₦airaland Forum

ochejoseph: The European Union and the United States are
tightening sanctions against Russia, targeting its energy,
banking and defence sectors in the strongest international
action yet over Moscow's support for rebels in eastern
Ukraine.
Below are recent comments and decisions showing the
impact on European companies of the Western sanctions
and Russia's retaliatory measures:
* Rheinmetall slashed its 2014 operating profit target after
the German government withdrew its approval for a
contract with Russia and the group shifted some of its
automotive business to a joint venture.
* Russia will ban all imports of food from the United States
and all fruit and vegetables from Europe, the state news
agency reported on Wednesday.
* Shares of Norwegian fish farmers fall sharply on
Thursday over fears that Russia, their biggest market, will
ban imports as part of its planned sanctions against
Western states.
* Commerzbank is not expecting to face major losses from
its Russia-related business, which may be affected by the
EU sanctions, Chief Financial Officer Stephan Engels said.
* German airport operator Fraport said the crisis in Russia
and the prospect of further sanctions being imposed has
led to considerable uncertainties regarding its stake in St.
Petersburg airport.
* UniCredit, the banking market leader in central and
eastern Europe, said the sanctions would have only a
"marginal" impact on its business there. Its regional
subsidiary Bank Austria forecast solid profits in Russia
despite the sanctions, thanks in part to its ability to raise
money locally, though it warned of lost opportunities.
* Russia's prime minister threatened to retaliate for the
grounding of a subsidiary of national airline Aeroflot
because of the EU sanctions, and one newspaper said
European flights to Asia over Siberia could be banned.
* A low-cost airline run by Russian national carrier
Aeroflot, Dobrolyot (Good Flight), said it would suspend
all flights after its plane lease agreement was cancelled
when the EU slapped sanctions on Moscow.
* Daimler has seen booming growth in the Russian auto
market weaken due to the Ukraine crisis, Chief Executive
Dieter Zetsche told Germany's Bild am Sonntag newspaper.
* Part-nationalised British lender Royal Bank of Scotland
said it had placed restrictions on its lending in Russia
following developments in Ukraine.
* Adidas, the world's No.2 sportswear firm, cut its revenue
and profit targets for this year and scrapped them for next
year, blaming a plunge in sales at its golf business and its
exposure to a weak Russian market.
* The head of Russia's second-largest oil producer, Lukoil,
said the sanctions would force the company to reduce its
investments due to limited access to funds.
* Russian mobile phone operator Megafon said it
converted its foreign currency deposits into roubles and
Hong Kong dollars to protect against any further sanctions.
* Italy's Enel is not considering the sale of its Russian
assets at the moment, the utility's CEO Francesco Starace
said. "It is not wise to sell assets in Russia at this moment,"
Starace said in a conference call.
* German retailer Metro AG said conditions were still not
right to list a stake in its Russian cash-and-carry business,
which was postponed in March due to the Ukraine crisis.
* French oil major Total said it had stopped buying shares
in Russia's Novatek when a Malaysian airliner was shot
down over Ukraine, but it was still too early to gauge the
impact of the sanctions.
* Oil and gas producer BP reported a sharp rise in second-
quarter profits but warned further Western sanctions on
Russia could harm its business there and its relationship
with Russian state oil company Rosneft.
* More than 25,000 jobs are at risk in Germany following
the fresh sanctions, the German Committee on Eastern
European Economic Relations said. "Further damage is
looming for the European and especially the German
export industry. More than 25,000 jobs are in danger in
Germany alone," it said

www.reuters.com/article/idUSKBN0G70OR20140807?irpc=932

jayseehe: let's hope so

this is a clear victory for Aregbe

those shouting Omisore on Nairaland are Igbos and won't get a chance to vote

bbello28: Beating a dead horse............... What he cldnt do in 12yrs(4yrs deputy gov.& 8yrs senatorial appt.) ow can he achieve dat in 100 days? Clown

jerseyboy: Aregbe will not go down quietly. He is a desperate thug.

bbello28: dats ur own view.... We no longer want 2 suffer in silence.... In asmuch dis is genuine credentials 2 hammer dem

Idrismusty97: see the way i rush open the thread. OP thunder fire you!

bbello28: i pray nd hope so... All things being equal... Apc must carry d day buh if bro jega compromises... Hmmmm "dia ris god oo" is not d only comment we shall utter... court proceedings must follow

Chairman of Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has assured that Osun election would rank best among elections ever conducted in Nigeria.

The Commission’s Chairman while speaking at the Election Stakeholders “Forum for Osun State Governorship Election” confidently insisted that the election results would be difficult to manipulate.

According to him, the Commission’s objective is to make every election count in the country, noting that the electoral umpire is determined to conduct free, fair and credible election that cannot be challenged in any court of law.

Jega further urged politicians to avoid desperate ways of undermining the electoral processes, saying their actions have been detrimental to political processes in Nigeria.

He warned staff of the commission to be wary of the antics of politicians, saying that whosoever allows himself to be used will have himself to blame.

“We shall not protect anybody who has done wrong in this election”.

Speaking on Saturday’s election in Osun State, Jega said that the ballot papers that will be used in each local government are different from each other, stressing that cloning ballot papers will be difficult and any voter who brings a voter’s card not meant for a local government to another would face the music.

His words, “We have put machinery in place to make the election a success. One of such is that we have put in place colouring coded of the ballot papers, what will be used in one local government area will be quite different from another’’ ‘What we have done in Ekiti State will be different from Osun State’’.

Jega maintained the the materials to be used in Osun election are quality ones, adding that the ballot papers have been serially numbered to guard against fraud and manipulation.

He however warned voters to guide against taking photo of their ballot papers, saying it was against the electoral law.

Also speaking at the occasion, the Inspector General of Police, Mr. Suleman Abba said that all the security men on ground are battle ready and fully on ground to suppress any act of thuggery, intimidation and antics of any kind that might want to undermine the election.

“We have gotten enough men to monitor the election in the state, no hiding place for thugs and their sponsors on Saturday.”

The IGP assured people of the state of maximum protection, urging them to go to the polling booth with assurance that they would be protected.

The Resident Electoral Commissioner in Osun State, Oluwasegun Agbaje said that INEC and all stakeholders cannot afford to fail this time around, urging politicians to guard their utterances.

emiye: How true is the 7 yrs and no project completed or commissioned ?

If that is true, then something must be wrong with the populace.

nedu2000: Op I don't know what's hilarious,Ebonyi is one of the most if not the most backward state south of the niger and Martin Elechi has brought no change in that effect,if they can't wait till next year then they can impeach & ultimate probe him.

donphilopus: Lol... My President looks good, though he's leaving Aso Rock come 2015!

AdemolaJegede: i am not a politician and not intend to be one, law makers or whatever it is call should leave d governor alone, if we look critically and flashed back we will see dat since d creation of dis state no governor has affect d state as d present governor, before now d state capital was not having good roads and no serious developmental project by d pass governors, but since d inception of dis government d state generally has wear new look.to me governor al makura is d best governor so far in d state, so please let give him d maximum support for him to carry d sate to d promise land.

neena: My brother, I dey o!

moneybag100: Even though its true....I don't blame okorocha....so the Rev. Want #50m just for roofing a church? Wey he never finish roofing schools for Imo State..na Angel wan come dey worship for the church?. Haba!!!

PhockPhockMan: ***Sijuwade described Omisore as a humble person, recalling that he “stepped aside’’ for former Governors Bisi Akande and Olagunsoye Oyinlola when he prevailed on him.***


I love this statement.

continentalceo: You are a learner not to see that APC is a sinking sand

ChinoElects: I am yet to see a backward thinking people as these people!

caseless: How more can one b vindicated? This is what we call political 'doggedness' as put up by d apc.
Those lawmakers have shown themselves the exit door; the speaker must b impeached at all cost and that's one area of d picture almakura must not take lightly.
Make we capture osun first...na dere we go knw how to celebrate dz victory.
Whr is phockphockman, continentalceo? Almakura did not fall.

Oklander: Keep looking for Russians trouble and trying so hard to make them look bad at the same time...hypocrites!

Prowizy2: Who is Keshi?

lagdmark: Apart from blaming PDP and crying crying and crying always like a wounded dog, what other agenda and policies does APC have for Nigerians if elected.

careytommy: Might as well resurrect azikiwe to come and lead us again

HNosegbe: After saying "Now I know who wants to kill Buhari", he's now saying "My argument then is that the attack on Buhari is either coincidence or APC internal war".

My guy, you're confused.