Economic experts said Nigeria needs to reduce its public debt and improve capital development to end economic hardship. A renowned economic strategist, Dr Justin Amase and Lanre-Peter Elufisa, the Country Executive Director of Ominira Initiative, disclosed in separate statements at the Freedom in Nigeria Conference, held in Abuja Thursday. On his part, Amase said that there is a need to urgently tackle insecurity and solve the fundamental problem of power supply. According to him, power and transportation are the two critical infrastructures needed to boost any form of entrepreneurship and then improve market access to reduce inventory costs. Amase, the…
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Kwara United technical adviser Tunde Sanni has called for patience from the club supporters following their slow start to the season. The Harmony Boys have registered two wins, four draws and two defeats in the current campaign. They are unbeaten in the last three league matches. Sanni stated that with adequate support, the team will achieve success. “We almost secured the victory in the game against El-Kanemi Warriors in Maiduguri,” Sanni stated to Kwara United’s media. “We are sending a clear message to the supporters in Ilorin that with their support, Kwara United will do well.” Kwara United will battle…
The Confederation of African Football, CAF, has released a 10-man shortlist for the Player of the Year on Thursday. Some of the names that made the cut are the Nigerian duo of Ademola Lookman (Atalanta) and William Troost-Ekong (Al-Kholood). Others on the list are Achraf Hakimi (Morocco, PSG), Simon Adingra (Cote d’Ivoire, Brighton), Ronwen Williams (South Africa, Orlando Pirates), Serhou Guirassy (Guinea, Borussia Dortmund/Frankfurt), Amine Gouri (Algeria, Rennes), Chancel Mbemba (Congo, Marseille) and Soufiane Brahimi (Morocco, Real Madrid). However, some of the notable names who missed out include Mohamed Salah (Egypt, Liverpool), Victor Boniface (Nigeria, Bayer Leverkusen), Nico Jackson (Senegal,…
The Nigeria Premier Football League, NPFL, has withdrawn the licences of newly registered players of nine clubs. The move was necessitated following the club’s failure to clarify the disputes over the non-payment of salaries and entitlements of some of their former players and coaches. The NPFL enforced the decision of the Nigeria Football Federation Players Status/Arbitration Committee following the failure of affected clubs to take advantage of extended windows of moratorium. “Having exhausted the period of grace, we have moved to enforce the judgement, and the first step is to withdraw licences of all newly transferred and registered players of…
A bill seeking to make Sharia law not just a personal matter in the constitution has been rejected in the House of Representatives. The bill seeks to amend sections 24, 262 and 277 of the Constitution by removing “personal” in the application of Sharia law. The sponsor of the bill, Aliyu Missau, said commercial entities find it difficult to operate, noting that the constitution did not envisage entities like Jaiz and Taj banks. However, many lawmakers interpreted the move as an attempt to broaden the scope of Shariah law, which is often limited to marriage, inheritance and other personal issues.…
The Chief Executive Officer of Binance Holdings Limited, Richard Teng, has reacted to the decision of the Nigerian government to drop all money laundering charges against its executive, Tigran Gambaryan. Teng said Gambaryan was resilient in the face of adversity. The Nigerian government had dropped all money laundering charges against Gambaryan citing diplomatic reasons. DAILY POST recalled that the Economic and Financial Crimes Commission, EFCC, had in April arraigned Gambaryan for alleged money laundering. Gambaryan, a United States citizen, has been in detention since February following the clampdown on the cryptocurrency firm over alleged manipulation of the naira. Reacting, Teng…
Nigerian striker Victor Boniface has reacted to the decision of the Confederation of African Football, CAF, to omit him from the 2024 CAF Player of the Year shortlist. Boniface, who plays for Bayer Leverkusen, was one of the notable absentees from the list released on Thursday. He has been left out despite an outstanding season with the German side, who won the Bundesliga and DFB-Pokal last season. Boniface and his teammates were also runners-up in the Europa League. In total, Boniface scored 21 goals and provided 10 assists in 34 matches. His performances earned him the Bundesliga Rookie of the…
The Kaduna State Police Command has arrested at least 21 persons for allegedly attempting to disrupt the just-concluded local government elections in the state. The command’s Public Relations Officer, ASP Mansir Hassan, confirmed the development in a statement issued on Thursday in Kaduna. Hassan said the suspects, identified as political thugs, were caught allegedly attempting to block transportation routes and disrupt the distribution of election materials by targeting ad hoc staff members assigned to oversee the election logistics. He said they were caught by operatives from Operation Fushin Kada, who acted swiftly to prevent the planned obstruction of the electoral…
Members of the Zenith Labour Party, ZLP, in Abia State, have flagged off their campaigns ahead of the forthcoming chairmanship and councillorship elections. Speaking at the event held at the Enyimba International Stadium, Aba, the state chairman of the party, Chris Onukwue, charged the candidates to take their campaigns to the nooks and crannies of Abia State. He said that the party is poised to win the election, scheduled for Saturday, November 2, urging the chairmanship and councillorship candidates in the 17 LGAs to work together with the leadership of the party to deliver at the polls. In their responses,…
Simon Ekpa has denied the claim that he said the World Bank, through the former Nigerian Finance Minister, Ngozi Okonjo-Iweala, agreed to loan the Biafra Republic Government In Exile a sum of $57.5 billion. Ekpa spoke on Thursday through his X handle. His comment came after Okonjo-Iweala reacted to a statement purportedly from Ekpa, wherein he allegedly said the World Bank okayed a $57.5 billion loan for Biafra agitation. “I know no sensible person will believe what is contained in the outrageous tweet below but in these troubled times, it is important to underscore that the statement is false. “Again,…