Vice President Yemi Osinbajo has dismissed reports that the Central Bank of Nigeria (CBN) is printing money to support the Federal Government. Background: CBN “claims” on the federal government have reportedly gone from N678 billion in December 2013 to N6.5 trillion in April 2017. Doyin Salami, PhD, a member of the monetary policy committee (MPC) of...
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Everyday on the Nigerian cyberspace, there is always a story to feed on. It comes in form of threads, callouts, twitter stories among others. On Wednesday, October 3, 2017, the Nigerian cyberspace was once again set on fire. This time around, the fire was ignited by popular Nollywood actress Caroline Danjuma. The actress alleged that...
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The Federal Government has released the proceeds of the N100bn sukuk bond for the financing of 25 road projects being handled by the Federal Ministry of Power, Works and Housing. Minister of Finance, Mrs Kemi Adeosun, handed over the N100bn proceed cheque to the Minister of Power, Works and Housing, Mr. Babatunde Fashola, in Abuja...
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It is said that for a celebrity, every news is publicity, however, some news which appears as publicity have far-reaching damage on the receiver of such news. An example of that is the news of the death of Tagbo Umeike; which is now trailing Nigerian artiste, Davido. It was reported that Tagbo and Davido are...
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Tiwa Savage has set TwitterNG on fire again. Over a year ago (April 2016), the Mavin singer’s marriage issues went viral after her husband slammed her on Instagram and proceeded to inform us that he would be committing suicide. Thankfully, that never happened. Tiwa did not play the mute wife then. She conducted an interview...
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A statement made by Nigerian superstar, Tiwa Savage on gender equality has become a topic on Twitter. In a chat with BEAT FM’s Toolz on ‘The Midday Show’, the singer said women and men cannot be regarded as equal. She urged women to work twice as hard as their male counterparts. She said, “It’s a...
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The reason why evil deeds continue to thrive in our society is that when it happens, we don’t trace and exterminate its roots cause; rather we sleep on it and allow it to die a natural death until it rears its head again. The death of Tagbo Umeike is the latest of such and we...
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The Minister of Information and Culture, Alhaji Lai Mohammed, on Thursday disclosed that the Federal Government will unveil a N100bn per annum free television distribution network for Nollywood. The minister said this at the Free Zone Enterprise in Calabar, Cross River State during the inauguration of an Ultra-Modern Surface Mount Technology plant owned by Gospell...
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Digital Rights Advocacy group, the Paradigm Initiative of Nigeria (PIN) has condemned the continuous Internet shutdown in Cameroon which began on September 30, 2017. In a press release on Wednesday, October 4, 2017, the organisation according to its executive director, Gbenga Sesan states that “this ongoing shutdown is particularly worrying because the government sent out...
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FIFA’s disciplinary committee has expelled the Equatorial Guinea from the 2019 Women’s World Cup scheduled for France if its team qualified. The global football body also fined the African country 100,000 Swiss Francs. A statement on FIFA’s website on Thursday said Equatorial Guinea was sanctioned after an investigation showed it fielded ineligible players during the...
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The Federal Government has asked Nigerians not to eat monkeys, bush meat and dead animals. The Minister of Health, Prof. Isaac Adewole, said this in a statement signed by the Director, Media and Public Relations at the ministry, Mrs. Boade Akinola, on Thursday. What happened: An outbreak of Monkeypox disease had been reported in Bayelsa. Eleven...
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French president Emmanuel Macron has been accused of treating members of the French working class with contempt. Macron, 37, stepped on the toes of staff of a threatened factory “GM&S car parts” fighting hard for their jobs saying they should get another job instead of “stirring up shit”. • The bone of contention According to...
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So there’s a new podcast in town – The GreyRoomNG – and in only three days after upload, its numbers are already blazing. Like 12,000 views blazing! The first episode (Do you think society is fair on men by making them pay most of the bills?) features young Nigerians and it has generated a lot...
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by Jimi Osheidu We have always been four. Me, Dad, Mom and Roger. Roger is the Alsatian that was a gift from my Grandpa when we moved from Kaduna to Ilorin. Roger was the one who nudged out one of my front teeth when I was seven. It wasn’t really his fault, I should have...
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The Peoples Democratic Party (PDP) has called on President Muhammadu Buhari to probe the $25 billion contract scam involving the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru. The PDP warned Buhari against shielding Baru and others involved in the alleged scam. National Publicity Secretary of the PDP, Prince Dayo...
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President Muhammadu Buhari has appointed Mrs. Aishah Ahmad, as Deputy Governor of the Central Bank of Nigeria. This was disclosed in a statement on Thursday by the Special Adviser on Media and Publicity, Mr. Femi Adesina. According to the statement, the President had presented Ahmad to the Senate for confirmation. Adesina said Ahmad would replace...
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Deputy Senate President, Ike Ekweremadu has said the request for virement by the Executive was unconstitutional. Ekweremadu said this during the plenary on Thursday. Background: Vice President Yemi Osinbajo had submitted a request for the virement of N135bn from the 2017 budget. This was when President Muhammadu Buhari was receiving treatment in London. What happened:...
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Building on its initiative to enhance employment opportunities of Lagos residents through the UNDP-sponsored Lagos State Employability Support Project, the Lagos State Employment Trust Fund (LSETF) is currently holding a 3-day industry engagement seminar with business leaders and executives. The event kicked off on Wednesday 4, October 2017 at the Civic Centre, Victoria Island. With...
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by Ololade Ajekigbe I have never considered myself rich, in monetary terms. But in the last couple of weeks, my “acute” financial limitations ha,ve become more apparent. Apart from the generally reduced purchasing power caused by inflation and the prevailing economic circumstances, the pervading poverty in the land and my helplessness in the face of...
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The Senate on Thursday adopted the report of its Joint Committee on Appropriation and Finance on the implementation of the 2017 Appropriation Act. Recommendations of the committee: The Federal Government must not roll over 60 per cent of capital projects in the 2017 budget, if Nigeria would have a January to December budget cycle in 2018. The...
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The Federal Government has started plans to shut down the National Economic Reconstruction Fund (NERFUND) over non-performance. Why? According to the government, The company has been underperforming and has non-performing loans of over N17.5 billion. What is happening: According to NAN, a committee had been formed to ensure the smooth liquidation of the company by...
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Minister of Transportation, Rotimi Amaechi on Thursday briefed President Muhammadu Buhari on the progress in railway transport. Amaechi spoke with State House Correspondents after his meeting with the President. What he said: He admitted that there were issues surrounding the railway transport. He added that President Buhari’s blood pressure will rise if he does not...
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Today is #WorldTeachersDay and Sam Hart, a media aide to the Governor of Abia state has done this topic justice. He didn’t just tweet random stuff about the importance of teachers, he took us down memory lane, talked about every single one of his teachers he remembers and their impact on his life. It’s so...
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The Bayelsa State Government on Thursday said there was nothing to be worried about, over the outbreak of MonkeyPox in the state. Commissioner for Health, Prof. Ebitimitula Etebu, told the News Agency of Nigeria (NAN) in Yenogoa. What happened: Eleven people, including a doctor has been diagnosed of the disease and quarantined. What the commissioner...
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Salaries haven’t been paid to civil servants in the last 9 months. Sometime during the penniless lull, *Tam decided her job at the Ministry of Agriculture was not quite the catch after all. In fact, she decided a job as a hotel manager was more worthy of her dedication. So for a year, in a...
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Lagos state Governor Akinwunmi Ambode will be hosting the residents of Ogudu, Ojota and its environs at a town hall meeting this October. This edition which is the 4th in 2017 is another opportunity for those who reside in that vicinity to air their grievances, opinions and questions about the administration of the state to...
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by Odia Iyoha As humans, we are always faced with one problem or the other but what distinguishes us from the lower animals is intelligence. By applying logic and knowledge, man is able to solve certain problems. But what happens when man is faced with problems that otherwise shouldn’t have been? Or problems that man...
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A surety who stood for a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), who is being tried for an alleged N22.8bn fraud, has withdrawn his suretyship. John Okeke on Thursday approached the court to withdraw the title documents of his landed property, Background: Amosu, who was arraigned by the Economic and Financial Crimes...
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Less than two days to the anticipated between the Super Eagles of Nigeria and Chipolopolo of Zambia, the youth of the two communities of Obio Etoi and Obio Ofot hosting the Godswill Akpabio International Stadium, Uyo, have reportedly threatened to disrupt the match. Demands: According to Guardian, Youth from the communities numbering about 200 with...
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Senator representing Kaduna Central, Shehu Sani has asked President Muhammadu to remove himself as Minister of Petroleum. Sani said the President should appoint a successor who would oversee the affairs of the ministry. Background: The President had named himself Minister of Petroleum after his election. Minister of State for Petroleum Resources, Ibe Kachikwu had written a...
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