun as the company’s new chief executive officer, effective February 1, 2011. Mr. Balogun succeeds Islay Rhind, who will be retiring from The Coca-Cola Company. Mr. Balogun, who becomes the first Nigerian CEO of Coca-Cola Nigeria, joined the company in October 1999 as strategic planning business development manager. In February 2002,…