Category Archives: News

UBA Profit Rises 40% As Half-Year Earnings Hits N167 Billion

 Phillips Oduoza Group Managing Director – CEO UBA Plc  Pan-African financial services group, United Bank for Africa Plc, has announced its audited 2015 half year financial results. The results showed strong growth in earnings and profits, as the Bank continued to benefit from its determination to provide value to its large customer base in Nigeria, its…

Read more

Shell Re-Opens Two Key Nigerian Supply Pipelines Shut Over Leaks & Sabotage

Anglo-Dutch oil giant Shell said it re-opened Wednesday two key supply pipelines in Nigeria shut last week because of leaks and sabotage that forced it to declare a “force majeure” on crude oil exports. “The Shell Petroleum Development Company of Nigeria Ltd (SPDC)…today (September 2) lifted the force majeure on Bonny Light exports following the…

Read more

Alison-Madueke Blasts Indian High Commissioner, Refutes $15bn Oil Deal Allegation, Demands Public Apology

Diezani K. Alison-Madueke Immediate past Minister for Petroleum Resources, Mrs. Diezani K. Alison-Madueke, has dismissed allegations made by the Indian High Commissioner to Nigeria to the effect that as former minister, she “sat” on a $15 billion oil deal, describing it as spurious, unfounded and libelous. Alison-Madueke who spoke through her lawyers, Messers Chike Amobi…

Read more

Nigerian Born Billionaire Fernandez Dies At 79! Read All About Him

Nigerian born billionaire and one of Africa’s richest men, Chief Antonio Oladeinde Fernandez, 79, has died in a Brussels, Belgium hospital from an undisclosed ailment, according to news reports quoting family sources. He died on Tuesday September 1. Chief Fernandez was an oil baron, businessman and the Permanent Representative of Central African Republic to the…

Read more

Constitute Your Cabinet Now, Stop Ruling Rivers As A Sole Administrator, APC Tells Wike

The Rivers State chapter of All Progressives Congress, APC, said it had noted with concern what it described as “the so-called 100 days celebration by Governor Nyesom Wike which kicked off with so much self-adulation, distorted facts and misrepresentations in the media by the governor.” Asking the governor, when he will properly constitute the state…

Read more

Young Fashionistas! North West In A Zipper Back Swimsuit & Penelope In A Two-Piece Bikini

Kim Kardashian and Kanye West two-year-old North West looked to be having the time of her life as she played on the beach with her three-year-old cousin, Penelope, in St Barts. North donned a pretty white swimsuit, with a zipped back while Kourtney Kardashian and Scott Disick’s Penelope wore a monochrome two-piece bikini. So cute!…

Read more

I Have No Respect For Obasanjo, He Is A Liar – Soyinka

 Wole Soyinka at ‘An evening with Wole Soyinka’  The Nobel laureate, Prof. Wole Soyinka, has said that he has no respect for Former president Olusegun Obasanjo, who he described as an indescribable liar. He said this yesterday Friday night atan event organized by Globacom. ‘An evening  with Wole Soyinka’. According to PUNCH, Soyinka was asked…

Read more

Mamma Mia! 59 Year-Old Kris Jenner Puts Bikini Body On Display

  She’s just months away from celebrating her sixtieth birthday. But Kris Jenner proved age is irrelevant when it comes to looking good as she showcased her remarkable bikini body during a recently family getaway to St Barts. According to Mail Online, the 59-year-old ‘momager’ had a figure that could easily rival one of her…

Read more