From the monthly archives: July 2009

Femi Otedola: One Battle Too Many

On July 25, 2009 · In Finance

By Lucky Fiakpa
Battle-tested African Petroleum and its chairman, Mr. Femi Otedola, are in for another major legal tussle with Access Bank and this could take several years to decide given the Nigerian legal system, Lucky Fiakpa writes

What could be the problem with African Petroleum Plc? The company has always been in the [...]

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Nigeria needs spiritual adjustment, says Alile

On July 25, 2009 · In Religion & Beliefs

SPIRITUAL leader of Saint Joseph Chosen Church of God, Apostle Hayford Alile recently launched a the sticker for a proposed national conferenceon leadership scheduled for thrre cities in Nigeria come September this year. At the end of the exercise Sudnay Vanguard asked him the purpose of the conference.

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Oil and Gas Insurance: Still some Grounds to Cover

On July 25, 2009 · In Finance

By Patience Saghana
With less than six months to the 2010 deadline when insurance companies will be underwriting at least 70 per cent of risks in the oil and gas sector, not much ground has been covered in spite of efforts put in place by the sector to meet up with the target.

The [...]

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Ebonyi State’s 10% stake in Nigercem stalls resuscitation —Nehikhare

On July 25, 2009 · In Business

Nigeria Cement Company Plc (NIGERCEM) Nkalagu, Ebonyi State, was incorporated in 1954. It was the first cement industry in Nigeria established by the then Eastern Nigeria regional government. Its fortunes, however, started dwindling in the 80s and by 2002 the five states of the South East decided to sell it to private investors. By then the factory had closed shops and was in huge debts.

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Nigeria Breweries Supports Creative Writing with N7m

On July 25, 2009 · In Finance

Nigerian Breweries Plc has announced support for Farafina Trust creative writing workshop with N7 million.
The ten day workshop which has been scheduled to hold in Lagos September 17 – 26, is expected to groom 25 participants in the art of creative writing so that they can become future Nobel laureates in literature.

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Confederation Cup: Obienu blasts NFF

On July 25, 2009 · In Sports

THE decision of the Nigeria Football Federation (NFF) to give the second Confederation Cup slot to Warri Wolves Football Club ahead of Sharks who finished second in the 2009 Federation Cup is still generating a lot of furore with Barister Nwabufo Obienu alleging undercurrent deals between the football officials and the Warri team.

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‘We Must Work Hard Like Asians to Industrialise’

On July 25, 2009 · In Finance

Dr. Simon Okolo is the President, Nigerian Association of  Chambers of Commerce, Industry, Mines and Agriculture
(NACCIMA) and in this interview with Franklin Alli, he says political will is needed to diversify the economy from total dependence on oil to agriculture and industrial goods production.  Excerpt

As a medical doctor and an industrialists, what [...]

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Why I refused to quit Abacha govt, Jakande, at 80, opens up

On July 25, 2009 · In Special Report

Bola Ahmed Tinubu and MKO came to me here in this house and MKO said `they are my friends’. I told them that the ministry that suited me was ministry of works and housing and asked MKO that ‘these your soldier friends, when would they go?’ He said it won’t be long but Tinubu said it might be 12 months, it might be 15 months. I then said I would think about it.

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U-17 World Cup: Kano SWAN warns on Sani Abacha stadium

On July 25, 2009 · In Sports

Sports Writers Association Of Nigeria (SWAN) Kano state chapter has warned that unless the state government compels contractors handling the renovation works at the Sani Abacha Stadium to speed up, the dream of the state being one of the hosting states for the World Under-17 football championship will be a mirage.

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OUTRAGED!!!

On July 25, 2009 · In Sports

I outraged nobi small. Wetin be dis call of JJ to come back to Eagles. I wan ask weda em forget anything for there. Where him dey wen Naija no qualify for World Cup in Germany. Time don reach wen we go learn to move forward instead of making progress from behind.

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Chukwuma Sets With Team To Reposition Nigeria Re

On July 25, 2009 · In Finance

Substantive Managing Director of Nigeria Reinsurance Corporation, Mrs. Isioma Chukwuma, has said that she planned to reposition the company in order to be a strong reinsurance company that it used to be.

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Crystal Life, Intercontinental Wapic begin Awareness Campaign

On July 25, 2009 · In Finance

The on-going mass awareness campaign in the Nigerian insurance industry has received yet another boost with the recent enlistment of Intercontinental Wapic Insurance and Crystal Life Insurance.

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Nigeria lacks clear cut development plan— IPN boss

On July 25, 2009 · In Business

Dr Mccarthy Ijiebor is the president/founder of the Institute of Planning, Nigeria. In this interview he speaks on why the country must begin to learn how to prioritise it programmes particularly by looking at cost and benefit of real action that would stimulate an enduring economic development.

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Insurance College Concludes Course on Insurance Marketing

On July 25, 2009 · In Finance

The College of Insurance and Financial Management, a training arm of the Chartered Insurance Institute of Nigeria has announced the conclusion of a six month Certificate Course in Insurance Marketing for operators in the industry.

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