The Bank of Agriculture (BoA) says it will soon embark on an aggressive loan recovery campaign. Managing Director Mohammed Santuraki made the announcement on Wednesday in Kaduna at a forum organised by the management to appraise the performance of the bank’s credit portfolio. He said the era of treating the bank’s credit facilities as government patronage was over, pointing out…
Nigerian crude oil grades hovered below two-and-a-half year highs on Wednesday, with traders adding that the initial rush to buy substitutes for lost Libyan exports is over. “I think the Libyan shortfall is now fully priced into Nigerian grades and I see no reason for any upside,” said an oil trader, with a focus in West Africa. Demand for Nigerian…
President Goodluck Jonathan has said that the launch of the gas project will result in a foreign direct investment of about $10 billion over the next three years. He also said when fully implemented, the entire gas master-plan agenda will result in $25 billion worth of investments in gas processing, transmission, and downstream gas utilisation projects, positioning the country as…
25 March 2011 We will bring you live coverage of all the goals as they go in around the continent on both Saturday and Sunday!Video: 2012 Nations Cup Qualifiers Preview- Chad v Botswana, 26 March, Ndjamena - Malawi v Togo, 26 March, Blyantyre Botswana will qualify for the Africa Cup of Nations for the first time on Sunday if they…
25 March 2011 We will bring you live coverage of all the goals as they go in around the continent on both Saturday and Sunday! - Mali v Zimbabwe, 27 March - Cape Verde Islands v Liberia, 27 March The tiny island of Cape Verde are sitting proudly atop Group A of the qualifying tournament for the 2012 Africa Cup…
25 March 2011 MTNFootball.com will bring you live Play-by-Play coverage of the 2012 Africa Cup of Nations qualifiers this weekend - Nigeria vs Ethiopia (Sunday from 20h00). We will also bring you live coverage of all the goals as they go in around the continent on both Saturday and Sunday! - Madagascar v Guinea, 27 March - Nigeria v Ethiopia,…
A People’s Democratic Party Senatorial candidate for Akwa Ibom North East District, Ita Enang, on Thursday condemned the wave of political violence in the country. Mr Enang, in an interview with the News Agency of Nigeria (NAN) in Abuja, urged politicians and their supporters to eschew violence and allow peace to reign. “I want to use this opportunity to condemn…
Some offices of the People’s Democratic Party and Congress for Progressive Change have been burnt by rival party supporters in Hadejia, Jigawa State. The News Agency of Nigeria (NAN) learnt that the supporters clashed when one of the Senatorial candidates for Jigawa Northeast District, Abdulazeez Turabo, was campaigning at a rally. The Police Public Relations Officer (PPRO), Abdul Jinjiri, told…
The number of non-EU students visiting the UK for studies is to be cut by 25 per cent, a government minister has said. The Europe correspondent of the News Agency of Nigeria (NAN) reports that British Home Secretary Theresa May unveiled the plan in a statement to the parliament on Wednesday in London. The statement said there would also be…
Motivated by the rejection of a girl he fancied as a high school kid, the choir boy, Funbi began penning down emotional poems which later earned him the nickname Shakespeare. He received his basic vocal training during his childhood career as a member of the Chapel of the Light church choir, which spanned 7 years. Growing up, Funbi loved the…
Inspiration FM’s on-air-personality, Gbemileke Oyinsan, popularly known as Oscar, is a Chemical Engineering graduate from University of Lagos. Oscar started out with University of Lagos FM station in 2005. Later on, he became a presenter for the BBC World Service Trust sponsored youth radio programme ‘Flava’. In 2007, he made his debut in Television as a male voice jockey for…
Tokunbo Amosu is the chief executive officer of Reniques Designs, a company she formed in 2009. A Banking and Finance graduate from Ondo State University, Amosu also holds a Business certificate from Fate Foundation, a non-profit organisation and another certification from the African Growth Opportunity Act, an export based design school, both in Nigeria. She speaks to X2 about her…
Central Bank of Nigeria (CBN) sold $16.6 million in short-tenored foreign exchange forwards at its first such auction on Wednesday, at rates which indicated it expected the currency to remain stable or strengthen. The regulator began offering 1- 2- and 3-month forwards at its bi-weekly foreign exchange auctions on Wednesday as part of efforts to smooth dollar demand and help…
Profit taking activities by some investors have been attributed to the decline in market capitalisation, as witnessed yesterday at the Nigerian Stock Exchange (NSE). The NSE market capitalisation of the 194 First-Tier equities closed lower on Thursday at N8.009 trillion after opening the day at N8.077 trillion, reflecting 0.84 per cent decline or N68 billion losses. The market had gained…
I remember vividly when I was a manager in the strategy/account planning department of Centrespread FCB, an advertising agency. I had the onerous task of conducting consumer insights on lottery business operations for Lotto Nigeria. The agency developed some brand slogans ‘Levels fit change’ and ‘Level go change’. These slogans were tested across the key geographical regions in the country.…