Ten World Cup upsets

Ten World Cup upsets

England had won their opening match against Chile and were expected to crush the United States and advance to the Final Pool. However, a team containing future World Cup_winning coach Alf Ramsey, Tom Finney and Stan Mortensen lost to a 38th minute goal from Haitian_born Joe Gaetjens. England were then beaten by Spain in their next match and eliminated.
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WCF strengthens ties with African, Asian chambers

WCF strengthens ties with African, Asian chambers

Chair of the ICC World Chambers Federation (WCF), Rona Yircali, recently met with chamber organisations in Asia and Africa in a bid to strengthen the global chamber network and garner insight into chamber needs in those regions.

ICC calls on G8, G20 to keep markets open

ICC calls on G8, G20 to keep markets open

IN the wake of one of the most challenging years in business history, International Chamber of Commerce (ICC) has called on G8 and G20 leaders, met in Toronto to take action in three areas that are crucial to the future of the world economy: International trade and investment; climate change and energy; and intellectual property and innovation.

Data shows reasons for optimism for South Africa tourism

Data shows reasons for optimism for South Africa tourism

A released data by Visa has shown that South Africa saw a 34 percent increase in inbound tourism spending during the first quarter of 2010, and anticipates additional growth opportunities at the on going 2010 FIFA World Cup.

Microfinance banks can fight poverty

Microfinance banks can fight poverty

The managing director of Integrated Microfinance Bank, Mr. Adamu Ibrahim, has said microfinance banks (MFBs) can fight poverty if appropriate structures and the needed expertise are put in place.

Total shareholders seek Rights Issue, commend performance

Total shareholders seek Rights Issue, commend performance

Shareholders of Total Nigeria Plc have asked its Board of Directors to come up with a Right Issue that will enable them increase their stake, just as they commended the performance of the company for the financial year ended December 2009.

May & Baker eyes N40bn international funds

May & Baker eyes N40bn international funds

May and Baker Nigeria Plc has declared its willingness to access the N40 billion international funds, even as it intensify effort to complete the construction of its ultra modern pharmaceutical plant by September 2010.

NSE indices plunge further by 0.78%

NSE indices plunge further by 0.78%

The declining fortune of the key performance indicators of the Nigerian Stock Exchange continued, Wednesday, as the market capitalisation and All-share index both dropped by 0.78 per cent each, leading to a decline in equities’ value by N48.91 billion.

Oceanic Bank  defaults in paying one for 10 bonus to shareholders

Oceanic Bank defaults in paying one for 10 bonus to shareholders

Oceanic Bank Plc on Tuesday announced its inability to give a bonus of one for 10 earlier promised its shareholders. The Director General of the Nigerian Stock Exchange (NSE), Prof. Ndi Okereke-Onyiuke, who made the announcement in Lagos, explained that the bank could not meet its promises because it was technically insolvent.

Farm trade safeguard would  have limited impact ,study

Farm trade safeguard would have limited impact ,study

A controversial plan to allow developing countries to raise tariffs temporarily to cope with a destabilising flood of food imports or drop in food prices would actually have little impact on trade flows, a new study shows.

Total MD says deregulation  will boost Nigerian economy

Total MD says deregulation will boost Nigerian economy

The Managing Director of Total Nig. Plc, Mr Domnique Thorlorn, says that the deregulation of the downstream sub-sector of the oil industry will boost the nation’’s economy and attract foreign investment. Thorlorn spoke in Lagos on Tuesday at a dinner held ahead of his company’’s annual general meeting slated for Wednesday. He said that the […]

Agency trains 261,000 youths in  Bauchi

Agency trains 261,000 youths in Bauchi

As part of its efforts at tackling problem of unemployment in the state, the Bauchi State Commission for Youth and Women Rehabilitation and Development, BACYWORD, has trained 261,000 youths and women in various developmental programmes, just as it plans to enroll more people in the training for the remaining part of the year.