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Showing posts from April, 2019

PDP Condemns Buhari’s Private Trip To UK Amid Insecurity

The Peoples Democratic Party (PDP) has condenmed President Muhammadu Buhari’s private trip to the United Kingdom, saying it was a wrong move sequel to the worsening security challenges bedevilling the nation. The PDP said it was incumbent on President Buhari who is the Commander-in-Chief of the armed forces to end the rising insecurity in various states of the federation. Addressing a press conferences on Friday in Abuja, the PDP National Chairman, Prince Uche Secondus said Buhari’s private trip was not in the interest of the nation. He lamented the killing of innocent citizens in Zamfara, Benue, Taraba and many other states of the federation and asked the government to stem the tide. Secondus also said the presidency was artwisting the Independent National Electoral Commission (INEC) to stop the PDP presidential candidate, Atiku Abubakar’s legal team from inspecting the election materials despite a court order in that regard. Secondus said it was wrong for INEC to disobey court order,...

Nigeria Leads In African Start-up Funding With $94.9m

The Disrupt Africa has revealed that that 210 African start-ups secured $334.5 million worth of investments in 2018, with Nigeria leading other countries as the premier investment destination in the continent. According to the report, Nigeria secured $94,912,000 funding with 58 start-ups from various sectors. The firm disclosed this in its annual African Tech Startups Funding Report for 2018. The report, which tracks total amount of funding raised by African tech start-ups each year, found that 210 start-ups raised a total of $334,520,500 in 2018. This, according to the report, was a substantial leap from 2017. The number of start-ups that raised funds grew by 32.1 per cent, and total funding jumped by an impressive 71.5 per cent. A key finding of the report was the emergence of Nigeria as Africa’s start-up funding hub, after years of playing second fiddle to South Africa. Nigeria topped the list of African start-ups and was closely followed by South Africa, with 40 businesses raising ...

I’ll Give Iwobi AFCON Winning Tips – Okocha

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Austin Okocha, has disclosed that he will give his nephew, Alex Iwobi AFCON winning tips in his first attempt at the  2019 Africa Cup of Nations in June.Okocha who was part of the winning Eagles team in 1994 at his maiden appearance at the AFCON finals, said he will give AFCON winning tips to Iwobi, his 22-year-old nephew who was born in Lagos to Okocha’s sister and arrived in the UK aged four. Iwobi had earlier expressed his desire to match his uncle Okocha by winning the AFCON which is a 24-team competition which will hold in Egypt from June 21 to July 19, at his first attempt. Speaking about Iwobi, Okocha said; “I think he (Iwobi) has done so well since making his debut for the Eagles, and for me the good thing about him is that he can only get better. He’s a very humble young man willing to learn every day and that shows in his performance. He keeps getting better and improving each day, and I hope he will achieve that dream of winning it on his first try.” He added, “Of cour...

NASS Leadership Tussle: Ministers, Party Leaders Under Watch

THE jostle for the leadership of the two chambers of the National Assembly may have set the Presidency against some ministers and leaders of the All Progressives Congress (APC) who are believed not to be committed to the ruling party’s desire that Senator Ahmad Lawan and Hon. Femi Gbajabiamila become the Senate President and Speaker of the House of Representatives respectively. The Presidency is said to be irked by the activities of the ministers and party leaders in question, as they are said to be hobnobbing with deviant APC National Assembly members-elect who have vowed not to support the party’s preferred candidates. Sentry gathered that many of the errant ministers and party leaders have become jittery on realising that the Presidency is angry with them and they do not know the kind of measures that could be taken against them.

Race For CBN Governor Heats Up

WITH the five-year tenure of the governor of the Central Bank of Nigeria, Godwin Emefiele, due to end in June, the jostle for his seat is already at a crescendo. Although no one seems to know the mind of President Muhammadu Buhari on the matter, there appears a consensus of opinion that the President is happy with Emefiele because CBN’s policies under him have stabilised the nation’s economy to a large extent. As it would be expected, lobbyists are all over the place bandying different names as Emefiele’s potential successor. The names being touted include those of a female banker and a governorship candidate in the just concluded elections. But the most prominent of the touted names is that of a serving governor who is believed to have won Buhari’s heart with his performance. However, whether the governor in question would prefer being CBN governor to his current portfolio remains a matter of conjecture.