Senate Confirms MDs of AMCON, NDIC

EconomyInvestingNewsNigeriaSenate Confirms MDs of AMCON, NDIC

Bada Yusuf Amoo (Correspondent)February 11, 2021

On Wednesday, the Senate confirmed Mr. Ahmed Kuru; and Bello Hassan as managing directors of the Asset Managing Corporation of Nigeria; and Nigeria Deposit Insurance Corporation. The two nominees were confirmed after consideration of the two separate reports of the Senate Committee on Banking, Insurance and Other Financial Institutions. Others who were confirmed were Ebelechukwu Uneze, and Aminu Ismail as the executive directors of AMCON; and Mohammad Ibrahim as Executive Director of the NIDC. The...

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Fiscal Deficit Rose to ₦620.49bn in November – CBN

EconomyNewsNigeriaFiscal Deficit Rose to ₦620.49bn in November – CBN

Bada Yusuf Amoo (Correspondent)February 11, 2021

The fiscal deficit of the Federal Government rose by ₦208.14bn to ₦620.49bn as of the end of November from ₦421.35bn at the end of October. This was disclosed in the Central Bank of Nigeria (CBN)’s the monthly economic report for November on Wednesday on the federation account operation. The report read in part, “At N706.47bn, provisional gross federally collected revenue in November 2020 contracted by 16.6 percent and 19.7 percent, compared with the budget benchmark...

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Buhari Defends Construction of Rail Line Linking Niger Republic

InfrastructureTransportationBuhari Defends Construction of Rail Line Linking Niger Republic

Bada Yusuf Amoo (Correspondent)February 9, 2021

President Muhammadu Buhari, on Tuesday, defended the decision of his administration to construct a rail line to link Nigeria with the Niger Republic, despite public outcry against the announcement of the plan. Buhari said connecting Niger Republic through rail would foster trans-Sahara trade and contribute to the expected gains in the African Continental Free Trade Area Agreement. The president gave the defense while presiding over the ground-breaking for the commencement of the rail line from...

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Like Hongkong Like Lagos – A Comparative Perspective to Protest in Two Cities

Law & JusticeNewsLike Hongkong Like Lagos – A Comparative Perspective to Protest in Two Cities

Bada Yusuf Amoo (Correspondent)February 9, 2021

Although the objective of the ongoing protest in Hongkong, the commercial city of China is quite different from the #EndSARS protest in Nigeria. However, the #EndSARS protest in Nigeria has certain features that can be linked to that of the Hongkong protest. This really interpreted that although humans might be different in color but the illustrated narrative of the quest for freedom is a universal clamor as the act of oppression is embedded in humans,...

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The Extension of IGP Tenure Was Not Paid For – Police

CorruptionNewsThe Extension of IGP Tenure Was Not Paid For – Police

Bada Yusuf Amoo (Correspondent)February 8, 2021

The Nigeria Police Force has said that the extension of the Inspector-General of Police, Mohammed Adamu’s tenure, was not paid for. President Muhammadu Buhari last week extended the tenure of the IGP by three months. According to the Minister of Police Affairs, Mohammad Dingyadi, the extension was necessary to give room for the proper selection of a predecessor. However, in a statement issued on Monday, described a report published by some media that the tenure...

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Senate to Debate Fulani Herdsmen Crisis on Tuesday

Crime & SecurityNational SecurityNewsSenate to Debate Fulani Herdsmen Crisis on Tuesday

Bada Yusuf Amoo (Correspondent)February 8, 2021

The Leader of the Senate, Yahaya Abdullahi, has disclosed that the upper legislative will discuss the issue of Fulani herdsmen menace rising across the country on resumption on Tuesday. Abdullahi said this while talking to journalists on Monday in his office, adding that his deputy who is representing Ondo North in the Senate, Prof. Ajayi Boroffice, will come up with a motion on the issue. The Senate Leader said the Federal Government has a role...

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U.S. Endorses Okonjo-Iweala for DG WTO, Promises Her Its Supports

BusinessEconomyWorld NewsU.S. Endorses Okonjo-Iweala for DG WTO, Promises Her Its Supports

Bada Yusuf Amoo (Correspondent)February 6, 2021

The United States (U.S.) has commended Nigerian financial expert, Dr. Ngozi Okonjo-Iweala, for her desire to contribute her wealth of knowledge to the development of the World Trade Organization (WTO) as it salutes the decision of the Republic of Korea’s Trade Minister, Yoo Myung-hee to withdraw her candidacy for Director-General of the (WTO). This endorsement and salutation were contained in a statement released by the United State Trade Representative (USTR) Public and Media Affairs, in...

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Wizkid Has Been My Idol from The Beginning of His Career till Now – Terri

EntertainmentMusicNewsNigeriaWizkid Has Been My Idol from The Beginning of His Career till Now – Terri

Bada Yusuf Amoo (Correspondent)February 6, 2021

Akewe Terry Daniel often referred to as Terri, who is signed to Wizkid’s record label, Starboy Entertainment, has revealed that he has been admiring the Wizkid from the beginning of his career till the present. Terri featured on Wizkid’s hit song in 2018, ‘Soco’, alongside another signee of the label, Spotless and Ceeza Milli. The youngster said, “From the beginning of Wizkid’s career till now he is my idol. Before anyone knew he would be...

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Adekunle Gold Headlined Virtual Concert

EntertainmentMusicNigeriaAdekunle Gold Headlined Virtual Concert

Bada Yusuf Amoo (Correspondent)February 6, 2021

Unity Bank recently offered its customers and other persons a unique experience in a virtual music concert. The concert which was described as an evening of fun, games, and live performances, was tagged, UBLive. The event took place on the official Instagram page of the bank. At the event, the headline act, Adekunle Gold delivered awesome performances. Hosted by the comedian, Mr. Hyenana, the event featured other artists such as Khell Magic, TFS dance crew,...

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Nigerian Cloud Scheduling App, Calendly, Raises $350m to Surpass Initial $3b Valuation

BusinessInvestingTechnologyNigerian Cloud Scheduling App, Calendly, Raises $350m to Surpass Initial $3b Valuation

Bada Yusuf Amoo (Correspondent)February 6, 2021

Calendly, a world-leading cloud scheduling app that got more usefulness in the wake of COVID-19 pandemic, has achieved a unicorn territory. In the report by The Atlanta Business Journal, the app which was founded by the Nigerian Tope Awotona has raised $350 million in the latest round of funding. Open View Venture Partners took the lead in the round with assistance from San Francisco-based Iconiq Capital. Calendly is a company that is one of the...

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