NAF destroys Boko Haram ammunition depot in Sambisa

THE Nigerian Air Force, yesterday, said it has destroyed structures and ammunition depot of the Boko Haram in Sambisa Forest. Air Force spokesman, Air Commodore Ibikunle Daramola,in a statement, said the Air Task Force also destroyed the terrorists’ equipment at Alafa Yagayaga in Sambisa Forest as well as a suspected Boko Haram terrorists’ ammunition depot[...]

Read More

Netflix buys Genevieve Nnaji’s movie ‘Lion Heart’

Netflix has announced its buying of the rights of Genevieve Nnaji’s comedy “Lion Heart” just before the its premiere on Saturday, September 8, 2018. In a report by Variety, Netflix announced that it has bought over the worldwide rights to ‘Lion Heart’. ‘Lion Heart’ will premiere at ongoing the Toronto International Film Festival with major[...]

Read More

Abba Kyari vows legal action on Punch newspapers over fake news

The chief of staff to president Buhari, Abba Kyari has vowed to institute legal actions on punch newspapers over a news story alleging Kyari collected a N29million bribe over a contract. A statement by Malam Garba Shehu, senior special assistant to the President said Kyari has been left with no other option than to seek legal[...]

Read More

NBC reviews code to check hate speech

In a bold step to enforce ethics and check the excesses of broadcasting stations, Nigeria Broadcasting Commission (NBC) has started reviewing the broadcasting code to address emerging challenges, especially hate speech and fake news. Dr. Igomu Onoja, its Zonal Director in charge of the North-Central, said on Saturday in Jos that the review had become[...]

Read More

Japan’s Richest Man Doubles Fortune With Some Help From Roger Federer

Tadashi Yanai, founder of Uniqlo operator Fast Retailing Co., has bucked the trend after the firm’s shares surged more than 75 percent over the past year. His wealth has almost doubled since April 2016 to $25.4 billion, according to the Bloomberg Billionaires Index. Yanai, 69, is the chairman of Fast Retailing, the world’s second-largest apparel[...]

Read More

Jack Ma, China’s richest man, leaves Alibaba to go back to teaching

Alibaba's co-founder and executive chairman, Jack Ma, said he planned to step down from the Chinese e-commerce giant on Monday to pursue philanthropy in education, a changing of the guard for the $US420 billion ($590 billion) internet company. A former English teacher, Ma started Alibaba in 1999 and built it into one of the world's[...]

Read More

FLASH : Kwara gov declares senatorial bid

The Kwara Governor, Alhaji Abdulfatah Ahmed on Saturday declared his intention to run for Kwara South Senatorial District position. Ahmed, who announced this via his Twitter handle, @abdulfataahmed, said he had picked up the Peoples Democratic Party nomination form for the senatorial primary election. Ahmed write: “In response to calls by my people and in[...]

Read More

CBN injects $303m, CNY 46.58m into forex market

The Central Bank of Nigeria (CBN), on Friday, September 7, 2018, injected the sum $303.91 million into the interbank retail Secondary Market Intervention Sales. This is in addition to the sale of CNY 46.58 million in the spot and short-tenored forwards. The figures obtained from the CBN on Friday, September 7, 2018 showed that the[...]

Read More

Ekiti workers condemn Fayose over purchase of N74m SUV

Governor Ayodele Fayose has come under intense fire for allegedly buying a N74m vehicle and paying himself over N43m severance package while turning a blind eye to the backlog of unpaid salaries in Ekiti State. This was contained in a statement jointly signed by Nigeria Labour Congress (NLC) chairman, Comrade Ade Adesanmi and his Trade[...]

Read More

Ex-Trump campaign aide Papadopoulos sentenced to 14 days in prison

George Papadopoulos, a former aide to then-Republican candidate Donald Trump's 2016 campaign, was sentenced on Friday to 14 days in prison after pleading guilty last year to lying to federal agents investigating whether campaign members coordinated with Russia before the election. Prosecutors for Special Counsel Robert Mueller said Papadopoulos lied to agents about his contacts[...]

Read More

Breaking: APC offers Kwankwaso’s senate seat to Shekarau

The All Progressives Congress (APC) has offered former governor of Kano State, Malam Ibrahim Shekarau, the senatorial ticket for Kano Central District in next year’s general elections. At present, Rabiu Musa Kwankwaso, also a former governor and PDP member, is the holder of the seat. Kwankwaso won the seat as a member of the APC[...]

Read More

Stanbic IBTC surrenders Venture Capital licence

The group, which made this known in a disclosure sent to the Nigerian Stock Exchange (NSE), said it had applied to the Securities and Exchange Commission (SEC). “This is to inform The Nigerian Stock Exchange that Stanbic IBTC Ventures Limited (“SIVL”), a subsidiary of Stanbic IBTC Holdings PLC has applied to the Securities and Exchange[...]

Read More