Senator apologises for assault as Nigerians protest at NASS
July 4, 2019
12:41 am
July 2019
Nigerian, French producers to work on new movie projects
July 4, 2019
12:16 am
Twelve Nigerian film projects have been presented to French filmmakers at the maiden edition of the French- Nigeria Cinema Days for co-production deals.
News Agency of Nigeria (NAN) reports that the films written, and to be directed by Nigerian filmmakers, were announced on Wednesday at the event holding from July 2-3 at the Alliance Francaise in Lagos State.
Mr Yoann Talhouarne, Regional Audiovisual Attaché, Embassy of France in Nigeria, while making the announcement, said that over 50 Nigerian film proposals were submitted, from where the 12 were selected.
After the announcement, the Directors of the proposed films then have a …
Court to hear demolition suit against UNILAG on Sept. 30
July 4, 2019
12:07 am
Federal High Court in Lagos has fixed September 30, for hearing in a suit against the University of Lagos, (UNILAG) and two others, over the alleged wrongful seizure of property and rights’ infringement.
The applicant in the suit before Justice Mohammed Liman, is Mr Emmanuel Ofoegbu, a Lagos-based lawyer.
Joined as respondents are; Dr Yemi Oke, UNILAG, and one Mr Oluwafemi Adetiba.
The applicant filed the suit through his counsel Ogedi Ogu, claiming the sum of N50 million against respondents, as compensation for alleged forceful seizure of property of his law office at 366, Murtala Mohammed Way, Yaba.
The applicant …
Fidelity Bank collaborates with PwC to offer SME funding
July 4, 2019
12:02 am
Fidelity Bank Plc is collaborating with PricewaterhouseCoopers (PwC) to provide funding for Small and Medium Enterprises (SMEs) operating in Nigeria.
Mr Nnamdi Okonkwo, Managing Director, Fidelity Bank, said in Lagos on Wednesday that the bank came up with the initiative tagged, ‘SME Funding Connect,’ to deepen funding, which remained the biggest headache of SMEs.
Okonkwo who was represented by Executive Director, Lagos & South West, Mrs Nneka Onyeali-Ikpe, said the initiative was aimed at providing funding for SMES through the bank’s funding partners, venture capital and Angel investor, among others.
“Fidelity Bank is SME-friendly and we deemed it necessary to …
NNPC pays $833.57m cash-call arrears to Mobil
July 4, 2019
12:00 am
The Nigerian National Petroleum Corporation (NNPC) says it has fully settled the total amount owed to Mobil Producing Nigeria (MPN) with a payment of 833.57 million dollars cash call arreas.
The corporation disclosed this in a statement signed by its spokesman Mr NDU Ughamadu, in Abuja on Wednesday.
He said that the corporation was able to achieve this barely two years after it signed a Cash-call Repayment Agreement with its Joint Venture partners to defray cash-call arrears within a period of five years.
According to him, the Group Managing Director of NNPC, Dr Maikanti Baru disclosed this at a commemorative …
Boeing to help families affected by crashes with $100m
July 3, 2019
12:33 pm
Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company’s 737 MAX planes in Indonesia and Ethiopia.
The multiyear payout is independent of lawsuits filed by families of the 346 people killed in the two crashes, which happened in October 2018 and March of this year, a Boeing spokesman said.
The funds will support education, hardship and living expenses for affected families, community programs, and economic development in impacted communities, Boeing said in a statement. The U.S. planemaker said it will partner with local governments and non-profit
Nigerian government suspends RUGA
July 3, 2019
12:14 pm
The federal government on Wednesday suspended the controversial Rural Grazing Area settlements for herdsmen across the nation.
Governor Dave Umahi of Ebonyi State revealed this at the presidential villa in Abuja on Wednesday after a meeting with Vice President Yemi Osinbajo.
The governor said the reason the planned Ruga was suspended because it was not consistent with the National Livestock Transformation Plan.
He noted that the NLTP approved by the National Economic Council and the Federal Government is a voluntary programme to all the 36 states who like to participate.
“It is not compulsory, it is for any state that …
Anambra man creates App to checkmate Internet fraud
July 3, 2019
11:55 am
Worried by rising cases of fraudulent transaction on the Internet, a former medical student, Mr Chinonso Okoye from Anambra State has designed an internet application known as ‘The Middle’.
Okoye, a software developer, said his decision to build the application was informed by series of complaints by those making purchases on the internet without their goods being delivered.
Addressing newsmen on Tuesday in Awka, Okoye said he was once a medical student of University of Calabar, Cross River State before abandoning the programme to pursue a career in the Information Communication Technology (ICT).
He described online shops as the easiest …
Lagarde resigns from IMF, moves to European Central Bank
July 3, 2019
12:23 am
International Monetary Fund (IMF) Managing Director Ms. Christine Lagarde yesterday resigned from the Fund to head European Central Bank.
In a statement, she said: “I am honored to have been nominated for the Presidency of the European Central Bank. In light of this, and in consultation with the Ethics Committee of the IMF Executive Board, I have decided to temporarily relinquish my responsibilities as Managing Director of the IMF during the nomination period.”
Read Also: IMF congratulates Emefiele on reappointment as CBN Governor
The European Council officially nominated her for the position. She would succeed by Mario Draghi.
Ms. Lagarde, …
Wole Soyinka: Ruga can set Nigeria on fire
July 3, 2019
12:18 am
Nobel laureate Prof Wole Soyinka yesterday joined the raging cattle settlements dispute, describing the policy as a keg of gunpowder.
The planned Ruga (settlements) is the Federal Government’s antidote to the bloody herders/farmers clashes, which have taken many lives, setting Nigeria on edge.
Even before its execution, the policy has sparked a huge row, with some states, including those that are not earmarked for the project, rejecting it.
The Rivers State Government, the local chapter of the Peoples Democratic Party (PDP) in Plateau State and the Berom community yesterday joined the rising rank of those rejecting the policy.
The Plateau …
Unfathomable Mercy: A full length TV drama series 26
July 3, 2019
12:03 am
(All Rights Reserved)
78. EXT. MR. KADIRI’S RES. DAY
MR and MRS. KADIRI return from CHURCH and alighting from their VEHICLE as they see COLLINS passionately holding PRISCA by the WAIST; both of them about entering the FORMER’S CAR. He exchanges greetings with the LAND-LORD and his WIFE.
COLLINS
I’m going to give you a treat today, you know why?
PRISCA
No! You tell me.
COLLINS
Because you actually ravished my soul last night with pleasure.
PRISCA
Really!
COLLINS
Sure baby… Good day, Mr. and Mrs. Kadiri.
MR AND MRS. KADIRI
Good day.
He finally enters …
Nigeria’s economy hits $8.5b in Q1, says NBS
July 3, 2019
12:01 am
Going by the capital importation report released for the first quarter of the year by the National Bureau of Statistics (NBS), $8.5 billion came into the economy between January and March.
The report released yesterday showed that the first quarter figure represents 216.03 per cent increase when compared with data for the fourth quarter of last year and 34.61 per cent rise when compared to the first quarter 2018 figure.
“The total value of capital importation into Nigeria stood at $8,485 million in the first quarter of 2019. This represents an increase of 216.03 per cent compared to fourth quarter …
TRENDING
Breaking
