Author: topnews

No state’ll access W/Bank facility if Kaduna does not get —El-Rufai

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Nasir el-Rufai, Kaduna State Governor, has said he had been told by the World Bank that no state in the country would access  its loan without Kaduna State being considered by the National Assembly. It would be recalled that the Senate, penultimate week, rejected the loan facility for Kaduna State following objections from the three senators from the state on the ground that Kaduna was already too heavily indebted. Apart from Kaduna, Abia, Ogun, and Lagos, among others, also applied for various sums from the World Bank for development purposes.…

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Buhari Government Worst In Education Funding – ASUU

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The Academic Staff Union of Universities (ASUU) has warned that the stifling of education funding under the Muhammadu Buhari government is preparing the country for a greater future doom. It stated that the nonchalant attitude of the Buhari-led government to education appears to be the worst in the history of Nigeria with about 7 percent allocation to Education. Chairman, University of Ibadan branch of ASUU, Dr. Deji Omole, who stated this on Monday in an interview with journalists, noted that the failure to vote enough money to public varsity education…

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Guinness Nigeria Partners Wecyclers On Waste Management

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Guinness Nigeria Plc has partnered with Wecyclers, a for-profit social enterprise that promotes environmental sustainability, socio-economic development, and community health, to support Guinness’ waste management agenda. The partnership is expected to, among other things, help support the implementation of Guinness Nigeria’s 4R waste management strategy, covering Reduction, Reuse, Recovery and Recycling, while addressing increasing local and global concerns about environmental issues of waste disposal. Managing Director/CEO, Guinness Nigeria Plc, Mr. Peter Ndegwa, stated that the partnership with Wecyclers was in line with the company’s commitment to reducing environmental impact across…

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KONGA, YUDALA IN STRATEGIC MERGER TO RULE E-COMMERCE

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Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent. The business merger, which takes effect from Tuesday May 1st 2018, will see both companies operate under the KONGA brand name. The strategic decision will see both companies leverage the combined strengths of both platforms and is expected to further broaden the scope of organized retail and e-commerce in Nigeria and deliver more…

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Coronation Merchant Bank Group records 66% growth in Gross Earnings for 2017 FY

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Coronation Merchant Bank Limited (‘CORONATION MB); Nigeria’s leading merchant banking brand, announced its 2017 Full Year Results to stakeholders at its Annual General Meeting held in Lagos, in which the Bank posted a Profit Before Tax of N5.1billion. Speaking at the AGM, Abu Jimoh, Group Managing Director/CEO of Coronation Merchant Bank Limited said that, “despite the tough market conditions that characterized significant parts of the year, the underlying business fundamentals of the Bank remained strong as reflected in the Gross earnings growth of 66% to N25.5Bn in 2017. As we progress in…

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Manchester City Are Champions Of England

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Manchester City won the Premier League title as Manchester United’s shock 1-0 home defeat by West Brom confirmed their rivals as champions. Second-place United are now 16 points behind Pep Guardiola’s side with only five games left to play. It is City’s third title in seven seasons and a fifth top-flight crown – their first under the Spaniard in his second campaign in charge. They have dominated the title race, scoring 93 goals and losing just twice. The Premier League title is the 24th trophy of the former Barcelona and…

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Gold coast 2018: Nigeria finishes with 24 medals

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At the Gold Coast 2018 Commonwealth Games, Nigeria ended its competition with Aruna Quadri’s table tennis silver medal bringing the country’s total haul at the event to 24. Quadri, who was beaten in the quarterfinal at the last edition of the competition in Glasgow, Scotland, lost the gold medal to Singapore’s Gao Ning, just before the closing ceremony yesterday. The 24 medals, which placed Nigeria ninth on the medals’ table, are made up of nine gold, nine silver and six bronze medals, a collection which Sports Minister, Solomon Dalung, believes…

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Youths chase away monarch, shutdown palace in Ekiti

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The youths of Agbado-Ekiti, Gbonyin Local Government of Ekiti State have kicked against the alleged imposition of a Regent. The protest was said to have been spearheaded by the youths, who were joined by other indigenes, to protest the alleged imposition of Bolaji Okunbobade, who was appointed by the kingmakers to occupy the throne vacated by her late father, the Owa Oro of Agbado, Oba Okunbobade. Clutching leaves and placards of various inscriptions, the irate youths, who barricaded the Ado-Ikare Road for several hours, accused one of the kingmakers, Chief…

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Another Nigerian killed in South Africa

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ThankGod Okoro, a 30-year-old Nigerian from Ogbaku in the Awgu Local Government Area of Enugu State, was reportedly killed in South Africa. The killing of Mr. ThankGod is the latest in what has been described as recurring pre-meditated murders of young Nigerians in South Africa. Records show that no fewer than 117 Nigerians have been killed in South Africa since February, 2016. Unofficial estimates put the number of Nigerians residing in South Africa at about 800,000 majority of whom are young people. The Publicity Secretary of the Nigeria Union in…

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Court sentence Chief magistrate to three years imprisonment over N100,000 bribe

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An Abuja High court has sentenced a Chief Magistrate, Mohammed Balogun, to three years imprisonment for demanding a bribe of N100, 000 from a litigant for the purpose of giving him favourable judgment. He was, however, given the option of paying a fine of N500,000. The chief magistrate was arrested barely a week before he was to be elevated to the position of a judge. Balogun was charged before Justice Ishaq Bello by the Independent Corrupt Practices and other related offences Commission on two charges bordering on demanding and receiving…

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