Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports. The Uruguayan has cemented himself as Ole Gunnar Solskjaer’s first-choice striker during the second half of the 2020-21 campaign, playing a pivotal goalscoring role both domestically and in Europe – most notably in the Europa League semi-final tie with AS Roma, against whom he scored four goals over two legs. United do not have the option to extend the 12-month deal Cavani signed last summer, and it has been generally assumed the 34-year-old would return to South America this summer. However, Cavani can choose to add another year to his current deal, and according to The Sun, United plan to give the 34-year-old extra incentive to rem...
Bloomberg The Central Bank of Nigeria (CBN) has urged stakeholders in the public and private sectors to collaborate to build a more healthy and robust healthcare infrastructure in Nigeria. The CBN Governor, Mr Godwin Emefiele, made the call at a movie launch titled: “UNMASKED”, a feature documentary on leadership, trust and the COVID-19 pandemic in Nigeria. The movie was produced and directed by Mr Femi Odugbemi, a Nigerian documentary filmmaker, and co-produced by Ms Kadaria Ahmed, a renowned journalist, media entrepreneur and television host, on Friday in Lagos. According to Emefiele, addressing the public health crisis along with the downturn in the economy required strong coordination. He said the measures and interventions put in place by the CBN and private sector to improve governme...
Governor Atiku Bagudu of Kebbi State, has urged Nigerians to seek divine intervention in quelling the insecurity challenge confronting the country. Bagudu said repentance played a major role to human beings “both here and hereafter,” hence Nigerians should return to God. The governor spoke during a Ramadan breakfast meeting hosting government functionaries, members of the judiciary, the legislature at the state’s government house in Birnin Kebbi. In a statement by his Chief Press Secretary, Abubakar Dakingari, the governor said: “I want to emphasise the need for collective and individual supplication towards eliminating problems that engulfed our dear nation. “I also want to affirm the commitment of the incumbent administration to uplift the condition of living of both urban and rural dwel...
Somalia’s prime minister on Sunday invited regional leaders to a fresh round of negotiations in the hope of resolving a protracted feud over elections that sparked violence in the capital. The troubled Horn of Africa country is experiencing its worst political crisis in years, with fighting erupting in Mogadishu last week after the president extended his mandate by two years without going to elections. Opposition fighters remain in the capital even after President Mohamed Abdullahi Mohamed backed away from the mandate extension at the weekend and agreed to hold a fresh vote. The president, better known by his nickname Farmajo, tasked his prime minister with reaching out to rivals and overseeing the negotiations, a key opposition demand. A government spokesman said Prime Minister Mohamed Hu...
The Nigerian National Petroleum Corporation (NNPC) has clarified that the revenue projection contained in the letter to the Accountant General of the Federation being cited in the media pertains only to the Federation revenue stream being managed by the Corporation and not a reflection of the overall financial performance of the Corporation. A press release by the Corporation’s spokesman, Dr. Kennie Obateru, stated that the clarification became necessary in the light of media reports insinuating that the Corporation was in financial straits. NNPC maintains that it is conscious of its role and was doing everything possible to shore up revenues and support the Federation at all times. “The shortfall will be remedied by the Corporation as it relates only to the Federation revenue stream being...
Governor Abdullahi Umar Ganduje of Kano State has said Nigeria cannot progress with the level of corruption in the country. Speaking on Thursday at the inauguration of an eight-man Anti-Corruption Strategy Steering Committee, Ganduje stressed that all stakeholders must do all that is necessary to ensure a corruption-free state with limitless opportunities. Ganduje, who was represented at the occasion by Alhaji Usman Alhaji, the Secretary to the State Government, noted that there is no sacred lamb in the fight against corruption in the state. “Believe me, we don’t need to say that corruption in this country is killing all of us. The truth of the matter is that we will never develop or progress with this level of corruption in this country,” the governor cautioned. The governor said the miss...
The Central Securities Clearing System (CSCS) has restatement its commitment in repositioning business to efficiently play a more active and leading role in deepening the Nigerian capital market growth. Also, CSCS grew its profit after tax by 41.4 per cent for the year ended December 31, 2020. The company results showed that amidst unprecedented economic and financial market conditions occasioned by the COVID-19 pandemic, the Group grew total income by 31.3 per cent year-on-year (YoY) to N12.09 billion. Profit after tax grew by 41.4 per cent to N6.93 billion, translating to N1.39 earnings per share. The group delivered 20.3 per cent return on average equity for the 2020 financial year, compared to 15.3 per cent in 2019 full year. The company’s total assets stood at N41.42 billion, as again...
NBC fines Channels TV, inspiration FM N5 million each for broadcast code infractions
The National Broadcasting Commission (NBC) has directed Channels TV and Inspiration FM Lagos to pay a fine N5 million each for infractions of the Nigeria Broadcasting Code. Prof. Armstrong Idachaba, the Acting Director-General of the commission, announced this in a statement made available to newsmen on Thursday in Abuja. Idachaba explained that NBC on Monday, April 26, served Channels TV a letter indicating the station’s culpability and liability for infractions of the Code in respect to its broadcast of “Politics Today” of Sunday, April 25. The acting D-G stated that the station violated Sections 3.11.1(b) and 5.4.3 of the Nigeria Broadcasting Code. Similarly, Idachaba said that on May 2, in its World Report, Inspiration FM Lagos aired broadcast of Indigenous People of Biafra (IPOB) maki...