January 16, 2021

US-Based Nigerian Billionaire To Invest N3bn In Fidelity Bank

US-Based Nigerian Billionaire To Invest ₦3bn In Fidelity Bank

January 16, 2021 5:26 pm

A US-based Nigerian billionaire – Dr. Oluleye Adigun, has revealed ongoing efforts to invest three billion naira ($6.8million) in Fidelity Bank through shares acquisition.

Adigun told the News Agency of Nigeria (NAN) in a telephone interview, on Wednesday, that the acquisition was part of his planned investment in the Nigerian economy, adding that the process of buying Fidelity bank was almost done, attributing the little delay to the COVID-19 pandemic.

‘The Fidelity bank purchase is almost done.

‘COVID-19 delayed the process a little due to everything closing down, but the process just picked up again.

‘I was told I have …

Tunisia Set To Lose Stolen Millions In Swiss Banks

January 16, 2021 4:25 pm

Tunisia could potentially lose millions of dollars stashed in Switzerland by the family of ousted dictator Zine El Abidine Ben Ali, a senior official said Saturday.

The funds are currently frozen by Swiss authorities but a deadline to claw back funds ends midnight on Tuesday and restrictions then cease, a presidential official told AFP on condition of anonymity.

Swiss authorities imposed a 10-year freeze on the assets of Ben Ali and his clan amid a corruption probe on January 19, 2011, five days after the toppled leader fled to Saudi Arabia, where he later died.

Read Also: Coronavirus: IMF Approves …

Stop Politicizing Security Issues – APC To Nigerians

January 16, 2021 4:06 pm

The All Progressives Congress (APC) has advised Nigerians to stop politicising the issues of security and efforts of security services, particularly the Armed Forces, to keep Nigeria safe.

The party gave the advice in a statement signed by Sen. John Akpanudoedehe, on Friday in Abuja, while celebrating with the military officers on the Armed Forces Remembrance Day.

The statement read; ‘We must collectively shun the practice of politicizing issues of security and the efforts of our security services, particularly the Armed Forces to keep the country safe. “We should rather support …

Golden Eaglets Qualify For WAFU Final, U17 AFCON

January 16, 2021 3:25 pm

Five-time world champions, Nigerian Golden Eaglets, have zoomed into the final of the WAFU U17 Cup Tournament in Lome, Togo on Friday, following a 1-0 win over Group A winners Burkina Faso at the Stade Kegue.

The victory means the Golden Eaglets are now not only eligible to battle for the tournament’s diadem on Wednesday but have also joined the teams that have qualified for the 2021 U17 Africa Cup of Nations holding in Morocco 13th – 31st March.

Michael Emmanuel Papo gave Nigeria, who also won the …

Nigeria To Build Six New Correctional Centers

January 16, 2021 2:47 pm

The Federal Government on Saturday said it plans to build six modern custodial facilities in the six geo-political zones in the country in the months ahead.

The Minister of Interior, Rauf Aregbesola, stated this while inspecting the ongoing Model Maximum Security Custodial facility project, Janguza, Kumbotso Local Government Area of Kano State.

Mr. Aregbesola said the project was part of programs initiated by President Muhammadu Buhari to reform the correctional service.

He said: ‘We are actualizing our commitment to reform Correctional Service that we have in Nigeria.

‘What we have here …

774,000 Jobs Would Address Youth Unemployment Rate — Malami

January 16, 2021 2:03 pm

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, (SAN) has said that the extended Federal Government Special Public Works Programme of 774,00 jobs opportunities to Nigerians was part of deliberate efforts and conscious strategies to address the ballooning population of unemployed youths and rising insecurity in some parts of the country.

The Minister stated this on Saturday in Birnin-Kebbi during the flag off of the programme, noted that the employment opportunities as part of strategies adopted to fast-track the achievement of the Economic Recovery and Growth Plan (2017-2020).

Read Also: National Assembly Can’t Summon …

Biden Unveils New Stimulus Plan Including $1,400 Checks

January 16, 2021 8:29 am

President-elect Joe Biden unveiled a proposed stimulus package in light of the ongoing novel coronavirus (COVID-19) pandemic on Thursday.

The $1.9 trillion proposal aims to combat the economic downturn brought on by the virus and would include $350 billion in state and local aid, $1,400 direct payments to Americans, expanded unemployment benefits and institute a higher federal minimum wage.

Read Also: Good News For Americans, Stimulus Check 2 Could Be Bigger

In a speech delivered Thursday in which Biden outlined his American Rescue Plan, the president-elect signaled optimism that it would ultimately pass after he takes office.

‘I’m convinced we

…

Laschet Replaces Merkel As Leader Of Germany’s CDU

January 16, 2021 8:24 am

Angela Merkel was replaced on Saturday by Armin Laschet as chairman of Germany’s Christian Democrats (CDU).

Laschet, the premier of the western state of North Rhine-Westphalia won a runoff vote against Friedrich Merz.

He secured 521 votes against Merz’s 466, putting him on course to run as the party’s candidate for chancellor in federal elections in September.

Ballots were cast by 1,001 party delegates.

Merkel, Europe’s predominant politician and a consistent winner with German voters since taking office in 2005, has said she will not run for chancellor again.

‘I want to do everything so that we can stick together

…

Trump To Vacate White House Hours To Biden Swearing-In

January 16, 2021 8:22 am

President Donald Trump will leave Washington DC on Wednesday morning before President-elect Joe Biden is sworn in, according to Washington Post.

The newspaper quoted a senior administration official to have revealed the outgoing President’s plan.

Trump had previously announced he would not be at the inauguration of his successor at the U.S. Capitol.

Read Also: Trump Is Not Above The Law – Biden Issues Strong Warning

Trump not being at Biden’s swearing-in shatters a long lasting tradition in the US.

Biden had described the Trump administration as a ‘dismal failure’ while seeking to keep a focus on combating the coronavirus.…

Remembrance Day: FFK Mocks Buhari As Pigeons Refuse To Fly

January 16, 2021 8:20 am

Femi Fani-Kayode, former Aviation Minister, has mocked President Muhammadu Buhari over an incident with pigeons during the Armed Forces Remembrance Day ceremony on Friday.

As a sign of peace, the president usually releases some white pigeons from a cage and immediately they fly away.

But, this year, the birds refused flying on Friday with most of them sticking to the cage.

The incident was greeted with mixed reactions with many Nigerians, attributing the birds’ behaviour to bad luck and the absence of peace and unity in the country.

Read Also: President Buhari Makes New Appointments, Renews Others

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January 16, 2021

US-Based Nigerian Billionaire To Invest ₦3bn In Fidelity Bank

Tunisia Set To Lose Stolen Millions In Swiss Banks

Stop Politicizing Security Issues – APC To Nigerians

Golden Eaglets Qualify For WAFU Final, U17 AFCON

Nigeria To Build Six New Correctional Centers

774,000 Jobs Would Address Youth Unemployment Rate — Malami

Biden Unveils New Stimulus Plan Including $1,400 Checks

Laschet Replaces Merkel As Leader Of Germany’s CDU

Trump To Vacate White House Hours To Biden Swearing-In

Remembrance Day: FFK Mocks Buhari As Pigeons Refuse To Fly

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January 16, 2021

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