Nigeria seal AYC final spot

28 April 2011 Nigeria have booked a place in the 2011 African Youth Championships final after a comprehensive 2-0 victory over Mali at the Dobsonville Stadium on Thursday afternoon. The Flying Eagles were always in control of the game and earned their victory via goals from Uche Nwofor, his third of the tournament, and Stanley Okoro (penalty). Mali looked toothless…

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Women’s group blames politicians for violence

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As normalcy returned to Kaduna State after last week's political mayhem, Muslim and Christian women in the state blamed Nigerian leaders for the loss of lives and property that took place during the crisis. In a joint press conference yesterday in Kaduna, the women of the Interfaith Council of Muslim and Christian Women's Groups said it was inhuman for the…

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Jonathan begs Makarfi to work for Yakowa’s victory

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President Goodluck Jonathan has held meetings with the former governor of Kaduna State, Ahmed Makarfi, urging him to work for the victory of the People's Democratic Party (PDP) ahead of today's governorship and House of Assembly polls in the state. A reliable source from the presidency said that the president met with Mr Makarfi, the former gubernatorial contestant of the…

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Four die in Calabar boat accident

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Two months after 11 people lost their lives in a boat mishap near Calabar, the capital of Cross River State, another boat has capsized in the same river killing four of the passengers on board, including the boat operator. The latest incident has further instilled fear over marine transportation across the river from Calabar to Creek Town, as boats capsize…

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Labour-trade union feud still pending in court

The feud between the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) over the two factions of the Association of Senior Staff of Banks, Insurance and other Financial Institutions (ASSBIFI) is still pending at the National Industrial Court. The two unions are embroiled in a battle of wits over where the union belongs. A faction claims it belongs…

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Farmers settle N5.8bn in loan repayment

A total of N5.85 billion was repaid as loans by Nigerian farmers under the Agricultural Credit Guarantee Scheme Fund (ACGSF) last year. The highest repaid amount of N769.15 million, representing 13.15 percent of the total, was made by Delta State, followed by Katsina and Adamawa states with N667.21 million and N532.64 million, respectively. Ekiti had the lowest repayment figure of…

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Banks risk exclusion from automated clearing

The Central Bank of Nigeria (CBN) yesterday set end of June as deadline for full compliance to the proposal for the implementation of uniform customer bank account numbering system in the country. By that date, only banks with the Nigeria Uniform Bank Account Number (NUBAN) codes and validation test pass would be allowed access into the automated clearing system by…

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Ferguson braced for crucial week

27 April 2011 Manchester United boss Sir Alex Ferguson basked in the 2-0 Champions League semi-final first leg win over Schalke on Wednesday and admitted that his team now face a crucial seven days. United tackle Arsenal on Sunday and fellow Premier League title rivals Chelsea the weekend after with the return European leg against Schalke sandwiched in between. "I…

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Essien injury boost for Stars

27 April 2011 English side Chelsea have confirmed Michael Essien is not injured as initially feared which means he is on course for a Black Stars return in June as widely speculated. This also means Essiens charity game between an African XI select side and a World XI select side the AU Peace Ambassador has lined for 25 May will…

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Cleric asks politicians to show restraint in victory

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The primate of the Church of Nigeria, Anglican Communion, Nicholas Okoh, has appealed to politicians who won their elections to show restraint and humility in victory, while all who lost elections should take it in the spirit of sportsmanship and hope for another opportunity next time. Mr Okoh, who spoke with journalists in Abuja, also called on the federal government…

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‘No movement in Bauchi until Thursday’

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With less than 24 hours to the rescheduled gubernatorial and state House of Assembly election in Bauchi State, the state police command yesterday declared a 24-hour restriction on movement across the state, especially for people travelling from outside the state. The state police commissioner, Amanam John Abakasanga, who addressed journalists at the command headquarters in Bauchi on Tuesday, said the…

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Jonathan may declare state of emergency in Bauchi, Kaduna

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Goodluck Jonathan said yesterday that the rescheduled elections in Bauchi and Kaduna States will hold on Thursday as planned, but if the elections were not held, the federal government may be forced to impose a state of emergency in the two states. Mr Jonathan said this while talking to journalists after voting in his hometown, Otuoke, Bayelsa State, adding that…

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Stock market loses N449b

The Nigerian Stock Exchange recorded a total loss of N449 billion on equities at the close of trading activities in March, after recording significant losses of N260 billion in the preceding month. The market value of the 217 listed equities, which opened the month at N8.315 trillion, closed on the last trading day in March at N7.866 trillion, reflecting a…

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World Bank, AU launch 2011 World Development Report

Officials of both the World Bank and the African Union (AU) in Addis Ababa have launched the 2011 World Development Report, published by the World Bank. Sarah Cliff, a World Bank Representative, and Ramtane Lamamra, the AU Commissioner for Peace and Security, represented the two bodies at the occasion. Presenting the executive summary of the report, which was titled ‘Conflict,…

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