A move by Cote d'Ivoire's Laurent Gbagbo to take the cocoa sector into state hands triggered an alarm on Tuesday, as industry officials feared a huge financial hit if it meant their stocks in the country would be seized. Exporters said they were seeking urgent clarification on whether a late-night decree issued on Monday covered 475,000 tonnes of unexported beans…
Libyan oil trade has been paralysed as banks decline to clear payments in dollars due to U.S. sanctions, trading sources told Reuters on Tuesday. The move follows a decision by major U.S. oil firms to halt trade with Libya and will complicate deals for European firms to buy Libyan oil. Around half of Libya’s oil output, or more than one…
Banks in the country have abandoned their core function of financial intermediation and instead, are more concerned with pursuing deposits. Experts who spoke on the issue believe that the refusal of banks to take the risk in financing some sectors of the economy have put the economy in the poor position it is today. Boniface Chizea, managing director of BIC…
Splash 105.5 FM Ibadan - the integrity radio station - is a division of West-Midlands Communications Limited and the station was officially commissioned on the 22nd of March 2007.
The first video off the first single from MI sophomore album MI 2 The Movie !! Directed by Jonathan Jason Clarke.
The official trailer of the biopic on the late Nigerian rapper DaGrin, GHETTO DREAMZ (THE DAGRIN STORY) - produced by Ope Banwo and directed by Daniel Ademinokan, has been released to the media by Stingomania, the production company behind the movie.
Nigerian actor/filmmaker, Saidi Balogun presents his latest movie “Eti Keta” (Third Party) in 2011 as beyond a movie - a labour of love and a celebration of our rich and diverse African culture - in Lagos.
The traditional ruler of Nupeland, also referred to as Etsu Nupe, Yahaya Abubakar, has urged Nigerian politicians not to take politics as a “do-or-die” affair and shun violence. Mr. Abubakar made the appeal in his palace in Bida, Niger State, on Sunday when members of the Action Congress of Nigeria (ACN) in Zone A, of the state, paid him a…
An Osogbo Magistrate Court yesterday remanded two suspected political thugs at the Federal Prison, Ile-Ife, who allegedly disturbed the campaign of Goodluck Jonathan, the Peoples Democratic Party (PDP) presidential candidate, at Osogbo City Stadium last Thursday. The two accused persons, Olalekan Ayo (25) and Anthony Eyitemi (28), were alleged to have armed themselves with cutlasses, axes, and pump action riffle…
[ID:170240 Cable dated:2008-09-17T16:04:00] ====================================================C O N F I D E N T I A L SECTION 01 OF 03 ABUJA 001870 SIPDIS STATE FOR AF/W, INR/AADOE FOR GEORGE PERSON E.O. 12958: DECL: 09/16/2018TAGS: PGOV, PINR, PREL, EFIN, KCROR, KCRM, MARR, MASS, NISUBJECT: NIGERIA: BILATERAL RELATIONS POST-EFCC DEMARCHE REF: A. ABUJA 1595 B. STATE 84635 Classified By: Ambassador Robin R. Sanders…