The implementation of the Integrated Personnel Payroll Information System (IPPIS) by the federal government during the pilot stage helped it saved N12 billion, the finance minister has said. Segun Aganga added that the integrated system will boost the capacity for saving and enhance efficiency in the public funds management. He stated this yesterday in Abuja at the opening of the…
South Africa's rand traded firmer against the dollar on Monday, taking a breather from recent multi-month lows, while stocks retreated after recent gains as investors took profits. The JSE Top-40 index of blue chips was down 0.33 per cent to 29.621.70 and technical levels show the index has limited upside. Its 14-day relative strength index is around 60. At 1544…
7 February 2011 Angola snatched a stoppage-time equaliser against Tunisia and Senegal stunned Rwanda with two late goals as the drama continued Monday at the African Nations Championship in Sudan. Veteran defender Carlos 'Kaly' Alonso was the toast of Angolan football after he scored in the second additional minute to cancel a lead Tunisia had held since the sixth minute…
8 February 2011 High-riding Bukola Babes of Ilorin managed to salvage a point against bottom team in the Nigeria Premier League JUTH FC two minutes from time. Abdulkadir Aminus tap-in inside the six-yard box in the 88th minute of a highly entertaining duel Monday meant Bukola Babes dropped to fourth spot with 24 points, but still preserved their seven-game unbeaten…
7 February 2011 No less than 28 African national teams will play international friendlies this midweek as they prepare for the resumption of the 2012 Africa Cup of Nations qualifiers next month. That all but two of the fixtures see sides from the continent take on one another makes it clear that getting match practice against African opponents is the…
7 February 2011 Defending champions DR Congo suffered an opening game loss at the 2011 African Nations Championship as they went down 2-0 to Cameroon in Group C on Sunday. In the pool's other match, Cote d'Ivoire beat Mali 1-0 to move into second after the first round of matches. Joseph Mamosso and Ousmaila Baba netted for Cameroon against the…
7 February 2011 Ekhigo Ehiosun netted the first hat-trick this season in the Nigeria Premier League to shoot to the top of the goals chart and propel Warri Wolves to third spot in the standings. Ehiosun hit target in the 15th, 63rd and 83rd minutes to take his goal haul to seven, one better than Sunshine Stars midfielder Ajani Ibrahim.…
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The fate of the Excess Crude Account (ECA) speaks to the need for clarity on the reasons why we held funds in the account in the first instance; and why we should look forward to keeping it (or anything that looks like it, including through a Sovereign Wealth Fund - SWF). Two things matter in considering these dimensions of the…
7 February 2011 Carlo Ancelotti insists Fernando Torres will quickly live up to his 50 million price tag despite the Chelsea striker's dismal debut in a 1-0 defeat against his former club Liverpool. Torres looked totally out of sorts as Liverpool enjoyed a sweet moment of revenge over their former idol just seven days after his controversial British record transfer…
Bisi Fayemi, the wife of the Ekiti State governor, at the weekend urged the police and other security agencies in the state to apprehend the killers of Taiwo Oluwole, the wife of the minister-in-charge and founder of Mount Zion Baptist Church, Igede-Ekiti. Mrs. Oluwole, 56, was killed two Saturdays ago at a farm in Igede-Ekiti by alleged ritualists. Mrs. Fayemi…
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Amassoama,the host community of the Bayelsa state-owned Niger Delta University, has been cut off following the collapse of a bridge linking it with Yenagoa, the state capital.The bridge located between Edepie roundabout and Tombia in Southern-Ijaw local government area, was constructed by Shell Petroleum Development Company in the 60s. Though no life was lost, an eyewitness explained that the steel…