Home » Business » Page 1084

Business

WazupnaijaNaija Entertainment  blogs & ForumsBusiness

Phoebe Bridgers & Run the Jewels Are Top Winners at 2021 A2IM Libera Awards

Bridgers also performed “Kyoto” on the show, which aired on YouTube. Most of the performances were pre-taped, but Fantastic Negrito performed “Chocolate Samurai” live. Other performances were by Arlo Parks (“Hope”), Black Pumas (“Colors”), Mavis Staples (“Who Told You That”), Lido Pimienta (“Te Queria”), Lecrae (“Drown”), Yuna (“Don’t Blame It on Love”) and Stax Academy Rhythm Section (medley). Staples received the independent icon award during the program. Staples, 81, fronted The Staple Singers, the famed gospel-turned-R&B family group, and has gone on to a significant solo career. Staples’ Grammy nominations span nearly the entire history of that awards show. She received her first, with The Staple Singers, in 1961 (the fourth year of the show) and her most recent this past year. Th...

President Buhar: We won’t rest until peace is fully restored in Borno

President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state. President Buhari, on an official visit to the state to appraise the security situation and commission some development projects, attributed recent successes recorded by the military against insurgents and terrorists at Dikwa, Damboa and Gwoza to careful planning, infusion of new equipment and other war materials as well as quality military leadership. “I am very happy to be here in Borno State once again. I consider Maiduguri and Borno State to be ...

White House considering talks between Joe Biden and China’s Xi Jinping

The White House will consider arranging talks between President Joe Biden and his Chinese counterpart, Xi Jinping, as the two countries spar over issues including human rights, a top U.S. official said on Thursday. Biden’s national security adviser Jake Sullivan said that the two leaders are due to “take stock of where we are in the relationship.” Beijing fumed over a communique issued at Biden’s urging by the Group of Seven leaders on Sunday. It scolded the country over human rights in its Xinjiang region and Hong Kong while also demanding a full and thorough investigation of the origins of the coronavirus in China. “Soon enough we will sit down to work out the right modality for the two presidents to engage,” Sullivan told reporters on a conference call. “It could be a phone call, it cou...

Naira appreciates at N493 to dollar in parallel market

The naira, on Thursday, appreciated by 1.8 percent to N493 to a dollar at the parallel market as the Central Bank of Nigeria (CBN) increased forex supplies to banks. The local currency, which opened at N502 per dollar, gained N17 to N485 during midday trading before closing at N493/$1, according to data on abokiFX.com, a website that collates parallel rates in Lagos. It also appreciated against the pound sterling to close at N710 and N600, gaining N3 and N6, respectively, on the street. At the importer and exporter (I&E) window, it appreciated 0.13 percent to close at N411.50 to the dollar. Last week, Godwin Emefiele, CBN governor, met with bank CEOs and agreed to increase the amount of foreign exchange allocated to banks to meet legitimate needs. Emefiele cautioned them to ensure that...

Manchester United identify Alexander Isak as Erling Braut Haaland alternative

Manchester United have identified Alexander Isak as an alternative target to Borussia Dortmund striker Erling Haaland this summer, The Star reports. The Red Devils recently committed Edinson Cavani to a new contract, but they are still searching for a quality young striker to add to their ranks. They have been heavily linked with Dortmund, but a deal appears unlikely with the Bundesliga outfit having no plans to sanction his sale. Haaland has a release clause worth £68 million in his contract, but that does not become active until the end of the 2021/22 campaign. It is now reported that the club have a ‘Plan B’, and could look to swoop for the services of Isak, who is currently contracted with Real Sociedad. Isak had another promising season with Sociedad last term, registering 17 goals an...

Inside Track: Leadership Shakeup at UMG Latin; KAABOO’s Future Up In the Air

Universal Music Latino is home to major stars like J Balvin, Karol G and Sebastian Yatra, with Kaminsky, a seasoned and respected executive, having had a hand in the regional and international development of all of them. “I’m thrilled to be a part of this talented team and looking forward to working together with our amazing roster of artists through the next phase, making Universal Music Latino even more successful,” said Kaminsky. “I want to thank UMG for this exciting journey, and for this new opportunity to continue making history for Latin culture.” In addition, Salomón Palacios, who has been at Universal since 2013, most recently as director of live and artist services division GTS, has been appointed senior vp of marketing & artist strategy for Univ...

Dangote Cement completes issuance of N50 billion bond programme

Dangote Cement Plc has announced the successful issuance of N50 billion series 1 fixed rate senior unsecured bonds, under its new N300 billion multi-instrument issuance programme. In a statement on Tuesday, the cement producer said the bonds were issued on May 26, 2021 at coupon rates of 11.25 percent, 12.50 percent and 13.50 percent for the three, five and seven-year tranches respectively. The bonds will be listed on the Nigerian Exchange Limited and FMDQ Securities Exchange. Dangote Cement said that the proceeds of the bond issuance will be deployed for the company’s expansion projects, short-term debt refinancing and working capital requirements. “Aside from this first issuance of a traditional bond under the new Multi-Instruments Programme, Dangote Cement has registered a programme ena...

2023: Yahaya Bello’s presidential posters flood Abuja

Presidential campaign posters of Kogi State Governor, Yahaya Bello, have flooded major streets in the Federal Capital Territory (FCT), Abuja. This is the latest in a series of presidential campaign posters on the streets of Abuja in recent weeks. Other 2023 presidential hopefuls whose campaign posters have adorned the streets of Abuja are the APC National Leader, Bola Tinubu; former Vice President Atiku Abubakar and former Senate President Bukola Saraki. Bello’s posters had various inscriptions such as, “2023 Presidency: Yahaya Bello for a generational change,” Yahaya Bello for President 2023″. Some were pasted on electric poles, roundabouts, overhead bridges, among others. They were sighted around the Ministry of Justice; the Federal Secretariat; NICON Luxury; Sheraton Hotel, street leadi...

EFCC to file 800 new corruption cases in court

The Economic and Financial Crimes Commission, EFCC, has said it is set to file 800 new corruption cases in court. The chairman of the commission, Abdulrasheed Bawa, said this Thursday as part of the weekly briefing by Heads of MDAs to give an update on their performance in office. He addressed State House reporters in Abuja. He said the cases to be filed will border on public corruption and cybercrime. The cases were delayed largely because of the strike by judiciary workers who shut down courts in Nigeria for over two months and only recently suspended the strike. At the event, Bawa also vowed that former Abia governor Orji Kalu “will be prosecuted all over again.” Newsmen reported how Kalu was set free by the Supreme Court on technicalities after being convicted of stealing billions of n...

Don: Ekiti’s resources can make it self-sufficient

As the Independent National Electoral Commission (INEC) announced June 18, 2022 as the date for the governorship election in Ekiti State, a security expert, Dr Oludotun Adetunberu, has called on the aspirants to be real and practical in their campaign promises in the overall interest of the residents. Adetunberu who was speaking with newsmen in Ado-Ekiti, the state capital harped on the need for potential aspirants to the number one seat in the state, prided as the land of honour to put in place structures and processes that would restore the lost glory of the state. The scholar, according to a statement signed by his media manager, Iyiola Oluborode emphasized that Ekiti State has resources that could make it self-sufficient if tapped into and well managed. He charged the leadership of all...

Naira slides again at official market

Naira for the second day in a row fell against the U.S. dollar at the official market Wednesday, but managed a rebound at the parallel market, a day after hitting its lowest black-market rate in at least four years. Data on the FMDQ Security Exchange where forex is officially traded showed that the naira closed at N412.00 per $1 at the Nafex window. The local currency performance on Wednesday represents a N0.25 or 0.06 per cent decrease from N411.75 the rate it traded in the previous session on Tuesday. The trading session on Wednesday witnessed a forex turnover of $131.86 million, this translates to a 23.44 per cent depreciation from $172.24 million posted in the previous session on Tuesday. The domestic currency experienced an intraday low of N420.97 and a high of N400.00 before closing ...

Pastor kills, buries wife in Akwa Ibom

A pastor in Akwa Ibom State, Nigeria’s South-south, has been detained by the police for allegedly killing his wife. The incident happened at a village called Ikot Ataku, Okon, in Eket Local Government Area. The pastor has been identified as Chris Enoch, the founder of Omega Word Global Ministries. He is from Ebonyi State, Nigeria’s South-east. The youth president of Okon Clan, Effiong Johnson told newsmen, Wednesday night, that Mr Enoch killed the wife, Patient, seven days ago and buried her corpse in the shallow grave inside their gated compound where they have been living with their five children. The eldest child is 15 years old. Mr Enoch’s church has been operating inside the same compound which is rented. The community became suspicious when the pastor’s children complained to neighbo...