Nollywood Actor Markets Nigeria To The World

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Deji Adenuga, remember him? He’s the suave A-list actor and husband of delectable broadcaster, Yemi Adenuga. For many years, he straddled both the stage and the screen, bringing immense delight to many homes through his acting.

Then, with neither a warning nor a farewell, Adenuga disappeared, simply vanishing from the cinemas and the home videos. His fans were left with nothing but the old films he had been involved in before his sudden departure, even as they wondered what actually happened to their beloved entertainer.

“Well, I relocated, like people would say, to join my family in Ireland. That was in 2006,” the actor told the reporter recently at a chance meeting in Lagos on his way back to Dublin.

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Fitch downgrades BRICS: An attempt to discredit the emerging markets and scare investors away from BRICS countries.

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Firtch has cut its outlook on all BRICS countries and predicts a downturn for the emerging economies. At once, the agency's analysts feel that American and European economies have recovered from recession and will become growing.

In a study note sent to the press, Fitch explained the rationale behind the outlook cut:

“Many of the biggest emerging markets are experiencing strains from spillovers from advanced economies and China, difficult policy tradeoffs, a declining impact from credit growth and structural bottlenecks.”

There are several problems with this forecast.

First and foremost, Fitch has lost its credibility following a big amount of securities rated “triple A” by this agency went to zero throughout the financial crisis. Therefore, any rating distributed by Fitch should be taken with a grain of salt. 

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MASSOB Update: Two die, markets close for Apo Six

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Virtually all markets in Anambra State were closed on Saturday as indigenes complied with a sit-at-home order declared by the Movement for the Actualisation of the Sovereign State of Biafra.

In Awka, the state capital, the major streets were empty while the main market, Eke Awka, was deserted. There were however skeletal trading at Amaenyi and Kwata markets.

In Onitsha, two people suspected to be members of MASSOB were killed when the vehicle they were travelling in somersaulted as they tried to escape from security agents that were pursuing them.

Anambra plans to shut down markets, companies over tax

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The Anambra Government on Friday warned that it would shut down more markets and corporate organisations if their nonchalant attitude toward payment of their taxes did not change.

 The state’s Chairman, Internal Revenue Services, Mr Nwanne Ejikeme, stated this in an interview with the News Agency of Nigeria  in Awka.  Ejikeme said, “We are also in the process of charging those who have refused to pay their taxes.

 “Very soon you will see that it is not just markets that will be closed, but also business centres, chambers, banks and corporate organisations.   “Even residents, who refuse to pay their taxes will not be spared.”

 According to him, the public ought to know that governance is not free of charge.

 He said that many people were yet to realise that they had a contribution to make to the development of their states.

Lagos ripples: Okada Banned in Onitsha Markets too

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Even as some stakeholders are planning to flag off a nationwide protest against the ban of commercial motorcycle operators popularly known as “Okada” in some parts of the country, Markets’ leaders in Onitsha, the commercial nerve centre of the South-East, have banned commercial motorcyclists from entering their markets during the Christmas season.