Hadiza Bala Usman assumes Office as the new Managing Director of the Nigerian Ports Authority (NPA)

Bring Back Our Girls group advocate,  Hadiza Bala Usman assumed office as the new Managing Director of the Nigerian Ports Authority (NPA) today July 18th. Her appointment was announced on July 12th. Bala said she will ensure that the affairs of the Authority are conducted with full accountability, good governance and zero tolerance for corruption.

Senator Oluremi Tinubu Seeks Protection from Police

Senator Oluremi Tinubu , former first Lady and currently a Senator of Lagos State has written to the police for protection. See letter after the cut.....

Nigeria’s Inflation Rate hits 16.5%, Highest point since 2005

Vanguard reports that the Consumer Price Index (CPI) measuring inflation in the Nigerian economy has risen to its highest point of 16.5 per cent since 2005. Report released by the National Bureau of Statistics (NBS) shows that inflation for the month of June spiked to its highest point since October 2005 — 11 years. 

Thousands of police officers suspended over Turkey coup attempt

AP

Turkish officials say that nearly 8,000 police officers have been suspended, reportedly on suspicion of having links to the failed coup attempt at the weekend.

Some 6,000 members of the judiciary and military, including generals, have been detained in connection with the coup.

President Recep Tayyip Erdogan vowed to purge state bodies of the "virus" that caused the revolt. The EU's foreign policy chief says the rule of law in Turkey needs protection. The Turkish government claims cleric Fethullah Gulen was behind the plot.

45 Millionaires Emerge in DiamondXtra Mid-Year Draws

Diamond Bank Plc has added 45 Nigerians to the list of millionaires in the country at its DiamondXtra June Mid-Year and June Monthly Draws. 

In a release made available to the press, 14 customers emerged millionaires at the Bank’s June Monthly draw while another set of 30 customers were made millionaires through its Mid-Year live draw that held at the Ikeja Military Cantonment, Lagos. 

The event which was witnessed by industry stakeholders, customers, potential customers, shareholders, journalists, the general public, management of the Bank and top military officers, saw some military officers winning and carting away various cash prizes. 

Edo Governorship Elections: Business Community Rally Support for Obaseki

The governorship ambition of the All Progressives Congress (APC) flag-bearer in Edo State, Godwin Obaseki, received a major boost yesterday, as friends and business associates hosted a fundraiser in his honour at the Landmark Event Centre in Lagos.

Themed ‘An Evening With GO’, the event, which was well attended by top business leaders, captains of industry, party leaders and government functionaries, also served as the formal launch of ‘The Essential GO’ book – a testimonial biography on the life and passion of Godwin Obaseki.

Government Steals through Agriculture Projects - Olusegun Obasanjo

Chief Olusegun Obasanjo former Nigerian President on Saturday said government had the role of helping agricultural development through policy making and incentive.

But he noted that government direct involvement in production had been discovered to be a channel for stealing.

Obasanjo said this in Ibadan, Oyo State capital, at the first eminent persons business lecture organised by the University of Ibadan’s School of Business and the International Institute for Tropical Agriculture.

Former Jay-Z Record Label Mate Memphis Bleek Files For Bankruptcy

The Brooklyn, New York rapper supposedly claimed only $100 in cash in his assets when he filed for Chapter 13 bankruptcy in March. (This article was first published today [July 13, 2016] and is as follows.) 

Rapper Memphis Bleek has only $100 in cash to his name, according to a report from Bossip.

The website reports that Bleek filed for Chapter 13 bankruptcy back in March of this year.

Ikpeazu’s Continuous Stay in Office is Illegal, Says Keyamo

Lagos based lawyer, Festus Keyamo, has said the continuous stay in office of Governor Okezie Ikpeazu of Abia State despite being sacked by a Federal High Court in Abuja was an aberration.

Keyamo said Ikpeazu ceased to be governor the day Justice Okon Abang delivered the judgment sacking him from office.

News New British prime minister announces Brexit cabinet

New British prime minister, Theresa May was to spend her first full day fleshing out her government on Thursday, after taking office pledging a fresh start as Britain heads towards the EU exit door.

May has rung the changes in appointing her first six ministers, including the surprise nomination of Brexit campaign figurehead Boris Johnson as foreign secretary and other “Leave” campaigners filling posts.

Now she is set to name the new ministers in charge of the important health, education, Scotland, work and business briefs.

Ex Burundi minister Hafsa Mossi shot dead

Hafsa Mossi former Burundian government minister and spokeswoman was shot dead in the capital Bujumbura on Wednesday,July 13, 2016 police said.

“Hon. Mossi assassinated 10.30 in Gihosha”, in the east of Bujumbura by, “two criminals in a vehicle,” police spokesman Pierre Nkurikiye said on Twitter.

Samsung Galaxy S7 Active 'Water-resistant' Fails Test

BBC reports that a  Samsung smartphone advertised as being water-resistant has failed a water immersion test by a leading product review site.

The Samsung Galaxy S7 Active stopped working after being put in a tank that simulated the effect of being about 5ft (1.5m) underwater.

Consumer Reports repeated its test on a second model, which was also damaged.

Samsung said it was possible defective devices were "not as watertight" as they should have been.

When removed after half an hour, the first phone's display was non-responsive and marred by green lines. Bubbles had also formed in its two camera lenses.

View Photo and Video of Man who Murdered Nigerian Migrant in Italy

His name is Amedeo Mancini. He  was arrested by the Italian police on suspicion of killing Nigerian asylum seeker, Emmanuel Chidi Namdi who was attacked in the small town of Fermo after coming to his wife’s defence. View video after the cut

Leicester Set to announce the Signing of Ahmed Musa from CSKA Moscow

Leicester City are to finalise the £18million signing of Ahmed Musa from CSKA Moscow after he arrived for a medical.

The deal for the 23-year-old Nigeria international will be announced at the weekend and he hopes to join up with his new team-mates for their training camp in Austria next week.

Musa will be Leicester’s fourth summer signing, after Ron-Robert Zieler, Luis Hernandez and Nampalys Mendy.

No Nigerian Bank is in Distress - CBN

The Central Bank of Nigeria has debunked  claims that some banks in Nigeria are distressed. 

In a statement issued and  signed today July 6, 2016, by its acting Director of Corporate Communications, the apex bank stated that neither Skye Bank which it took over its management few days ago nor any other bank in Nigeria, was distressed. The bank in the statement assured Nigerians of the safety of their deposits in any Nigerian bank and advised against panic withdrawals. The statement read: