Home » May 26th, 2011 Entries posted on “May, 2011”

UEFA Confirm Hungarian Viktor Kassai as Referee for Champions League Final Between Manchestee United and Barcelona

Uefa has confirmed that Hungarian referee Viktor Kassai will be the man in charge at Wembley on Saturday for the Champions League final between Barcelona and Manchester United. The 35-year-old has previously officiated in the 2007 Fifa Under-20 World Cup, Euro 2008 and the Olympic Games that same year. This season, he has been involved [...]

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EFCC Rearrest Former Enugu Gov. Nnamani Over Billion Naira Fraud

Nnamani-to-court

Economic and Financial Crimes Commission (EFCC) yesterday re-arrested former Governor of Enugu State and incumbent senator representing Enugu East Dr. Chimaroke Nnamani over fresh allegation of fraud said to be running into billions of naira. The former governor is being detained and interrogated at the Headquarters of the EFCC in Abuja. Daily Champion gathered that [...]

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CBN Insist on N150,000 Cash Withdrawal Limit

The Central Bank of Nigeria (CBN) yesterday said that there was no going back from the implementation of its earlier released “Industry policy on retail cash collection and lodgment” which imposes restrictions on daily cash deposits and withdrawals either by individuals or corporate entities. The policy restricts individuals from making deposits and withdrawals above N150, [...]

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New cabinet Ready in 2 Weeks, NYSC will Stay – Jonathan

PRESIDENT Goodluck Jonathan, on Tuesday, said barring any unforeseen circumstances, the new federal cabinet would be ready two weeks after his inauguration. Jonathan disclosed this in Lagos, during an audience with a delegation of General Electric (GE) Company led by the vice chairman, John Rice, at the State House, Marina. He said the time would [...]

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CBN Raise Lending Rate to 8%

The Central Bank of Nigeria (CBN) yesterday resolved in an overwhelming vote to further tighten the country’s money policy by raising lending rate and Cash Reserve Ratio (CRR). At the end of the two-day Monetary Policy Committee (MPC) meeting in Abuja, the apex bank members resolved to increase cash reserve ratio (CRR) from 2 per [...]

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2 Die in Kaduna Plane Crash

Authorities in Kaduna State on Tuesday, confirmed the death of a British pilot and a maintenance engineer on the outskirts of the state capital, where their plane, on a test flight became faulty and crash landed near a river. According to a farmer who was close to the scene of the incident, Mallam Muhammad Musa, [...]

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Disgraced Former IMF Managing Director to Get $250,000 Severance Pay

Dominique Strauss-Kahn is set to receive a $250,000 ‘golden parachute’ severance payment – and American taxpayers will help fund it. The former International Monetary Fund chief, who quit after being charged with sexually assaulting a New York hotel maid, is also due to be handed a pension. U.S. Congressmen reacted angrily to the deal but [...]

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Obafemi Awolowo Appoints New Vice Chancellor

The Governing Council of Obafemi Awolowo University (OAU), Ile-Ife, has appointed a new vice-chancellor for the institution. He is Professor Idowu Bamitale Omole and his appointment takes effect from 24 June, 2011. A release by the Public Relations Officer of the university, Mr. Abiodun Olarewaju, stated that the council made the announcement after its meeting [...]

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Coca-Cola to Increase Mobile Advertising

Global company Coca-Cola is turning to mobile marketing to encourage brand adoption and loyalty. Their “Twist, TXT, Win” competition is featured on selected Coca-Cola products. The consumer sends an SMS with their product’s unique code to go into the draw to win prizes. There is an instant response to let them know if they have [...]

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House Passes Sovereign Fund Bill

The House of Representatives Tuesday concurred with the Senate in the passage of the Sovereign Wealth Fund (SWF) Bill into law. The legislation, which had earlier been passed by the Upper Chamber of the parliament, was simply read on the floor and lawmakers affirmed by voice vote that it be passed into law without further [...]

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Al Qaeda Appoints New Leader to Succeed Osama Bin Laden

Al Qaeda has appointed a former Egyptian Special Forces officer as interim leader following the killing of Osama bin Laden by US commandos, al Jazeera reported on Wednesday. In a brief news flash, the Arab satellite channel said Saif al-Adel was named interim leader and Mustafa alYemeni, whose surname hints he is from Yemen, would [...]

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Presidential Election Tribunal Begins Sitting

The Nigerian presidential election petitions tribunal on Tuesday formally had its inaugural sitting with the President of the Court of Appeal, Justice Isa Salami, presiding. The hearing, initiated by the Congress for Progressive Change ( CPC) suffered a setback on Tuesday, when the petitioner withdrew its earlier application to inspect electoral documents. The five-man panel [...]

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US Navy Say They Found Porn Materials in Bin Laden’s House

Among the material seized by US Navy Seals at Osama bin Laden’s compound in Abbottabad, Pakistan, was a “sizeable stash” of pornography, US officials have said. The statement brought instant ridicule from bloggers, many of whom found the claim either risible, or a further example of unsophisticated briefing which was likely to backfire. A report [...]

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Southwest PDP Endorses Ajibola Saubana as New Speaker

The Southwest caucus of the Peoples Democratic Party yesterday evening at a meeting endorsed the candidacy of Ajibola Saubana Muraina as the next Speaker of the Federal House of Representatives to replace outgoing Hon Dimeji Bankole who failed to get reelected during the just concluded General elections. The resolution to endorse 47-year-old Mr Muraina, (Ibarapa [...]

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FG Pays Families of Killed Corpers N5 Million Each

President Goodluck Jonathan yesterday announced monetary compensation of N5m to each of the 10 families of the members of the National Youth Service Corps (NYSC) who lost their lives in the postpresidential election violence which broke out in some northern states last month. The President has directed the immediate payment of the money to the [...]

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Al Qaeda Confirms Osama’s Death, Threatens Revenge

Al Qaeda have confirmed Osama Bin Laden’s death in a statement posted on jihadist internet forums. According to the U.S. monitoring group SITE Intelligence, coming five days after the Pakistan raid, the terror group in a statement warned their leader’s “blood will not be wasted” and attacks on American and its allies will continue. The [...]

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MIFE Construction Nigeria Jobs: Civil Engineers

Civil Engineering Jobs in Nigeria MIFE Construction Nigeria Limited provides a broad spectrum of engineering services which include the building of roads, bridges, and civil works on oil drilling locations. MIFE Construction is a multi-disciplinary engineering contractor with a number of heavy civil engineering projects throughout the country. As a result of expansion in the [...]

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US President Obama Announces Osama Bin Laden’s Death

The mastermind of the worst terrorist attack on American soil is dead, U.S. President Barack Obama announced late Sunday night, almost 10 years after the attacks that killed more than 3,000 people. Osama bin Laden — the longtime leader of al Qaeda — was killed by U.S. forces in a mansion outside the Pakistani capital [...]

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Breaking News: Osama Bin Laden Killed by US Soldiers in Islamabad

Reports emanating from CNN indicate that the feared leader of Al Qaeda network was killed by a US Military Asset in a house outside Pakistan’s capital city, Islamabad. Reports also have it that the US Military are in possession of the late terrorist’s remains. Osama Bin Laden was the Emir General of the Al Qaeda [...]

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