From his sprawling 4000 plus acres ranch in Wyoming, Kanye West serves the video for “Closed On Sunday”, the second video from ‘Jesus is King” album. The music video opens alongside Kim Kardashian and their kids North, Saint, Chicago, and Psalm, sitting in the cleft of a rock. Kourtney and Kris are not also left[...]
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Hundreds of Amazon workers in Germany walked off the job as the US online retailer kicked off its “Black Friday” sales bonanza, escalating a long-simmering battle for better pay and working conditions. The strike called by the powerful Verdi union is set to last until Tuesday morning and will also cover “Cyber Monday”, another extravaganza[...]
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Participants at the Policy Dialogue of African Business Associations on Implementing the African Continental Free Trade Area (AfCFTA) on Thursday called for the establishment of an African Business Council. The Policy Dialogue was co-organised by the African Union (AU), African Development Bank Group (AfDB) and the Coalition for Dialogue on Africa (CoDA). The African Export-Import[...]
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Trading on the Nigerian Stock Exchange (NSE) rallied on Thursday following renewed positive sentiment in banking and oil and gas stocks after dropping for two consecutive days. Specifically, the All-Share Index which opened at 26,790.10 increased by 34.40 points or 0.13 per cent to close at 26,824.50. Also, the market capitalisation inched N17 billion to[...]
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Sen. Mohammed Musa (APC- Niger), has urged Nigerians to support the social media bill before the National Assembly because it was aimed at protecting human dignity. Musa said in a statement on Monday in Abuja, that when assented to, would protect human dignity among many other inherent gains. The Senate had on Nov 5, re-introduced[...]
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President Muhammadu Buhari on Thursday sought the re- consideration and approval of the National Assembly on the 2016-2018 External Borrowing Plan of the Federal Government. Buhari’s request is contained in a letter address to President of Senate Ahmad Lawan and read at the plenary on Thursday. Request for the National Assembly to re-consider and approve[...]
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MINISTER of Finance, Budget and National Planning, Mrs. Zainab Ahmed Wednesday said that closure of the nation’s borders contributed to the rising inflation in the country. The Minister however assured that the closure is temporary as government expects the neighbouring countries to respect the ECOWAS protocols to enable the reopening of the borders. The nation’s[...]
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Experts have stressed the need to leverage on the ongoing digital revelation to aid efforts to rebrand the nation’s economy. They opined that the adoption of good content, adequate data capturing, connectivity, electronic governance among other things using technology can aid efforts to positively project the nation’s economy. The experts spoke at the Annual Lecture[...]
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Business Confidence Index rose by 1.7 index points to 29 index points in November indicating rising optimism in the nation’s macro economy condition. The Central Bank of Nigeria (CBN) disclosed this in its latest Business Expectation Survey report. The apex bank stated: “At 29.0 index points, the overall confidence index (CI) indicated respondents’ optimism on[...]
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The Federal Government, National Assembly and Office of the Auditor-General for the Federation’s acclaimed pursuit of transparency and fiscal discipline is being threatened. The threat is coming from the non-presentation of the 2017 audit report on the accounts of the federation, nearly two years after the end of the fiscal calendar. The 2016 report came[...]
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The Senate yesterday said it would not force the controversial hate speech and anti-social media bills on Nigerians.The upper chamber gave the promise as scores of protesters yesterday stormed the National Assembly demanding the immediate withdrawal of the bills aimed at regulating the social media and prescribing capital punishment for hate speech offenders. One of[...]
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Operations at Air Peace, one of the country’s largest domestic airlines, have continued unperturbed despite money laundering charges levelled against Allen Onyeama, its chief executive officer. In a statement issued on Friday by the northern district of Georgia’s attorney’s office, Onyeama had been charged with bank fraud and money laundering for “moving more than $20[...]
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With just 35 days left in 2019, the FAA is making it increasingly clear it is unlikely to recertify the Boeing 737 Max this year, a target Boeing has been eyeing for months. For the third time in two weeks, the FAA said publicly it will take all the time it needs to deem the[...]
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Tesla’s futuristic pickup truck appears set to go head-to-head against the Ford F-150 in an “apples to apples” tug-of-war battle. The anticipated showdown, which could take place as early as next week, comes shortly after Tesla unveiled its all-electric Cybertruck. During the promotional event in Los Angeles last week, which turned into a somewhat embarrassing[...]
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TikTok’s director of creator community brushed aside allegations of Chinese influence on the social media app Tuesday, as the app faces a U.S. national security investigation. The U.S. government announced earlier this month that it was opening a national security investigation into TikTok’s parent company, Beijing-based ByteDance, after U.S. lawmakers expressed concern that the Chinese[...]
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American singer, songwriter and activist Cyndi Lauper is to be honoured with the United Nation first-ever High Note Global Prize. Lauper is recognised for her work to end LGBTQ youth homelessness in the US. The award is a partnership between the United Nations and High Note Global Initiative, which said the award has been referred[...]
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US President Donald Trump said in a radio interview posted online Tuesday that he planned to designate Mexican drug cartels as terror groups. The move comes after Trump called for a “war” on the drug cartels in early November when nine women and children from an American Mormon community in northern Mexico were killed in[...]
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A bill seeking gender equality that would guarantee women equal rights with their male counterparts has resurfaced in the Senate. The bill which is being reintroduced by former Senate Minority Leader, Senator Biodun Olujimi, Peoples Democratic Party, PDP, Ekiti South seeks to eliminate discrimination against any person irrespective of his gender on any ground including[...]
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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 13.5 percent while other policy parameters remained constant. The CBN Governor, Godwin Emefiele, disclosed this after the MPC’s meeting in Abuja on Tuesday. Emefiele said all the 11 members of the committee attended the meeting[...]
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Foreign investment inflow (capital importation) into the country continued on downward trend in the third quarter of the year (Q3’19), declining seven percent quarter-on-quarter (QoQ), to $5.4 billion from $5.8 billion in Q2’19. The decline in Q3’19 represents a second consecutive QoQ decline since the beginning of the year. Though foreign investment inflow rose by[...]
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Data made available by the National Bureau of Statistics (NBS) shows that the country’s gross domestic product (GDP) grew by 2.28% in the third quarter of 2019. This is 0.17 percentage points higher than the 2.12% revised GDP growth recorded in the second quarter. The previous Q2 GDP figure released by the NBS was 1.94%.[...]
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Aliko Dangote, president of the Dangote Group, says the first phase construction of the road leading from the seaport in Apapa to the Lagos-Ibadan Expressway Toll Gate will be completed before the end of December 2019. Dangote was speaking during an inspection of the construction site with Godwin Emefiele, governor of the Central Bank of[...]
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Forte Oil Plc will be changing its name to Ardova Plc — if approval is given by shareholders. In a notice sent to the Nigerian Stock Exchange on Monday, the company said shareholders’ approval for the name change will be sought at the upcoming extraordinary general meeting scheduled to hold on December 17. The notice[...]
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Jeff Bezos donated $98.5 million to dozens of groups helping the homeless population last week. But one of the world’s wealthiest men continues to face criticism of his philanthropic efforts from those who feel Bezos could afford to give more. The latest critic to chime in with respect to the Amazon CEO’s charitable giving is[...]
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Facebook and Twitter on Monday announced that personal data of hundreds of users may have been improperly accessed after they used their accounts to log into certain Android apps downloaded from the Google Play store. The companies received a report from security researchers who discovered that a software development kit named One Audience gave third-party[...]
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