From the monthly archives: August 2009

Oceanic Bank customers pledge support to new management

On August 29, 2009 · In Business

A CROSS section of customers and key stakeholders in Oceanic Bank International Plc have expressed their support for the bank’s new managing director, John Aboh and his management team for their repositioning efforts so as to sustain the bank’s leading position in the industry. They pledged their support at a special interactive meeting with the new Managing Director held in Abuja. The meeting is the first in the series lined up by the new Chief Executive to meet with key stakeholders in the bank.

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Margin facilities: Risks to lender/financial institution

On August 29, 2009 · In Business

BANKS generate revenue by granting credit facilities to customers for a number of purposes from projects (project finance), purchase of manufacturing equipment, import, export, property (mortgage), acquisitions/mergers, buying of shares (margin facility) to business start-up or expansion.

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Mutiny: Army commutes life imprisonment to 7-yr jail term

On August 29, 2009 · In News

By  Kingsley Omonobi

Abuja – For the 28 Nigerian Army soldiers who served in the 15th battalion in the United Nations’ Mission in Liberia, but who engaged themselves in a violent demonstration on the streets of Akure, the Ondo State capital, between the 4th and 5th of July, 2009, over allowances, some reprieve came [...]

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Danger! Nigeria may be thrown out of the Olympic Movement — Okereke-Onyuike

On August 29, 2009 · In Sports

AS an advocate for the growth of Baseball and softball in Nigeria, what are the restrains of the game in this country?
The major challenge of the development of this game in Nigeria is lack of equipment because it is not like football where any child can just kick off a plastic ball and he starts playing.

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Why I did not stop Obasanjo from becoming President in 1999, by Alex Ekwueme (2)

On August 29, 2009 · In Interview

Alex Ekwueme! For Nigeria’s Second Republic vice president, this second part of his encounter with Sunday Vanguard is as explosive as is revealing.

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Iloh suspects ‘unfriendliness’ for Eagles wobbly play

On August 29, 2009 · In Sports

With a week to the crucial 2010 World Cup qualifier between the Super Eagles and the Carthage Eagles of Tunisia in Abuja, former chairman of Nigeria Cycling Federation, Reverend (Dr.) Moses Iloh has come out with a shocking declaration that the team is not yet a winning side because of the ‘unfriendly’ aura within the team.

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Navy Service Cup kicks off in Lagos

On August 29, 2009 · In Sports

The First Nigeria Navy Service Co’s Cup kicked off last Sunday at the Navy Town football field, in Ojo Lagos with NNS Wey team defeating NNS Damisa 7-4 in the opening match.

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Vital lessons for Nigeria

On August 29, 2009 · In Sports

It is no more news that the World Athletics Championship was held last week and it coasted well in Berlin. The World Championship is the equivalent of the Football World Cup event loved by everyone, a version(U-17) of which is to be hosted by Nigeria this year.

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Gov Goje urged to probe Gombe sports commissioner over N12m

On August 29, 2009 · In Sports

Former Chairman of the Gombe State Football Association, Alhaji Ahmed Gara Gombe has taken his battle to rid sports of injustice and corruption to his home state with a call on the state governor, Alhaji Mohammed Danjuma Goje to investigate the sports commissioner, Alhaji Ahmed Yayari over an alleged ‘missing’ N12 million budget for the club’s FA Cup campaign.

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Can Pillars crush Al Hilal?

On August 29, 2009 · In Sports

The city of Kano will be agog today as the state football team, Kano Pillars, Nigeria’s flag bearers in the 2009 Africa Champions League aim to topple Al Hilal Omdurman of Sudan in the fourth leg of the group stage of the competition.

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2010: Howard hails united front against Tunisia

On August 29, 2009 · In Sports

A one time junior national team captain, Franklin Howard has commended the united approach by players, coaches and administrators towards ensuring Nigeria beats Tunisia in the 2010 World Cup qualifier on September 6 in Abuja. Speaking in Lagos, Howard, captain of the 1981 set of Flying Eagles commended the total commitment shown by players and coaches of the national team towards making a success of the remainder of Nigeria’s group matches against Tunisia, Kenya and Mozambique.

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How far can Sanusi go … to check effects of clampdown on banks

On August 29, 2009 · In News

Economic decisions are made on the basis of trade policy options and trade offs. How much of a given thing do we need to give up in order to achieve a given objective

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Banking Reform:Sanusi Seeks Understanding of International Community

On August 29, 2009 · In Finance

As public sympathy begins to wane on the Central Bank governor’s action that led to the sack of five banks chiefs a fortnight ago as more light is shed on the issues raised, the governor last Friday went abroad to garner support among the international community

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GlaxoSmithKline Unveils Cafenol Extra

On August 29, 2009 · In Finance

GlaxoSmithKline Nigeria Plc (GSK) has launched a new product called Cafenol Extra.Speaking during the public presentation of the product, the Managing Director of the company, Mr. Sameer Goel said that Cafenol Extra was developed after years of research and innovation.

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