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Thursday , 18 January 2018


Ronaldo, Messi make Team of the Year


UEFA on Thursday  named both Cristiano Ronaldo and Lionel Messi in their team of the year., Daliy Mail reports But there was a surprise as no place was given to Paris Saint-Germain ace Neymar in the line-up, despite a year in which he made a record-breaking transfer from Barcelona. Chelsea forward Eden Hazard was selected ahead of him on the left wing, ...

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Dangote still Africa’s richest for 7th year with $12.2b net worth


President of Dangote Industries Alhaji Aliko Dangote remains Africa’s richest with a net worth of $12.2billion, according to Forbes. This is an increase of $100 million from his worth when the assessment was done by the influential magazine last year. Dangote is the continental richest for the seventh year in a row. Bill Gates is the richest in the world ...

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Sterling Bank CEO, Adeola, retires in March,Abu is successor


The founding Director and Chief Executive Officer of Sterling Bank Plc, Yemi Adeola, is to retire from the bank with effect from April 1, 2018. As a result, the bank’s Executive Director, Finance & Strategy, Abubakar Suleiman, will assume the CEO role effective April 1, 2018, according to a statement by the mid-size lender. Suleiman has served in the current ...

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Forex: BDCs beg CBN to sell Naira at N350/$1


Some Bureau De Change (BDC) operators under the aegis of  Association of Bureaux De Change Operators of Nigeria (ABCON) have appealed to the Central Bank of Nigeria (CBN) to reduce foreign exchange (forex) buying rate from N360 to N350 to the dollar. President of the Association, Aminu Gwadabe made the appeal on Wednesday after an emergency meeting with 3,500 CBN-licensed ...

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UI to admit only 3,783 of 56,000 candidates


Of 56,172 candidates seeking admission into the University of Ibadan (UI) through the Unified Tertiary Matriculation Examination (UTME) and Direct Entry (DE), the authorities have recommended 3,783 for admission to the Joint Admissions and Matriculation Board (JAMB) for the 2017/2018 academic session. UI’s Deputy Vice Chancellor (Academic), Prof Adeyinka Aderinto, addressed reporters yesterday in Ibadan, Oyo State capital, on the ...

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Analysts pick UBA, Access Bank, five others as stocks to watch

uzoka UBA

Investors looking for high returns on investment should consider a diversified portfolio of leading companies in the banking, healthcare, consumer goods, financial services and industrial goods sectors. Analysts at GTI Securities said seven companies including United Bank for Africa (UBA), Access Bank, United Capital, Fidson Healthcare, Flour Mills of Nigeria, Dangote Cement, Lafarge Africa and Zenith Bank should be on ...

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Davido brags about making 1/2 billion at concert, shows off his 2018 Bentley Bentayga SUV


‘Fia’ crooner Davido made a lot of cash from his ’30 billion’ concert in December and sure wants Nigerians to know! The musician revealed that he and his team made half a billion naira in profit from the concert….and also shared photos of a 2018 Bentley Bentayga SUV he has apparently purchased. See photos below.

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JAMB fixes Feb 6 as deadline for UTME registration


The Joint Admissions and Matriculation Board has fixed February 6, as deadline for the sale of registration form for this year’s unified tertiary matriculation examination (UTME). JAMB Registrar Prof. Is-haq Oloyede spoke at a meeting on strategic planning, supervision and evaluation of the conduct of 2018 unified tertiary matriculation examination (UTME) in Abuja yesterday. He said only 283,319 candidates had ...

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Fashola’s struggles as power grid suffered total collapse

Fashola Babatunde

Electricity generation from the nation’s hydropower plants has recorded significant improvement, offsetting the losses caused by last week’s pipeline fire that left six gas-fired power plants, including Egbin in Lagos, shut down. The number of power plants idle on Friday was 14 out of 28, according to the latest data obtained by our correspondent on Sunday from the Ministry of ...

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Experts reveal best & only solution to Fuel Prices crisis

osinbajo fuel

Nigerians were probably jolted by the Petroleum Minister, Ibe Kachikwu’s confirmation to a National Assembly Committee, last week (4/1/18), that the current landing cost of petrol is about N171/litre, i.e. well beyond the present N145/litre regulated pump price. Instructively,  the deregulated price of petrol is about $1.00(N305)/litre in nearby Ghana. However, in the wake of deregulation of petrol prices under Obasanjo ...

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