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The Chairman, Congress of University Academics at the Obafemi Awolowo University, Dr Niyi Sumonu, has spoken on the case involving a a professor at the university, Richard Akindele, accused of requesting for sex from a female student in order to raise her scores. Professor Akindele was on Monday fingered in sex allegations after leaked conversation between him and the student emerged online. In the said phone conversation, the professor could be heard asking the student to have sex with him five times to upgrade her scored from 33 to a pass mark. Reacting, Sumonu asked the university to investigate the matter. He said, “If it is established that this is true, the person, who perpetrated that does not belong to the academic environment. We are supposed to mould the lives of the students – males and females.” Also Reacting , the immediate past Deputy Coordinator of NANS in the South West, Mr. Saheed Afolabi, called for a thorough investigation into the matter. He said, “This is b...

The National Population Commission (NPC) has put Nigeria’s current population at 198 million people with urban population growing at an average annual growth rate of about 6.5 per cent. Chairman of NPC, Mr Eze Duruiheoma, stated this in New York while delivering Nigeria’s statement on Sustainable Cities, Human Mobility and International Migration at the 51st Session of Commission on Population and Development. Duruiheoma said: “Nigeria remains the most populous in Africa, the seventh globally with an estimated population of over 198 million. “The recent World Population Prospects predicts that by 2050, Nigeria will become the third most populated country in the world. “Over the last 50 years, the Nigeria’s urban population has grown at an average annual growth rate of more than 6.5 per cent without commensurate increase in social amenities and infrastructure. “It grew substantially from 17.3 in 1967 to 49.4 per cent in 2017. In addition, the 2014 World Urbanisation Prospects rep...

Lafarge Africa Plc, a sub-Saharan African building materials company, on Monday announced a loss after tax of N34.601 billion for the year ended December 31, 2017, compared with a profit after tax of N16.898 billion in 2016. The audited results showed that Lafarge recorded revenue of N299.153 billion, up 36 per cent from N219.714 billion in 2016. Gross profit stood at N50.759 billion in 2017, compared with N40.662 billion in 2016. Administrative expenses jumped from N23.737 billion to N41.595 billion in 2017, while finance cost rose from N38.216 billion to N43.216 billion due to high charges on over draft and bank borrowings. Lafarge Africa’s total loans and advances increased to N256.546 billion, from N104.709 billion in 2016. The company ended the year with a loss of N34.601 billion as against a profit of N16.898 billion. Despite the loss, the directors have recommended a dividend of N13.010 billion, which translates to 150 kobo per share, up from 105 kobo paid the previous year...

Three Boko Haram insurgents have been killed by the Nigerian Army as it continues its clearance operation - Troops rescued 149 people who were being held hostage by the insurgents - The logistics of the Boko Haram sect was also destroyed during the operation The Nigerian army on Sunday, April 8, said its troops rescued 149 persons in the ongoing clearance operation against remnants of Boko Haram insurgents at Yerimari-Kura community in Sambisa axis. Col. Onyeama Nwachukwu, the deputy director, Army public relations, said in a statement that the troops killed three insurgents and captured five others in the encounter, NAN reports. “ Troops of Operation Lafiya Dole have continued to make progress in clearance operations to smoke out Boko Haram insurgents who escaped from their previous stronghold in the Sambisa Forest. “On Saturday, the troops made further operational exploit into Boko Haram’s hideout at Yerimari-Kura, in a deliberate operation to extricate and rescue h...

Senate President, Abubakar Bukola Saraki has said that lack of due engagement with the parliament may force majority of senators to oppose President Muhammadu Buhari’s approval to withdraw $1 billion to fund purchase of security equipment. Saraki also blamed unending Executive, Legislature friction on lack of consultation and collaboration between the two arms. He said that some senators who spoke to him on the approved $1 security fund were uncomfortable that the President would approve the expenditure of such huge some of money without recourse to the National Assembly. The Senate President did not however say whether the upper chamber will block the use of the fund for what President Buhari intended. Saraki spoke in Jos, Plateau State on Saturday at a retreat on “Strengthening Executive-Legislature Relations”. It is expected that President Buhari’s approval of $1 billion for purchase of security equipment would be one of the topical issues for debate when the Senate resumes p...

Orji Uzor Kalu net worth  Orji Uzor Kalu Net Worth is $1.1 Billion, he is currently the chairman of SLOK Holding. Mr. Orji is also the chairman of First International Bank Limited. He also owns Daily Sun,a Nigerian newspaper which has a daily circulation of over 130,000 copies as at June 2014. About SLOK Holding This is a consortium of companies with business interests spread all over West Africa. The company has interests in real estate, oil, finance, media and publishing, insurance and tourism among others. Daily Sun newspaper is part of SLOK Holding as the major arm of their media and publishing segment. Orji Uzor Kalu Airline - SLOK Airline During the Obasanjo era SLOK airline owned by the former governor of Abia state Orji Uzor Kalu was suspended, since then it has halted its activities in Nigeria. Today, the airline is the major air carrier in the Gambia, and has other offices in Ivory Coast, Ghana, Senegal, Sierra Leone, Guinea and Liberia. According to reports Sl...

The daughter of MFM Regional Overseer in Ondo state, Pastor Olatunde is still in the net of some suspected kidnappers who abducted her last week Monday while returning from school in Akure. According to police investigation, 13-year-old Belove Olatunde was returning from Ileriayo nursery and primary school in Ologede area of Akure on Monday when she was kidnapped. Belove who has difficulty expressing herself is yet to be found. Her family is appealing to anyone who see her to call these numbers 08036034277,08102824277,08062323939,08164544303,09068808402 or report to the nearest police station. Ondo state Police spokesman, Femi Joseph said the State Police command will do everything possible to secure her release.

The Co-Chair of the Bill and Melinda Gates Foundation, Mr. Bill Gates, again on Monday criticised the Federal Government’s Economic Recovery and Growth Plan. Gates, in an interview with the CNN, said that the Federal Government’s investment in education and health was not good enough. “While it may be easier to be polite, it’s more important to face facts so that you can make progress,” the philanthropist told a room of Nigeria’s government elite that included the President. In an exclusive television interview with the CNN, Gates said he spoke out to implore Nigerian politicians to focus on human capital and its large youth population. “The current quality and quantity of investment in this young generation in health and education just isn’t good enough. So, I was very direct,” he told CNN. The philanthropist had at a special session of the National Economic Council, on Thursday, said Nigeria would do better with strong investments in health and education, rather than concentra...

Michael Adeniyi Agbolade Ishola Adenuga Jr (born 29 April 1953) is a Nigerian billionaire businessman, and the second-richest person in Nigeria . His company Globacom is Nigeria's second-largest telecom operator, and has a presence in Ghana and Benin. He owns stakes in the Equitorial Trust Bank and the oil exploration firm Conoil (formerly Consolidated Oil Company ). Forbes has estimated his net worth at $5.8 billion as of 2017, which makes him the second-wealthiest Nigerian behind Aliko Dangote , with a net worth of $14.1 billion. Early life and education His father, the Oloye Michael Agbolade Adenuga Sr, was a school teacher while his mother, Juliana Oyindamola Adenuga (née Onashile, of Okesopin, Ijebu Igbo ), was a businesswoman of royal Ijebu descent. Adenuga received his secondary school education at Ibadan Grammar School , Ibadan, and Comprehensive High School, Aiyetoro, for his Higher School Certificate (HSC). He worked as a taxi driver to help fund his university edu...

Russian businessman Sergei Mavrodi, whose MMM pyramid scheme deprived millions of Russians of their savings in the 1990s , has died of a heart attack , according to Russia media. Reports said the 62- year -old was rushed to the hospital late on March 25 with pain in his chest and died several hours later . Mavrodi’ s MMM financial pyramid was a typical Ponzi scheme in which earlier investors receive their profits from subsequent investors . Mavrodi promised returns of 20 percent to 75 percent a month, as well as lotteries and bonuses for investors. As soon as the number of new clients stopped growing , the pyramid collapsed , causing huge financial losses for at least 10 million people , in some cases leaving them destitute . In 1994, Mavrodi was elected as a lawmaker , a decision he later said was to ensure he received immunity from prosecution . In 1996, he lost his parliamentary mandate. In 2007, a Moscow court found him guilty of financial fraud and sentenced him to 4 1/2 yea...

Nigerian rapper, Sauce Kid, finally released from U.S prison after being jailed of Grand Theft Fraud and stealing of $15,388. Sauce Kid who spent 2 years in U.S prison was released Yesterday, his friend "dammykrane" took to his instastory to announce it. Watch Video Below: https://www.youtube.com/watch?v=tueqrPDzOr4

Access Bank Plc has released its audited results for the year ended 31 December, 2017,with total Income of N459.1 billion, representing an increase of 20 percent over N381.3 billion recorded in 2016. The growth in total income was mainly due to a 29 per cent increase in interest income at N319.9 billion in 2017,(representing 84% contribution).from N247.2 billion in 2016. However, Profit Before Tax, PBT, declined by 11 percent to N80.1 billion in 2017,compared to N90.3 billion in 2016.This was due mainly to the adverse lingering effects of the macro factors on asset quality in the industry. Asset Impairment charges amounted to N34.47billion in 2017,compared to N21.95billion, in 2016. Net Interest Income(Interest Income less Interest Expenses) grew by 17 percent ,at N163,452 billion in FY 2017, compared to N139,148 billion in 2016. Non-Interest Income grew by five percent to N139.1 billion, in 2017 from N133.4 billion in 2016.l The growth in the group’s Interest nIncome was boosted...

Former Vice President, Atiku Abubakar has reacted to the statement credited to philanthropist and founder of Microsoft, Bill Gates concerning Nigeria’s Economic plan. Bill Gates at the expanded national economic council presided over by Vice-President Yemi Osinbajo said that President Buhari’s economic recovery growth plan (ERGP) does not truly reflect the needs of Nigerians. He was quoted as saying “The Nigerian government’s economic recovery and growth plan identify investing in our people as one of three strategic objectives. “But the execution priorities don’t fully reflect people’s needs, prioritising physical capital over human capital.” Reacting, Atiku hailed Bill Gates for his interest and support in the economic growth of Nigeria. The Former Vice President wrote on his Twitter page “I applaud @BillGates for his interest and support of Nigeria. “I share his concerns of the challenges we face and believe as he does they can be overcome when we as a nation consciously mak...

When God created us, we were meant to exploit the day and rest when it’s night. As years are passed by, human beings got engaged in activities that will keep them up both during the day and at night. Like somewhere like Lagos, I don’t think there is something like day and night. Things keep happening, traders keep selling, and drivers keep driving. Most people have adapted to this radical change in lifestyle. Driving at night can never be the same as driving during the daytime. They are two different things. Our ability of driving relies on sight. This our ability to see goes down with darkness when darkness comes around. In the absence of sunlight, darkness will gradually strangle your ability to see very well. Your depth perception, color recognition and peripheral vision are all tampered with. Again, we are not as bright and alert at night as we are during daytime. If you should carry out your research properly, you’ll see that up to 50% of fatal car accidents occur at night. ...

The victims who were killed in fresh herdsmen attack - have been buried. They were laid to rest in a mass grave yesterday in Bokkos Local Government Area of Plateau state. The death toll from the attacks on communities in Plateau State has risen to 16, the Police have said, but residents claimed 25 people have been killed. Residents blamed herdsmen for the attack on communities in Bokkos Local Government Area, including on the days President Muhammadu Buhari visited the state. The Police spokesman said 16 people had been confirmed killed in the multiple attacks on several villages between Wednesday, March 7, and Friday, March 9. He said the Command had deployed more personnel to restore peace to the troubled areas, and advised the people to remain calm and avoid taking laws into their hands. Meanwhile, community leaders, who briefed journalists in Jos Sunday, said 25 people were killed in the attacks, while many others were still missing. The community leaders blamed the attacks ...

Nigel Farage has announced he will stand down as the leader of the UK Independence Party (UKIP), saying "I've done my bit" to get Britain out of the European Union. He said UKIP was "in a good position" following the EU referendum and that his political ambition had been achieved. "I came into this struggle from business because I wanted us to be a self-governing nation, not to become a career politician," Farage said. Thank you to all my supporters in @UKIP a beyond. Delighted with the result we fought long to achieve. #BrexitBritain — Nigel Farage (@Nigel_Farage) July 4, 20 Source - CNN

According to the report, the lawmaker representing Orelope constituency in the state house of assembly, Gideon Aremu was murdered last night by unknown gunmen. A source who confirmed the authenticity of the report said the gunmen trailed the lawmaker to his residence in Egbeda local government are of the state before pumping several bullets into his body. Confirming the story, spokesman of the Oyo police command, Adekunle Ajisebutu said investigation into the assassination has already begun. His words: “I can confirm that the incident happened late yesterday, and the police have swung into action.” Meanwhile, following the twin explosions and gunfire that recently rocked Istanbul’s Ataturk international airport in Turkey, that left 36 people dead and more than 40 people wounded, Nigerian authorities has responded swiftly by beefing up security at major airports.

Gunmen seized a bakery in Dhaka overnight, killing 20 hostages and two officers in a siege that ended Saturday morning, the Bangladeshi military said. All the hostages killed were foreigners, the military said. The attackers used guns, explosive devices and "a lot of sharp domestic weapons," said Brig. Gen. Naeem Ashfaq Chowdhury of the Bangladesh army. The hostages' bodies were found after the standoff ended in the country's capital. Bangladeshi troops rescued 14 hostages, according to Brig. Gen. Mujibur Rahman of the Bangladesh army. Prime Minister Sheikh Hasina provided a different number, but officials said the figures are preliminary. Source: CNN

 A Taiwan warship mistakenly launched a supersonic "aircraft carrier killer" missile toward China Friday, hitting a fishing boat and killing the boat's captain in an incident China called "a serious matter." A spokesman for Taiwan's Ministry of National Defense apologized on behalf of the military. "The Ministry of National Defense sincerely apologizes for the incident that caused the death of the captain (of the boat) and injured other crew members," Maj. Gen. Chen Chung-Chi said in a news conference. The ministry has also asked the Navy to provide assistance and compensation to the family of the victims. The deceased captain has been identified as Huang Wen-Chung, the defense ministry confirmed, according to Taiwan Focus, the English- language service of state-run Central News Agency. Chung-Chi said the missile, the "Hsiung Feng III," ripped through the fishing boat but did not explode Source:CNN

President Muhammadu Buhari has removed about 184 top budget officials from budget duties and redeployed them to establishments that have little or nothing to do with budget over their roles in padding the 2016 budget. The present move is pursuance to his earlier stance to deal decisively with all those involved in the padding of the 2016 National Budget which has brought much embarrassment to the federal government. Speaking about the shakeup, a top official in the budget office confirmed to Vanguard that 22 top officers from the budget office of the federation were affected in the mass deployment. The rest were moved away from budget-related duties in other ministries, departments and agencies, (MDAs). Following the mass redeployment, 14 other directors said to have been tested have been redeployed to the same office with immediate effect to replace the removed officers. The directive to redeploy the tainted officers to other duties reportedly came the office o...