Author: David Folami

Everton striker Romelu Lukaku has withdrawn his request for a transfer and committed his future to Everton, manager Ronald Koeman said on Saturday. The Belgian international, 23, had asked for a move away from the Premier League outfit but this week change his mind and is now back in training, Koeman wrote in his column in the Dutch daily De Telegraaf. “Ten days before the transfer deadline he came into the manager’s office and said he was no longer leaving and had decide to stay at Everton,” wrote Koeman. “His decision is the same value as a big money transfer.…

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Pep Guardiola extended his 100 per cent start as Manchester City manager as Sergio Aguero’s brace and a late double from Nolito secured an impressive 4-1 win at Stoke on Saturday. City’s away form last season undermined their efforts to regain the Premier League title with just four wins from Manuel Pellegrini’s last 16 away league games in charge. But they are expected to do much better on their travels in the Guardiola era and this emphatic result suggests the former Barcelona and Bayern Munich manager will successfully adapt to English football. City had won on just one of their…

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President Muhammadu Buhari says African countries survive the current economic and financial challenges with home-grown innovations. The president said this while declaring open the annual Assembly of Governors of the Association of African Central Banks held in Abuja on Thursday. According to him, prescriptions from the West tagged: “fit for all purposes” will not solve Africa’s economic and financial challenges. “I am confident that you will come up with practical ways by which we can chart a way forward for the growth and development of Africa. “The region is confronted with several global and domestic economic challenges. Most worrisome is…

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The Minister of Budget and National Planning, Senator Udo Udoma, has announced that Nigeria’s economy will bounce back again. This is coming on the heels of the International Monetary Fund (IMF) Gross Domestic Product (GDP) report 2015, which said South Africa’s economy is $301bn, while Nigeria’s GDP is $296bn. Udoma also said that the Federal Government will work hard to make sure the country recovers its glory. The minister said this on Thursday, August 18, 2016, at a three day summit with members of the private sector. He said “We are determined to turn this economy around and stimulate private…

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The Economic and Financial Crimes Commission (EFCC) has arraigned Waripamo-Owei Dudafa, a former aide of ex-President Goodluck Jonathan, Punch reports. The anti-graft agency filed a 17-count of alleged $15.6 million fraud Dudafa before Justice Abdulazeez Anka of a Federal High Court in Lagos on Thursday, August 18. According to the newspaper, a legal practitioner, Amajuoyi Briggs, and one Demola Bolodeoku, were also listed as defendants in the charge. The EFCC is seeking to arraign them alongside five companies, namely: Pluto Property and Investment Company Limited; Seagate Property Development and Investment Company Limited; Trans Ocean Property and Investment Company Limited; Avalon…

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The Minister of Power, Works and Housing, Mr Babatunde Fashola, on Thursday said in Lagos that gas alone could not bring the much needed increase in power supply in the country. Fashola spoke as guest speaker through Mr Chinedu Ugbo, acting Chairman, Niger Delta Power Holding Company (NDPHC), at the 2016 Annual Conference of the National Association of Energy Correspondents in Lagos. The News Agency of Nigeria (NAN) reports that the theme of the conference is entitled: “Low oil prince: Impact and the way forward.’’ Fashola said, “It is not gas alone that will allow us to achieve incremental power.…

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The Federal Government has reportedly ordered the probe of present and past government officials named in the Panama Papers scandal. Some of those fingered in the scandal include the Senate President, Bukola Saraki, and his predecessor, David Mark. According to Premium Times, the chairman of the Code of Conduct Bureau (CCB), Sam Saba, confirmed the development. A Panamanian law firm, Mossack Fonsecca, had leaked some document which exposed how a network of banks, law firms and individuals utilise shell companies, mostly to hide illegal wealth. No fewer than 110 Nigerians and companies operating offshore shell companies in tax havens were…

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Minister of Budget and National Planning, Sen. Udoma Udo-Udoma, says the Federal Government will establish 25 billion dollars Infrastructure Development Fund to finance projects in the country. Udo-Udoma disclosed this while receiving the Report of the three-day Pre-Summit Workshop from the Infrastructure Public-Private Partnership Summit Group on Thursday in Abuja. He said that the development fund would provide pool of fiscal resources for long term financing of priority projects. He said that the ministry had developed the National Integrated Infrastructure Master Plan (NIIMP) for accelerated infrastructure development in the country for the next 30 year. “The fund seeks to raise…

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President Muhammadu Buhari has promised that his government will soon create jobs for millions of unemployed youths in Nigeria. Buhari made the comment on Thursday, August 18, 2016, at a symposium organized by the Association of African Central Banks (AACB). “For us in Nigeria, while recognising the challenges we are confronted with and the need to surmount them, we are determined to diversify the economy away from excessive reliance on oil and other primary products,” Buhari said. “Consequently, we are taking measures and implementing policies that would ensure we are self-sufficient, generate massive employment for millions of our youth, and…

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Electricity generation in the country has risen to 4,133 megawatts (MW) for the first time in six months. This was discovered from statistics provided by the Nigeria System Operator (NSO), an arm of the Transmission Company of Nigeria (TCN), to Daily Trust. The data showed that 4,133 MW was the peak generation on Wednesday, August 18, 2016, while the lowest generation was 3,282 MW. Generation had reached a peak of 5,074 MW on February 2 but it crashed due to the activities of vandals. Minister of Power, Works and Housing, Babatunde Fashola had earlier blamed the electricity problems in the…

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According to Minister of State for Petroleum Resources, Dr Ibe Kachikwu, Nigeria has saved N1.4 trillion since removing the subsidy on petrol. Kachikwu also said that the removal of the subsidy has improved the availability of fuel and stopped the previously frequent shortages of the product. The minister made the comments on Thursday, August 18, 2016, while speaking at the National Association of Energy Correspondents’ conference in Lagos. “For the first time in 30 years, we have been able to deal with the pricing issue of petrol. We work with all stakeholders and we have been able to save N1.4…

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The Federal Government is set to release N60 billion for capital projects to stimulate the economy, the Minister of Finance, Kemi Adeosun says. She disclosed this in Abuja on Friday, August 19, at an interactive session with newsmen. Adeosun said that the disbursement will raise funds already released by the government to N400 billion since May. She said that contractors have been paid to return to work, adding that very soon Nigerians will begin to see the impact of the administration’s efforts and policies. “So far we have spent N400 billion on capital, that is between May when the budget…

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Was Nollywood actress Toyin Aimakhu drunk when she visited a cancer patient at LUTH last month? Was she rolling on the floor and speaking in tongues? Those who are bent on spoiling her bad name say she was. They definitely don’t want her to be great, especially that Asiwaju Foye who is the brother of the patient. Big detractor, that one! But while we were busy defending the actress and cooking up untruths to show she’s never tasted anything but orange juice, a gentle agbero invited us to a beer parlour gossip last night where he regaled us with tales…

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It’s not the first time they’ll be collaborating. And that’s exactly why those who should know are suggesting that the forthcoming 2Baba + M.I Buckwyld ‘n’ Breathless concert will be record breaking. 2face Idibia, an accomplished singer-performer, and M.I. Abaga, a disruptive and distinguished rapper, are asking Nigerians to come out to the Eko Hotels and Suites on September 3, to enjoy an evening of rich pop music from their solo and joint projects, as well as from carefully selected colleagues. On April 30, 2012, the nation was pleasantly surprised when 2face and his team gave concert-goers the show of…

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Hollywood funny man Kevin Hart and his wife, Eniko are living the sweet life on their honeymoon — and have more than just their fresh nuptials to celebrate! Just days after jumping the broom with his ‘rib’, Kevin surprised his lady with a yacht ride to mark her 32nd birthday. Beautiful couple! And we wish them a happy married life.

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Kim Kardashian-West isn’t just unbelievably sexy, but is also adorable as a mother, as seen with her two cute children while holidaying in Punta Mita, Mexico. The reality TV star and her kids, North and Saint, were spotted on the beach yesterday, with Kim clad in nothing but an itsy-bitsy bikini that boldly showed off her sexy assets. 3-year-old daughter, North West on her part rocked an identical two-piece bikini, while Saint looked cute in beach shorts. Kim, who’s been open about her determination to lose post-baby fat following the birth of her second child, Saint, proudly flaunted her trim…

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50 Cent agreed to pay Lastonia Leviston $6million (about N2billion) as part of his bankruptcy plan. She once sued the G-Unit rapper, whose name is Curtis Jackson, for leaking a sex tape of her, and Rick Ross’ baby mama has accused 50 Cent of screwing her over once again. Leviston has headed back to federal court to demand the judge order the rapper to follow through on their deal to dismiss their sex tape lawsuit, and to pay the $6million he agreed to in his bankruptcy plan. Recently, the rapper saw a federal bankruptcy judge sign off on his proposed…

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American music business mogul, Sean ‘Diddy‘ Combs‘ trouble with women continues as he has reportedly called it quits again with longtime girlfriend, Cassie, after a bitter face-off. Cassie, according to TMZ, broke up with the ‘Bad Boy Records’ founder after engaging in an explosive argument on Wednesday night. The report claims Diddy ‘jumped out of the car in a rage, taking her phone’ when the 29-year-old singer told him she was done with the relationship. He later return home to give her the phone before police showed up to write a ‘domestic incident report’ at Cassie’s mother’s request. Diddy, who…

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Starboy Entertainment singer, Wizkid, who is currently enjoying massive music relevance, has produced a remake to LL Cool J’s classic, ‘Doin’ it’. He calls his version ‘Sweat’. This was released following his rendition of Kent Jones’ ‘Don’t mind’ popular track.

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Celebrity couple, Lilian Esoro and Ubi Franklin welcomed their baby boy last month July 18, 2016. The pair who welcomed their little bundle of joy at a hospital in America have finally revealed his name. The manager and co owner of MMMG, has taken to his Instagram page to share an adorable photo of himself and his son with the caption, “Jayden”. Recently, Ubi Franklin smitten by his little boy took to Instagram to gush over him. He wrote, “You are my Happiness and you are my Greatest Accomplishment. I hand you Over to God daily, I can’t really do…

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