Manchester City target £50m Neymar

Neymar Manchester City want to make Brazilian superstar Neymar a £50 million marquee summer signing as they prepare to battle with Barcelona for the forward’s signature. City directors Ferran Soriano and Txiki Begiristain held talks with the Neymar’s representatives at Wembley on the night of England’s friendly against Brazil on February 6. That came six weeks after City director of football Begiristain flew to Sao… Read more

Power generation to rise by 40%

The Minister of Petroleum Resources, Diezani Allison Madueke has stated that the Federal Government is embarking on initiatives that will see the power generation levels in the country increase by 40% before the beginning of the following year. Speaking at the on-going Nigeria Oil and Gas (NOG) conference in Abuja Tuesday, the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, said the 12-month emergency gas supply… Read more

Power sector: New owners to take possession of assets June 2013

The newly preferred bidders in the Federal Government’s privatised power sector are expected to take possession of assets by June, 2013. A member, National Council on Privatization, NCP, and Chairman, NCP’s Technical Committee, Mr. Atedo Peterside revealed this yesterday at 2013 Standard Bank West Africa Investor Conference, saying, “we expect new owners to take possession of these power sector assets in mid- 2013 and also… Read more

NIMC workers shut down national assembly

Hundreds of sacked workers of National Identity Management Commission (NIMC) at the early hours of today barricaded the main entrance of the National Assembly complex, to protest against the resolution of the House of Representation in approval of their disengagement from the service. Members of the House of Representatives had penultimate week approved the sack of the 4, 000 workers and recommended their re-absorption into… Read more

David Gill to step down as Manchester United chief executive

Manchester United chief executive David Gill has announced he will step down from the club in June this year, with executive vice chairman Ed Woodward taking over his role at Old Trafford. The 55-year-old joined the board in February 1997 as finance director, and has been in his current role at Old Trafford since September 2003. He will however remain as a director at the… Read more

Pastore finding it tough with Ibrahimovic

Maurizio Zamparini says Javier Pastore’s struggles at Paris Saint-Germain are down to his inability to play alongside Zlatan Ibrahimovic. The Argentine midfielder has failed to reproduce the form which led to PSG splashing out a reported 40 million euros to buy him from Palermo in August 2011. Palermo president Zamparini said Pastore was finding it difficult in Paris due to his struggles trying to play… Read more