African teams gear up for qualifiers

7 February 2011 No less than 28 African national teams will play international friendlies this midweek as they prepare for the resumption of the 2012 Africa Cup of Nations qualifiers next month. That all but two of the fixtures see sides from the continent take on one another makes it clear that getting match practice against African opponents is the…

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Defending champions beaten

7 February 2011 Defending champions DR Congo suffered an opening game loss at the 2011 African Nations Championship as they went down 2-0 to Cameroon in Group C on Sunday. In the pool's other match, Cote d'Ivoire beat Mali 1-0 to move into second after the first round of matches. Joseph Mamosso and Ousmaila Baba netted for Cameroon against the…

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Ehiosun hat-trick fires Wolves

7 February 2011 Ekhigo Ehiosun netted the first hat-trick this season in the Nigeria Premier League to shoot to the top of the goals chart and propel Warri Wolves to third spot in the standings. Ehiosun hit target in the 15th, 63rd and 83rd minutes to take his goal haul to seven, one better than Sunshine Stars midfielder Ajani Ibrahim.…

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Kerosene explosions claim eight lives in Edo, Delta

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FINANCIAL MATTERS: Understanding the sovereign wealth fund

The fate of the Excess Crude Account (ECA) speaks to the need for clarity on the reasons why we held funds in the account in the first instance; and why we should look forward to keeping it (or anything that looks like it, including through a Sovereign Wealth Fund - SWF). Two things matter in considering these dimensions of the…

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‘Torres will come good’

7 February 2011 Carlo Ancelotti insists Fernando Torres will quickly live up to his 50 million price tag despite the Chelsea striker's dismal debut in a 1-0 defeat against his former club Liverpool. Torres looked totally out of sorts as Liverpool enjoyed a sweet moment of revenge over their former idol just seven days after his controversial British record transfer…

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Fayemi’s wife urges security operatives to find killers

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Bisi Fayemi, the wife of the Ekiti State governor, at the weekend urged the police and other security agencies in the state to apprehend the killers of Taiwo Oluwole, the wife of the minister-in-charge and founder of Mount Zion Baptist Church, Igede-Ekiti. Mrs. Oluwole, 56, was killed two Saturdays ago at a farm in Igede-Ekiti by alleged ritualists. Mrs. Fayemi…

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Negative sentiments dominate market activities

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NNPC made profit from government, says report

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Banks reopen in Egypt

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