Saturday, January 16

Tag: Ownership

Nigerians to pay N4,000 monthly for solar system – Presidency
News

Nigerians to pay N4,000 monthly for solar system – Presidency

The presidency has revealed that about 25 million Nigerians who will be benfiting from the Federal Government’s Solar Home Systems that commences this week, will be paying a monthly fee of N4,000.   Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande who disclosed this in a statement titled “25m Nigerians to own 5m solar systems at N4,000 monthly" and released on Sunday November 29, added that the Federal Government's plan of commencing the process of installation of five million solar home systems in underserved and off-grid communities across the country is in continuation of the implementation of the government’s Economic Sustainability Plan.   The solar programme nicknamed Solar Power Naija, for which installations starts in Decembe...
Big Brother Africa winner, Idris Sultan Set to be Arraigned in Court for ‘failure to Register a SIM Card Previously Owned by Another Person’
News

Big Brother Africa winner, Idris Sultan Set to be Arraigned in Court for ‘failure to Register a SIM Card Previously Owned by Another Person’

Tanzanian comedian and 2014 Big Brother Africa winner, Idris Sultan will be arraigned in court a second time on Thursday, July 9, to face charges of 'failure to register a SIM card previously owned by another person' and 'failure to report change of ownership of a SIM card'. These charges were brought after he posted a video of himself on social media, laughing at an old photo of President John Magufuli wearing an oversized suit. � The famous Tanzanian comedian Idris Sultan (@IdrisSultan) is jailed after posting a video in which he was laughing at a picture of the President of Tanzania. See the video: pic.twitter.com/pDZYUJvNAg ? Comrade D�sir� (@ncambirwa) May 19, 2020
Dangote Group insist on ownership of Obu-Okpella Mines
Business

Dangote Group insist on ownership of Obu-Okpella Mines

The management of Dangote Group yesterday denied the claim by the BUA Group to the mining sites in Obu, Okpella, Edo State, as the latter said it relied on the Federal High Court recent judgment in Benin. Dangote advised the regulatory agencies to disregard completely the unfounded and mischievous claim and publication by the BUA Group, saying it was riddled with misrepresentations and deliberate distortions of facts Dangote Group in a statement signed by the Group Executive Director, Devakumar Edwin, explained that the Dangote Group, had through its lawyers vigorously defended the suit filed by the BUA Group seeking a perpetual Injunctive Order against further interferences with their purported fundamental rights to property and privacy. He said the Group has appealed the Hig...
South African Insurance Group, Sanlam Takes Full Ownership Of FBN Insurance In Nigeria
Business

South African Insurance Group, Sanlam Takes Full Ownership Of FBN Insurance In Nigeria

South African Insurance group Sanlam becomes the only shareholder in the Nigerian life insurance company FBN Insurance and its subsidiary FBN General Insurance. The acquisition follows a deal signed between FBN Holding (parent company of FBN Insurance and FBN General Insurance) and Sanlam which grants the South African company the ownership over the 65% stake held by FBN Holding in the two branches. Before the agreement was signed, Sanlam held 35% in FBN Insurance. The transaction, conducted through Sanlam’s business cluster focused on emerging markets, Sanlam Emerging Markets (SEM), has received all the necessary regulatory approvals. This confers the ownership of FBN Insurance (Life) and its subsidiary, FBN General Insurance Limited, on Sanlam. The deal, which was sealed ...
Davido Reacts To Father DMW Claiming Ownership Of His Bentley On IG
Celebs

Davido Reacts To Father DMW Claiming Ownership Of His Bentley On IG

Nigerian singer, music producer and DMW Boss, Davido reacts to DMW after he claimed ownership of his Bentley Truck in an Instagram video. Taking to instagram, the camera opens up on the comedian as he pulls over in Davido’s latest car, Bentley Truck. Father DMW wrote “2020 don’t play with me” He was asked where he was headed to he replied “Catch me in London” he said Davido reacts to the video online and replied “You don die” Davido wrote. Father DMW captioned “Don’t play with me. Meet me in London if you have Bentley“     View this post on Instagram   Don’t play with me. ? meet me in London if you have Bentley ///////////. @zlatan_ibile @aloma_dmw @biesloaded @dj4kerty ???? A po...
Chris Hughton reflects on ‘bizarre’ Newcastle sacking
Sport

Chris Hughton reflects on ‘bizarre’ Newcastle sacking

Chris Hughton says he found his dismissal by Newcastle United owner Mike Ashley as "bizarre". Ashley later admitted he was 'very unfair' and did not 'give him enough time' and while Hughton is 'grateful' for those comments, he insists he only ever wants to look back on his time on Tyneside with 'fondness'. "I think it was bizarre at the time. Generally, I haven't spoken too much about how I left but I think probably for me there was so much uncertainty at the club when I look at the time," he told ChronicleLive. "Even when we were back in the Premier League, and things were going well, there was still so much uncertainty about the ownership of the club that when I went, what I was very conscious of was to keep most of my thoughts private but just to be very proud of the job that m...
Thomas Markle slams daughter Meghan Markle, Says she Insulted The Queen and has “Dumped Every Family”
Celebs

Thomas Markle slams daughter Meghan Markle, Says she Insulted The Queen and has “Dumped Every Family”

Thomas Markle has slammed his daughter Meghan Markle again and accused her of treating Queen Elizabeth and the royal family shabbily. Thomas Markle Sr. was seen at an Office Depot in Rosarito, Mexico, and was asked if his daughter has the right to use the term "royal" as part of her brand. He replied by going off on his daughter. He said she has been disrespectful to The Queen and that she keeps dumping everyone in her life. He added that he's not surprised because it's her mode of operation. He said that Meghan and Prince Harry "don't have a right to speak to the Queen the way they've spoken to her." He was referring to Harry and Megan's statement where they said the Queen has no ownership of the word royal after she blocked them from using their Sussex Royal brand. He ...
U.S allegedly exposes and opposes Buhari administration’s plan to Hand Over $100m Abacha Loot to APC Governor, Abubakar Bagudu
Politics

U.S allegedly exposes and opposes Buhari administration’s plan to Hand Over $100m Abacha Loot to APC Governor, Abubakar Bagudu

Bloomberg reported that while the U.S. Department of Justice said Bagudu who spent six months in federal detention in Texas while awaiting extradition to the Island of Jersey was involved in corruption with Abacha, Buhari’s administration is insisting there is a 17-year-old agreement which entitles Bagudu to the recovered funds. Documents made available by the US Department of Justice revealed that the Kebbi State Governor who is a close ally of President Buhari was handed over to criminal trial in Jersey before he agreed to return $163m to Nigeria. He was subsequently released on bond to Nigeria where he was supposed to be prosecuted for money laundering, but that trial never took place. In the case involving Bagudu, the U.S. in 2013 initiated a forfeiture action against a host ...
Checkout this house with multiple owners on social media
News

Checkout this house with multiple owners on social media

Social media users have been left confused following multiple claim of ownership to a house in an undisclosed location. While some social media users claimed ownership of the house with the same caption, others used a totally different caption, leaving many confused and inquisitive to know who the real owner of the house is. Here are some tweets below;
FUNAM: Fulani Claims Ownership Of Land From Sokoto To The Atlantic
Politics

FUNAM: Fulani Claims Ownership Of Land From Sokoto To The Atlantic

A little known Fulani group that calls itself the Fulani Nationality Movement, (Funam) may have stoked ethnic nationalism in Nigeria with its claims of Fulani ownership of the country and its giving notice of planned conquest of the entire territory. FUNAM, which made a similar provocative statement in 2018, following the Benue massacre by herdsmen, returned to its familiar territory in a statement that further sharpened the ethnic cleavages in Nigeria. While the statement was a reaction to recent killings in Plateau state by armed Fulani herdsmen, its claim of the existence of a Fulani Strike Force that coordinated what it called a retaliatory attack against Birom people in Barkin Ladi, in Plateau state may ignite an arms race by Nigeria’s various ethnic groups. President of ...
LASEMA Boss Drags ex-lover to Court Over N45m Property
News

LASEMA Boss Drags ex-lover to Court Over N45m Property

The Director-General of the Lagos State Emergency Management Agency (LASEMA), Oke-Osanyintolu has dragged his ex-lover Ms Olaide Ibraheem to court over ownership of a property located at No.1 Baba Yusuf Close in Alausa, Lagos. Ibraheem was first arraigned before the Igbosere High Court on May 22, 2017 on three-count charge of forgery, forcible entry and criminal damage of the property which allegedly belongs to Oke-Osanyintolu. During the trial, the LASEMA boss' personal assistant and a signature expert testified before the court. Ibraheem who is the Director,  Admin and Human Resources in the Lagos State Office of Civic Engagement on her own part called in 6 witnesses which included a surveyor and a police officer. According to Oke-Sanyitolu, he paid for the N45m property by i...
Nigeria to Bar Imported Ships from 2022
News

Nigeria to Bar Imported Ships from 2022

The Federal Government has commenced the process of placing a ban on importation of certain categories of vessels into Nigeria by 2022 as part of efforts to encourage local participation in shipbuilding. The Director-General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, who disclosed this to journalists in Lagos, urged Nigerians firms to look into various financing options and go into a joint venture on areas that they are lacking capacity. He said the agency is vigorously pursuing the Cabotage Waiver Cessation Plan, and its currently engaging welders, aluminum and production firms among others to prepare them for their roles in vessel building. He said the agency is currently collaborating with the Nigerian Content Development and Monitorin...
Court Halts further Demolition of Saraki’s Property
News

Court Halts further Demolition of Saraki’s Property

A Kwara State High Court has issued an ex-parte injunction restraining the Kwara State Government from further demolition of late Olusola Saraki’s property. Recall that in the last few days, the demolition of Ile Arugbo which served as the political home of the late Kwara politician sparked off mixed reactions. In the judgement delivered in Ilorin on Monday January 6, the Kwara state government was ordered not to go near the land “either to construct or do anything on the land pending the determination of the Motion on Notice.” However one of the Saraki's family’s lawyers, Abdulazeez Ibrahim told The Nation that the court injunction is yet to be served to the parties involved because it was obtained almost at the close of work on Monday. He said; “It was true that we sec...
Bukola Saraki’s Sister Reacts to Demolition of Saraki’s  Family Property
News

Bukola Saraki’s Sister Reacts to Demolition of Saraki’s Family Property

At dawn today, Kwara state government demolished Senator Bukola Saraki family propert, “Ile Arugbo,” his sister Bukola Saraka has now reacted to it. The AbdulRahman AbdulRazaq-led Kwara government today demolished Bukola Saraki’s family property “Ile Arugbo” (old people’s home) built on land which ownership was recently revoked by the state. The Kwara state government has earlier stated that it will build a secretariat on the site after it recovered it. According to report, there were about 50 policemen on stand-by during the demolition process. In her reaction, Gbemisola Saraki, through her Special Assistant, Titilope Anifowoshe, issued a statement whicj read in part: “so many things have happened this year,in fact right up to the very dying hours of the year,but we wil...
Ronaldo was open to AC Milan move – former CEO Fassone
Sport

Ronaldo was open to AC Milan move – former CEO Fassone

The Rossoneri were in hot pursuit of the Portuguese star before he ended up moving to Juventus last summer Former AC Milan chief executive Marco Fassone claimed Cristiano Ronaldo was open to moving to San Siro before eventually joining Serie A champions Juventuslast season. Ronaldo swapped Real Madrid for Juve in a blockbuster €112 million (£102m/$124m) deal ahead of the 2018-19 season, however, there was apparent interest from Milan prior to the transfer. Ex-sporting director Massimiliano Mirabelli claimed Ronaldo was on the brink of signing for Milan before the former ownership – led by Li Yonghong – blocked the deal prior to hedge fund Elliott Management assuming control of the Italian team.
Top 5 Nigerian Artistes That Has Been Accused Of Stealing Someone Else’ Songs
Entertainment

Top 5 Nigerian Artistes That Has Been Accused Of Stealing Someone Else’ Songs

Many known artistes, including the upcoming ones, have attacked and accused each other in stealing their music or not giving them the credit as the original owner of the song. Below are the artistes that has been attacked before and the best that attacked them. 1. Davido: The “Assurance” master was once accused of property theft. In a song of his titled “Gobe”, an upcoming artiste known simply as “Password” went on the internet to express his dissatisfaction on how Davido stole his track and release it as his own. Password, however, released the song that was being sung in his own voice and truly, it was not different from what we heard from OBO also. It was rumoured that the latest Infinix ambassador decided to help the boy and take him to the next level. The authenticity o...
ICPC Moves to Seize Properties Worth N264m From 3 Civil Servants Working in Ministry of Niger Delta Affairs
News

ICPC Moves to Seize Properties Worth N264m From 3 Civil Servants Working in Ministry of Niger Delta Affairs

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has moved to seize plots of land and duplexes which values have been put at over N264 million from three civil servants working in the Ministry of Niger Delta Affairs. The properties, which are owned by Poloma Kabiru Nuhu, Mangset Longyl Dickson and Daniel Obah, currently under investigation by the Commission include 19 plots of land, 10 hectares of farm land and two duplexes, spread around Abuja and three towns in Rivers State. The 10 hectares of farm land located in Kuje, Abuja, was allegedly acquired through corrupt acts by Nuhu, a Principal Accountant with the ministry. The move to seize the properties follows an investigation by the Commission of the assets of Nuhu, Dickson and Obah, all st...
Court Orders Ecobank to Forfeit N22.5bn over Airtel Shares
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Court Orders Ecobank to Forfeit N22.5bn over Airtel Shares

A Federal High Court in Lagos has ordered O & O Networks Limited, a special purpose vehicle owned by Ecobank Transnational Incorporated, to pay the sum of N22.5billion, being proceeds of the wrongful sale of shares in Airtel Networks Limited by Ecobank to Bharti Airtel, into the court’s account. The decision is a fallout from the long-standing legal dispute between Mr. Oba Otudeko, a founding shareholder and former Chairman of Airtel Nigeria; his company, Broad Communications Limited; another founding shareholder of the company and O & O Networks now owned by Ecobank Transnational Incorporated. Otudeko and Broad Communications Limited had instituted a legal action in 2006 challenging Delta State Government’s acquisition of O & O network’s shares in Airtel Networks (form...
FG Wins Right To Prosecute JPMorgan Chase Over $875m Malabu Oil Fraud
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FG Wins Right To Prosecute JPMorgan Chase Over $875m Malabu Oil Fraud

A High Court in London headed by Justice Andrew Burrows has granted Nigeria’s plea to allow it proceed with the trial of JPMorgan Chase. The bank is alleged to have enabled the misappropriation of state funds totalling $875 million over the Oil Prospecting License, OPL 245. Mr Salihu Isah, Special Adviser on Media and Publicity to the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, (SAN) revealed this in Abuja on Friday in a press statement. Isah disclosed that JPMorgan Chase, a US bank had failed to halt the prosecution brought against it by the Federal Government. He said Justice Burrows in a 26-page verdict on Thursday stated that Nigeria had “reasonable grounds” for bringing a claim to the commercial division of the High Court, meaning it could ...
Patience Jonathan to Know Fate of Seized $153m On Monday February 11th
News

Patience Jonathan to Know Fate of Seized $153m On Monday February 11th

Federal High Court sitting in Lagos and presided by Justice Mojisola Olatoregun will on Monday, 11th February, 2019, deliver judgement in a motion for final forfieture of $153m (One Hundred and Fifty Three Million Dollars) linked to former first lady Dame Patience Jonathan by the Economic and Financial Crimes Commission, EFCC. The $153m (One Hundred and Fifty Three Million Dollars) is just one of the several forfeiture orders against the former first lady. The EFCC, through its Prosecution Lawyer, Rotimi Oyedepo, had in June 2017, approached the court and sought for an exparte order for interim forfeiture under Section 17 of the Advance Fee Fraud Act, Section 34 of EFCC Act and other related offences Act. The Judge granted the application and directed the EFCC to advertise the or...
Okocha Tips PSG to Win Champions League
Sport

Okocha Tips PSG to Win Champions League

Former Super Eagles captain, Austin ‘Jay Jay’ Okocha, has tipped his former club Paris Saint-Germain, to win the UEFA Champions League soon. Despite heavy investment in recent years from the club’s Qatari ownership, PSG have not made it past the Champions League quarter-finals, since they were knocked out at the semi-final stage in the 1994/1995 edition. Jay-Jay Okocha, however, remains confident that the Ligue 1 champions has what it takes to win the prestigious title. Speaking with Goal, he said; “I have no doubt that [at] some point they will win the Champions League, [it] is [a] matter of when. “You know because not just as a former player of PSG, I’m [a] big fan of the club too, and I also put pressure on the team to try and win the Champions League because that is the...
Anthony Joshua Becomes Glo Ambassador, stars in Brand New Commercial
Entertainment

Anthony Joshua Becomes Glo Ambassador, stars in Brand New Commercial

World heavyweight boxing champion, Anthony Oluwafemi Joshua was unveiled as the star of Telco giant Globacom’s new communication direction campaigns. This was announced at a media event in Lagos on Friday February 1,2019. The boxing icon described the network as his reliable partner. "I respect the ownership and management of Globacom and as a Nigerian, I believe charity must begin from home”. “I believe in Glo,” he said. The also spoke on the values Anthony Joshua and Globacom share: “We have the fastest speed, longest reach and the Nigerian fighting spirit as game changers. Glo, I hail o!” Joshua holds four major world championship belts, namely International Boxing Federation (IBF) title, World Boxing Association (WBA) title, World Boxing Organisation (WBO) title, and In...
BoI Debunks Vote-buying with Trader Moni
News

BoI Debunks Vote-buying with Trader Moni

The Bank of Industry (BoI) has debunked allegations that the TraderMoni is being used to buy votes from beneficiaries, adding that many of the people who accessed the scheme are already repaying the loans. Indeed, the bank noted that the recovered loans were being ploughed back into the system for further lending to willing beneficiaries. TraderMoni is one of the products developed under the Government Enterprise and Empowerment Programme (GEEP) targeting petty traders who do not meet the more stringent starting requirements of BVN, bank accounts, market associations and cooperatives required for bigger MarketMoni loans. The bank disclosed that it has recorded 1.2million new entrants into the formal financial system as new operators of bank accounts or mobile wallets under its...
Onnoghen’s Petitioners Are ‘Stupid’, Do Not Understand Constitution
News

Onnoghen’s Petitioners Are ‘Stupid’, Do Not Understand Constitution

A former Benue State Chief Justice Adun Ter Alex has described the petitioners of Justice Walter Samuel Nkanu Onnoghen, the Chief Justice of Nigeria (CJN), as “stupid”. Alex, who made this comment on “Democracy Today“, a live political programme on African Independent Television which was monitored by Naija News on Saturday, said the petitioners of the CJN lack good knowledge of the country’s constitution. Naija News had reported earlier that the Federal Government led by President Muhammadu Buhari, ordered Justice Onnoghen to immediately vacate office. This online news platform learned that the government will on Monday, January 14, 2019, arraign Justice Onnoghen before the Code of Conduct Tribunal (CCT) in Abuja, Nigeria’s capital on charges o...
Teleology Pulls Out of 9mobile
News

Teleology Pulls Out of 9mobile

Barely, two months after Teleology Holdings received approval to take over the operations of 9mobile as the preferred bidder, Teleology Holdings has expressed its dissatisfaction with the business relationship with its local partner, 9mobile Nigeria, and has decided to pull out from the 9mobile project, THISDAY has learnt. Investigation has further revealed that Teleology Holdings Limited will be seeking to exit its shareholding in the local joint venture, Teleology Nigeria Limited, which will be required to change its name. This development, it was learnt, will put the $50 million initial deposit paid for the acquisition of 9mobile by Teleology Holdings, in jeopardy. Sources close to the 9mobile told THISDAY that Teleology Holdings had become increasingly uncomfortable with actio...
Union Bank Claims Ownership Of N1 Billion Recovered By EFCC At Enugu Airport
News

Union Bank Claims Ownership Of N1 Billion Recovered By EFCC At Enugu Airport

One of Nigeria’s oldest financial institutions, Union Bank, on Friday night admitted ownership of a large consignment of cash which anti-graft operatives said they intercepted at the international airport in Enugu. The Economic and Financial Crimes Commission announced in a statement Friday evening that two men were arrested at Akanu Ibiam International Airport with a combined cash of $2.8 million (over N1 billion at N360 a dollar). The agency said the suspects mentioned their affiliation to Union Bank and Bankers Warehouse, a cash-in-transit contractor. The anti-graft office said it was investigating the recovery as money laundering. But Union Bank strongly denied wrongdoing, saying the practice was standard in the banking industry and its contractors were licenced by the Cent...
Fayose Reacts As EFCC Reportedly Seal Off Properties Belonging To Him
News

Fayose Reacts As EFCC Reportedly Seal Off Properties Belonging To Him

Former Governor of Ekiti state, Ayo Fayose, has denied ownership of six properties EFCC operatives  sealed off today claiming that they belong to him. There were reports earlier today that some properties linked to the governor in Abuja and Ekiti state, were sealed off with the sign ''EFCC, Keep off'' placed on them. The sealing of the properties may be connected to a court order which authorised the seizure of the properties suspected to have been built with corrupt proceeds. Recall that Fayose is standing trial for a N2.2 billion fraud perpetrated while in office.   Reacting to the news, Fayose in a statement released by his media aide, Lere Olayinka, denied ownership of the sealed properties. He said the agency went about sealing off properties belonging to innocent citize...
Wolves Boss Nuno Confident Of Keeping His Stars
Sport

Wolves Boss Nuno Confident Of Keeping His Stars

  Wolves boss Nuno is confident of keeping his squad together. The likes of Ruben Neves, Diogo Jota and Helder Costa are all aged 24 or younger. Nuno said he doesn't lose any sleep over the fear of losing his star men. "Not at all, Because I ask the player and if he tells me he wants to stay here, that's more important," Nuno said "The first thing you have to know is tell the player that this will come naturally in your life, don't try to rush it. If you rush it, it will be a mistake for you. If you want to achieve that, it is normal. "The ownership, as a club, has to make profit. That's another part of the game. You are preparing and working, building and making them things to sell. It's normal, but you also have to tell them 'don't do it now'. ...
Gen. Alkali Buried Amid Tears in Abuja
News

Gen. Alkali Buried Amid Tears in Abuja

The remains of late Maj.-Gen. Idris Alkali, which was found by a team of Nigerian Army on Search and Rescue Operation, was buried at Gudu Cemetery in Abuja on Saturday. The burial, which was concluded at around 3 p.m., was attended by the Chief of Army Staff, Lt.-Gen. Tukur Buratai, former Military Administrator of Lagos, Retired Brig-Gen. Buba Marwa, and former Minister of Works and Housing, Alhaji Sanusi Dagash. The funeral prayer, which was led by the Chief Imam of Abuja National Mosque, Dr Kabir Mohammad, amid tears, was attended by Muslims from within and outside the Federal Capital territory. Mohammed commended the Nigerian Army for ensuring thorough search which led to the recovery of the body of the deceased, described as a “national hero.” The chief Imam described ...
Delta Govt Hands Over Ogbeogonogo Market to Oshimili LGA
News

Delta Govt Hands Over Ogbeogonogo Market to Oshimili LGA

Delta State Government has formally transferred the ownership of Ogbeogonogo Modern Market to Oshimili South Local   Government Council. Speaking during the transfer ceremony in Asaba, the state Commissioner for Finance, Mr. David Edevbie, said the market was constructed by the state government a few years ago as one of the instruments to promote socio-economic activities of the area. The commissioner, represented by the Permanent Secretary in the ministry, Mr. Cornelius Semiteje said the market was re-constructed by the state government a few years ago following a fire incident. He said since its commissioning, the market has played a major role in the socio-economic activities of the state capital. In addition, Edevbie said the market has 824 shops with facilities like police post,...
Alex Bags Endorsement Deal With Real Estate Company
News

Alex Bags Endorsement Deal With Real Estate Company

Ex-Big Brother Star, Alex Asogwa has announced her new brand endorsement deal with a real estate company in Lagos. Alex signs deal with Jenesis Colony One time Big Brother Naija housemate, Alexandra Asogwa is counting her blessings as she recently inked an endorsement deal with real estate company, Jenesis Colony. Alex Asogwa The third runner up of the widely acclaimed reality show took to Instagram  to make the big announcement. She wrote: "Naomad Agency @naomadagency proudly announces the endorsement deal between Jenesis Colony @jenesiscolony1 and Alex Asogwa @alex_unusual. "The Jenesis Colony team chose Alex because of her love for positively motivating Youths and promoting the need for a better life and standard of living. Jenesis Colony’s aim is making house owne...
Ronaldo Is Probably The Best Player , Not Easy To Replace – Paratici
Sport

Ronaldo Is Probably The Best Player , Not Easy To Replace – Paratici

Juventus sporting director Fabio Paratici said Monday it was not easy to replace a player of the calibre of Cristiano Ronaldo as he also dismissed a return to Italy for Manchester United’s French World Cup winner Paul Pogba. Ronaldo, 33, joined Juventus from Real Madrid last summer for 100 million euros ($115 million). The Spanish club have lost three and drawn one of their last four matches and are currently fourth in La Liga. Ronaldo “Ronaldo is probably the best player in the history of the game so he isn’t easy to replace,” Paratici told journalists at the Manlio Scopigno ceremony at Rieti in central Italy after receiving a “Manager of the Year” award. Paratici revealed that the five-time Ballon d’Or winner had been keen from the outset to join Juventus. “We talked about i...
Jim Iyke Disgraced By Owners Of Taxi Company After He Claimed To Be The CEO
Entertainment

Jim Iyke Disgraced By Owners Of Taxi Company After He Claimed To Be The CEO

Nollywood actor, Jim Iyke is in the news again for the wrong reason after being called an impostor by owners of Mr Taxi App. Jim Iyke Owners of Mr Taxi App, an internet enabled transport scheme, have disowned a popular Nollywood actor, Jim Iyke, dismissing his claim of ownership of the company, according to a report by ThisDay. In a press statement, the firm’s Chief Operating Officer, Mr Austin Nnaemeka disowned the actor in a news conference to mark the inauguration of the company in Awka, Anambra State on Friday night. At the conference, Nnaemeka described the controversial actor as an impostor, noted that he had no contribution whatsoever in the setting up of the company. Contrary to the claims of ownership of the company by the Nollywood star, Nnaemeka said Iyke wa...
Poor Financing Hindering Nigerian Firms In Oil Industry
News

Poor Financing Hindering Nigerian Firms In Oil Industry

The Nigerian Agip Oil Company (NAOC) Joint Venture, comprising Agip, the Nigerian National Petroleum Corporation (NNPC) and Oando, on Friday identified lack of funding as a major impediment to Nigerian companies operating in the oil and gas industry. The JV partnership noted that it was important to look for ways to make funds available for Nigerian-owned ventures if the country was to achieve the projected self-sufficiency in executing ground-breaking contracts and projects. Vice Chairman/Managing Director of NAOC, Mr. Lorenzo Fiorillo, who spoke in Yenagoa, Bayelsa State capital during a workshop organised for industry operators, said however, that the collaboration with three Nigerian banks had greatly minimised the problem. The two-day workshop had as its theme ‘Business finance o...
Roman Abramovich To Sell Chelsea On One Condition
Sport

Roman Abramovich To Sell Chelsea On One Condition

Chelsea owner, Roman Abramovich, is reportedly willing to sell the West London club if his £3billion valuation is met. According to Bloomberg, the Russian billionaire remains ‘frustrated by his British visa problems’ and is open to bids to finally sell the Blues once the right offer is met. Abramovich encountered problems renewing his existing visa in June amid rising political tensions between Russia and Britain. The Stamford Bridge club were forced to deny reports last month that the 51-year-old is looking to cash-in after 15 years in West London. An offer of £2billion was said to have been tabled by Britain’s richest man Sir Jim Ratcliffe, but it will take a far bigger bid for Abramovich to sell Chelsea. Recall that Roman Abramovich rejected an approach from Ratclif...
Obaseki’s Land Reform: EDOGIS Opens For Business, Assures On Customer-Friendly Services
News

Obaseki’s Land Reform: EDOGIS Opens For Business, Assures On Customer-Friendly Services

Managing Director, Edo Geographic Information Service (EDOGIS), Arch. Frank Evbuomwan, has said the agency will open for business to members of the public, from Monday, September 17, assuring of world class customer-friendly service. Obaseki Evbuomwan, in a chat with journalists, said EDOGIS has deployed a fully automated root-to-leaf system to collect, collate, verify and digitise all geospatial data and is responsible for issuing Certificate of Occupancy (C-of-O). He said individuals and groups who have reasons to transact business with the agency are advised to visit EDOGIS, located at No. 102 Sapele Road, by former Water Board Building, Benin City. According to him, “EDOGIS is the successor government agency to the erstwhile Ministry of Lands and Surveys (later known as La...
Lagos House Of Assembly Member, Two Others Caught With Illegal Firearms, Arrested
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Lagos House Of Assembly Member, Two Others Caught With Illegal Firearms, Arrested

The police in Lagos on Saturday said they had arrested a member of the Lagos State House of Assembly and two others for alleged unlawful possession of firearms, NAN reports. The spokesman of the command, Chike Oti, said that the suspects were undergoing interrogations. “The first and second suspect, Wale Oye (37) and Ganiyu Ajiboluwa (47), were arrested on July 12, at about 5.45 p.m. by a team of Inspector-General of Police X-Squad operatives on patrol at Apple Junction, along Festac extension, Amuwo Odofin.   “A single barrel Mossberg pump action rifle with identification No. B/NO D512429, one Zirve Magnum pump action rifle with No. B/NO 45639 and two live cartridges were recovered from the suspects.   “However, during interrogation, the suspects claimed the guns were given to...
Davido Confirms That He Bought His Girlfriend’s Porsche In Her Name
Entertainment

Davido Confirms That He Bought His Girlfriend’s Porsche In Her Name

Davido has finally reacted to questions about the ownership of the luxury car he gifted his girlfriend, Chioma. The singer surprised Chioma with a brand new Porshe at her birthday dinner and people began to ask whose name was on the documents of the car - considering that some male entertainers demand gifts back when they break up with their partners. Pjutting fears to rest, Davido has nown confirmed via twitter that Chioma is indeed the legal owner of the Porsche.
Ibadan DISCO Urges NERC To Deregulate Meter Ownership
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Ibadan DISCO Urges NERC To Deregulate Meter Ownership

The management of Ibadan Electricity Distribution Company (IBEDC), on Tuesday urged the Nigerian Electricity Regulatory Commission (NERC) to deregulate the ownership of electricity meters in the country. Ms Angela Olanrewaju, Head, Corporate Communications Unit of the company, gave the advice in an interview with the News Agency Nigeria (NAN) in Lagos. NAN reports that IBEDC area of franchise covers Oyo, Ogun, Osun, Kwara as well as parts of Ekiti, Niger and Kogi. Olanrewaju said that part of the solution to address the metering gap in the country was for the company to deregulate meter ownership and financing. She said that in a deregulated meter market, electricity customers or third parties should be able to finance and own electricity meters. “Under existing regulations,...
Stop Developing Abuja, Kano – Okorocha Tells Ndigbo
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Stop Developing Abuja, Kano – Okorocha Tells Ndigbo

The Imo State governor, Owelle Rochas Okorocha, has called on his Ndigbo kinsmen to stop wasting resources in developing other land. He asked them to return to the east and set up their businesses instead of helping other states like Lagos, Kano to grow. Okorocha stated this while commissioning a hotel in Arondiziogu in Ideato council area of the state on Tuesday. He said, “I commend the proprietor of this hotel for coming home to invest. He could have built this hotel in Abuja or other places knowing too well that he could have made more profit, but he chose to think home. Let’s all come home, develop our area and create jobs for our people.” The governor further directed the state ministry of Works to assess the cost of drainage and asphalting the road leading to the area. ...
Ikoyi $43 Million: Rivers State Government Claims Ownership
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Ikoyi $43 Million: Rivers State Government Claims Ownership

▪Gives FG seven days ultimatum to return the funds diverted by the immediate past Governor Rivers State Governor has given the Federal Government an ultimatum of 7 days to return the $43million dollars found in a luxury apartment in Ikoyi to the Rivers State Government , failure which the State Government will take legal measures to ensure that it gets back her stolen resources Governor Wike also declared that the $43million dollars found in the luxury apartment in Ikoyi belongs to the Rivers State Government. . Governor Wike said that investigations by the Rivers State Government revealed that the money was proceed from the sale of gas turbines by the immediate past Rivers State Governor, Rotimi Amaechi. Addressing journalists at the Government House, Port Harcourt on Friday ni...
Efcc’s Lagos Found Billions: Amaechi, Fayose’s Aides Fight Over Ownership
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Efcc’s Lagos Found Billions: Amaechi, Fayose’s Aides Fight Over Ownership

Mr. David Iyofor, a media aide to the Minister of Transport and former Governor of Rivers state, Rotimi Amaechi has returned a punch thrown at the Transport Minister by Mr. Lere Olayinka, a media aide to the Ekiti state Governor, Ayodele Fayose, who accused the minister of being connected with the over N5billion recovered by the Economic and Financial Crimes Commission, EFCC at a Lagos house on Wednesday. In a statement made on his Facebook page, Fayose’s aide had alleged that the Transport Minister owns the house where the alleged looted money was found by the anti-graft agency. But in response, Amaechi’s aide said the allegation is false, warning Mr. Olayinka to delete the allegation or face jail term. According to Olayinka, “The Osborne Towers, a luxury residential complex in I...
National Intelligence Agency Claim Ownership Of $43M Found By EFCC
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National Intelligence Agency Claim Ownership Of $43M Found By EFCC

NIA DG, Ambassador Ayodele Oke. BEVERLY HILLS, April 13, (THEWILL) – The National Intelligence Agency (NIA) is claiming ownership of the $43,449,947, £27,800 and N23, 218,000 seized Wednesday by the Economic and Financial Crimes Commission from Osborne Towers, a luxury residential complex in Ikoyi, Lagos, owned by Mr. Adamu Muazu, a former governor of Bauchi state and ex-National Chairman of the Peoples Democratic Party (PDP), THEWILL has gathered exclusively. The NIA is the government security agency tasked with overseeing foreign intelligence and counterintelligence operations in Nigeria. A ranking government official with knowledge of the latest twist to the seizure confirmed to THEWILL that NIA Director General, Ambassador Ayodele Oke, has been in touch in EFCC’s boss, Ibrah...
New Land Survey Fees Begin In Lagos, Threaten Home Ownership
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New Land Survey Fees Begin In Lagos, Threaten Home Ownership

Hopes of cheaper construction cost and land ownership for prospective property developers may still be a pipe dream going by fresh increase in land survey fees in Lagos area by the Nigerian Institution of Surveyors (NIS). The increase by Lagos chapter of the institution, which may act as a test bed for professional scale of fees in the built environment sector has ruffled feathers in the housing industry. Other professional bodies are watching how events will unfold, while experts and private developers foresee increase in lands and housing cost. The chapter had raised the land survey plan fees by over 300 per cent, starting from April 1. The fees cut across different zones of the state. For instance, Ikorodu, Epe, Badagry Ojo and Ajeromi Ifelodun local government that is currently N...
DSS Clears Saraki Of N310m Ownership
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DSS Clears Saraki Of N310m Ownership

As the controversy over the ownership of N310 million allegedly stolen from the Maitama home of the Senate President, Bukola Saraki gathers storm, the Department of State Security Service, DSS, Sunday night cleared him of any culpability. The DSS said in clear terms that the cash did not belong to Saraki or any member of the National Assembly and accused its dismissed staff, who is now standing trial for armed robbery, Abdulrasheed Maigari, of trying to fabricate a lie for a hidden motive. It will be recalled that Maigari, a former DSS operative, had said that he and others connived to steal the huge cash from the Senate President’s home when they were working as security operatives in his house