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Oyo ready for Alaafin United Boxing Championship

Oyo ready for Alaafin United Boxing Championship

he ancient city of Oyo will shake to its foundation next month as the maiden “Alaafin of Oyo United Boxing Champi-onship” holds from October 7th to 15th, 2016 at the Oyo Township Stadium. The boxing tournament is being put together by the Universal Boxing Council, UBC Super Middleweight Championship, Mojeed Okedara.

Mother dies rescuing 2 children from inferno

Mother dies rescuing 2 children from inferno

A 42-year-old mother, Mrs. Blessing Arigi-Osakwe, lost her life yesterday to injuries sustained while attempting to save her two children from an inferno in Sokoto State.

5 Nigerian referees fail FIFA fitness test

5 Nigerian referees fail FIFA fitness test

Five Nigerian male football referees have failed the FIFA Physical Fitness Test held at the main bowl of the National stadium Abuja on Saturday. The match officials are among the 16 ungraded FIFA referees invited by the Nigeria Referees Association (NRA) for a possible upgrade.

Call for postponement of Edo elections was wrongly timed — TMG

Call for postponement of Edo elections was wrongly timed — TMG

The Transition Monitoring Group (TMG) and the Conference of Edo State Non- Governmental Organizations have flayed the security advise from the Police and the Department of State Services, DSS that instigated the poll shift as poorly timed and wrongly presented.

2018 W/Cup qualifier: Eagles  squad  out

2018 W/Cup qualifier: Eagles squad out

Nigeria coach Gernot Rohr will pick his squad for next month’s 2018 World Cup qualifier in Zambia in two weeks, officials have disclosed.

CBN to quit as ‘Lender of Last Resort’ to banking system

CBN to quit as ‘Lender of Last Resort’ to banking system

The Central Bank of Nigeria (CBN) will soon stop performing its role as ‘lender of last resort’ to the banking system. CBN Governor, Mr. Godwin Emefiele disclosed this in Abuja at the annual Banking and Finance Conference of the Chartered Institute of Bankers of Nigeria (CIBN).

Nigerian Economic Summit 2016: Made in Nigeria as panacea for economic recovery

Nigerian Economic Summit 2016: Made in Nigeria as panacea for economic recovery

As the Nigerian Economic Summit Group, NESG has concluded arrangements to host this year’s summit, it is expected that both Government officials and array of private sector chieftains across the sectors of the economy would grace the occasion to discuss issues affecting the economy and provide panacea to addressing the economic challenges facing the country.

Unemployed Nigerian youths and job creation

Unemployed Nigerian youths and job creation

When there was oil boom and a somewhat stable economy, the issue of unemployment was a very big problem. Now that Nigeria is experiencing economic crisis, one wonders what the hope of the teeming unemployed Nigerian youths would be. Nigeria’s economy has been hurting on account of the drop in oil prices at the international oil market. All oil producing countries around the globe are feeling the impact of the historic fall in the price of crude oil.

CBN injects N2trn intervention funds in 7 years, creates 6.2 million jobs

CBN injects N2trn intervention funds in 7 years, creates 6.2 million jobs

Central Bank of Nigeria has in the last seven years injected about N2 trillion into the economy in its various intervention schemes. The interventions funded about 1,686 projects which have created a total of 6.2 million jobs in agriculture, industry, aviation among others. An industry report on CBN interventions sighted by Financial Vanguard showed that the interventions of the CBN into the economy were directed at diversifying the economy, job creation and promotion of inclusive growth.

Inflation: The quiet plague

Inflation: The quiet plague

Nigerians know too well, that sinking feeling when all items on the household shopping list cannot be covered by the regular budget. The options are either to cut down or do without some basic items, or alternatively make do with less preferred but cheaper substitutes. The depressive impact of a continuous price spiral on the average family’s welfare is therefore a very familiar theme.

Non-passage of NPSM bill, hindrance to combating  e-fraud —CBN

Non-passage of NPSM bill, hindrance to combating e-fraud —CBN

The Central Bank of Nigeria, CBN, weekend, identified the non-passage of National Payment System Management Bill by the National Assembly, NASS, as hindrance to combating electronic fraud, even as banks lost $450 million to cyber attack in the last one year.