Author: Chief Editor

•Say rising cost of operations fueling delisting, capital flight•44 delisted firms pull out N350b from market in seven years•Coronation Insurance informs market of planned delisting Uncertainty, multiple taxation, poor infrastructure and other macro-economic challenges, which have resulted in high cost of operations and triggered the delisting of quoted companies, have become a source of worry to shareholders, who have urged government to focus on creating an enabling environment for business operations. The investors, apparently irked by the recent delisting announcement by Coronation Insurance Plc, decried the huge blow to the market. They also urged the regulators to avert the renewed…

Your Excellency, It is for national interest that I write to convey the pains of the subordinate staff of the Nigerian Correctional Service. Sir, let me start by stating that the security agencies in Nigeria, the staff of the paramilitary agencies under the Ministry of Interior are the poorest paid agencies. This is to the extent that a senior inspector of the Nigeria Police Force earns higher than a superintendent rank officer of the Nigerian Correctional Service and other agencies in the Ministry of Interior. In these poor conditions of service, the management of the Nigerian Correctional Service has continued…

New Napoli manager Rudi Garcia has openly acknowledged the challenges that lie ahead if they have to find a suitable replacement for Nigerian sensation Victor Osimhen, should he depart during the summer transfer window, PUNCH Sports Extra reports. With only a month remaining before the start of the Serie A season, club president Aurelio De Laurentiis has yet to reach an agreement with Osimhen’s representatives regarding a contract extension. It is believed that when Osimhen returns to training on July 19, the matter will be revisited in person, with Garcia present, in an attempt to persuade the 24-year-old to commit his…

Born on June 22nd, Daddy Gbile Akanni, who is popularly called Bro Gbile Akanni, is a Nigerian preacher, author, and renowned teacher of the World. He holds an interdenominational fellowship that attracts Christians of all backgrounds. He doesn’t run a church; he is an itinerant preacher who moves from one denomination to another on invitation. Popularly known for his simplicity and preference to introduce himself as “Brother Gbile Akanni from Gboko”, he is a mentor to both the young and old across the nation. He is among the breed of Christian leaders disciplined by Pa Elton, to take the message…

The stage is set for the 2026 FIFA World Cup draw billed for Abidjan, Cote d’Ivoire, on Wednesday, July 12. The three-time African champions, Super Eagles of Nigeria, are among the teams that will discover their opponents in the qualifiers for the Mundial. Jose Peseiro’s side are among the top nine seeds at the draw based on the latest FIFA Rankings. Current African champions, Terangha Lions of Senegal, Atlas Lions of Morocco, Pharaohs of Egypt, Carthage Eagles of Tunisia and Desert Foxes of Algeria are also seeded for the draw. The other seeded teams are Les Aiglons of Mali, Indomitable…

Chelsea legend, John Obi Mikel has revealed that he got a ‘death stare’ from Manchester United legendary manager Sir Alex Ferguson for choosing the Blues over the Red Devils. Mikel, however, claimed that Ferguson eventually forgave him. The former Super Eagles captain was in high demand back in 2005 when he played for Lyn Oslo in Norway. Man United secured a deal to sign Mikel in January 2006, but Chelsea argued that they had already reached an agreement with the midfielder and his agents. After complaints to FIFA, Chelsea reached an agreement with Man United and Lyn to secure Mikel’s…

Arsenal legend, Ray Parlour has urged Chelsea to sign Brighton’s Moises Caicedo to partner Enzo Fernandez in the Blues’ midfield. Parlour said that Caicedo is really strong and the perfect midfielder for Fernandez in manager Mauricio Pochettino’s squad. Caicedo has been linked with a move to Chelsea this summer transfer window. Chelsea are keen to sign another midfielder after the departure of the likes of N’Golo Kante, Mateo Kovacic, Ruben Loftus-Cheek and Mason Mount. “I like Moses Caicedo,” Parlour told Genting Casino. “I think he will be the perfect fit for Chelsea. “He is really strong, always wants the ball,…

The National Chairman of the All Progressives Congress (APC), Abdullahi Adamu, has explained why it is taking long for President Bola Tinubu to unveil his new ministers. Speaking on Monday in Abuja, during a meeting with APC chairmen across the country, Adamu noted that Tinubu consulted extensively before deciding on names to choose. “The president has just started. And he is doing his extensive consultation before coming up with his nominees for ministers. “The nomination of the ministers will come first. They will go through their screening until they are pronounced after they have been submitted by Mr. President. “And…

•FG should avoid sentiments in political duties, says Kukah •Falana tells Tinubu to lead anti-corruption war •Oyebanji: Afe Babalola, special gift to Ekiti, Nigeria •Ooni, Oni, Anyaoku, others celebrate legal icon’s 60 years at the bar Former President Olusegun Obasanjo, yesterday, took a swipe at members of the National Assembly over what he called their outrageous salary package. Obasanjo said the legislators’ humongous remuneration was neither constitutional nor moral. The former president spoke in Ado-Ekiti during a colloquium to mark Aare Afe Babalola’s 60th anniversary at the bar. He argued that nobody would appreciate democracy until it had impacted positively…

•Urges Tinubu to carry party along in appointment of ministers •Sick Ondo governor writes state assembly to extend medical leave •President back in Abuja after trip to Guinea-Bissau National Chairman of All Progressives Congress (APC), Senator Abdullahi Adamu, yesterday, declared that the ailing Ondo State governor, Rotimi Akeredolu, was incapacitated and hospitalised. Adamu stated this at a meeting between the national leadership of the party and APC state chairmen. The national chairman also urged President Bola Tinubu to carry the leadership of the party along in the appointment of ministers in his cabinet. Earlier, Akeredolu, who is also the chairman…