Monday, November 30

Tag: Sell

Biggie’s crown sells for $595,000 at hip-hop auction
Entertainment

Biggie’s crown sells for $595,000 at hip-hop auction

A plastic crown worn by rapper Biggie during a photoshoot just days before his murder has sold at auction for $594,750 in New York. The crown headlined Sotheby's first-ever sale devoted to hip-hop that featured more than 120 lots including jewelry, art and other ephemera of the genre born in the Bronx. The crown was worn by The Notorious B.I.G. - famous for hits including Juicy, Big Poppa and Hypnotize - during his last recorded photoshoot in 1997, just three days before his shock murder in Los Angeles. The photographer Barron Claiborne, who took the now immortal image of the artist born Christopher Wallace, put the rap artifact up for sale. It sold for almost double its pre-sale high estimate of $300,000. It's quite a sum for a crown made of plastic that Sean "Diddy" Co...
New Juventus Manager, Andrea Pirlo Puts up Six Players for Sale
Sport

New Juventus Manager, Andrea Pirlo Puts up Six Players for Sale

Juventus new manager, Andrea Pirlo, is reportedly ready to sell at least six players this summer transfer window, as he looks to bolster his squad ahead of next season, Mirror UK reports. Pirlo was appointed as Juventus new manager over the weekend following the sacking of Maurizio Sarri. Juventus have seen their revenue streams hit hard because of the coronavirus pandemic and will have less money to spend this summer following their Champions League exit at the hands of Lyon. Pirlo has put Aaron Ramsey “among six players” he wants Juventus to sell this summer. Ramsey only moved to the Old Lady last year, but the Welsh international is not wanted by Pirlo, and he is free to find another club this summer. The former Arsenal star is now seen as surplus to requirement...
Lampard Ready to Sell Kante, six Others as Chelsea eye Havertz deal
Sport

Lampard Ready to Sell Kante, six Others as Chelsea eye Havertz deal

Chelsea manager, Frank Lampard, would be willing to sell N’Golo Kante, in order to raise money to complete other deals, the UK Times reports. The Blues have already sealed moves for Hakim Ziyech from Ajax and Timo Werner from RB Leipzig ahead of next season. However, Lampard would have to sacrifice some members of his current squad, if he wants to bring in more new faces. Kante arrived at Stamford Bridge in 2016 from Leicester City and has become of the key players at the club. However, his future is now in doubt, with Chelsea very keen on signing Kai Havertz from Bayer Leverkusen. Others at risk include Marcos Alonso, Baba Rahman, Kurt Zouma, Andreas Christensen, Tiemoue Bakayoko and Michy Batshuayi. Havertz will cost around £75m, but is believed to favour a ...
Four Players Mourinho Wants to Leave Tottenham Hotspur Revealed
Sport

Four Players Mourinho Wants to Leave Tottenham Hotspur Revealed

Tottenham Hotspur boss, Jose Mourinho, is reportedly ready to sell four (4) players, to help fund a summer rebuild, according to The Times. The players are Kyle Walker-Peters, Danny Rose, Eric Dier, and Serge Aurier. Tottenham is keen to fund a move for £35 million Southampton midfielder, Pierre-Emile Hojbjerg this summer’s transfer window. Mourinho is eager to bolster his midfield this summer following the departure of Christian Eriksen to Inter Milan last January. However, Walker-Peters is currently on loan at Southampton. Rose is also on loan at Newcastle United, while Dier and Aurier are not on loans. Tottenham will host Manchester United on June 19 in the Premier League after almost three months of suspending the English top-flight league due to the COVID...
Tottenham Board Gives Mourinho Condition to Sign Willian from Chelsea
Sport

Tottenham Board Gives Mourinho Condition to Sign Willian from Chelsea

Tottenham Hotspur board have told manager, Jose Mourinho, that he must first sell one of his attacking players if he wants to sign Chelsea’s Willian this summer’s transfer window, according to the Daily Star. Tottenham chairman, Daniel Levy, believes Mourinho has enough options in the wings and will not sanction a move for Willian. The newspaper also reports that Mourinho may likely sell Erik Lamela to accommodate Willian’s arrival this summer. Mourinho coached Willian during his time at Stamford Bridge. The Portuguese gaffer is keen to work with the Brazilian international again. Willian’s contract at Chelsea will expire at the end of next month.
Michael Jordan’s Signature Air Jordan Shoes From 1985 Sell For Record-Breaking $560,000 (Photos)
Fashion

Michael Jordan’s Signature Air Jordan Shoes From 1985 Sell For Record-Breaking $560,000 (Photos)

A pair of Michael Jordan’s game-worn shoes from 1985 was sold for $560,000 on Sunday, more than three times the estimated auction price . Ten bidders from across the globe competed for the basketball legend’s autographed Nike Air Jordan 1 shoes before the online auction closed at $560,000, breaking the world auction record for sneakers, according to auction house Sotheby’s. “Following a bidding war which drove the value up by US $300,000 within the final twenty minutes of the sale, the pair achieved more than 3.5x their $150,000 high estimate,” Auction house Sotheby’s said. The bidders came from six countries across four continents, and the sale breaks the world auction record for a pair of sneakers, set last year by the Nike “Moon Shoe” for $437,500. The Nike A...
FG May Sell Public Assets To Fund 2020 Budget
Politics

FG May Sell Public Assets To Fund 2020 Budget

Indications have emerged that more public assets may be put up for sale by the Federal Government as the Bureau of Public Enterprises reviews the 2020 Privatisation Work Plan. Checks by our correspondent revealed that work on the review of the privatisation work plan is ongoing.The revised 2020 budget has a deficit of N5.37tn. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, had said the Federal Government intended to finance the deficit through domestic and foreign borrowing, as well as proceeds from privatisation of public assets. Our correspondent learnt that the BPE is reviewing the 2020 Privatisation Work Plan.The review of the work plan was informed by the drop in the projected revenue that will accrue to the Federal Government within the year. Directo...
Sell Presidential Jets, Cancel N27bn National Assembly Renovation Fund – Atiku
Politics

Sell Presidential Jets, Cancel N27bn National Assembly Renovation Fund – Atiku

Former Vice-President, Atiku Abubakar, has faulted the latest review of the 2020 budget by the Federal Government, saying it shows that the regime has lost touch with current global economic realities. Rather than reviewing the budget, Atiku advised the FG to sell eight or nine of the presidential jets and cancel the N27bn earmarked for the renovation of the National Assembly complex. Atiku said this in a statement in Abuja, on Thursday. He expressed disappointment that despite the crash of oil prices in the international market and the nation’s inability to expand its revenue base, the regime only slashed the budget by a “mere 0.6 per cent.” The former Vice President explained that significant cuts in funds budgeted for presidential feeding and transport as well as non-essent...
Man Who Attempted To Sell Nigerian In Lebanon Is Syrian, Not Lebanese
Crime

Man Who Attempted To Sell Nigerian In Lebanon Is Syrian, Not Lebanese

According to new information reported by Al-Arabia, the person behind the attempt to sell the Nigerian houseworker on FB is not Lebanese but a Syrian national allegedly enrolled at a university in Tayouneh, Beirut. Lebanon's Directorate General of Security in its official twitter account describes the arrested man as Syrian:
Petrol To Sell At 117 Per Litre As PPMC Slashes Ex-Depot Prices
News

Petrol To Sell At 117 Per Litre As PPMC Slashes Ex-Depot Prices

THE Petroleum Products Marketing Company (PPMC), Wednesday, slashed the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N108 per litre, a move reflecting the drop in crude oil prices. It is also expected to result in a lower pump price at petrol stations by end of this week. In a memo to oil marketers and other stakeholders in the petroleum marketing business, dated May 5, 2020, with the subject: ‘Re: PPMC Petroleum Products Prices for May 2020,’ the PPMC also slashed the ex-depot price of Automotive Gasoline Oil, also known as diesel, to N164 per litre for depots in Lagos and N166 per litre for depots in Oghara, Calabar, Port Harcourt, among others. The indicated that the new prices would take effect from May 5, 2020. The ex-depot price is the price at wh...
Apple Plans To Sell Macs With Its Own Chips From 2021, Bloomberg Tells
Business

Apple Plans To Sell Macs With Its Own Chips From 2021, Bloomberg Tells

Apple Inc (AAPL.O) plans to sell Mac computers with its own main processors by next year based on the chip designs currently used in its iPhones and iPads, Bloomberg reported on Thursday. The iPhone maker is working on three Mac processors based on the A14 processor in its next iPhone, suggesting the company will transition more of its Mac lineup away from current supplier Intel Corp (INTC.O), the report added citing people familiar with the matter. Apple started using Intel’s processors in 2006 and a year later all Mac computers featured its chips. Since then, Intel has made chips for other Apple products such as modem chips for its iPhones. Apple has always relied on outside suppliers for its modem chips, a crucial part that connects devices like the iPhone to wireless data ...
Wael Jerro: Lebanese Who Offered To Sell Trafficked Nigerian Girl Arrested
Crime

Wael Jerro: Lebanese Who Offered To Sell Trafficked Nigerian Girl Arrested

The Lebanese Government has arrested the man named Wael Jerro. This was announced by Abike Dabiri-Erewa. Breaking news on Trafficked Nigerian girl for sale on Facebook by a Lebanese !The Lebenese Government just announced the arrest of Mr. WAEL JERRO for onward prosecution against criminal sales of a human, a young Nigerian girl. https://twitter.com/abikedabiri/status/1253265689634394112?s=19 Breaking news on Trafficked Nigerian girl for sale on Facebook by a Lebanese. The Lebanese Govt just announced the arrest of Mr. WAEL JERRO for onward prosecution against criminal sales of a human, a young Nigerian girl. https://twitter.com/nidcom_gov/status/1253268011227758592?s=19 A big thanks to the Nigerian mission in Lebanon for swinging into immediate action. https://twitter.com/abiked...
Manhunt Begins For Lebanese Who Offered To Sell Trafficked Nigerian Lady
Crime

Manhunt Begins For Lebanese Who Offered To Sell Trafficked Nigerian Lady

A manhunt has begun for a Lebanese who offered to sell Nigerian woman for $1,000. Chairman of the Nigerians in Diaspora Commission (NIDCOM), Abike Dabiri-Erewa, said this on Tuesday. The Nigerian mission in Lebanon has since reported to the host authorities. A manhunt is on for the man and all out search for the young girl. Let’s keep her in our prayer.  
Newcastle Owner, Mike Ashley In Advanced Talks To Sell Club For £340m
Sport

Newcastle Owner, Mike Ashley In Advanced Talks To Sell Club For £340m

Mike Ashley’s controversial 13-year ownership of Newcastle could soon be over. A sale to a consortium fronted by the Yorkshire-born financier Amanda Staveley has been broadly agreed and documents lodged at Companies House last week provide concrete proof that advanced negotiations are well under way. The paperwork suggests the deal – £310m, potentially rising to £340m – involves Ashley apparently loaning Staveley’s company PCP Capital Partners £150m to get the agreement over the line. It is understood that in reality Staveley is taking on a £110m interest-free loan the retail tycoon had given Newcastle. This complicated transaction features a £200m upfront payment from Staveley’s consortium followed by the additional £150m to be paid to Ashley over a period of up to five years. T...
Teenage Girl Killed At A Meeting To Sell Adidas Yeezy Sneakers
Crime, News

Teenage Girl Killed At A Meeting To Sell Adidas Yeezy Sneakers

A teenager has died after she responded to an offer to buy Kanye West-designed sneakers, Yeezys, not knowing it was a trap. 18-year-old high school senior Andrea Camps Lacayo answered a social media post offering to buy the Yeezys which was for sale. Unfortunately, the Florida teen was shot dead after she and her boyfriend went to deliver the Kanye West-designed Adidas footwear to the prospective buyers, according to Miami-Dade police. George Walton and Adrian Cosby, both 19, were arrested on Saturday and face multiple felony charges, including second-degree murder, attempted murder and attempted armed robbery, the Miami Herald reported. Police claimed Lacayo’s boyfriend Sergio Berben had arranged to meet Walton in Homestead to sell him three pairs of the highly-sought sneaker...
Juventus ‘Planning To Sell’ Aaron Ramsey Just Months After Joining From Arsenal
News

Juventus ‘Planning To Sell’ Aaron Ramsey Just Months After Joining From Arsenal

Aaron Ramsey could be sold by Juventus in the summer transfer window despite only signing last year. Ramsey joined from Arsenal on a free transfer and has a deal worth over £400,000 a week. And Tuttosport are reporting that the Welshman's time in Turin could be over with Juve looking to sell. The 29-year-old's career in Serie A has been ravaged by injury and he's only featured in 12 league games and a total of 569 minutes. He scored on his debut back in September and also netted once in the Champions League. Manager Maurizio Sarri discussed the midfielder's injury problems last month and backed him to become a success. Speaking after a 2-1 victory over Roma, the Italian stated: "To come from England and play with us is not easy. "He had a series of physical proble...
I’d Never Sell My Dignity For Fame – Sandra Okunzuwa Reveals In An Exclusive Interview
Interviews

I’d Never Sell My Dignity For Fame – Sandra Okunzuwa Reveals In An Exclusive Interview

Nollywood actress, Sandra Okunzunwa reveals that she will never sell her dignity for fame in an exclusive interview: Background My childhood was pretty interesting. As a kid, I participated in different extra curricula activities such as cultural dances, drama and debates. I think that was what stirred my interest in entertainment. The not-so-good times (of my childhood) were being bullied by my peers while in secondary school. This made me struggle with my academics. But, I still tried to make myself happy with those extracurricular activities. Education For my elementary education, I attended Tender Kiddies Foundation, in Sapele, Delta State. I went to Federal Government Girls College, Benin, Edo State, for my secondary education. I then went on to study Law at the University o...
“I Can’t Sell My Body, That’s Why I Do This” – Female Gokada Rider
News

“I Can’t Sell My Body, That’s Why I Do This” – Female Gokada Rider

A female Gokada rider who was interviewed today during the protest on the ban of their service in Lagos State has revealed that she earns as much as N20k per day. While speaking, she added that the reason why she must continue her job is because she cannot sell her body for money. “I Make N20k Daily While Doing This Okada Job. I Can’t Sell My Body Because I Want To Make Money That's Why I'm Doing This Job.” #LagosState #OkadaBan #KekeBan #Nigeria #February1st pic.twitter.com/uC00qrZp6H — ~✞SiteMan YesBoss✞~™ (@SiteManYesBoss) February 1, 2020
14-year-old Boy Offers to Sell His Kidney to Pay his School Fees
News

14-year-old Boy Offers to Sell His Kidney to Pay his School Fees

A 14-year-old boy from Gidea village in Kwanza Constituency, Trans Nzoia County of Kenya has expressed readiness to sell his kidney to fund his secondary school education. Isaiah Wanjala who got admitted to Chewoiyet Boys High School after scoring 394 in 2019 Kenya Certificate of Primary Education examinations, has been unable to raise Sh50,000 required to join the national school based in West Pokot County. The 14-year-old boy who is the fifth child in the family with nine children, stated that he is ready to sell one of his kidneys as long as it will raise enough money to take care of his high school and university education. Wanjala said; “My aged parents are not in a position to raise my school fees as well as provide the basic needs for my younger brothers and sister."...
Apple Set To Sell Its Two-billionth iPhone This Year
Business

Apple Set To Sell Its Two-billionth iPhone This Year

Since the introduction of the first iPhone 13 years ago, it has grown to become Apple’s most important product. In fact, the vast majority of Apple’s revenue comes from iPhones. Apple’s iPhone line is now close to a new milestone – its two-billionth sale. According to various market analysts, Apple is close to making its two-billionth sale. The analysts also believe that it can happen this year. There was a forecast of 186 million sales during the 2020 fiscal year. However, it appears that the Cupertino-based company is on track to sell up to 195 million units. This is mainly thanks to the good holiday sales. Over the past few years, iPhone sales have generally declined. This is partly due to the rise of brands with much cheaper phones, especially in China. Xiaomi, Vivo, and Oppo...
FG Reverses Decision To Sell Oil Asset Stake
Politics

FG Reverses Decision To Sell Oil Asset Stake

For the second year in a row, the Federal Government has failed to carry out its planned sale of some of its stake in joint venture oil assets. The Federal Government did not include the sale of the JV oil asset stakes as a source of expected revenue in the highlights of the 2020 budget presented by the Minister of Finance, Budget and National Planning. The 2019 approved budget presentation revealed that the President, Major General Muhammadu Buhari (retd.), had directed that immediate action be commenced to restructure the JV oil assets “so as to reduce government shareholding to not less than 40 per cent and that this exercise must be completed within the 2019 fiscal year.” The document said, “The overall revenue performance in 2018 is only 55 per cent of the target in the 201...
Manchester City owner, Sheikh Zayed Al Nahyan sells 10% of his shares in the club for $500 million
Sport

Manchester City owner, Sheikh Zayed Al Nahyan sells 10% of his shares in the club for $500 million

Sheikh Mansour bin Zayed Al Nahyan, owner of English Premier League champions, Manchester City and City Football Group, has sold about 10 per cent of the shares to Silver Lake, a private equity investor for about $500 million. The deal values City Football Group at US$4.8B post-investment. Apart from its ownership of Manchester City, CFG is the owner of football clubs and related businesses, including New York City FC, Melbourne City FC, Yokohama F. Marinos in Japan, Club Atletico Torque in Uruguay, Girona FC in Spain and Sichuan Jiuniu FC in China. The company has more than 2,000 employees in 12 locations globally, overseeing more than 1,500 players and 2,500 games annually, and delivering a unique global platform to its commercial partners. T he proceeds from the investment will...
Solksjaer is ‘fed up’ and ready to sell Paul Pogba
Sport

Solksjaer is ‘fed up’ and ready to sell Paul Pogba

Manchester United head coach Ole Gunnaer Solksjaer is reportedly fed up with Paul Pogba's tactics and wants the French star to leave in January. According to Spanish media outlet, Cope, Pogba is ready to leave Manchester United and has sworn not to play for Manchester United again as he doesn't want to aggravate the ankle injury which has seen him play only 5 epl matches this season. Pogba was a top target for Real Madrid's Zinedine Zidane last summer and wants to push for a move to Madrid in January and Solksjaer is reportedly ready to let him leave after trying his best to hold onto him during the summer. Cope's report states; 'Despite refusing to let the French midfielder leave last summer, Solskjaer is now warming to the idea of allowing Pogba to leave Old Trafford for a fee o...
Total Plans To Sell Stake In Nigerian Oil Block
News

Total Plans To Sell Stake In Nigerian Oil Block

French oil major, Total is seeking to sell its 12.5 per cent stake in the giant Bonga deepwater oilfield off the coast of Nigeria, in an effort to adjust the energy company’s Africa portfolio amid a broad expansion. Reuters quoted banking and industry sources as saying that the stake in Oil Mining Lease (OML) 118, which is located some 120 kilometres (75 miles) off the Niger Delta, is valued at up to $750 million. Investment bank, Rothschild, is said to be running the sale process for the oil major. Rothschild and a spokeswoman for Total declined to comment. OML 118 is operated by Royal Dutch Shell, which holds a 55 per cent interest. Exxon Mobil holds a 20 per cent stake in the block, while Italy’s Eni and Total each hold 12.5 per cent. The sale process is part of Total...
Speed Darlington Wants To Sell Iphone Zlatan Gifted Him, Zlatan Reacts
Celebs

Speed Darlington Wants To Sell Iphone Zlatan Gifted Him, Zlatan Reacts

Controversial us-based Nigerian Singer is planning to sell the iPhone 11 gifted to him by rapper Zlatan Ibile. In a video he posted on social media, Speedy, as he is fondly called by his fans, revealed that ever since the gift was offered to him, Zlatan has refused to speak with him. He mentioned that the Nigerian rapper has totally ignored him and not even responding to his WhatsApp messages. He however offered to sell the $900 iPhone for $600 Responding to his new plan to sell the phone, Zlatan asked him not to sell the iPhone, and even offered to send him the $600 which was his asking price for the phone. Watch Video here; $600 i sell it pic.twitter.com/4zJQV6f2ph — Eze Akpi (@SpeedDarlington) November 5, 2019
Don’t Buy, Sell Pre-registered Sim Cards – Minister To Nigerians
Politics

Don’t Buy, Sell Pre-registered Sim Cards – Minister To Nigerians

The Minister of Communications, Dr Isa Pantami, has warned that all those using or selling pre-registered SIM cards risk being arrested. The minister also insisted that Wednesday's deactivation deadline for all improperly registered SIM cards still stands. Pantami made this disclosure on Monday while officially commissioning the National Emergency Toll-Free Number (112) and the Commissioning of the Katsina State Emergency Communications Center, in Katsina. The Minister stated that appropriate measures have been put in place to ensure that if a crime is committed using a SIM card, the perpetrator would be identified within 60 minutes. Pantami said the agenda of the Federal Ministry of Communications was in line with President Muhammadu Buhari’s, which, according to him, is b...
“I used to sell charcoal, hawk groundnuts, herd cattle and even got jailed” – gospel artist, Papa Dennis narrates his childhood struggles
Lifestyle

“I used to sell charcoal, hawk groundnuts, herd cattle and even got jailed” – gospel artist, Papa Dennis narrates his childhood struggles

Kenyan gospel musician, Papa Dennis narrates his tough childhood that forced him to do menial jobs to support his siblings. Through his music, the youthful artist shares his life story, a story whose parts speak about his past hardships and what couple of people are still going through as we speak. In an exclusive one-on-one with Mpasho, Papa Dennis explains how through his childhood experiences, he is able to connect with those currently facing similar times. Wabebe song is just a prayer. It talks about orphans and the challenges they face and also the hardships we go through every day including those behind bars. Dennis Mwangi alias Papa Dennis was orphaned at a young age, forcing him to drop out of school and do menial jobs just to fend for his siblings. I used to sell ch...
PSG Is Willing To Sell Neymar
Sport

PSG Is Willing To Sell Neymar

L’Équipe are reporting that PSG are willing to sell Brazilian superstar Neymar this summer in the event that they receive a huge offer for the player. They claim that an accumulation of elements: notably the damage to his public image and a desire to remove the “primadona” status to the PSG project, have let to Qatar deciding that they are ready to rid of the 27-year-old in the event of a presentable proposal. But the bid has to be at least €222m – the amount they paid for the player. The outlet adds that Neymar has told people close to him in recent weeks that he would like to leave the capital this summer. As a result, Pini Zahavi has over the last couple of weeks begun to make manoeuvres for “Ney” to move this summer – specifically to bring about the Brazilian’s return to S...
Mike Ashley ‘agrees to sell Newcastle for £350m’ to Man City owner’s cousin
Sport

Mike Ashley ‘agrees to sell Newcastle for £350m’ to Man City owner’s cousin

Mike Ashley has agreed to sell Newcastle for £350million, according to reports. The buyer it is claimed is the cousin of Manchester City owner Sheikh Mansour, Sheikh Khaled bin Zayed Al Nehayan. According to The Sun, contracts have already been signed and submitted to the Premier League between the two parties with Ashley ready to stand down after 12 years in charge on Tyneside.
House help connives with others to sell his boss’ SUV
Crime

House help connives with others to sell his boss’ SUV

A house-boy, identified simply as Goodluck, is currently on the run after his accomplices were arrested while trying to sell his boss’ jeep, on Tuesday, at Ladipo market, Mushin, Lagos, Vanguardngr reports. According to his boss, Mrs Abiola Abegunde, the suspects struck on April 29, 2019, after she left her Igando residence, to fix her faulty phone, leaving her mother and her 3-year-old daughter with the house-boy. According to her, “ I was within the vicinity, when I heard the sound of our gate opened. When I looked closely I saw the house boy Goodluck, opening the gate for my father’s highlander jeep to go out of the compound. Suspecting the boys reversing the jeep, I started shouting thief! But to my greatest surprise, the houseboy was with them.” Luckily on May 1, 2019, at...
We Will Get 5m Youth Off The Streets If We Sell Some Of Our Cars – Sen. Andrew Uchendu
Politics

We Will Get 5m Youth Off The Streets If We Sell Some Of Our Cars – Sen. Andrew Uchendu

Andrew Uchendu, senator representing Rivers east, has asked his colleagues to sell some of their cars and use the proceeds to empower unemployed youth in the country. He made the point while contributing to a debate at the senate on Thursday. Shehu Sani, senator representing Kaduna central, had drawn the attention of his colleagues to the killing of Faye Mooney, a British tourist, and Matthew Oguche, her partner, at Kajuru Castle in Kaduna state. In his contribution, Uchendu said unemployment was fueling insecurity. On the suggestion of his colleagues putting up their car for sale, Uchendu said proceeds from this could be used to establish factories that can take over five million jobless youth off the streets. “We own three, four, five vehicles and I’m sure we can do mu...
Man tries selling his son for N200k, daughter for N150k
News

Man tries selling his son for N200k, daughter for N150k

A 30-year-old man, Edet Essien Inyang, has been arrested for attempting to sell two of his children, one male and one female, to escape poverty in Calabar, Cross River State. Edet reportedly took them to Murray Street where he sought buyers to enable him raise money. According to an eyewitness identified as Ekem: “He came here with the children and asked after one rich man on this street and when he did not see the man, we asked him what he was looking for the man for and he said was looking for someone to buy his two children. He said the male child is N200, 000 and the female N150,000." Shocked at Edet's disclosure, Edem said in order to stop him from taking the children somewhere to sell, they had to “delay him while making efforts to contact the Police at Atakpa Police Station...
Fuel Will Continue To Sell For N145 Per Litre – NNPC
Politics

Fuel Will Continue To Sell For N145 Per Litre – NNPC

Despite increased landing cost of petroleum products, Premium Motor Spirit will continue to sell at N145 per litre, the Nigerian National Petroleum Corporation has said. In a telephone interview with our correspondent in Abuja on Wednesday, NNPC Group General Manager, Public Affairs, Mr Ndu Ughamadu, said that the corporation would continue to bear the cost of under-recovery of petrol through other sources. Ughamadu said, “The Federal Government has made it clear; petrol will continue to sell at N145 per litre. NNPC is not operating subsidy. What we have done is under-recovery of which we make up from other sources. “Yes, the under-recovery will continue. The corporation plays many roles in the country. We are an importer of the last resort where others refuse to import. “W...
Buhari Directs Finance Ministry To Sell All Recovered Assets
Politics

Buhari Directs Finance Ministry To Sell All Recovered Assets

President Muhammadu Buhari has directed the ministry of finance, led by Zainab Ahmed, to sell all recovered and liability-free assets in six months. A number of politicians and former government officials will be affected by this because some assets have been seized in the course of the war against corruption embarked on by the Buhari administration. Speaking on Tuesday while briefing the house of representatives joint committee on finance, appropriation, planning and economic development, Udoma Udo Udoma, the minister of budget and national planning, said the federal government is determined to improve its revenue generation in 2019. “The Ministry of Finance, working with all the relevant authorities, has been authorized to take action to liquidate all recovered, unencumbered assets wit...
Dangote To Bid For Chelsea Football Club, If Stan Kroenke Fails To Sell Arsenal
Uncategorized

Dangote To Bid For Chelsea Football Club, If Stan Kroenke Fails To Sell Arsenal

Is Dangote offering to buy Chelsea? Africa’s Richest man drops hint Nigeria’s richest man and Arsenal FC supporter, Aliko Dangote has revealed he might be interested in owning another football club if his offer to buy the London club yet again fails. Dangote expressed his interest to acquire Arsenal back in 2017 and has continued to make open advances for a deal should majority shares owner Stan Kroenke be willing to listen. Arsenal is worth $2.5billion and are the most profitable football team in the world behind Manchester United, but it shouldn’t be a problem for the Fulani Business Magnate whose current net worth is put at $10.4 billion, per Forbes.comIn an interview last year in Singapore, Dangote restated his desire to make another bid to buy the Gunners because ‘I am very ...
No Plans To Sell Lagos Trade Fair Complex – FG
News

No Plans To Sell Lagos Trade Fair Complex – FG

An agency of the Nigerian government, Bureau of Public Enterprises (BPE) on Tuesday said there are no plans to sell the Lagos Trade Fair Complex as speculated. “For the avoidance of doubt, the Bureau states that the Federal Government of Nigeria through the Bureau of Public Enterprises (BPE) does not intend to sell the Complex, rather the facility would be concessioned through a competitive transaction process,” BPE spokesman Amina Tukur Othman said in a statement. Prior to Othman’s statement, traders at the complex protested a rumoured sale of the complex by the government to a private company. The Bureau on August 23, 2017, had announced that the government had terminated of its lease agreement with Aulic Nigeria Limited in some national dallies with effect from August 23, 2...
We Won’t Sell NNPC, Refineries, FG Assures
Politics

We Won’t Sell NNPC, Refineries, FG Assures

The Federal Government has assured Nigerian workers that it had no plans or agenda to sell any of the nation’s refineries or the Nigerian National Petroleum Corporation (NNPC). The Federal Government said anybody who was nursing plans to sell the assets does not have the interest of Nigerian workers at heart. Speaking at the 12th Quadrennial National Delegates Conference of the NLC in Abuja, on Tuesday, President Muhammadu Buhari, who was represented by the Secretary to the Government of the Federation, Boss Mustapha, said government was determined to attain the decent work agenda, which involves opportunities for workers, saying it will deliver a fair income, security at work places, and social protection for families. “I want to reassure you of the commitment of this adminis...
‘Dangote Refinery’ll Not Sell Petrol At Regulated Price’- The Nation
News

‘Dangote Refinery’ll Not Sell Petrol At Regulated Price’- The Nation

The President of Dangote Group, Alhaji Aliko Dangote, has said premium motor spirit (PMS) or petrol that will be refined from Dangote Refinery will not be sold at Federal Government’s regulated price. This ends the speculation about how much the pump price petrol from the first private refinery will attract when it begins operation next year. Dangote spoke on the sidelines of the visit of Central Bank Governor Godwin Emefiele to the refinery in Lagos. Dangote said though the plan is not to concentrate on export entirely, he noted that petroleum products from the refinery will be sold at export rate. He said it is the duty of the Federal Government to determine the price of fuel, adding that he doubts whether fuel subsidy will continue but if it does, the government can enga...
Femi Otedola Sells Off Stake In Forte Oil
News

Femi Otedola Sells Off Stake In Forte Oil

Femi Otedola, Nigerian billionaire, is set to sell his 75 per cent direct and indirect shareholdings in Forte Oil. This was revealed by the Nigerian Stock Exchange in a statement on its website on Monday. The statement was signed and made available to reporters by Akinleye Olagbende, the General Counsel of the company. The statement entitled ‘notification of divestment by the majority shareholder in the downstream business operations,’ reads, “Forte Oil Plc hereby notifies the Nigerian Stock Exchange, Securities and Exchange Commission, Shareholders and the investing community that its Majority Shareholder, Mr Femi Otedola, CON has reached an agreement with the Prudent Energy team, investing through Ignite Investments and Commodities Limited, to divest of his full 75% direct and i...
Nigerian Power Firm To Sell Electricity To Burkina Faso
News

Nigerian Power Firm To Sell Electricity To Burkina Faso

Indications emerged on Thursday that Nigeria is preparing to sell its “stranded electricity” to Burkina Faso, as the nation’s power industry continues to battle challenges. The planned energy export is being put in place by the concessionaire of Kainji and Jebba hydro power stations, Mainstream Energy Solutions Limited, MESL. The company said it had been approached by the West African nation and it was ready for a deal. “I am complaining that I have energy that cannot be utilised,” said the managing director of the company, Lamu Audu, on Thursday. “And some of us are actually looking beyond the borders of Nigeria to sell our power if the Nigerian market cannot take it because we have to remain in business—-we have responsibilities to our shareholders. “Investments have been mad...
2019: Atiku Is Planning To Sell Nigeria On Alibaba- Sowore
Politics

2019: Atiku Is Planning To Sell Nigeria On Alibaba- Sowore

Presidential campaign ahead of the 2019 elections has officially kicked off, and as expected, the verbal fireworks from the candidates have begun. On Wednesday, the Presidential candidate of the Africa Action Congress (AAC), Omoyele Sowore was a guest of Bounce News’ #60Minutes, where he entertained questions from viewers on his campaign agenda. One of the issues he spoke about is the proposed sale of the Nigeria National Petroleum Corporation, NNPC by former vice president Atiku Abubakar who is the candidate of the PDP. Sowore was asked what he planned to do with the corporation if elected since the current administration’s efforts at un-bundling it have yielded little results. Here is what he said: “The person who unbundled NNPC probably didn’t even understand the meaning of ...
Nigerians Reacts To News That Blac Chyna Is Coming To Lagos To Sell Bleaching Cream For $250 Per Jar
Lifestyle

Nigerians Reacts To News That Blac Chyna Is Coming To Lagos To Sell Bleaching Cream For $250 Per Jar

Blac Chyna revealed via Instagram that she will be in Lagos to sell bleaching cream and this has caused an uproar on social media. As expected, a lot of Nigerians, and even Americans, are criticizing her. They say this is her first time in Lagos, Nigeria, and rather than come with an innovation that will be beneficial, she is coming with a product that will 'ruin lives'. She's been accused of trying to make money at the expense of people's health. But there are a few people who have defended her, saying that Nigerians will always buy bleaching cream whether Chyna is coming to sell it to them or not. Below are screenshots of some social media reactions.  
I’ll Sell 90% Of NNPC If Elected, Atiku Vows
Politics

I’ll Sell 90% Of NNPC If Elected, Atiku Vows

The presidential candidate of the Peoples Democratic Party, Atiku Abubakar, says he will sell the Nigerian National Petroleum Corporation and retain just 10 per cent of the company for the Federal Government. Atiku said this in an interview with The African Report, a monthly publication. Atiku, who presided over the National Council on Privatisation during his tenure as vice-president, said the NNPC was supposed to have become more profitable by now. On whether he would sell NNPC and keep 10 per cent shares for the government, he said, “Yes, I would want to go ahead. There is no doubt about that. The government should have a very minor shareholding. Nigeria is in dire need of funds to develop its infrastructure and other sectors of the economy.” The PDP presidential candida...
Dangote To Buy Another Club If Kroenke Doesn’t Sell Arsenal
Sport

Dangote To Buy Another Club If Kroenke Doesn’t Sell Arsenal

Aliko Dangote, Africa’s richest man, had said he will consider buying a football club other than London-based Arsenal if controlling shareholder Stan Kroenke refuses to sell. Dangote has long said he wants to buy the Premier League team, of which he’s a fan, but only after he’s completed one of the world’s biggest oil refineries in Lagos. “By the time we’ve finished, we’ll be a $30bn company in terms of revenue,” he said in an interview with Bloomberg TV at the New Economy Forum in Singapore. “We’ll have an excess amount of cash to start playing around with.” Kroenke owns almost all of Arsenal after buying Russian billionaire Alisher Usmanov’s 30 per cent stake in August in a deal that valued the club at about £1.8bn. It was funded with a £557m , two-year loan from Deutsche Ba...
”It Never Pays To Sell Your Soul To The Devil” – FFK Shades Omisore
Politics

”It Never Pays To Sell Your Soul To The Devil” – FFK Shades Omisore

Former Aviation Minister, Femi Fani-Kayode, took to his twitter handle to shade SDP governorship candidate in last month's Osun state governorship election, Iyiola Omisore, his former cousin. Omisore pulled out last minute from an agreement with PDP to work with the APC to ensure the ruling party wins the governorship election. FFK took to his twitter handle some hours ago to mock Omisore. The second image is an old tweet where FFK referred to Omisore as his cousin last month.
AMCON To Sell Polaris Bank In Two Years
News

AMCON To Sell Polaris Bank In Two Years

The Asset Management Corporation of Nigeria (AMCON) says it plans to sell Polaris Bank within two years. Ahmed Kuru, chief executive officer, AMCON, said this in an interview with Bloomberg in Lagos. The Central Bank of Nigeria (CBN) had revoked the operating licence of Skye Bank in September for failing to meet capital and liquidity requirements. Polaris Bank was subsequently approved as a bridge bank to take on the assets and liabilities of Skye Bank. He said the agency has met with the management of Polaris Bank and will sell the financial institution in less than two years. Kuru added that the authorities intervened in the Skye Bank issue because of “a lot of systemic issues”, including saving more than 5,000 jobs and almost N1 trillion in deposits. He said AMCON ...
Nigerian Universities Sell Bread And Bottle Water To Survive – MAUTECH VC
Education

Nigerian Universities Sell Bread And Bottle Water To Survive – MAUTECH VC

The Vice-Chancellor of Modibbo Adama University of Technology, Yola, Adamawa State, Prof. Mohammed Kyari has described Nigerian Universities as business outlets. The VC during an interview with Punch Nigerian universities are now selling bottled water and opening bakery to keep themselves running. Kyari while responding to a question on whether Nigerian universities have been creative enough to survive the difficult environment stifled by poor funding said the universities cannot be creative when they don’t have the resources. ''How creative can they be and what else can they do? Nigerian Universities literally have become business outlets. Universities are selling table water, running bakeries and commercial bus services or guest house services. This is no way to run a univer...
Marc Benioff And His Wife Lynn Benioff Buy Time Magazine For $190 Million
Entertainment

Marc Benioff And His Wife Lynn Benioff Buy Time Magazine For $190 Million

US media giant,  Meredith Corporation,  has agreed to sell Time Magazine for $190 million to Marc Benioff, co-founder of the cloud computing company Salesforce.com, and his wife Lynn Benioff.   The proposed sale to the Benioffs is expected to close within 30 days and will be unrelated to Salesforce.com. They also told the newspaper that they won’t have any day-to-day influence over the magazine’s operations, nor will they have any journalistic input.   “We’re investing in a company with tremendous impact on the world, one that is also an incredibly strong business. That’s what we’re looking for when we invest as a family,” Marc Benioff said.   He added that Time is the only magazine they are planning to purchase from Meredith. The couple will be taking ...