Author: Pride Team

The Minority Leader of the Lagos State House of Assembly, Akeem Bello has urged President Muhammadu Buhari to avert tribal war following the menace of Fulani herdsmen pervading the country. Bello made this appeal in his office Alausa Ikeja, stating that the President needed to swift into action to prevent development capable of leading to retaliation by other tribes. In the latest of their dastardly acts, the Fulani herdsmen were on Monday went rampage allegedly attacking villagers in Ukpabi Nimbo Community in Uzo-Uwani Local Government area of Enugu State. Bello therefore spoke against the backdrop of the increasing attacks by Fulani…

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Lagos State Governor, Mr. Akinwunmi Ambode on Wednesday expressed optimism that the activities lined up for the forthcoming Lagos International Jazz Day will go a long way to showcase the tourism potentials of the State to the World. Governor Ambode, who spoke at the Lagos House, Ikeja when he played host to some of the groups collaborating with the State Government on the forthcoming star-studded concert to commemorate the 2016 International Jazz Day, said apart from being the financial and commercial hub of Nigeria, his administration will work hard to equally transform Lagos to the tourism hub of Africa. He…

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FORMER Speaker of the Edo state House of Assembly Rt. Hon Thomas Okosun has turned down the request by General Charles Airhiavbere to be the Director-general of the Committee to elect him the next Governor of Edo state. Okosun, a lawyer by profession, was also a former State Chairman of the Action Congress of Nigeria, ACN. The former lawmaker who made his position known to newsmen in Benin City described as mischievous a publication in the dailies that he has accepted the offer from the governorship aspirant He said though the principal made an offer to him; he was yet…

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MTN Group former CEO Sifiso Dabengwa was paid R23.7 million ($1.6 million) for loss of office after he resigned from Africa’s biggest wireless operator following a record $5.2 billion fine levied by Nigerian regulators. The payout took Dabengwa’s total 2015 remuneration to R40.6 million, Johannesburg-based MTN said in the company’s annual report published on Monday. Phuthuma Nhleko, who returned as executive chairman to resolve the Nigeria penalty after Dabengwa left, was paid R5 million for 2015 work from November 9.The fine remains unresolved. MTN shares have declined 24 percent since the fine, later reduced to $3.9 billion, was made public…

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 The powerful young prince overseeing Saudi Arabia’s economy had unveiled ambitious plans aimed at ending the kingdom’s “addiction” to oil and transforming it into a global investment power. Deputy Crown Prince Mohammed bin Salman said the world’s top oil exporter expects state oil company Saudi Aramco to be valued at more than $2 trillion ahead of the sale of less than 5 percent of it through an initial public offering (IPO). He added that the kingdom would raise the capital of its public investment fund to 7 trillion riyals ($2 trillion) from 600 billion riyals ($160 billion). The plans also…

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A passenger who was discovered on board a South African Airways 060 from Johannesburg to Lagos was alleged to be smoking on board the aircraft has been handed over to the police for prosecution with the Nigerian Civil Aviation Authority (NCAA) vowing to follow the case to its logical conclusion to serve as a deterrent to others. The unruly passenger (name withheld) resorted to smoking on board an aircraft in abeyance to civil aviation regulations in contravention of Section 58 of the Civil Aviation Act 2006, Part.17.97.2 (a) and (c) of the Nigeria Civil Aviation Regulation 2012. In line with…

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VW’s sales rose as strong demand in China and a pickup in the key Western European market helped to offset the fallout for the group as a consequence of the Dieselgate emissions scandal that has engulfed the German car industry. Meanwhile Toyota said it had suffered a 2.3 percent slump in first-quarter sales to 2.46 million compared with the same period in 2015, following disruptions to production earlier in the year. VW said earlier in April that first-quarter sales had climbed 0.8 per cent to 2.51 million vehicles thanks to a 6.4 percent gain in sales in China and a…

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The European Union had charged Google with using its dominant Android mobile operating system to squeeze out rivals, opening a second front against the US technology giant that could result in large fines. EU antitrust regulators said that by requiring mobile phone manufacturers to pre-install Google Search and the Google Chrome browser to get access to other Google apps, the US Company was harming consumers by stifling competition. The EU’s move is the latest in a series of anti-trust challenges Google has faced in both the EU and countries including India, Brazil and Russia. US regulators closed their most recent…

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France announced Monday it was raising its renewable energy goals and would become the first country to issue “green bonds” to fund projects which benefit the environment. French President Francois Hollande also confirmed that the country’s oldest nuclear power plant; Fessenheim — which sits near the German and Swiss borders — would be closed. Hollande was speaking at a national environment conference in Paris, where he sought to further carve out his country’s role as a leader in energy transition after the signing of a global climate pact in Paris in December. Also at the conference, Environment Minister Segolene Royal…

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