Thierry Henry is facing the prospect of being banned from the start of next summer’s World Cup finals after FIFA announced their disciplinary committee had opened proceedings against the French striker for his infamous handball.
The incident in the World Cup play-off against the Republic of Ireland was the main subject of an emergency meeting of the FIFA executive committee in Cape Town yesterday.

The Lagos State government has disclosed that one of its pilgrims to this year’s hajj, Alhaji Idris Afolabi, has died of renal failure in Saudi Arabia.

Nigeria lacks strategic trading partner with the rest of the world in terms of international trade, says Professor Wale Omole.

By Babajide Komolafe The African Development Bank has disclosed that it will invest $30 million to facilitate infrastructure development in Africa. A statement issued  issued by the bank said  “The Board of Directors of the African Development Bank (AfDB) approved an equity investment of $30m to the African Infrastructure Investment Fund 2 which is the […]

By Amaka Agwuegbo First City Monument Bank, FCMB, is set to sponsor eye surgery for 600 cataract patients as part of its Corporate Social Responsibility (CSR). This was disclosed by the Executive Director/Chief Operating Officer, FCMB, Mr. Anurag Saxena, who said this year’s CSR is to make an impact on the community that has given […]

The Civil Liberties Organization (CLO) has called on the Police in Rivers State to immediately release the duo of Mr. Faka Tamunotonye Kalio and Stanley Adiele Uwakwe who have been in their custody since May 10 this year.

By Peter Osalor In the context of these entrenched disparities, an entrepreneurial revolution is the veritable last recourse for a country desperate on rejoining the mainstream of economic growth. Nigeria is a signatory to the UN Millennial Declaration of 2000 that proposes universal basic human rights to health, shelter, education and security by 2015. Abuja […]

By Naomi Uzor The Managing Director, Bank of Industry (BOI), Ms. Evelyn Oputu has challenged women entrepreneurs in the country to do more than they are presently doing, saying “the women themselves need to do a lot of image enhancing in their business endeavours.” Oputu who addressed participants at a two day training workshop for […]

THE member representing Ughelli North, Ughelli South and Udu Federal constituency in the House of Representatives, Chief Solomon Ahwinawhi, has donated 75 motorcycles and 120 sewing machines to 195 indigent persons in the constituency.

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has scored Public – Private partnership (PPP) high, saying it has given the economy a big boost in recent years. Accordingly, the Association called on governments at all levels to carry along the private sector in all PPP projects. NACCIMA President, Dr. Simon […]

By Ikeoye Oyetoro Nigeria, and 241 other countries are warming up to participate in Shanghai World Expo 2010 in China. The Deputy Director General (Vice Chairman) Bureau of Shanghai World Expo Coordination, Shanghai Municipal People’ Government Construction and Communication, Mr. Huang Jianzhi who disclosed this, stated that Nigeria and 241 other countries have confirmed their […]

By Michael Eboh Investors’ woes heightened, Tuesday, as the value of their investments on the Nigerian Stock Exchange (NSE) dipped further by N45.84 billion. The market capitalisation, representing the total market value of listed equities, plunged by 0.92 per cent, from N4.998 trillion at which it opened, closing at N4.952 trillion. The All-share index, another […]

By Michael Eboh West African Glass Company Plc has given hints of a possible discontinuation of business activities due to difficulties and challenges confronting its operational activities. The company, in a statement made available to the investing community disclosed that its going concern is under threat due to a negative working capital and shareholders’ fund. […]

DEPUTY GOVERNOR of Delta State, Prof Amos Utuama, has said that oil communities in the state have started witnessing a new lease of life, with the creation of Delta State Oil Producing Areas Develop-ment Commission (DESOPADEC) by the state government.

By Franklin Alli & Naomi Uzor Asiwaju Solomon Onafowokan will today bow out as the President of Lagos Chamber of Commerce and Industry.  He will be succeeded by his  Deputy President Otunba Femi Deru. The Chamber also clocked 121 years today. A statement from the Chamber’s Secretariat, signed by its image maker, Mr. Tope Oluwaleye,  […]