Author: YemieFash

Senator representing Ondo Central, Ayo Akinyelure visited former governor of Ekiti State, Ayo Fayose in his Lagos residence yesterday to pledge his support to the Fayose political leadership. Akinyelure’s support for Fayose is coming after Senator Nicholas Tofowomo, representing Ondo South District in the National Assembly led a delegation of prominent members of the party to pay a solidarity visit to Fayose. As power tussle within People’s Democratic Party continues in southwest and the zonal congress fast approaching, ex governor of Ekiti state, Ayo Fayose is said to be adding political bigwigs and elected politicians into his camp. Ondo is…

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Dubai’s Globe Soccer Awards have officially crowned Cristiano Ronaldo as the Player of the Century, with the Juventus forward beating Lionel Messi to the honour. Ronaldo has secured the award with 33% of the vote, whilst Barcelona great Messi had 20%. Just six players ended up with a vote of 2% or more, in chronological order they were; Ronaldo, Mohamed Salah, Messi, Ronaldinho, Robert Lewandowski and Zinedine Zidane. The Globe Soccer Awards are a creation that are now brought forward with backing by the Dubai Sports Council, and on this occasion are powered by car manufacturer Audi. Ronaldo has previously…

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Transportation Minister Rotimi Amaechi has said the Lagos-Ibadan standard gauge train will be ready for inauguration next month. He said he had informed President Muhammadu Buhari about the inauguration, noting that the project must be completed up to the Apapa terminal extension before the inauguration. The minister said there would be no reduction in the prices of tickets for the train services. The Nigerian Railway Corporation (NRC) currently charges passengers on the Lagos-Ibadan N2,500 for economy, N5, 000 for business class and N6, 000 on first class seats. Amaechi said next month’s inauguration of the project by President Buhari was…

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FORMER President Olusegun Obasanjo has said he would have been killed during Lt.-Col. Buka Suka Dimka coup in 1976 if not for the help of Gen. Olu Bajowa (retd.). Obasanjo, who described Bajowa as a man with conscious Yoruba culture, spoke on Sunday at Igbotako in Okitipupa Local Government Area of Ondo State during Bajowa’s 80th birthday celebration. Bajowa became a General when he was 38 years old and retired from the Nigeria Army at 40. Obasanjo, who was chairman of the occasion, recalled that if Bajowa had not invited him to his son’s naming ceremony, he would have been…

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Governor Nyesom Wike of Rivers State, yesterday, hinted that the state government, was thinking of locking down the state in January, amidst the resurgence of Covid-19 in the state in the wake of a second wave. This came as 22 out of 86 patients at the various isolation and treatment centres in the Federal Capital Territory, FCT, are reported to be in critical conditions and currently placed on oxygen. In Lagos, the state government sealed no fewer than 12 facilities for breaching Covid-19 safety protocols in line with the ban on operations of night clubs as part of measures to…

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After delaying for nearly a week and under pressure from all sides, US President Donald Trump finally signed a massive $900 billion stimulus bill Sunday, in a long-sought boost for millions of Americans and businesses battered by the coronavirus pandemic. The package “providing coronavirus emergency response and relief” is part of a larger spending bill that, with Trump’s signature, will avoid a government shutdown on Tuesday. “I am signing this bill to restore unemployment benefits, stop evictions, provide rental assistance, add money for PPP (Paycheck Protection Programmes), return our airline workers back to work, add substantially more money for vaccine…

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NIGERIA’s largest business think tank, the Lagos Chamber of Commerce and Industry (LCCI), on Sunday warned that 2021 economic outlook is not very bright. It explained that there are no quick fixes for the structural issues and the desired regulatory and institutional reforms. In its Economic and Business Review for Year 2020 And Outlook for Year 2021 released on Sunday, the LCCI said while the security situation requires new strategies and approaches, it remains unclear what new strategies are in the works. The report, released by its Director General Muda Yusuf, the LCCI said shortage in foreign exchange (forex) available…

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The All Progressives Congress, APC, on Sunday insisted that Nigeria is not a failed state. APC said despite the challenges facing the country, Nigeria is nowhere closed to a failed state. Sen. John James Akpanudoedehe, Secretary, Caretaker/Extraordinary Convention Planning Committee of the ruling party stated this in a statement he issued. According to Akpanudoedehe: “While naysayers and opposition partisans chorus their doomsday wishes for Nigeria; our dear country is nowhere close to becoming a failed state. “The President Muhammadu Buhari government is not oblivious to the country’s challenges and is visibly and frontally addressing them. “From the economy to security,…

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The Lagos State Government through the Ministry of Tourism Arts and Culture has revoked the license of Queens Park Event Centre Oniru as the Lagos State Safety Commission also sealed the facility for contravening the COVID-19 protocols of the State. The Commissioner for Tourism Pharm. Uzamat Akinbile Yussuf says the step to withdraw the license was taken in the best interest of the State and implored other event centres and venue owners to comply with the Governments laid down directives or risk loosing their chances of doing business in Lagos. She reiterated that the fight against the virus can only…

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THE Central Bank of Nigeria (CBN) has said the naira will begin recovery against the dollar and other global currencies from February 2021. This was contained in the latest CBN Business Expectation Survey released by its Statistics Department. The survey respondent firms, however, envisage higher interest rates from January, March till June 2021. According to the report, the respondent firms said although the naira has for several months depreciated against the dollar, the local currency appreciation against the greenback will start from February 2021 till July same year. The naira was a month ago exchanging at N500/$ at the parallel…

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