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June 20, 2016

The Explainer: What the government wants you to know about the ‘Ogun River’

Last weekend, an unusual thing happened to the Ogun river – which left residents of the area baffled, stunned and in search of answers. The river, which is near the Kara Cattle Market, was overtaken by vegetation caused by a heavy storm. This created a compacted layer over the river and further blocked its flow. The residents... Read More
The News Blog
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Pastor Ize-Iyamu
June 20, 2016

BREAKING: Pastor Ize-Yamu wins Edo PDP governorship primary

Pastor Osagie Ize-Yamu has been elected as the standard-bearer of the Peoples Democratic Party in the September 10 governorship election in Edo state. Three aspirants contested the primary election, which held on Monday, at the Samuel Ogbemudia Stadium, Benin‎. Ize-Iyamu; a former member of the state House of Assembly defeated Matthew Iduoriyekemwen; and the candidate... Read More
Featured
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June 20, 2016

Forex policy: Foreign airlines to ‘increase’ air fares

The association of foreign airlines representatives of Nigeria (AFARN) has said the new forex regime will inadvertently increase the price of air fares. President of AFARN, Kingsley Nwokoma, told the News of Agency on Monday, that the new flexible foreign exchange policy recently introduced by the federal government could ultimately lead to a hike in... Read More
Featured, The News Blog
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June 20, 2016

Olamide achieves personal best on Youtube

It’s been a little over a year since Olamide released the video for his smash hit – Bobo which sealed his spot as one of Nigeria’s best entertainers. The rapper’s video has now garnered over 10 million Youtube views – making it his highest watched video on the platform. https://www.instagram.com/p/BG30YgouLBE/?taken-by=baddosneh The closest is the video for... Read More
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June 20, 2016

Jude Ndukwe: President Buhari’s WAEC certificate drama and karma

By Jude Ndukwe President Muhammadu Buhari’s certificate saga is getting messier by the day. Although a majority of his supporters who are now blaming themselves for imposing this willful and unfortunate reversal of fortunes on Nigeria after declaring in the run up to the last presidential election that even if the president presented a “NEPA... Read More
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June 20, 2016

MTN announces new CEO after ‘weathering a rather difficult storm’

Over a week after resolving its dispute with the Nigerian Communication Commission, telecommunications giant, MTN, on Monday, appointed a new Chief Executive Officer and Group President. The announcement was contained in a statement released by the telecoms company. The statement said the new group President and CEO, Rob Shuter, will take over next year. Shuter, a South African,... Read More
Featured, The News Blog
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June 20, 2016

Ayo Sogunro: Nigeria’s shareholding formula

By Ayo Sogunro The Nigerians I compare to corporate Directors in our continuing discussion on the Hierarchy of Nigerian Policy are the elected members of government. These are federal legislators, governors and deputies, the vice-president and, of course, the president. These “Directors” can make policy and appoint sub-policymakers without consultation with, or input by the... Read More
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June 20, 2016

Nigerian Stock Market: Investors lose ‘N46bn in a few hours’

The ripple effects of the new foreign exchange regime started by the Central Bank of Nigeria (CBN) today has already spread to the Nigerian Stock Exchange (NSE) market. Stocks have taken a slump following the uncertainties surrounding the true position of the naira against other currencies in the Nigerian interbank market. Following the announcement of the... Read More
The News Blog
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June 20, 2016

Seyi Sodimu features US singer, K. Michelle on remix of ‘Love me Jeje’ (WATCH)

Seyi Sodimu releases the remix of his hit single Love me Jeje featuring American R&B singer, K. Michelle. The original version of the song was recorded in the late 90s and it helped launch the career of the Nigerian singer. The remix which was released on May 30, 2016, was produced by HKN’s Shizzi. Listen to the audio here. The video was shot... Read More
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June 20, 2016

Wizkid hooks up with superfan, Swizz Beatz for a collaboration

Swizz Beatz and Alicia Keyz have been in love with African music since they got wind of Wizkid‘s Ayo album in 2015. From posting his album cover to posting videos of them dancing to his songs, the music power-couple have hardly hidden their admiration for the Starboy. https://www.instagram.com/p/5-FL9DSDFN/ https://www.instagram.com/p/5-fxGywFlj/ https://www.instagram.com/p/5-pCOOwFl8/ So it wasn’t a surprise when Wizkid... Read More
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June 20, 2016

Waheed Olagunju, Toni Kan, Sisi Yemmie others to speak on the use of technology for growing businesses at SME Connect Series 2.0

Are you a Nigerian based micro or small business owner or aspiring entrepreneur that wants to learn how to leverage on the internet and technology to grow your business? If your answer is YES, then you need to attend SME Connect Series 2.0 themed “Leveraging on Technology and the Internet to propel your small business”.... Read More
Partners
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June 20, 2016

Opinion: Recovering Nigeria’s refugees and IDPs: A fight worth fighting

by Olawale Rotimi   Nigeria has been ranked among nations with high number of displaced persons and refugees; this record is solely linked to insecurity challenges faced by the country in the recent past, where thousands were killed by the dreadful terrorist group-Boko Haram and millions displaced across the country and beyond.   At the... Read More
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June 20, 2016

11 Boko Haram insurgents ‘arrested’

The Nigerian Army, on Monday, announced that its troops, in conjunction with a vigilante group, has cleared out Bitta-Dambo of Boko Haram terrorist, killing four terrorists and injuring several others. This disclosure was contained in a statement signed by the Acting Director Army Public Relations, Colonel Sani Kukasheka Usman. During the course of the operation, the... Read More
The News Blog
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June 20, 2016

Opinion: The impact of the new monetary policy

By SBM Intelligence Two days ago, the Central Bank of Nigeria announced that it would be adopting a flexible exchange rate policy in the management of foreign exchange (FX). The guidelines to the new policy, dated 15th June, 2016, spelled out how the new policy would operate. The key highlights of the policy are listed... Read More
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June 20, 2016

Just In: Ex-NNPC boss, Andrew Yakubu, Jide Omokore arrested by EFCC

Former Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu has been arrested by the Economic and Financial Crimes Commission (EFCC) alongside Jide Omokore, an oil magnate. Yakubu was arrested by the anti-graft agency Monday morning, following allegations of money laundering and corruption. Jide Omokore is a close business associate of former minister... Read More
The News Blog
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June 20, 2016

Reno Omokri: How not to get addicted to your salary

Speaking from his bed, author and television host, Reno Omokri, on Monday, spoke on how to overcome poverty and an addiction to salary, which he compares to an addiction to drugs. Omokri, who served as an aide to former President Goodluck Jonathan, also cited biblical figures that succeeded by owning and managing their own businesses. Watch... Read More
The News Blog
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June 20, 2016

Opinion: Of Buhari’s sick leave and a Nigerian lecturer’s sheer folly

by Mohammed Dahiru Aminu The issue is that while the fact of a president’s travel to a foreign land to seek medical treatment proves nothing but an indictment of the situation back home, a student who seeks knowledge abroad is merely conforming to long-standing, known tradition and culture of knowledge generation and sharing. Even the... Read More
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