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Nigeria: NNPC – Oil Revenue Rose By 35% to U.S.$416 Million in June

Nigeria’s revenue from crude oil and gas sales rose by 35 per cent, representing $416m in June, the Nigerian National Petroleum Corporation (NNPC) said yesterday. The NNPC in a statement, which announced the release of its June 2018 monthly financial and operations report in Abuja, stated the total financial value of the crude oil and gas export sales the country made in the month was $416.07 million in June. It explained that the figures were 35.78 per cent higher than that of the previous month which was $343.08 million. This…

Nigeria seeks 15% interest from MTN on $8.1bn moved abroad -court papers

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Nigeria seeks 15% interest from MTN on $8.1bn moved abroad -court papers Nigeria’s central bank is asking a Lagos court to make South Africa’s MTN pay 15 percent annual interest on the $8.1 billion it claims was illegally moved abroad, according to court documents seen by Reuters. The bank also asked the court to dismiss MTN’s case seeking to stop the monetary authority’s order for the telecoms firm to repatriate the funds back to Nigeria, the documents showed. The central Bank of Nigeria (CBN) in August ordered MTN and its…

Dankwambo denies steps down for Tambuwal

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Gombe State governor Ibrahim Dankwambo has denied the report that he is set to step down for Sokoto State governor Aminu Tambuwal as the People’s Democratic Party picks its presidential candidate for the next general elections. The primaries will hold in Rivers State, Nyesom Wike, alleged to be in support of Tambuwal, is the governor. Two other aspirants – David Mark and Sule Lamido – were also reported by Sahara Reporters to have agreed to drop their own campaigns to support Tambuwal. “They have been able to get David Mark,…

Science teacher ‘had sex with boy on plane home from school trip, then told him she was pregnant’

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A science teacher had sex with a pupil in the toilets of a passenger jet returning from a school trip overseas, a court heard. Eleanor Wilson, 29, is accused of fondling the boy as she sat next to him on the flight before beckoning him into the toilet and performing a sex act on him. They then had full sex in the cubicle before going back to their seats. Bristol Crown Court heard that Wilson later told the boy she was pregnant and that he was the father, but that…

Woman jailed for life after admitting teenager’s murder in 2004

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A female football coach who walked into a police station to confess to the unsolved murder of a teenager who was battered to death outside his home in 2004 has been jailed for life with a minimum term of 17 and a half years. Karen Tunmore, 36, from Killingworth, North Tyneside, could no longer live with the guilt and confessed in July to killing Scott Pritchard, 19, in Sunderland, smashing him over the head with a baseball bat in a row over money. Mr Pritchard’s father Robert Stacey, known as…

Tesco Bank fined £16.4m over cyber attack

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Tesco Bank has been fined £16.4m by the UK financial regulator for failings surrounding a cyber-attack on its customers in November 2016. The Financial Conduct Authority said the bank had failed to exercise due skill, care and diligence in protecting its personal current account holders. The fraudsters got away with £2.26m. Tesco Bank said all the money had been refunded to account holders. It added it was “very sorry” for the impact the attack had had on customers. ‘Too little, too late’ The FCA said that the attack had been…

30 Million Lagosians ready to deliver Ambode from cabal, says PDP chieftain

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Barely one week after Former Enugu North Senatorial Aspirant, on the platform of the Peoples Democratic Party (PDP), Chief Chinedu Eya, pledged to sell off his Lagos property worth over N53 million to purchase nomination and expression of interest forms for the embattled governor of Lagos State, Mr. Akinwunmi Ambode, if the governor will contest the 2019 elections on the PDP platform, Chief Eya has said that over 30 million Lagosians were willing to shock the APC National Leader, Asiwaju Bola Ahmed Tinubu and his co-travellers, in the event of…

President Buhari Speech At Independence Day 2018

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Today is a day of celebration and solemn reflection. It is the anniversary of the day Nigerians realized one of the most cherished of human desires – the desire for freedom. We, therefore, give thanks to and remember our founding fathers who laboured so hard and sacrificed so much to build and bequeath to us this wonderful nation. It is our duty to consolidate this great legacy. On this first October date and on the eve of the start of the general election cycle, we should do well to reflect…

Buhari commits to truly ‘Independent’ INEC

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Ahead of the general elections next February, President Muhammadu Buhari said on Monday that he is fully committed to make the Independent national Electoral Commission(INEC) to be truly ‘Independent’. The president reiterated the commitment in his speech to mark Nigeria’s 58th Independence anniversary. ‘I have committed myself many times to ensure that elections are fully participatory, free and fair and that the Independent National Electoral Commission will be exactly INDEPENDENT and properly staffed and resourced. The ballot box is how we make our choice for the governments that rule in…

KANU CUP:- Kanu, Saha, Pirès, Essien, Yakubu Among Scorers In 13-Goal Thriller with Wenger Watching

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KANU CUP:- Kanu, Saha, Pirès, Essien, Yakubu Among Scorers In 13-Goal Thriller With Wenger Watching Premier League Masters thrashed African Masters 9-4 in the Petrolex Kanu Cup 2018 game staged at the Hive Stadium on Sunday, September 30, with former Arsenal manager Arsene Wenger among the spectators. Former Nigeria internationals Nwankwo Kanu, Christopher Kanu, Danny Shittu, Peter Odemwingie, Yakubu Aiyegbeni and Daniel Amokachi were part of the African Masters squad. Premier League legends William Gallas, Steve McManaman, Robert Pirès and Louis Saha were among the stars on parade for Premier…