Yearly Archives: 2011

Nigerian Stock Exchange unprepared for merger

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Banks count on biometric machines to help reduce fraud

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BRAND MATTERS: Building brand image and followership through music

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Nyantakyi wants new CAF image

24 February 2011 Kwesi Nyantakyi wants to help to give a new image to the Confederation of African Football (CAF) after he was elected to serve on the Executive Committee of the continental governing body. The Ghana FA president defeated Anjorin Moucharafou of Benin in Khartoum on Wednesday to win a the West Africa B slot on the body. Other…

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Coaches give CHAN thumbs-up

24 February 2011 A number of coaches at the 2011 African Nations Championship (CHAN) have come out in praise of the tournament that has been held in Sudan. With the final to be played on Friday between Tunisia and Angola, as well as the third-placed lay-off between Sudan and Algeria, the tournament will come to a close on what organisers…

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Ondo denies cancelling free school computer programme

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The Ondo State government has said that it did not stop the free computer education programme in its public schools. The state government, through the commissioner for information, Ranti Akerele, said that it implemented a free Microsoft Corporation-based ICT programme instead. He said that this move saved the state N3 billion in software requirements alone, which according to him, was…

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Nigeria parliament begins oil reform debate

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The managing director of NNPC, Austin Oniwon, said on Tuesday that the Petroleum Industry Bill, which will redefine Nigeria's relationship with foreign oil firms, would be put under scrutiny by both houses of parliament in the coming days. "The Senate will begin today, the clause-by-clause debate of the bill, and in the next days, the House of Representatives will also…

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U.S. appoints Guaranty Trust for visa fee collection

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Anyone applying to visit the United States on a non-immigrant visa from March 1, 2011, will have to pay their visa fees at Guaranty Trust Bank, and no longer the United Bank for Africa (UBA). The U.S. Embassy in Nigeria announced that applicants who have already scheduled appointments for March or April with the embassy in Abuja or the U.S.…

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Libyan oil output down by a quarter

As much as a quarter of Libyan oil output has been shut down, Reuters calculations showed on Wednesday, as unrest prompted oil companies to warn of production cuts in Africa's third-largest producer. Austria's OMV said on Wednesday it might be heading for a full production shutdown in Libya. Total, Repsol, Eni, and BASF have also said they are either slowing…

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Exile Resources gets exploration licence in Zambia

Junior oil and gas explorer, Exile Resources Inc., said it received a formal exploration licence for its project in northeastern Zambia. Exile Resources, which has an investment licence for Block 26, is currently reviewing data and undertaking geochemical surveys to study the potential for oil and gas in Zambia. The Toronto-based company, which is focused on the acquisition and development…

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Kenya’s Sasini future uncertain from drought

Kenyan agricultural producer, Sasini, faces an uncertain future because of drought and rising oil prices, but plans to diversify its revenue streams to buffer its main business, its head said on Wednesday. Meteorologists have warned the East African nation is likely to have a drought, causing jitters in the agricultural sector. "We have a drought, we do not know how…

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HABIBA HABITAT: The courage to count kobo

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"They are afraid of counting kobo!" a senior public service worker exclaimed derisively at break time during a change management workshop for his agency. Someone had asked why politicians who had served terms as governors automatically sought election to the Senate. "They are not used to thinking about paying rent or buying diesel anymore!" someone said. The listeners shared a…

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‘We are not taking any zone for granted’

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Many are saying that President Goodluck Jonathan has not really achieved anything in his short tenure. What do you think of this? Things have tremendously improved since Jonathan became president eight months ago. Our country had gone so far down within the last 50 years. Quite frankly, it will be unkind for anybody to judge the president just within eight…

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‘Osoba is a coward’

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The governor of Ogun State, Gbenga Daniel yesterday described his predecessor, Olusegun Osoba as a coward for fleeing the state after losing the 2003 governorship election to him. Mr Daniel was reacting to a verbal attack from Mr Osoba last Tuesday during the flagging-off of the Action Congress of Nigeria (ACN) governorship campaign at Ake Palace, in Abeokuta. Mr Osoba…

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OIL POLITICS: Caught in the Amazon

The people of the Amazonian region of Ecuador could not have wished for a better Valentine Day's gift as a court there slammed an $8 billion fine on Chevron for heavily polluting the area through serial oil spills. Texaco spewed the spills into the fragile ecosystem between 1964 and 1990. You may be wondering why Chevron should be caught in…

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