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Saturday, September 24, 2022


Nigeria Air begins recruitment, Ethiopian Airline named investor

The Minister of Aviation, Hadi Sirika, disclosed on Friday that Ethiopian Airlines emerged a core investor in the Nigerian National Carrier, Nigeria Air, following a bid.

Sirika, who disclosed this at a press briefing in Abuja, said Ethiopian Airlines won the bid with a consortium and would have 95 controlling shares in the airline.

While noting that only Ethiopian Airlines met the bidding evaluation criteria and the deadline, Sirika said it would hold 49 per cent equity with other consortium holding 46 per cent.

According to the minister, the Federal Government will have only five per cent equity in the carrier project.

Ethiopian Airline has 49 per cent stake in the National Carrier Nigeria Air project while the Federal Government of Nigeria has five per cent.

The Minister of Aviation, Hadi Sirika, disclosed on Friday that Ethiopian Airlines emerged a core investor in the Nigerian National Carrier, Nigeria Air, following a bid.

Sirika, who disclosed this at a press briefing in Abuja, said Ethiopian Airlines won the bid with a consortium and would have 95 controlling shares in the airline.

While noting that only Ethiopian Airlines met the bidding evaluation criteria and the deadline, Sirika said it would hold 49 per cent equity with other consortium holding 46 per cent.

According to the minister, the Federal Government will have only a five-per cent equity in the Carrier project.

Sirika, who stated that the Federal Government spent less than the budgeted amount for the project, disclosed that efforts are being made to launch Nigeria Air this year.

Also, in a statement released late Friday, Nigeria Air Limited said it would launch with Boeing 737-800 (NG) aircraft, adding that the B787 aircraft, which would be for international operations would follow thereafter.

It further added that the airline would be owned by a Nigerian private Investor Consortium.

The statement partly read, “Nigeria Air Limited, the new National Carrier of Nigeria will be launching shortly with Boeing 737-800 (NG) aircraft, followed thereafter with B787 aircraft for International Operations.”



Naira gains, exchanges at 436.33 per dollar

The naira appreciated slightly against the dollar at the Investors and Exporters window on Friday as it exchanged at N436.33k.

The rate represented a 0.04 per cent appreciation compared to the N436.50k for which the dollar was exchanged on Thursday.

The open indicative rate closed at N434.83k o the dollar on Thursday.

An exchange rate of N438 to the dollar was the highest rate recorded within the day’s trading before it settled at N436.33k.

The naira sold for as low as N425 to the dollar within the day’s trading.

A total of 106.11 million dollars was traded at the official Investors and Exporters window on Friday.



Kenyan Govt Orders The Extradition of Hushpuppi's Colleague Imran Juma to US

Abdulrahman Imran Juma, a businessman from Kenya, has been ordered by a Kenyan court to be extradited to the United States to face money laundering charges with Ramon Abbas, a fraudster from Nigeria who is also known as “Hushpuppi.”

According to the Peoples Gazette, Milimani Chief Magistrate Wendy Micheni issued the orders necessary for American authorities to file charges for aggravated identity theft, conspiracy to commit money laundering, and wire fraud on Friday.

Micheni maintained that there was no evidence to show that Juma would not receive a fair trial in the U.S.

“The fugitive is said to be part of a syndicate that orchestrated a scheme with his co-conspirators who are already before the United States District Court for the Central District of California to defraud a victim who was seeking a lender to invest in a project to build a school,” documents from the office of Director of Public Prosecution said.

Juma was allegedly part of an international fraud scheme that plotted to defraud a tycoon seeking to invest in a multimillion project to construct a school in Qatar.

In December 2019, Juma and Ramon “Hushpuppi” Abbas allegedly planned to scam a Qatari business and its owner, according to court documents. Juma had already been in contact with the victim when Abbas was onboarded.

Abbas began conversing with the victim while claiming the identity of “Malik,” a Wells Fargo Bank employee.

Then, using the name of the Qatari victim’s company, both men opened a bank account at the Wells Fargo Bank in Canoga Park, California.

In accordance with the document, between December 19 and December 24, 2019, Messrs. Abbas and Juma deceived the victim into contributing $330,000 to finance a “investor’s account” in order to facilitate a $15 million loan.

Abba Kyari, a disgraced police officer, was one of five people Abbas was accused of conspiring with in a $1.1 million fraud case when he was indicted in the Juma case by the government’s inquiry.

Abbas and his attorney Louis Shapiro were successful in persuading U.S. federal judge Otis D. Wright to postpone his sentencing last week following several appeals. November 3 has been set as the new date for the sentence hearing.

Shapiro said that without access to all the Juma case materials, Abbas would not have been able to adequately prepare for his sentencing hearing.

In July 2021, Abbas pleaded guilty to multimillion-dollar fraud charges as part of a plea bargain he entered with the U.S. authorities.



EPL: He’s crazy – Ronald Koeman makes claim about Guardiola

Former Barcelona head coach, Ronald Koeman, has claimed that Manchester City manager, Pep Guardiola, is crazy about football.

Koeman, who said Guardiola is his friend, added that every football player would like to have the Spaniard as their coach.

Koeman and Guardiola were teammates together at Barcelona during their playing days.

The pair enjoyed plenty of success together down the years at the Nou Camp.

The two men have remained close friends ever since and have regularly come up against each other since they moved into the dugout.

Speaking to Sky Sports, Koeman insisted that working under Guardiola should be considered a “pleasure” for the current Man City squad.

Koeman said: “Pep is a really good friend and even last season when City played Liverpool, we had dinner after the game.

“Even then, he was talking football, talking football. He is crazy about football. How can he handle this for a long period? It’s a lot of energy.

“For players to have a manager like Pep, with that energy, you like it. The way he does things, he tries to change football. It’s all about movement, most of the time with the ball.

“For that reason, I think it’s a pleasure for every player to have Pep as their coach.”



I miss being on stage while making eye contact with people’s girlfriends – Fireboy

YBNL star, Fireboy hints at the trill of being a performing artiste to an audience particularly the female fans.

The singer who recently spoke on his relationship with Asake, and the making of ‘Bandana,’ revealed that he missed the eye-to-eye contact while at a show.

Fireboy disclosed this in a Twitter post where he stated that he missed  making eye contact with other people’s girlfriends.

Fireboy tweeted;

“I miss being on stage, singing while making eye contact with people’s girlfriends.”

He continued, “one day we’re going to have a conversation.”

One of the singer’s recent post-stage highlights was crying after performing a remix of his hit single “Peru” with British singer, Ed Sheeran, at Wembley Stadium in London.

In a video clip that went viral at the time, 26-year-old Fireboy was seen being chased by a cameraman as he started to get emotional backstage.


Friday, September 23, 2022


UN's Global Africa Business Initiative to spur the continent's sustainable growth

Today’s edition of Business Africa is specially dedicated to the role that business can play in solving some of the continent’s biggest challenges.

Global Africa Business Initiative launched at UN: 

The Global African Business Initiative which brings together key stakeholders in the development of the continent was launched last week by the United Nations Global Impact.

The initiative comes at a time that leaders on the African continent are working overtime to harness the content’s assets like a youthful population and vast natural resources to address challenges like poverty and conflict.

Addressing climate financing gaps in Africa:

One of the key challenges that African countries face as they seek to mitigate effects of climate change is inadequate financing. While several development partners from the West have pledged vast resources to this cause, these are often not fulfilled. In this report, we explore the possibility of optimising the private sector to raise the finance needed to adapt.

Bad road stalls trade, transport for Cameroon, Guinea and Nigeria: 

For 10 years now, Cameroon has been losing customs revenue as repair works on the Mora-Kousseri axis that links Cameroon, Nigeria and Chad, have stalled.

Travellers, traders and even the government are all desperate for a solution that would halt the losses that are now over 350 billion in CFA Francs.



Lagos govt trains 3,000 in creativity

The Lagos State Government has said over 3,000 residents have been trained in the creative industry in the last three years.

The state Commissioner for Tourism, Arts and Culture, Mrs Uzamat Akinbile-Yussuf, disclosed this, according to a statement on Thursday, during a media parley held in Ikoyi.

She said, “In 2020 when we conceived the initiative to sharpen the skills of our talents in the creative industry to be able to compete effectively with their contemporaries internationally, we also decided to collaborate with acclaimed international academies like Delyork and EbonyLife Creative Academy to upskill the creative abilities of our youths.

“As we speak, we have been able to train over 3,000 in the creative industry and we already see the results of the investments of the state government in the sector. We hope the results of our initiative will grow and surpass our expectations in the future.

“Some of the major achievements of the ministry during the period under review include the preparation of a 10-year Tourism Master Plan, the release of N1bn as a palliative for members of the tourism, entertainment and creative sector to cushion the effect of COVID-19 on their businesses and approval of a 50 per cent rebate on registration and renewal fees for hospitality and tourism establishments in the year 2020 by Governor Babajide Sanwo-Olu.”



Despite health setbacks, couple ties the knot in Lagos hospital

An adorable couple has earned a spot on the Nigerian trends table after getting married in a Lagos hospital.

The couple got married at Evercare Hospital in Lekki, Lagos state, and photos from their wedding ceremony were shared on the hospital’s Twitter account.

The hospital congratulated the newlywed couple and wished them eternal love and marital bliss.

The medical facility also revealed that it is the first wedding to ever take place in the hospital.

Photos shared online showed the groom who is down with an undisclosed ailment, lying on the hospital bed with his bride by his side, and also participating in the wedding with his bride while sitting in a wheelchair.

The hospital tweeted;

“We had our very FIRST Evercare wedding

“Congrats to the newlywed couple on this milestone event and we wish them eternal love and marital bliss”



‘Don’t call me lucky, call me Badass’ – Tacha brags on her numerous achievements

Former Big Brother Naija contestant, Natacha Akide who is better known to her fans as Tacha has revealed that she is not to be called lucky, but a badass because of her numerous self achievements.

The reality star who is currently hospitalized in Dubai released gorgeous photos of herself and further stated how she makes her money.


Tacha had also in a previous post urged Nigerians to vote wisely and vote for good leaders in the forthcoming general elections.

She nudged Nigerians toward voting right in preparation for the coming 2023 General Election.

The 27-year-old admonished the citizens to be involved at all levels of the government; adding that everyone would suffer bad leadership if the country does not get it right in 2023.

She warned those who have been paid by different candidates to cause havoc, to think of their future as those in power have nothing to lose if the country crashes.

“I have a very important message. We are going into a campaign period in preparation of the election. We are actively involved in all levels local government, senate, house of representatives, all the way to the presidency. You go to church to pray that you want a better Nigeria but you are supporting a bad leader.”

She continued, “Have sense I cos if we get it wrong next year, you will have yourself to blame. As you are campaigning for your Oga or Chairman, I want you to have in mind that your Oga don’t have anything to lose if Nigeria crashes tomorrow, they don’t have a lot to lose”, She said



EPL: Steve McManaman gives verdict on Bukayo Saka joining Arsenal’s rival

Former Liverpool player, Steve McManaman has said that Arsenal’s Bukayo Saka could fit in Manchester City’s squad should he eventually join the Premier League champions in the near future.

McManaman also said that he does not think Saka will move to Man City, adding that he would be surprised if Pep Guardiola’s side ended up signing the 20-year-old.

Saka has been linked with a transfer move to Manchester City in the past.

The England star’s current contract at the Emirates is set to expire in 2024.

“I don’t know if Manchester City will be able to sign Bukayo Saka,” McManaman told

“The relationship between the two clubs seems strong due to the fact that Manchester City let Arsenal sign Oleksandr Zinchenko and Gabriel Jesus.

“He is a young and very talented English player. I would be very surprised if they could get him, to be honest.

“He is an excellent player and he’s got experience in the Premier League, so he could probably fit in their team right away.

“If Manchester City lose Bernando Silva next summer, then that would be a big blow, but I think Pep Guardiola would let him go if he really wanted to leave because of his services for the club.”



Army boisterous as Mali marks 62nd independence anniversary

The West African nation of Mali celebrated its 62nd anniversary of independence on Thursday.

The country's leader Colonel Assimi Goita, in charge since taking power in a coup two years ago, reviewed troops at a military parade to mark the occasion in the capital, Bamako.

He was joined at the parade by the head of Guinea's military junta, Col Mamady Doumbouya.

Mali has faced international isolation since the military seized power.

Colonel Goita has so far failed to meet an international deadline for organizing new democratic elections and the detention of 46 Ivory Coast soldiers has caused tensions to spike with Mali's southern neighbour.

In June, Malian authorities said they would not authorize the U.N. mission to investigate human rights violations in Mali, including the deaths of more than 300 civilians earlier this year.

Human rights groups have accused the Malian army of carrying out the killings.

France, the one-time colonial power that had fought Islamic extremism for nine years in Mali, completed its troop withdrawal from the country last month.



Sarkodie Shares ‘Labadi’ feat. King Promise Off Upcoming Jamz Album

After a 10-month hiatus, celebrated Ghanaian and African hip-hop/rap artist, Sarkodie surprised his teeming fans a few days ago with the announcement of the release date and title of his 8th studio album, “Jamz.” Off the upcoming album is the release of the first single dubbed, “Labadi.”

Out now on various digital streaming platforms, “Labadi” is a lush scenery-influenced party anthem produced by Coublon (producer of the hit song “Non-Living Things”) and features Ghanaian silky crooner and frequent collaborator, King Promise. King Sark is in a celebratory mood on the track, rapping with his signature panache while rallying the beautiful people around him to a celebration of life.

Labadi” is a mid-tempo blend of Afrobeats and Amapiano (log drumz) genres, creating the right vibes to get the party started and rightly so, sets the tone for the sonic feels Sarkodie hinted “Jamz” will be exploring. The official music video for “Labadi” is out now as the audio goes live on all digital streaming platforms.

According to Sarkodie, “Labadi is a gateway song… fun times with loved ones. I was inspired by the idea of a boat party with some good people taking time off to enjoy life on the ocean.” “I want the fans to be in a happy place when listening to this record. The melodies in the song are intended to bring out the positive vibrations in us. You just have to put all your worries away for a second and enjoy Labadi,” he explains.

Sark reiterates, “Jamz album will sound like listening to your favourite DJ’s playlist on the radio, club, party or any fun event – back-to-back bangers, non-stop. Creatively, I’m at a happy place enjoying life with the people I love and that creeps into my writing.”



LAWMA refrains from shutting down Ladipo market for environmental pollution

Lagos State Waste Management Authority (LAWMA), yesterday, refrained from shutting down Ladipo International Auto spare parts Market for environmental pollution, following improved waste management.

The agency, however, promised to keep a close watch on traders at the market.

LAWMA’s Managing Director/Chief Executive Officer (CEO), Ibrahim Odumboni, had  last week, said Ladipo and Oyingbo markets  would be shut down till further notice over reckless waste dumping, refusal to pay for waste services, and general poor waste management.

But after meetings and consultations by the management of Ladipo market, the agency decided to give the traders another opportunity to turn a new leaf.

Team leader, LAWMA, Olawale Olamilekan, who led a team to monitor the cleaning exercise by the traders yesterday, said: “We decided to give them another chance after holding meetings with the leaders of the market. We monitored and joined them in the exercise. We will keep a close watch on them and monitor them.

“We took three trucks of dirt away from here already and we will take out more. We will be visiting the market every Thursday.

Reacting, the Secretary of the market, Onyeka Igwe said: “We thank God that the market was not locked. The way forward is to abide by what we were told and maintain the market better.

“We will try our best to ensure that there is no burning of waste, but you know the peculiarity of this market, but we will try our best. We have an environmental monitoring team, and I am one of them.

“There is a lot of politics in Ladipo market. So, we can only do our best. Assuming there was no division in the market or divide and rule tactics , we will not have this problem.”


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