President Muhammadu Buhari on Sunday congratulated the Golden Eaglets of Nigeria for a fantastic beginning in the group opening match of FIFA World Cup tagged Brazil 2019. The Punch reported that Nigeria Under-17 football team opened Brazil 2019 with a 4-2 win over Hungary, signaling their readiness to win the FIFA Championship for an unprecedented […]
Month: October 2019
Sex-for-grades: Police invite UNILAG lecturer Exposed by BBC
The Lagos state police command has invited Boniface Igbeneghu, a lecturer of European languages at the University of Lagos (UNILAG), over the sex-for-grades video, according to PUNCH. Igbeneghu, a pastor of Foursquare Gospel Church, was recorded by a hidden camera in a 13-minute video documentary released by the BBC Africa Eye on October 7. He […]
Sir Uwaifo Want’s govt take over of his music museum
Legendary highlife musician, Sir Victor Uwaifo, has called on government and corporate bodies to take over his private music museum to save it from total rot. Uwaifo made the call during a visit to his “Revelation Tourist Palazzo” Museum in Benin City on Friday by officials of National Council for Arts and Culture as part […]
Jeff Bezos drops as world’s richest man as Amazon stock tumbles
Amazon (AMZN) CEO Jeff Bezos will lose his status as the world’s richest man if the company’s weaker-than-expected profits dent its valuation. Shares in the e-commerce giant plunged as much as 9% in after-hours trading on Thursday after the company blamed the costs of its expanded one-day delivery service for its first year-over-year profit decline […]
U-17 World Cup: Minister Spurs Golden Eaglets to win record sixth title
The Minister of Youth and Sports Development, Sunday Dare, has charged Nigeria’s Golden Eaglets to display the Nigerian spirit and win the 2019 FIFA U-17 World Cup in Brazil for a record sixth time. The minister gave the charge on Friday in an interview with newsmen in Abuja. “I watched their final training here (in […]
Bank CEOs support NCC over USSD charges suspension
The body of Bank CEOs has commended the decision of the National Communications Commission to suspend the Unstructured Supplementary Service Data charges by telecommunication companies for accessing bank services. The body said about 20 million new customers had been brought into the Nigerian financial system through the USSD services. In a statement, the CEOs applauded […]
MTN Explains controversy over USSD charge
The African giant network provider, MTN has clarified the controversy surrounding the end-user billing for financial transactions through USSD channel. Following the suspension of the initiative by Nigerian Communications Commission (NCC), MTN Nigeria discloses its plans on the USSD controversy. According to a statement issued by the company, it is ready to engage with stakeholders […]
CBN stops firms, individuals from bonds purchase
The Central Bank of Nigeria (CBN) has barred individuals and local non-financial firms from buying high-yielding central bank bonds as it tries to boost the economy by steering lending more widely. The two types of investors are excluded from participating in auctions for open-market operations, which are short-term central bank securities. “We don’t want to […]
Oil declines, ending three-day rally as growth concerns return
Oil prices pulled back on Friday, retracing some of the gains of a three rally on Friday, as downbeat economic growth forecasts revived concerns over the outlook for fuel demand. Brent crude was down 18 cents, or 0.3%, at $61.49 by 0642 GMT. Having risen nearly 1% on Thursday, the global benchmark was still set […]
NNPC signs memorandum to work with Russia’s Lukoil
Nigeria’s state oil firm signed a memorandum of understanding with Russian oil company Lukoil for potential cooperation in oil production, trading and refining, Lukoil said on Thursday. Mele Kyari, head of the Nigerian National Petroleum Corporation (NNPC), signed the memorandum during a visit to the Russian city of Sochi during a Russia-Africa Summit. Reuters Pix: […]