Fidelity Bank shareholders approve licence bid

Fidelity Bank Plc on Wednesday said its application for an international licence had the full backing of its shareholders. The group head of marketing and communications in the bank, Emma Esinnah, told the News Agency of Nigeria (NAN) in Lagos that the bank’s application for the licence was approved by the shareholders in December. Mr. Esinnah said the ratification for…

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Nigeria sells N66.5b in sovereign bonds

Nigeria sold 66.5 billion naira in 5-year and 3-year sovereign bonds at its second debt auction of the year, the Debt Management Office (DMO) said on Thursday. The debt office sold 30 billion naira in the 5-year and 36.5 billion in the 3-year instruments at Wednesday’s auction with marginal rates of 11 per cent and 9.25 per cent respectively, slightly…

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Zambia’s economy to grow by 6.5 per cent

Zambia’s economy is expected to grow 6.5 per cent this year and 6.6 per cent next year on the back of a rally in copper prices and improvement in agriculture, a Reuters poll of 12 economists showed on Thursday. “We expect copper prices to remain elevated due to sustained global demand, particularly from China,” said Gregan Anderson, analyst at the…

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Governorship candidate pledges to improve agriculture

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Godwin David, the gubernatorial candidate of the New Nigeria People’s Party (NNPP) in Rivers State, has promised to improve agricultural sector performance, if elected. Mr David, a former Personal Assistant to the Mayor of Port Harcourt City, said this in an interview with the News Agency of Nigeria (NAN) on Thursday in Port Harcourt. He said that he would create…

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Women launch peace initiative in Plateau State

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The Women Without Walls Initiative, a non-governmental organisation based in Jos, the Plateau State capital has given the Plateau State government a peace proposal to implement. The co-ordinator of the group, Esther Ibanga, explained that they are united with a vision “to develop a non-violent, creative and inclusive approach for conflict resolution and transformation in Nigeria, through women.” “We note…

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Revenue commission to check abuses by collecting agencies

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said it is seeking ways to check revenue collecting agencies who fail to remit all monies to the coffers of government. One instance of the abuses has been the refusal by the Nigerian National Petroleum Corporation (NNPC) management to pay to the Federation Accounts about N450 billion realised from its operations since…

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Napoli, Liverpool held to draws

17 February 2011 Serie A title-chasers Napoli will travel to Spanish opponents Villarreal next week with their Europa League hopes in the balance after they were held 0-0 in their last 32 first-leg clash. It will not be the ideal scenario for the former Italian champions -- playing in only their second European campaign in 16 years -- as days…

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Shock troopers vs top guns

18 February 2011 Two matches stand out in this weekends Nigeria Premier League clashes leaders Dolphin host third-placed Bukola Babes and Sunshine Stars tackle Kano Pillars at home. Dolphin will be favourites to beat Bukola Babes and maintain a four-point lead at the top of the NPL, but then are up against a hungry, glory-seeking club who have not lost…

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Essien commits future to Ghana

18 February 2011 Michael Essien is promising a future return to international football, after more than a year without playing for Ghana, but suggested it will not be against England at Wembley next month. The Chelsea midfielders return, after requesting a break to concentrate on his club career, has been the subject of intense speculation in recent days but Essien…

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Task Force accuses petroleum unions of sabotage

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Chairman of the Edo State Task Force on protection of pipeline vandalisation committee, Osakpamwan Eriyo has accused officials of the National Union of Petroleum and Natural Gas Workers (NUPENG) and Petroleum Tanker Drivers’ Association, Benin Depot of being responsible for pipeline vandalism. Mr Eriyo further accused the two unions of being behind the adulteration of petroleum products in Edo and…

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Adamawa governor inaugurates reelection campaign committee

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Adamawa State governor, Murtala Nyako, has inaugurated a 37-member campaign committee with a pledge that his government will work to maintain peace and tranquility of the state by increasing household income of families in the state and reducing the cost of living. The governor, whose special assistance scheme is widely condemned by members of the opposition, said this policy is…

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Opposition may field joint governorship candidate for Ogun

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While the People’s Democratic Party (PDP) in Ogun State is battling with infighting, the state chapter of the Conference of Nigerian Political Parties (CNPP) has taken a position to adopt a joint candidate to vie for the office of the governor in the April elections. The chairman of the group, Owolabi Odebudo said at a press conference held at Hero…

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Celebrity birthdays this weekend

Dr.Dre: Andre Romelle Young, AKA Dr. Dre is regarded as the chief architect of American West Coast rap. He is a veteran rapper, record producer and record label executive. He turns 46 today. John Travolta: Popular Hollywood actor, John Travolta clocks 57 today. He has starred in dozens of flicks including ‘Be Cool’ (2005), ‘Broken Arrow’ (1996) and ‘Swordfish’ (2001)…

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X FACTOR: Sammie Okposo

Gospel singer, Sammie Okposo became popular after the release of the track ‘Welu Welu’ off his debut album ‘Unconditional Love’. Now on his fourth album, a double CD titled ‘The Statement’, the singer cum producer has grown to be one of Nigeria’s leading gospel acts. With several awards to his credit, Okposo wrote and produced the theme song for President…

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J. Martins honored

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J. Martins It was non-stop fun last night when one of Nigeria’s most accomplished producer/artiste, J. Martins, was feted to cocktail. Organised and hosted by April, Benjamin and Dawn Communications, a media service and content provider organization, the event  attracted the cream of who’s who in the entertainment industry and all walks of life. It was indeed a roll call…

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