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Posted in NAIJA BIZ

REVEALED: Amount PFAs invest in Treasury Bills

The National Pension Commission (PenCom), in its monthly report released by Peter Aghahowa, the commission’s Spokesman, disclosed that Pension Fund Administrators (PFAs) in the country have invested N1.49 trillion in Treasury Bills. PenCom also disclosed that the PFAs have invested N4.22 trillion in Federal Government’s bonds, Federal Mortgage Bank of Nigeria (FMBN)…

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Posted in NAIJA BIZ

IMF says its GDP growth and Inflation rates are more reliable than FG’s

The International Monetary Fund (IMF) says its economic growth projections are more reliable than those put forward by the Federal Government of Nigeria. In the past few years, economic projections like the mid-year economic growth, full-year economic growth, inflation rate etc projected by the IMF and World Bank have been…

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Posted in NAIJA BIZ

Labour unions to hold nationwide mass protest over new minimum wage

Nigerian labour unions have unanimously fixed Tuesday, October 30, to hold a nationwide mass protest as part of its activities to sensitise workers and other Nigerians. In a joint statement signed by Presidents of Nigeria Labour Congress (NLC), Trade Union Congress of Nigeria (TUC), and United Labour Congress of Nigeria (ULC), Ayuba…

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Posted in NAIJA BIZ

These factors are threatening the survival of Nigeria’s telecom sector

Stakeholders in the Telecoms industry are worried that recent government policies may destroy the gains witnessed in the industry. The stakeholders lamented that Investment inflow into the Nigerian telecommunications industry is witnessing a lull without appreciable Foreign Direct Investment since the industry hit the N21.45 trillion ($70 billion) investment mark…

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Posted in NAIJA BIZ

Paris Club Refund: Workers threatens to embark on strike

Ondo State chairmen of the Nigeria Labour Congress (NLC), Tayo Ogunleye, Trade Union Congress (TUC) Chairman, Soladoye Ekundayo and Joint National Committee (JNC) Chairman, Comrade Abel Oloniyo, have unanimously threatened to embark on industrial action. While bemoaning Ondo State’s Governor Rotimi Akeredolu who walked out of a meeting with the government and the…

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Posted in Naija News

We have no plan to impeach Ambode – Lagos Assembly

The Lagos State House of Assembly on Monday said it has no plan to impeach Governor Akinwunmi Ambode as being rumoured. Speaker of the House, Mudashiru Obasa at the Plenary session said that there was no truth in the rumour, saying that he received telephone calls and inquiries from prominent members of…

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Posted in Naija News

2019: SDP presidential candidate, Donald Duke picks Junaid Mohammed as running mate

Donald Duke, the presidential candidate of the Social Democratic Party (SDP), has picked Junaid Mohammed, as his running mate ahead of next year’s presidential elections. Duke revealed this in a statement posted on his verified Twitter page on Sunday. “The Presidential candidate of the Social Democratic Party, SDP, Mr Donald Duke,…

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Posted in Naija News

Osun election: Tribunal reconstituted, grants PDP’s exparte application

A newly constituted election tribunal for Osun gubernatorial election on Monday delivered its ruling on an exparte applications brought by the Peoples Democratic Party (PDP) for substituted service and to take custody of the certified copies of materials used for the just concluded exercise. Recall that the disbandment of the…

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Posted in Naija News

How National Assembly saved Nigeria from collapsing

The Speaker of the House of Representatives, Yakubu Dogara, has said that the National Assembly has saved the country from collapsing. Dogara pointed out that In order to attain stable, strong and effective governance in Nigeria, the National Assembly must receive priority attention in terms of capacity building. He made this…

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Posted in Naija News

Biafra: MASSOB reveals who Nnamdi Kanu is working for

The leader of the Movement for the Actualization of the Sovereign State of Biafra, MASSOB, and Biafra Independence Movement, BIM, Chief Ralph Uwazuruike has advised Biafrans to treat the reappearance of Mazi Nnamdi Kanu, the leader of the Indigenous Peoples of Biafra, IPOB with caution. Uwazuike speaking at a press conference…

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Posted in Naija News

Edo Deputy Speaker impeached

The deputy Speaker of the Edo State House of Assembly, Hon. Tiger Edoror has been impeached. The impeachment followed a motion moved by the member representing Oredo East Constituency, Hon. Osaigboyo Oyoha, Channels reports. Hon. Oyoha moved the motion, alleging financial misappropriation, anti-party activities and corruption against the former Deputy Speaker….

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Posted in Naija News

EFCC arraigns ex-banker over alleged N8.7m fraud

The Economic and Financial Crimes Commission (EFCC) on Monday charged a former banker, Ali Kareem, with impersonation and N8.7 million fraud before a Federal High Court Lagos. The accused appeared before Justice Chuka Obiozor on a three-count charge of conspiracy, impersonation and fraud. He, however, pleaded not guilty to the charge. The…

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Posted in Naija News

Queen Zaynab Forgives Ooni Of Ife

Philanthropist and ex wife of the Ooni of Ife Queen Zaynab-Otiti Obanor says there is grace in forgiveness as she has chosen to let go of any past hurt or grievances she felt against her former husband Oba Adeyeye Enitan Ogunwusi Ojaja II, the 51st Ooni of Ife. The Ooni…

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Posted in Naija News

Nigerian Army orders for 10,000 ballistic vests, helmets

Three unions with members in the National Health Insurance Scheme office on Monday protested the resumption of its suspended Executive Secretary, Prof. Usman Yusuf. The unions are the Association of Senior Civil Servants of Nigeria (ASCSN), Medical and Health Workers Union of Nigeria (MHWUN) and Nigeria Civil Service Union. The protest trailed…

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Posted in Entertainment

Nollywood Actress, Nse Ikpe-Etim Celebrates 44th Birthday With Adorable Photos

Nse Ikpe-Etim has spent over four decades in this world and you will not believe considering her lovely stature and looks.  Nollywood actress Nse Ikpe-Etim is celebrating her 44th birthday with adorable photos. Nse Ikpe-Etim (born 1974) is a Nigerian actress. She came into prominence in 2008 for her role in…

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Posted in Entertainment

BBNaija Star, Bambam Looks Gorgeous In Bridesmaid’s Outfit (Photos)

29-year old Bells University graduate, BamBam was the cynosure of all eyes as she attending the wedding ceremony of one of her friends.  BBNaija 2018 housemate, BamBam was on bridesmaid duty and she was so gorgeous. For the wedding, she wore a pink floor-length dress and we can’t help but ooh…

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Posted in Entertainment

I Will Always Pick Money Over S*x In A Relationship – Nollywood Actress

Fast-rising Nollywood actress, Bukola Olaoluwakiitan has opened up on her career, love, s*x and much more in a new interview.  Upcoming Yoruba actress, Bukola Olaoluwakiitan may very well be chasing a rare record in Nollywood after having featured in 30-35 films in the first year of her acting career. Beautiful, determined…

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Posted in Entertainment

BBNaija’s BamBam Reveals How She Felt After Her Eviction

Reality TV star Bambam has opened up on how she felt after her eviction from Big Brother Naija, BBN and according to her she felt so much relieved of the entire stress and happenings in the house. She made this revelation in a new interview with Sunday Punch, where she also…

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Posted in Entertainment

See The Full List Of Africa MAA 2018 Winners

The African Movie Academy Awards (AMAA) 2018 held last night with veteran stars like Richard Mofe-Damijo, Joke Silva, and many others winning big. The 2018 edition of the Africa Movie Academy Awards held in Kigali, Rwanda. See the full winners list below; Best actor in a supporting role: Gideon Okeke –…

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Posted in Entertainment

Nollywood Mourns Death Of Popular Movie Producer

The death has been announced of popular Nollywood producer who died of undisclosed illness in Lagos.  A renowned Nollywood producer, Chris Ekejimbe, died in the early hours of Saturday at the Lagos University Teaching Hospital, LUTH, after an undisclosed illness. Until his death, he was a member of the board of…

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