Unique models, forecasting techniques will boost economy – Experts
The Central Bank of Nigeria, CBN,is out with a new policy to nationalise the eight rescued banks, instead of liquidating them as previously planned, just as financial experts expressed fears that the economy may lose about N3.8 trillion depositors and shareholders funds should the apex bank liquidate affected banks.
Drought to worsen in Horn of Africa – UNICEF
The plight of millions of drought-stricken people across the Horn of Africa is set to worsen, with rains expected only later in the year and harvests months away, a top UN official warned Saturday
Rights groups urge French PM to disown Bongo
Rights groups and trade unions in Gabon on Saturday called on French Prime Minister Francois Fillon to condemn and withdraw support for President Ali Bongo Ondimba.
Arsenal eye Costa Rica striker Campbell
Premier League giants Arsenal are keen on signing promising 19-year-old Costa Rica striker Joel Campbell, local media reported on Friday.
Confession of suspected drug trafficker in Lagos
TWO suspected die-hard drug traffickers, Olasunkanmi Adeoyin Muftau and Arinze Michael are currently telling operatives of the National Drug Law Enforcement Agency NDLEA, the story of their lives after they were rounded up for allegedly being in possession of substances that tested for cocaine and heroin respectively.
Minimum Wage: Govs bow to Labour, agree to pay N18,000
The 36 state governors under the aegis of Nigeria Governors Forum (NGF) have decided to commence modalities for the implementation of the N18,000 new minimum wage “without further delay.”
Manchester City confirms interest in Aguero and Nasri
Manchester City manager Roberto Mancini has confirmed his interest in Atletico Madrid striker Sergio Aguero and also hopes to sign Arsenal midfielder Samir Nasri by the end of July
Delta govt issues ultimatum to street traders
The Delta State Government, yesterday issued a 21-day ultimatum to those trading on major streets in the State to vacate and relocate to the main markets in their areas or face the wraths of government.
Obama in moves to avert economic “Armageddon”
US President Barack Obama pressed polarized lawmakers Saturday to avert what he called economic “Armageddon” by quickly forging a deal to prevent an early August debt default by the world’s richest country.
Six passengers escape death at P.H. International Airport
ABOUT six staff of a multinational Oil Company reportedly escaped death by a hairs breath on Thursday when a chartered aircraft they boarded skidded off the runway at the Port Harcourt international airport, Omagwa.
Fashola flags off 2011 tree planting campaign in Lagos
Lagos State Governor, Mr Babatunde Fashola (SAN) on Thursday flagged off the Year 2011 Tree planting campaign day in the State with a charge to everyone that it is not enough to plant a tree but to preserve existing ones and protect them from those who may wish to cut them down for any reason.
