NIGERIA NEWSPAPERS: TODAY’S THE NATION NEWSPAPER HEADLINES [19 JULY, 2018].

Read All Newspapers in one Place - Download our App for free. DOWNLOAD

Saraki, Wike, Tambuwal, Ortom in defection talks
Thu, 19 Jul 2018

BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

It was meant to be a gathering to pray for a politician’s mother, but yesterday’s session in Ilorin was more than that.

Politicians latched onto the prayer to smoothen defection talks between the Peoples Democratic Party (PDP) and the Reformed-All Progressives Congress(R-APC)—the conclave of aggrived APC members.

The secret session was between PDP National Chairman Uche Secondus and some aggrieved APC bigwigs, led by Senate President Bukola Saraki.

Read All Newspapers in one Place - Download our App for free. DOWNLOAD

Also yesterday, former President Goodluck Jonathan held a meeting with former Military President Gen. Ibrahim Babangida in Minna.

The two-hour meeting was described as “private”.

Some APC governors, PDP governors and PDP leaders took advantage of the prayer for the repose of the soul of Alhaja Aishat Baraje, the mother of Kawu Baraje, a leader of the R-APC to fine tune the APC men’s defection plan.

APC Deputy National Chairman Lawal Shuaibu (North) and Adeniyi Adebayo (South) attended the prayer but the governors and the PDP chiefs thereafter held a private session at the GRA Ilorin home of the Senate president.

Saraki returned to Ilorin on Tuesday, received by a large crowd – obviously to make a political statement.

At the session were Governors Abdulfatah Ahmed (Kwara); Nyesom Wike (Rivers); Samuel Ortom(Benue) and Aminu Waziri Tambuwal (Sokoto), who is also a presidential aspirant.

Others are: Secondus, another presidential aspirant and former Jigawa State Governor Sule Lamido; Senator Barnabas Gemade; Baraje and Speaker of Kwara State House of Assembly Ali Ahmad, among others.

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

A source at the session, who spoke in confidence, said: “After the prayer session for Baraje’s mother, we felt it necessary to discuss mutual issues bordering on the talks between the PDP and R-APC.

Our talks centred on how some APC and R-APC leaders will join forces in 2019 to change the status quo. It is certainly convenient for PDP at this bend to woo potential defectors who might add value to its electoral value in 2019.

“All these leaders are heavyweights who PDP cannot gloss over. So, the meeting was to consolidate ongoing negotiation ahead of mass defections from APC to the main opposition party.”

The source added: “Of course, you do not need a soothsayer to tell you that Saraki is the biggest fish that the PDP is after. He is also a rallying point of leaders in R-APC and the people of North-Central.”

It was learnt that the PDP had agreed to hand over the structure of the party to Saraki; sharing of party’s position on 60-40 or 40-60 ratio; and the concession of two Senate seats and the governorship slot to Saraki’s camp and R-APC in Kwara.

On Ortom and Gemade, the source said: “The PDP has now opened talks with the Benue governor as part of steps to consolidate its grip on North-Central. We are targeting Kwara, Kogi, Benue, Plateau, Nasarawa, Niger and the FCT.

read more…

I wont disappoint Ekiti people, says Fayemi
Thu, 19 Jul 2018

Ekiti State Governor-elect Dr Kayode Fayemi has promised not to disappoint the people who gave him the mandate in last Saturday’s election.

Fayemi spoke yesterday after he received the Certificate of Return as governor-elect from the Independent National Electoral Commission (INEC).

The National Commissioner in charge of Oyo, Ekiti and Osun states, Prince Adedeji Soyebi, presented the certificate at a ceremony at the state INEC headquarters on New Iyin Road in Ado-Ekiti, the capital.

Deputy Governor-elect, Otunba Bisi Egbeyemi, also received his Certificate of Return at the event.

Fayemi and Egbeyemi were joined by their wives, Bisi and Margaret.

Other dignitaries at the presentation are: Chairman of the Senate Committee on Trade and Investment, Fatimat Raji Rasaki; the state APC Chairman, Chief Olajide Awe; Police Commissioner Bello Ahmed; State Director of DSS, Mrs. Promise Iheanacho; the Commandant of the Nigeria Security and Civil Defence Corps (NSCDC), Mr. Solomon Iyamu and heads of federal agencies in the state.

The certificates presented to Fayemi and Egbeyemi were signed by INEC Chairman, Prof. Mahmood Yakubu; the governor-elect and the deputy governor-elect also signed the documents.

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

APC leaders and members chanted their party’s slogan: “APC, Change! APC, Change!! APC, Change!!! as Fayemi collected his certificate at 11.30 a.m.

The governor-elect said the people of Ekiti State will enjoy the benefits of good governance from October 16 when he takes over.

He hailed the electoral agency for doing what he called an “excellent job”.

read more…

Firms to get N348b fuel subsidy refund
Thu, 19 Jul 2018

Senators yesterday approved the payment of over N348 billion outstanding oil subsidy claims to 74 petroleum marketers.

The upper chamber gave the approval following its adoption of the interim report of its Committee on Petroleum (Downstream) on the Promissory Note Programme and a Bond Issuance to Settle Inherited Local Debts and Contractual Obligations to Petroleum marketers.

The breakdown of the payment, according to the report, showed that of the N348 billion, 55 oil marketers are to receive N275,750,415,108; 19 others will get N73,452,639,866.

The committee recommended that 55 oil marketers should be paid 100 percent of their claims, while 65 percent claims should be paid to 19 marketers due to some irregularities in their claims.

The Senate asked the committee to continue its engagement with the Ministry of Finance, oil marketing companies, Petroleum Products Pricing Regulatory Agency (PPPRA) and other stakeholders in order to update all the outstanding liabilities and clear all outstanding debts, interests accrued and forex differential once and for all.

Chairman of the committee, Senator Kabir Marafa said that although marketers made claims to the tune of N670,497,543,15, as of June 30, 2017, the PPPRA verified and approved the sum of N429,054,203,228 to the Federal Ministry of Finance.

Marafa noted that while the verified figure was approved by the Federal Executive Council, further verification by the Presidential Initiative on Continuous Audit (PICA) reduced the amount to N407,255,263,288.

He also said that continuous delay of the approval of the promissory note request would affect the liquidity of the Oil Marketing Companies and undermine their crucial role in the development of the economy.

Some of the oil marketers and the amount approved for them are: Aiteo N4,988,199,360; Conoil N5,588,285,132; Forte Oil N15,480,445,907; Bovas N5,953,684,258; Capital Oil N8,339,052,402; Mobil N8,282,363,478; MRS Oil and Gas N20,948,270,002; Oando N14,972,585,600; Total N21,569,996,843.

read more…

Heads to roll as Fed Govt uncovers N62.555b fraud in NSITF
Thu, 19 Jul 2018
The Nigeria Social Insurance Trust Fund (NSITF) is a cesspool of fraud and lawlessness, a report has saidA Federal Government panel has uncovered about N62.555 billion fraud in the agency.The money was spent without proper accounting procedures being followed, according to the panel, which submitted its report to the government yesterday.Minister of Labour and Employment Chris Ngige said any member of the staff indicted by the report will face the law.The chairman of the Administrative Panel, Is
read more…

Heads to roll as Fed Govt uncovers N62.555b fraud in NSITF
Thu, 19 Jul 2018
The Nigeria Social Insurance Trust Fund (NSITF) is a cesspool of fraud and lawlessness, a report has saidA Federal Government panel has uncovered about N62.555 billion fraud in the agency.The money was spent without proper accounting procedures being followed, according to the panel, which submitted its report to the government yesterday.Minister of Labour and Employment Chris Ngige said any member of the staff indicted by the report will face the law.The chairman of the Administrative Panel, Is
read more…

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

Former CJN Katsina-Alu dies at 76
Thu, 19 Jul 2018
FORMER Chief Justice of Nigeria (CJN) Justice Katsina-Alu is dead at 76 years old.Katsina-Alu, who was CJN between December 30, 2009 and August 2011, was said to have died in the early hours of yesterday in an Abuja hospital after a brief illness.The former CJN hails from Ushongo Local Government Area, Benue State.Chief Justice of Nigeria (CJN) Justice Walter Onnoghen yesterday confirmed Katsina-Alus death.Onnoghen, in a statement issued yesterday by his media aide, Awassam Bassey, sent his hear
read more…

Former CJN Katsina-Alu dies at 76
Thu, 19 Jul 2018
FORMER Chief Justice of Nigeria (CJN) Justice Katsina-Alu is dead at 76 years old.Katsina-Alu, who was CJN between December 30, 2009 and August 2011, was said to have died in the early hours of yesterday in an Abuja hospital after a brief illness.The former CJN hails from Ushongo Local Government Area, Benue State.Chief Justice of Nigeria (CJN) Justice Walter Onnoghen yesterday confirmed Katsina-Alus death.Onnoghen, in a statement issued yesterday by his media aide, Awassam Bassey, sent his hear
read more…

Osun APC governorship primary now tomorrow
Thu, 19 Jul 2018
The Osun State All Progressives Congress (APC) has announced the postponement of its governorship primary till tomorrow.It was earlier scheduled for today to pick the partys candidate for September 22 election.The party attributed the postponement to unforeseen development.The post Osun APC governorship primary now tomorrow appeared first on The Nation Nigeria.
read more…

Osun APC governorship primary now tomorrow
Thu, 19 Jul 2018
The Osun State All Progressives Congress (APC) has announced the postponement of its governorship primary till tomorrow.It was earlier scheduled for today to pick the partys candidate for September 22 election.The party attributed the postponement to unforeseen development.The post Osun APC governorship primary now tomorrow appeared first on The Nation Nigeria.
read more…

Northwests move to tackle common challenges
Thu, 19 Jul 2018
Again, governors of the troubled Northwestern states have met in Kaduna to chart a new course for the economic prosperity of their zone. They came up with a strategy to tackle the regions peculiar security challenges. ABDULGAFAR ALABELEWE analyses the viability of this strategy.IT was the second time they would be holding such meeting in three years. On July 7, governors of the Northwest states of Kaduna, Kano, Jigawa, Zamfara, Katsina, Sokoto and Kebbi converged on Kaduna to find a lasting solu
read more…

Northwests move to tackle common challenges
Thu, 19 Jul 2018
Again, governors of the troubled Northwestern states have met in Kaduna to chart a new course for the economic prosperity of their zone. They came up with a strategy to tackle the regions peculiar security challenges. ABDULGAFAR ALABELEWE analyses the viability of this strategy.IT was the second time they would be holding such meeting in three years. On July 7, governors of the Northwest states of Kaduna, Kano, Jigawa, Zamfara, Katsina, Sokoto and Kebbi converged on Kaduna to find a lasting solu
read more…

National carrier Nigeria Air unveiled in London
Thu, 19 Jul 2018
THE Federal Government has unveiled the name and livery for the national carrier that would be launched at the end of this year.Minister of State for Aviation Senator Hadi Sirika unveiled the airlines name, Nigeria Air, at the Farnborough Airshow in London, United Kingdom, yesterday.The event was attended by stakeholders, aircraft manufacturers, prospective investors and Nigerian government delegation, including the Permanent Secretary Federal Ministry of Transportation, Sabiu Zakari.Others, who
read more…

National carrier Nigeria Air unveiled in London
Thu, 19 Jul 2018
THE Federal Government has unveiled the name and livery for the national carrier that would be launched at the end of this year.Minister of State for Aviation Senator Hadi Sirika unveiled the airlines name, Nigeria Air, at the Farnborough Airshow in London, United Kingdom, yesterday.The event was attended by stakeholders, aircraft manufacturers, prospective investors and Nigerian government delegation, including the Permanent Secretary Federal Ministry of Transportation, Sabiu Zakari.Others, who
read more…

Lagos public school candidates yet to get WASSCE results
Thu, 19 Jul 2018
Two weeks after the West African Examinations Council (WAEC) released results of the West African Senior School Certificate Examination (WASSCE) for school candidates, SS3 pupils of Lagos State public schools have been unable to access their results.Mrs Kehinde Obasola, whose ward attends State Senior High School, Agege, said she was unable to access the result on WAECs website (www.waecdirect.org).When I checked online, I saw not yet released after typing in my nieces details.She told me they s
read more…

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

Controversy over Zamfara APC congresses
Thu, 19 Jul 2018
The Zamfara State All Progressives Congress (APC) has been hit by a crisis, following its disputed ward, local government and state congresses. The battle line is drawn between supporters of Governor Abdulazeez Yari and those of Senator Kabiru Marafa. Who laughs last’ Group Political Editor EMMANUEL OLADESU examines the effects of the acrimony on the troubled chapter.Zamfara State Governor Abdulaziz Yari and Senator Kabiru Marafa have not closed ranks, months after the rancorous ward, counc
read more…

I hope artistes will talk about social issues Femi Leye
Thu, 19 Jul 2018
Afro-jazz guitarist/vocalist Femi Leye, in this interview with Adefemi Bello, speaks on challenging moments on his career and also tasks Nigeria artistes on socio-consciousness among other issues.What are the good and bad moments you have experienced’I thank God where music has taken me today. I have performed within this country and out this country. Major challenges are acceptance of my music. You know, the type of my music that I do is very humbling. Of course, I have bad days. For insta
read more…

APC chieftain congratulates Fayemi
Thu, 19 Jul 2018
A member of the Board of Trustees and National Vice-Chairman (South West) Contact and Mobilisation Committee of the Buhari Campaign Organisation (BCO), Dr. Fola Akinosun, has congratulated Dr. John Kayode Fayemi on his victory at the governorship election in Ekiti State.In a statement in Ibadan, Oyo State capital, Akinosun described Fayemis victory as a watershed and the fulfilment of the wish of the people of Ekiti State.He said: I am particularly happy that our wish and prayers of BOC was answ
read more…

Davido hints at marriage with lover
Thu, 19 Jul 2018
After singing Assurance for and presenting a sports car to his girlfriend Chioma to mark her birthday, hip hop superstar Davido has revealed he wants to spend the rest of his life with her.Taking to Instagram over the weekend, Davido posted a picture of Chioma, who goes by the name ChefChi, on Instagram.The Love of my life, Davido who has been blazing on the global music scene captioned the picture.Cant wait to spend forever with you.Expectedly, the post attracted loads of response from his fans
read more…

Oshiomhole should save Taraba APC from collapse
Thu, 19 Jul 2018
All Progressives Congress (APC) member in Taraba State have urged the National Chairman, Comrade Adams Oshiomhole, to intervene in the crisis rocking the party and save it from self- destruction ahead of next years general elections.The stakeholders under the aegis of Taraba APC Neutral Group (TANEG) said Oshiomhole must reconcile the two factions in the state to give them a sense of belonging.The chairman of the group, Aliyu Madaki Babagida, told reporters in Abuja that the friction between the
read more…

Kunle Afolayan unveils 1965 Ford Thunderbird
Thu, 19 Jul 2018
Ace movie maker Kunle Afolayan has added a vintage 1965 Ford Thunderbird to his collection of cars.Sharing the image of the maroon-coloured car which bears IRE OO as the license plate on Instagram, Afolayan wrote, Be different. I am! #standout #value #classic #vintage @adekunlegold @vintagecarsnigeria @vintagecarscollector Thunderbird Ford 1965.The 1964 to 1966 model is the fourth generation of the Ford Thunderbird has a V8 engine which pushes the car to 60 mph (96 km/h) in nearly 11 seconds.Afo
read more…

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

Remembering Segun Awolowo
Thu, 19 Jul 2018
Veteran journalist Otunba Kunle Olasope revisits the life and times of the late Segun Awolowo, lawyer and eldest son of the late sage, Chief Obafemi Awolowo, who passed on at the prime of life without reaching his potential.Having celebrated my 80th birthday elaborately on May 8, 2017 (courtesy of my loving and appreciative children, Jumoke, Dapo, Dipo, Tayo, Dale and Deola), I decided to mark the date this year on a low key. After a period of devotion to thank God for His mercies, I went into a
read more…

Bantu to tour Germany
Thu, 19 Jul 2018
The thirteen member band, Bantu, is set to tour five German cities in July. The tour will take the Afrocentric group to Hagen, Recklinghausen, Muelheim a.d. Ruhr, Bochum and Koln between Wednesday, July 18 to Sunday, July 22, 2018.In an email statement signed by the bands leader, Ade Bantu, the band shared its excitement on the German tour.Its been a while since we last performed in Germany, so you can imagine how excited we are about our upcoming 5 city tour, it said.The show will feature the c
read more…

Ogun flood: FGN to provide relief materials to victims Osinbajo
Thu, 19 Jul 2018
Vice President Yemi Osinbajo on Wednesday visited places affected by recent flood that occurred in Abeokuta and its environs, assuring that the Federal Government would come to the aide of the Ogun State government with relief materials for the victims.Osinbajo who described the last Friday flood that ravaged homes, business premises, bridges and even claimed lives, as very very unfortunate, said aside the immediate provision of succour to the victims, further assistance would be provided on a p
read more…

Basement Gig to host Jeff Akoh, others
Thu, 19 Jul 2018
The winner of Season 8 of Project Fame West Africa and Shokolokobangoshe crooner, Jeff Akoh, will be among headliners for the July edition of Basement Gig, a monthly music concert with performances by new and emerging acts. The even holds on July 19, 2018 at Alba Lounge Victoria Island, Lagos.Akoh will join other headliners which include Kid Marley & 3rty, Dunnie, Limerick, Lyta and Spyro with guest DJs, DJ Java and DJ Sensei Lo.The July edition which kicks off the Summer series will have th
read more…

Taraba community: Weve lost 62 persons to herdsmen attack
Thu, 19 Jul 2018
Yandangs seek justiceThe Yandang Community in Taraba state on Wednesday said the killing of six Yandang traders at Iware market square, a Jalingo suburb, on Tuesday, has brought the total number of its natives killed by herdsmen to sixty two, only from last Sunday.Six Yandangs, already displaced by Fulani herdsmen hostilities in Lau local government area, were hacked to death when they brought cows to Iware market to sell and alleviate their sufferings in an IDP camp.They were trailed and brutal
read more…

Nigerian University Students to honour Brymo
Thu, 19 Jul 2018
Nigerian University Students under the aegis of the Nigerian Universities Merit Awards are set to honour music act, Olawale Ashimi, popularly known as Brymo.The Awards which started in 2017 is the official University Awards for Nigerian Universities holds every year with the aim to honor outstanding students, brands and organisations across all Universities in Nigeria.On why the organizers chose to honour Brymo, Farombi Oluwaseun, the media officer of the organising brand, said Brymo style of mu
read more…

Film adaptation of Imagine This by Nigerian-British novelist
Thu, 19 Jul 2018
`Imagine This, award winning book by Nigerian-British writer Sade Adeniran is currently being developed into a feature film.Adeniran, who is scripting and producing the film, revealed this at an interview with a UK based media Shadow and Act which she shared on her Twitter page @Imagine_This on Tuesday.The novel won the 2008 Commonwealth Writers Prize for Best First Book (African region), and was shortlisted for the World Book Day Books to Talk About award.The script has reached the second roun
read more…

Comedian Ali Baba gives relationship goals
Thu, 19 Jul 2018
Veteran comedian Alibaba Akpobome a.k.a Ali Baba says understanding your spouses career, is key to healthy relationships.Alibaba, who is known for his discussing controversial issues, took to his Instagram page @alibaba to share his relationship goals.He said that there is the need for couples to always prioritise their relationships no matter their hectic schedules.He wrote, I have taught this to many married women, who say their husband is too busy and several of them listened and snapped out
read more…

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

Senate probes Kachikwu over alleged oil/ gas sector deals
Thu, 19 Jul 2018
The Senate yesterday asked its Committee on Petroleum Resources (Upstream) to investigate alleged irregularities in the oil and gas sector lease renewal.The upper chamber said the lease renewal being undertaken by the Minister of State for Petroleum Resources, Mr. Emmanuel Ibe Kachikwu and the Department of Petroleum Resources (DPR), has led to massive loss of revenue.It said the Committee should submit its findings within four weeks as well identify appropriate measures to correct the alleged a
read more…

Council stresses importance of tree planting
Thu, 19 Jul 2018
I Gando-Ikotun Local Council Development Area (LCDA) Chairman Chief Morenike Adeshina-Wiliams has emphasised the importance of tree planting to living.She spoke at this years Tree Planting Day held in Igando, Lagos. She said because trees help to fend off bad winds, it was important that Nigerians planted trees to be safe.Represented by Mopelola, the chairman urged the people embrace the culture of tree planting.Lagos State Commissioner for the Environment Mr Babatunde Durosimi-Etti, represented
read more…

NOSDRA to SNEPCo: obey court order on Bonga oil spill
Thu, 19 Jul 2018
The National Oil Spill Detection and Response Agency (NOSDRA) has urged Shell Nigeria Exploration and Petroleum Company Limited (SNEPCo) to pay the $3.6 billion fine slammed on it by Lagos Federal High Court.The compensation is for the settlement of 350 communities in the Niger Delta region who were affected by the spill.NOSDRA Chairman, Senator Ayo Akinyelure, who spoke in Abuja, said the oil spillage which occurred December 20, 2011 due to exploration within Oil Mining Lease (OML) 118 severely
read more…

Lafarge rewards loyal customers
Thu, 19 Jul 2018
Building solutions provider, Lafarge Africa, has rewarded its loyal customers and key distributors for excellent performance in the year.The event held at the Lagos Sheraton Hotels, Ikeja.Lafarge Africa Managing Director, Mr. Michel Puchercos, expressed appreciation to the distributors for their performance and contributions to the company.As our customers, you are at the heart of our very existence. If you do well, we do well; if you dont do well, we dont do well. Such is our symbiotic relation
read more…

How to preserve Lagos, by experts
Thu, 19 Jul 2018
Climate change is a global threat. Lagos State, with its peculiar topography, has become the focus of attention. Environmental experts have warned that the Centre of Excellence risks being submerged, if steps are not taken, MUYIWA LUCAS reports.Environmentalists have warned that Lagos, like cities threatened by climate change, may be wiped out by 2050.By 2030, the state might be under water, if urgent steps were not taken by the government to arrest the situation.The environmentalists, who met i
read more…

Flared gas enough to generate 3000Mw
Thu, 19 Jul 2018
Flared gas in Nigeria is enough to generate between two and three gigawatts (Gw) of electricity, The Nation has learnt.Nigerian Gas Association (NGA)President, Dada Thomas, spoke while speaking on natural gas under-utilisation to power the economy.In a document titled: Natural gas as a catalyst for Nigeria economic transformation: Technical challenges and opportunities, Thomas, who is also the Chief Executive Officer, Frontier Oil Limited, said the country with 192 trillion cubic feet (Tcf) rese
read more…

Reps to CBN: mop up mutilated notes
Thu, 19 Jul 2018
The House of Representatives has ordered the Central Bank of Nigeria (CBN) to immediately begin the withdrawal of all mutilated naira notes from banks across the country.The House urged the apex bank to replace the mutilated notes particularly the N100 note with new ones.It also mandated its Committee on Banking and Currency to investigate black-marketing of mint naira notes on the streets.The resolutions were sequel to a motion on the need to investigate the sale of the mint naira notes and s
read more…

NCC: technologyll burst call masking
Thu, 19 Jul 2018
The Nigerian Communications Commission (NCC) yesterday pledged to deploy the requisite technology that will enable the tracking of subscriber identity module (SIM) boxes used to perpetuate the fraud of call masking and refilling.This is just as the House of Representatives Committee on Financial Crimes expressed satisfaction with the measures so far taken by the regulator to tackle the menace in the country.Speaking while leading other members of the committee to a high-level meeting at the Head
read more…

Visa releases World Cup spending data
Thu, 19 Jul 2018
Visa, the official payment services partner of FIFA, has released an analysis of spending inside the 2018 FIFA World Cup Russia stadiums from the opening match on June 14 through the semi-finals on July 11.The data highlights the increased consumer adoption of innovative payment technology, as 50 per cent of purchases with Visa in tournament venues utilised contactless transactions, including cards, mobile devices and wearables.Visa cardholders on average spent 1,408 rubles (approximately $23) p
read more…

[better-ads type=”banner” banner=”13566″ campaign=”none” count=”2″ columns=”1″ orderby=”rand” order=”ASC” align=”center” show-caption=”1″][/better-ads]

Royal Exchange grosses N12.8b premium in 2017
Thu, 19 Jul 2018
Royal Exchange Plc yesterday released its audited report for the 2017 business year, showing modest increase in gross premium written from N12.5 billion in 2016 to N12.8 billion in 2017.Key extracts of the audited report and accounts for the year ended December 31, 2017 showed that net premium income stood at N7.1 billion while underwriting profit amounted to N7.6 billion. Total assets grew marginally by five per cent from N31.7 billion in 2016 to N33.3 billion in 2017. Net claims paid in 2017 s
read more…

Adebutu and the Comedy of Fake News
Thu, 19 Jul 2018
In what could be summarised as a desperate, but fanged attack on the reputation of Segun Adebutu, Petrolex chairman and younger brother to a 2019 PDP gubernatorial aspirant in Ogun state, certain falsehood and deliberate fabrication of events have been peddled across the media with the aim of securing low-priced political advantage. Their poorly and hurriedly thought-out concepts can best be described as entertaining to the comity of naysayers, and an unfair treatment of a man who has impacted h
read more…