Posts

ASUU to FG: Our Demand is 1trillion naira before strike will be suspended.

Image
 After meeting on 22nd,   ASUU and FG to hold another Meeting On Monday Nigeria's Minister of Labour, Dr Chris Ngige who chaired Tuesday's meeting with ASUU has revealed the meeting has been adjourned till Monday this week when the government hopes to get back to the lecturers on some of the issues raised. The conciliatory meeting between the minister of Labour and the leadership of ASUU on Tuesday evening has come to an end with both parties refusing to brief the press on the issues that were discussed. The Academic Staff Union of Universities (ASUU) says it will not shift ground until its demands are met by the federal government. Speaking at the meeting with the leadership of ASUU, Chris Ngige, the labour and employment minister, said the government would do “everything possible” to resolve the strike. The union had lamented the government’s failure to fulfill some of the agreements it reached with varsity lecturers to suspend its last strike in 2020. Meanwhile, as we...

What SWIFT does and why it matters to Russia

Image
  What SWIFT does and why it matters to Russia SWIFT has become a hotly debated topic in the conversation about Russian sanctions. Cutting Russian banks' access would further isolate the country from the global financial community, and put more economic pressure on the Kremlin. SWIFT, or the Society for Worldwide Interbank Financial Telecommunications, is a secure messaging service that more than 11k banks around the world use to communicate. "Essentially, the Gmail of global banking," as Bloomberg explained yesterday. Cutting Russian banks' access would isolate the country from the global financial community, and put more economic pressure on the Kremlin. The U.S. and its European counterparts have so far held back from cutting off SWIFT, but it's not off the table. European countries use SWIFT to pay Russian companies for oil and gas. Regular folks overseas are also familiar with the system, using it to conduct cross-country money transfers — to pay bills, s...

Beyonce Features Wizkid, Tiwa Savage Others In New Album

Image
The album, which was produced by Beyonce, features a host of several African artists. The final track list was revealed on Tuesday consisting of 14 tracks. American singer, Beyonce, has released the track list for her Lion King inspired album: “The Lion King: The Gift.” The album, which was produced by Beyonce, features a host of several African artists. The final track list was revealed on Tuesday consisting of 14 tracks.  Speaking to ABC Information, she said, ‘This soundtrack is a love letter to Africa and I wish to ensure we discover the most effective expertise from Africa. I wished it to be genuine to what’s stunning concerning the music in Africa. “We've kind of created our own genre and I feel like the soundtrack is the first soundtrack where it becomes visual in your in your mind.The soundscape is more than just the music because each song tells the story of the film.” Tiwa Savage, Tekno,Mr.eazi, etc are also futured Watch:https://www.instagram.com/p/...

#AFCON2019:Dangote promised to give the Super Eagles $75k for each goal they score starting from now

Image
Following the qualification for the semifinals of the African cup of Nations(AFCON)2019,Africa's richest man aliko Dangote and his billionaire friend Femi otedola has promised the team $50,000 and $25,000 for every goal scored in the remaining two matches of the competition. Super Eagles defeated south Africa 2-1 on Wednesday night to book their spot in the semi-finals where they would play either Algeria or cote d'lvoire on sunday at the championship. Otedola pledged the sum of the two business muguls made the pledged to the players when president of the Nigeria football federation (NFF), Amaju pinnick put a call through to them asking for their encouragement and motivatuon for the team. Pinnick made the call during his visit to the team's le'meridien cairo airport hotel on Thursday morning,where he asked the players to redouble their efforts in order to cross to the final stage on Sunday.  While Dangote made a pledge of $50,000 to the team for every goal score...

Lionel Messi Named Fourth-Highest Paid Entertainer In The World Behind Taylor Swift But Ahead Of Ed Sheeran

Image
Lionel Messi has been named the fourth highest-paid entertainer in the world, according to Forbes. Forbes released their list of the top 100 highest-paid celebrities for 2019 with Messi landing at No. 4 overall. The American business magazine estimated that the Barcelona superstar raked in a staggering $127 million (£101 million) as of July 2019. Messi's on an eye-watering contract at Barcelona. He signed a new deal last year which sees him earn a basic £50 million per year before tax. He also has an extremely lucrative sponsorship deal with Adidas. His arch rival Cristiano Ronaldo also cracks the top ten. He's placed in No.6 at $109 million (£87 million) while Neymar is in No.7 at $105 million (£84 million). Middleweight king Saul 'Canelo' Alvarez, who pocketed a cool $94 million (£75 million), rounds off the top ten. Musician Taylor Swift leads the world's highest-paid celebrities list. She made an insane $185 million (£148 million). Kylie Jen...

University Of Nigeria Unveils First Five-seater Electric Car, Christened It 'Lion Ozumba 551'

Image
Improving on the automobile industry in the country would help create more employment and reduce huge amount of money used in importing cars into the country. excitement galore at the University of Nigeria, Nsukka (UNN) yesterday as the institution’s Engineering Faculty successfully unveiled its first five-seater electric car. Christened Lion Ozumba 551, the car, made with 80 percent locally-sourced materials, could undertake a 30-kilometer distance when fully charged. Vice Chancellor of the university, Professor Charles Igwe, said the car was part of the drive to accord innovation and technology the highest attention to reposition the institution for greater heights. He commended the immediate past Vice Chancellor, Professor Benjamin Ozumba, who he said laid the foundation for innovation and technology upon which the car dream was realised. “I feel happy that I inherited a strong institution from Ozumba and I promise to consolidate on his achievements,” he said. Director-...

Jeff Bezos' ex-wife becomes 22nd richest person after getting N13.6 trillion from divorce

Image
Legit.ng recently reported that the world's richest man Jeff Bezos agreed to a record-breaking divorce with his wife Mackenzie. The divorce has been finalised and Mackenzie has received a sum of N13.6 trillion as settlement. Due to this, she has become the 22nd richest person in the world. The wealthy female divorcee has promised to donate half of the money received to charity. Based on the agreement, MacKenzie who is 49 years old will receive 4% stake in Amazon.com shares. This is valued at $38.3 billion which, in the Nigerian currency, is an equivalent of N13.6 trillion. Jeff Bezos, on the other hand,, will retain a 12% stake. The 55-year-old man will continue to be the world's richest man with a net worth of $121 billion. The Bezos couple who were married for 25 years have four children together. It has been said that the union collapsed due to an alleged cheating activity. News emerged in January 2019 that Jeff had been allegedly cheating on his wife ...