Chris Brown outburst divides fans, album soars

Anny set to release sophomore album Gospel singer, Anne Emmanuel Ibrahim, popularly known as Anny, will release her sophomore album titled ‘Time' very soon. Speaking in an interview, the singer said the album will be a 15-tracker featuring collaborations with gospel musician, Sammy Okposo, ‘Kokoroko' crooner, Kefee, Soul-E, and producer, Mekoyo. Anny disclosed that she has been busy after releasing…

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Kenya to cut spending in 2011/12

Kenya expects overall spending in 2011/12 and its budget deficit to narrow from last year and for development expenditure to rise, its finance minister said on Wednesday. Overall spending is seen at 975.8 billion shillings in 2011/12, or 31.7 per cent of Gross Domestic Product (GDP), from a revised 883.9 billion shillings this year, equivalent to 32.7 per cent of…

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Uganda Central Bank to raise minimum capital base

Uganda's Central Bank plans to raise the minimum capital requirement for commercial banks by March 2013 to boost their ability to absorb shocks and put the country's financial system on a par with others in the region. Elliot Mwebya, the Central Bank's director of communications, said banks in East Africa's third largest economy would be required to increase capital bases…

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Value of equities improve at the Exchange

The value of equities at the Nigerian Stock Exchange (NSE) yesterday rebounded appreciably after negative performances. The NSE market capitalisation of the 194 First-Tier equities closed on Wednesday at N8.077 trillion, after opening the day at N7.983 trillion, reflecting 1.18 per cent or N94 billion gains. The market had last week plunged to N7.775 trillion due to low investors' confidence,…

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Road to Poland-Ukraine continues

23 March 2011 The group phase for UEFA Euro 2012 qualifiers resumes this weekend, with no less than 19 matches being played across the European continent. The most-hyped game is the all-British Group G clash between Wales and England in Cardiffs Millennium Stadium on Saturday afternoon. It will mark Gary Speeds competitive debut as the Dragons coach. He is poised…

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Eagles host Argentina

23 March 2011 Nigerias Super Eagles will play a high-profile friendly against Lionel Messis Argentina on June 1 in Abuja. Officials informed MTNFootball.com that the friendly is being bankrolled by one of the teams leading sponsors, Guinness. An event to announce the details of the match will take place in Lagos later Wednesday. This will be a rematch of a…

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SA, Egypt in crucial clash

23 March 2011 MTNFootball.com will bring you live Play-by-Play coverage of the 2012 Africa Cup of Nations qualifiers this weekend - South Africa vs Egypt (Saturday 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! - South Africa v Egypt, 26 March, Johannesburg -…

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Groups petition Edo governor over deforestation

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Civil society groups, the Protection for Okomu National Park and the local Advisory Committee for Okomu National Park have called on the governor of Edo State, Adams Oshiomhole, to urgently look into the numerous attacks on the park by illegal loggers. The petitioners say the reserved forest is facing extinction due to the activities of loggers and poachers. The groups…

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Agency says bad water caused Kaduna cholera outbreak

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The National Agency for Drugs Administration and Control has attributed the outbreak of cholera in Kaduna State to the use of contaminated water and fruits by residents. The agency’s Zonal Director in the state, Eric Iful, advised residents to refrain from drinking unsafe water and to wash fruits thoroughly before consumption. Mr. Iful gave the advice in an interview on…

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Senate president says opponents plan to deface ballot papers

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The President of the Senate, David Mark, has alleged that opposition parties in his constituency plan to deface ballot papers after voting. Mr Mark stated this while addressing the people of Ogwule at a campaign rally in Agatu Council, Benue State Monday. Mr Mark, who is facing a stiff contest for his return to the senate against Lawrence Onoja, the…

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Experts undecided on fate of policy rate

Finance experts are undecided about the fate of Nigeria’s Monetary Policy Rate (MPR) after the Monetary Policy Committee (MPC) meeting scheduled to be concluded today. The monetary policy rate is the process whereby the Central Bank controls the supply of money, often targeting a rate of interest for the primary purpose of promoting economic growth and stability. Yvonne Mhango, a…

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Board waives banks’ loan provisioning

The Nigerian Accounting Standards Board has waived the general loan loss provision for banks financial year, which ended 31 December, 2010. The board, in a statement on Monday, said this was due to the fact that banks’ have subjected their loan portfolios to extensive review since the beginning of the current Central Bank reforms to up to the end of…

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Dry ports to begin operations

The Federal Government at the weekend said it is committed to decongesting the nation’s ports by activating operations at the six Inland Container Depots (ICD) located in the country’s six geopolitical zones. Minister of transport, Yusuf Suleiman, who disclosed this during his inspection visit to Inland Container Nigeria Limited (ICNL), a subsidiary of Chrome Group, said his ministry would soon…

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Inter close gap on Milan

20 March 2011 Inter Milan closed the gap on leaders AC Milan to just two points ahead of the top of the table city derby in two weeks time with a 1-0 victory over lowly Lecce on Sunday. Giampaolo Pazzini scored the only goal of the game seven minutes into the second period to close even further a gap that…

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Daniel’s candidate makes electoral body’s list

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Gboyega Isiaka, the governorship candidate of the Gbenga Daniel faction of the Peoples Democratic Party (PDP) in Ogun State, whose candidacy was voided by a Federal High Court judgment, has finally got some relief as his name has been included in the final list of governorship candidates for the state announced by Independent National Electoral Commission (INEC). Mr Isiaka’s name…

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