Day: January 11, 2018

NNPC assures of adequate petrol supply

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The Nigerian National Petroleum Corporation (NNPC) has advised motorist against panic buying, saying it has adequate supply of the product in the country. In a statement by the Group General Manager, Group Public Affairs division Mr Ndu Ughamadu, on Thursday in Abuja,it said the corporation had product that would last for over 30 days. “NNPC wishes to enjoin motorists in Abuja, its environs and other parts of the Country not to engage in any panic buying of petroleum products. “NNPC assures motorists that the Corporation has robust stock of PMS, otherwise…

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‘Mini pill box’ that stays in stomach for a week could vastly slow HIV infection

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US scientists say they have found a way to prevent between 200‚000 and 800‚000 new HIV infections in SA over the next 20 years. A team at the Massachusetts Institute of Technology (MIT) has developed a “mini pill box” that stays in the stomach for a week‚ delivering a long-lasting dose of antiretroviral medication. By simulating the dynamics of HIV and patient drug-adherence patterns in SA‚ the MIT team — which published its research in the journal Nature Communications — showed that the invention could reduce therapeutic failures and prevent…

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Bishop David Oyedepo tops Forbes list of richest pastors in the world, net worth $150m

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The General Overseer of Winners Chapel and the Chancellor of Covenant University, Bishop David Oyedepo tops the Forbes list of richest pastors in the world with a net worth of $150 million. According to Forbes, Oyedepo heads the single largest church in the world, which is otherwise known as Winners’ Chapel. He also exerts control over churches in 45 African nations, as well as several in Dubai, the United Kingdom and the United States. Pastor Chris Oyakhilome of the Believers’ Love World; T.B Joshua of the Synagogue Church of All Nations; and Pastor E.A…

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Bitcoin and cryptocurrencies ‘will come to bad end’, says Warren Buffet

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Billionaire investor Warren Buffett said Wednesday that he would never invest in Bitcoin or other cryptocurrencies, and predicted the wildly popular assets are in for a fall. “I can say almost with certainty that cryptocurrencies will come to a bad end,” Buffett told CNBC in an interview. Buffett’s comments were backed by Charlie Munger, his longtime partner at his investment company Berkshire Hathaway, who described the soaring values of Bitcoin and the other cryptocurrencies as “bubbles”. Munger said investors “are excited because things are going up at the moment and it sounds vaguely modern. But…

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Manchester United make bid for Alexis Sánchez in attempt to hijack City deal

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• United make offer in region of £25m for Arsenal forward  • Henrikh Mkhitaryan offered as a makeweight but salary a stumbling block Manchester United have made a bid to sign Alexis Sánchez from Arsenal as José Mourinho attempts to scupper Manchester City’s hopes of securing the arrival of the Chile forward this month. Sánchez has already agreed personal terms worth around £250,000 a week with Pep Guardiola’s side, with City having submitted a £20m offer for the 29-year-old earlier this week. Arsenal have yet to respond to that but it is understood that…

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Samsung faces French legal case over alleged abuses in China

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Two French campaign groups filed a legal case against Samsung in France on Thursday, alleging the Korean electronics giant was responsible for the use of child labour and other abuses in its Chinese plants. Using a new French law that makes a company potentially liable for working conditions elsewhere in the world, the NGOs Peuples Solidaires and Sherpa lodged a complaint in Paris against the Samsung’s French subsidiary and international parent company. Using research from the China Labor Watch group, the French campaigners alleged that children had been found in…

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Zimbabwe’s Emmerson Mnangagwa is ‘afraid of elections’ – ex-minister

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Zimbabwe’s former president Robert Mugabe was ousted by a “military coup” that forced his resignation, former cabinet minister Jonathan Moyo said in an interview with the BBC broadcast on Thursday. Moyo, a former higher education minister under the last president and an ardent Mugabe loyalist, said Zimbabwe’s new President Emmerson Mnangagwa stole power and was leading an “illegal regime”. “Mnangagwa and (Vice President Constantino) Chiwenga, they know only too well that they have come into power via the bullet and not the ballot,” Moyo, who is in self-imposed exile, told…

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95 petrol stations sanctioned for hoarding, over-pricing, diversion of products in Delta

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The Department of Petroleum Resources (DPR), Warri Zonal Office has sanctioned over 95 erring petrol stations in Delta since fuel scarcity resurfaced in December 2017. The Zonal Operations Controller, Mr Antai Asuquo, told the News Agency of Nigeria (NAN) on Thursday in Warri that the petrol stations were sealed over offences bordering on hoarding, over-pricing and diversion of products. According to him, over 80 of the fuel stations were sanctioned between December 2017 and Jan. 3, while 15 others were booked in the last one week by the regulatory agency.…

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Big Brother Naija star Kemen to start TV show on fitness, wellness

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Ekemini Ekerete, an ex-housemate of Big Brother Naija, says plans have been concluded for the commencement of his wellness and fitness television show on healthy living. Kemen made this known in an interview with NAN on Thursday in Abuja. “It is going to be a 30 minutes workout session with me every morning from Mondays to Fridays,” he said. “It is basically going to give the viewers that cannot go to the gym an opportunity to work out in front of their TV set. “It will involve different kind of…

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Father, daughter allegedly scam suitor N710, 000 in Nasarawa

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A 60-year-old man, Inusa Aliyu, and his daughter, Jamila, were on Thursday arraigned in a Masaka Upper Area Court, Nasarawa State for alleged cheating a suitor of N710, 000. The defendants, who reside at Luvu Masaka area of the state, are facing a three-count of conspiracy, breach of trust and cheating. The prosecutor, Frank Swem, told the court that one Yusuf Mamuda, a resident of the Kurudu, Abuja reported the matter at the Divisional Police Station, Masaka on January 4 ‎Mamuda alleged that sometime in September 2017, one Haruna, surname…

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