SOUTH EAST SIT-AT-HOME: Time To Count Our Loses And Move On Through Mass Action

BlogBusinessOpinionSOUTH EAST SIT-AT-HOME: Time To Count Our Loses And Move On Through Mass Action

PilotnewsMarch 29, 2022

By Joe C. Anatune, Guest Columnist and Blogger We are literally at a precipice. The needless bloodshed, wanton maiming and reckless destruction of property have shaken the foundation of our society. The economic losses are mind-boggling. These have unfortunately blurred the purpose of the real agitation. The manifestations are many and varied but totally negative. Take Mr. Okeke Arinze for an example. He is an okada driver in the Ekwulobia neighbourhoods. Every Monday, Okeke idles...

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Sit-at-Home: Skeletal Activities Resume in Awka, As Banks, Schools, Parks Remain Shut in Onitsha Nnewi, Ekwulobia

BusinessHuman Rights & FreedomSit-at-Home: Skeletal Activities Resume in Awka, As Banks, Schools, Parks Remain Shut in Onitsha Nnewi, Ekwulobia

PilotnewsMarch 28, 2022

By Emmanuel Chigbata and Mbabie Anastasia (Student Staff Reporters) There was mixed compliance in Anambra State today, Monday, March 28th, 2022, following the directive of Anambra State Governor, Professor Chukwuma Charles Soludo, that all public servants, should resume work every Monday as well as all markets to open. The governor had through the Head of Service, Mr. Theodora Igwegbe, issued a statement on Friday, directing workers to start resuming normal activities every Monday. On a...

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Buhari Commissions $2.5bn Dangote Fertilizer Plant in Lagos

BusinessInfrastructureBuhari Commissions $2.5bn Dangote Fertilizer Plant in Lagos

Bada Yusuf Amoo (Correspondent)March 23, 2022

LAGOS — President Muhammadu Buhari on Tuesday commissioned the Dangote Fertilizer Plant in the Ibeju Lekki area of Lagos. The President inaugurated the multi-billion dollar facility at an event that was well attended by many political, traditional, and religious leaders, this included key members of the private sector from various parts of the country. They include the President of the Senate, Ahmad Lawan; Speaker of the House of Representatives, Femi Gbajabiamila; Chairman of the Nigeria...

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Reps Ask CBN to Enforce Use of Coins as Legal Tender.

MoneyNational AssemblyNewsReps Ask CBN to Enforce Use of Coins as Legal Tender.

Beloved John (Staff Writer)March 22, 2022

ABUJA — The Nigerian House of Representatives has asked that the use of coins be enforced as a legal tender. The lawmaker urged the Central bank of Nigeria (CBN) to tackle price inflation and trigger economic stability with the use of coins. The resolution was passed during the plenary session on Tuesday following the adoption of a motion sponsored by Muda Umar from Bauchi state. According to the legislator, the non-usage of coins negatively affected...

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Ife Indigenes Kick Against OAU’s New VC’s Appointment, Invade Campus With Fetish Objects, Charms

EducationJobsNewsIfe Indigenes Kick Against OAU’s New VC’s Appointment, Invade Campus With Fetish Objects, Charms

By Ezinwanne Onwuka (Senior Reporter)March 22, 2022

ILE-IFE — Protests by some indigenes of Ile-Ife over the appointment of a new Vice-Chancellor for Obafemi Awolowo University (OAU) turned ugly on Monday as some of the protesters invaded the campus, armed with charms and other fetish objects. On Thursday, March 17, the university governing council, led by its chairman, Owelle Oscar Udoji, announced a professor of Agricultural Economics, Professor Adebayo Simeon Bamire, as the 12th substantive Vice-Chancellor. But some indigenes of the varsity’s...

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Portable Bags N50m Endorsement Deal with Obi Cubana

BusinessEntertainmentMusicPortable Bags N50m Endorsement Deal with Obi Cubana

Bada Yusuf Amoo (Correspondent)March 22, 2022

LAGOS — Nigerian street singer, Habeeb Okikiola, popularly known as Portable, has bagged an endorsement worth N50 million deal with socialite, Obi Iyiegbu, popularly known as Obi Cubana. Portable who shared videos of the endorsement on his Instagram handle was in the company of Obi Cubana wearing shirts of the brand he will be representing. The Zazu Zeh crooner will be endorsing a new herbal drink recently launched by Obi Cubana. Announcing the endorsement on...

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Retirement: Time And Ways To Plan For Retirement in Nigeria

InvestingLifestyleRetirement: Time And Ways To Plan For Retirement in Nigeria

Ije Ulasi (Regional Correspondent)March 22, 2022

Planning For Your Retirement Life may be in phases but its success is cumulative, not independent; a weak link can crash a great dynasty as a chain is as strong as its weakest link.   Promoting culture and the need for saving for the future, the Igbos a major tribe in Nigeria, known for their deep and meaningful adages says, “nkụ onye kpara n’ọkọchị ka ọ na anya n’udu mmiri,” freely translated as ones actions...

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Chinmark Group Withholds Over 4,000 Investors’ ‘Billions’, Aggrieved Investors Drag Marksman, Pst. Timothy Benedict, Others On Social Media

BusinessInvestingChinmark Group Withholds Over 4,000 Investors’ ‘Billions’, Aggrieved Investors Drag Marksman, Pst. Timothy Benedict, Others On Social Media

By Ezinwanne Onwuka (Senior Reporter)March 22, 2022

About 4,500 aggrieved investors have lashed the Chief Executive Officer and Chairman of Chinmark Group, Marksman Chinedu Ijiomah, over unpaid funds invested in the company despite the March 19 deadline given for refund to investors. Caught in the web also includes a social media influencer and brand ambassador for the “investment company”, Amanda Chisom; Harrison Gwanishu, another social media promoter of Chinmark; as well as the spiritual pillar of Chinmark, Pastor Timothy Benedict, lead pastor...

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NNPC To Deduct N242.53bn Fuel Subsidy From FAAC Account This Month

BusinessNewsOil & GasNNPC To Deduct N242.53bn Fuel Subsidy From FAAC Account This Month

Bada Yusuf Amoo (Correspondent)March 21, 2022

ABUJA — The Nigerian National Petroleum Company Limited has said it will deduct N242.53 as subsidy for Petroleum Motor Spirit (PMS), popularly called petrol, from the federation account for the month of March. Although it described the proposed subsidy deduction as a value shortfall, the oil firm stated that the fund would be recovered from February 2022 proceeds due for sharing in the March 2022 Federation Account Allocation Committee meeting. The NNPC disclosed this in...

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Nigeria’s Debt Profile Hit N39.5 Trillion

EconomyNewsNigeriaNigeria’s Debt Profile Hit N39.5 Trillion

Hassan Umar Shallpella (Regional Correspondent)March 18, 2022

ABUJA — Nigeria’s Total Public Debt which as of December 31, 2021, was N39.5 Trillion represents the total External and Domestic Debt of the Federal Government of Nigeria, 36 State Governments, and the Federal Capital Territory (FCT). The Debt Management Office (DMO) in a statement indicates that the New Borrowings were raised from diverse sources, primarily through the issuances of the Eurobonds, Sovereign Sukuk, and FGN Bonds. These capital raisings were utilized to finance capital...

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