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Archive for July, 2011

U.S Congress reached last minute deal to avert debt default

Jul. 31 | Associate Press - Ending a perilous stalemate, President Barack Obama and congressional leaders announced historic agreement Sunday night on emergency legislation to avert the nation’s first-ever financial default. The dramatic resolution...

Nigeria’s U-20 thrashed Guatemala 5-0

Jul. 31 | AP - Nigeria thrashed Guatemala 5-0 at the Under-20 World Cup on Sunday with Edafe Egbedi scoring twice. Egbedi struck in the eighth and 39th minutes in the Group D match. Nigeria, one of the favorites, piled it on after the break with Abdul Ajagun...

Public rage and accusation of misplaced priority surround single term proposal

Jul. 29 | A disappointed Jonathan looked on at the PDP executive committee meeting. Photo Credit: Thisday By NAL staff writer The words of Nigeria president Goodluck Jonathan weren’t good enough to pacify doubters over his planed proposal for constitution...

African economies up to the global challenge

Jul. 28 | Cheikh Sidi Diarra, the UN special adviser on Africa and high representative for least developed countries (LDCs) By André-Michel Essoungou, Istanbul, Turkey Two foreign shoe sellers were once sent to Africa in search of new customers. At the sight of...

North African women press for freedom, rights and dignity

Jul. 28 | By Fatma Naib Arab women have shown that women can play important roles in revolutionary events. In Egypt and Tunisia they participated in the popular uprisings for democracy. “The women contributed equally to the revolution, like the men,” affirms...

Anchor Baby coming to a cinema near you in the UK

Jul. 27 | Africa is popular for so many things, but one of the things that has driven Africa’s popularity in the western world in recent times is ‘Anchor Baby’, the movie by Lonzo Nzekwe that was described in the July – September edition of BBC Focus on...

North Korea demands peace treaty with US

Jul. 27 | Associate Press - North Korea demanded Wednesday that the United States sign a peace treaty formally ending the Korean War, as a senior North Korean diplomat visited New York to negotiate ways to restart six-nation nuclear disarmament talks. In...

Calm in the Niger-Delta pushes increase in oil production

Jul. 27 | AFP - Nigerian oil output has rebounded to levels not seen in years, but crucial issues after April elections remain unresolved and could have a major impact on future growth in Africa’s largest oil producer. The boost in production has...

ISLAMIC BANKING: How The CBN Governor Compounded Our Fears

Jul. 27 | In compliance with a House resolution requiring him to clarify the cash withdrawal limit and the Islamic banking policy, Sanusi Lamido Sanusi the Governor, Central Bank of Nigeria (the CBN Governor) appeared on the floor of the House of Reps on Thursday...

President Jonathan ‘not’ to seek re-election in 2015

Jul. 26 | By NAL staff writer There is a strong indication that Nigeria’s incumbent President, Goodluck Jonathan may not seek re-election in 2015, when the country is due to go the poll for another round of general election. The strongest indication, so far,...