21 March 2011 Kumasi Asante Kotoko grabbed the bragging rights over Hearts of Oak when they defeated their arch rivals 2-0 in the Ghana Premier League game on Sunday. A capacity crowd witnessed the game as the Porcupine Warriors spoiled the big party lined up by Hearts to begin their centenary year celebrations. First-half goals from Ahmed Toure and Daneil Nii…
21 March 2011 There are two types of coaches those who have been sacked and those who will soon be sacked. Several coaches have already been shown the door by the first round of the Nigeria Premier League (NPL) Erasmus Onuh (Bukola Babes), Kennedy Okogba (Ocean Boys), Tunde Abdulrahman (JUTH), Ladan Bosso (Niger Tornadoes), Emmanuel Osigwe (Heartland) and Ndubuisi Nduka…
Ogun State Governor, Gbenga Daniel at the weekend called on tertiary institutions in the country to diversify their revenue base to enable them meet their financial needs. Mr Daniel, who spoke at the second convocation ceremony of the Tai Solarin University of Education, Ijagun- Ijebu, said : “Tertiary institutions should look inwards and be close to their communities. They need…
Worried over the rise in the number of kidnap incidents recorded in the state in recent times, Delta State governor, Emmanuel Uduaghan at the weekend called for the immediate establishment of a special court to accelerate the trial and prosecution of all those caught in the act. Mr Uduaghan, who stated that cases of kidnapping in the state have taken…
The people of Ikole-Ekiti, Ekiti State, have dragged the state government to court to stop the relocation of the federal university from the town to Oye-Ekiti. Two persons were killed early February during a protest by Ikole people, who were angered by the reported announcement of Oye, a neighbouring town, as the new host of the university. The university is…
The federal government at the weekend expressed disgust over the attitude of some financial operators to consumers, which include failure to provide useful information on their new products. Ify Umenyi, director general, Consumer Protection Council (CPC), gave the charge during a financial services stakeholders’ meeting marking the 2011 World Consumers’ Day in Abuja. The DG, described the recent Central Bank…
The two parameters for measuring performance at the Nigerian Stock Exchange (NSE), the market capitalisation and the All-Share Index, fell to three month figures at the close of trading last week. The NSE market capitalisation of the 194 First-Tier equities closed the week at N7.789 trillion from the N8.174 trillion it opened with on the first trading day of the…
Tanzania’s year-on-year inflation rate rose for a fourth consecutive month in February on the back of higher food and fuel prices, staying in step with trends at east African neighbours Kenya and Uganda. Tanzania’s National Bureau of Statistics said on Saturday that consumer prices rose 2.2 percent in February, helping push the country’s inflation rate to 7.5 percent from 6.4…
On March 8, 2011, several events took place all over the world to mark the centenary of International Women’s Day. Nigeria was no different and several workshops, seminars and conferences celebrated the economic, political and social achievements of women. Traditional gender roles historically presented household income from a perspective where women were expected to stay at home and look after…
Roberts Orya, Managing Director/Chief Executive, Nigerian Export-Import Bank (NEXIM), says no other agency is better placed to facilitate cross border trades in the Economic Community of West African States (ECOWAS) than the bank. Overview Nigerian Export-Import Bank (NEXIM) was set up in 1991 by the Central Bank of Nigeria (CBN) and the Federal Ministry of Finance. Incorporated for the purpose…
Over the years, the value of trade between Nigeria has been lopsided. Due to the weak manufacturing base of Nigeria and the inability to develop competitive advantage in non oil exports, the lopsidedness has become pronounced. According to the Japan External Trade Organisation (JETRO), as at January, while Nigeria imported goods worth over $40.8 million from Japan, the value of…
The Securities and Exchange Commission (SEC) has thrown its weight behind the proposed extension of trading hours by the management of the Nigerian Stock Exchange (NSE) despite criticism by some market operators that aftermath of such action will not favour the nation’s bourse. The interim administration of the NSE, led by Emmanuel Ikazoboh, had announced that it will increase trading…
Since he was removed as National Chairman of the Peoples Democratic Party in January, Okwesilieze Nwodo has not been seen regularly at public functions. But, surprisingly, he attended the Northern Economic Summit held in Kaduna on Thursday, where he spoke about his relationship with President Goodluck Jonathan, the crisis in Enugu PDP and other issues. You are rarely seen at…
Traditional rulers in Nigeria have been known to play a significant role in the socio political development of the country. Being custodians of the traditional values of the people, they have become opinion leaders in the society. Any politician who shows disrespect to traditional rulers is not likely to succeed in the domain of such rulers. It is not therefore…
The odds were stacked against any child with an educated mother in those days, and it took a few days of primary school in 1951 to come to terms with that perspective. The teacher had inquired why I did not have a “Christian name.” “My young idiot, don’t you have an English name?” I was sent to get a parent,…