News

akinwunmi adeshina Photo

Akinwumi Adesina Wins $250,000 World Food Prize Laureate

Nigeria’s ex-minister Akinwumi Adesina, president of the African Development Bank, has been named the winner of this year’s World Food Prize. The prestigious U.S.$250,000 prize is given annually to a person who has worked to advance human development by “improving the quality, quantity or availability of food in the world”. Over a 31-year existence, the

Yahya Jammeh

Gambian President Gets New Title

The Gambia’s long-serving President Yahya Jammeh has had the title of Babili Mansa added to his name. The Mandika-language phrase can be translated as “chief bridge builder” or “conqueror of rivers.” A statement from the presidency said Jammeh should now be known as “His Excellency Sheikh Professor Alhaji Dr Yahya AJJ Jammeh Babili Mansa.” He

Gbajabiamila Emerges Reps’ Majority Leader

The leadership crisis in the House of Representatives appears to have been solved, as Femi Gbajabiamila, the three-term member, representing Surulere Federal Constituency of Lagos, emerged the Majority Leader of the 8th House. Yakubu Dogara, the speaker of the house, announced his appointment as they resumed sitting earlier today, Tuesday, July 28. Other positions announced by the

edo election

Edo: Tribunal Refused PDP Request

The Edo State Election Petition Tribunal sitting in Benin Wednesday evening turned down the oral application by the Peoples Democratic Party, PDP, and its candidate in the September 28, 2016, governorship election, Osagie Ize-Iyamu for an extension of the time allotted it to prove their case by half a day. Yusuf Alli, senior advocate of

National Assembly Mace

Senate Opposes Sale Of National Assets

The Senate this morning votes against the controversial sale of national assets when it rejected an item on the report of a committee on the issue. A post on the Senate Twitter handle quotes Ali Ndume, the Senate leader of saying “The Senate oppose the sale of National Assets to shore up Foreign Reserves.” Since

Iran Reaches Deal With World Powers

The 20 months’ talks of twists and turns between Iran and world powers—the United States, United Kingdom, Russia, China and Germany—has ended with a deal by the negotiators. The new agreement would help to stop or slow down Iran’s sensitive nuclear activities to ensure that it cannot build a nuclear weapon. It would also give

Business

Kennedy Uzoka GMD CEO UBA Photo

$500m Eurobond: Global Investors Validate UBA’s Pan-African Growth Strategy

Group Managing Director and Chief Executive Officer, United Bank for Africa Plc., UBA, Kennedy Uzoka says the $500 million Eurobond raised by the bank, which was 240 percent over-subscribed, reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. According to the Bank, the Global Offering is a five-year

Kennedy Uzoka GMD CEO UBA Photo

$500m Eurobond: Global Investors Validate UBA’s Pan-African Growth Strategy

Group Managing Director and Chief Executive Officer, United Bank for Africa Plc., UBA, Kennedy Uzoka says the $500 million Eurobond raised by the bank, which was 240 percent over-subscribed, reflects the strong global investor appetite for UBA’s credit and support for the Group’s pan-African financial services strategy. According to the Bank, the Global Offering is a five-year

Photo of Muhammadu Buhari

FG Unfolds Plans For $29.960bn Foreign Loan

The Federal Government has given details of its plans to take a $29.960 billion foreign loans designed to address infrastructure deficit in the country. Festus Akanbi, Special Assistant on Media to the Minister of Finance, Kemi Adeosun, said in a statement issued in Abuja that the borrowing is a three-year-plan covering proposed projects for 2016

Bitters

War Of The Bitters

There seems to be no respite yet for Nigerian manufacturers, especially brewers of herbal drinks whose trade has come under attack by imitators. That is why, when recently, Paul Orhii, director-general, National Agency for Food and Drugs Administration and Control, NAFDAC, alerted the nation that the agency would soon clamp down on unregistered herbal drinks,

Ukraine: Fighting Continues Despite Truce

Fierce fighting has continued between government troops and pro-Russian rebels in east Ukraine, despite renewed diplomatic efforts to enforce a truce. Ukraine officials said six government soldiers were killed in the past 24 hours and army positions were fired on 26 times near the rebel stronghold of Donetsk. The rebels said one of their fighters

‘Men Get Intimidated When They See Me’- Adeola

‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola   Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,

‘Men Get Intimidated When They See Me’- Adeola

‘Men Get Intimidated When They See Me’ -Adeola Laketu Jaiyeola   Adeola Laketu Jaiyeola, is a young Nigerian entrepreneur and CEO of Biike’s Castle, a foot wear making outfit. Supplying clients with handmade male and female foot wears has brought fame and fortune to her. She is delighted that she is patronised by “the rich,

EnTELLtainment

How Lady Gaga’s Fiancé bought her $295,000 Shoes

Could buying shoes worth of $295,000 for your fiancée be a declaration of love? Well it might be as Lady Gaga, an American singer, is the lucky new owner of all three pairs of Alexander McQueen Armadillo boots that were up for auction at Christie’s New York. On Friday, July 24, Footwear News, FN, reported

WriteHouse, Patabah Books To Host Popular Nigerian Authors

WriteHouse Publishing House in collaboration with Patabah Books Limited, a Lagos bookstore is set to host top Nigerian authors, Olubunmi Familoni and Dami Ajayi, on Sunday, March 22, 2015. The event, which will take place at the Adeniran Ogunsanya Shopping Mall, Surulere Lagos by 3pm, will be an interactive discussion that is centred on the

Sport

Fifa Council

FIFA Awards Media Rights To African Companies

Ahead of the 2017-2018 football calendar, soccer ruling body, FIFA, has granted media rights to five broadcasting companies in sub-Saharan Africa. The announcement of the successful media followed an “open tender process for 42 territories” to that effect. The rights guarantees coverage of  FIFA events during  2017-2018, which include FIFA U-20 World Cup 2017; FIFA

HealthXtra

Federal Govt Declares Nigeria Free Of Meningitis

The Federal Government has declared Nigeria free from the latest ‘Type C’ deadly Cerebrospinal Meningitis (CSM), which claimed almost 2,000 lives since its outbreak in late 2016. The Chief Executive Officer of the Nigeria Centre for Disease Control (NCDC), Dr Chikwe Ihekweazu, in a statement on Saturday, confirmed that the Emergency Operations Centre (EOC) responding

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