Today Monday 18th July Newsheadline
Re: Sacked council members petition Buhari over OAU crisis
Mon, 18 Jul 2016
SIR: I refer to the story of the above title published in The Nation of Tuesday, July 12. I was rudely shocked to read about the violent behaviour of two unions (NASU and SSANU), Obafemi Awolowo University chapter, in the petition written by the Chairman of the unjustly dissolved Governing Council of the university, Prof. []The post Re: Sacked council members petition Buhari over OAU crisis appeared first on The Nation Nigeria.
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Buhari: coup no longer acceptable to change govt
Mon, 18 Jul 2016
NLC, PDP condemn Turkish coup attempt 290 dead, 6,000 held President Muhammadu Buhari has joined other world leaders to condemn the aborted coup in Turkey. He said the toppling of a government through a coup was no longer acceptable. The Nigeria Labour Congress (NLC) and the Peoples Democratic party (PDP) also condemned the plot. Tension []The post Buhari: coup no longer acceptable to change govt appeared first on The Nation Nigeria.
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CBN okays no deposit for new accounts
Mon, 18 Jul 2016
Customers are free to open accounts without deposits, the Central Bank of Nigeria (CBN) has said. The directive is contained in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted by the CBN on its website. Commercial banks ask for cash deposits to cover operating cost of opening new accounts []The post CBN okays no deposit for new accounts appeared first on The Nation Nigeria.
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EFCC grills pilot who flew N1.299b cash for Fayose, Obanikoro
Mon, 18 Jul 2016
A pilot has told the Economic and Financial Crimes Commission (EFFC) how he flew a former Minister of State for Defence, Mr. Musiliu Obanikoro, with N1.299 billion cash for Ekiti State Governor Ayodele Fayose. Capt. Ahmed Bashir Borodo said the cash was wrapped with green military tarpaulin bags before it was loaded onto the chartered []The post EFCC grills pilot who flew N1.299b cash for Fayose, Obanikoro appeared first on The Nation Nigeria.
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$2.1b arms scandal: 'I collected N100m approved by Jonathan
Mon, 18 Jul 2016
Former presidential aide Dr. Doyin Okupe, yesterday admitted collecting more than N100million from the Office of National Security Adviser(ONSA) when Col. Sambo Dasuki (retd.) was in charge. The former Senior Special Assitant (Media and Publicity) to former President Goodluck Jonathan said part of the cash was a N10milion vote to furnish his rented apartment. The []The post $2.1b arms scandal: 'I collected N100m approved by Jonathan' appeared first on The Nation Nigeria.
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Ondo women to protest Melaye's attack against Senator Tinubu
Mon, 18 Jul 2016
Rep slams Kogi senator The All Progressives Congress (APC) women and other groups in Ondo State will today protest against Senator Dino Melaye in Akure, the state capital, for 'threatened Senator Oluremi Tinubu'at the Senate last Tuesday. Their coordinator and former member of the state House of Assembly, Mrs. Fola Olasehinde-Vincente, described the attack on []The post Ondo women to protest Melaye's attack against Senator Tinubu appeared first on The Nation Nigeria.
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APC releases time-table for Ondo governorship poll
Mon, 18 Jul 2016
The All Progressives Congress (APC) has released the time-table and schedule of activities for its governorship primary election in Ondo State. National Organising Secretary Senator Osita Izunaso said this yesterday in a statement. Izunaso said the announcement was in line with provisions of the Electoral Act 2010 (as amended), Independent National Electoral Commission (INEC) guidelines []The post APC releases time-table for Ondo governorship poll appeared first on The Nation Nigeria.
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Lagos plans to upgrade 21 secondary schools' libraries
Mon, 18 Jul 2016
State digital library takes off Plans have been concluded to upgrade 21 secondary school libraries in the six educational districts in Lagos State with the take-off of the state digital library project. The Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh, who said this in a statement yesterday, added that the libraries would []The post Lagos plans to upgrade 21 secondary schools' libraries appeared first on The Nation Nigeria.
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Court dismisses drug vendors' case against PCN
Mon, 18 Jul 2016
The Federal High Court, Akure, has dismissed the suit by the Nigeria Association of Patent and Proprietary Medicine Dealers (NAPPMED) against the Pharmacists Council of Nigeria (PCN), saying it lacks merit. Delivering judgment in Akure, the Ondo State capital in the suit no: FHC/AK/CS/01/2004, which sought to stop the PCN from regulating members of NAPPMED, []The post Court dismisses drug vendors' case against PCN appeared first on The Nation Nigeria.
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APC berates Fayose over call for chairman's arrest
Mon, 18 Jul 2016
The Ekiti State All Progressives Congress (APC) has criticised Governor Ayo Fayose and his administration for calling for the arrest and prosecution of its Chairman, Olajide Awe, and other party men for alleged involvement in murder and other crimes. The party absolved its chairman and other key figures fingered by the government, saying they were []The post APC berates Fayose over call for chairman's arrest appeared first on The Nation Nigeria.
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Presidency won't shut door on dialogue with militants
Mon, 18 Jul 2016
The Presidency said last night that dialogue with Niger Delta militants is not foreclosed. Attacks on oil facilities have affected production and the country's earnings. This year's budget has taken some bashing ' no thanks to the activities of the Niger Delta Avengers (NDA), a group of militants. Special Adviser to the President on Media []The post Presidency won't shut door on dialogue with militants appeared first on The Nation Nigeria.
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Menopause in women/men: Solutions to the disquiet of middle age (2)
Deepening potential in mining
Mon, 18 Jul 2016
Nigeria has the capacity to generate at least N5 trillion yearly from the mining sector and export of its vast solid mineral deposits. Stanbic IBTC Bank is focusing on how to deepen the sector, which creates jobs and social infrastructure needed for national development, writes COLLINS NWEZE. Mining remains one of the most promising sectors []The post Deepening potential in mining appeared first on The Nation Nigeria.
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Membership verification threatens NSE's ownership change
Mon, 18 Jul 2016
A simmering disagreement between the council and management of the Nigerian Stock Exchange (NSE) and majority of its members over the accurate list of its members is threatening the implementation of the change in the ownership structure of Nigeria's only stock exchange. The NSE started the conversion from a member-owned limited by guarantee to a []The post Membership verification threatens NSE's ownership change appeared first on The Nation Nigeria.
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Nigeria's economy resilient, say analysts
Mon, 18 Jul 2016
Nigeria's economy is still Africa's number one, notwithstanding the 30 per cent drop in the currency last month knocked almost $150 billion off its Gross Domestic Product (GDP). South Africa, which has regained second place after overtaking Egypt, is closing the gap, although its economy also shrank with the weakening of the rand. The gap []The post Nigeria's economy resilient, say analysts appeared first on The Nation Nigeria.
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Rencap, CSL Stockbrokers place 100% return on UBA
Mon, 18 Jul 2016
Leading investment pundits at Renaissance Capital and CSL Stockbrokers have described United Bank for Africa (UBA) Plc as a very attractive stock with potential to generate returns of more than 100 per cent within a 12-month period. Renaissance Capital and CSL Stockbrokers placed their 'buy' sticker on UBA, underlining the attractiveness of the stock in []The post Rencap, CSL Stockbrokers place 100% return on UBA appeared first on The Nation Nigeria.
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Infiniti Motor breaks new sales record
Mon, 18 Jul 2016
Infiniti finished the first half of the year with a new sales record. The company sold more than 110,200 vehicles, an increase of seven percent over the same period last year. In the month of June, more than 19,300 vehicles were sold, up 15 percent versus June 2015, and in the second quarter of the []The post Infiniti Motor breaks new sales record appeared first on The Nation Nigeria.
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Cashew output 'll grow by 30%
Mon, 18 Jul 2016
Cashew nut production is to rise due to renewed focus by the government and demand for the commodity, the Executive Secretary, Nigeria Export Promotion Council (NEPC), Segun Awolowo, has said. He spoke at a workshop on cashew processing and Market Information Systems in Lagos. Represented by a Chief Trade Promotion Officer, Mr Kazim Ahmed, Awolowo []The post 'Cashew output 'll grow by 30%' appeared first on The Nation Nigeria.
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Stockbrokers' chief harps on investor's education and training
Mon, 18 Jul 2016
Chartered Institute of Stockbrokers (CIS) President, Mr. Oluwaseyi Abe, at the weekend stressed the importance of investor education and acquisition of relevant skills as part of the catalysts for the development of the Nigerian capital market. Abe, who led the council of the CIS on a courtesy visit to the Nigerian Stock Exchange (NSE) at []The post Stockbrokers' chief harps on investor's education and training appeared first on The Nation Nigeria.
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Manufacturing in a depressed economy
Mon, 18 Jul 2016
A robust manufacturing sector is fundamental to the diversification of the economy. But the sector, which is credited with the greatest capacity to create jobs, generate wealth and engender sustainable growth and revenue expansion, is at the crossroads. Fiscal and monetary policies and lack of infrastructure are taking a huge toll on manufacturing, with the []The post Manufacturing in a depressed economy appeared first on The Nation Nigeria.
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Access Bank wins Karlsruhe Sustainability Award
Mon, 18 Jul 2016
Access Bank Plc has received the Outstanding Business Sustainability Award at this year's Karlsruhe Sustainable Finance Awards in Germany. This is coming barely a week after it won the Euromoney Best Bank Transformation Award in London. This award, presented to the bank in Karlsruhe, Germany's most sustainable city, recognises the bank's outstanding success in incorporating []The post Access Bank wins Karlsruhe Sustainability Award appeared first on The Nation Nigeria.
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Nigeria needs global products to grow non-oil exports
Mon, 18 Jul 2016
Nigerian businesses, exporters, government and other stakeholders should build a portfolio of unique, distinctively tasteful and original products that will appeal to international consumers, participants at a forum have said. At the conference organised by the Women in Education and Leadership Development Society in collaboration with the Business Women Group of the Nigerian Association of []The post 'Nigeria needs global products to grow non-oil exports' appeared first on The Nation
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Pension palaver
Corruption: When will Nigeria get serious
Mon, 18 Jul 2016
SIR: On May 14, 2014, a former Israeli Prime Minister Ehud Olmert was sentenced to six years in prison. The judge also fined him one million shekels about 289,000 dollars and ordered that 560,000 shekels in his assets be seized. Olmert was found guilty by the Tel-aviv District Court of accepting a 500,000 shekel bribe []The post Corruption: When will Nigeria get serious' appeared first on The Nation Nigeria.
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NRC and oil marketers
Mon, 18 Jul 2016
It is in the interest of both to work together Like many public establishments, the Nigerian Railway Corporation (NRC) that used to be a place of pride to work a few decades ago went comatose due to neglect by the Federal Government which has a monopoly of rail transportation in the country, and corruption. However, []The post NRC and oil marketers appeared first on The Nation Nigeria.
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Bullying not allowed
Mon, 18 Jul 2016
Even by his account of what happened, Dino Melaye, the Senator representing Kogi West, further exposed how his conduct did not help matters. He was reacting to public criticism of his reported wild behaviour during a Senate executive session to discuss the ongoing trial of Senate President Bukola Saraki and Deputy Senate President Ike Ekweremadu []The post Bullying not allowed appeared first on The Nation Nigeria.
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Emerhor predicts landslide victory for apc, Godwin Obaseki
Mon, 18 Jul 2016
A Delta state All Progressives Congress Leader, Olorogun Otega Emerhor has described governor Adams Oshiomole as a proactive leader and astute politician who over the years exhibited uncommon pedigree in governance. He said the massive infrastructural development and socioeconomic advancement in the state is the reason why the good people of Edo State assured the []The post Emerhor predicts landslide victory for apc, Godwin Obaseki appeared first on The Nation Nigeria.
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Sheriff casts long shadow on Lagos PDP crisis
Mon, 18 Jul 2016
The crisis within the Lagos Peoples Democratic Party (PDP) mirrors the current division at the national level. The General Assembly meeting in Lagos was disrupted by youths loyal to the Sen. Ali Modu-Sheriff faction. MUSA ODOSHIMOKHE, who was at the event, reports that the leadership tussle has permeated the states. At a time the Peoples []The post Sheriff casts long shadow on Lagos PDP crisis appeared first on The Nation Nigeria.
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Why I resigned from PDP, Chief Edebiri
Mon, 18 Jul 2016
Former governorship aspirant of the Peoples Democratic Party, Chief Solomon Edebiri, has said that he resigned his membership of the PDP to focus on his business and reappraise his political affiliations and activities. Chief Edebiri came a distant third by scoring 38 votes at the PDP primaries and has since not been seen in the []The post Why I resigned from PDP, Chief Edebiri appeared first on The Nation Nigeria.
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I wish you well, Crown Prince tells Obaseki
Mon, 18 Jul 2016
The Crown Prince of Benin Kingdom, His Royal Highness (Amb) Eheneden Erediauwa has wished the governorship candidate of the All Progressives Congress (APC) Mr. Godwin Obaseki well to be the next governor of Edo State. During the visit of APC governors to the Crown Prince of Benin Kingdom in Benin City, Saturday, the Edaiken said []The post I wish you well, Crown Prince tells Obaseki appeared first on The Nation Nigeria.
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Edo people will compel Oshiomhole to hand-over to me
Mon, 18 Jul 2016
Pastor Osagie Ize-Iyamu Campaign Organisation has said that the people of Edo State will compel Governor Adams Oshiomhole to hand over to Pastor Osagie Ize-Iyamu in November this year against his wish, saying the good people of the state are desirous to change the 'change' that has brought misery, suffering, hike in fuel, food prices, []The post Edo people will compel Oshiomhole to hand-over to me appeared first on The Nation Nigeria.
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Ikimi a serial loser, says Oshiomhole
Mon, 18 Jul 2016
Edo State Governor Adams Oshiomhole has described a former chieftain of the All Progressives Congress, Chief Tom Ikimi, as a serial election loser during the launching of the party's governorship poll campaign in the state on Saturday. The governor also took a swipe at the Peoples Democratic Party, saying it underdeveloped the state. He said []The post Ikimi a serial loser, says Oshiomhole appeared first on The Nation Nigeria.
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28 traditional rulers in Esanland endorse Ize-Iyamu
Mon, 18 Jul 2016
A total of 28 traditional rulers in Edo Central Senatorial district have endorsed the candidacy of the Peoples Democratic Party, Pastor Osagie Ize-Iyamu, as its preferred candidate to take over from Governor Adams Oshiomhole. They directed their subjects to vote for Pastor Ize-Iyamu in the September 10 governorship election. The traditional rulers spoke when they []The post 28 traditional rulers in Esanland endorse Ize-Iyamu appeared first on the Nation
Buhari orders IGP to re-open Bola Ige, Dokubo's cases
Mon, 18 Jul 2016
President Muhammadu Buhari, yesterday, directed the Acting Inspector-General of Police, Ibrahim Idris, to reopen investigation into the unresolved murder of former Attorney-General of the Federation and Minister of Justice, Chief Bola Ige, and ex-Deputy National Chairman, South-South, of Peoples Democratic Party, PDP, Chief Aminosari Dokubo, and fish out the perpetrators.The post Buhari orders IGP to re-open Bola Ige, Dokubo's cases appeared first on Vanguard News.
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Nigerians'll resist any attempt to remove Buhari ' APC Govs
Mon, 18 Jul 2016
GOVERNORS of the All Progressives Congress (APC), yesterday, warned that Nigerians will resist any attempt to re- move President Muham- madu Buhari from office.The post Nigerians'll resist any attempt to remove Buhari ' APC Govs appeared first on Vanguard News.
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Why we can't impeach Buhari ' REPS
Mon, 18 Jul 2016
THE House of Representatives, weekend, in Bauchi State, said it had no single evidence of impeachable offences against President Muhammadu Buhari.The post Why we cant impeach Buhari ' REPS appeared first on Vanguard News.
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Army kills 11 bandits, cattle rustlers in Borno
Mon, 18 Jul 2016
NIGERIAN Army yesterday said its troops in training exercise code named 'Exercise Harbin Kunama', to mark the 2016 NADCEL, on patrol of the forests in Zamfara State, killed 11 armed bandits and cattle rustlers.The post Army kills 11 bandits, cattle rustlers in Borno appeared first on Vanguard News.
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Oshiomhole plots to obliterate Esan land'Anenih
Mon, 18 Jul 2016
Former chairman of the PDP Board of Trustees, BoT, Chief Tony Anenih, has accused Governor Oshiomhole of plotting to obliterate the Esan Nation saying the outgoing governor has consistently marginalized the region and its people.The post Oshiomhole plots to obliterate Esan land'Anenih appeared first on Vanguard News.
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Adamawa gov, Muhammed Jibrilla bars allocation of fertilizer to politicians
Mon, 18 Jul 2016
AS part of government efforts to ensure that fertilizer gets to genuine farmers, Governor Muhammed Jibrilla of Adamawa State, has barred allocation of fertilizer to politicians in the state.The post Adamawa gov, Muhammed Jibrilla bars allocation of fertilizer to politicians appeared first on Vanguard News.
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Robber slumps after being hit with own charm
Mon, 18 Jul 2016
LAGOS'A member of a four-man robbery gang, Nnamdi Onu, passed out when he was hit with the charm he prepared for victims.The post Robber slumps after being hit with own charm appeared first on Vanguard News.
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British Premier May's delicate burdens
Mon, 18 Jul 2016
British democracy has been displaying its brilliant colours for those who have eyes ' especially developing democracies like ours ' to see. Following the Thursday, June 23, 2016 vote by the electorate to leave the European Union in the Brexit/Bremain referendum by 52% to 48% former Premier, David Cameron, offered to quit in October 2016, having led his government to a major defeat.The post British Premier May's delicate burdens appeared first on Vanguard News.
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Tackle malnutrition, with 5% of your security votes, Buhari, govs told
Mon, 18 Jul 2016
Participants at a two 'day media dialogue on child nutrition have called on President Mohammadu Buhari and the 36 States Governors, to devote at least 5 percent of their security votes to tackle the heavy burden of malnutrition in the country.The post Tackle malnutrition, with 5% of your security votes, Buhari, govs told appeared first on Vanguard News.
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Turkey's failed coup: what we know
Mon, 18 Jul 2016
Some 6,000 people have been detained in Turkey over a failed coup at the weekend which has stunned the country.The post Turkeys failed coup: what we know appeared first on Vanguard News.
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Master plan implementation to address retail investors' challenges- SEC
Mon, 18 Jul 2016
The Securities and Exchange Commission (SEC) in reaction to retail investors' plight said that effective implementation of the capital market ten year master plan would go a long way to addressing major problems in the market. Director General of SEC Nigeria, Mounir Gwarzo said this in Abuja saying 'A successful implementation of the 10 year master plan is necessary to attract retail investors to the market, address some of the challenges that Nigeria's Capital market faced during
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Naira depreciates as $697m forwards mature this week
Mon, 18 Jul 2016
The naira depreciated in all the segments of the foreign exchange market last week due to shortage of dollars. Meanwhile the interbank foreign exchange market will experience the maturity of $697 million one-month forwards contract sold by the CBN on Monday June 27th 2016. Last week the naira depreciated in the interbank spot market by Seven percent to N283.37 per dollar from N282.02 per dollar the previous week. The depreciation, which was in sharp contrast to the stability of the previous week
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EFInA releases $2m grant to support FCMB financial inclusion drive
Mon, 18 Jul 2016
Enhancing Financial Innovation & Access (EFInA) has released $2 million (564,000,000) Innovation Grant to support First City Monument Bank (FCMB) Limited with its 'Group Lending and Agency Banking' project,which provides financial services and access to credit facilities for the financially excluded population. Meanwhile, FCMB group lending project is a digitized credit and savings solution, facilitating instant account opening with debit card issuance for online real time transact
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Why micro finance banks are not forex traders
Mon, 18 Jul 2016
Microfinance Bank (MfB) are not Foreign Exchange traders owing to the fact that they are not a dealing bank, except for clients who are importers, said operators This is coming on the heels of the introduction of a new foreign exchange policy by the Central Bank of Nigeria (CBN) that allow market forces to determine the Naira exchange rate in a new single structured foreign exchange market. The post Why micro finance banks are not forex traders appeared first on Vanguard News.
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BoI partners insurance companies to indemnify MSMEs' loan facilities
Mon, 18 Jul 2016
The Bank of Industry (BoI) has collaborated with insurance companies in the country to indemnify loan facilities and assets of Micro Small and Medium Enterprises (MSMEs) in the country. The Acting Managing Director/ CEO Bank of Industry, Mr Waheed Olagunju said in Abuja that the collaboration through the National Insurance Commission (NAICOM) is aimed at expanding its lending operations to assist business owners at the micro level who are unable to secure loan from the bank due to challenge of c
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Insurance industry reaps benefits of unified conference
Mon, 18 Jul 2016
The federal government has focused its attention on the insurance industry to reposition the sector for improved growth. The Minister of Finance, Mrs. Kemi Adeosun announced the government's determination to lead reform in the industry for a vibrant Nigeria insurance market. The Minister in her opening remarks at the 2016 National Insurance Conference in Abuja, explained that a developed and active insurance market would bring about increase in GDP, accumulation of long-term funds for infra
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NMRC injects N6bn into mortgage market
Mon, 18 Jul 2016
The Nigerian Mortgage Refinancing Company (NMRC) said it has refinanced hundreds of housing projects in the country with the injection of N6 billion into the mortgage market. Managing Director of NMRC, Prof. Charles Inyangete, disclosed this during the signing of a Memorandum of Understanding (MoU) between NMRC and the National Bureau of Statistics (NBS). With the deal, NBS will carry out survey that would provide data on the housing sector that will enable NMRC make informed decisions regarding
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Fitch affirms FirstBank, GTBank stable outlook on viability ratings
Mon, 18 Jul 2016
Fitch International credit rating agency has affirmed the viability ratings of First bank Nigeria Limited and Guaranty Trust Bank Plc. Fitch affirmed the Viability Ratings (VR) for FirstBank of Nigeria Limited at 'B' while it affirmed the GTBank's Viability Rating (VR) at 'b+'. The global rating agency also rated FirstBank's outlook as stable, thus buttressing the strong outlook on the bank, particularly as its diversified distribution network across African and int
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Violation of TSA: Accountant General queries GTB, Stanbic IBTC, Keystone bank
Mon, 18 Jul 2016
The Accountant General of the Federation (AGF) has queried Guaranty Trust Bank, Stanbic IBTC and Keystone Bank for violating the Treasury Single Accounts (TSA) guidelines by concealing funds belonging to Ministries, Departments and Agencies of Fhe federal Government. Stanbic IBTC however rejected the accusation, saying it has been complying with the TSA directive, while GTBank explained why it has allowed some MDAs to continue to operate their accounts contrary to the TSA directive.The post Viol
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Gains of Ugwuanyi's LG reforms
Mon, 18 Jul 2016
THE recent submission of the report of the 11-man Committee on Local Government Staff Audit and Biometrics Data Capturing in Enugu State was not only revealing but also a welcome development.The post Gains of Ugwuanyis LG reforms appeared first on Vanguard News.
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Hijab: Religious attire crisis in Osun public schools
Mon, 18 Jul 2016
IF the news recently making the round and stories on the pages of our dailies focusing on students attired in religious apparel is something to go by, the educational system in Osun State, even other states in the South-West are heading to a precipice. Parents and guardians, indeed, Nigerians should have cause to worry now for these children who are the future leaders of tomorrow.The post Hijab: Religious attire crisis in Osun public schools appeared first on Vanguard News.
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CNN to establish multi-platform bureau in Nigeria
Mon, 18 Jul 2016
CNN is launching a new, multi-platform operation in Lagos, Nigeria, designed to give the network a nimble, broad-based, Digital-first presence in Africa's most populous country.The post CNN to establish multi-platform bureau in Nigeria appeared first on Vanguard News.
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Le Guen set to be named Super Eagles coach
Mon, 18 Jul 2016
A top official in the technical department of the Nigeria Football Federation has disclosed that the football house are set to appoint Paul Le Guen as the coach of the Super Eagles.The post Le Guen set to be named Super Eagles coach appeared first on Vanguard News.
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Rio 2016: Poor preparations'll affect Nigeria's chances ' Nwuche
Mon, 18 Jul 2016
PRESIDENT of the Nigeria Weightlifting Federation, Hon. Prince Chibudom Nwuche has alerted that paucity of funds besides inadequate preparation at the disposal of the Federation may cost Nigeria medals at the Rio Olympics in Brazil.The post Rio 2016: Poor preparations'll affect Nigeria's chances ' Nwuche appeared first on Vanguard News.
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Olympics: D'Tigers, Argentina battle in Las Vegas in two-legged friendly
Mon, 18 Jul 2016
After the 4-Nation Stankovic Cup tournament in China where the male national basketball team, D'Tigers placed third behind France and Argentina in preparation for next month's Olympic Games in Rio de Janeiro, Brazil, the William Voigts tutored team will today in Las Vegas, USA take on Argentina in a two-legged friendly.The post Olympics: D'Tigers, Argentina battle in Las Vegas in two-legged friendly appeared first on Vanguard News.
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Neymar tips Ronaldo for Ballon d'Or
Mon, 18 Jul 2016
Barcelona star, Neymar has tipped Cristiano Ronaldo to win the 2016 FIFA Ballon d'Or award over his team mate, Lionel Messi.The post Neymar tips Ronaldo for Ballon d'Or appeared first on Vanguard News.
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Funds threaten Keshi's burial plans
Mon, 18 Jul 2016
Indications have emerged that unless the Presidency intervenes, the planned burial date of late soccer icon, Stephen Okechukwu Chinedu Keshi may not hold as scheduled due to lack of funds.The post Funds threaten Keshi's burial plans appeared first on Vanguard News.
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FIFA President's proposed visit good for Nigerian football ' SWAN President
Mon, 18 Jul 2016
The President, Sports Writers Association of Nigeria (SWAN), Honour Sirawoo, says the expected visit of FIFA's President, Gianni Infantino to Nigeria will open a new vista for the nation's football.The post FIFA Presidents proposed visit good for Nigerian football SWAN President appeared first on Vanguard News.
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What makes Nigerian politicians superior to the British
Mon, 18 Jul 2016
NIGERIA, the giant of Africa, and its colonial master, Great Britain are facing trying times. But their political classes are handling matters in contrasting styles. Brexit is the main headache of Britain, but the wise Nigerian politicians would never have played themselves into such a corner; rather than a referendum on crucial matters, they would decide for the people.The post What makes Nigerian politicians superior to the British appeared first on Vanguard News.
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I reject Buhari's 'One Nigeria
Mon, 18 Jul 2016
WE are now concentrating on the militants to know how many they are, especially in terms of groupings, leadership and to plead with them to try and give Nigeria a chance.The post I reject Buhari's 'One Nigeria appeared first on Vanguard News.
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An economy on the brink
Mon, 18 Jul 2016
A close study of our recent economic history would suggest that the present policies adopted by government, particularly with regard to Naira devaluation, and fuel price increase, are not different from the same strategies that triggered the oppressive serial abuse of the Naira exchange rate in the era of former President Babangida and sustained Nigeria's steady slide in the rankings of the World's poorest nations. Invariably, therefore, the ill advised rehash of those same options to
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US exempts Itself from Turkish Coup plot
Brazil to boost Olympics security after Nice attack
Conte expresses admiration for Mikel
We owe FG constant engagement to articulate policy issues- CIS President
Mon, 18 Jul 2016
We in the capital market have always had cordial relationship with the Federal Government. We owe the Federal Government constant engagement in order to articulate policy issues that would move the market forward. The regulators and we the operators are the technical people . But we need the endorsement of the government and its patronage at every stage for the market to move forward. Several meetings, including public hearings had been held to x-ray the capital market and reposition it for Glo
Mon, 18 Jul 2016
SIR: I refer to the story of the above title published in The Nation of Tuesday, July 12. I was rudely shocked to read about the violent behaviour of two unions (NASU and SSANU), Obafemi Awolowo University chapter, in the petition written by the Chairman of the unjustly dissolved Governing Council of the university, Prof. []The post Re: Sacked council members petition Buhari over OAU crisis appeared first on The Nation Nigeria.
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Buhari: coup no longer acceptable to change govt
Mon, 18 Jul 2016
NLC, PDP condemn Turkish coup attempt 290 dead, 6,000 held President Muhammadu Buhari has joined other world leaders to condemn the aborted coup in Turkey. He said the toppling of a government through a coup was no longer acceptable. The Nigeria Labour Congress (NLC) and the Peoples Democratic party (PDP) also condemned the plot. Tension []The post Buhari: coup no longer acceptable to change govt appeared first on The Nation Nigeria.
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CBN okays no deposit for new accounts
Mon, 18 Jul 2016
Customers are free to open accounts without deposits, the Central Bank of Nigeria (CBN) has said. The directive is contained in the Monetary, Credit, Foreign Trade and Exchange Guidelines for Fiscal Years 2016/2017 guidelines posted by the CBN on its website. Commercial banks ask for cash deposits to cover operating cost of opening new accounts []The post CBN okays no deposit for new accounts appeared first on The Nation Nigeria.
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EFCC grills pilot who flew N1.299b cash for Fayose, Obanikoro
Mon, 18 Jul 2016
A pilot has told the Economic and Financial Crimes Commission (EFFC) how he flew a former Minister of State for Defence, Mr. Musiliu Obanikoro, with N1.299 billion cash for Ekiti State Governor Ayodele Fayose. Capt. Ahmed Bashir Borodo said the cash was wrapped with green military tarpaulin bags before it was loaded onto the chartered []The post EFCC grills pilot who flew N1.299b cash for Fayose, Obanikoro appeared first on The Nation Nigeria.
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$2.1b arms scandal: 'I collected N100m approved by Jonathan
Mon, 18 Jul 2016
Former presidential aide Dr. Doyin Okupe, yesterday admitted collecting more than N100million from the Office of National Security Adviser(ONSA) when Col. Sambo Dasuki (retd.) was in charge. The former Senior Special Assitant (Media and Publicity) to former President Goodluck Jonathan said part of the cash was a N10milion vote to furnish his rented apartment. The []The post $2.1b arms scandal: 'I collected N100m approved by Jonathan' appeared first on The Nation Nigeria.
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Ondo women to protest Melaye's attack against Senator Tinubu
Mon, 18 Jul 2016
Rep slams Kogi senator The All Progressives Congress (APC) women and other groups in Ondo State will today protest against Senator Dino Melaye in Akure, the state capital, for 'threatened Senator Oluremi Tinubu'at the Senate last Tuesday. Their coordinator and former member of the state House of Assembly, Mrs. Fola Olasehinde-Vincente, described the attack on []The post Ondo women to protest Melaye's attack against Senator Tinubu appeared first on The Nation Nigeria.
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APC releases time-table for Ondo governorship poll
Mon, 18 Jul 2016
The All Progressives Congress (APC) has released the time-table and schedule of activities for its governorship primary election in Ondo State. National Organising Secretary Senator Osita Izunaso said this yesterday in a statement. Izunaso said the announcement was in line with provisions of the Electoral Act 2010 (as amended), Independent National Electoral Commission (INEC) guidelines []The post APC releases time-table for Ondo governorship poll appeared first on The Nation Nigeria.
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Lagos plans to upgrade 21 secondary schools' libraries
Mon, 18 Jul 2016
State digital library takes off Plans have been concluded to upgrade 21 secondary school libraries in the six educational districts in Lagos State with the take-off of the state digital library project. The Special Adviser to the Governor on Education, Mr. Obafela Bank-Olemoh, who said this in a statement yesterday, added that the libraries would []The post Lagos plans to upgrade 21 secondary schools' libraries appeared first on The Nation Nigeria.
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Court dismisses drug vendors' case against PCN
Mon, 18 Jul 2016
The Federal High Court, Akure, has dismissed the suit by the Nigeria Association of Patent and Proprietary Medicine Dealers (NAPPMED) against the Pharmacists Council of Nigeria (PCN), saying it lacks merit. Delivering judgment in Akure, the Ondo State capital in the suit no: FHC/AK/CS/01/2004, which sought to stop the PCN from regulating members of NAPPMED, []The post Court dismisses drug vendors' case against PCN appeared first on The Nation Nigeria.
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APC berates Fayose over call for chairman's arrest
Mon, 18 Jul 2016
The Ekiti State All Progressives Congress (APC) has criticised Governor Ayo Fayose and his administration for calling for the arrest and prosecution of its Chairman, Olajide Awe, and other party men for alleged involvement in murder and other crimes. The party absolved its chairman and other key figures fingered by the government, saying they were []The post APC berates Fayose over call for chairman's arrest appeared first on The Nation Nigeria.
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Presidency won't shut door on dialogue with militants
Mon, 18 Jul 2016
The Presidency said last night that dialogue with Niger Delta militants is not foreclosed. Attacks on oil facilities have affected production and the country's earnings. This year's budget has taken some bashing ' no thanks to the activities of the Niger Delta Avengers (NDA), a group of militants. Special Adviser to the President on Media []The post Presidency won't shut door on dialogue with militants appeared first on The Nation Nigeria.
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Menopause in women/men: Solutions to the disquiet of middle age (2)
Deepening potential in mining
Mon, 18 Jul 2016
Nigeria has the capacity to generate at least N5 trillion yearly from the mining sector and export of its vast solid mineral deposits. Stanbic IBTC Bank is focusing on how to deepen the sector, which creates jobs and social infrastructure needed for national development, writes COLLINS NWEZE. Mining remains one of the most promising sectors []The post Deepening potential in mining appeared first on The Nation Nigeria.
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Membership verification threatens NSE's ownership change
Mon, 18 Jul 2016
A simmering disagreement between the council and management of the Nigerian Stock Exchange (NSE) and majority of its members over the accurate list of its members is threatening the implementation of the change in the ownership structure of Nigeria's only stock exchange. The NSE started the conversion from a member-owned limited by guarantee to a []The post Membership verification threatens NSE's ownership change appeared first on The Nation Nigeria.
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Nigeria's economy resilient, say analysts
Mon, 18 Jul 2016
Nigeria's economy is still Africa's number one, notwithstanding the 30 per cent drop in the currency last month knocked almost $150 billion off its Gross Domestic Product (GDP). South Africa, which has regained second place after overtaking Egypt, is closing the gap, although its economy also shrank with the weakening of the rand. The gap []The post Nigeria's economy resilient, say analysts appeared first on The Nation Nigeria.
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Rencap, CSL Stockbrokers place 100% return on UBA
Mon, 18 Jul 2016
Leading investment pundits at Renaissance Capital and CSL Stockbrokers have described United Bank for Africa (UBA) Plc as a very attractive stock with potential to generate returns of more than 100 per cent within a 12-month period. Renaissance Capital and CSL Stockbrokers placed their 'buy' sticker on UBA, underlining the attractiveness of the stock in []The post Rencap, CSL Stockbrokers place 100% return on UBA appeared first on The Nation Nigeria.
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Infiniti Motor breaks new sales record
Mon, 18 Jul 2016
Infiniti finished the first half of the year with a new sales record. The company sold more than 110,200 vehicles, an increase of seven percent over the same period last year. In the month of June, more than 19,300 vehicles were sold, up 15 percent versus June 2015, and in the second quarter of the []The post Infiniti Motor breaks new sales record appeared first on The Nation Nigeria.
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Cashew output 'll grow by 30%
Mon, 18 Jul 2016
Cashew nut production is to rise due to renewed focus by the government and demand for the commodity, the Executive Secretary, Nigeria Export Promotion Council (NEPC), Segun Awolowo, has said. He spoke at a workshop on cashew processing and Market Information Systems in Lagos. Represented by a Chief Trade Promotion Officer, Mr Kazim Ahmed, Awolowo []The post 'Cashew output 'll grow by 30%' appeared first on The Nation Nigeria.
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Stockbrokers' chief harps on investor's education and training
Mon, 18 Jul 2016
Chartered Institute of Stockbrokers (CIS) President, Mr. Oluwaseyi Abe, at the weekend stressed the importance of investor education and acquisition of relevant skills as part of the catalysts for the development of the Nigerian capital market. Abe, who led the council of the CIS on a courtesy visit to the Nigerian Stock Exchange (NSE) at []The post Stockbrokers' chief harps on investor's education and training appeared first on The Nation Nigeria.
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Manufacturing in a depressed economy
Mon, 18 Jul 2016
A robust manufacturing sector is fundamental to the diversification of the economy. But the sector, which is credited with the greatest capacity to create jobs, generate wealth and engender sustainable growth and revenue expansion, is at the crossroads. Fiscal and monetary policies and lack of infrastructure are taking a huge toll on manufacturing, with the []The post Manufacturing in a depressed economy appeared first on The Nation Nigeria.
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Access Bank wins Karlsruhe Sustainability Award
Mon, 18 Jul 2016
Access Bank Plc has received the Outstanding Business Sustainability Award at this year's Karlsruhe Sustainable Finance Awards in Germany. This is coming barely a week after it won the Euromoney Best Bank Transformation Award in London. This award, presented to the bank in Karlsruhe, Germany's most sustainable city, recognises the bank's outstanding success in incorporating []The post Access Bank wins Karlsruhe Sustainability Award appeared first on The Nation Nigeria.
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Nigeria needs global products to grow non-oil exports
Mon, 18 Jul 2016
Nigerian businesses, exporters, government and other stakeholders should build a portfolio of unique, distinctively tasteful and original products that will appeal to international consumers, participants at a forum have said. At the conference organised by the Women in Education and Leadership Development Society in collaboration with the Business Women Group of the Nigerian Association of []The post 'Nigeria needs global products to grow non-oil exports' appeared first on The Nation
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Pension palaver
Corruption: When will Nigeria get serious
Mon, 18 Jul 2016
SIR: On May 14, 2014, a former Israeli Prime Minister Ehud Olmert was sentenced to six years in prison. The judge also fined him one million shekels about 289,000 dollars and ordered that 560,000 shekels in his assets be seized. Olmert was found guilty by the Tel-aviv District Court of accepting a 500,000 shekel bribe []The post Corruption: When will Nigeria get serious' appeared first on The Nation Nigeria.
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NRC and oil marketers
Mon, 18 Jul 2016
It is in the interest of both to work together Like many public establishments, the Nigerian Railway Corporation (NRC) that used to be a place of pride to work a few decades ago went comatose due to neglect by the Federal Government which has a monopoly of rail transportation in the country, and corruption. However, []The post NRC and oil marketers appeared first on The Nation Nigeria.
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Bullying not allowed
Mon, 18 Jul 2016
Even by his account of what happened, Dino Melaye, the Senator representing Kogi West, further exposed how his conduct did not help matters. He was reacting to public criticism of his reported wild behaviour during a Senate executive session to discuss the ongoing trial of Senate President Bukola Saraki and Deputy Senate President Ike Ekweremadu []The post Bullying not allowed appeared first on The Nation Nigeria.
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Emerhor predicts landslide victory for apc, Godwin Obaseki
Mon, 18 Jul 2016
A Delta state All Progressives Congress Leader, Olorogun Otega Emerhor has described governor Adams Oshiomole as a proactive leader and astute politician who over the years exhibited uncommon pedigree in governance. He said the massive infrastructural development and socioeconomic advancement in the state is the reason why the good people of Edo State assured the []The post Emerhor predicts landslide victory for apc, Godwin Obaseki appeared first on The Nation Nigeria.
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Sheriff casts long shadow on Lagos PDP crisis
Mon, 18 Jul 2016
The crisis within the Lagos Peoples Democratic Party (PDP) mirrors the current division at the national level. The General Assembly meeting in Lagos was disrupted by youths loyal to the Sen. Ali Modu-Sheriff faction. MUSA ODOSHIMOKHE, who was at the event, reports that the leadership tussle has permeated the states. At a time the Peoples []The post Sheriff casts long shadow on Lagos PDP crisis appeared first on The Nation Nigeria.
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Why I resigned from PDP, Chief Edebiri
Mon, 18 Jul 2016
Former governorship aspirant of the Peoples Democratic Party, Chief Solomon Edebiri, has said that he resigned his membership of the PDP to focus on his business and reappraise his political affiliations and activities. Chief Edebiri came a distant third by scoring 38 votes at the PDP primaries and has since not been seen in the []The post Why I resigned from PDP, Chief Edebiri appeared first on The Nation Nigeria.
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I wish you well, Crown Prince tells Obaseki
Mon, 18 Jul 2016
The Crown Prince of Benin Kingdom, His Royal Highness (Amb) Eheneden Erediauwa has wished the governorship candidate of the All Progressives Congress (APC) Mr. Godwin Obaseki well to be the next governor of Edo State. During the visit of APC governors to the Crown Prince of Benin Kingdom in Benin City, Saturday, the Edaiken said []The post I wish you well, Crown Prince tells Obaseki appeared first on The Nation Nigeria.
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Edo people will compel Oshiomhole to hand-over to me
Mon, 18 Jul 2016
Pastor Osagie Ize-Iyamu Campaign Organisation has said that the people of Edo State will compel Governor Adams Oshiomhole to hand over to Pastor Osagie Ize-Iyamu in November this year against his wish, saying the good people of the state are desirous to change the 'change' that has brought misery, suffering, hike in fuel, food prices, []The post Edo people will compel Oshiomhole to hand-over to me appeared first on The Nation Nigeria.
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Ikimi a serial loser, says Oshiomhole
Mon, 18 Jul 2016
Edo State Governor Adams Oshiomhole has described a former chieftain of the All Progressives Congress, Chief Tom Ikimi, as a serial election loser during the launching of the party's governorship poll campaign in the state on Saturday. The governor also took a swipe at the Peoples Democratic Party, saying it underdeveloped the state. He said []The post Ikimi a serial loser, says Oshiomhole appeared first on The Nation Nigeria.
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28 traditional rulers in Esanland endorse Ize-Iyamu
Mon, 18 Jul 2016
A total of 28 traditional rulers in Edo Central Senatorial district have endorsed the candidacy of the Peoples Democratic Party, Pastor Osagie Ize-Iyamu, as its preferred candidate to take over from Governor Adams Oshiomhole. They directed their subjects to vote for Pastor Ize-Iyamu in the September 10 governorship election. The traditional rulers spoke when they []The post 28 traditional rulers in Esanland endorse Ize-Iyamu appeared first on the Nation
Buhari orders IGP to re-open Bola Ige, Dokubo's cases
Mon, 18 Jul 2016
President Muhammadu Buhari, yesterday, directed the Acting Inspector-General of Police, Ibrahim Idris, to reopen investigation into the unresolved murder of former Attorney-General of the Federation and Minister of Justice, Chief Bola Ige, and ex-Deputy National Chairman, South-South, of Peoples Democratic Party, PDP, Chief Aminosari Dokubo, and fish out the perpetrators.The post Buhari orders IGP to re-open Bola Ige, Dokubo's cases appeared first on Vanguard News.
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Nigerians'll resist any attempt to remove Buhari ' APC Govs
Mon, 18 Jul 2016
GOVERNORS of the All Progressives Congress (APC), yesterday, warned that Nigerians will resist any attempt to re- move President Muham- madu Buhari from office.The post Nigerians'll resist any attempt to remove Buhari ' APC Govs appeared first on Vanguard News.
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Why we can't impeach Buhari ' REPS
Mon, 18 Jul 2016
THE House of Representatives, weekend, in Bauchi State, said it had no single evidence of impeachable offences against President Muhammadu Buhari.The post Why we cant impeach Buhari ' REPS appeared first on Vanguard News.
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Army kills 11 bandits, cattle rustlers in Borno
Mon, 18 Jul 2016
NIGERIAN Army yesterday said its troops in training exercise code named 'Exercise Harbin Kunama', to mark the 2016 NADCEL, on patrol of the forests in Zamfara State, killed 11 armed bandits and cattle rustlers.The post Army kills 11 bandits, cattle rustlers in Borno appeared first on Vanguard News.
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Oshiomhole plots to obliterate Esan land'Anenih
Mon, 18 Jul 2016
Former chairman of the PDP Board of Trustees, BoT, Chief Tony Anenih, has accused Governor Oshiomhole of plotting to obliterate the Esan Nation saying the outgoing governor has consistently marginalized the region and its people.The post Oshiomhole plots to obliterate Esan land'Anenih appeared first on Vanguard News.
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Adamawa gov, Muhammed Jibrilla bars allocation of fertilizer to politicians
Mon, 18 Jul 2016
AS part of government efforts to ensure that fertilizer gets to genuine farmers, Governor Muhammed Jibrilla of Adamawa State, has barred allocation of fertilizer to politicians in the state.The post Adamawa gov, Muhammed Jibrilla bars allocation of fertilizer to politicians appeared first on Vanguard News.
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Robber slumps after being hit with own charm
Mon, 18 Jul 2016
LAGOS'A member of a four-man robbery gang, Nnamdi Onu, passed out when he was hit with the charm he prepared for victims.The post Robber slumps after being hit with own charm appeared first on Vanguard News.
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British Premier May's delicate burdens
Mon, 18 Jul 2016
British democracy has been displaying its brilliant colours for those who have eyes ' especially developing democracies like ours ' to see. Following the Thursday, June 23, 2016 vote by the electorate to leave the European Union in the Brexit/Bremain referendum by 52% to 48% former Premier, David Cameron, offered to quit in October 2016, having led his government to a major defeat.The post British Premier May's delicate burdens appeared first on Vanguard News.
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Tackle malnutrition, with 5% of your security votes, Buhari, govs told
Mon, 18 Jul 2016
Participants at a two 'day media dialogue on child nutrition have called on President Mohammadu Buhari and the 36 States Governors, to devote at least 5 percent of their security votes to tackle the heavy burden of malnutrition in the country.The post Tackle malnutrition, with 5% of your security votes, Buhari, govs told appeared first on Vanguard News.
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Turkey's failed coup: what we know
Mon, 18 Jul 2016
Some 6,000 people have been detained in Turkey over a failed coup at the weekend which has stunned the country.The post Turkeys failed coup: what we know appeared first on Vanguard News.
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Master plan implementation to address retail investors' challenges- SEC
Mon, 18 Jul 2016
The Securities and Exchange Commission (SEC) in reaction to retail investors' plight said that effective implementation of the capital market ten year master plan would go a long way to addressing major problems in the market. Director General of SEC Nigeria, Mounir Gwarzo said this in Abuja saying 'A successful implementation of the 10 year master plan is necessary to attract retail investors to the market, address some of the challenges that Nigeria's Capital market faced during
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Naira depreciates as $697m forwards mature this week
Mon, 18 Jul 2016
The naira depreciated in all the segments of the foreign exchange market last week due to shortage of dollars. Meanwhile the interbank foreign exchange market will experience the maturity of $697 million one-month forwards contract sold by the CBN on Monday June 27th 2016. Last week the naira depreciated in the interbank spot market by Seven percent to N283.37 per dollar from N282.02 per dollar the previous week. The depreciation, which was in sharp contrast to the stability of the previous week
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EFInA releases $2m grant to support FCMB financial inclusion drive
Mon, 18 Jul 2016
Enhancing Financial Innovation & Access (EFInA) has released $2 million (564,000,000) Innovation Grant to support First City Monument Bank (FCMB) Limited with its 'Group Lending and Agency Banking' project,which provides financial services and access to credit facilities for the financially excluded population. Meanwhile, FCMB group lending project is a digitized credit and savings solution, facilitating instant account opening with debit card issuance for online real time transact
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Why micro finance banks are not forex traders
Mon, 18 Jul 2016
Microfinance Bank (MfB) are not Foreign Exchange traders owing to the fact that they are not a dealing bank, except for clients who are importers, said operators This is coming on the heels of the introduction of a new foreign exchange policy by the Central Bank of Nigeria (CBN) that allow market forces to determine the Naira exchange rate in a new single structured foreign exchange market. The post Why micro finance banks are not forex traders appeared first on Vanguard News.
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BoI partners insurance companies to indemnify MSMEs' loan facilities
Mon, 18 Jul 2016
The Bank of Industry (BoI) has collaborated with insurance companies in the country to indemnify loan facilities and assets of Micro Small and Medium Enterprises (MSMEs) in the country. The Acting Managing Director/ CEO Bank of Industry, Mr Waheed Olagunju said in Abuja that the collaboration through the National Insurance Commission (NAICOM) is aimed at expanding its lending operations to assist business owners at the micro level who are unable to secure loan from the bank due to challenge of c
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Insurance industry reaps benefits of unified conference
Mon, 18 Jul 2016
The federal government has focused its attention on the insurance industry to reposition the sector for improved growth. The Minister of Finance, Mrs. Kemi Adeosun announced the government's determination to lead reform in the industry for a vibrant Nigeria insurance market. The Minister in her opening remarks at the 2016 National Insurance Conference in Abuja, explained that a developed and active insurance market would bring about increase in GDP, accumulation of long-term funds for infra
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NMRC injects N6bn into mortgage market
Mon, 18 Jul 2016
The Nigerian Mortgage Refinancing Company (NMRC) said it has refinanced hundreds of housing projects in the country with the injection of N6 billion into the mortgage market. Managing Director of NMRC, Prof. Charles Inyangete, disclosed this during the signing of a Memorandum of Understanding (MoU) between NMRC and the National Bureau of Statistics (NBS). With the deal, NBS will carry out survey that would provide data on the housing sector that will enable NMRC make informed decisions regarding
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Fitch affirms FirstBank, GTBank stable outlook on viability ratings
Mon, 18 Jul 2016
Fitch International credit rating agency has affirmed the viability ratings of First bank Nigeria Limited and Guaranty Trust Bank Plc. Fitch affirmed the Viability Ratings (VR) for FirstBank of Nigeria Limited at 'B' while it affirmed the GTBank's Viability Rating (VR) at 'b+'. The global rating agency also rated FirstBank's outlook as stable, thus buttressing the strong outlook on the bank, particularly as its diversified distribution network across African and int
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Violation of TSA: Accountant General queries GTB, Stanbic IBTC, Keystone bank
Mon, 18 Jul 2016
The Accountant General of the Federation (AGF) has queried Guaranty Trust Bank, Stanbic IBTC and Keystone Bank for violating the Treasury Single Accounts (TSA) guidelines by concealing funds belonging to Ministries, Departments and Agencies of Fhe federal Government. Stanbic IBTC however rejected the accusation, saying it has been complying with the TSA directive, while GTBank explained why it has allowed some MDAs to continue to operate their accounts contrary to the TSA directive.The post Viol
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Gains of Ugwuanyi's LG reforms
Mon, 18 Jul 2016
THE recent submission of the report of the 11-man Committee on Local Government Staff Audit and Biometrics Data Capturing in Enugu State was not only revealing but also a welcome development.The post Gains of Ugwuanyis LG reforms appeared first on Vanguard News.
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Hijab: Religious attire crisis in Osun public schools
Mon, 18 Jul 2016
IF the news recently making the round and stories on the pages of our dailies focusing on students attired in religious apparel is something to go by, the educational system in Osun State, even other states in the South-West are heading to a precipice. Parents and guardians, indeed, Nigerians should have cause to worry now for these children who are the future leaders of tomorrow.The post Hijab: Religious attire crisis in Osun public schools appeared first on Vanguard News.
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CNN to establish multi-platform bureau in Nigeria
Mon, 18 Jul 2016
CNN is launching a new, multi-platform operation in Lagos, Nigeria, designed to give the network a nimble, broad-based, Digital-first presence in Africa's most populous country.The post CNN to establish multi-platform bureau in Nigeria appeared first on Vanguard News.
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Le Guen set to be named Super Eagles coach
Mon, 18 Jul 2016
A top official in the technical department of the Nigeria Football Federation has disclosed that the football house are set to appoint Paul Le Guen as the coach of the Super Eagles.The post Le Guen set to be named Super Eagles coach appeared first on Vanguard News.
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Rio 2016: Poor preparations'll affect Nigeria's chances ' Nwuche
Mon, 18 Jul 2016
PRESIDENT of the Nigeria Weightlifting Federation, Hon. Prince Chibudom Nwuche has alerted that paucity of funds besides inadequate preparation at the disposal of the Federation may cost Nigeria medals at the Rio Olympics in Brazil.The post Rio 2016: Poor preparations'll affect Nigeria's chances ' Nwuche appeared first on Vanguard News.
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Olympics: D'Tigers, Argentina battle in Las Vegas in two-legged friendly
Mon, 18 Jul 2016
After the 4-Nation Stankovic Cup tournament in China where the male national basketball team, D'Tigers placed third behind France and Argentina in preparation for next month's Olympic Games in Rio de Janeiro, Brazil, the William Voigts tutored team will today in Las Vegas, USA take on Argentina in a two-legged friendly.The post Olympics: D'Tigers, Argentina battle in Las Vegas in two-legged friendly appeared first on Vanguard News.
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Neymar tips Ronaldo for Ballon d'Or
Mon, 18 Jul 2016
Barcelona star, Neymar has tipped Cristiano Ronaldo to win the 2016 FIFA Ballon d'Or award over his team mate, Lionel Messi.The post Neymar tips Ronaldo for Ballon d'Or appeared first on Vanguard News.
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Funds threaten Keshi's burial plans
Mon, 18 Jul 2016
Indications have emerged that unless the Presidency intervenes, the planned burial date of late soccer icon, Stephen Okechukwu Chinedu Keshi may not hold as scheduled due to lack of funds.The post Funds threaten Keshi's burial plans appeared first on Vanguard News.
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FIFA President's proposed visit good for Nigerian football ' SWAN President
Mon, 18 Jul 2016
The President, Sports Writers Association of Nigeria (SWAN), Honour Sirawoo, says the expected visit of FIFA's President, Gianni Infantino to Nigeria will open a new vista for the nation's football.The post FIFA Presidents proposed visit good for Nigerian football SWAN President appeared first on Vanguard News.
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What makes Nigerian politicians superior to the British
Mon, 18 Jul 2016
NIGERIA, the giant of Africa, and its colonial master, Great Britain are facing trying times. But their political classes are handling matters in contrasting styles. Brexit is the main headache of Britain, but the wise Nigerian politicians would never have played themselves into such a corner; rather than a referendum on crucial matters, they would decide for the people.The post What makes Nigerian politicians superior to the British appeared first on Vanguard News.
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I reject Buhari's 'One Nigeria
Mon, 18 Jul 2016
WE are now concentrating on the militants to know how many they are, especially in terms of groupings, leadership and to plead with them to try and give Nigeria a chance.The post I reject Buhari's 'One Nigeria appeared first on Vanguard News.
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An economy on the brink
Mon, 18 Jul 2016
A close study of our recent economic history would suggest that the present policies adopted by government, particularly with regard to Naira devaluation, and fuel price increase, are not different from the same strategies that triggered the oppressive serial abuse of the Naira exchange rate in the era of former President Babangida and sustained Nigeria's steady slide in the rankings of the World's poorest nations. Invariably, therefore, the ill advised rehash of those same options to
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US exempts Itself from Turkish Coup plot
Brazil to boost Olympics security after Nice attack
Conte expresses admiration for Mikel
We owe FG constant engagement to articulate policy issues- CIS President
Mon, 18 Jul 2016
We in the capital market have always had cordial relationship with the Federal Government. We owe the Federal Government constant engagement in order to articulate policy issues that would move the market forward. The regulators and we the operators are the technical people . But we need the endorsement of the government and its patronage at every stage for the market to move forward. Several meetings, including public hearings had been held to x-ray the capital market and reposition it for Glo
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