August 2019

How Jay-Z made his $1billion fortune

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 …

Hong Kong: Families, elderly protest government inaction

Hong Kong: Families, elderly protest government inaction

August 11, 2019 8:39 am

Hundreds of people joined a family ‘Guard the Children’ march in Hong Kong calling for a stable future for the future generations of the city.

The protesters rallied on Sunday, defying a police ban on marches in the Chinese-controlled territory and continuing a restive weekend of demonstrations which saw police fire teargas overnight.

Anti-government protests took place in different locations across the Asian financial hub, including one at the city’s international airport for a third day.

Increasingly violent demonstration have plunged Hong Kong into its most serious political crisis for decades, posing a serious challenge to the central government in …

Ayobami Adebayo wins 2018 9mobile prize for literature

August 11, 2019 1:48 am

When the management of Emerging Markets Telecommunication Services Limited (EMTS) assured of fulfilling its obligations to 2018 finalists of the 9mobile Prize for Literature, many had wondered how soon it was going to be.

The shortlist of three books was released back in January 2018, and the winner expected to be revealed around March of that year, which made critical stakeholders to reach out to prize adjudicators on its status.

Organisers, last year, had stated: “We are just concluding the process of 9mobile ownership change hence the delay in the announcement of the 2018 winner. We are hopeful that …

Court grants Iwu ₦1billion bail, still in prison custody

Court grants Iwu ₦1billion bail, still in prison custody

August 10, 2019 1:11 am

Justice Chuka Obiozor of the Federal High court yesterday granted bail to ex-chairman of the Independent National Electoral Commission (INEC), Prof. Maurice Iwu to the tune of  ₦1billion with two sureties in like sum.

While delivering his ruling on the bail application, Justice Obiozor said: “Bail is hereby granted to the defendant to the tune of N1billion with two sureties in like sum.

“The first surety shall be resident in Lagos State and shall transmit his land use as evidence of ownership of property in Lagos State and furnish the court with evidence of payment of tax from three years …

500 Christians abducted, ₦300m ransom paid in Kaduna - CAN

500 Christians abducted, ₦300m ransom paid in Kaduna – CAN

August 10, 2019 12:26 am

Kaduna State chapter of the Christian Association of Nigeria (CAN) has said that the Church lost ₦300 million as a ransom for 500 kidnapped Christians in the state in the past two years.

It urged the Federal Government to immediately wade into the increasing level of kidnapping in the state.

The chairman, Rev. Joseph Hayab, warned against the activities of armed bandits and Fulani herdsmen in the state who have turned kidnapping and other acts of criminality to a business venture.

“We have been computing the number of Christians kidnapped in Kaduna State in the last two years. Over 500 …

Saudi Arabia to host Joshua vs Ruiz world heavyweight fight

Saudi Arabia to host Joshua vs Ruiz world heavyweight fight

August 10, 2019 12:01 am

Saudi Arabia will host the world heavyweight title rematch between Britain’s Anthony Joshua and champion Andy Ruiz Jr of the United States in December, a decision certain to spark controversy due to the Gulf kingdom’s human rights record.

The high-profile December 7 duel, dubbed ‘Clash on the Dunes’, will see Joshua trying to win back the IBF, WBA and WBO titles he sensationally lost to Ruiz in New York in June.

The bout will take place in Diriyah, which incorporates the UNESCO World Heritage site of Al-Turaif, on the outskirts of Riyadh — a dramatic contrast to the iconic Madison …

Boycott S'African businesses, Oshiomhole urges Nigerians

APC governors say party worse off under Adams Oshiomhole

August 9, 2019 1:36 am

The Progressive Governors Forum has criticised the National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole, for the party’s ‘diminishing fortunes’.

It’s Director-General, Salihu Lukman, in a letter entitled, “APC: Appeal for Reconciliation”, dated August 6, 2019, and addressed to the former labour leader, said things had allegedly gotten worse in the ruling party.

He said: “As a loyal party member, I have difficulty reconciling the absence of meetings of superior organs given all the challenges the party is going through, warranting the suspension of three serving governors (two of them now senators) and two members of …

Akintola Williams hits 100, soldiers on

Akintola Williams hits 100, still waxing strong

August 9, 2019 12:59 am

“As the whole world looks forward to his centenary next August, a grateful nation cannot wait to celebrate the accountant and statesman.”

This was exactly how The Guardian concluded a special tribute to the doyen of the accounting profession in Nigeria, Chief Akintola Williams when he marked his 99th birthday last year. Then, clocking 100 sounded too far. But today, the veteran accountant has finally joined the prestigious league of centenarians. Hurray! Akintola Williams is 100 years old today.

Today, his Ikoyi Lagos residence will be busy with friends and family members who will surely gather to celebrate the centenarian. …

FG warns South Africa against killing of Nigerians

FG warns South Africa against killing of Nigerians

August 8, 2019 10:05 am

The federal government has warned that the incessant and unjustifiable killing of Nigerians in South Africa will no longer be tolerated “as Nigerians are already running out of patience with the increasing scourge.”

The Chief Executive Officer of Nigerians in the Diaspora Commission, Hon. Abike Dabiri-Erewa, who handed down the warning in Abuja yesterday, stated that the xenophobic attacks had reached the tipping point.

Addressing journalists on the increasing attacks against Nigerians in the former apartheid enclave, Dabiri-Erewa stated, “we are reaching a tipping point where one more death of a Nigerian in South Africa will be unbearable to …

Nollywood actor Ik Ogbonna, wife divorced after 4 years

Nollywood actor Ik Ogbonna, wife divorced after 4 years

August 8, 2019 9:34 am

Nollywood actor, IK Ogbonna and his estranged wife, Sonia Morales, have finally ended their marriage just four years into their union.

Morales broke the news on her Instagram page, saying that the marriage has finally ended.

The couple got married in 2015 and together, they have a son, Ace.

Morales wrote: “Public announcement: I Sonia, am officially and fully out of marriage. My ex-husband and I have parted our ways for good and legally.

“This is a hard letter to write as I am pretty sure I will cry my way through this post. I know I should have …

Court grants Iwu ₦1billion bail, still in prison custody

Former INEC chairman Iwu pleads not guilty of ₦1.23bn fraud

August 8, 2019 9:22 am

The Economic and Financial Crimes Commission (EFCC) Thursday arraigned a former Chairman of the Independent National Electoral Commission (INEC), Maurice Iwu, for an alleged fraud of ₦1.23bn.

Iwu was arraigned on a four-count charge bordering on money laundering before a Federal High Court, Lagos State. He pleaded not guilty to the charges.

Read Also: INEC boss ignores tribunal as commission tenders documents

An EFCC source told The Guardian that Iwu is alleged to have aided the concealment of the sum of N1,203,000,000 between December 2014 and March 2015,

The source said monies were in the bank account of Bioresources Institute …

Court rejects bail application to free Sowore

Court grants DSS permission to detain Sowore for 45 days

August 8, 2019 9:04 am
A federal high court sitting in Abuja Thursday granted the Department of State Service (DSS) the permission to detain the convener of #RevolutionNow movement, Omoyele Sowore, for 45 days.

The judge, Justice Taiwo Taiwo, ruled that the detention order is renewable after the expiration of the first 45 days on September 21.

The DSS on Tuesday filed an ex-parte application to keep Sowore for 90 days to investigate him over his call for revolution through the #RevolutionNow protests which held in some parts of the country on Monday, August 5.

Sowore had said Nigeria needs revolution partly because the

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