Tranfer: Chelsea hopes to bring back David Luiz, PSG want £40-£45 million

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Chelsea are confident of signing David Luiz although Paris Saint-Germain are holding out for an offer of between £40 million to £45m for the defender after rejecting an opening bid of close to £35m, sources said.

Luiz moved to Parc des Princes from Stamford Bridge in 2014 in a £50m deal and won nine trophies as part of a team that completed two consecutive domestic clean sweeps under former boss Laurent Blanc.

The Brazil international has started all four of PSG’s competitive fixtures so far this season. However, Le Parisien reported earlier this month that Continue reading “Tranfer: Chelsea hopes to bring back David Luiz, PSG want £40-£45 million”

Nigerian Presidency lists 6 things Nigeria, Africa gained from Buhari’s trip to Kenya

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The Presidency has listed the gains of President Muhammadu Buhari’s participation in the just concluded Tokyo International Conference on African Development (TICAD VI) to include the billions of dollar to be injected into African economies by Japan.

A statement issued in Abuja on Tuesday by Garba Shehu, the Senior Special Assistant on Media and Publicity to the president, said the Japanese Government had pledged to expend 40 billion dollars to boost the African economies in the next four years.

He gave the breakdown of the amount as 10 billion dollars to be injected in the next 12 months while the remaining 30 billion dollars would be Continue reading “Nigerian Presidency lists 6 things Nigeria, Africa gained from Buhari’s trip to Kenya”

Nigeria to create 758,500 jobs for youth through agriculture’

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The Federal Government says it will create jobs for over 758,500 youth across the country under the Youth Employment in Agriculture Programme (YEAP) to boost agricultural productivity.

Mrs Karima Babangida, the National Programme Coordinator said this on Tuesday in Katsina during the inauguration of Katsina State YEAP Steering Committee.
Represented by Mr Suleiman Aliyu, Babangida said that the three-year programme was supported by the Food and Agriculture Organisation of the United Nations (FAO).

Babangida said that 740,000 jobs would be `market-oriented’ for young agricultural producers, while the remaining 18,500 jobs were reserved for university graduates, ‘nagropreneurs’ across the nation.

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ASUU threatens nationwide strike over unpaid allowances, others

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The Academic Staff Union of Universities (ASUU) has threatened to embark on a nationwide strike to press home its demands for the implementation of its 2009 agreement with the Federal Government.

The ASUU Lagos Zone Coordinator, Olusoji Sowande, said this at a news conference on Tuesday in Lagos.

Mr. Sowande said that the union was planning to toe this part after several efforts to ensure that the government address the pending demands, proved abortive.

He said that the 2009 FG/ASUU agreement, Memorandum of Understanding (MOU) on funding of state universities, breaches of the Continue reading “ASUU threatens nationwide strike over unpaid allowances, others”

NFF’s withdrawal of Siasia’s official car ‘condemnable’ — Minister

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Minister of Youths and Sports, Solomon Dalung, has frowned at the treatment meted to Samson Siasia, the coach of the national under-23 football team, by the Nigerian Football Federation (NFF).

Mr. Dalung, who was fielding questions from State House correspondents in Abuja on Tuesday, after a closed door meeting with President Muhammadu Buhari , said NFF was unfair to him.

“NFF has not been fair to him. The withdrawal of Siasia’s official car by the NFF is condemnable,’’ he said.

The News Agency of Nigeria (NAN) reports that the car was withdrawn by the NFF when Siasia was on official assignment in Rio Olympics.

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CBN licenses 11 international money transfer operators

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The Central bank of Nigeria (CBN) on Tuesday licensed 11 new international money transfer operators (IMTOs) to do business in the country’s foreign exchange market.

The spokesperson of the bank, Isaac Okorafor, said the licensing was in furtherance of CBN’s effort to liberalize the market and ensure liquidity by making foreign exchange more readily available to low end users.

The newly licensed IMTOs, who are to operate in Nigeria in line with the existing guidelines on international money transfer services (2014), include Trans-Fast Remittance LLC, Worldremit Limited, UAE Exchange Centre LLC, and Wari Limited,

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APC–We were voted into office to do the impossible

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The All Progressives Congress on Tuesday said it was given power by Nigerians to do what is ‘impossible”.

The party, however, said it would try its best to bring the ongoing suffering of Nigerians to an end.

“Yes, we are elected to do the impossible; we will do our best. I just want to plead that people should give us more realistic expectations,” The Punch quoted APC national chairman, south, Segun Oni, as saying on Tuesday.

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SPECIAL REPORT: Ex-Govs Akpabio, Amaechi, Suntai received billions in waivers to buy aircraft, 200 BMW cars

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While they held sway in their respective states, three former governors of Akwa Ibom, Rivers and Taraba received waivers to buy different ranges of aircrafts that included a Bombardier private jet and a Bell 407 Helicopter, our sources authoritatively report.

The governors and other serving government officials circumvented paying duties even as they imported, under various guises, luxury Continue reading “SPECIAL REPORT: Ex-Govs Akpabio, Amaechi, Suntai received billions in waivers to buy aircraft, 200 BMW cars”

Facebook founder, Mark Zuckerberg, arrives Nigeria in first Africa trip

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Facebook founder, Mark Zuckerberg is in Nigeria on a business research trip.

Mr. Zuckerberg touched down in Lagos Tuesday afternoon and had his first stop at Co-Creation Hub, a technology innovative center in Yaba, Lagos, a short message on his Facebook page said Tuesday.

Mr. Zuckerberg said he met with the owners of Co-Creation Hub and children learning how to code.

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Spain imports N1.38 trillion products from Nigeria

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Pablo Segrelles, Economic and Commercial Counsellor at the Embassy of Spain in Nigeria, on Tuesday announced that Spain had in 2015 imported products worth N1.38trillion(4 billion Euros) from Nigeria.

Segrelles, however, told the News Agency of Nigeria (NAN) in Lagos that this year’s economic situation in Nigeria would adversely affect his country’s importation of oil, gas and other products from Nigeria.

“Until this year, the volume of trade between Nigeria and Spain was much larger than most people are aware of.

“In 2015, Spain imported more than 4 billion Euros worth of products from Nigeria.

“But, this would be less this year because of the fall in prices of oil and the current economic situation.

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