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BREAKING: Nigerian Envoy To Côte d’Ivoire Dies

Ambassador Ibrahim Isah, Nigerian Ambassador to the Republic of Cote d’Ivoire is dead. He died after a protracted illness. This was disclosed by the Ministry of Foreign Affairs in a statement signed by the ministry’s spokesman, George Edokpa on Wednesday. The statement which says the envoy, a career diplomat, died on Tuesday in Abidjan added that the Minister of Foreign Affairs, Geofrey Onyeama and members of staff of the ministry received the sad news of his death with great shock. The statement further prayed the…

Ex Champion Dropped From Australian Open At First Hurdle

Ex-world number one and two-time champion, Victoria Azarenka has been dropped from the Australian open at the first hurdle on Tuesday, throwing away a one-set lead against Laura Siegemund. Belarus’ Victoria Azarenka reacts after a point against Germany’s Laura Siegemund during their women’s singles match on day two of the Australian Open tennis tournament in Melbourne on January 15, 2019. The Belarusian, who has tumbled down the rankings since the birth of son Leo and a messy custody battle afterwards, slumped out 6-7…

BREAKING: Egypt To Host 2019 Africa Cup Of Nations

Egypt will host the 2019 Africa Cup of Nations between June 15 and July 13, Confederation of African Football (CAF) President Ahmad Ahmad announced in Dakar Tuesday. The CAF executive committee preferred Egypt to South Africa as replacements for original hosts Cameroon, who were dropped due to delays in preparations and concerns over security. DETAILS LATER.

CBN Attributes Nigeria’s Rice Importation Cut To Its Forex Policy

The Central Bank of Nigeria (CBN) has announced a drastic reduction in the importation of rice into Nigeria in 2018, given figures obtained from various official sources. Speaking in a statement by its Director of Corporate Communications, Mr Isaac Okorafor, the CBN said it relied on data obtained from India and Thailand to arrive at its conclusion. Okarafor said Thailand and India only sold about 5,161 and 426 metric tonnes of rice to Nigeria as of September and July, respectively. The apex bank attributed the…

PDP Slams FG, Your Lies On Economic Recovery Chasing Investors From Nigeria

The Peoples Democratic Party (PDP) has accused the All Progressives Congress (APC) and the President Muhammadu Buhari-led Federal Government of purveying fake news in the country. The party, in a statement by its National Publicity Secretary, Kola Ologbondiyan, on Sunday, said the Minister of Information and Culture, Lai Mohammed, and the APC to do the needful, instead of the "lame attempts at whitewashing the government and his party even when Nigerians know that they are behind the escalation of fake news in Nigeria".…

First Bank FC Defeats CBN To Win AFIFC

First Bank Football Club has emerged winners of the latest edition of the All Financial Institutions Football Competition (AFIFC). In a pulsating encounter at the Ilorin Township Stadium, Kwara State on Saturday, First Bank defeated hard fighting defending champions CBN Football Club by 1-0. The goal scored in the 67th minute of the game by number 14 jersey for First Bank, Gafaru Lasisi was all that made the difference in a between both teams. Speaking at the event, the CBN Governor, Mr. Godwin Emefiele, CON,…

Forex: CBN Injects Fresh $210m

As part of its weekly intervention to meet customers requests, the Central Bank of Nigeria has injected the sum of $210 million into different segments of the inter-bank foreign exchange market. According to figures released by the apex Bank on Tuesday, authorized dealers in the wholesale segment received the sum of $100 million, while $55 million was allocated to the Small and Medium Enterprises (SMEs). Also, the invisibles segments, which comprises of customers requiring forex for tuition fees, medical payments and…

The NHIS Was Set Up To Help The Poor, Now It Is Helping The Rich

When Prof. Usman Yusuf was invited from the United States and appointed as the Executive Secretary of the National Health Insurance Scheme in 2016, he must have congratulated himself and saw an opportunity to help his country. The scheme is aimed at providing easy access to healthcare for all Nigerians at an affordable cost through various prepayment systems. Established under the National Health Insurance Scheme Act, Cap N42, Laws of the Federation of Nigeria, 2004, the NHIS had been struggling to realize its mandate and…

Jim Iyke Not The Owner Of Mr Taxi – CEO

CEO of Mr Taxi App, an internet enabled transport scheme, has disclosed that Nollywood actor, Jim Iyke, doesn’t own the company. The Chief Operating Officer of the company, Mr Austin Nnaemeka, made the revelation at a press conference for the launch of the company in Awka, Anambra State describing the actor as an impostor. Nnaemeka said the Nollywood star was only contracted as a brand ambassador of the company but was relieved of his job after he started claiming ownership of the company. He said; “Jim Iyke…

Memo: ‘Another Executive Lie Busted,’ Shehu Sani Trolls El-Rufai As Buhari Disowns Governor

Senator Representing Kaduna Central, Shehu Sani, has thanked President Muhammadu Buhari for distancing himself from a letter alleging that the President authorised Kaduna state governor Governor Nasir el-Rufa’I to recall him (Sani) from the National Assembly. Sani, in a statement on Sunday evening, described the President's action as timely. Thank you President Buhari for clearing the air on the calumnious memo ;Even though I never believed that the President can ‘Direct’ a Governor to “recall a disloyal…