Oluwarotimi Akeredolu of All Progressive Party, APC as emerge the keenly contested election in Ondo state. Announcing the result at INEC collation centre on Sunday, Abdulganiu Ambali VC Unilorin said APC pulled 244,842, while PDP had 150,380, AD score 126,889. Meanwhile resident of Owo and other APC supporter are jubilating across the State. While expressing…
The Odds Against Buhari’s $30 Billion Loan
Why Buhari Needs Help
News
Gambian President Gets New Title
The Gambia’s long-serving President Yahya Jammeh has had the title of Babili Mansa added to his name. The Mandika-language phrase can be translated as “chief bridge builder” or “conqueror of rivers.” A statement from the presidency said Jammeh should now be known as “His Excellency Sheikh Professor Alhaji Dr Yahya AJJ Jammeh Babili Mansa.” He…
Gbajabiamila Emerges Reps’ Majority Leader
The leadership crisis in the House of Representatives appears to have been solved, as Femi Gbajabiamila, the three-term member, representing Surulere Federal Constituency of Lagos, emerged the Majority Leader of the 8th House. Yakubu Dogara, the speaker of the house, announced his appointment as they resumed sitting earlier today, Tuesday, July 28. Other positions announced by the…
CBN, SEC, PTDF, NAFDAC, Others To Return N450bn
Top government agencies including the Central Bank of Nigeria, CBN, Petroleum Technology Development Fund, PTDF, National Agency for Food and Drug Administration and Control, NAFDAC, are to refund about N450 billion to the Federal Government. Others are the Nigerian Television Authority, NTA, and the Securities and Exchange Commission, SEC, among others. To this end the …
Senate Opposes Sale Of National Assets
The Senate this morning votes against the controversial sale of national assets when it rejected an item on the report of a committee on the issue. A post on the Senate Twitter handle quotes Ali Ndume, the Senate leader of saying “The Senate oppose the sale of National Assets to shore up Foreign Reserves.” Since…
Iran Reaches Deal With World Powers
The 20 months’ talks of twists and turns between Iran and world powers—the United States, United Kingdom, Russia, China and Germany—has ended with a deal by the negotiators. The new agreement would help to stop or slow down Iran’s sensitive nuclear activities to ensure that it cannot build a nuclear weapon. It would also give…
Business
The Odds Against Buhari’s $30 Billion Loan
President Muhammadu Buhari’s quest to secure about N9.12 trillion foreign loans, required by his administration for infrastructural development, to get the country out of recession may surfer a setback due to political rivalry and failure of the government to gain the confidence of the people The feeling within the Presidential Villa last week was…
Fidelity Bank Launches NIBSS mCash Product
As part of the renewed efforts to further drive the financial inclusion mandates of the Central Bank of Nigeria, CBN, Fidelity Bank Plc has gone live on the Nigerian Inter-Bank Settlement System, NIBSS mCash product which will allow it’s registered merchants to receive payments from customers using their phones. Launched in collaboration with the NIBSS,…
FG Unfolds Plans For $29.960bn Foreign Loan
The Federal Government has given details of its plans to take a $29.960 billion foreign loans designed to address infrastructure deficit in the country. Festus Akanbi, Special Assistant on Media to the Minister of Finance, Kemi Adeosun, said in a statement issued in Abuja that the borrowing is a three-year-plan covering proposed projects for 2016…
War Of The Bitters
There seems to be no respite yet for Nigerian manufacturers, especially brewers of herbal drinks whose trade has come under attack by imitators. That is why, when recently, Paul Orhii, director-general, National Agency for Food and Drugs Administration and Control, NAFDAC, alerted the nation that the agency would soon clamp down on unregistered herbal drinks,…
Ukraine: Fighting Continues Despite Truce
Fierce fighting has continued between government troops and pro-Russian rebels in east Ukraine, despite renewed diplomatic efforts to enforce a truce. Ukraine officials said six government soldiers were killed in the past 24 hours and army positions were fired on 26 times near the rebel stronghold of Donetsk. The rebels said one of their fighters…
‘Men Get Intimidated When They See Me’- Adeola
‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,…
‘Men Get Intimidated When They See Me’- Adeola
‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,…
EnTELLtainment
How Lady Gaga’s Fiancé bought her $295,000 Shoes
Could buying shoes worth of $295,000 for your fiancée be a declaration of love? Well it might be as Lady Gaga, an American singer, is the lucky new owner of all three pairs of Alexander McQueen Armadillo boots that were up for auction at Christie’s New York. On Friday, July 24, Footwear News, FN, reported…
WriteHouse, Patabah Books To Host Popular Nigerian Authors
WriteHouse Publishing House in collaboration with Patabah Books Limited, a Lagos bookstore is set to host top Nigerian authors, Olubunmi Familoni and Dami Ajayi, on Sunday, March 22, 2015. The event, which will take place at the Adeniran Ogunsanya Shopping Mall, Surulere Lagos by 3pm, will be an interactive discussion that is centred on the…
Sport
Former FIFA President Dies
Joao Havelange, former FIFA president has died in his hometown of Rio de Janeiro, Brazil at the age of 100. The centenarian served as FIFA president from 1974-1998. According to a statement from the Samaritano Hospital, Havelange, who was suffering from a respiratory infection, died early Tuesday morning. In 2009, Havelange backed Rio’s Olympic bid…
HealthXtra
Africa’s One Health Strategy
For a continent much maligned for its tardiness in responding to emergency situations, African leaders, it seems, are working to do away with that reputation. And the motivation for this might be no other than Ebola, the deadly disease that recently claimed thousands of lives on the continent, from Liberia to Sierra Leone, Guinea, and…
Technology
NCC FINE: MTN Backs Down On Trial
The management of MTN, Nigeria’s largest mobile telephone company may have reviewed its decision to contest the penalty imposed on it by the National Communication Commission, NCC, the regulator in the industry. Wole Olanipekun, senior advocate of Nigeria, SAN leading 10 other SANs for the telephone company told the Federal High Court, Ikoyi, Lagos this…