Saturday, September 03, 2016

Cash Crunch Threatens Buhari’s ₦500bn Social Protection Scheme

The reduction in Federal Government’s revenue caused by the sharp drop in global oil price is currently threatening the full implementation of President Muhammadu Buhari’s planned social protection programme.

Friday, September 02, 2016

Schweinsteiger Named In Man Utd Squad

Bastian Schweinsteiger
Midfielder Bastian Schweinsteiger has been included in Manchester United's 25-man Premier League squad.

Serena Williams Proud To Equal Martina Navratilova's Record For Singles Wins

Williams moved level with Navratilova's 306 major tournament victories beating fellow American Vania King 6-3 6-3 in the second round at Flushing Meadows
Serena Williams reflected on a "cool milestone" after equalling Martina Navratilova's Open-era record for grand slam women's singles wins.

How US, Argentina, Others Got Out Of Recession

By Everest Amaefule, Abuja
The graph of life is never straight and steep as many human beings would prefer it to be. There are the straight parts, the curves and then the twists. Economies also behave in similar fashion. We call the growth period economic prosperity. When it contracts, we say there is recession.

Nigeria’s Unemployment Scourge — The Guardian Editorial

Minister of Labour and Employment, Chris Ngige
The level of unemployment in Nigeria today is too alarming and should immediately engage the attention of those in power before its dire consequences consume the country.

Thursday, September 01, 2016

2-IN-1 STORY: Drama As Workers Occupy Aero Contractors’ Office; Why Aero Suspended Scheduled Operations — NCAA

Copyright: ©Radim Kobližka
Aviation unions’ members have occupied the head office of Aero Contractors, Nigeria’s oldest airline, which announced indefinite suspension of scheduled operations.

Nigerian, Dr. Sunmolu Beckley, Honoured In Canada With Hospital, Street Naming

As a specialist, Dr. Sunmolu Beckley had many options available to him when he decided to move to Grand Bank from the United States in 1988.
A new street in Grand Bank – Beckley Place – has also been named for Dr. Sunmolu Beckley. Council members unveiled the sign during a special celebration. Photo: Paul Herridge

Gabon Cup Of Nations To Go Ahead Despite Riots — CAF

Gabon's national football team players take part in a training session at the stade de la paix in Bouake on June 3, 2016 on the eve of their 2017 African Cup of Nations football match between Côte d'Ivoire and Gabon ©Issouf Sanogo (AFP)
The African Cup of Nations continental football finals will go ahead as scheduled in Gabon despite the wave of riots following President Ali Bongo's re-election, African football authorities confirmed on Thursday.

Top Liberia Politician Steps Down Over Corruption Scandal

Liberia's parliamentary speaker Alex Tyler (C) leave the Justice Court on May 25, 2016 in Monrovia ©Zoom Dosso (AFP)
Liberia's parliamentary speaker stepped down on Thursday as police investigate allegations that he took a bribe worth US$75,000 to facilitate the passage of legislation favourable to a British mining firm.

Jackie Chan To Receive Honorary Oscar

Jackie Chan has appeared in more than 150 movies since becoming a child actor in his native Hong Kong in the 1960s ©Johannes Eisele (AFP)
Action movie star Jackie Chan is due to receive an honorary Oscar, the Academy said Thursday, to recognize a glittering career that has seen him become a cultural icon.

Didier Drogba Foundation: Charity Commission Probe 'Coming To A Close'

Drogba is currently playing for Major League Soccer side Montreal Impact
A report into the "serious regulatory concerns" surrounding a charity run by Didier Drogba is due to be released by the Charity Commission within a month.

Joseph Yobo Denies Kano Pillars Signing Reports

Last week reports circulated that Joseph Yobo had signed a deal with Kano Pillars to play for them till the end of the season in his role as NPFL ambassador.

Aviation Unions Besiege Aero Contractors Over Indefinite Leave Handed 1,400 Workers

Copyright: ©Radim Kobližka
Aviation unions on Thursday besieged the head office of Aero Contractors Airline at the Murtala Muhammed Airport (MMA), Lagos, a day after the embattled airline announced the suspension of flight operations and placed workers on an indefinite leave.

EPL: Transfer Deadline Day: Premier League Spending Reaches £1.165bn (SEE FULL GRAPHICS OF SPENDING ACROSS EU)

Above is a list of the “TOP FOUR” transfer/ fees during the 2016-17 summer transfer
Premier League clubs spent more than £155m on transfer deadline day as the summer window outlay reached a record £1.165bn.

CBN Readmits Suspended Banks To Forex Market

Central Bank of Nigeria, Abuja
The Central Bank of Nigeria on Wednesday said it had readmitted to the foreign exchange market banks that were suspended last week for non-remittance of US$2.12bn belonging to the Nigerian National Petroleum Corporation.

FOR THE RECORD: Nigerian Govt Renames Solid Minerals Ministry, Approves New Mining Roadmap

Minister of Mines and Steel Development, Dr Kayode Fayemi
The Federal Executive Council has approved a new roadmap for the growth and development of the nation’s mining sector and the renaming of the Federal Ministry of Solid Minerals.

NLC Vows To Resist Further Fuel Price Hike

NLC warning petroleum marketers not to contemplate any further increase in the pump price of the products, especially that of Premium Motor Spirit
Nigeria Labour Congress (NLC) has said it will resist any further increase in the pump price of fuel by the Federal Government, saying the nation is yet to recover from the impact of the recent increase of petroleum products implemented last year.

Five Big Arrivals In Chinese Football

Former Manchester City boss Manuel Pellegrini became the Chinese Super League's latest big-name foreign manager last week ©Geoff Caddick (AFP)
AFP Sports looks at five top arrivals at the cash-rich Chinese Super League this European summer:
Football: top arrivals in China

Wednesday, August 31, 2016

Brazil President Dilma Rousseff Impeached By Senate

Dilma Rousseff appeared in the Senate on Monday to defend herself and her record GETTY IMAGES
Brazil's Senate has voted to remove President Dilma Rousseff from office for manipulating the budget.

Côte d'Ivoire's Bony Joins Stoke City, Thanks Man City Fans; Bruno Martins Indi Joins As Philipp Wollscheid Exits

Wilfried Bony Photo: Bony on Twitter
First big signing by a Premier League club today as Côte d'Ivoire's Wilfried Bony joins Stoke City from Manchester City on loan for the season.

Burundian Aubergine Smugglers 'Shot Dead In Rwanda'

Aubergines farmers in have been hit by the trade ban
Two Burundian aubergine smugglers were shot dead last night on the Rwandan side of the border, Burundi’s police spokesman, Pierre Nkurikiye, has said.

26.06m Persons Are Unemployed Or Underemployed In Nigeria — Dr Kale

According to a new report by the National Bureau of Statistics shared by the Statistician General of the Federation, Yemi Kale on twitter, 26.06 million Nigerians, mostly youths, are currently unemployed or underemployed.

Floods Ravage States, Kill 28

Buildings submerged after a heavy downpour on Bale Road in Ajuwon area of Ogun State yesterday
At least 28 people have been killed as floods wreaked havoc across many states in Nigeria in the last few days.

Nigeria's Main Car Plant Idled As Dollar Crisis Bites

Inside Innoson Motor Manufacturing Plant Nnewi Nigeria - World's First Black-Owned Car Manufacturer
At a factory in southeast Nigeria, dozens of new white buses stand at the end of the production line, apparently ready to take on some of Africa's toughest roads.

Tension As Gabon Opposition Candidate 'Disputes Unofficial Results'

Jean Ping is the former head of the African Union commission.  Photo: Reuters
Ali Bongo is standing for a second term. Photo: Reuters
As voters in Gabon await presidential election results the main opposition challenger has demanded a recount, following unofficial reports of a victory for incumbent President Ali Bongo, Reuters news agency reports.

I Would Not Take Malaria Drug Lariam, Says UK Ex-Army Head

Lord Dannatt said his son Bertie had suffered mental health problems after taking two doses of Lariam before visiting Africa
A former head of the UK Army has admitted he would not take a controversial anti-malarial drug as he apologized to troops who took it while under his command.

Facebook Founder's Nigeria Visit Puts Tech Scene 'On The Map'

Facebook founder Mark Zuckerberg (middle) out jogging in Lagos. Image source: Tayo Oviosu on Twitter
A surprise visit to Nigeria by Facebook founder Mark Zuckerberg has been making a big impact on social media, with his name trending on Twitter across the country.

Benin Follows Trend Of Scrapping Visas For Africans

President Paul Kagame (L) welcoming Benin's President Patrice Talon 
Benin's President Patrice Talon announced on a visit to Rwanda this week that Africans visiting his country will no longer require visas.

US Open 2016: Serena Williams Eases Past Ekaterina Makarova In New York

Serena Williams won her first US Open singles title in 1999
Serena Williams showed no sign of the shoulder injury that disrupted her US Open preparation as she dismissed Ekaterina Makarova in straight sets.

Rivers: Tributes Pour In As CSOs Organize Procession For Slain Lawyer, Ken Atsuwete (SEE IYC STATEMENT)

Ken Atsuwete, deceased Image source: Daily Post
More personalities and groups have called on security agencies to ensure they arrest and prosecute those who killed human rights activist, Ken Atsuwete.

Nigerian In Recession With ‘Record’ Low Foreign Investment

Nigeria, Africa's top economy, has been battered by low oil prices hammering government revenues ©Pius Utomi Ekpei (AFP)
According to official figures, the US$647.1 million worth of capital imported into Nigeria in the second quarter represented a "fall of 75.73%" compared to 2015.
Nigeria’s economy nosedived into a recession official data revealed Wednesday with oil production hammered by militant attacks on pipelines and foreign investment at a “record” low.

₦2.2tr Oil Loans Upset Banks

Central Bank of Nigeria
Nigerian banks have become very stringent in funding oil and gas projects owing to a doubtful balance sheet position and inability of firms to service previous loans worth more than ₦2.2 trillion.

Nigeria, UK Sign MoU On Return Of Stolen Assets

Attorney-General of the Federation, Mr Abubakar Malami, signed on behalf of the federal government in Abuja yesterday
The Federal Government has signed a Memorandum of Understanding (MoU) with the British government on the modalities for the return of Nigeria’s stolen assets.

Tuesday, August 30, 2016

Open Letter To President Buhari By Cardinal Anthony Okogie (FULL TEXT)

Cardinal Anthony Okogie
Nigerians hunger, not only for food, but also for good leadership, for peace, security, and justice.
BY CARDINAL ANTHONY OKOGIE      
Dear Mr. President : Last year, when you assumed office, the chant of “Change,” your campaign slogan, ushered you into the Presidential Villa. Today, cries of “hunger” could be heard across the length and breadth of our vast country.  
Nigerians hunger, not only for food, but also for good leadership, for peace, security, and justice. This letter is to appeal to you to do something fast, and, if you are already doing something, to redouble your effort.

Flood Claims 16 In Bauchi, Niger Sates

Sixteen people have been killed by bouts of flood following heavy downpour in some communities Bauchi, Niger States.

Puerto Rico’s Olympic Gold Medalist Monica Puig Out In US Open 1st Round

Monica Puig, of Puerto Rico, serves to Zheng Saisai, of China,during the first round of the U.S. Open tennis tournament, Monday, Aug. 29, 2016, in New York. (AP Photo/Julio Cortez)
Sure, Monica Puig would have loved another week between the Olympics and the U.S. Open to "come down from the high" of becoming Puerto Rico's first gold medalist.

UPDATE: Armed Herdsmen To Face Terrorism Charge — Fayose

Ekiti State Governor, Ayodele Fayose
The Ekiti State Governor, Ayodele Fayose, has said any herdsman caught grazing in the state with arms or in possession of any weapon will be charged with terrorism and prosecuted accordingly.

No Plan To Probe Emir Of Kano, Soludo — Presidency

L-R: Former CBN governors, Emir of Kano, Muhammadu Sanusi II and Prof. Charles Soludo Image source: Daily Trust
The Presidency yesterday refuted social media reports that the tenures of Emir of Kano, Dr Muhammadu Sanusi and Prof. Charles Soludo, as Central Bank Governors, would soon be probed by the Federal Government.

Nigerians Are Hungry, Okogie Tells Buhari

PRESS CONFERENCE..(L-R) Archbishop Emeritus of the Catholic Archdiocese of Lagos His Eminence, Anthony Cardinal Okogie, with Director ,Social Communication Catholic Archdiocese of Lagos Very Rev Msgr Gabriel Osu at the Press Conference as part of Activities of 80th Birthday Celebration and 50th Priestly Ordination Anniversary of his Eminence held in Lagos on Tuesday31/5/2016 Photo Chinyere Ikeanyi
The Emeritus Archbishop of Lagos, Cardinal Anthony Okogie, has said President Muhammadu Buhari must do something fast to address hunger across the country.

Monday, August 29, 2016

Kerry’s Visit: Christian Groups Tackle CAN President

President Muhammadu Buhari and US Secretary of State John Kerry with their respective teams in group photo
Two Christians groups, the Concerned Christians and Northern Nigerian Christians, yesterday berated the President of the Christian Association of Nigeria (CAN), Rev. Ayo Supo Ayokunle over his comment on the recent of the US Secretary of State, John Kerry.

Dangote, Visits Maiduguri, Meets Ex-Wives Of Boko Haram Fighters

Billionaire businessman Aliko Dangote spent Sunday in Maiduguri, the Borno State capital, visiting several Internally Displaced Persons’ camp in the city.

Oil Falls Towards US$49 On High Output, Strong Dollar As Saudi Arabia Continues To Burn Through Foreign Reserves

Oil fell towards US$49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger U.S. dollar weighed on commodities.

Register For SIS, Ngige Urges Unemployed Nigerians

Minister of Labour and Employment, Dr Chris Ngige
Sen. Chris Ngige, the Minister of Labour and Employment has called on unemployed Nigerians to register at the online job portal of the Social Intervention Scheme of the Federal Government.

‘World Class’ Nickel Discovered In Nigeria, Govt. To Sign Exploration Deal With Australian Firm

Minister of Solid Minerals, Dr. Kayode Fayemi
A private mining syndicate has made a potentially “world class and highly unusual” Nickel discovery in Nigeria, The Australian (note story behind paywall, subscription access required), an Australian national newspaper is reporting.