D’Banj out with Mr Endowed Remix ft. Snoop Dogg

Copyright ©2011 Vanguard Entertainment. All Rights Reserved. | Site by femiolubosi Absolutely 'Endowed'! Video for D'banjs Mr Endowed (remix) ft Snoop Dogg and Shot on location in Los Angeles, Directed by Sesan. Cameos by Don Jazzy, Wande Coal, K-Switch and Chris Aire (Ice Man). Copyright ©2011 Vanguard Entertainment. All Rights Reserved. | Site by femiolubosi

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Abuja Exchange plans scheme for farmers

The Abuja Securities and Commodities Exchange (ASCE) is partnering with the CBN to embark on Warehouse Receipt Financing scheme for farmers. The group head, management services of the Exchange, Zaheera Baba-Ari, disclosed the plan in an interview with the News Agency of Nigeria (NAN) in Abuja on Tuesday. Ms. Baba-Ari said that the scheme would enable farmers to use the…

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Rising oil prices portend conflicting implications

Finance experts have said rising oil prices is good for the nation’s economy, even though it could have serious implications on the global economy. Bismarck Rewane, an economist with Financial Derivative Company, a finance firm, said “$100 per barrel of oil is ‘good’ for Nigeria but bad for the global recovery. Oil at over $100pb is bad for the dollar…

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Shell silent on bidders for its blocks

The Shell Petroleum Development Company, SPDC, has refused to name the proposed bidders as it divests from four of its oil blocks, after a similar exercise last year. Precious Okolobo, a spokesperson of the company, said there is no official comment on the process. However, some international dailies reported that final bids should have been conducted mid January, with winners…

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Doctors threaten to go on strike in Kano

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Medical doctors in public hospitals and health institutions in Kano State have threatened to go on strike on February 14 to protest the non-implementation of the Consolidated Medical Salary Structure (CONMESS) by government. The chairperson of the state’s branch of the Nigerian Medical Association (NMA), Daiyabu Ibrahim, announced on Tuesday in Kano that the union would meet on Tuesday to…

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Party seeks transparency in voter exercise

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The Action Congress of Nigeria (ACN) has called on the Independent National Electoral Commission (INEC) to involve all stakeholders in the ongoing process of removing double and multiple registrations from the newly-compiled voter’s register to ensure transparency. The party, in a statement on Tuesday, said that the reports it is getting from the various states where INEC has dispatched experts…

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Electoral body withdraws Enugu’s gubernatorial list

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The Independent National Electoral Commission (INEC) in Enugu state has withdrawn the gubernatorial candidate list released on February 7. The state resident electoral commissioner, Josiah Uwazuruonye, told the News Agency of Nigeria that the withdrawal was as a result of a directive from the INEC headquarters. According to him, the National Commissioner, Legal Affairs, Philip Umeadi said that the list…

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New single from Obiwon

New single from Obiwon RB act Obiora Obiwon has released a new single, ‘Great Again’, off his forthcoming third album titled ‘T.R2011’. ‘Great Again’ is an ode to Nigeria, charging people to come out and vote during the forth coming general elections. The track premiered on notjustok.com earlier this week. Obiwon became popular after the release of his hit track…

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Central Bank goes tough on defaulting ATM operators

The Central Bank of Nigeria has rolled out penalties to be meted out to recalcitrant operators who have ignored its regulations in a bid to protect Automated Teller Machines (ATM) users. In a circular last Monday, the CBN expressed displeasure at the impunity with which some operators have disregarded previous circulars and guidelines. “The bank has observed, with great concern,…

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Kenyan agricultural stocks to weather drought

High international commodities prices and a weakening shilling against the dollar are expected to cushion Kenyan listed agricultural stocks from inflationary pressures and the effects of a biting drought, analysts said. Kenya’s metrological department indicated in a forecast report in January that drought conditions are expected to plague the nation for the next three months, reducing agricultural output in the…

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Investors record more losses at the Exchange

Investors at the Nigerian Stock Exchange (NSE) recorded additional losses at the close of trading session on Tuesday, as market measuring parameters plunged, making it the fourth day of downward trend. The Exchange market capitalisation of the 201 First-Tier equities closed yesterday at N8.442 trillion after opening the day at N8.525 trillion, reflecting 0.97 per cent decline or over N83…

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Heavyweight clashes the highlight

8 February 2011 The midweek FIFA-sanctioned dates are packed with international friendlies involving European teams, but two matches featuring four former world champions stand out: Brazil v France in Paris/Saint-Denis and Germany v Italy in Dortmund. The latter clash sees the Azzurri head back to the scene of their famous semifinal win over Germany en-route to winning the 2006 World…

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Winners of Quranic recitation contest get Hajj seats

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Twelve participants (six males and six females) that excelled in the just concluded Quranic recitation competition in Bauchi have each been offered a seat by the state government to this year's pilgrimage (Hajj) to Saudi Arabia. The Bauchi Quranic recitation competition was contested among youth from the age of 25 years and below in which 16 out of the 20…

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Cross River resettles flood-prone community

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For many years, Agwagune, a coastal community in Biase Local Government Area, Cross River state suffered flood disasters but a solution came last weekend through the provision of housing units five kilometers from the bank of the river that yearly wrecked its ancestral location. The joy of the people knew no bounds as they rolled out the drums singing, dancing…

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Nigeria’s education is a failure, says Soyinka

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Nobel Laureate Wole Soyinka has condemned the state of education in describing the country educational system as a colossal failure. Mr. Soyinka said this at the opening of a two-day education summit organised by the Osun State government in Osogbo, the state capital. He added that the government has failed woefully in the education sector, and thereby called on the…

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