Tuesday, 1 March 2016

FIFA Honors Vincent Enyeama

Lille Metropole’s Nigerian goalkeeper Vincent Enyeama has been honoured by  World football governing body, FIFA, today  for his outstanding performance with the French club.‎ Enyeama shared a photo of himself holding the trophy and wrote;

“This is how goodness and mercy will follow you all this month of March. First day of the month, FIFA got me a trophy for hardwork, dedication, success,” he wrote under a photograph of himself with a plaque. “Thank you @FIFA. I want to wish everyone reading this message a wonderful month of March. God did it for me. God will do it for us.”


Monday, 29 February 2016

New Study Shows Zika Virus Might Cause Guillain-Barre Syndrome


According to a recent BBC report, a new New research that gives the first evidence that Zika virus might cause a severe neurological disorder called Guillain-Barré syndrome.
The study was carried out using blood samples from 42 patients who became ill in a previous outbreak.

Tuesday, 8 September 2015

Afriinvest Set to Launch 2015 Nigerian Banking Sector Report on October 6, 2015


Leading wealth advisory firm, Afrinvest (West Africa) Limited, is set to unveil the 2015 edition of its annual ‘Nigerian Banking Sector Report’. This year’s event coincides with the 20th Anniversary Celebration of the firm.

In a statement released by the company, Managing Director, Ike Chioke, said, “We are pleased to announce that the 2015 Nigerian Banking Sector Report is set for launch on October 6, at the prestigious Oriental Hotel, Victoria Island, Lagos. The report is titled “Looking Ahead: Nigerian Banking in the Next Decade.”

Ike Chioke

Thursday, 13 August 2015

PDP: Ambushed by Sabotage - by Dr. Amanze Obi


WE are told that a steering committee set up by the Peoples Democratic Party (PDP) is working on an agenda called “Restart PDP Project”. The com­mittee, we are also told, has identified a number of factors that led to the party’s loss of the control of the central government at the 2015 general elec­tions. Some of the identified challenges include imposition of candidates, lack of internal democ­racy, seizure and manipulation of party structures by state governors, and poor reward system, among others.

China Explosion: Death Toll Hits 44 (Watch Video)


At least 44 people have been confirmed dead, and more than 500 injured, following two major explosions in China's northern port city of Tianjin.

Twelve firefighters are among those who lost their lives; 36 are still missing.

Wednesday, 12 August 2015

3 Dead, 4 Injured in Helicopter Crash Near Third Mainland Bridge, Lagos


Helicopter belonging to Bristow Helicopters with 12 people on board crashed into the Lagoon near the Oworonshoki end of the Third Mainland Bridge in Lagos this aftrnoon.

According to an eyewitness,  the aircraft marked 5NBGD was said to be coming from one of the oil rigs in Escravos area of the Niger Delta and was said to be heading for Lagos Island when it went down around 3.p.m. Traffic stalled during the fire on Third Mainland Bridge. 

Mahamat Daoud is Boko Haram's New Leader - Chad's President


The Islamist militant group Boko Haram based in Nigeria has a new leader, Chad's President Idriss Deby confirms.

Idriss Deby did not say what had happened to Abubakar Shekau, but said he had been replaced by Mahamat Daoud - who has not been heard of before.

Tuesday, 11 August 2015

Nigerian International Debt Fund to Pay N20million Interim Coupon


Afrinvest Asset Management Limited, Manager of the Nigerian International Debt Fund (NIDF), is set to pay the sum of N20, 761,656.59 as interim coupon to be distributed amongst note holders on the register of the Fund as at June 30, 2015. This amounts to N38.21 per note.

Commercial Banks in Nigeria Reduce Withdrawal Limits on ATMs


The fight to further defend the Naira value has taken a new dimension as  domestic and foreign transactions have been restructured to limit Naira cash withdrawal at ATMs to N60,000 per day while foreign currency is $300 per day. Hitherto, the domestic withdrawal limit was N150,000 per day.

Monday, 10 August 2015

Port-Harcourt Refining Company Set for Production of Petrol...To Reduce Import by 40%


The New Port Harcourt Refining Company, PHRC 2, is set for the production of more premium motor spirit, PMS, popularly called petrol, and will reduce fuel import by 40 per cent when fully operational.

When the FCCUs are re-streamed, the refinery will be working at 95 per cent of its 150,000 barrels per day capacity, it is expected that petrol importation will reduce.

We will Investigate Purchase of Military Weapons under the past Government - Presidency


The presidency said President Muhammadu Buhari would launch a thorough investigation into the awards of contracts for the supply of military weapons in the recent past.

Federal Inland Revenue Service (FIRS) Hints Plan to Increase VAT from 5% to 10%


The Federal Inland Revenue Service (FIRS) has unveiled its plan to increase the value added tax from the 5 per cent currently to 10 per cent.

According to the Acting chairman of the FIRS,  Mr. Sunday  Ogungbesan who disclosed this during an interactive session with journalists in Lagos at the weekend aslo added that the agency may soon clamp down on recalcitrant companies.

WAEC Announces SSCE , Withholds 118,101 Results



The West African Examinations Council has released the May/June 2015 Senior School Certificate Examination results, withholding 118,101 candidates’ results out of the 1.5 million students that sat the examination.

WAEC Head of National Office, Mr. Charles Eguridu, announced this in Lagos at a press conference on Monday.

Ghana Steps Ahead of Nigeria in Yam Exportation


Report has it that Ghana has overtaken Nigeria in yam exportation as the quality of the produce from Nigeria has dropped due to high dependent on traditional planting system.

This was made known by  the International Institute of Tropical Agriculture over the weekend.

President Muhammed Buhari to Head Ministry of Petroleum for 18 months


The present government is bent on ensuring that the petroleum sector would be managed by a reputable and an incorruptible individual. It is on this objective that  President Muhammadu Buhari is has decided  to head the Ministry of Petroleum for 18 months before appointing a substantive minister for the ministry.

The President said this while meeting with some members of his political party, the All Progressives Congress, in Abuja recently.

Sunday, 9 August 2015

Massive Child Abuse Scandal Unveiled in Pakistan.......7 Men Arrested


The government of Punjab state on Sunday ordered a judicial investigation into the scandal that came to light last week after discovery of about 400 video recordings of more than 280 children being forced to have sex. The government referred to it as the largest -ever child abuse scandal in the South Asian country's history.

Buhari Directs MDA's to Open and Remit all Revenues in a Single Account



President Muhammadu Buhari has instructed Federal Government Ministries, Departments and Agencies (MDAs) to open and start paying into a Treasury Single Account (TSA) for all government revenues, incomes and other receipts.

According to the directive, the measure is specifically to promote transparency and facilitate compliance with sections 80 and 162 of the 1999 Constitution.

Friday, 7 August 2015

Quote of the Week


We pick the quote for this week from Mr. Incredible...M.I. He dropped the lines below on his facebook wall to encourage people out there feeling dejected or neglected due to one shortcoming or the other surrounding them.....

Bangladeshi Blogger Niloy Neel, Hacked to Death by Armed Gang


A Bangladeshi blogger known for his atheist views has been hacked to death by a gang armed with machetes in the capital Dhaka, police say.

According to BBC World Sevice, Niloy Neel was attacked at his home in the city's Goran area. He is the fourth secularist blogger to have been killed this year by suspected Islamist militants in Bangladesh.

Thursday, 6 August 2015