Momoh Usman, the man whose daughter, Fatima Usman, accused of sleeping with her several times, has admitted having sex with her, but that it was just once, Eagle online has reported. The Ondo State-based lady had in a viral video said the staff of Rufus Giwa Polytechnic, Owo, Ondo State slept with her several times. However, Usman, who has been apprehended by operatives of the Ondo State Police Command said: “I only slept with her once not several times.” Usman spoke on Friday while being transferred to the…
Read MoreMonth: January 2021
How 20 passengers perished in Nigeria’s Ilorin road Crash – FRSC
“Of the 31 persons involved in the crash, 17 of the 18 occupants of the bus were burnt beyond recognition as a result of fire that gutted the bus. Three other persons died, from the other vehicles involved.” The Kwara Command of the Federal Road Safety Corps has given details of how 20 persons were killed in a crash along the Bode Saadu- Ilorin road, in the early hours of Saturday. Jonathan Owoade, the Kwara Sector Commander, said that the cause of the crash was associated with over speeding…
Read More34 African nations exempted in World Bank’s $12bn COVID-19 Vaccine grants
Here is the reason 34 member states of African Union (AU) are not included in World Bank’s vaccination project + names of potential beneficiaries 34 of the 55 nations in Africa are not covered in the World Bank’s $12 billion support for vaccination programmes across a continent that has not been able to keep pace with developed nations’ rollouts. The World Bank money, which will be in the form of grants or on “highly concessional terms,” covers 21 African countries, David Malpass, President of the World Bank, said in…
Read MoreNaira Sheds N2, Downgrades To N480 per $1
The Nigeria’s unit of exchange, Naira, at the weekend shed N2 in value against the dollar, dropping to N480/$1. The new value of naira was recorded on Friday from N478/$1 on Thursday at the parallel market. Data obtained from “Abokifx,” a website that tracks forex rates on the parallel market, shows that after falling to N487 per dollar in late November, the naira appreciated to N465/$1 during the Christmas festivities. It, however, resumed its downward trend a fortnight ago, dropping to between N475 and N478 per dollar, due to…
Read MoreWhy fresh lockdown is likely in Lagos, Abuja, Plateau – Nigerian Govt
Here are the reasons Nigeria, which according to data, lost N3bn to five weeks’ lock down of Abuja Lagos and Ogun in March 2020, is planning to, again, put its commercial capital, and two others, under lock and key. The Nigerian government has given reasons for considering targeted lockdown in Lagos, country’s commercial capital, the Federal Capital Territory, Abuja; as well as Plateau State. The Presidential Task Force (PTF) National Incident Manager, Mukhtar Muhammed, who stated this on Friday, maintained that the rising cases of Covid infections recorded in…
Read MoreTotal Nigeria suffers 30% revenue drop, Profit dips to N2.244b in 2020
Total Nigeria Plc (TNPLC) has recorded 30% shrink in revenue for the financial year 2020. The leading petroleum marketing company, which stated this in its unaudited financial statement for the year ended 31 December, 2020, added that its profit dips 2 per cent to N2.244b in 2020. The unaudited financial statement came with 30% drop in revenue to N204.159 billion from N292.177 billion in 2019. However, profit for the year dropped slightly by 2% to N2.244 billion from N2.279 billion in 2019. Meanwhile, the oil marketing group will not…
Read MoreNNPC, partners Ink FID on $3.6bn Brass Methanol Plant, Africa’s largest
NNPC’s helmsman, Mallam Mele Kyari, who promised timely completion for the largest methanol plant in Africa and the first in Nigeria, unveiled how the project would create 35,000 jobs The Nigerian National Petroleum Corporation (NNPC) says it would do everything within its powers to ensure the timely completion of the $3.6bn Integrated Gas Processing and Methanol Plant in Odioma, Brass Island, Bayelsa State. The Group Managing Director of NNPC, Mallam Mele Kyari, made the commitment at the signing of the Final Investment Decision (FID) on the project which…
Read MoreNigeria’s Warri popular Musician, Father of four, Commits Suicide
A popular hiphop artiste in Warri, South South Nigeria, identified as Starboy Fizzy has reportedly committed suicide in Effurun area of Uvwie Local Government Area of Delta State. Starboy Fizzy, it was gathered, decided to take his life following rumour that he had planned to use his mother for ritual. The incident happened early Thursday at Alegbo area of Effurun after he reportedly consumed a substance suspected to be Sniper. Starboy Fizzy has released several songs including “Fire” and “oil dey my head” which he recorded with MBA records. The songs enjoyed massive airplay, it was gathered. The rumour that he…
Read MoreHow Chevron suffered $5.5bn loss in one year
Here is how despite sack of staff and slash in capital spending to ride out the downturn, Chevron still finished the year with a loss of $5.5 billion. Chevron reported a fourth-quarter loss Friday to conclude a rocky year for oil companies as the coronavirus battered demand for petroleum products. The US oil giant, which trimmed staff and slashed capital spending to ride out the downturn, finished the year with a loss of $5.5 billion, compared with earnings of $2.9 billion in 2019. Chevron lost $665 million in the…
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