Acid rain palavar

Acid rain palavar

Kai, Nigerians love life. Nigeria no good, Nigeria no good, yet none of us is willing to die and depart from this sinful world”. This was how Mr Kennedy set the ball rolling in the Friday morning Lagos traffic in reference to the heavy downpour the previous day in some parts of the metropolis. People were afraid and it showed in their actions. As soon as the rains started, there was pandemonium as people ran for safety to escape from the ‘evil’ rain.
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Draws for Africa jnr tennis hold today

Draws for Africa jnr tennis hold today

The draws for the 33rd edition of the Africa Junior Tennis Championships will be held this evening at the Package B tennis section of the national Stadium, Abuja. Already on ground to perform the event that will serve off the tournament proper is International Tennis Federation (ITF)/Confederation of African Tennis (CAT) Development officer for West and Central Africa, Amine Ben Makhlouf said.

Massive capital flight hits Nigeria as deposit rates crash to 3%

Massive capital flight hits Nigeria as deposit rates crash to 3%

Vanguard investigation showed that Investors have started to move their funds out of the country to neighbouring countries in response to falling deposit rates which crashed to three per cent in the last two months though the CBN monetary policy rate is 6 per cent.

Entrepreneurialism: The Solution to Combating Youth Crime in Nigeria

Entrepreneurialism: The Solution to Combating Youth Crime in Nigeria

Despite achieving an inspiring growth rate of 7% per annum since 2001, Nigeria remains crippled with massive unemployment levels that continue to exact a considerable toll on its socio-economic prospects. Credible data on this count is lacking for most of sub-Saharan Africa, but Abuja concedes that 70% of the population was jobless as recently as 2007.

Winner emerges in Diamond Bank’s  special autoloan promo

Winner emerges in Diamond Bank’s special autoloan promo

Diamond Bank has continued to put smiles on the faces of its customers as one of its Trans Amadi branch customers and a staff of the Niger Delta Development Commission (NDDC), Mr. Luke Benedict Ibanga, has become the latest beneficiary of the Bank’s numerous consumer rewards, when he emerged winner of a free loan repayment in the first phase of the Honda/Diamond Bank special auto loan scheme’s draw which held in Lagos recently.

EQUITIES: Market indices to rise further

EQUITIES: Market indices to rise further

The upward trend in the equities’ segment of the Nigerian Stock Exchange (NSE) is expected to continue, this week, as investors continue to shy away from the fixed income market and money market instruments due to crash in deposit rates and over-valued bond prices.

Unity Bank,  others face problem, Northern Gov

Unity Bank, others face problem, Northern Gov

KADUNA:The 19 northern governors have expressed concern over the operational difficulties being faced by the Unity Bank Plc., the Kaduna Textiles, the New Nigerian Newspapers (NNN) and the New Nigeria Development Company (NDDC).

UBA acquires state of the art fire fighting truck

UBA acquires state of the art fire fighting truck

Lagos; In line with global safety standards, United Bank for Africa (UBA) Plc; the pan-African banking group, has acquired a state-of-the-art fire fighting truck, capable of fighting fire incidents in all conditions. The vehicle, acquired by the bank, among other advanced fire fighting machines, is in further demonstration of its commitment to ensuring a safe and conducive working environment at all times.