archives : October 2008


The disagreeing assembly room of the Nigerian senators will today hold a joint conference meeting to resolve their differences over President Umaru Yar’ Adua’s budget plan. - Monday 13 October 2008

All the 20 teams for the final round of the joint qualifiers for the 2010 World Cup/African Cup of Nations have emerged, following the last round of matches played in the second round across Africa at the weekend. - Monday 13 October 2008

South africa - Zimbabwe
Brushing aside a stand off with the opposition over cabinet posts in a new unity government, Zimbabwean President Robert Mugabe swore in two vice presidents from his party on Monday, a day former South African President Thabo Mbeki was due in the country to mediate in the dispute. - Monday 13 October 2008

Liberia - United States
In a bid to promote investment in Liberia, create jobs and provide affordable housing, the Robert Johnson Group of Companies and the Overseas Private Investment Corporation (OPIC) has agreed to establish a USD$100 million Finance Protocol. - Monday 13 October 2008

Nigeria - International
As Wall Street suffered its worst weekly drop ever, the oil industry was further affected as a barrel of oil went as low as $78 in the weekend, a development that has sent panic waves all across investors in Nigeria. - Monday 13 October 2008

South africa - Zimbabwe
Former South African President Thabo Mbeki holds talks in Harare Monday morning on a salvage mission of a shaky power-sharing agreement. - Monday 13 October 2008

Following are the results of the last group 2 qualifiers for the joint 2010 African Nations Cup/World Cup, played across Africa on Saturday. - Sunday 12 October 2008

Panafrica - Ethiopia
Africa needs to cultivate a new breed of political leadership and put to an end to the current trend of regimes perpetuating a semblance of a personality cult, Ethiopia’s Sub-Saharan Informer suggested. - Saturday 11 October 2008

United States
Like a stunned gambler who has enjoyed a long run of success only to lose all his winnings on a cruel turn of the roulette wheel, Nevada’s economy is in shock. After years of growth its housing market has collapsed, decimated by the mortgage foreclosure crisis. Tourism is in a slump, casinos are shelving construction projects worth billions of dollars and unemployment is soaring. - Saturday 11 October 2008

Panafrica - United States
The growth prospects of the American Insurance Group (AI G), which went through turbulent times and was bailed by the US government, looks stronger despite the challenges faced by the parent company, a top company official has said. - Saturday 11 October 2008

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