Friday, March 11, 2011

MTN says to invest $1 bln in Nigeria network

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MTN says to invest $1 bln in Nigeria network

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Mtn Group Ltd
MTNJ.J
13,100.00
+372.00+2.92%
6:49am PST
LAGOS, March 11 | Fri Mar 11, 2011 8:03am EST
LAGOS, March 11 (Reuters) - The Nigerian arm of Africa's biggest mobile phone operator MTN (MTNJ.J) said on Friday it plans to invest $1 billion over the next year to expand its network in the continent's most populous nation.
"MTN Nigeria will spend $1 billion capex on optimisation, building the fibre network, improving transmission capacity, building more base stations and substantially increasing the capacity of its network," said Funmilayo Omogbenigun, a spokeswoman for MTN Nigeria. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Chijioke Ohuocha; Writing by Nick Tattersall) 21Kindle Wireless Reading Device, Wi-Fi, Graphite, 6" Display with New E Ink Pearl TechnologyProtectorWild Sight
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Monday, February 21, 2011

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Tuesday, January 25, 2011

Boko Haram Crisis - Igbo Threatens to Leave Borno, Close Business Premises

The Members of the Igbo community in Maiduguri, Borno State capital have promised to embark on massive exodus back to their respective states in protest of the continuous killing of their kinsmen across the state by the men believed to be Boko Haram tyrants.
Igbo Welfare Association (IWA), umbrella body of the entire Igbo in the state, has instructed all its members to close all their business premises for an indefinite period of time even as it placed a fine of N50, 000 upon any defaulting member.

Chinese To Colaborate With Nigeria In Agriculture

http;//www.google.comThe Chinese government is set to collaborate with The Nigerian In Agricultural sector...

Friday, January 21, 2011

Education fair - Nigeria Receives Canada

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The 2011 edition of the Canadian Education Fair will be holding on 31st January and 1st February in Abuja, and from 3rd to 5th February 2011 in Lagos State Nigera.

EFCC PROBES NIGERIA FOOTBALL ADMINISTRATORS

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 The Economic and Financial Crimes Commission (EFCC), yesterday, told a Federal High Court in Abuja that Sani Lulu and three others involved in an offence under the Nigerian law and not under the FIFA law For allegedly defrauding the federal government to the tune of over N1.3 billion naira and $2 million, and as such, should be tried.



The EFCC stated this in a counter motion challenging an application brought before the court by Lulu and three others, Amanze Uchegbulam, Bolaji Ojo-Oba, and Taiwo Ogunjobi, all former officials of the Nigeria Football Federation, NFF, seeking to quash charges of alleged corruption preferred against them by the commission.

At the resumed hearing of the matter on Thursday, the accused persons through their counsel, Sunday Ameh and Akin Olujinmi, challenged the jurisdiction of the court to entertain the charges, saying that it is only FIFA that has jurisdiction to prosecute them.

They accordingly prayed the court to quash the charges on the ground that the regulating body of NFF is FIFA and that the federal government has no right to legislate over football related matters under the constitution.
Specifically, the defence said the charges levelled against the men bothered on the breach of Criminal Act, EFCC Act, and Public Procurement Act. Noting that since NFF is not being regulated by such Acts, it could not be binding on the accused persons and as such the accused could not have breached the provisions of such law.
But counsel to the EFCC, Titus Ashaolu, opposed the application with a 22- paragraph counter-affidavit praying the court to discountenance the applications of all the defence counsels on a lack of merit. Sressing that in as much FIFA law is not domesticated in Nigeria, the accused will have to be prosecuted under the law of the land.
"Coming to this court and saying they cannot be tried by Nigerian laws, except FIFA, is an aberration," he said.

Nigeria: Violent Polls Blinks Stability