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2. Jorge Masvidal has admitted suffering a knockout in the hands of Kamaru Usman in front of his family and friends really hurts.

Nigeria’s Kamaru Usman retains UFC welterweight title

Martial artist Kamaru Usman has again retained his position as the undisputed welterweight champion of UFC after defeating Jorge Masvidal at UFC 261 in VyStar Veterans Memorial Arena, Jacksonville, Florida on Sunday.
2. Shareholders of FCMB Group Plc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value

AGM: Shareholders applaud FCMB, approve dividend of N2.97 billion

Shareholders of FCMB Group Plc (www.fcmbgroup.com) have restated their confidence in the financial institution to sustain its impressive performance and deliver more value.

Kaduna: Lawyers, litigants express diverse views as judiciary workers begins strike

Some lawyers and litigants in Kaduna on Tuesday expressed diverse views on the strike by Judiciary Staff Union of Nigeria (JUSUN) which led to closure of courts nationwide.
Tottenham Hotspur manager Jose Mourinho has blamed Carlos Vinicius after their loss to Chelsea, saying the player doesn’t press his opponents with great intensity.

Darren Bent: Jose Mourinho’s tactics ‘a bit dated now’

Jose Mourinho's tactics are "a bit dated now", according to Darren Bent, who says that a Carabao Cup final triumph would only "paper over the cracks" at Tottenham.
Hugo Lloris will not return to training for Tottenham before the end of this calendar year, the club have announced.

Tottenham skipper blasts teammates over Europa League poor show

Tottenham captain, Hugo Lloris, blasted his teammates after their dismal Europa League elimination at the hands of a rampant Dinamo Zagreb.
The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.

Peter Obaseki retires as FCMB chief operating officer

The Board of Directors of FCMB Group Plc has announced the retirement of Peter Obaseki, the Chief Operating Officer of the financial institution, with effect from March 1, 2021. He was also an executive director of the group.
The Director-General of National Assembly’s National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Suleiman, on Saturday, said ethnicity and religious biases were largely responsible for the growing insecurity in the country.

NILDS chief: Ethnicity, religious biases fueling insecurity

The Director-General of National Assembly’s National Institute for Legislative and Democratic Studies (NILDS), Professor Abubakar Suleiman, on Saturday, said ethnicity and religious biases were largely responsible for the growing insecurity in the country.
FILE PHOTO - Oil pours out of a spout from Edwin Drake's original 1859 well that launched the modern petroleum industry at the Drake Well Museum and Park in Titusville, Pennsylvania U.S., October 5, 2017. REUTERS-Brendan McDermid

Goldman Sachs: Brent crude to reach $75 by September

Analysts at the US bank Goldman Sachs have raised the price forecast of crude oil by $10 per barrel for the second and third quarters of 2021.
The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism.

CBN: No going back on cryptocurrencies

The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism.
IMF Managing Director Kristalina Georgieva told reporters a new allocation of the IMF’s own currency, Special Drawing Rights, would give countries more fiscal space to address the health crisis and accelerate moves to a digital and green economy.

IMF: Economic outlook for most countries remain uncertain

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has noted that although the IMF has given financial support to member countries to enable the, deal with the impact of the coronavirus on their economies, the outlook remains uncertain.
Lagos-based lawyer and human rights activist, Mr Olisa Agbakoba

Olisa Agbakoba: Regional autonomy’ll address Nigeria’s diversity challenges

Former President of Nigerian Bar Association, NBA, Dr. Olisa Agbakoba, SAN, said yesterday that regional autonomy will address Nigeria’s diversity challenges.
“I am sure each and every one of us can recall the dire situation the industry was in, which was most dramatically illustrated on 20 April 2020 when the price of WTI went negative. It was a visceral day, and one often described as ‘Black Monday.’” Mohammed Barkindo said, speaking at the S&P Global Platts Americas Petroleum and Energy Conference.

OPEC withheld 1.3 billion barrels of oil to prop up prices

“I am sure each and every one of us can recall the dire situation the industry was in, which was most dramatically illustrated on 20 April 2020 when the price of WTI went negative. It was a visceral day, and one often described as ‘Black Monday.’” Mohammed Barkindo said, speaking at the S&P Global Platts Americas Petroleum and Energy Conference.
The recent declaration by the court that N50 stamp duty on teller deposits or electronic transfer of funds is illegal is in order, frontline Lagos Lawyer, Fred Nzeako, has said.

2021: Banks to walk a tightrope amid low revenue environment

Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles.
OPEC and its oil allies reached agreement Sunday to cut global production by 9.7 million barrels a day starting May 1, to shore up the world price in the face of a significant drop in the demand for oil because of the coronavirus pandemic.

OPEC, non-OPEC countries to increase production in January

The Organisation of Petroleum Exporting Countries (OPEC) and the non-OPEC countries have agreed to increase crude oil production by 0.5 million barrels per day (mb/d) in January.
Nigeria Naira

CBN: Naira to fall further in January

Barely five days to the end of the year 2020, the Central Bank of Nigeria has disclosed that a survey carried out by its Statistics Department revealed that the naira is expected to depreciate further in January 2021.

Lagos chamber hints of rising inflationary rate in 2021

Its Director-General, Dr Muda Yusuf, attributed the projected inflation outlook for the incoming year to the combination of food supply shocks, heightened insecurity in major food-producing states, foreign exchange policies, illiquidity and higher energy costs.

Central bank chief projects exit from recession Q1 2021

The Governor of Central Bank, Mr Godwin Emefiele, on Friday expressed optimism that Nigeria could emerge from recession by the first quarter of 2021.
Minister of Finance, Zainab Ahmed

Nigerian Economic Summit to discuss ‘partnerships for resilient economy’

Policymakers, business leaders, development partners and scholars will discuss how to create strategic partnerships between the youth, governments, private sector and the civil society at the 26th Nigerian Economic Summit starting on Monday.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

National Assembly to introduce electronic parliamentary procedures in 2021

The National Assembly (NASS) is to introduce electronic-hansard in parliamentary procedures in the first quarter of 2021. Mr Ojo Amos, Clerk to the NASS, made this known on Friday at the opening of a two-day retreat for top management staff of the National Assembly and National Assembly Service Commission (NASC).

IMF: 83 countries benefited from $165 billion loans in 2020

The International Monetary Fund (IMF) says it loaned 83 countries the sum of $165 billion including $16.1 billion in concessional financing to 49 low-income countries in 2020.
According to Bill Endsley, Principal Consultant, World Citizen Consulting, besides property rights and effective governance, Nigeria also needs such core elements as access to credit, rational dispute resolution, appropriate regulations and financial transparency in order to develop a sustainable property market in the country.

Stakeholders profer solution to sustainable property market in Nigeria

Financial transparency has been proferred by stakeholders as one of the critical elements required for the sustainable development of Nigeria’s property market.
TikTok has sued President Donald Trump’s administration for banning transactions with parent company ByteDance.

TikTok files last-minute petition against Trump order

TikTok asked a Washington court Tuesday to stop an order from US President Donald Trump’s administration from taking effect this week as the White House seeks to ban the Chinese-owned app in the United States.

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Commissioner of Police, Lagos State, Hakeem Odumosu, has said the threat of Indigenous People of Biafra, IPOB, a Biafran separatist organization in Nigeria to attack soft targets in Lagos and agitators for the Oodua Republic by some Yoruba separatist groups and the threats to disrupt law and order in the state are being put on the radar of the command intelligence gathering and other security services in the state and being closely monitored.

Police: We’re investigating threats by IPOB, Oodua Republic agitators in Lagos

Commissioner of Police, Lagos State, Hakeem Odumosu, has said the threat of Indigenous People of Biafra, IPOB, a Biafran separatist organization in Nigeria to attack soft targets in Lagos and agitators for the Oodua Republic by some Yoruba separatist groups and the threats to disrupt law and order in the state are being put on the radar of the command intelligence gathering and other security services in the state and being closely monitored.
Minister of the Environment, Muhammad Mahmoud, disclosed this while fielding questions from State House correspondents at the end of the weekly virtual Federal Executive Council, FEC, meeting presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja.

Northern Elders Forum asks National Assembly to impeach President Buhari

Spokesman of the Northern Elders Forum (NEF), Hakeem Baba-Ahmed, has called for the President to be impeached for failing to solve Nigeria’s security problems.
The Commissioner for Health in Anambra, Dr Vincent Okpala, on Tuesday, said that no fewer than 25 health workers had been diagnosed and confirmed to have been infected with the novel Coronavirus pandemic in the state.

Anambra government pledges commitment to emergency medical care

The Anambra Government has pledged its commitment to prompt, effective and efficient emergency medical services and care to residents.
The National Drugs Law Enforcement Agency (NDLEA) says it arrested 178 illicit drugs offenders in Sokoto State, out of which 29 persons were convicted in 2018.

NDLEA arrests 100 suspected drug traffickers in Edo

The Edo State Command of the National Drug Law Enforcement Agency (NDLEA) said it has arrested no fewer than 100 suspected drug traffickers with a seizure of 238,168 kilogrammes of illicit drugs.

Oyo council poll: PDP accuses APC of short-changing members

The People’s Democratic Party (PDP), Oyo State chapter on Sunday said the All Progressive Congress (APC) has denied its members the opportunity to contest in the state forthcoming Local Government Council elections scheduled to hold on May 22, 20201.

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According to the Brit, a world heavyweight title showdown between Tyson Fury and Anthony Joshua could be announced in the next two weeks

Tyson Fury frustrated by delay to bout vs Anthony Joshua

WBC champion Tyson Fury is said to be “frustrated” about the delay in announcing a confirmed date for his fight against Anthony Joshua.
Governor Nasir Ahmad El-Rufai of Kaduna State has reacted to the new the killing of six children and a woman in some herders’ settlements in the Kaura and Lere Local Government Areas of the State.

Kaduna debunks claims salaries of political appointees gulp personnel cost

The Kaduna State Government has debunked claims that the salaries of political appointees gulp a large chunk of the personnel cost of the state.
4. President Muhammadu Buhari on Thursday said the registration of the National Identity Number and linking it to mobile numbers will help fight insecurity in the country.

President Buhari sets up panel to probe NPA

President Muhammadu Buhari has approved the recommendation of the Ministry of Transportation under Rotimi Amaechi for the setting up of an Administrative Panel of Inquiry to investigate the Management of the Nigerian Ports Authority (NPA).
Voters in an opposition stronghold turned en masse to British Prime Minister Boris Johnson's Conservatives, boosting his parliamentary majority on Friday despite a high COVID-19 death toll, last year's record economic slump and cronyism charges.

Voters flock to British premier’s party as Labour loses northeast stronghold

Voters in an opposition stronghold turned en masse to British Prime Minister Boris Johnson's Conservatives, boosting his parliamentary majority on Friday despite a high COVID-19 death toll, last year's record economic slump and cronyism charges.
Firefighters work at a damaged residential building in East London, Britain, May 7, 2021. REUTERS-Henry Nicholls

Firefighters tackle blaze at 19-storey London tower block

Firefighters in London were tackling a blaze at a 19-storey block of flats in the east of the city on Friday, with smoke emerging from parts of the 8th, 9th and 10th floors and ambulances treating people in the area.