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Mr Sunday Baba, the immediate past Acting General Manager of the National Arts Theatre, Lagos, says the Central Bank of Nigeria (CBN) did not take over the national monument.

Official: National Theatre to create 16,000 jobs after renovation

More than 16,000 jobs would be created during and after the ongoing renovation of the National Theatre, Iganmu, Lagos, Prof. Sunday Ododo, General Manager of the 44-year-old complex, said on Thursday in Lagos.

NSIA chief: How we tripled profits in 2020

The Managing Director of the Nigeria Sovereign Investment Authority (NSIA), Mr Uche Orji, Tuesday disclosed that the organisation which manages the country’s sovereign wealth fund tripled its profits in 2020.
Hansi Flick gave a vague response on his future at Bayern Munich amid links with the Germany job following their Champions League elimination on Tuesday night.

Report: Hansi Flick has agreed German national team deal

Hansi Flick, who is stepping down as Bayern Munich coach at the end of this season, will take over the German national team after this summer’s Euro, a German newspaper reported on Monday.
The House of Representatives, Tuesday, intervened in the conflict between telecommunication companies and banks over N42billion debts from Unstructured Supplementary Service Data(USSD).

House summons finance minister, FIRS, others over loss of revenue to illicit financial flows

The House of Representatives has summoned the Minister of Finance, the Heads of the Federal Inland Revenue Service (FIRS), the Economic and Financial Crimes Commission (EFCC), the Central Bank of Nigeria (CBN) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC), the Nigerian Financial Intelligence Unit (NFIU), the Nigerian Export-Import Bank (NEXIM), and the Nigerian National Petroleum Corporation (NNPC) over the continuous loss of government revenue to illicit financial flows (IFFs).
In a demonstration to tackle the menace of ghost workers that has continue to drain the coffers of government, Bauchi State Governor, Sen Bala Abdulkadir Mohammed will hold a public parley with all the stakeholders involved in the payment of workers salaries in the state.

Bauchi grants N1 billion loan to fertilizer firm

As part of efforts to boost food production in this year’s farming season, the Bauchi State Government has approved the sum of N1 billion as loan to the state fertilizer company.
Nigeria Naira

11 Nigerian banks pay N308.2 billion dividends to shareholders

A total of 11 listed banks have declared a cumulative N308.206 billion dividends to their numerous shareholders in their respective 2020 financial year, in a move to give these investors good returns on investment, according to a report.
Amazon received Food and Drug Administration authorisation for a Covid-19 test made by itssubsidiary STS Lab Holdco, and it plans to use it for its onsite coronavirus testing programs.

Amazon posts record profits as AWS hits $54 billion annual run rate

Amazon.com, one of the biggest winners of the pandemic, posted record profits on Thursday and signaled that consumers would keep spending in a growing U.S. economy and converts to online shopping are not likely to leave.

Ibom Air, Dana Airline seal interline agreement

After so many years of pushing by the Nigerian Civil Aviation Authority (NCAA), Nigerian carriers Dana Air and Ibom Air yesterday reached agreement on the first interline/codeshare deal between both domestic airlines.
The logo of Samsung Electronics is seen outside the Samsung building in Seoul on July 31, 2018. Samsung Electronics on July 31 reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower global sales of premium smartphones that dented demand for its flagship Galaxy device. / AFP PHOTO / Jung Yeon-je

Samsung posts 46.3% jump in profit on strong smartphone sales

South Korean tech giant Samsung Electronics posted a 46.3 percent rise in first-quarter net profits on Thursday, largely driven by robust sales of its smartphones.
Dutch coach and pundit, Wim van Hanegem, has taken aim at Jurgen Klopp over Liverpool’s slide this season, saying things have ‘fallen’ apart for the club.

Liverpool announce pre-tax losses of £46 million

Liverpool have announced pre-tax losses of £46 million ($64m) as the financial impact of the coronavirus pandemic becomes clear at Anfield.

Betway parent to go public in merger with acquisition firm

Super Group, the parent company of online bookmaker Betway, said on Sunday it has agreed to go public through a merger with blank-check acquisition firm Sports Entertainment Acquisition Corp at a valuation of around $5 billion.
BUA Cement Plc has ruled out an increase in the ex-factory price of cement.

BUA: No plan to increase cement price

In a statement on Sunday, the company said it does not intend to increase its price of cement now or in the near future, barring any material and unforeseen circumstances.
Nobel Laureate, Prof. Wole Soyinka, has cried out about the endless martyrdom of youth in the country.

Wole Soyinka: Nigeria is at war

Nobel Laureate, Prof. Wole Soyinka, has cried out about the endless martyrdom of youth in the country. And has called on the administration of President Muhammadu Buhari to seek help, saying the killing of three of the abducted students of the Greenfield University, Kaduna was another indication that the country was at war.
President Muhammadu Buhari-led administration has rejected the recent poor rating of Nigeria in its anti-corruption campaign by Transparency International (TI).

President Buhari: We will fight banditry, kidnapping with all available resources

President Muhammadu Buhari has vowed that his administration will commit all available resources towards fighting banditry, kidnapping and murders being perpetrated by evil minded people across the country.
Greenfield University

President Buhari: Killing of Kaduna students a barbaric terror attack

President Muhammadu Buhari on Saturday strongly condemned the killing of three of the students kidnapped at Greenfield University, Kaduna State.
Zimbabwe President Emmerson Mnangagwa is at odds with a business tycoon who could help Zimbabwe. Jekesai Njikizana -AFP

Zimbabwe’s president says ‘fight still on’ to fix broken economy

Zimbabwean President Emmerson Mnangagwa says the "fight is still on" to fix the broken economy, signaling out the financial industry for resisting the economic turnaround efforts.
FILE PHOTO - The U.S. Capitol Building is reflected on a marble seating area following a rainstorm at the East Front on Capitol Hill in Washington, U.S., December 4, 2020. REUTERS-Tom Brenner-File Photo

US Senate Democrats seek change in Donald Trump tax reforms to create jobs

Top Democrats on the Senate Finance Committee on Monday proposed major shifts in former President Donald Trump's 2017 tax reforms to eliminate what they say are incentives for companies to move operations overseas and shift profits to tax haven countries.

Namibian president caught in new fishing corruption allegations

The president of Namibia has been implicated in new allegations of corruption involving the country’s lucrative fishing industry by an investigation released by the Organized Crime and Corruption Reporting Project (OCCRP) and The Namibian newspaper.
FILE PHOTO - The Huawei logo is seen at Huawei Connect in Shanghai, China, September 23, 2020. REUTERS-Aly Song

Huawei offsets US sanctions with dominance in China

Huawei has released its annual report and financial information for 2020, demonstrating the effect that US sanctions had on its business last year. The report shows that while revenue from North America and Europe has fallen significantly, stronger performance in China has allowed the company to record higher sales and net profit than a year ago.
The bill for the Chartered Institute of Forensic and Certified Fraud Examiners of Nigeria has scaled the First Reading in the House of Representatives .

House committee invites FIRS boss over tax clearance certificate

The House of Representatives Committee on Public Account has invited Director-General, Federal Inland Revenue Service, Muhammad Mami over tax clearance certificate issued to Procter and Gamble (P&G), a U.S. company operating in Nigeria.

Mudiz Hair boss: Why you need ambassadors to push your brands

Brands marketing is such that requires a lot of strategies, especially now that e-commerce is thriving well. To create visibility for what you sell, especially products, you need influencers to build a clientele base for you.
2. Dapo Abiodun of Ogun has become the first governor to receive a dose of coronavirus vaccine publicly.

Coronavirus: Nigeria vaccinates 8,000 in 35 states – PTF

The executive director of the National Primary Health Care Development Agency (NPHCDA), Faisal Shuaib, who stated this at the PTF briefing, said Kogi state is yet to receive vaccines because the cold chains for preservation of the vaccines is under repair.

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Ebonyi housing commissioner passes on

Governor David Umahi on Saturday commiserated with the husband of the deceased, Celestine Okah, in a statement signed by his Special Assistant on Media and Publicity, Francis Nwaze.
Gov. David Umahi of Ebonyi has pledged to abide by the peace pact he made with political opponents in the Peoples Democratic Party (PDP).

Ebonyi: APC, PDP bicker over abduction of opposition chieftain

The kidnap of Amos Ogbonnaya, of a former Coordinator of Anuagata Development Centre, in the Ohaozara Local Government Area of Ebonyi State by hoodlums, on Thursday evening, has continued to generate mixed reactions from various segments of the state.
Obi of Onitsha, Igwe Alfred Nnaemeka Achebe

President Buhari greets Obi of Onitsha at 80

President Muhammadu Buhari felicitates with the Obi of Onitsha, Igwe Nnaemeka Alfred Achebe on the occasion of his 80th birthday, commending the royal father’s unwavering dedication to Nigeria’s unity and development.
Most of the Palestinian deaths occurred in Gaza but on Friday clashes spread to the West Bank, where 11 Palestinians died and hundreds were injured. Israeli forces used teargas, rubber bullets and live fire, as Palestinians threw petrol bombs.

US envoy arrives in Israel for de-escalation talks

Most of the Palestinian deaths occurred in Gaza but on Friday clashes spread to the West Bank, where 11 Palestinians died and hundreds were injured. Israeli forces used teargas, rubber bullets and live fire, as Palestinians threw petrol bombs.
Amaju Melvin Pinnick, the President of the Nigeria Football Federation, has restated his backing for embattled head coach of the Super Eagles Gernot Rohr despite increasing calls for the immediate dismissal of the German.

NFF owes Super Eagles boss Gernot Rohr six months salary

Super Eagles head coach Gernot Rohr has not been paid his wages by the Nigeria Football Federation for six months.

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Wife of the Bayelsa State governor, Dr. Mrs. Gloria Diri, has restated government’s commitment to revitalise primary healthcare facilities in local government areas across the state.

Bayelsa, UNICEF flag-off campaign on maternal, newborn mortality

Wife of the Bayelsa State governor, Dr. Mrs. Gloris Diri, has restated government’s commitment to revitalise primary healthcare facilities in local government areas across the state.

Ebonyi housing commissioner passes on

Governor David Umahi on Saturday commiserated with the husband of the deceased, Celestine Okah, in a statement signed by his Special Assistant on Media and Publicity, Francis Nwaze.
Mr Allwell Nwakali, elder brother and agent to 2015 U17 World Cup winner, Kelechi Nwakali, says his brother and client may consider switching allegiance to a foreign country.

Kelechi Nwakali may dump Nigeria for another country – agent

Mr Allwell Nwakali, elder brother and agent to 2015 U17 World Cup winner, Kelechi Nwakali, says his brother and client may consider switching allegiance to a foreign country.
Nigeria Labour Congress (NLC)

Kaduna: NLC to begin five-day warning strike May 16

The Nigeria Labour Congress (NLC) Kaduna State Council says it will ground government activities from May 16 as a warning strike over the sack of civil servant by the state government.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Police rescue seven kidnap victims in Edo

The Edo State Police Command and vigilante group on Monday rescued seven Kidnapped victims while three of the suspected abductors who engaged the police in a fierce gun duel were killed in Ahor, Benin.