Author: Admin

Delta govt seeks N900 billion to resuscitate moribund industries

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The Delta State government has sought for a whopping sum of N900billion to resuscitate the moribund steel plant, others in the state. Expectedly, the State governor, Dr Ifeanyi Okowa, had at the weekend resolved to revive moribund industries, despite the hash recession, that would boost wide process of providing employment opportunities for the teeming youths in the state, disclosed that over 36, 000 jobs had been provided through skills acquisition, STEPS and YAGEP. Dr Okowa, who recited to the allegation of poor administration and nonchalant steps to reviving moribund industries…

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Manchester Derby: De Bruyne insists Pogba’s absence not “karma”

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Manchester City playmaker, Kevin De Bruyne, has said he wishes Paul Pogba was available for Sunday’s Derby, as he enjoys coming up against the best players. Pogba will be starting a three-match ban after his red card in Manchester United’s 3-1 win at Arsenal for a challenge on Héctor Bellerín. The United midfielder said last week that he hoped City players would suffer injuries, to help United’s title push but De Bruyne rejected the idea that karma was at work. “I don’t believe in that,” De Bruyne said. “I’m a…

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Big Brother Nigeria returns

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MultiChoice Nigeria, has announced  the return of Africa’s biggest reality television show, Big Brother Nigeria, for a third edition. Sponsored by  Payporte, leading online store, the return of BBN follows the critical success of the second edition which saw aspiring hip-hop artiste, Efe Ejeba winning the coveted N25 million prize money and SUV after almost three months of drama, intrigue, betrayal and entertainment in the Big Brother house. Speaking on Big Brother Nigeria’s return, the Regional Director, M-Net West Africa, Wangi Mba-Uzoukwu said: “Around the globe, the Big Brother format…

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Cameroon fire coach Hugo Broos

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Cameroon have fired coach Hugo Broos less than a year after he led the country to the African Nations Cup title and two months short of the end of his two-year contract. The 65-year-old former Belgian international led the Indomitable Lions to a surprise triumph in the tournament in Gabon at the start of the year. However, a poor performance at the Confederation Cup in Russia in mid-year followed by failure to qualify for the World Cup had sealed his fate, the country’s football federation said in a statement. “Mr…

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Nigeria signs MoU to recover $321m loot from Switzerland

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Nigeria has signed a Memorandum of understanding ( MOU) with Switzerland for the return of  $321 million in looted funds to Nigeria. Nigeria’s minister of justice and attorney general, Mr Abubakar Malami, signed the MOU with Swiss authorities on Monday in Zurich. He expressed gratitude for the international support Nigeria was getting in the fight against corruption. Global collaboration, he said was critical to the success of the fight. “We will continue to work to deepen mechanisms not just for asset recovery but for preventing corruption in the first place.”…

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Rivers govt buys N484 million SUVs for federal lawmakers

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The Rivers State Government has bought new SUVs – Toyota Land Cruisers – worth hundreds of millions of naira for the 16 National Assembly members from the state, despite the fact that the state is owing retired civil servants their pensions and gratuities for over three years now. Three of the vehicles are said to be for the senators, while 13 are for the House of Representatives members. The State Governor, Nyesom Wike, on Monday, released the vehicles in Port Harcourt to two federal lawmakers who were around, according to…

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China regrets rising tensions on Korean peninsula

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Chinese Foreign Minister, Wang Yi, said on Monday that after two months of relative calm on the Korean peninsula, the resurfacing of tensions was regrettable. Wang, speaking to reporters at a joint news conference with his Mongolian counterpart, said that China has an open attitude on solutions to the North Korean nuclear issue, but that parties should be consultative. In late November, North Korea tested its most advanced intercontinental ballistic missile yet, putting the continental U.S. within range and increasing pressure on U.S. President Donald Trump to deal with the…

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Foreign reserves increases to $34.8 billion in November – central bank

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The Central Bank of Nigeria (CBN) has said nation’s foreign exchange reserves added at $991 million in November to close at $34.8 billion as of November 29, 2017. In November, 2017, the nation’s foreign exchange reserves sustained its momentum with an opening figure of $33.8 billion in November 1, 2017. The nation’s foreign exchange buffer has climbed 34.7 per cent or $8.97 billion this year, but is still far off a peak of $64 billion hit in August 2008. The price of Organization of Exporting Countries (OPEC) basket of 14…

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One peacekeeper killed, three wounded in Central African Republic

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Mainly Christian anti-Balaka forces attacked a UN police checkpoint in Central African Republic on Monday, killing one UN peacekeeper and wounding three others, the United Nations said. The attack took place at the entrance to a camp for displaced people in the southeastern town of Bria after peacekeepers intervened to free two displaced people being held hostage by anti-Balaka forces, the UN spokesperson Stephane Dujarric said. He said the peacekeeper who died and two of the wounded were from Mauritania. The third injured peacekeeper was from Zambia. Dujarric said the…

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Bollywood legend Shashi Kapoor dies

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Shashi Kapoor, veteran Indian actor and legend of Bollywood has died. He passed away in Mumbai on Monday. He was 79. “Shashi Kapoor expired at 5.20 pm on December 4 at Kokilaben Hospital in Mumbai,” said Dr Ram Narain, Executive director of Kokilaben Dhirubhai Ambani Hospital. The Times of India reported that the Bollywood legend, who was also popular in Nigeria to Indian movie lovers in the 70s,  was admitted to Kokilaben Ambani Hospital in Andheri on Sunday night, reportedly, for a chest infection treatment. The actor struggled with the condition…

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