Nigeria plans to auction a total of N109.27 billion ($716 million) in 91-day,182-day and 364-day debt next week, the Central bank said on Thursday. The regulator said it will issue N39.27 billion in 91-day bills, 40 billion in 182-day bills and 30 billion in 364-day bonds next Thursday, using the Dutch Auction System.The result will be released the following day.…
Kenya will issue a 30-year savings development bond and a 2-year bond to raise a total of 18 billion shillings, the Central Bank said on Thursday. The 30-year bond is the first of its kind and the longest dated bond yet. It will come with a coupon of 12 per cent, paid every six months, the bank said in a…
Royal Dutch Shell is facing opposition to its plans to seek shale gas in South Africa’s semi-desert Karoo region, as farmers fear methods used to extract it will contaminate water and harm the environment. The outcome of whether Shell is allowed to proceed could affect prospects for other oil and gas companies in the Karoo, which may hold substantial deposits…
3 February 2011 Inter Milan moved up to third in the Serie A table after labouring to a 3-0 victory at rock bottom Bari on Thursday. Following league leaders AC Milan's 0-0 draw with Lazio on Tuesday, Inter closed the gap to their bitter city rivals to seven points and with a game in hand. Although the final score appeared…
4 February 2011 It will be first against second in a titanic clash of the NPL on Saturday when Dolphin host closest rivals Sunshine Stars in Port Harcourt. Two-time league kings Dolphin have led the standings for several weeks only for their lead to be cut back to a single point after they slipped 2-0 at Ocean Boys, while Sunshine…
The Kano State government has declared Friday a work-free day to enable public servants in the state to register, the Commissioner for Information Haruna Dederi, has said. The commissioner, who announced this on Wednesday shortly after the state executive council meeting, said the decision was taken to build on the success recorded during the exercise. Mr. Dederi said the holiday…
An Osogbo High Court on Tuesday stopped the efforts of three members of the People’s Democratic Party in the State House of Assembly to stop the ongoing screening exercise of local government council caretaker committees. The court denied an application for an interim injunction to halt the Assembly from further screening members of the caretaker committees. Governor Rauf Aregbesola had…
Protests continued yesterday at the Ibadan General Post office, Dugbe and other units in the state which have been closed since last Thursday over the non-payment of pensioners’ pay. Adeniyi Adeleke, national secretary of the National Union of Pensioners (NUP), NIPOST branch, said the group was angry with NIPOST because of its alleged “conscious efforts” to decimate their ranks. Mr.…
The TouristColumbia Pictures2010 Critics have not spared ‘The Tourist’ for flopping at the box office. The combined effect of the smoldering and mysterious Angelina Jolie and the brilliant Johnny Depp, who sent us into paroxysms of laughter as hilarious Captain Jack Sparrow in the ‘Pirates of the Caribbean’ series, was not enough to give the ‘Tourist’ a pass. Jolie’s character,…
A graduate of Pharmacy from Olabisi Onabanjo University, Olufunmi Oyediran is the Chief Executive Officer of Remedi Inc,a health,fitness and beauty outfit established in 2009. Olufunmi is a Certified Fitness Instructor with the International Sports Sciences Association (ISSA), and also holds a Diploma in Professional Makeup and Skincare form the South-African outlet of Revlon, a cosmetics brand. She speaks about…
The 2011 instalment of the annual The Future Awards, in its sixth lap, came with a lot of changes. The changes however brought with it mixed outcomes. For one, although it still held on a Sunday night, in this case on January 30, 2011, the venue moved to the bigger arena of The Landmark Event Centre, Lekki, from the petite…
Relatively Speaking The Future is Bright —Raola Tejuosho By the time Princess Moji Tejuosho was the age her daughter is now, she had had her first child and had another on the way. Moji TejuoshoThough her daughter Rao wants to settle down sometime in the future when the right man comes along, it is the prospect of work that seems…
There are many reasons why women do not participate in the different levels of society. They are preoccupied with care: of husbands, children, step children, mothers, in laws, grandmother, and every one else you can think of. Senator EkaetteIt is fair to assume, therefore, that the women who have smashed the glass ceilings, as it were, or merely cracked it…
Comedian Tee A is fun to follow on Twitter. Apart from his Monday morning wisdom nuggets which he calls ‘#Tee A speaks’, he’s relaxed and funny all through the rest of the hours. On Tuesday, the preferred MC got a brainwave and he tweeted: “*Random tho(ugh)t* I want to give myself a traditional title on twitter”. With over 3,900 followers,…
Gulf Arab fund managers who only weeks ago were predicting Egypt would be the top regional performer in 2011, are now caught in the country’s political upheaval as the local financial markets remain shut. The main Egyptian share market index has dropped more than 21 per cent since the start of the year and financial markets have now been shut…