Author: Admin

Recession not over till Nigerians feel impact – Economist

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An economist, Dr Aminu Usman has said that Nigeria could not be said to have exited recession until the average Nigerian feels the positive impact of the “economic progression”. Usman, Head of Economics Department, Kaduna State University, told our correspondent that the nation had yet to fully come out of recession as claimed adding the only economic proof that recession was over was for things to get better. In a recent report, Finance Minister Kemi Adeosun was quoted as saying that the country is already out of recession to an…

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People always think I’m foolish, stupid – Mr. Ibu

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Nollywood actor, John Okafor, aka Mr. Ibu, has revealed that he is always seen as a foolish and stupid person by most people as a result of the roles he plays in movies. Mr. Ibu commands a huge fan base and is one of the most popular actors in Nigeria. The comic actor, who is not entirely happy about his status, said that even when he had something meaningful to say, people don’t take him serious. He told Punch, “A lot of people think I’m stupid and foolish because of…

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Betty, Soni Irabor celebrate 34th wedding anniversary

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Betty Irabor, publisher of Genevieve Magazine, and ace broadcaster, Soni, on Saturday marked 34 years of being married. The couple, although high profile public figures, are known to be private about their personal affairs. But in celebration of the milestone, Soni and Betty took to social media to share with the world their anniversary messages. “Tickle Tickle…34 years later..We still do,” Betty wrote in one post, while another read: “Cheers to one love #34#blessed. When somebody loves you back. God is love.” “34 years and still trudging! Glory be to…

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Biafra is not possible – Kalu

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Former governor of Abia State, Dr. Orji Uzor Kalu, has said that the agitation for Biafra country by the Igbos cannot be made possible now, calling on the Igbo to rather channeled their energy for Igbo to become President of Nigeria. Kalu said rather than despite energy for secession they should up their political ante and play politics of inclusion which can earn the Igbo the nation’s president sooner. He also take a swipe on Governor Ayodele Fayose of Ekiti state over his comment in a recent interview that he…

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Two dead, four wounded in German nightclub shooting

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A gunman opened fire at a packed nightclub in southern Germany on Sunday, killing one and wounding four before being shot by police, authorities said, in an attack likely motivated by a personal feud. The 34-year-old man, identified as an Iraqi national, “was critically injured in a shootout with police officers as he left the disco, and later succumbed to his wounds in hospital,” police said in a statement. “Investigations are ongoing into the background of the act, which was likely linked to a dispute in the attacker’s personal life. There are…

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Guinness Nigeria explains facts behind N40bn rights issue

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Guinness Nigeria Plc Wednesday presented a detailed breakdown of its plans to raise N39, 700,688,598 by way of rights issue to its existing shareholders. The company shared details of its rights issue programme at a presentation which was held at the Nigerian Stock Exchange, Lagos. The event was attended by a cross section of stakeholders including shareholders, fund/portfolio managers, regulators, auditors, issuing houses and registrars. A total of 684,494,631 ordinary shares of 50 kobo each will be offered to existing shareholders in the ratio of five new ordinary shares for…

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Man crashes $260k Ferrari one hour after purchase

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A man in Britain has survived a major crash in his Ferrari, an hour after he bought it. CBS news quoted Local police as calling the man’s survival a “miracle escape,”, The car was not so lucky. South Yorkshire Police posted Twitter photos of the smoking, wrecked car, saying it “went airborne (and) burst into flames” beside a highway in northern England. The Ferrari 430 Scuderia, worth about $260,000 new, ended up a burning heap in a field. The police said in a Facebook statement that the driver “only had…

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West Brom want to sign Arsenal centre-back Vermaelen

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West Brom are keen on signing Barcelona defender Thomas Vermaelen, Sky Sports report. The Belgium international left Arsenal for the Nou Camp in 2014 but has endured three years of injury problems. Vermaelen still has two years left on his Barcelona contract but was allowed to join Roma on loan last season, where his injury problems continued. The 31-year has also reportedly attracted interest from Crystal Palace as Premier League clubs assess whether he would be a viable signing. West Brom are keen on signing Barcelona defender Thomas Vermaelen, Sky…

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Osinbajo condemns deadly Boko Haram ambush

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Acting President Yemi Osinbajo, SAN said the Nigerian governments is not only “on top of the situation, “, in Borno State, but will also win the peace and the war against Boko Haram. Osinbajo gave the assurance in a statement by his SSA, Laolu Akande today. He spoke days after a deadly ambush by Boko Haram terrorists in the North-east led to the deaths of dozens of NNPC and University of Maiduguri staff, out on an oil exploration in the Lake Chad Basin. Osinbajo described the ambush as appalling. Prof.…

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Galaxy signs Dos Santos on transfer from Villarreal

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L.A. Galaxy has signed Mexico midfielder Jonathan dos Santos from Spain’s Villarreal in a bid to turn around their season, the Major League Soccer club said on Thursday. Dos Santos, who represented Mexico at the Confederations Cup, began training with the Galaxy on Friday before being unveiled at a media conference. The move reunites Dos Santos, 27, with his older brother Giovani dos Santos, who joined the Galaxy in July 2015, also from Villarreal. La Galaxy Coach Sigi Schmid said “Yes I mean obviously he’s a good player, I mean…

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