The Senate has commenced moves to unbundle the Nigerian Postal Service with the consideration of a bill to repeal and re-enact the Nigerian Postal Service Act 2004. The bill which scaled second reading on Tuesday was sponsored by Senator Oluremi Tinubu (APC, Lagos Central). Leading the debate on the general principles of the bill, Tinubu said the piece of legislation seeks a reform of the Postal Industry and to make Comprehensive Provisions for the Development and Regulation of Postal Services in Nigeria. According to the lawmaker, the Nigerian Postal Service (NIPOST) which dates as far back as 1852, evolved from an exigency of the colonial administration to a Collection Office of the United Kingdom and eventually, to the NIPOST. She recalled that as at 1st of October, 1960, when Nigeria g...
Former England striker Gary Lineker says he will get extra checks on his brain for signs of dementia. Research has found that former professional footballers are three and a half times more likely to die from a brain disorder than the general population. Already, an inquiry was launched by the UK parliament this month into sport’s link to dementia. Lineker, who has previously suggested a complete ban on heading in training, joined a radio programme for a Dementia in Football documentary. He revealed he and colleagues Alan Shearer and Ian Wright fear they could end up with a brain disorder. “I’ve had conversations with Alan Shearer and Ian Wright and others about the worry that, come 10, 15 years, that it might happen to one of us,” said the 60-year-old former England captain turned broadca...
The National Drug Law Enforcement Agency, NDLEA, has said some ships and their crew bring in illegal consignments from the port of origin into the country. NDLEA also hinted that the shipments are perfected by at the Nigerian end of the transaction by collaborators on arrival at the nation’s ports. Disclosing this in Lagos at the Joint Vessel Boarding Meeting held in Lagos, Assistant Area Commander, NDLEA, Mercy Thompson, noted that the recent drug seizure made at Tin-can Island Port by the Agency was also brought in the same way. She, therefore implored ship crew members to cooperate with representatives government agencies boarding vessels, while complaining that most times the ship captains and their crew refuse to come out to meet them while other times the crew are very uncooperative....
Cristiano Ronaldo appears to hint that all isn’t well with him at Juventus after refusing to make any post-match comments. The Portuguese attacker scored a hat-trick as the Bianconeri beat Cagliari 3-1 to boost their chances of retaining their league title. His performance was one that needed him to speak after the game, considering that he would take the match ball home and has never scored in the stadium before. Calciomercato reports that after the game, he was asked for an interview and he told the communications manager of the club that he didn’t want to make any statements. By doing so, he rejected the chance to put some news about his future to bed once and for all. He has been criticized for failing to help the Bianconeri win the Champions League after dominating the competition whe...
The deputy speaker of the house of representatives, Idris Wase, has questioned the eligibility of Nigerians living abroad to submit petitions. Wase, who presided over plenary on Thursday, rejected a petition from “Mutual Union of the Tiv in America,” saying Nigerians in the diaspora do not “really know” the situation in Nigeria and thus are not eligible to file petitions. The petition, presented by Mark Terseer Gbillah, lawmaker representing Benue Gwer east/Gwer west federal constituency, accused the federal government of not resettling the Tiv people displaced from their ancestral land through various attacks. Thousands of Nigerians were reportedly displaced in the north-central region as a result of the farmer-herders crises. “I have a petition from the mutual union of the Tiv in America...
Coronavirus: CBN doubles loan disbursement to N300 billion – bank governor
The Central Bank of Nigeria (CBN) says it plans to double the Targeted Credit Facility (TCF) from the initial N149.21 billion to N300 billion following the resounding success recorded in the disbursement of the Covid-19 loans to the applicants. In his keynote address at the 2nd virtual seminar for Finance Correspondents and Editors at the weekend, the Governor said the Bank took the decision in order to accommodate many more beneficiaries as well as boost consumer expenditure which would positively stimulate the economy. He disclosed that the CBN initially created a N150 billion Targeted Credit Facility (TCF) for affected households and small and medium enterprises through the NIRSAL Microfinance Bank, adding that already, N149.21 billion has been disbursed to 316,869 beneficiaries. “Given...