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APC reacts to Senator Mustapha Bukar’s death

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The All Progressives Congress (APC) has expressed sorrow over the death of the Senator representing Katsina North in the National Assembly, Senator Mustapha Bukar. In a statement by its National Publicity Secretary, Bolaji Abdullahi, the APC said “Although, a first-time federal lawmaker, the late Senator Bukar made his mark in the Senate through his progressive and pro-people legislative interventions, particularly through his Chairmanship of the Senate Committee on Capital Market. “At Party level, we have indeed lost a dependable and loyal Party man who contributed immensely to the growth and strength of our great Party. “We extend deep condolences to his family, constituents, National Assembly, particularly the Senate, President Muhammadu Buhari and the government and people of Katsina State over the sad and painful loss. It is our prayer that the Almighty Allah grants the late Senator Aljannah Firdaus.”

Referee correct to consult VAR in England vs Italy, says Dennis Wise

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Dennis Wise thinks the referee made the right call in awarding Italy a penalty against England after using VAR Former Chelsea midfielder Dennis Wise believes Italy were correctly awarded a penalty against England following a video assistant referee (VAR) review. England had looked on course for a second straight 1-0 victory after Jamie Vardy's 27th-minute strike put them ahead at Wembley. But in the closing minutes, referee Deniz Aytekin consulted a pitchside monitor after Burnley defender James Tarkowski appeared to foul Federico Chiesa inside the box. Replays showed the defender had stepped on the Italian's foot. ...

Nigerians react as Brymo ‘nude’ pictures, video

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Nigerian singer and songwriter, Olawale Ashimi, popularly known as Brymo is currently facing serious criticisms for his latest nude images and video he uploaded online to promote his latest release. Brymo in a video entitled Heya was almost naked, wearing a g-string. This, however, did not go down well with majority of his fans on social media as some have advised him to bury his music career, adding that he is just seeking attention. others, however, hailed him, describing the pictures and the video as ‘creative work of art’. Here are some comments gathered by DAILY POST: @Osascruz “Nudity in music video is not okay, it doesn’t matter who did it or who is doing it. Music video I can’t watch in Presence of my younger ones. “Brymo is super talented but nude? I guess dude is looking for what will sale the video, and it’s working. @_Maestro “What Brymo wore in Heya video is not a G-String, its what our ancestors used to wear long before some cultures sett...

UPDATE 1-Nigeria earned 557.9 bln naira ($1.77 bln) in state revenue in February

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ABUJA, March 28 (Reuters) - Nigeria earned 557.9 billion naira ($1.77 billion) in gross revenues in February, up from 538.9 billion naira ($1.71 billion) the previous month, due to higher crude exports and prices, Accountant General Ahmed Idris said on Wednesday. The OPEC member is recovering from its worst recession in 25 years after the economy’s main driver, oil, saw a three-year plunge before prices began to recover in the past year or so. Nigeria is Africa’s largest oil producer and crude sales account for two-thirds of government revenue. The funds are shared among the country’s 36 states. The country shared revenues generated in February from crude and other sources including taxes totalling 647.4 billion naira to its three arms of government, Idris said. On Tuesday, the finance minister called an emergency meeting for next week with the head of state-owned Nigerian National Petroleum Corporation over revenue payments. The government has borrowed from dom...

The Risk of Doing Nothing

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I’m forever blowing bubbles, Pretty bubbles in the air, They fly so high, nearly reach the sky, Then like my dreams they fade and die John Kellette, Jaan Kenbrovin 1918 Hardly a day goes by without a story that financial markets are in “bubble” territory. Stock markets around the world, including the FTSE All-Share, are at record highs and bond yields are at record lows. The former means that valuations are at the upper end of historic ranges. The latter has meant that many unusual things can be sold to investors anxious for yield. Recent examples include a 100-year bond with a coupon of just 2.1% that raised €2.5 billion for Austria. Possibly a better risk than the three 100-year bonds issued by Mexico in recent years but at least the Mexican government prints its own currency. Despite the money that has been made by those who have stayed invested in bonds and/or equities in recent years, there is little sign of euphoria. Rather in our experience, investors ...

Goldman hikes yuan exchange rate forecasts, cites U.S. trade ties

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  LONDON (Reuters) - Goldman Sachs has upped its 12-month yuan/dollar exchange rate forecast to 6.20 yuan from 6.45 previously, predicting that trade relations with the United States would limit China’s ability to weaken its currency. U.S. 100 dollar banknotes and Chinese 100 yuan banknotes are seen in this picture illustration in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo In a note received on Wednesday, the bank said it had also raised its 3-month yuan forecast to 6.30 yuan from 6.35 CNY= earlier, while changing the 6-month forecast to 6.25 from a previous 6.40. Goldman Sachs analysts said in a research note that “the renewed focus on trade relations with the US...(and) the desire to facilitate local currency bond inclusion in international benchmarks” would offset slower Chinese growth and authorities’ uncomfortableness with further yuan appreciation. The yuan is currently trading at 6.28 versus the dollar, having rallied...

Linda Ikeji get Engaged

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Linda Ikeji’s sister confirms blogger’s engagement   Popular Nigerian blogger and Entrepreneur, Linda Ikeji is finally Engaged. The 31-year-old who has been under pressure to get married reportedly got engaged to her ex-boyfriend. The news of Linda’s engagement flooded the Nigerian media on Tuesday with her sister, Sandra Ikeji confirming it on her Instagram page. Sandra wrote: ”Congratulations @officiallindaikeji So happy for you sweet sis! This tells me that sometimes the wait is worth it. ”Can’t wait to plan your special day!@eventsbysi are you readyyyyyy? #it’sagetaway.” Similarly, Nollywood actress, Toyin Aimakhu, has congratulated the popular blogger. Toyin took to her Instagram handle to congratulate her. She wrote, “Congratulations to our very own Linda Ikeji for ticking one of the important boxes every woman has piled up on her list; as she got engaged to her heartthrob! “@officiallindaikeji, I can’t wait to fill my tummy up w...