UEFA League: Barca eye yet another famous comeback

    Little over a month after producing the greatest comeback in Champions League history, Barcelona need another special turnaround as they face Juventus in the second leg of their quarter-final on Wednesday. Luis Enrique’s side were taken apart in the first leg in Turin, losing 3-0 to a Juve team inspired by Paulo Dybala, who scored twice. In the last 16 they became the first team ever to overturn a 4-0 deficit when they beat Paris Saint-Germain 6-1 in the return at the Camp Nou, so fans are hoping…

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Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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Is Arik slipping into oblivion?

Government is at a crossroads on what to do with Arik Air, having injected N1.5 billion since it took over the carrier. It’s time to take far reaching decision on the airline’s future, writes WOLE SHADARE   Arik on life support For those who don’t know, Arik Air is currently dying a slow death and here are some of the signs. The airline has just five aircraft from the over 29 it acquired when it made a debut 10 years ago. It purportedly came with a difference with state-of-the-art aircraft,…

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Amaechi demands N750m, N500m from Fayose, Fani-Kayode

The Minister of Transportation, Mr. Rotimi Amaechi, has threatened to sue the Ekiti State Governor, Ayo Fayose, and a former Minister of Aviation, Chief Femi Fani-Kayode, if they did not retract the allegation that the $43 million recovered by the Economic and Financial Crimes Commission (EFCC) in Ikoyi last week belonged to him within seven days. Amaechi is also demanding the sum of N750 million from Fayose and N500 million from Fani- Kayode as compensation for the malicious and defamatory claim. Fayose had, through his spokesman, Lere Olayinka, on his…

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Ighalo hits brace, out for four weeks

Olanrewaju, Odemwingie also on targeting   It was a tough day for Super Eagles striker, Odion Ighalo, as he was rushed to the hospital after sustaining injury in his club, Changchun Yatai’s 3-2 defeat against Shanghai Shenhua in the Chinese Super League. Ighalo scored a brace in the game before he was forced off with an injury in the 73rd minute after receiving a kick to the left ankle joint. Ighalo is thought to have suffered a recurrence of an old injury following a harsh tackle by an opponent. He…

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