August 12, 2019

Transporter returns ₦2.2bn mistakenly paid into his account

August 12, 2019 12:50 am

The Managing Director of Peace Mass Transit (PMT), Dr. Maduka Onyishi, says he has returned the sum of ₦2.2 billion, which was wrongly paid into his First Bank of Nigeria account.

The cheque was received on behalf of First Bank by the Business Manager, Commercial Banking, Mr. Kokelu Ben; and the Branch Manager, Unity Bank, Enugu Branch, Mrs. Ifeoma Eleanya.

Onyishi, who explained how he discovered the huge sum in his account, said he had requested $3 million from the Central Bank of Nigeria, through Unity Bank, only to be paid $10 million instead, which is about N3,219,500,000, representing an …

Muslim hajj pilgrims perform Satan stoning ritual

August 12, 2019 12:24 am

Almost 2.5 million Muslim pilgrims took part Sunday in the “stoning of the devil”, the last major ritual of the annual hajj pilgrimage and one that has in past years led to deadly stampedes.Carrying pebbles in the scorching heat, worshippers made their way across Mina Valley near Mecca in western Saudi Arabia to symbolically “humiliate” the devil.

Under the watchful eyes of security forces, waves of pilgrims clad in white threw seven stones each at a pillar symbolising Satan.

“It is hot, I drink a lot of water and I am still hidden under my umbrella,” said Jaker

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Sowore not dismissed as Lagos AAC disowns Nzenwa

August 12, 2019 12:22 am

The Lagos State Chapter of the African Alliance Congress (AAC) said on Sunday that it would not recognise Mr Leonard Nzenwa as the national chairman of the party.

The Publicity Secretary of the party in the state, Mr Elias Ozikpu, expressed the position in an interview with the News Agency of Nigeria (NAN) in Lagos.

He was reacting to the reported sacking of Mr Omoyele Sowore as National Chairman by a convention of the party on Aug. 9 in Owerri and the subsequent naming of Nzenwa as new chairman.

Sowore, also presidential candidate of the party in the 2019 elections …

How Jay-Z made his $1 billion fortune

August 12, 2019 12:04 am

Nine years ago, two unlikely lunch partners sat down at the Hollywood Diner in Omaha, Nebraska. One, Warren Buffett, was a regular there. The other, Jay-Z, was not. The billionaire and the rapper ordered strawberry malts and chatted amiably, continuing the conversation back at Buffett’s Berkshire Hathaway offices.

Buffett, then 80, walked away impressed with the artist 40 years his junior: “Jay is teaching in a lot bigger classroom than I’ll ever teach in. For a young person growing up, he’s the guy to learn from.”

Less than a decade later, it’s clear that Jay-Z has accumulated a fortune that …