Breaking News this Afternoon in Nigeria Monday 12th October 2020

Breaking News this Afternoon in Nigeria Monday 12th October 2020

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Southwest APC congratulates Akeredolu on re-election

Priscilla Ediare, Ado-Ekiti The leadership and members of the All Progressives Congress (APC), South West Zone, have congratulated Ondo State Governor, Rotimi Akeredolu (SAN), on his re-election to steer the wheels of the state for another four years. The zone also congratulated members of APC in Ondo State and the entire people of the State …
The Sun Nigeria.

Serie A Players Salaries: Osimhen 4th best paid U-21 player

Celebrated Italian sports daily, Gazzetta dello Sport has published the annual salaries of all the players in the Italian Serie A for the 2020-2021 season. In Napoli, the club’s most expensive signing in history Victor Osimhen is the joint third highest-paid player with a salary of 4.5 million euros per year (around N2.39 billion in …
The Sun Nigeria.



Ahead of Tunisia friendly Super Eagles face COVID-19 tests today

Members of the Nigeria senior national team, the Super Eagles will be tested today for coronavirus before taking on Tunisia in tomorrow’s international friendly. Before locking horns with reigning African champions Algeria, players and coaches of the three-time Africa Cup of Nations winners were subjected to the assessment, nevertheless, all medical tests returned negative. Today, …
The Sun Nigeria.

Falcons star, Ordega apologises over Kiddwaya outburst

Monica Iheakam Super Falcons forward, Francesca Ortega has tendered an apology over outburst on the heroic welcome given to Big Brother Naija star, Kidwwaya by the Benue State government. The  Shangai Shenhua super star,  had on Friday October 9, 2020 taken a swipe at the Benue people for not according her the kind of  warmth …
The Sun Nigeria.

Egbe throws weight behind NFF, Rohr

FIFA match agent and stadiums facility expert, Ebi Egbe has said that there is nothing to worry over Super Eagles’ 0-1 loss to reigning African champions Algeria, Friday night in Austria. Egbe, who is the Chief Executive Officer of Africa’s leading stadium construction outfit, Monimichelle Group said international friendlies are played ostensibly to make a …
The Sun Nigeria.

Bakole plots Anthony Joshua’s downfall

When Martin Bakole returns from the specialist food shop that sells African produce in his quaint Scottish village, he will flick through a deluge of personal well wishes and will expect to find one from Anthony Joshua. The world champion is a “best friend” and a regular sparring partner but Bakole is eyeing the crown …
The Sun Nigeria.

CBN Junior Tennis final: Ogunshakin, Yakubu, Ekpeyong, Udoffa crowned champs

The 14th edition of the Central Bank of Nigeria (CBN) sponsored Junior Tennis championship held at the Lagos Tennis Lawn came to an end yesterday with champions emerging in the various categories. In the U-12 Boys category, Seyin Ogunshakin beat David Edwards 6-3, 4-0 retired, while his brother, Seun Ogunshakin, playing in the U-14 category, …
The Sun Nigeria.



French Open: Nadal smashes Djokovic to equal Federer’s record

Rafael Nadal swept Novak Djokovic aside to win the French Open for the 13th time and equal Roger Federer’s record of 20 grand slam titles. The two great rivals now sit atop the men’s all-time standings after Nadal’s quite brilliant 6-0 6-2 7-5 victory over world number one Djokovic. The Spaniard has been dominant for …
The Sun Nigeria.

The new salary structure for teachers

In a bid to enhance the welfare of teachers, the Federal Government has approved a new special salary scale for teachers in basic and secondary schools across the country. The teachers are also entitled to rural posting allowance, science teachers allowance and other incentives. President Muhammadu Buhari, who made the disclosure through the Minister of …
The Sun Nigeria.

Heeding Attahiru Jega’s constitutional counsel

Eloho Otobo & Oseloka H. Obaze The mixed reactions with which Nigeria’s 60th anniversary was celebrated by Nigerians, revealed the depth of resignation and cynicism pervading the nation at a time, when debate on restructuring has taken the political centre stage. The debate which persists against the backdrop of rising ethnic agitations, will either serve …
The Sun Nigeria.

NSE extends weekly rally by 5.30%

POSITIVE SENTIMENT   Financial Services industry led the activity chart with 2.325 billion shares valued at N25.816 billion traded in 21,306 deals Trading activities on the floor of the Nigerian Stock Exchange last week further extended weekly rally, highest in more than five years as the NSE All-Share Index and Market Capitalisation both appreciated by …

PZ Cussons reports N212m loss in Q1

PZ Cussons Nigeria Plc has reported a loss after tax of N212.358 million for the first quarter ended August 31, 2020 as against a loss of N1.095 billion posted in 2019.   While the group’s revenue increased by 18.3 per cent to N18.700 billion from N15.808 billion in 2019, cost of sales stood at N13.808 …

DMO, NSE highlight opportunities in fixed income market

The Nigerian Stock Exchange (NSE), the Debt Management Office (DMO) and other market analysts have listed some benefits for investors in fixed income market. In line with its commitment to further enhance the capacity of capital market players across available asset classes, NSE at the weekend hosted a two-day webinar on fixed income.   The …

SWIFT: CBN tasks banks on payment system compliance

The Central Bank of Nigeria (CBN) has reminded all lenders in the country of the importance of complying with the Society for Worldwide Interbank Financial Telecommunication (SWIFT) universal payment confirmations requirements.   In a circular posted on its website on Friday, the apex bank stated that “all SWIFT customers are required to provide confirmation on …

AfDB seeks partnerships with Nordic businesses

Vice President for Private Sector, Infrastructure and Industrialization at the African Development Bank (AfDB), Solomon Quaynor, has said that there are strategic investment opportunities on the continent that Nordic businesses will find attractive.   Speaking at a webinar held by the Nordic-African Business Association (NABA), he noted that the Bank’s mandate to spur sustainable economic …

FDC projects 14% inflation rate for September

Inflation will maintain its upward trajectory and increase to 14 per cent for the month of September, from the 13.22 per cent recorded in August, Financial Derivatives Company (FDC) has predicted.   The Chief Executive Officer, FDC, Mr. Bismarck Rewane, who made the forecast at the Lagos Business School (LBS) Executive   Breakfast Session, presentation for …

NAICOM vows to sustain FG’s confidence in insurance

Following the confidence recently expressed by the Federal Government in the nation’s insurance industry, the management of National Insurance Commission (NAICOM) has promised to sustain the tempo in order to make insurance occupy its rightful place in the economy.   Disclosing this on Thursday during a seminar organised for insurance journalists in Uyo, Akwa Ibom …

PRA 2014: Planned review smacks of realities

Weeks after a legal crisis ensued between a retiree and a Pension Fund Administrator (PFA) over lump sum payment, the National Pension Commission (PenCom) has considered it necessary to tinker with the current Pension Reform Act 2014 to be abreast with current dynamics. Sunday Ojeme reports   For the first time in its 15 years …

Abu: Why foreign tech firms have advantage over local players

      Mr. Wole Abu is the Chief Executive Officer of Pan African Towers Limited, an indigenous infrastructure company in the African telecoms market. In this interview with SAMSON AKINTARO, he speaks on some government policies, opportunities, and challenges in the telecoms market   Pan African Towers belongs to the infrastructure segment of the …

JUST IN: LeBron James leads Lakers to first NBA title in a decade

  The Los Angeles Lakers ended a decade-long wait for a 17th NBA title as they beat the Miami Heat 106-93 to seal a 4-2 series victory. The Finals’ most valuable player (MVP) LeBron James posted a triple double – scoring 28 points, 14 rebounds and 10 assists – with both Anthony Davis and Rajon …

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