Wednesday, September 10, 2014

GRAPHITTI NEWS BRIEFS — 12 National & International Highlights To Know For Tuesday, September 9, 2014

GRAPHITTI NEWS collates national and international highlights from late-breaking news, up-coming events and the stories that will be talked about Wednesday:

European Commission President elect Jean-Claude Juncker gestures as he addresses the media on the attribution of portfolios to the Commissioners-designate at the European Commission headquarters in Brussels on Wednesday, Sept. 10, 2014. (AP Photo/Geert Vanden Wijngaert)


1. AMCON SHORTLISTS SEVEN POTENTIAL BUYERS FOR MAINSTREET BANK

The advisers of the Assets Management Corporation of Nigeria have reduced the 23 investors lining up to buy Mainstreet Bank to just seven, with the bad assets manager hoping to name the successful buyer on October 31.

The successful buyer of Enterprise Bank, one of the three nationalized banks created after the 2009 banking crisis from the defunct Afribank, Bank PHB and Spring Bank, will also emerge next week after a year-long rigorous sale process.

The three nationalized banks created from the failed banks are Enterprise Bank, Mainstreet Bank and Keystone Bank.

The Managing Director, AMCON, Mr. Mustafa Chike-Obi, told our correspondent during an exclusive interview in Lagos on Tuesday, “The process always starts with a lot of prospective buyers and AMCON-appointed advisers always do some interactions with them and we narrow it down based on a number of objective criteria.

2. JAMB BEGINS SALE OF 2015 UTME FORMS SEPT 15

The Joint Admissions and Matriculation Board (JAMB) has announced the commencement of the sale of 2015 application forms from 15th September and it is expected to usher in the implementation of full-blown Computer Based Test (CBT) in the 2015 Universal Tertiary Matriculation Examination (UTME).

A press release signed by the registrar of JAMB, Professor Dibu Ojerinde said candidates are expected to start purchasing their forms from Monday, September 15 to Thursday, January 15, 2015.

Professor Ojerinde, who assured candidates that the board has fine-tuned arrangements with computer based test (CBT) centres to register prospective UTME candidates, prayed for a registration error and stress free exercise for candidates.

The JAMB boss recalled the discovery by the board of cases of impersonation and other malpractices usually recorded during the registration process by cyber cafes and assured that the agency has decided to regulate the registration centres to ensure that the system is malpractice free.

Candidates are to obtain their application forms at designated banks after which they are to proceed to any approved CBT centres and register for the examination at a regulated fee. There are about 300 centres all over the country and staff of the centres have been trained for this purpose.

3. APPLE ARE ENGAGING IN MODERN-DAY 'SLAVERY' SAY EXPERTS, AS HOOKED USERS CLAMOUR FOR £789 iPHONE 6 PLUS 'BECAUSE OF NECESSITY, NOT DESIRE'

An expert claims Apple’s strategy of rolling out handsets that are slightly better than the last, is a type of ‘modern day slavery,’ designed to keep iPhone users hooked - despite the increasing handset costs. Prices for the iPhone 6 handset start at £539 in the UK, and US$199 on a two-year contract in the US. The comments come as a US network operator announced an ‘iPhone for Life’ plan that will offer customers a guaranteed iPhone upgrade every two years - and could be a much more cost-effective option.
James Hart, Strategy Director at global media agency Carat, claims Apple’s strategy of rolling out handsets that are slightly better than the last, is a type of ‘modern day slavery,’ designed to keep iPhone users hooked - despite the increasing handset costs. He claims their desire for devices now comes out of 'habit and necessity'
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