News

Cesc Fabregas: How Mourinho wooed me to Chelsea

Thursday, July 24, 2014
Cesc Fabregas gave his first interview as a Chelsea player to the clubs in-house TV station and in it he revealed that Jose Mourinho convinced him to join by opting to visit him instead of attending the final match of his sons football season. Once I spoke to the boss to Jose, when he came on a Sunday afternoon, missing his sons final gam ... Read more

How institutional investors drive up shares of multinationals in Africa

Thursday, July 24, 2014
Jude Fejekwu By continually purchasing the shares of multinationals over the years because they are familiar with the parent companies, Africa institutional investors have driven up the prices of these stocks to expensive levels. Despite these price surges that rarely reverse at a pace anywhere close to how they rose and disappointing results in ... Read more

Market depreciates for the 3rd consecutive day as sell-down persists

Thursday, July 24, 2014
The Nigerian Stock Exchange depreciated for the third consecutive trading day in the week as sell-down pressure intensified. Wednesdays loss further dipped YtD return to 2.94. Volume and value traded followed market direction, declining by 26.42 and 23.45 respectively. All NSE sector indices closed southward save NSEINS10 that gained 1. ... Read more

Unity Bank restructures, sacks 170 workers

Thursday, July 24, 2014
Unity Bank Plc on has sacked over 170 workers as part of its strategic re-positioning for effective service delivery, the bank said in a statement in Abuja In the statement on Wednesday, the bank also stated that it had recruited over 300 new members of staff, mostly at the entry level. According to the statement, , Unity Bank Plc has anno ... Read more

Twin bombing kills 42 in Kaduna

Thursday, July 24, 2014
Two bombings in Kaduna state targeting a prominent cleric and a former head-of-state killed at least 42 people on Wednesday, in the latest violence blamed on Boko Haram Islamists. Officials ordered everyone off the streets and imposed an around-the-clock curfew to restore order in the targeted city of Kaduna, as rescue workers raced to care for ... Read more

Eid-el-fitri: FG declares Monday, Tuesday public holidays

Thursday, July 24, 2014
The federal government of Nigeria has declared Monday and Tuesday 28-29 public holidays to mark this years Eid-el-fitri celebration. A statement issued in Abuja by the ministry of Interior on behalf of the federal government said the minister of Interior, Abba Moro, enjoined all Muslim faithful and Nigerians in general to extend the spiritua ... Read more

Abia govt. demolishes kidnapper's den

Thursday, July 24, 2014
Abia state government has demolished a building belonging to one Ogbuonye Ogbonna Daniel due to his involvement in kidnapping activities in the state. Security Adviser to Abia State Governor/State Task Force Chairman, Capt. Awa Udonsi Agwu rtd., who spoke to newsmen after the demolition of the bungalow at Umuariaga Oboro in Ikwuano LGA, said ... Read more

Bombers wanted to assassinate me – Buhari

Thursday, July 24, 2014
Former head of state, General Muhammadu Buhari retd has said that the second explosion that ripped through Kaduna on Wednesday was an assassination attempt on his life. Buhari said this in a statement he signed. I am personally involved in a clearly targeted bomb attack today at about 2:30pm on my way to Daura. Buhari, a national leader ... Read more

Plus-size Model wins praise for posting unretouched bikini photo

Thursday, July 24, 2014
Photo: Robyn Lawley/Instagram Australian model Robyn Lawley is no stranger to body talk. The 25-year-old chose health over mainstream success when she switched from straight-size to plus-size modeling. Since doing so, she has covered magazines including Vogue Italia, Elle France, and Cosmopolitan Australia and become the face of Mangos new plus- ... Read more

Sovereign Trust records growth in gross premium in Q1

Thursday, July 24, 2014
Sovereign Trust Plc has recorded a growth in its gross premium written, which rose 21 percent to N2.93 billion from N2.31 billion the same period of the corresponding year Q1 2013.Sovereign Trust underwriting capacity improved as net underwriting income spiked by 14.8 percent to N1.89 billion compared with N1.61 billion as at Q1 2013, while ... Read more

Zenith Bank posts N46.7bn net profit in Q2

Thursday, July 24, 2014
Zenith Bank Plc has released its half-year 2014 results, declaring a profit after tax of N46.669bn for the bank.The banks PAT for the six-month period ended June 30, 2014 is 18.13 per cent higher than the N39.508bn it declared for the same period of 2013.The result, which the bank filed with the Nigerian Stock Exchange, showed that it gr ... Read more

First Bank links PayPal to boost e-payment

Thursday, July 24, 2014
Global electronic payments provider, PayPal, and First Bank of Nigeria Limited have collaborated to boost the Central Bank of Nigerias cashless policy drive.As a result, the two companies have announced a partnership that enables First Bank customers to register for a PayPal account from their Internet-banking account.By linking First B ... Read more

Electricity: FG mulls new sanctions for bills defaulters

Thursday, July 24, 2014
The Federal Government, yesterday, vowed to mete out severe sanctions to perpetual defaulters in the payment of electricity bills.According to a statement by Mr. Benjamin Dikki, Director-General, Bureau of Public Enterprises, BPE, government is considering a law stipulating stiffer sanctions for perpetrators of energy theft, perpetual bill def ... Read more

Okonjo-Iweala pacifies finance workers as protesters demand Perm Sec removal

Thursday, July 24, 2014
The Minister of Finance and Co-ordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala yesterday intervened to douse tensions in the ministry as workers downed tools demanding immediate removal of the Permanent Secretary Mrs Anastasia Nwaobia.The workers of the ministry grounded business activities over what they described as poor welfare ... Read more

Commonwealth Games kicks off in Glasgow

Thursday, July 24, 2014
The 2014 Commonwealth Games opening ceremony has taken place at Celtic Park in Glasgow.Thousands of athletes from 71 nations and territories took part before a 40,000-strong crowd and a global TV audience up up to one billion people.Their traditional parade around the stadium followed a live show featuring about 2,000 cast members.Th ... Read more
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Southerners panic in Kano over thre

Sunday, July 20, 2014

A palpable panic has gripped non-northern­ers resident in Kano State following a ...
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100-metre giant hole appears at the

100-metre giant hole appears at the ‘End of the World’ Friday, July 18, 2014

Courtesy: YouTube Reports about the sudden appearance of a mysterious giant ho ...
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Rochas Okorocha: If what I have don

Rochas Okorocha: If what I have done can’t bring me back, then I quit Saturday, July 19, 2014

Rochas  Okorocha Governor Rochas Anayochukwu Okorocha, of Imo State, is an int ...
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RCCG Pastor killed by Boko Haram

RCCG Pastor killed  by Boko Haram Saturday, July 19, 2014

A pastor of Redeemed Christian Church of God (RCCG) Taiwo Dokun has been killed ...
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Coalition mobilise to drum support

Coalition mobilise to drum support for Jonathan Sunday, July 20, 2014

The Coalition of Political Support Groups in Cross River says it is has begun ma ...
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Air Force plane crashes in Borno

Tuesday, July 22, 2014

A Mi-35 Helicopter belonging to the Nigerian Air Force crashed on Monday due to ...
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