NAIJA BIZ

Antoinette Sayeh to join IMF as Deputy Managing Director

Antoinette Sayeh, a Liberian national is set to join the International Monetary Fund (IMF) as Deputy Managing Director following the proposal of the global lender’s Managing Director, Kristalina Georgieva. The appointment, which is subject to the approval of IMF’s Executive Board, will reportedly take effect on March 16, 2020. While announcing her choice of Sayeh, Georgieva welcomed her […]

NAIJA BIZ

Brent Crude drops by almost 4% to fall below $50

Global oil benchmark, Brent Crude, finally slipped below the $50 per barrel mark on Friday after declining by as much as 3.85%. It is currently trading at $49.74 per barrel according to Oilprice.com. This comes as the Coronavirus pandemic continues to spread throughout the world whilst grounding some economies (like China) to a halt. Nigeria confirmed its first […]

NAIJA BIZ

Canada invites 4,500 Express Entry Candidates, as cut-off score drops to 470

The Canadian Government has invited 4,500 Express Entry Candidates to apply for its Permanent Residency (PR) in its latest draw held on February 19, 2020. The report stated that this invitation round is the highest draw ever held by Canada. This increase is channelled towards the Government’s commitment to reaching this year’s target of 85,800 ITAs. The minimum Comprehensive Ranking […]

NAIJA BIZ

WAPIC Chairman, Aig-Imoukhuede increases stake in the insurance firm

Aigboje Aig-Imoukhuede, the chairman of WAPIC Insurance Plc has acquired more shares in the insurance firm. This was disclosed by the company in a notification sent to the Nigerian Stock Exchange and the dealing public. According to the details of the transaction, Aig-Imoukhuede increased his stake when he acquired185,253,549 units of shares at N0.36 per unit. The total value […]

NAIJA BIZ

Two new gold refineries to begin operation in Nigeria soon

Two new gold refineries have been licensed by the Federal Government of Nigeria to begin producing the special metal for export. This was disclosed by the Minister of Mines and Steel Development, Olamilekan Adegbite. The Minister explained that some of the gold produced by these companies will be held in reserve by the Central Bank of Nigeria, CBN. […]

Naija News

Coronavirus: Dele Momodu Spotted Wearing Mask, Gloves At Lagos Airport

Nigerian journalist, CEO and Publisher, Ovation International Magazine, Dele Momodu, is not taking chances with his safety and is doing everything humanly possible to avoid getting infected by the deadly coronavirus. Earlier today at the Murtala Mohammed Airport, Lagos, Momodu was spotted wearing a nose mask and gloves. In a post on his Instagram page, […]

football sports

Coronavirus poses threat to Liverpool’s Premier League ambition

According to The Telegraph, there is presently no specific regulation in place for a scenario where the season will have to be curtailed due to the virus outbreak. Liverpool FC is not guaranteed the title of Premier League champions if the spread of the coronavirus infection leads to the cancellation of matches, Telegraph Sport reported. […]

Naija News

Northern political leaders to blame for poverty in region – Shehu Sani

Former senator representing Kaduna Central Senatorial Seat in the upper legislative chamber, Senator Shehu Sani on friday, hinted that the fast growing poverty leading to higher rate of begging in the north was due to social injustice and the systemic failure of political leaders of the region. Sani, an activist insisted that the poverty ravaging […]

Entertainment

I Was R*ped, Drugged And Held Captive For Days’ – Popular Singer, Duffy Makes Startling Revelation

Popular singer, Duffy has spoken on why  Popular Welsh singer-songwriter, Aimee Anne Duffy, has shed light on events that led to her protracted hiatus from spotlight. In a lengthy and emotional-laden post on her social media page, the award-winning singer explained that she was “r*ped, drugged and held captive” by an attacker. According to the […]

Entertainment

Hollywood actress Lori Loughlin faces trial for college admissions fraud

Hollywood actress Lori Loughlin will be among eight parents to be docked in October at a US Federal court in Boston, accused of participating in a vast U.S. college admissions bribery and fraud scheme. The “Full House” star, along with her fashion designer husband, Mossimo Giannulli, are among 15 parents fighting charges brought by federal […]