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Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said.

NCC contributes N2.272 trillion to Nigeria’s GDP – chief

The Executive Vice Chairman of the Nigeria Communications Commission (NCC), Umar Garba Dambatta, has said that the contribution of the Telecommunication sector to the country’s Gross Domestic Product (GDP) has risen from 8.5 per cent in 2015 to 14.3 per cent as at September this year amounting to N2.272 trillion.
Bayern Munich are set to change the way they handle contract renewals as talks to extend with David Alaba continue to stutter.

Bayern Munich to change contract strategy as LaLiga giants chase David Alaba

Bayern Munich are set to change the way they handle contract renewals as talks to extend with David Alaba continue to stutter.
The Senior Vice President, Product Management, Digital Payments and Labs, Middle East and Africa, Gaurang Shah, Mastercard, has said the Small and medium enterprises (SMEs) segment of the economy has been terribly hit by Covid-19 pandemic.

MasterCard: SMEs terribly hit by pandemic

The Senior Vice President, Product Management, Digital Payments and Labs, Middle East and Africa, Gaurang Shah, Mastercard, has said the Small and medium enterprises (SMEs) segment of the economy has been terribly hit by Covid-19 pandemic.

Melbourne lifts lockdown after zero new virus cases

Australia’s second-biggest city will this week exit its coronavirus lockdown following nearly four months under onerous restrictions, authorities announced Monday, after no new daily cases or deaths were recorded.
Manchester United fans are planning a mass walkout in the next home game against Wolves on February 1st, as reported in The Mirror.

Manchester United hit with heavy loss due to pandemic

As reported by Sky Sports, United’s revenue shrank by almost 20 per cent in the year ending June 2020 compared to the previous financial year as the impact of the pandemic affected the club on a number of fronts.
#EndSARS protests

#EndSARS: Economy loses N54 billion daily under curfew – bank

At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown up against Nigeria’s struggling economy.
Adegboyega Oyetola

#EndSARS: Osun government says curfew still in force

The Osun State Government says the 24-hour curfew imposed on the state by Gov. Gboyega Oyetola, to rid the streets and communities of violence, prevent loss of lives and property, is still in force.
The Commissioner for Finance Dr. Rabiu Onaolapo Olowo, made the appeal on Monday at a technical meeting with directors and heads of finance and accounts of all ministries, department and agencies of the government.

Lagos financially, economically viable – official

Contrary to the publication by BudgIT, a public finance analyst, the Lagos State Government said it is economically and financially solid.
The president of the United States of America, Donald Trump, has fired back at Meghan Markle and her husband, Prince Harry, after the couple released a message in honour of the National Voter Registration Day, US Weekly reports.

NYT: Donald Trump paid just $750 in federal income tax in 2016

The president, a self-proclaimed billionaire, paid the same amount in 2017, and nothing at all in 10 of the 15 previous years largely because he lost so much more money than he made, the paper reported.
Debates on revenue collections from Stamp Duties between Federal Inland Revenue Service (FIRS) and Nigerian Postal Service (NIPOST) was brought to a close as FIRS submitted that it was backed by law to collect stamp duties.

FIRS: Not all bank account owners expected to fill ‘self-certification’ forms

The directive by the Nigerian government for account holders in financial institutions to complete a new “self-certification” form is not for all bank customers, the Federal Inland Revenue Service (FIRS) and tax experts have clarified.
A member of Israeli security forces inspects the remains of a rocket fired from the Gaza Strip which crashed into the southern coastal city of Ashdod on September 15, 2020. – At least two people were wounded in Israel by rocket fire from Hamas-controlled Gaza, emergency services said, as Israel signed normalisation deals with Bahrain and the UAE. (Photo by JACK GUEZ / AFP)

Israeli jets bomb Gaza after rocket fire clouds peace deal signing

Israel bombed Gaza on Wednesday after militants fired rockets through the night, overshadowing the signing of landmark normalisation deals with the United Arab Emirates and Bahrain in Washington.
Ukur Yatani, who set the deficit at 7.5% of GDP when he presented the budget in June, did not say how far the gap was likely to expand, adding that they were developing a plan to cover it.

Kenya’s budget deficit likely to swell – finance minister

Kenya’s budget deficit for this financial year could increase due to revenue shortfalls and coronavirus-related disruptions, the finance minister said on Tuesday.
Pioneer Chairman of the League Management Company (LMC), Hon. Nduka Irabor, has opened up on several challenges facing the Nigeria Nigeria Professional Football League (NPFL).

NPFL: LMC chief insists clubs must be licensed to participate

Following the directive of the Nigeria Football Federation that no club would be allowed to participate in the domestic league without meeting the requirement of club licensing, the organizers of the Nigeria Professional Football League, NPFL, has invited all the clubs in the elite division to submit their applications for licensing ahead of 2020/2021 season
After taking a critical look at security challenges ravaging the country, a professional economist, Dr Felix Amieye-Ofori, has suggested that economic development will continue to elude Nigeria if the situation is not urgently addressed.

Insecurity, bane of Nigeria’s economic development – economist

After taking a critical look at security challenges ravaging the country, a professional economist, Dr Felix Amieye-Ofori, has suggested that economic development will continue to elude Nigeria if the situation is not urgently addressed.
The Bauchi State Governor, Bala Mohammed, on Friday afternoon, joined other Muslims at the Bauchi central mosque for Jumat prayers, alongside other top government officials.

Bauchi governor calls for stronger private sector participation to reposition economy

Gov. Bala Mohammed has enjoined the private sector to deploy financial, technical and managerial skills to reposition Bauchi State economy for the better.

Nigeria’s active GSM subscribers now 199.3 million – NCC chief

Executive Vice Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, says active GSM subscribers in the country have increased from 184 million in December 2019 to 199.3 million in May 2020.
The Economic Community of West African States (Ecowas) has rejected the military coup in Mali and ordered sanctions against its ringleaders.

Malians: Nothing has changed after coup

More than a week has elapsed since rebel soldiers toppled Mali’s president, sending shockwaves around West Africa and in France, its staunch ally.

West African mediators jet to Mali seeking reversal of coup

Mediators from West Africa’s regional bloc are due in Mali on Saturday for talks aimed at reversing a coup that has been condemned abroad.

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Khamzat Chimaev who has been dubbed UFC’s most exciting rising star, can hardly wait to battle Nigeria born New Zealand fighter Israel Adesanya.

UFC rising star in a hurry to battle Israel Adesanya

Khamzat Chimaev who has been dubbed UFC’s most exciting rising star, can hardly wait to battle Nigeria born New Zealand fighter Israel Adesanya.
Maurizio Sarri slammed a “messy” performance as Juventus fell to a shock 2-1 defeat at struggling Udinese on Thursday night to miss the chance to seal the Serie A title for the ninth time in a row.

Juventus yet to settle Maurizio Sarri four months after his sack

Juventus and former boss Maurizio Sarri are still in discussions about settling the compensation he is due after being sacked in the summer, according to reports.
A knife-wielding attacker shouting “Allahu Akbar” beheaded a woman and killed two other people in what French officials described as a terrorist act at a church in the French city of Nice on Thursday, while a gunman was shot dead by police in a separate incident.

France: Three dead as woman beheaded, gunman killed in second incident

A knife-wielding attacker shouting “Allahu Akbar” beheaded a woman and killed two other people in what French officials described as a terrorist act at a church in the French city of Nice on Thursday, while a gunman was shot dead by police in a separate incident.

Report: Contracts secrecy in oil industry endangering Nigeria’s economy

A coalition of Civil Society Organisations, in a report published yesterday, lamented that a number of critical contracts in the Nigerian oil and gas industry are shrouded in secrecy and risk endangering the Nigerian economy and the welfare of citizens.

Nokia doubles profit, pledges to win at 5G

Finnish telecoms equipment maker Nokia more than doubled its profits in the third quarter as its new chief executive promised on Thursday to do “whatever it takes” to become the 5G market leader.