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MTN Group makes final exit from Jumia, rakes in $138m
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Business
MTN Group makes final exit from Jumia, rakes in $138m
MTN Group has completed its exit from Jumia, a leading e-commerce platform in Africa, selling its 18.9 percent stake and raising $138 million from the deal. This was contained in the MTN Group third quarter for 2020 (Q3 2020) financial report, released on Friday. Read more
We won’t disclose identity of soldiers deployed to Lekki Tollgate – Nigerian Army
The Nigeria Army has given reasons why it will not disclose the identities and the number of personnel that was deployed to Lekki Tollgate on Tuesday, October 20, 2020. The Army said its unprofessional and against the operational security of the organization to disclose their identities. Read more
Nigerian Breweries to pay N1.9b dividend on Q3 earnings
THE board of directors of Nigerian Breweries (NB) Plc has earmarked about N1.9 billion for distribution to shareholders as interim cash dividend after the company posted net profit of N7.05 billion in third quarter. Shareholders will receive a dividend per share of 25 kobo. Read more
Electricity: Consumers Kick As DisCos Resume Tariff Hike
Electricity consumers have kicked against the resumption of tariff hike by Electricity Distribution Companies (DisCos), which comes into effect on Sunday. They said after two months of high-level discussions occasioned by the suspension of the tariff hike, they were still not satisfied with the measures reportedly taken by the federal government and the DisCos purportedly to cushion the effect of the increase. Read more
Danbatta: NCC remits N344.71bn revenue to FG in 5 years
Umar Danbatta, executive vice chairman of the Nigerian Communications Commission (NCC), says the commission generated and remitted N344.71 billion in revenue to the federal government’s consolidated revenue fund (CRF) in the last five years. Read more
Turkey, Nigeria furniture dealers to hold bilateral business meeting
The Inegol Furniture Manufacturer Association, Turkey will hold a bilateral business meeting with the dealers, importer, and stakeholders in the furniture industry in Nigeria. The meeting is expected to be held online and remotely, which means participants will have the options to either connect virtually from the comfort of their homes, offices or join other participants in a location that will be announced soon. Read more
#EndSARS: Governors are well within their rights to set up panels of enquiry – NBA
The President of the Nigerian Bar association, Olumide Akpata, has said that Nigerian Governors are well within their rights or the power of the law to set up panels of inquiry to determine if SARS went beyond their boundaries to violate the rights of citizens. Mr. Akpata disclosed this in an interview with Channels TV on Sunday evening. Read more
Social
OPPO Mobile Nigeria Signs Multi-Million Naira Partnership Deal with Laycon
Held at the Radisson, Ikeja, the reveal of Laycon as a brand partner comes after his remarkable win at the just concluded Big Brother Naija ‘Lockdown’ edition. Speaking on the announcement, Laycon said, “OPPO Mobile is one of the most reputable smartphone brands in the world, and I am thrilled to join the OPPO family. I can’t wait to connect even more with a passionate smartphone savvy audience”. Read more
Actor Williams Uchemba engages girlfriend
Nollywood child star Williams Uchemba has proposed to his longtime girlfriend, Brunella Oscar. The movie star announced the big news via his Instagram page on Saturday, October 31, 2020. Read more
Cardi B’s Husband Calls Her Out For Lying On Her “WAP” Verse
Cardi B, in her “WAP” verse video claimed she doesn’t sweep, cook, or do anything but her husband has exposed her lies with his recent video. In the video, Cardi B was seen sweeping the room after they had opened some presents tidying up the place and Offset captioned the video ‘liar’. Read more
Sean Connery Battled Dementia Before Death, Wife Says
Sean Connery's wife Micheline Roquebrune said in a rare interview that her husband suffered from dementia before his death. The legendary Scottish actor, the first to play James Bond in a film, died at age 90 in the Bahamas, his family announced on Saturday, Oct. 31. He had lived there permanently since he largely retired from acting in 2003. Read more
AGS Quote of the day
“Be BOLD! Break out of it today, and jump over one of the biggest mental barriers in your mind: the barrier of love from the point of pain.”- Bridgette Murphy
About AGS Tribe
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