Ecobank Nigeria has sacked more than 1040 employees, reports say. The affected staff include full time and contract workers, according to Punch. The management of the bank also confirmed the mass sack via a statement released by Managing Director, Charles Kie. The statement reads: “The bank, in its renewed drive for optimal performance, has in addition realigned certain roles bank wide to ensure improved efficiency. This necessitates the exits of some staff who were adequately compensated. “This is in furtherance of a market repositioning exercise designed to strengthen the bank’s business across all markets where it operates. Our focus is…
Author: David Folami
President Muhammadu Buhari on Thursday warned that the Federal Government would no longer tolerate the current theft and illegal refining of crude oil in the Niger Delta. Buhari, represented by Vice-President, Yemi Osinbanjo, gave the warning at the launch of “Clean-Up of Ogoniland’’ at Bodo, Gokana Local Government of Rivers. Buhari urged the regulators of oil industry to carry out their responsibilities in line with best practices. “The current oil theft and illegal refining will not be tolerated. The regulators in the oil industries must live up to expectations. “They must ensure that oil companies carry out their operations in…
The House of Representatives on Thursday, June 2, 2016 invited the Minister of Power, Works and Housing, Babatunde Fashola, the National Electricity and Regulatory Commission (NERC) and other stakeholders to a hearing to discuss and proffer solutions to the epileptic power supply being experienced across the nation. The resolution of the House was sequel to a motion on urgent matters of public importance entitled “Urgent need to address the epileptic electricity supply across the nation” sponsored by Johnson Agbonayinma. The lawmaker said the privatisation of the power sector has failed to bring about positive impact to the Nigerian people. “What…
Former Nigerian National Petroleum Corporation (NNPC) Group Managing Director (GMD), Mohammed Barkindo, is the new Secretary-General of Organisation of Petroleum Exporting Countries (OPEC). Barkindo also served as the acting secretary-general of OPEC in 2006, and was NNPC GMD from 2009-2010. An excerpt of an official statement obtained from OPEC’s website reads: “The Conference decided to appoint Mr. Mohammed Sanusi Barkindo, from Nigeria, as Secretary General of the Organization, with effect from 1st August 2016, for a period of three years. In doing so, the Conference expressed its appreciation to HE Abdalla Salem El-Badri for his leadership of the Secretariat and…
Nigerian pop singer, Davido, has taken shot at Ovation Magazine publisher, Dele Momodu, in the new music video of Falz, titled “Bahd, Baddo, Baddest” featuring him and YBNL boss, Olamide. Davido, who sang in the third verse of the hot music video mentioned the phrase, “Mr. Dele na my boy, Dele na my boy”. The phrase has grown quite popular among fans, as Davido was reported to have made the same comment during a recent concert in which his fans chorused the same line. The singer also encouraged fan with the user ID “Yung Presido” on May 27, 2016, who…
The Lagos State Police Command has arrested an unidentified 19 years old female, reported to have defrauded two people of over 10 Million Naira, after impersonating Star Boy Entertainment singer, Wizkid. This is following a recent scandal where a show promoting agency, Humble Entertainment, criticised Wizkid for failing to perform at a London concert which he was booked for. According to CityNews.ng, the singer reported the matter to the Lagos State Commissioner of Police, Fatai Owoseni, who swiftly swung into action and found the culprit. According to reports, the lady opened a social media account with Wizkid’s name and picture,…
Last month eccentric Nigerian celebrity Charly Boy revealed that he had an encounter with our Lord Jesus Christ. That sounds outright bizarre from a man who dresses like a woman, says he has a female personality and has a snake for a pet. However, when you read Charly Boy’s encounter which Jesus Christ he might be up to something. “In February, 2016, one cool and unusual breezy night in the comfort of my room, I had a strange encounter of the freakiest kind with Jesus, which I shared with you all. In that encounter, our Lord left me with specific…
Keeping up with Blac Chyna and Rob Kardashian love story will not only be on social media it will be on your television screens really soon. Their reality show was announced by E!. According to the entertainment channel, they will show a documentary series of the couple from their engagement to Chyna’s pregnancy, and everything in between. The network, which is home for the Kardashians will air the tentative series titled “Rob & Chyna” six episodes along with a special once the baby is born. “Very few love stories have created as much pop culture buzz as Rob and Chyna’s,…
Khloe Kardashian’s answer to all those who were quick to match her with starting a relationship NFL player Odell Beckham Jr is NO! The reality star thrashed the speculation via Twitter by explaining what really went down with Odell at the party was nothing but a little mix of flirting and invasion of privacy. The question is; why the flirt, if she is not interested? Odell Beckham Jr, should know the answer to that, he obviously enjoyed the public display of affection. However, Khloe and Odell look good together, judging by her recent move to finalize her divorce with lamar…
Not many people around the world raised eyebrows when it was flashed all over the news that pop star Taylor Swift had ended her relationship with 32-year-old DJ/producer Calvin Harris yesterday, June 1, 2016. For those keeping any count, Harris was Taylor Swift’s seventh boyfriend in eight years. It has now become a recurring theme with Taylor Swift. She gets a boyfriend and she is happy. When the relationship hits the rocks Taylor Swift gets into the studio to record another smash album. We won’t be hardly surprised if Taylor Swift starts releasing hit single after hit single and top…
Popular OAP, Toke Makinwa for the first time is speaking out about how her marriage breakup with Maje Ayida affected her. Recall that last year Maje Ayida got his longtime girlfriend pregnant which led to their much publicised split. In her latest VLOG the media personality tells her fans to bear with her as she wants to speak about her marriage from a rational and unemotional stance. She goes on to say she is still going through the break up process and it’s been difficult for her. According to her, “For those who feel I have spoken about my marriage,…
Tyra Banks has been trying to sell her Beverly Hills mansion since September 2015. Dailymail reports, Tyra’s property was originally put on the market for $7.75million but after eight months the asking price was cut to $6.5million. However, the 42-year-old former model is willing to drop the price again for a house of four bedrooms and seven bathrooms, with vintage French doors leading to an outdoor kitchen, rolling lawn, swimming pool and fire pit. Tyra, is yet to announce the amount she is re-listing the 19th century home she bought for $3.09million in 2004. Perhaps, Tyra made the move to…
Nollywood actress, Genevieve Nnaji today, June 2, 2016 shared a throwback video from her intimate birthday bash last month. The actress showed off her playful side on Instagram as she twerked to Beyonce’s ‘Daddy Lessons’. Her excited friends, including supermodel Oluchi Onweagba-Orlandi, couldn’t stop yelling in excitement. This comes as a surprise as the star actress is usually more guarded on social media and rarely flaunts videos of herself doing something goofy. Fans clearly surprised at the ‘queen of refined’ dancing without a care in the world and twerking, flooded her page with hilarious comments. Recall that the actress once…
Congratulations are in order for celebrity dancer, Kaffy and her husband Joseph Ameh aka Papii J as they celebrate their fourth wedding anniversary today, June 2, 2016. The duo who got married four years ago and have had two beautiful kids together, took to Instagram to share heartwarming messages to each other. Kaffy wrote to her husband: Happy Anniversary babiiii!!!!!! Wow what a journey it’s been and a lot has gone down A lot found A lot lost A lot given A lot taken A lot said A lot done A lot learnt A lot absorbed A lot discarded A…
The latest Galactico at the Bernabeu could be Robert Lewandowski; Real Madrid have already come to a private agreement with the Bayern Munich star, writes Spanish journalist Guillem Balague for AS. The report says the Poland international’s agent Cezary Kucharski made the trip with his client to Madrid for Bayern’s Champions League semifinal against Atletico and met with Real Madrid director Jose Angel Sanchez. The Bundesliga champions are in no rush to even entertain a sale, or for that matter a contract extension, as Lewandowski’s current deal runs to 2019 and the player is seeking an astronomical wages of almost…
Pele has said that he “loves” Jose Mourinho as a coach, but believes that the new Manchester United manager needs the right players to succeed. Pele, who played for Brazil in three of their World Cup-winning campaigns, wished the Portuguese good luck in his new role. Mourinho was appointed by United on May 27 and will take charge of preseason training from July 7. Pele, 75, told Sky Sports: “He’s a good coach. I love him. When you have a good coach, normally it’s possible to make a good team, but to win you need to have good players. The…
Marcel Desailly says Jose Mourinho has been targeting the Manchester United job since leaving Inter Milan. Desailly was at a legends match with Mourinho ahead of the 66th Fifa Congress in Mexico in May and, speaking at a press event in Dublin on Wednesday, the former France and Chelsea defender said the Portuguese was planning for Old Trafford from at least 2010. After leaving Inter, Mourinho joined Real Madrid, where he spent three years, before returning to Chelsea in 2013. He parted company with the Blues in December, before being appointed United boss in May. “I was in Mexico with…
Brazil international defender Dani Alves has told Barcelona he intends to leave after eight successful seasons but compatriot Neymar will extend his stay, the Spanish champions confirmed on Thursday. “He (Alves) has already told us he intends to leave the club,” Barcelona technical director Robert Fernandez said of the player currently in the United States getting ready to contest the Copa America with Brazil. “We don’t like the fact he’s going. His behaviour on and off the field here has been so exemplary and now he’s decided to go. The decision is his and we will respect that. “Neymar will…
Argentina football star Lionel Messi said Thursday he trusted his father with his finances and “knew nothing” about how his wealth was managed as he took the stand at his tax fraud trial. “I was playing football. I had no idea about anything,” the five-time World Player of the Year told the Barcelona court hearing the case. “I trusted my dad and my lawyers,” the 28-year-old, who wore a black suit and tie, added on the third day of the trial. Messi and his father Jorge Horacio Messi are accused of using a chain of fake companies in Belize and…
Accordingly, the league’s wage/revenue ratio rose from 58 percent to 61 percent, but Jones said: “This represents the second lowest level since 2004-05 and is 10 percentage points lower than in 2012-13. “In fact, in the last two years, only 30 percent of revenue increases have been consumed by wage growth, whereas in the five years to 2012-13 this figure was 99 percent.” Reflecting the clamour to get into the lucrative Premier League, wage costs in the second-tier Championship rose four percent to £541 million. Despite a reduction in the wages/revenue ratio from 106 percent in 2013-14 to 99 percent,…