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Saturday, 18 May 2019

Update: Court strikes out suit challenging the defection of Saraki, Dogara, 52 other lawmakers

Update:?Court strikes out suit challenging the defection of Saraki, Dogara, 52 other lawmakers



A Federal High Court in Abuja has struck out the suit filed by the Legal Defence and Assistant Project (LEDAP), challenging the defection of 53 lawmakers for lack of locus standi to file the suit.  

Initially, Justice Okon Abang had declared the act as unlawful based on the judgement of the supreme court, which laid down reasons that would allow for defection. According to him, the lawmakers did not meet that requirement.

He further explained that there was no division of the kind recognized by the Supreme Court to allow the defendant, that is the Senate President and 53 others retain their seat with the exception of the third defendant, Senator Godswill Akpabio.

He said this is so because in his view, at the time they claimed there was division in their parties which resulted in them decamping, those political parties were still functioning as political parties, hence, the division was not of the kind that will enable them decamp.

Simon Lalong emerges chairman of Northern governors forum

Simon Lalong emerges chairman of Northern governors forum



Plateau State Governor, Simon Lalong has emerged chairman of the Northern Governors Forum for another four years. He was elected by his colleagues during the meeting of the Northern Governors Forum which held in Kaduna on Friday.  

At the meeting which is the forum’s first of the year, the governors also agreed to set up a joint financial institution that will galvanize rapid socio-economic development within the region and enable it attain some degree of financial independence.

The governors also resolved to meet with President Buhari over the security challenges in the region.

The meeting of the northern governors which later went into closed door, is expected to receive briefing on the security situation across states as well as submissions from officials of the northern Nigerian development company on the successes made in the areas of oil exploration in the lake chad basin, as well as reviving the collapsed Kaduna textile factory owned by the 19 northern states.

Khloe Kardashian's ex-husband Lamar Odom reveals he used a 'fake penis' to pass a 2004 Olympics drug test

Khloe Kardashian
Former NBA star, Lamar Odom has revealed he used a prosthetic penis filled with his trainer's urine to pass a drugs test for the Olympics in 2004.

The 39-year-old who was married to Khloe Kardashian was offered a spot in the U.S. Men’s Olympic basketball team but had been “smoking weed every day that summer.”

Lamar, who knew he wouldn't pass to compete at the Olympics in Athens, Greece had to come up with a way of passing a drug test by using a fake penis.

He revealed this in his new memoir, Darkness to Light, which was obtained exclusively by PEOPLE.

Juventus confirm Massimiliano Allegri will leave at end of the season after five years in charge of the club

Juventus confirm Massimiliano Allegri will leave at end of the season after five years in charge of the club
Italian giants, Juventus have announced that coach Massimiliano Allegri will leave at end of the season after five years in charge.

The 51-year-old Italian coach has won five Serie A titles and the Coppa Italia four times during his five years in charge of the Turin-based side, as well as finishing runners-up in the Champions League in 2015 and 2017.

The club released a statement to confirm the news, which read: 'Massimiliano Allegri will not be on the Juventus bench for the 2019-20 season. 

'The coach and the president, Andrea Agnelli, will meet the media together at tomorrow's press conference - Saturday 18 May, at 2pm in the press conference hall of Allianz Stadium.'  Antonio Conte and Pep Guardiola are among those who could replace Allegri with Mauricio Pochettino, the favourite to take over at the Allianz Stadium.

Reacting to the annoucement, Allegri told Italian TV programme Striscia La Notizia: "They were five marvelous years, five years is a lot for me," he said.  
"Six months to build a team and then leave like this? What do you mean six months? Five years to build Juventus.  
"Life is like this, things come and go." 

Italian media reported that the club had made contact with the Tottenham boss last week, with the Argentine coach reportedly demanding an enormous £17million-per-year contract, according to last Saturday's Corriere dello Sport. 

ALLEGRI'S JUVENTUS  TROPHY HAUL.
Serie A: x5 (2014-15, 2015-16, 2016-17, 2017-18, 2018-19)
Copa Italia: x4 (2014-15, 2015-16, 2016-17, 2017-18)
Supercoppa Italiana: x2 (2015, 2016)

Football legend, David Beckham and his three sons pose in new Manchester United jerseys

Football legend, David Beckham and his three sons pose in new Manchester United jerseys?
England and Manchester United legend, David Beckham shared this cute photo of himself and his sons Brooklyn, Romeo, and Cruz posing together in Manchester United new home shirt, inspired by the 1999 Treble-winning team he was part of.

Meanwhile, eagle-eyed fans quickly noticed his 16-year-old son Romeo took to the Queen's Park Rangers pitch in a pair of Arsenal shorts, showing his commitment to the north London club he supports.

Friday, 17 May 2019

MTN Nigeria Gains N184b On First Day Of Trading On The NSE - Investment


MTN Nigeria Communications Plc has just listed its shares on the Nigerian Stock Exchange (NSE), rallying N184 billion gain in first day of trading. The NSE admitted, by way of introduction, 20.35 billion ordinary shares of MTN Nigeria Communications at N90 per share.

The shares, which were listed on the Premium Board of NSE immediately rose by the highest daily allowance price change of 10 per cent or N9 to close at N99 per share. National Council President NSE, Otunba Abimbola Ogunbanjo, said: “We are particularly pleased that MTN Nigeria has joined the prestigious club of companies listed on our Premium Board with this landmark transaction, which will differentiate it as a professionally run telecommunications company with high standards, having met The NSE’s listing criteria.

“A Premium Board listing is a sign of commitment to strong corporate governance, excellence, professionalism, efficiency in service delivery and providing increased returns to shareholders. “It is our expectation that the MTN Nigeria listing, which is the NSE’s 2nd largest, will encourage other telecommunication companies to list their shares on The Exchange, thereby opening the sector up to cheaper, long term capital that will boost innovation and development.”

Chief Executive Officer NSE, Mr. Oscar Onyema, said: “We are delighted to welcome MTN Nigeria to the Exchange. Today’s listing is a promising development in the country’s telecommunications sector and we encourage other players in the sector to explore the different opportunities in the capital markets for raising long term capital.

Grumpy Cat, the richest cat in the world with $100M fortune is dead

Grumpy Cat, the richest cat in the world with $100M fortune is dead
Internet sensation and the world's richest cat has passed away at the age of 7 after amassing a $100million fortune .

Grumpy Cat, owned by Tabatha Bundesen from Morristown, Arizona shot to fame in 2012 in a YouTube video that got 15.7 million views. The cat even earned more than Hollywood stars Nicole Kidman, Cameron Diaz and Matthew McConaughey during her time in the spotlight.

Grumpy Cat, the richest cat in the world with $100M fortune is dead

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