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LIVERPOOL BOSS,JURGEN CLUB QUERIES CLUB CHIEF SCOUT HOW HE MISSED SPOTTING GABRIEL MARTINELLI

LIVERPOOL BOSS,JURGEN CLUB QUERIES CLUB CHIEF SCOUT HOW HE MISSED SPOTTING GABRIEL MARTINELLI

Liverpool manager, Jurgen Klopp has heaped praise on Arsenal’s Brazilian signing, Gabriel Martinelli following some impressive performances and at the same time wondered how the Liverpool talent spotters missed out on the prodigiously talented footballer. The Reds boss has been impressed with the work done by the London club and their technical director Edu after they signed the 18-year-old in ... Read More »

Ghanaian traders lock up shops belonging to Nigerians, other foreigners

Ghanaian traders lock up shops belonging to Nigerians, other foreigners

Ghanaian traders at Opera Square in Accra on Tuesday locked up shops belonging to foreign nationals involved in retail business. Most of the shops are believed to belong to Nigerians. Premium Times learnt this is the third time such an incident is happening at the same venue; the most recent was in July this year. It is unclear the number ... Read More »

Lawan says NASS will demand accountability in power sector

Lawan says NASS will demand accountability in power sector

President of the Senate Ahmad Lawan has said that the National Assembly will insist on accountability and transparency in the power sector, particularly in application of funds proposed for it in 2020 budget. Lawan stated this on Monday when the Managing Director of the Niger Delta Power Holding Company (NDPHC) Chiedu Ugbo, led a delegation on a visit to the National Assembly, ... Read More »

The Money Farmers: How Eastern Europe Oligarchs and Populists Milk the E.U. for Millions

The Money Farmers: How Eastern Europe Oligarchs and Populists Milk the E.U. for Millions

CSAKVAR, Hungary — Under Communism, farmers labored in the fields that stretch for miles around this town west of Budapest, reaping wheat and corn for a government that had stolen their land. Today, their children toil for new overlords, a group of oligarchs and political patrons who have annexed the land through opaque deals with the Hungarian government. They have ... Read More »

Dangote plans fuel exports to Europe, others

Dangote plans fuel exports to Europe, others

Dangote Group has said it plans to export petroleum products from its refinery to Europe, South America, West Africa and Central Africa. The company stated this  during a visit by a delegation led by the Minister of State for Petroleum Resources, Chief Timipre Sylva, to the refinery site in Lagos. The Executive Director, Strategy, Capital Projects and Portfolio Development, Dangote ... Read More »

Access Bank offers free one-week instant transfers

Access Bank offers free one-week instant transfers

Access Bank says it is offering its customers free instant transfers for a week. A statement from the bank said this was its way of thanking its customers for their patience and understanding throughout the period of its technology and infrastructure upgrade. The upgrade involved the integration of all Access Bank’s platforms into a new, highly scalable and robust platform. ... Read More »

Senator got 300 NDDC projects, says interim management

Senator got 300 NDDC projects, says interim management

A SERVING Senator is single-handedly handling about 300 contracts for the Niger Delta Development Commission (NDDC), its interim management committee said on Sunday. NDDC Acting Executive Director of Projects, Dr Cairo Ojougboh, said 120 of the contracts have been fully paid for. He, however, did not say if the contracts were executed. He also did not name the Senator. Ojougboh ... Read More »

Obono-Obla fired ‘for going beyond brief

Obono-Obla fired ‘for going beyond brief

FORMER Chairman of the Special Investigation Panel for the Recovery of Public Property (SIPRPP) Mr. Okoi Obono-Obla was suspended because he was found to have gone beyond his mandate, it was learnt at the weekend. Besides, other members of the panel accused him of misconduct. Obono-Obla was nailed, following a recommendation by Attorney-General of the Federation and Minister of Justice ... Read More »

No date yet to reopen borders, says Customs

No date yet to reopen borders, says Customs

THERE is no date yet for the reopening of borders that have been partially closed since August, the Nigerian Customs Service (NCS), clarified on Sunday. The clarification came on the heels of a social media report that the borders would be reopened on January 31. The report referred to a directive by President Muhammadu Buhari to the NCS, setting January ... Read More »

Senate summons Emefiele over differences in exchange rates for projects

Senate summons Emefiele over differences in exchange rates for projects

The Senate Committee on Finance has summoned Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to explain the rationale behind the exchange rates it used for three key projects under the Presidential Infrastructure Development Fund (PIDF). The PIDF projects are being funded to the tune of billions by the Nigeria Sovereign Investment Authority (NSIA), across the country. The ... Read More »

Auctioneers attack Magu over plans to engage foreign firms

Auctioneers attack Magu over plans to engage foreign firms

The Nigeria Association of Auctioneers has chided the Acting Chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu, over his announcement that the commission would engage foreign auctioneers to sell the jewellery and houses seized from a former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. The association noted that it was an insult for the commission to attempt ... Read More »

Why Nigeria runs government anticlockwise, by Peter Obi

Why Nigeria runs government anticlockwise, by Peter Obi

Most public office holders across Africa have continued to run governance anticlockwise, a factor responsible for underdevelopment and high rate of unemployment in the country, says former governor of Anambra State, Peter Obi. Aside making bad character the prerogative of the very rich and powerful, Obi lamented that these set of leaders in Nigeria have further insulted the sensibilities of ... Read More »

Buhari extends  border closure to January 31

Buhari extends border closure to January 31

President Muhammadu Buhari has approved the extension of the closure of Nigeria’s border with neighbouring countries to January 31, next year. The exercise code-named operation Exercise Swift Response had resulted in joint border operations by a combined team of security agencies. The Deputy Comptroller of Customs in charge of Enforcement, Investigation and Inspectorate, Victor Dimka, conveyed the Presidential directive in ... Read More »

Dangote’s daughter, five others resign from the Board of Dangote Flour

Dangote’s daughter, five others resign from the Board of Dangote Flour

Halima Aliko Dangote, daughter of Africa’s richest man, Alhaji Aliko Dangote has resigned from the Board of Dangote Flour Mills Plc. Others who resigned from the board of the company are Asue Ighodalo, Thabo Mabe,  Olakunle Alake, Arnold Ekpe, and Yabawa Lawan Wabi. Their resignations took effect from today, Friday, November 1, 2019, according to a notice sent to the Nigerian ... Read More »

Access Bank lifts creative industry with N20b facility

Access Bank lifts creative industry with N20b facility

Access Bank Plc has announced the disbursement of N20 billion loans to beneficiaries in the entertainment industry under the Creative Industry Financing Initiative (CIFI) of the Central Bank of Nigeria. The fund, which represents the first tranche of the loans, was made accessible to the borrowers in the sector. Currently, the Nigeria creative market is regarded as one of the ... Read More »

Dangote Flour Mill Shares Suspended On Floor Of Stock Exchange

Dangote Flour Mill Shares Suspended On Floor Of Stock Exchange

The Nigeria Stock Exchange on Tuesday placed a full suspension on the trading of shares of Dangote Flour Mills ahead of its delisting and takeover by Crown Flour Mills. “The suspension is imperative to prevent trading in the shares of the company beyond the effective date of the scheme of arrangement for Crown Flour Mills Limited to acquire the entire ... Read More »

Nigeria’s unemployment situation frightening —AfDB

The African Development Bank today decried the unemployment situation in Nigeria, saying it was ‘frightening’ and could become ‘catastrophic’ if decent jobs are not created for the country’s youth population. The AfDB made the observation at the regional presentation of a report entitled, ‘Creating decent jobs: Strategies, policies and instruments’, at its office in Abuja. The report, a compilation of ... Read More »

CIBN HONOURS AFREXIMBANK PRESIDENT, BENEDICT OKEY ORAMAH

CIBN HONOURS AFREXIMBANK PRESIDENT, BENEDICT OKEY ORAMAH

From left: Ozo Pat Ifeanyi Oramah, Professor Benedict Okey Oramah, president and Board Chairman of African Export-Import Bank (AFREXIMBANK) and Mr. Wale Tinubu , CEO, Oando, Plc shortly after the conferment of the prestigious Honorary Fellowship of the Chartered Institute of Bankers of Nigeria (CIBN) on Professor Oramah in Lagos on Saturday. Read More »

Timeliness of Ekiti Airport, By Sam Oluwalana,

Timeliness of Ekiti Airport, By Sam Oluwalana,

As part of activities marking the first year in office of Ekiti state Governor, Dr Kayode Fayemi, construction works on the airport project was flagged off by the governor, as part of his vision for the industrialization of the state. The airport, when completed, is expected to serve and boost agricultural and industrial revolution, which the present APC-led administration is ... Read More »

Oyo targets solid minerals for IGR boost – Makinde’s adviser

Oyo targets solid minerals for IGR boost – Makinde’s adviser

The government of Oyo State is setting its eyes on the solid mineral sector as a major boost for its Internally-Generated Revenue (IGR), the Special Adviser on Solid Minerals Development, Mr. Abiodun Oni has said. Oni, in a presentation on behalf of the state government at the just concluded Fourth Edition of the Nigeria Mining Week, said that the state ... Read More »