Wednesday, October 27

Tag: availability

Sports ministry denies allegations officials shared almost $200k of allowances meant for D’Tigress players, after the African champions threatened to boycott World Cup qualifiers until they are paid
Sport

Sports ministry denies allegations officials shared almost $200k of allowances meant for D’Tigress players, after the African champions threatened to boycott World Cup qualifiers until they are paid

The Federal Ministry of Youth and Sports Development led by Sunday Dare, has denied allegations its officials diverted funds meant to be paid as salary and allowances for Nigeria's Women's Basketball team, D'Tigres, saying the money is safe with the Central Bank Of Nigeria. The denial by the sports ministry comes after The D'Tigress team players released a video alleging they have been owed close to $200,000 from as far back as 2018 and the Tokyo 2020 Olympics. The team players in the video said they won't play any other match for the national team including the FIBA world cup qualifiers until their outstanding allowances are paid to them. The players who asked for the payment of the backlog of their bonuses and allowances, an improved welfare package, and to be honoured by the ...
COVID19: Osun state government threaten to bar unvaccinated civil servants from coming to work
News

COVID19: Osun state government threaten to bar unvaccinated civil servants from coming to work

The Osun State Government has threatened to bar civil servants in the state who are yet to get the COVID19 vaccines from coming to the state secretariat. The Special Adviser to Osun State Governor on Public Health, Dr ‘Siji Olamiju, who disclosed this in an interview with Punch, said “The Ministry of Health has made the staff clinic at Abere a point of test for all the civil servant in the secretariat and they are responding. After we have given them a certain period of time, those who still remain unvaccinated may not be allowed to enter into the secretariat. We have given them a period of three weeks to have themselves vaccinated. In this regard, the Head of Service is actually the campaign for this, sensitising all the ministries, department and agencies of the availability o...
W’Cup qualifiers: Ronaldo eyes Ali Daei’s goal record as Portugal, Ireland clash
Sport

W’Cup qualifiers: Ronaldo eyes Ali Daei’s goal record as Portugal, Ireland clash

Cristiano Ronaldo will play in all three of Portugal’s fixtures during the international break following his return to Manchester United, head coach Fernando Santos said. Ronaldo completed his United comeback on Tuesday, the five-time Ballon d’Or winner re-joining the Red Devils from Juventus. This is his second spell following his successful first stint at Old Trafford between 2003 and 2009. Amid the hype in Manchester, Ronaldo’s attention has swiftly turned to matters with Portugal as Santos’ men prepare to face Republic of Ireland in a World Cup qualifier later on Wednesday. Portugal will also meet Qatar in a friendly on Saturday before resuming their road to Qatar 2022 against Azerbaijan on Tuesday. As Ronaldo stands on the cusp of breaking his tie with Ali Daei for th...
CBN explains why Naira depreciates against US Dollar
News

CBN explains why Naira depreciates against US Dollar

The Central Bank of Nigeria (CBN) has explained why there is recent sharp depreciation of Naira against the United States Dollar. Responding to questions from members of the House of Representatives Committee on Finance during the 2022-2024 MTEF/FSP stakeholders interactive session on Monday August 16, CBN Deputy Governor, Corporate Services, Edward Adamu blamed the depreciation on COVID-19 pandemic, shortage in foreign exchange supply and others. Adamu who disclosed that COVID-19 pandemic had a devastating effect on the country’s economy and reduced the availability of foreign exchange, added that crude oil sales which is the major source of forex for the country, dropped drastically last year. He said;   “We have proceeds from the s...
3 Clubs Messi Could join after leaving Barcelona
Sport

3 Clubs Messi Could join after leaving Barcelona

  On Thursday, Barcelona shocked football fans and pundits, when they confirmed Lionel Messi will be leaving this summer. Messi’s exit comes one year after he tried to force a move away from Camp Nou. However, this time, the 34-year-old will surely part ways with Barca. “Despite having reached an agreement with Messi and with both parties clearly wanting to sign a new contract, it cannot be finalised due to financial and structural problems [rules relating to the Spanish league],” an official club statement read in part. Messi’s availability throws the summer transfer market open. Realistically, maybe only three clubs can afford him: Paris Saint-Germain, Manchester City and Chelsea. At PSG, he will be reuniting with Neymar, who left Barcelona in 2017. The two ...
Mbappe to decide Ronaldo’s next club
Sport

Mbappe to decide Ronaldo’s next club

Paris Saint-Germain forward, Kylian Mbappe, will play a big part in the next club Cristiano Ronaldo plays for, AS reports. Ronaldo is willing to re-sign for Real Madrid, but that move would depend on Mbappe’s future at PSG. Mbappe has one year left on his current contract with the Ligue 1 side and has so far refused to sign an extension. Ronaldo will also be a free agent in June 2022, as he enters the last 12 months of his deal with Juventus. The 36-year-old has his ‘heart set’ on a move back to the Santiago Bernabeu. But Real have been alerted to Mbappe’s availability and he would be their top target if he becomes a free agent in 12 months’ time. If Mbappe made the move to Madrid, the LaLiga giants won’t be unable to afford both players. PSG would consider replacing ...
“May we never be hot water pourers in Jesus Name” – Ex-Governor Ohakim’s daughter, Adanma says ‘Nigerian Marriage is hard’
Lifestyle

“May we never be hot water pourers in Jesus Name” – Ex-Governor Ohakim’s daughter, Adanma says ‘Nigerian Marriage is hard’

Adanma Okorafor, the daughter of former Imo State Governor Ikedi Ohakim, has said that marriage is hard but Nigerian marriage is even harder, Taking to Instagram on Wednesday evening, August 4, the mother of three said the days when the Holy Spirit relocates for few hours is the time some women pour hot water or acid on their husbands. Read her post below... "See ehn! Marriage is hard, but Nigerian marriage is harder. If I ever wrote any exam that asked: “????? ? ‘????????? ????’ ?? ? ???????? ????????, ???? ??? ???? ?????? ??????? ?? ???. ???????”. Omo na F9, straight," Because e get some days when the Holy Spirit go relocate for few hours (to check on other Christian wives to see how they’re holding up). At this point the battle na between you (without Holy Spirit) and any ...
Zidane’s new club after Dumping Real Madrid revealed
Sport

Zidane’s new club after Dumping Real Madrid revealed

  Paris Saint-Germain is working on bringing Zinedine Zidane to the club, according to Le 10 Sport. Zidane walked out on Real Madrid for the second time after the 2020/2021 season, where Los Blancos finished trophyless. His availability has now alerted the decision-makers at PSG. The Ligue 1 giants have been trying to hold on to Mauricio Pochettino, who is keen to return to Tottenham Hotspur. While not ushering the Argentine out the exit door, Pochettino won’t find as much protest now should Spurs firm up plans to take him back to London. A move for Zizou is already being discussed in Qatar, where PSG’s owners are planning for the new season, and initial contact is being considered. Zidane’s long time agent and confidant, Alain Migliaccio, has made it clear to Ziz...
NDLEA Intercepts 4.9million Tramadol Capsules at Onne Port
News

NDLEA Intercepts 4.9million Tramadol Capsules at Onne Port

  Efforts by the National Drug Law Enforcement Agency, NDLEA to block access and availability of illicit substances have again led to the interception of a container bearing 4,996,200 capsules of tramadol weighing 2,498.2 kilograms at the Onne Port, Port Harcourt, Rivers state. A statement released by Femi Babafemi, spokesperson of the NDLEA, said the seizure of the illicit drug concealed in 1,387 cartons on Tuesday, May 18, followed a joint examination by NDLEA operatives and Customs personnel on a container marked MRKU 0764717, which had since been on the Agency's watch list. In a related development, a 42-year-old Muntari Hamidu has been arrested in Nyibango, Jimeta, Yola, Adamawa state with 13 sacks of Cannabis Sativa weighing 166kg. This is just as 35-year-old Sani M...
Real Madrid Ready To Listen To Offers For Eden Hazard 
Sport

Real Madrid Ready To Listen To Offers For Eden Hazard 

Laliga giants Real Madrid are ready to start listening to offers for Belgian star Eden Hazard after losing patience with him, reports Marca. While injuries have affected the £90million signing’s development since he arrived from Chelsea back in 2019, manager Zinedine Zidane is ready to offload the winger due to his performances and attitude. Hazard found himself in trouble with Madrid fans this week after he was pictured laughing and joking with his former Chelsea team-mates moments after his side were knocked out of the Champions League semi-final. However, the report suggests that his recent actions at Stamford Bridge have not influenced the decision and that Madrid have been planning to make him available for transfer for weeks. Madrid have ‘reached a limit’ with Hazard’...
Europa League: Arsenal Receive Major Injury Boost Ahead of Villarreal Clash
Sport

Europa League: Arsenal Receive Major Injury Boost Ahead of Villarreal Clash

  Arsenal defender, David Luiz, has returned to full training ahead of their Europa League semi-final clash with Villarreal. His availability represents a timely injury boost for the Gunners Mikel Arteta’s men travel to Spain for Thursday’s first-leg and Luiz could be included in the squad. Luiz has not played since March 21, after undergoing surgery on a knee problem. Arteta will now have to assess whether the 34-year-old is ready to play any part in the game. The Brazilian’s current deal ends this summer and talks are yet to begin over an extension.
Arsenal vs Everton: Aubameyang, Lacazette, others ruled out of EPL
Sport

Arsenal vs Everton: Aubameyang, Lacazette, others ruled out of EPL

  Arsenal manager, Mikel Arteta, would be without strikers Pierre-Emerick Aubameyang and Alexandre Lacazette, for the visit of Everton in the Premier League on Friday. Aubameyang is recovering from malaria, while Lacazette pulled his hamstring last week during the 1-1 draw with Fulham. A club statement said: Pierre-Emerick Aubameyang – Auba continues to recover after contracting malaria on international duty. Auba will be unavailable for Friday’s match against Everton but is hoping to resume light training by the end of this week. “Alex Lacazette – Left hamstring. Alex has sustained a strain to his left hamstring and will be unavailable for Friday’s match against Everton. He will continue to work with the medical team and will be assessed ahead of next week’s matche...
Sheffield United vs Arsenal: Arteta to be without Three Key Players for EPL clash
Sport

Sheffield United vs Arsenal: Arteta to be without Three Key Players for EPL clash

  Arsenal manager, Mikel Arteta, could be without up to three key players for Sunday’s trip to Sheffield United in the Premier League. The Gunners were thrashed 3-0 by Liverpool in their league outing. Arteta’s men also threw away a late advantage to draw 1-1 with Slavia Prague on Thursday. Ahead of this weekend’s clash against relegation-threatened Blades, the club has released an injury update. Calum Chambers is back in full training and available for selection, after missing Thursday’s match against Slavia Prague due to a slight knock. David Luiz is ruled out, after undergoing a small procedure on his right knee last weekend. Martin Odegaard has been experiencing discomfort to his right ankle since being on international duty and continues to be assessed ah...
Arsenal Give Injury Updates Ahead of West Ham Clash
Sport

Arsenal Give Injury Updates Ahead of West Ham Clash

  Arsenal have passed Bukayo Saka fit for their clash with West Ham on Sunday. However, Willian faces a late fitness test, ahead of the Premier League fixture. Both Saka and Willian missed the Gunners’ Europa League clash with Olympiacos on Thursday due to hamstring and calf problems respectively. “As a precaution, Bukayo was left out of the squad to play Olympiacos on Thursday,” read a statement on Arsenal’s official website. “During this week, Bukayo has responded well to treatment, has participated in training and is now available for selection. “Willian missed Thursday’s match with Olympiacos due to a tight calf. “Willian is recovering well, has participated in training and will be assessed ahead of Sunday’s match regarding his availability.”...
Department of Petroleum Resources Seals Filling Stations in Imo for Selling Above Approved Price
News

Department of Petroleum Resources Seals Filling Stations in Imo for Selling Above Approved Price

Some filling stations in Imo state have been sealed by the Department of Petroleum Resources. Zonal Controller of DPR in Imo, Roseline Wilki who spoke to newsmen as she led a team of officials on a routine monitoring exercise in Owerri, the state capital, said the filling stations were sealed for selling Premium Motor Spirit (PMS) also known as petrol above the authorised pump price. She said; “We are here to ensure that there is quality, to ensure availability of the product, and to ensure that you don’t have adulterated product and that there is no hoarding. “We are here to ensure that the operators are selling within the government approved pump price. “We will definitely sanction those that are not selling within the (government approved) pump price and for the adulter...
AC Milan 0-1 Manchester United (Agg 1-2) : Paul Pogba to the Rescue as United cruise to Europa League Quarterfinals
Sport

AC Milan 0-1 Manchester United (Agg 1-2) : Paul Pogba to the Rescue as United cruise to Europa League Quarterfinals

Paul Pogba's second half cameo was all Manchester United needed to secure a quarter final berth at the expense of a dogged Milan side intent on frustrating Ole Gunnar Solksjaer's team. Milan got a vital away goal in last week's first leg at Old Trafford and with the availability of star man Zlatan Ibrahimovic many expected them to disturb United's party on Thursday night, March 18. Paul Pogba came off the bench in the second half to score the decisive goal, picking his spot from a tight angle in the left inside channel to give United a 0-1 win and secure a 2-1 aggregate triumph in the tie. Zlatan Ibrahimovic had Milan's best opportunity, but Dean Henderson was on point to deny the veteran forward. United despite facing pressure, comfortably held out at the end t...
Tuchel Names Chelsea Player that is More than One Man after 2-0 Win Over Atletico
Sport

Tuchel Names Chelsea Player that is More than One Man after 2-0 Win Over Atletico

  Chelsea manager, Thomas Tuchel has insisted that his side played against Atletico Madrid with ‘half a man more’ due to N’Golo Kante’s presence on the pitch. It was goals from Hakim Ziyech and Emerson Palmieri that secured a 3-0 aggregate win for the Blues over the La Liga leaders at Stamford Bridge. However, Kante turned in a sublime display against the Spanish side, back to his best, with Chelsea keeping another clean sheet. Tuchel said that Kante’s availability was a ‘big gift’ to him in his post-match press conference. “I never know the age of my players just from performance,’ Tuchel said. “If you play with N’Golo you have half a man more because he has a volume that is simply outstanding. “It is a big gift for me, a guy so, so humble and a big helper on...
Rohr adds two more players to Super Eagles squad for Benin, Lesotho games
Sport

Rohr adds two more players to Super Eagles squad for Benin, Lesotho games

Genk striker, Paul Onuachu has been called up to the Nigeria national team, for the 2022 Africa Cup of Nations qualifiers against Benin Republic and Lesotho. Onuachu was a shock exclusion from the original 24-man list released earlier this month. The 26-year-old could only make the standby list, despite his fine displays for Genk this season. However, Onuachu has now been added to the squad, along with Henry Onyekuru. Onuachu has been extended an invitation but Moses Simon and other Super Eagles stars in France are to miss the encounter due to the country’s COVID-19 protocol. “Following the uncertainty regarding the availability of players based in France [due to COVID 19 laws guiding the country], Super Eagles Coach Gernot Rohr has extended an invitation to KRC Genk str...
Southampton vs Chelsea: Tuchel Gives Injury Updates on Abraham, Pulisic, Silva, Havertz
Sport

Southampton vs Chelsea: Tuchel Gives Injury Updates on Abraham, Pulisic, Silva, Havertz

  Chelsea manager, Thomas Tuchel, has ruled Thiago Silva out of their Premier League clash at Southampton on Saturday. However, Tammy Abraham and Kai Havertz could both play a part this weekend. Silva, 36, had missed the Blues’ last three games due to a muscle injury and while the veteran defender trained on Thursday, he is yet to return to full fitness and will not travel for the match. Havertz picked up a knock ahead of Chelsea’s win at Tottenham earlier this month and has managed just two appearances under Tuchel as a result. But the 21-year-old attacking midfielder has been passed fit after returning to full training. There remains a “big question mark” over Christian Pulisic’s availability, with the American forward nursing a minor calf problem. “We’re ve...
Wear Your Face Masks to Avoid Another Lockdown – Presidency Warns Nigerians
News

Wear Your Face Masks to Avoid Another Lockdown – Presidency Warns Nigerians

The Presidency has warned Nigerians to obey all the COVID19 protocols which include wearing a face mask so as to avoid the government from imposing another lockdown. The warning came via a statement signed and released by Garba Shehu, senior special assistant to the president on media and publicity. The presidency said it is worried by reports of non-compliance with the executive order signed by President Buhari on January 27 that mandates the use of face masks and social distancing. The law stipulates that any defaulter of the COVID19 protocols will be asked to pay a fine or sentenced to 6 months in jail or both. According to the statement, President Muhammadu Buhari signed the executive order with the best of intentions and not with the motive of punishing citizens. “The Presi...
Tertiary Institutions to Reopen in Kaduna State on January 25
Education

Tertiary Institutions to Reopen in Kaduna State on January 25

Kaduna State Government has approved January 25 as the resumption date for all tertiary institutions across the state. This was conveyed in a statement issued on Sunday January 24 by the permanent secretary in the state Ministry of Education, Phoebe Yayi. Yayi said the approval came after an Assessment Team had gone round all tertiary institutions in Kaduna State to ensure their level of preparedness and plans for reopening are in full compliance with the State COVID-19 preventive protocols and for safe learning environments against the pandemic. She said the resumption by all tertiary institutions will be in phases as provided by the schools and according to their academic levels and subject to school’s compliance with guidelines in place. The permanent secretary also urge...
We’re Researching on how Blood Plasma can be Used to Treat COVID-19 cases – Minister of Health, Ehanire Osagie
News

We’re Researching on how Blood Plasma can be Used to Treat COVID-19 cases – Minister of Health, Ehanire Osagie

The Minister of Health, Ehanire Osagie has revealed that they working on using plasma from the blood of recovered Coronavirus patients to treat people infected with the virus. He revealed this at a news conference to commemorate the World Blood Donor Day (WBDD). Ehanire said the plasma of patients who recovered from COVID-19 is called convalescent plasma, and further urged Nigerians to donate blood to save the lives of those in need.   The Minister said; “It is believed that persons who suffered COVID-19 and have recovered will have antibodies inside their plasma, which can be used to treat others. “It can be used to treat others who are not able to build antibody fast enough or those who are suffering from a severe form of the virus. “Yes, our research centres a...
Two British Airways Staff Members Test Positive for Coronavirus
Health

Two British Airways Staff Members Test Positive for Coronavirus

Two members of British Airways staff have tested positive for coronavirus the airline announced on Friday. British Airways in a statement, it said: “Public Health England (PHE) has confirmed that two members of our staff have tested positive for the COVID-19 virus.” The airline also confirmed that the two members of staff were baggage handlers and not members of cabin crew and they have been isolated and are currently recovering at home. Heathrow Airport, the airline’s headquarters, said in a statement: “The welfare of our passengers and colleagues is our top priority. “A dedicated Public Health England team is operating at Heathrow to respond to any incidents at the airport, and we are working closely with them to ensure our colleagues are following their lat...
Real Madrid Blasts Pochettino over ‘Lies
Sport

Real Madrid Blasts Pochettino over ‘Lies

Real Madrid have accused Mauricio Pochettino of lying over claims, that Spurs were denied permission to stay at their training ground, ahead of the Champions League Final. Both Tottenham and Liverpool will use Real’s Valdebebas training complex ahead of the final in Madrid. However, speaking on Thursday, Pochettino claimed Spurs had asked whether they could use Real’s accommodation at their training base and were refused. Pochettino said: “Ahead of the final, we will train at Valdebebas and sleep in a nearby hotel. “I asked Florentino to let us sleep in the sports centre, but he told me that I can only sleep there when I become the coach of Real Madrid.” That declaration has drawn a response from Los Blancos, who have issued a strongly worde...
Youth Devt Stimulates Aiteo’s Sponsorship of Nigerian Football
Sport

Youth Devt Stimulates Aiteo’s Sponsorship of Nigerian Football

Indigenous energy conglomerate and Official Optimum Partner of the Nigerian Football Federation, Aiteo Group, reaffirmed its pledge to youth capacity development in Nigeria and across the African continent through its sponsorship of football at the second edition of the annual Aiteo-NFF Awards in Lagos. In a keynote speech by the Executive Vice Chairman of the Group, Benedict Peters, Aiteo reiterated that positively influencing the youthful population of Nigeria informed its decision to venture into football sponsorship. According to Peters: ‘‘First, we believe a deep commitment to encouraging and empowering Nigeria – and Africa’s youth population through the compellingly attractive medium of sport. Second, it is indisputable that the availability of sporting talent remains one...
WRESTLING: NWF Announces African Championships Team
Sport

WRESTLING: NWF Announces African Championships Team

The Nigeria Wrestling Federation (NWF) has announced a tentative 22-man list expected to represent the country at the 2019 African Senior Wrestling Championships in Hammamet, Tunisia. The list is made up of 16 athletes, 5 officials and an accompanying referee. Subject to the availability of funds for their flight tickets and accommodation, the 22-man delegation is expected to depart Nigeria early next week for the continental showpiece slated for March 26-31 in the north African nation. The list, which is headlined by 8-time (consecutive) African Champion Blessing Oborududu, also has Commonwealth Champions Odunayo Adekuoroye and Aminat Adeniyi as well as Mercy Genesis, Ifeoma Nwoye, Sunmisola Balogun, Hannah Reuben, Emmanuel Ogbonnaya, Amas Daniel, all African champions in their ...
British Airways Releases Low Spring Return Fares as Low as $169
News

British Airways Releases Low Spring Return Fares as Low as $169

British Airways, the flag carrier and the largest airline in the United Kingdom has released low fares as spring surfaces. The return fares goes for as low as $169 in economy class, $2, 009 in business class and $5, 800 in first class. The fares are already on sale for outbound travel from now with return date anytime within the next 12 months. Sales ends on the 29th of March, 2019. This promo is only applicable for customers who plan to travel to UK and Europe with a minimum stay of 3 days and maximum stay of 12 months. Speaking on the promo, Kola Olayinka; British Airways Regional Commercial Manager for West Africa stated that “one of the reasons we have introduced this promo is to encourage people to visit fascinating places in UK and...
Peruzzi Allegedly Scammed ABUAD Alumni of N600,000
Celebs

Peruzzi Allegedly Scammed ABUAD Alumni of N600,000

The Afe Babalola University, ABUAD Alumni has called out DMW singer Peruzi over an alleged fraud of N600,000, which was meant to be payment for his service at their recent event. According to ABUAD Alumni, the artiste confirmed his availability for the event which was billed to hold on 5th of January, 2019, but he refused to show up despite confirming receipt of their payment.   The association has however given the singer 7 days refund them and also requested for an additional N400,000, which is to serve as damages for breaching their contract. The singer has however not responded to the allegation.
Onoriode Ehwarieme: Throws Cap into the Ring for Joshua
Sport

Onoriode Ehwarieme: Throws Cap into the Ring for Joshua

With 17 victories, 16 by knockouts, undefeated Nigerian heavyweight boxer, Onoriode Ehwarieme has never hidden his resolve to be ranked among the ‘big boys’ in the heavyweight category in the world. To achieve his ambition, for the umpteenth time he his throwing a challenge to the two most popular boxers in the division- Deontay Wilder and Anthony Joshua Undefeated Nigerian heavyweight boxer, Onoriode Ehwarieme, has maintained his belief that he is ready to take on the top dogs of the heavyweight division and has always called out unbeaten world champion, Anthony Joshua. The 6’9 tall heavyweight has declared his availability to take on all comers as well as WBC Heavyweight Champion, Deontay Wilder. He had earlier stated he was the man who sent Joshua packing back to England when the Br...
Gabon Begs Aubemyang to Return
Sport

Gabon Begs Aubemyang to Return

Gabon Football Federation president Pierre Alain Mounguengui is pleading for the availability of Arsenal striker Pierre-Emerick Aubameyang for the sink or swim 2019 Afcon final qualifier against Burundi next month. Aubameyang The Gabon captain Aubameyang missed the last qualifying match at home to Mali which they lost 1-0, putting their bid for Egypt 2019 at risk. While Aubameyang did not turn up for the Mali tie owing to injury reasons, reports in Gabon suggested that it was a snub of national duty. This was after the Arsenal star had clashed with Fegafoot over the appointment of his father Pierre-Francois as national team co-coach without consultation. With Gabon needing nothing short of victory in their trip to Burundi, Mounguengui is fretting over the availability of th...
Address Constraints Facing FMCGs to Boost Nigeria’s Economy, Govt Urged
News

Address Constraints Facing FMCGs to Boost Nigeria’s Economy, Govt Urged

Economists and industry stakeholders have lamented the food companies’ prevailing unfavourable operating climate and called for urgent need for the federal government to address the constraints and challenges facing the Fast Moving Consumer Goods (FMCGs) sector in the country. Such steps they reasoned would boost the economy and bring about improvement in the ease of doing business in the country. Speaking on the Business Morning programme of the Channels Television Network yesterday, the Chairman of Financial Derivatives Company Limited, Mr. Bismarck Rewane, in response to a question, listed some bottlenecks facing the under-performing companies in the above-mentioned sector, which have affected their financial performance. To Rewane, these constraints include infrastructural con...
Mercedes Delivers 1.5 Vehicles In 8 Months
News

Mercedes Delivers 1.5 Vehicles In 8 Months

Mercedes-Benz delivered 1,512,268 vehicles to customers worldwide in the first eight months of this year, thus setting a new record (+1.1%). Never before in the company’s history were sales of 1.5 million vehicles achieved earlier in the year. Mercedes-Benz sold 155,918 (-8.5%) vehicles worldwide in August, the 30th consecutive month with global sales of more than 150,000 units due to the ongoing strong demand for cars with the three-pointed star. As expected, however, there was an impact on unit sales in August from challenges relating to vehicle availability, including model changes and delays in vehicle certification in some markets. Nevertheless, Mercedes-Benz defended in the first eight months of the year its position as the best-selling premium brand worldwide.  Mercedes Benz AM...
Bank Of Industry, Export-Import Bank Of China Sign MoU On $500m Financing Support
News

Bank Of Industry, Export-Import Bank Of China Sign MoU On $500m Financing Support

Abuja – The Bank of Industry (BOI), Nigeria’s leading Development Finance Institution (DFI), and the Export-Import Bank of China (CEXIM) have signed a Memorandum of Understanding (MoU) on a $500 million financing support. PRESIDENT BUHARI IS WELCOMED BY A CHINESE SCHOOL GIRL IN BEIJING. SATURDAY, SEPTEMBER 1, 2018. Speaking on the development on Sunday, the bank’s Managing Director/Chief Executive Officer, Mr. Olukayode Pitan, said the partnership has an enormous job-creation potential. “This is a partnership that will provide a credit line of up to $500 million towards the establishment of modular refineries and flare gas recovery programmes in the country,’’ he said. Pitan who signed the MoU on behalf of BOI in Beijing in China said he was delighted to be part of the beginning ...

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