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Lagos commissioner resigns over Ambodes defeat, joins PDP
Thu, 06 Dec 2018
Samson Folarin The Lagos State Commissioner for Energy and Mineral Resources, Olawale Oluwo, has resigned. Oluwo not only resigned his appointment as a commissioner, but also renounced his membership of the ruling All Progressives Congress. In a letter that he submitted to the APC chairman in Lagos State, the former commissioner said his decision was
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Dangers in consuming expired products
Thu, 06 Dec 2018
Many Nigerians are not in the habit of checking products expiry dates. For those who do, they do only for consumables (mostly food and drugs). In fact, when it comes to cosmetics, toiletries, insecticides, disinfectants, body spray and other personal care products, the checking of the expiry dates on the product label is not taken
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Defeat at Wolves:I saw a team without a reaction, says Chelsea coach
Thu, 06 Dec 2018
Maurizio Sarri accused his Chelsea players of over-confidence after throwing away a lead to lose 2-1 at Wolverhampton Wanderers on Wednesday. Chelsea looked to be on course for victory thanks to Ruben Loftus-Cheeks early opener as the visitors dominated the first-half, but two goals in four second-half minutes saw Wolves secure their first win in
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Icardi eyes Ronaldo match-up as Inter bid to halt Juventus
Thu, 06 Dec 2018
Mauro Icardi said he was relishing the chance to measure himself against Cristiano Ronaldo for the first time as Inter Milan travel to Turin on Friday looking to inflict the first defeat of the season on Italian champions Juventus and keep the Serie A title race alive. Juventus have set a frenetic pace this season
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NBA: Curry carries Warriors over Cavs, Thunder roar back
Thu, 06 Dec 2018
Stephen Curry scored 42 points to lead the Golden State Warriors to a 129-105 victory over the Cleveland Cavaliers on Wednesday in an NBA Finals rematch in name only. Curry drained nine three-pointers and Kevin Durant added 25 points on nine of 16 shooting as the Warriors pulled away in the second half against a
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Little Messi forced to flee home
Thu, 06 Dec 2018
Murtaza Ahmadi moved the world with his love for footballer Lionel Messi in 2016. His dream of meeting the Argentinian came true, but now the seven-year-old boy is living a nightmare as one of thousands of Afghans displaced by war. Murtaza and his family abandoned their home in southeastern Ghazni province in November, along with
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Five missing after two military planes crash
Thu, 06 Dec 2018
Rescue operations were underway on Thursday for five US marines missing after two American military aircraft crashed during a refuelling operation off the coast of Japan, the Japanese defence minister said. One crew member has already been rescued and is thought to be in a stable condition, Takeshi Iwaya told reporters. A spokesman for the
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Evans shot Young Shall Grow motors chair, killed two escorts witness
Thu, 06 Dec 2018
Oluwatosin Omojuyigbe A police officer attached to the Inspector-General of Police Intelligence Response Team, Idowu Haruna, on Wednesday narrated to a Special Offences Court how the alleged billionaire kidnapper, Chukwudumeme Onwuamadike, alias Evans shot the Chairman of the Young Shall Grow motors, Obianuju Vincent, in an attempt to kidnap him. Haruna told the court that
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Reps probe NASS workers protests, labour strikes
Thu, 06 Dec 2018
Leke Baiyewu, Abuja The House of Representatives has resolved to investigate the circumstances surrounding the protests by members of the Parliamentary Staff Association of Nigeria on Tuesday leading to the picketing of the chambers. The lower chamber of the National Assembly also urged President Muhammadu Buhari to forward the new minimum wage bill, as jointly
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2019: Gov Udom, PDP move to strengthen support base
Thu, 06 Dec 2018
Patrick Odey, Uyo Ahead of the 2019 general elections, the Akwa Ibom State Governor Udom Gabriel Emmanuel, and the Peoples Democratic party have stepped up efforts to strengthen their support base and galvanise the people in the state. The recent move followed the lingering supremacy battle between the PDP and its opposition All Progressives Congress
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Dont grant Atiku visa, group tells US Mission
Thu, 06 Dec 2018
Adelani Adepegba, Abuja A group, Forum of Non-Governmental Organisations in Nigeria,has asked the United States Mission in Nigeria not to grant visa to the Peoples Democratic Party Presidential flagbearer in the 2019 elections, former Vice President Atiku Abubakar. The group, which protested at the embassy in Abuja on Wednesday, stated that giving Atiku entry visa
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ADP picks OOU ex- accountant as Bankoles running mate
Thu, 06 Dec 2018
Tunji Bosun, Abeokuta The Action Democratic Party in Ogun State ,on Wednesday, announced a former Principal Accountant Olabisi Onabanjo University, Ago-Iwoye, Ijebu-North Local Government Area of the state, Mrs Oluwafunmilayo Oduwole as the running mate to governorship candidate of the party, Dimeji Bankole. The party in a statement signed by the state Publicity Secretary, Sunday
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Therell be dire consequences for rigging 2019 polls Orubebe
Thu, 06 Dec 2018
Tobi Aworinde, Abuja A former Minister of Niger Delta Affairs, Godsday Orubebe, has faulted the conduct of the 2015 elections and vowed that the 2019 elections would not be allowed to be rigged. Orubebe, who is a member of the Peoples Democratic Party, had stirred up controversy during the collation of the 2015 presidential election
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Hoodlums shoot at Ogun ADC campaign convoy
Thu, 06 Dec 2018
Tunji Bosun, Abeokuta Some people suspected to be political thugs on Wednesday reportedly attacked the convoy of the governorship candidate of the African Democratic Congress in Ogun State, Gboyega Isiaka. The PUNCH gathered that Isiaka, popularly called GNI, and his campaign train were going to Ibese in the Yewa North Local Government Area of the
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Taking the Buhari/Jubril story seriously
Thu, 06 Dec 2018
Abimbola Adelakun Those who refute the story of the substitution of President Muhammadu Buhari with a certain Jubril of Sudan typically deny the possibility of such and then descend to name-calling the conspiracy theorists spreading the rumour (lets call them the Jibrilists). This approach seemed to have further strengthened the conviction of the Jibrilists who
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APC crisis: Embrace peace, Oyegun tells members
Thu, 06 Dec 2018
Kamarudeen Ogundele, Abuja The immediate past National Chairman of the All Progressives Congress, Chief John Odigie-Oyegun, has urged aggrieved members of the party to embrace peace ahead of the 2019 general elections. He stressed the need for aggrieved APC members to embrace the Peace and Reconciliation Committee set up by the National Working Committee in
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Police ask parties to submit campaign itinerary
Thu, 06 Dec 2018
Deji Lambo The Lagos State Police Command on Wednesday ordered all political parties in the state to submit their campaign itineraries before embarking on any campaign. The Commissioner of Police in the state, Edgal Imohimi, while addressing governorship aspirants and political leaders during a security stakeholders meeting, in Ikeja, explained that such would enable the
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Alleged fraud: Court orders EFCC to produce Taraba APC governorship candidate
Thu, 06 Dec 2018
Justin Tyopuusu, Jalingo The Federal High Court sitting in Jalingo on Wednesday ordered the Economic and Financial Crime Commission to produce the governorship candidate of the All Progressive Congress, Alhaji Sani Danladi in court on January 15, 2019. Danladi, a former Acting Governor of Taraba, is facing a two-count of conspiracy and violation of financial
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Culture not enough reasons for child marriage, FGM
Thu, 06 Dec 2018
Dayo Ojerinde The Obi of Onitsha, Igwe Nnaeneka Achebe, has called for an end to child marriage and female genital mutilation, stating that cultures that support such should be abolished. Achebe made the statement on Tuesday in Lagos during the opening ceremony of the consultation dialogue with traditional and cultural leaders on child marriage and
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46 parties adopt Atiku, rally opposition against Buhari
Thu, 06 Dec 2018
Olusola Fabiyi and Adelani Adepegba The Coalition of United Political Parties has said it had selected the Peoples Democratic Partys candidate, Atiku Abubakar, as its candidate in the 2019 presidential election. By this decision, the CUPP which consists of over 46 parties, said the other presidential candidates of the member parties had ceased to be
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Yellow fever kills nine in Edo
Thu, 06 Dec 2018
Adekunle Peter, Benin The Edo State Government said on Wednesday nine persons were killed by yellow fever in the state. The Commissioner for Health, Dr David Osifo, disclosed this during an audience participatory programme on a Benin radio station. He also confirmed that 10 local government areas had been affected by the disease so far.
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Ogun hunters demand salaries to fight terrorism
Thu, 06 Dec 2018
Tunji Bosun, Abeokuta The Professional Hunters Association of Nigeria, Ogun State Chapter, on Wednesday offered to support Federal Government in the fight against terrorism in the country. The National Adviser of Board of Trustees of the association, Chief Yusuf Alao, said while receiving a confirmation certificate as the new National Adviser of the association and
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Supreme Court dismisses PDPs application against Kashamus faction
Thu, 06 Dec 2018
Ade Adesomoju, Abuja The Supreme Court on Wednesday refused the request to make an order of stay of execution of the judgment of the Federal High Court in Lagos which recognised the Adebayo Dayo-led executive committee as the authentic leadership of the Ogun State chapter of the Peoples Democratic Party. The Dayo-led faction is backed
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Security agencies ban use of weapons during campaign
Thu, 06 Dec 2018
Justin Tyopuusu, Jalingo As part of the effort to check violence during the 2019 general elections, heads of security agencies in Taraba State on Wednesday banned the use of motorbikes and weapons during campaigns. This was part of the resolution reached at a stakeholders meeting with political parties and the Independent National Electoral Commission, held
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NIM to produce consensus candidate in Jan
Thu, 06 Dec 2018
Kamarudeen Ogundele, Abuja The National Intervention Movement is to produce a consensus presidential candidate in January, it has been learnt. The NIM which prides itself as the Third Force is considering a list of 20 political parties among the 91 political parties registered by the Independent National Electoral Commission. Our correspondent gathered that the movement
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MMA2 protest: Bi-Courtney pays workers placed on redundancy
Thu, 06 Dec 2018
Maureen Ihua-Maduenyi Following the picketing of Bi-Courtney Aviation Services Limited, operators of the Murtala Muhammed Airport Terminal Two, by aviation unions and subsequent negotiations, the company has paid its workers placed on redundancy. The President of the Air Transport Services Senior Staff Association of Nigeria, Illitrus Ahmadu, told journalists on Wednesday that almost all the
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CPS: FG makes National Identification Number mandatory for workers
Thu, 06 Dec 2018
Nike Popoola The Federal Government has mandated all workers under the Contributory Pension Scheme to produce their National Identification Numbers as part of their pension requirements. The National Pension Commission disclosed this in a circular titled, Notice on mandatory use of National Identification Number for all existing RSA holders, on Wednesday. The circular read, The
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OPEC: Nigeria under pressure to join oil output cuts
Thu, 06 Dec 2018
Femi Asu Ahead of the meeting of the Organisation of Petroleum Exporting Countries today (Thursday), other members of the group have expressed their eagerness to rescind Nigeria and Libyas exemptions from oil production cuts and have them join efforts to ward off a supply glut. The production cuts deal, which began on January 1, 2017,
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Airtel confirms plans to establish Payment Service Bank
Thu, 06 Dec 2018
Ife Ogunfuwa Nigerias second largest network operator, Airtel, has confirmed plans to establish a Payment Service Bank in order to promote financial inclusion in the country. The telco, in a statement issued on Wednesday, said that it would apply for the PSB licence through a subsidiary as directed in the Central Bank of Nigerias guidelines,
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115 firms seek to close 4.7 million metering gap
Thu, 06 Dec 2018
Femi Asu The number of companies seeking to become meter asset providers in the Nigeria electricity supply industry has risen to 115, as over 4.7 million electricity customers remain unmetered. The Nigerian Electricity Regulatory Commission said in a document obtained by our correspondent that a total of 115 firms had been granted No Objection as
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Broadband: NCC gives nod to new technology for coverage
Thu, 06 Dec 2018
Everest Amaefule, Abuja The Nigerian Communications Commission on Wednesday gave its nod to the use of a new technology TV White Space that has the capacity to extend broadband internet coverage especially to rural communities and other underserved communities. Executive Vice -Chairman at NCC, Prof Umar Danbatta, conveyed the approval of the use
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Malabu: Russia asks Italy to drop charges against ex-envoy
Thu, 06 Dec 2018
Femi Asu with agency report The Russian government has asked Italy to be reasonable over a Russian citizen caught up in a Nigerian graft case in Milan and drop the charges against him, according to legal documents seen by Reuters. In September, an Italian judge sentenced two defendants to jail in the first ruling on
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Well not allow criminals to cripple business in Lagos
Thu, 06 Dec 2018
Etim Ekpimah Ahead of the Yuletide, the Assistant Inspector General of Police, Zone 2, Lawal Shehu, has assured Lagos State residents that the command will not allow criminals to cripple business activities in the state. He said the command was working day and night to ensure that every part of Lagos State was safe for
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NAFDAC bans use of antibiotics in animal feed
Thu, 06 Dec 2018
Anna Okon The National Agency for Food and Drug Administration and Control has issued a ban against the use of antibiotics (growth promoter and mould inhibitor) in animal feed. It has instead, encouraged the use of probiotics, enzymes and other healthy approved methods to enhance the growth and health of animals. The agency also frowned
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Create systems thatll check corruption, minister urges accountants
Thu, 06 Dec 2018
Ifeanyi Onuba, Abuja The Minister of Budget and National Planning, Senator Udo Udoma, has called on chartered accountants to create systems to check corruption and diversion of public funds. He said this when the executive of the Institute of Chartered Accountant of Nigeria visited him in Abuja Wednesday. The minister said the creation of effective
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CPC arrests two traders over fake electric wires
Thu, 06 Dec 2018
Chukwudi Akasike Officials of the Consumer Protection Council on Wednesday ordered the arrest of two traders at Okija Market in Port Harcourt, Rivers State, for selling fake electric wires to unsuspecting members of the public. The CPC also ordered the sealing of two shops where the fake wires were found, after seizing over a hundred
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We were cleared of N2.5bn fund misappropriation charge CRFFN secretary
Thu, 06 Dec 2018
Anna Okon The Registrar, Council for the Regulation of Freight Forwarding in Nigeria, Sir Mike Jukwe, has said that hes been cleared of the N2.5bn fund misappropriation charge brought against him by the House of Representatives. A member of the House of Representatives, Prestige Ossy, had in June, raised allegation of fraudulent activities against the
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Nigeria, African countries to collaborate on maritime sector development
Thu, 06 Dec 2018
Anna Okon The Federal Government of Nigeria has expressed its readiness to cooperate with sister countries and development bodies to advance Africas prosperity through the safe and sustainable use of the continents vast sea and ocean resources. The Minister of Transportation, Rotimi Amaechi, made this known in his speech at the first Sustainable Blue Economy
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Edo: Blackout temporary, were addressing it, says BEDC
Thu, 06 Dec 2018
Adekunle Peter, Benin The Corporate Affairs Manager of Benin Electricity Distribution Company Plc, Mr Tayo Adekunle, has described the current power crisis rocking the state as temporary. He said this in a statement made available to our correspondent in Benin. The statement came on the heels of the call made by the members of Benin
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AMPs will help AMCON recover N740bn Kuru
Thu, 06 Dec 2018
Nike Popoola The Managing Director/Chief Executive Officer, Asset Management Corporation of Nigeria, Mr Ahmed Kuru, has pledged the full support of AMCON to its Asset Management Partners in the pursuit to recover 20 per cent or N740bn of the total Eligible Bank Assets of AMCON portfolio of N3.7tn in the hands of debtors. In a
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NPA asks PFSOs to increase security at seaports
Thu, 06 Dec 2018
Anna Okon The Managing Director, Nigerian Ports Authority, Hadiza Bala-Usman has called on all Ports Facility Security Officers to double their efforts and remain vigilant in their various facilities in order to curb high level of insecurity and threats in Nigerias maritime domain. Bala-Usman made this call in her goodwill message at the 2018 edition
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Avoid pipeline rights of way, Shell urges residents
Thu, 06 Dec 2018
Chukwudi Akasike Shell Petroleum Development Company of Nigeria Limited has asked members of the public to stay away from oil and gas pipeline rights of way in order to avoid explosion that may occur due to more pressure in the pipelines. The SPDC also expressed worry over the continued attack on its pipelines by oil
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KEDCO laments inadequate power generation from grid
Thu, 06 Dec 2018
Ted Odogwu, Kano The Managing Director of Kano Electricity Distribution Company, Alhaji Jamil Gwamna, has said inadequate power generation from the national grid is hindering the firms efforts to distribute power to consumers. Gwamna also expressed displeasure over the non-payment of electricity bills by some customers which he said had negatively affected the revenue generation
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Falling oil pricell cause macroeconomic instability, inflation FSDH
Thu, 06 Dec 2018
Nike Popoola Following the significant drop in the price of crude oil in October, the FSDH Research has revealed that there will be macroeconomic instability on Nigerias economy if the price continues to fall. It disclosed this in its October Monthly Economic and Financial Markets Outlook: Will crude oil market receive the required stimulus, which
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Ikeja Electric wins recognition for innovation
Thu, 06 Dec 2018
Ikeja Electric Plc, one of the 11 electricity distribution companies in the country, has been recognised for being innovative. The firm said in a statement that it won the Innovation Award at the 12th edition of the SERAS CSR Awards, an annual event aimed at recognising and celebrating organisations for investing resources in the improvement
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Is your money coming back
Thu, 06 Dec 2018
Author of Practical Steps to Financial Independence and personal finance coach, Mr Usiere Uko, writes on building wealth through getting your money back The cash flow pattern for most individuals is one-way traffic it comes one way and leaves many ways. Hardly any comes back. Imagine a bus conductor, loading a bus and each
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Avoiding business failure through effective audit system
Thu, 06 Dec 2018
Ifeanyi Onuba When Mrs Angela Elendu retired from the public sector after 32 years of active service, she decided to start up a private business with the pension she got from the government. She then started a small scale business with about seven employees working for her. Thinking that she had recruited some of the
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Lafarge to raise N89.21bn in rights issue
Thu, 06 Dec 2018
Feyisayo Popoola Lafarge Africa Plc has said it plans to raise N89.21bn by way of a rights issue. The firm, in a statement signed by the Company Secretary, Lafarge Africa, Adewunmi Alode, said the decision was arrived at during the emergency board meeting in Lagos on Monday. It said following the resolution the shareholders earlier
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FBNQuest to transfer shareholding interest to FBNHoldings
Thu, 06 Dec 2018
Feyisayo Popoola FBNQuest Trustees Limited has announced the transfer of its shareholding interest from FBNQuest Capital Limited to the parent company, FBN Holdings Plc. The firm, in a statement signed by the Company Secretary, FBN Holdings, Seye Kosoko, on Monday, said the resolution for restructuring was passed by FBNQuest Capital, following which FBNQuest Trustees would
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