PHOTOSCENE: Ambode launches rebranded Neighborhood Safety Corps

Lagos State Governor, Mr. Akinwunmi Ambode on Monday launched the rebranded Lagos Neighbourhood Safety Corps, with a pledge that the security of lives and property in the State is now non-negotiable. A total of 177 Salon Cars and Vehicles equipped with communication gadgets, 377 motorcycles, 377 helmets, 4,000 bicycles, metal detectors for ensuring that illegal…

Melaye graduated from Ahmadu Bello University –VC

The Vice Chancellor of Ahmadu Bello University, Zaria, Professor Ibrahim Garba, has cleared the air on whether or not Senator Dino Melaye graduated from the institution. Appearing before the Senate Committee on Ethics, Privileges and Public Petitions on Monday, the Vice Chancellor said Melaye graduated from the institution as Daniel Jonah Melaye with a degree…

Real reason Buhari backed out from Sambisa visit

As the Nigerian Army Small Arms Championship (NASAC) commenced today, indications have emerged as to why President Muhammadu Buhari backed out of a visit to the dreaded Sambisa Forest, venue of the competition. Earlier, the Chief of Training and Operations, Army, Major General David Amadu, had during a press briefing on Friday in Maiduguri to…

NEW FOREX POLICY: CBN forces banks to sell at N360/dollar

In its bid to stabilize and improve on recent gains made by Naira against the Dollar, the Central Bank of Nigeria (CBN) on Monday directed all banks to immediately begin sale of forex for BTA, PTA, Tuition and Medical fees to customers at not more than N360 per dollar. Said to have been authorized by…

Meet Kabir, the man who instigated Senate to probe N4tn leakage in Customs

Based on the move by the Senate Committee on Customs, Excise and Tariff to investigation how over N4 trillion was lost by the Nigeria Customs Service (NCS) between 2006 and 2016, Ripples Nigeria dug deeper to unearth why and how it reached the decision. Findings revealed that the decision to probe the government agency headed…

AMCON hands over Keystone Bank to new investors

Following the sale of Keystone Bank to Sigma Golf-Riverbank Consortium by the Asset Management Corporation of Nigeria (AMCON), the new investors have finally taken possession with a view to repositioning the bank immediately. A statement from the bank said the handover took place last Friday after the Completion Board Meeting to consummate the acquisition and…

POST REJECTION WAR: Saraki fights back as Magu indicts him in N19bn Paris Club scam

Barely two weeks after the Senate rejected the approval of Ibrahim Magu as substantive chairman for the Economic and Financial Crimes Commission (EFCC) the commission’s report has indicted Senate President Bukola Saraki in the diversion of about N19billion Paris Club refund. The EFCC report submitted to President Muhammadu Buhari, associated Saraki, some of his aides…

ANAMBRA: Residents of Igboukwu community flee over imported shrine

A shrine reported to have been imported from Umueri community, in Anambra East Local Government Area, has scared away residents of Umuechefu Obiuno quarters, in Igboukwu community, Aguata Local Government Area of Anambra State. According to reports, the shrine named ‘Iyioji Ogbu’ is on a genocide mission to the area, forcing residents to flee the…

JAPAN: Avalanche claims 6 students who went on mountain climbing trip

Six high school student who went on a mountain-climbing outing trip in Nasu ski resort in Tochigi prefecture, Japan have been declared dead after they were engulfed in an avalanche. According to local authorities and police, the avalanche had hit early on Monday on the mountain in Tochigi prefecture north of Tokyo. Read also: Hong…

After questioning, special prosecutors seek ex-president Park’s arrest

Days after disgraced and impeached South Korean President Park Geun-hye was invited for questioning in connection to a corruption scandal that toppled her, special prosecutors in Seoul are now seeking her arrest. The former president whose executive immunity ended after her removal from office was confirmed by the country’s top court earlier this month is…

CAF Secretary General El Amrani resigns

Less than a fortnight after long-serving President Issa Hayatou was dethroned by Ahmad Ahmad, the secretary general of the Confederation of African Football (CAF), Hicham El Amrani, has resigned. The 37-year-old El Amrani, who has served in the position at the continent’s football body for six years, said in a letter to football associations that…

Nigerian newspapers: 10 things you need to know this Monday morning

Good morning! Here is today’s summary from Nigerian Newspapers: 1 The Economic and Financial Crimes Commission has submitted a report to President Muhammadu Buhari which indicted the Senate President, Bukola Saraki, and some of his aides in the diversion of about N19bn from the N522bn Paris Club refund. The report also indicted Mr. Robert Mbonu…

Presidency claims Buhari has no certificate scandal

Despite the certificate scandal that rocked the presidential candidacy of President Muhammadu Buhari before the 2015 general elections, the Presidency on Sunday declared that he has no certificate scandal. The Peoples Democratic Party (PDP) had in 2015 claimed that Buhari was not qualified to contest the 2015 Presidential elections because he has failed to fulfil…

Senate, Customs feud deepens

The seeming face-off between the the upper chamber of the National Assembly, the Senate and the Nigeria Customs Service has been taken a notch further. The Senate Committee on Customs, Excise and Tariff, has revealed its plans to commence investigations into how over N4 trillion was lost due to revenue leakage in the Nigeria Customs…

Sheriff ignores ceasefire agreement, says Makarfi should leave PDP alone

The moves by Bayelsa State Governor Seriake Dickson-led Peace and Reconciliation Committee of the Peoples Democratic Party (PDP) may not have yielded the desired result as the national chairman of the party, Ali Modu Sheriff, seems to have ignored the party’s ceasefire agreement. Sheriff on Sunday in Abuja, avowed that the national caretaker committee led…

OGOJA: Man poisons restaurant food killing 2, 46 hospitalisation

Paul Nchui, who allegedly poisoned food that led to the death of two persons and 46 hospitalised in Oboso community of Mbube in Ogoja Local Government Area of Cross River State, has been apprehended by the police. Nchui’s arrest was confirmed by the state Police Command Public Relations Officer, Irene Ugbo, who said that the…

OHIO: 1 dead, 14 injured in nightclub shooting

Tragedy struck at the Cameo Night Club in Cincinnati, Ohio when a gunman opened fire killing one person and injuring 14 others in the process. Initially, police sources said the gunmen were two in number but after further investigations, it was revealed that only one shooter was involved in the incident which authorities say is…

Lawmaker fingers Fulani herdsmen in brutal murder of DELSU staff

The rampaging menace of Fulani herdsmen played out again at a farm in Delta State when a 50-year-old senior staff of Delta State University, was brutally murdered. Commenting on the incident in a statement, Hon. Evance Ochuko Ivwurie, Member Representing Ethiope East Constituency in the State House of Assembly said the victim was hacked to…

Tompolo’s kinsmen tell Army to keep Egbesu sword and bear the consequence

Pere Oboro Gbaraun II, Aketekpe of Gbaramatu Kingdom, has said that the Nigeria Army should not bother to return the Egbesu golden sword it allegedly took from the community. According to him, his people believe strongly that the “stolen symbol of authority can and will avenge its desecration.” This was even as the traditional council…

Russian opposition leader, others arrested for protesting against govt corruption

Thousands of demonstrators thronged the streets of Moscow to join protests organised by Navalny, a Kremlin critic and anti-corruption campaigner, who urged people to take to the streets to demand the resignation of Prime Minister Dmitry Medvedev. Read also: Hong Kong elects first female leader Navalny called for the protests after publishing a detailed report…

Fashola reveals how FG plans to remove Nigeria from recession

The Minister of Power, Works and Housing, Mr Babatunde Fashola has revealed that the Federal Government is concentrating on infrastructure development to get the country out of its worse economic recession in 25 years. The minister said the plan, in line with President Muhammadu Buhari’s vision is to develop the nation’s infrastructure which will improve…

Nigeria to rake in N14.67tn investments in 2017

If all things go well, Nigeria will rake in about N14.67tn into its economy from both foreign and local investors before the end of the 2017 fiscal year. This is according to statistics obtained from the Ministry of Budget and National Planning, at the weekend. Details of the projection showed that, when compared with 2016…

3 dead, houses razed as gunmen attack Benue community

Fresh attack on Tse-Chia village by gunmen near Kasar in Zaki-Biam witnessed the killing of three people and the razing of houses and property. The incident is coming five days after some invaders attacked and killed several people in Zaki-Biam, headquarters of Ukum Local Government Area, Benue State. According to reports, the gunmen were alleged…

CENTRAL CONGO: 40 policemen decapitated by militia fighters

The wave of killings and lawlessness across the vast central African nation of Congo DR which broke out after the government of President Joseph Kabila failed to step down has continued following the deadly ambush of no less than 40 policemen. Reports say the policemen who were driving from Tshikapa to Kananga were attacked by…

NSE RoundUp! Nigerian equities lose N71bn amidst global decline

Nigerian equities witnessed a reversal in the immediate past week as macroeconomic concerns dampened investors’ appetite for quoted shares. Despite increasing inflow of corporate earnings reports and dividend recommendations, most equities at the Nigerian Stock Exchange (NSE) still closed on the negative, reechoing the downtrend that marked global share prices during the week. The benchmark…

Buhari backs out from Monday’s visit to Sambisa Forest

President Muhammadu Buhari and Commander-In-Chief of the Armed Forces, Federal Republic of Nigeria will no longer be at this year’s Nigerian Army Small Arms Championship holding in the Sambisa forest on Monday March 26. Earlier, the Chief of Training and Operations, Army, Major General David Amadu, had during a press briefing on Friday in Maiduguri…

Nigerian Newspapers: 10 things you need to know this Sunday morning

Good morning! Here is today’s summary from Nigerian Newspapers 1. There are reports that President Muhammadu Buhari has canceled his much-publicized trip to the deadly Sambisa Forest earlier slated for Monday. The President has now delegated the Minister of Defence, Mansur Dan-Ali for the trip. 2. More Nigerians are said to be thinking of committing…

After altercation, Fashola visits Ambode, promises to refund debt owed Lagos

After their squabble over Lagos road project, the state former governor and current Minister for Works, Power and Housing, Babatunde Fashola, on Saturday visited his successor Governor Akinwumi Ambode at the Lagos House Ikeja. He assured during the visit that his ministry had made representations to the Federal Executive Council on modalities to pay debts…

Dino Maleye : Ahmadu Bello University – A condescending incompetence

By Joseph Edgar… We have always been told that the Ahmadu Bello University was an excellent citadel of learning, the pride of Nothern Nigeria and the alma matter of some of the greatest Nigerians, including the distinguished Senator Dino Malaye, if we are to believe him. However, ever since the certificate scandal was broken by…

Senate says it’s been vindicated over rejection of Magu as EFCC boss

The Senate says it’s position on EFCC’s acting chairman, Ibrahim Magu and why it refused to confirm his appointment has been justified. Spokesman of the Senate, Dr. Aliyu Sabi Abdullahi has stated that the leaked report of the Directorate of State Security (DSS) sent to the Attorney General and Minister of Justice, Mr. Abubakar Malami,…

CONFIRMED: Nigeria friendly with Burkina Faso cancelled

Super Eagles’ friendly with the Etalons of Burkina Faso scheduled for Monday in London has been called off after several Burkina Faso players failed to gain visas to enter the United Kingdom. The Eagles drew 1-1 with Senegal on Thursday night after Kelechi Iheanacho’s late penalty cancelled out Moussa Sow’s opening goal at the Hive…

B/Faso friendly may be cancelled as only 8 players get visa

Although there has been no official statement by the Nigeria Football Federation (NFF) concerning the matters arising, but the friendly game between the Super Eagles of Nigeria and the Etalons of Burkina Faso is on the brink of being cancelled. Reports have it that the Burkinabé FA Boss, Sita Sangaré, said his players and coaching…

PMB’s HEALTH: Gloating is of no value

By Femi Adesina… I learnt an enduring lesson on the day General Sani Abacha died. It was June 8, 1998, and death had laid its icy hands on the maximum ruler, and the scepter had fallen from the grip of the king. I was deputy editor of National Concord, the newspaper owned by Basorun M.K….

Farmers attract $200bn World Bank loan to Nigeria

Small and medium-scale farmers in Nigeria have attracted $200 million World Bank loan facility to the country. The bank’s loan will have a low-interest rate, and a maturity of 25 years, with a five-year grace, or moratorium. The International financial Institute was quoted by Reuters as confirming the development, adding that the money will help…

ALLEGED e-PASSPORT FRAUD: Senate summons Dambazau, AGF, others

Senate has summoned top officials of President Muhammadu Buhari administration and four private companies to appear before it to explain an alleged multi-billion Naira fraud in the e-passport scheme. Top officials of government invited to make clarifications are the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami; Accountant General of the…

Eagles’ll be at their best against B/Faso, Rohr promises

After securing a 1-1 draw against Senegal on Thursday, Super Eagles coach Gernot Rohr is optimistic that his side will be at their best on Monday when they face the Etalons of Burkina Faso in another friendly tie in London. Rohr, who said he is “satisfied with the whole attitude” of his players during the…

SENEGAL FRIENDLIES: Organizers to refund money for failed livestream

​While dissociating itself from ​the failure to have Thursday’s friendly between the Super Eagles and ​​Teranga Lions of Senegal in London streamed live​, ​the ​Nigeria Football Federation ​(NFF) has ​said organizers of the tie will refund​ ​the monies ​of ​​fans​ who paid to watch​.​ Many Nigerians paid N500 each to watch the friendly on the…

Nigerian newspapers: 10 things you need to know this Saturday morning

Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Nigerian Naira is steadily recovering against the dollar as it exchanged between N380 (buying rate) and N390 (selling rate) on Friday afternoon. At the Bureau De Change (BDC) window, the Naira was sold at N399 to the dollar, while the pound sterling and the…

Mr. President, your govt has been reduced to theatre of absurd –Fayose

Outspoken Ekiti State governor, Ayo Fayose, has said that governance of the country has been reduced to a theatre of the absurd as occasioned by appointees of President Muhammad Buhari. While he called on Buhari to take charge and call members of his cabinet to order, he said that what Aisha, the President’s wife said…

Army General Court Martial jails soldier, denotes others

The General Court Marshal (GCM) of 7 Division, Nigerian Army sitting in Maiduguri, Borno State has sentenced a soldier serving with Operation LAFIYA DOLE to two years imprisonment for assault while another lost seniority for prejudice to military discipline. The soldier (name withheld) alleged to have committed the offence on a minor was found guilty…

CONTRACT AWARD TO 20 GHOST COMPANIES: Ask PINE not me – SGF

Secretary to the Government of the Federation (SGF), Babachir Lawal, has said that the Presidential Initiative on the North East (PINE), should be answerable for all questions in respect to grass-cutting contract awards and not himself. He said, “To the real and more important issue, the general public should not be made to believe that…

UK Parliament attacker linked to Nigeria

Investigations into the identity of the London Parliament attacker, reveals that Khalid Masood (the suspect) has a Nigerian step-father who lives with his mother in the tiny village of Trelech, Carmarthenshire, with a population 745. Reports say Khaleed was born as Adrian Russel, but later adopted his mother’s husband’s surname, Ajao. His step-dad is identified…

Ousted Egyptian President, Mubarak regains freedom 6-yrs after

Egypt’s ousted President; Hosni Mubarak has regained freedom six-years after a top appeals court on March 2 acquitted him of charges that he ordered the killing of protesters during the 2011 popular uprising that led to his ouster. 88-year-old Mubarak returned home following his release from custody after legal proceedings that took years since his…

Belgium police arrest man who tried to drive his car into crowd

A 39-year-old suspect identified as Mohammed R has been arrested by cops in Antwerp, Belgium after he attempted to drive his car into a crowd in the northern part of the country. The attempt by the suspect who is said to be a Frenchman of Tunisia origin who was arrested in possession of a rifle…

Lagos secures hosting rights for 13th AMAA awards

Lagos State has secured the hosting rights for the 13th edition of the African Movie Academy Awards (AMAA). The movie awards scheduled to hold June 3, 2017 will mark the second time that the awards ceremony will be staged in the state. The Governor of Lagos State Akinwunmi Ambode while making the announcement said staging…

UEFA: Dele Alli handed 3-match ban; Arsenal, Bayern to pay fine

Following his being sent off during his side’s Europa League clash against Gent at Wembley in February,Tottenham midfielder Dele Alli has been banned for three European matches Alli was dismissed for a challenge on Brecht Dejaegere in a 2-2 draw that eliminated them from the competition. Should Tottenham secure a top-three Premier League finish this…

MEXICO: 29 inmates escape from prison through tunnel

No less than 29 inmates escaped to their freedom from a jail in Tamaulipas, Mexico after fleeing prison through a 40-meter-long tunnel believed to have taken several months to build. According to reports, the escape took place about midnight last through a 40-meter-long tunnel five meters underground with 10 inmates of the Tamaulipas prison reported…

Naira gains more grounds as CBN records unpurchased dollars return

There is an apparent glut in the foreign exchange market as the Central Bank of Nigeria (CBN), on Thursday, said of $100 million it supplied to meet the requests of wholesale customers, only $91 million was bought. The development was said to have been as a result of the apex bank’s consistent injection of dollars…

Militants give new conditions for peace in Niger Delta

Some militant leaders in Nigeria’s Niger Delta region on Thursday gave new conditions for President Muhammadu Buhari to meet, in order to ensure total peace in the region. Included in the conditions is that all outstanding stipends to the militants and their leaders be paid without further delay. Under the amnesty programme, each former militant…

ILE-IFE VIOLENCE: OPC fingers ex-Gov Kwankwaso in arrest of Yorubas

The Yoruba socio-cultural group, Oodua People’s Congress (OPC) has fingered former Governor of Kano State, Alhaji Rabiu Kwankwanso, for the spate of arrests of suspects in the probe into the clash between Hausa and indigenes in Ile-Ife, Osun State recently. The organisation came down hard on former Kwankwanso, whom it accused of racing down to…

NSE LIVE! Equities close flat amidst bargain-hunting

Nigerian equities closed almost flat on Thursday after losses by highly capitalised stocks counterbalanced widespread bargain-hunting. With 20 advancers to 14 decliners, the market showed growing underlying bargain-hunting but losses recorded by large-cap oil and gas and banking stocks weighed against the rallying stocks. Aggregate market capitalisation of all quoted equities on the Nigerian Stock…

Nigerian newspapers: 10 things you need to know this Friday morning

Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Naira remains on the path of recovery as it exchanged 385 to the dollar on the black market Thursday. On the official interbank market, the Naira closed at 308 to the dollar, against 306 last Thursday. It has, however been predicted that the currency…

Senegal Friendly: Iheanacho rescues Nigeria from defeat

Manchester City’s Kelechi Iheanacho leveled scores for Nigeria with nine minutes left to play as the Super Eagles came from a goal down to hold the Teranga Lions of Senegal to a 1-1 draw in Thursday’s friendly at The Hive stadium, London. The Lions started the game brilliantly with Moussa Sow hitting the woodwork early…

Your state has more killings, no rule of law, Gov Ortom fires back at Wike

Benue State Governor, Samuel Ortom has described as unfortunate the call by his Rivers State counterpart, Governor Nyesom Wike that a state of emergency be declared in Benue State. He said there are more killings in Rivers State, adding that Wike is overseeing a state with lawlessness unlike Benue State. Following the attacks Benue State…

PDP CRISIS: Sheriff, Makarfi sign peace pact, agree to unite

An end to the crisis rocking the Peoples Democratic Party (PDP) seems to be near as senators Ali Modu Sheriff and Ahmed Makarfi led factions of the party have resolved to unite for the good of the party and to desist from being at each other’s necks. This development took place in Abuja on Thursday…

Aircraft, passengers’ lives exposed to danger at Kaduna airport –Reps

Nigeria’s House of Representatives has branded Kaduna International Airport as unsafe and said that both aircraft and passengers’ lives are exposed to danger. Reps members stated this during the plenary of the House on Thursday, adding that the airport has no safety standards for both domestic and international flights. The chairman, Committee on Media Loan,…

KILLINGS: Wike mocks Gov Ortom, calls for state of emergency in Benue

Rivers State’s Governor Nyesom Wike has called for a state of emergency in Benue State over incessant killings in the state. Wike argued that Governor Samuel Ortom has lost control of the state, making immediate declaration of state of emergency in the state necessary, in order to restore security and protect the lives of the…

Disregard Sheriff advert, no vacancy in PDP Nat’l Secretariat – Makarfi

Court rejected Peoples Democratic Party (PDP) Caretaker Committee chairman, Senator Ahmed Makarfi, has said there is no vacancy at Wadata Plaza, the party’s National Secretariat, Abuja. This was as he called on Nigerians to disregard the publication allegedly made by PDP faction led by the court recognised party national chairman, Ali Modu Sheriff. Makarfi who…

Dino: 21st-Century Crook, 17th-Century University

By Pius Adesanmi… A fallout of Dinogate: some ABU students and alumni have been roaming the internet with the good news of ABU’s greatness. I have often advocated that misbehaving Nigerian public officials should be dragged to the Eagle Square and flogged publicly. Anybody talking about any University in Nigeria today and the words “great”,…

Cynthia Osukogu’s killers sentenced to death

The family of Cynthia Osukogu may have finally gotten justice, as two men accused of killing her about five years ago were on Thursday sentenced to death. Cynthia Osukogu, a postgraduate student of Nasarawa State University, was allegedly murdered in a Lagos hotel by her two friends she met on facebook. Her corpse was found…

ISIS claims London responsibility for knife attack

The Islamic State of Iraq and Syria (ISIS) has claimed responsibility for the attack at the British Parliament in London that killed three people, and left many others injured. ISIS also known as Islamic State of Iraq and the Levant (ISIL) said the attack was a response to its call on faithful to launch attacks…

London Friendlies: Super Eagles set for battle

Nigeria’s Super Eagles camp in London has been very much alive since Monday following the arrival of players invited for the two international friendlies with the Teranga Lions of Senegal and the Etalons of Burkina Faso. The Super Eagles, who are currently on a five-match winning streak, will be playing against Africa’s highest ranked team,…

Why third mainland bridge?

By Tayo Demola…. I was really astonished to hear the news of the medical doctor who went all the way to the third mainland bridge right here in Lagos and killed himself! He actually committed suicide in the most cruel way. He was actually cruel to himself, to his family and infact he was very…

Senate rejects Buhari’s ambassadorial nominees

The Senate, on Thursday, rejected two, out of the 47 non-career ambassadorial nominees, sent to it by President Muhammadu Buhari on January 12th, 2017. The two rejected nominees are Justice Sylvanus Adiewere Nsofor from Imo State and Jacob Igbekele Daodu from Ondo State. Explaining the rationale behind the disqualification of the of Nsofor, chairman of…

More troubles for Arik, as unions picket, stop supply of Jet A1

In what looked like a surprise action, four trade unions said they have embarked on indefinite occupation of the corporate headquarters of one of the local airlines, Arik Air. They insist they would not vacate the airline’s premises until its sacked workers are reinstated. The unions, comprising of United Labour Congress (ULC), National Union of…

Buhari appoints 27 RECs

President Muhammadu Buhari has forwarded 27 names of Resident Electoral Commissioners (RECs) to the Senate for approval. The names read on the floor of the Senate, by its President Bukola Saraki, are drawn from 27, out of the 36 states of the federation and the Federal Capital Territory (FCT). Details later…. RipplesNigeria ….without borders, without…

Scientists make breakthrough in new drug for heart attack

Scientists at the MDI Biological Laboratory and Novo Biosciences have identified a drug to restore heart muscle function following a heart attack. Their research on the role of MSI-1436 in regenerating heart muscle tissue in zebrafish and mice was described in a paper in the peer-review journal, npj Regenerative Medicine. Cardiovascular disease is the world’s…

SGF makes U-turn, says he’ll now honour Senate invite

Barely a day after the Secretary to Government of the Federation (SGF), Mr David Lawal, told the Senate that he would not honour an invitation extended to him by the Senate ad-hoc Committee on Mounting Humanitarian Crisis in the North East, he has made a sudden U-turn. Rather, he has begged the Senator Shehu Sani-led…

Nollywood actress speaks on rumoured affair with Apostle Suleman

Sultry Nollywood actress Iyabo Ojo has finally opened up on her alleged romance with the founder of the Omega Fire Ministry, Apostle Johnson Suleman. The actress who has kept mum after she was accused by fellow actress Cossy Orjiakor in a post titled the ‘Ungrateful Delilah’ in which she was alleged to have been involved…

TRAVEL BAN: Trump’s lawyers asks US court to quickly hear its appeal

Lawyers of controversial US President Donald Trump have asked a U.S. court to quickly hear its appeal of a ruling that blocked the president’s revised travel ban which is still being criticised in many quarters. on Wednesday, Trump’s lawyers filed a brief with the 4th U.S. Circuit Court of Appeals in Virginia in which they…

7 benefits of positive mental attitude

Someone once said in a song that we should “always look on the bright side of life.” But what are the benefits of smiling and seeing the good in things? There are detractors of the concept of positive mental attitude. They say that sadness helps us to process the bad things that happen to us,…

Stanbic IBTC to pay five kobo dividend

The board of directors of Stanbic IBTC Holdings Plc on Wednesday announced that the bank would be paying a 5.0 kobo dividend per share for the 2016 business, opting to share N500 million to shareholders out of net profit of N28.5 billion. The audited report and accounts of Stanbic IBTC Holdings for the year ended…

Ogun leads Kogi, others in 43.5m tonnes solid minerals produced in Nigeria

Nigeria produced about 43.5 million tonnes of solid minerals in 2016, according to the National Bureau of Statistics (NBS) in its report on the performance of the sector released on Wednesday. The NBS’ data identifies Ogun State as having produced the highest volumes of the solid minerals among the 36 states and the Federal Capital…

Zenith Bank backs down on plan to raise N100bn

The board of directors and management of Zenith Bank on Wednesday stepped down the consideration for a new capital raising by the bank, putting a lid on the bid to raise N100 billion. While the resolutions to authorise the board of directors to raise the new capital were part of the annual general meeting’s notices…

Lafarge Africa to pay N5.47bn dividend on N22.8b pre-tax loss

The board of director of Lafarge Africa Plc on Wednesday played a bitter-sweet on shareholders of the cement company as it recommended payment of N5.47 billion as cash dividends for 2016 business year in spite of noticeable decline in the performance of the company. The board of Lafarge Africa announced that about N5.47 billion would…

NPFL: MFM beat Rivers Utd to go top of table; Rangers lose

MFM FC secured a 2-1 victory against Rivers United in their rescheduled Nigeria Professional Football League clash at the Agege Stadium on Wednesday. The League’s highest goals scorer, Stephen Odey, converted two first half penalties to give the home team the win, while the visitors’ goal was scored by Emeka Ogbugh, also in the first…

Fayose’s criticisms senseless, Nnamani

Former Senate President and current Electoral Reform Committee chairman, Ken Nnamani has described Ekiti State Governor Ayodele Fayose’s criticism of the committee as ‘senseless’. He said the governor is engaging in a brand of criticism that does not “require intelligence to carry out,” adding that the criticisms do only lack in wisdom but also infringe…

FG okays N80bn for roads, bridges in Sokoto, Enugu, Oyo, 9 others

N8billion have been approved by the Federal Executive Council for the construction of roads and bridges across 12 states of the federation and the Federal Capital territory (FCT). The Minister of Power, Works and Housing, Babatunde Fashola, made this known to State House correspondents when he briefed them after FEC meeting on Wednesday presided over…

3-yrs after disaster, S’Korean sunken ship slowly emerges

Three years after it sadly sank killing no less than 304 people, most of them children on a school trip, a South Korean ferry which capsized has emerged from the grey sea authorities say. The emergence of the ferry, the Sewol, which was structurally unsound, overloaded and travelling too fast on a turn when it…

Death toll from UK Parliament attack rises to 5

The death toll arising from an attack outside the UK Parliament which saw a knife-wielding man shot dead by cops outside the UK Parliament after he stabbed a police officer in terror attacks has risen to five. Police sources say five people, including the attacker, were killed after the assailant ploughed a car into pedestrians…

Nigerian newspapers: 10 things you need to know this Thursday morning

Good morning! Here is today’s summary from Nigerian Newspapers: 1. The Marine Police, Lagos State command has confirmed the recovery of the dead body of Dr. Allwell Orji, who jumped off the third mainland bridge into the Lagos lagoon on Sunday. It confirmed that the body was discovered at about 4:00 pm around the CMS…

I won’t appear before you, SGF tells Senate

Secretary to Government of the Federation (SGF), Mr David Babachir Lawal, on Wednesday, told lawmakers that he would not honour an invitation extended to him by the Senate Ad-hoc Committee on Mounting Humanitarian Crisis in the North East. Instead, Mr Lawal said he has gone to court to challenge the invitation. Similarly, the Managing Director…

Ohanaeze wants to establish data base of Ndigbo

Ohanaeze Ndigbo, a socio-cultural group in South East Nigeria, has revealed its plan to capture the data of its people home and abroad to ensure their protection and well-being. This was even as the group led by Nnia Nwodo, reinstated its call for the release of the Indigenous People of Biafra (IPOB) leader, Nnamdi Kanu….

Senate okays FG’s plan for additional $500m Eurobond

The Senate, on Wednesday, approved the request of President Muhammadu Buhari to raise additional $500 million Eurobond from the international capital market to fund the 2016 budget. The Senate arrived at this decision after a brief debate on the loan request. Deputy President of the Senate, Ike Ekweremadu who presided over the day’s legislative business,…

Police shoot knife-wielding terrorist dead outside U.K. Parliament

One person has been reported dead after a knife-wielding man was been shot by cops outside the UK Parliament after he stabbed a police officer in terror attacks with no less than 10 pedestrians injured when a car rammed into them. According to reports the assailant driving a grey 4×4 mowed over 10 pedestrians on…

PDP CRISIS: Makarfi loses more grounds as NASS caucus backs Dickson’s initiatives

Senators and members of the House of Representatives, elected on the platform of the Peoples Democratic Party (PDP), on Wednesday, gave conditions to Governor Henry Seriake Dickson-led peace committee of the party before they can support Ali Modu Sheriff-led National Working Committee (NWC). The lawmakers who spoke through the Senate and House of Representatives PDP…

Coursemate reveals why Dr. Orji’s committed suicide

A Coursemate and colleague of late Dr. Allwell Orji identified as Essien Attah has provided an insight into the likely circumstance that led the doctor into taking his own life when he jumped to his death after plunging into the Lagos Lagoon. In a message put out on social media, WhatsApp to be precise, Attah…

Beach Soccer: Sand Eagles prepare for return to world stage

Ahead of the 2017 FIFA Beach Soccer World Cup coming up from April 27 to May 27 in Bahamas, Super Sand Eagles who did not make it to the previous two editions of the tournament, are set for their return to the world stage. The beach soccer team of Nigeria, who are one of Africa’s…