Finance & Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY TUE. 8 MAY 2018

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Tracking Times – Headlines
LOCAL HEADLINES:
VANGUARD
Uwazuruike declares May 22 Biafra Day
Battle for Imo: Okorocha, deputy’s war escalates
Anti-open grazing bill: Ortom misfired, says Miyetti Allah leader
Uwazuruike declares May 22 Biafra Day
Army rescues over 1,000 Boko Haram captives
Diamond Estate murder: Udeme planned to travel abroad after killing her husband ‘ Police
US won’t deal with third party in restitution of $500m Abacha loot
Dogara’s faction conducts parallel APC ward congresses in Bauchi
We can’t confirm whether Rivers APC ward congresses held ‘INEC
2019: I’m not negotiating for VP’Moghalu
Ondo APC leaders want congress cancelled
APC ward congresses: Confusion as C-River chairman, Police boss differ
Anambra APC Congress: Nwoye accuses Ngige of plotting to hijack party leadership
Killings: Military to deploy boats to monitor Benue waterways
DAILY POST
2019: Pastor Adegboye reveals God has asked him to replace Buhari
APC to disqualify some Ekiti guver aspirants over violence
Oby Ezekwesili slams Saraki, Dogara over 2018 budget
APC’s right leg CPC, left hand a faction of PDP – Tunde Bakare blows hot again
Buhari reveals discussion with Saraki, Dogara
Ambode speaks on Nigeria’s current challenges
Dino Melaye: Ozekhome tells court why Senator jumped off police van in Abuja
Buhari set to depart Nigeria for UK on medicals
Ekiti APC secretariat sealed with Juju
Dino Melaye: Ben Bruce provides update on senator’s health condition
Osinbajo has reduced himself to EFCC spokesman – Reno Omokri
Tension as Shiites takes over Abuja, demand El-Zakzaky’s release
PUNCH
Buhari embarks on four-day medical trip to UK today
Bribery: Rickey Tarfa calls FHCs DCR as witness
Evans weeps, says theyve been beating me, no good food
Killings: Buhari okays new security measures for Kaduna
Codeine syrup: NAFDAC shuts Emzor, two others
Presidency lists corruption cases under Jonathan
Saraki, Dogara report IG to Buhari over Senate, Melaye
Court hears Melayes bail application Thursday
Nigerias fight against corruption applauded globally, says Osinbajo
Lagos develops master plan to strengthen tourism
LG party chairmen protest, sack Ekiti APC exco
EFCC charges ex-Plateau gov Jang with N6.3bn fraud
APC to disqualify Ekiti gov aspirants over violence
THE NATION
Ekiti APC aspirants, NWC disagree over shadow poll
Govt recovers N7.8b, $378m through Whistle-blowers policy
Killings meant to instigate war, says Buhari
Death toll in Kaduna attack rises to 71
Buhari off to London for medical
Evans weeps, says no good food in prison
Court dismisses suspects N200m suit on seized trucks
Ambodes re-election certain, says Ademowo
Oni writes Oyegun, NWC, says system compromised
Fayemi faults Awes removal as Ekiti APC chairman
Ekiti Apc electoral panel scribe nominated by an aspirant, says Oni
Ikeyina: SDP will take Nigeria to prosperity
Akwa Ibom APC resolves lingering dispute
2019: Oyo APC and challenge of consolidation
THISDAY
President Meets Saraki, Dogara, Says N’Assembly Invasion an Embarrassment
Buhari Heads to London on a Four-day Medical Trip
UBA Partners MasterCard to Ease Payments by SMEs
Birnin Gwari Attack: Death Toll Rises to 61, El-Rufai Visits Community
Buhari Condemns Attack, Approves New Battalion, Police Command
Troops Rescue 1000 hostages from Boko Haram terrorists
Melaye’s Bail Application for Thursday
US Blocks Malami’s Lawyers from Taking a Cut on $500m Abacha Loot
Marafa: Yari Working with Others to Sabotage Buhari’s Re-election
Codeine Crisis: NAFDAC Shuts Emzor, Bioraj, Peace Standard Pharmaceuticals
WORLD HEADLINES:
CNN
India’s problem with rape: Do women feel safe
US stands tall as Asia’s most powerful country despite rising China
Italians could return to the polls after coalition talks fail
Lawsuit accuses US Olympics, taekwondo stars of sex trafficking
Photos from this year’s Met Gala red carpet
US President’s move to pull out of the nuclear deal could spark a dangerous global crisis
Someone is really desperate to kill the Iran deal
Report: Ex-Israeli spies tried to dig up dirt on Obama aides
Trump slams Kerry over ‘shadow diplomacy’ to save accord
India’s problem with rape: Do women feel safe
Sale of Cambodian newspaper raises alarm bells
Warren Buffett: Bitcoin is ‘rat poison
Nestle is paying $7.2 billion to sell Starbucks coffee
Recovering from one child: China’s growing fertility problem
Trump teases fate of US detainees in North Korea like reality TV
Trump sets date for Iran nuclear deal decision
New York attorney general resigns over assault allegations
Hawaii lava consumes a car
White House officials balk at Giuliani’s media blitz
Melania Trump takes on cyber bullying with ‘Be Best’ campaign
McCain to block Trump from his funeral
ASSOCIATED PRESS
US abortion clinics face surge of trespassing and blockades
Military seeks to limit Congress on fixing child sex assault
Putin’s image: An inextricable part of Russian life
Report: Millions of tweets spread anti-Semitic messages
Chelsea Manning: Insurgent bid for US Senate is genuine
Putin takes oath of office for 4th term as Russian president
Syria’s Kurds put IS on trial with focus on reconciliation
Worry, fear in Iran ahead of Trump’s decision on atomic deal
Buffalo buzzing over Bills draft picks, Sabres lottery win
Asian markets rise, tracking Wall Street gains on job report
Springsteen escorts Van Zandt in to New Jersey Hall of Fame
From Bakersfield to DC, McCarthy’s unlikely rise in GOP
Chelsea Manning: Insurgent bid for US Senate is genuine
AP Explains: Why every vote is not equal in Malaysia polls
Monday hearing could have big implications in Greitens’ case
Annual Muzzle ‘awards’ go to alleged protest squelchers
Expansion Golden Knights top Sharks to make conference final
Guatemala’s crusading prosecutor exits amid praise, threats
Asian markets rise, tracking Wall Street gains on job report
Trial set for Latvian accused of running malware operation
Court asked to toss more cases tied to drug lab scandal
BBC
Cannes Film Festival rings in the changes
Sun Zhengcai: Former top Chinese official jailed for life
Malaysia election: What does politics mean to multi-racial voters
Bernd Maylander: Meet the man who has made F1 great again
England v South Africa: Eddie Jones to add attack coach for upcoming tour
New York Attorney General Eric Schneiderman quits amid abuse reports
Italy faces fresh elections as coalition talks fail
Met Gala 2018: Celebrities share divine looks on red carpet
Syria war: Rebels leave last major besieged enclave
Oliver North: NRA elects Reagan-era figure as president
Alabama ‘miracle’ boy wakes before doctors pull plug
Cannes Film Festival 2018: 10 films to watch
How a child rape became a religious flashpoint for India
Russia to showcase robot tank in WW2 victory parade
Vanilla price rise proves chilling for ice-cream makers
Zimbabwe’s women’s anti-poaching group protecting elephants
Malawi mourns death of former captain Jack Chamangwana
USM Alger big winners as Confed Cup group phase kicks off
Improved mental health care funding for new mums
Woman with Down’s contributes to Alzheimer’s research
Not just for naughty boys’: The rise in adult ADHD pills
AL JAZEERA
At least 18 killed in Rwanda landslides
Saudi-led coalition attacks Sanaa presidential palace
Nigeria: 1,000 hostages rescued from Boko Haram
Yemenis protest against UAE presence in Socotra
Cambodia: Phnom Penh Post editor sacked over article
April’s Afghan air attack on religious school killed 30 boys: UN
Shooter of Pakistan minister linked to far-right group
Opposition faction agrees to join South Sudan’s ruling party
‘US Embassy’ road signs appear in Jerusalem
Report criticises Egypt’s use of solitary confinement
BUSINESS HEADLINES:
$36.3bn spent on petroleum products’ importation in four years ‘ CBN – Punch
$6B Magellan Health’s CIO And CTO Drives A Humanized Digital Experience – Forbes
*NSYNC Enjoys Massive Streaming Boost Thanks To ‘It’s Gonna Be May’ Meme – Forbes
11 Founders On How To Best Listen To Customer Feedback – Forbes
2 jailed as BEDC moves against vandals – New Telegraph
2018 James Beard Award Winners: Edouardo Jordan’s JuneBaby in Seattle Is Named Best New Restaurant – Forbes
4 Changes You Need to Make Now to Comply With the EU’s Tough New Data Law – Entrepreneur
4 Cloud Services That do a Lot More Than Just Store Data – Entrepreneur
4 Ways The Demise Of Plenti Will Go On To Reward Shoppers – Forbes
5 important things happening in South Africa today – BusinessTech
5 Lessons On How A Living Wage Might Make Business Sense For You – Forbes
5 tricks to make you feel less afraid while flying – Business Insider
7 months after, NASS sets to pass N8.612trn 2018 Budget – Daily Times
A Fashion Archivist Shares Her Tips For Storing Clothing – Forbes
A Good Habit For Serial Entrepreneurs, And Everyone Else, To Become Our Best Selves – Forbes
A Little Caffeine May Be Good For The Heart After All [Infographic] – Forbes
SPORTS
2018 FIFA WC: Onazi praises Rohr for fast recovery from injury – Vanguard
5 Things We’ve Learned About LeBron, Cleveland Cavaliers in Series vs. Raptors – Bleacher Report
76ers’ Joel Embiid Says Terry Rozier Tried to Punch Him but Is Too Short – Bleacher Report
Ahmedu downplays Kwese bball league – Punch
Alex Ovechkin, Capitals Advance to Conference Final with Win vs. Penguins – Bleacher Report
Allardyce believes Everton have had the change needed for top-four finish – Goal
Allardyce believes Everton have had the change needed for top-four finish – Goal
Antoine Griezmann: Barcelona president says he met Atletico striker’s agent in October – BBC
Arsenal expect to name Arsene Wenger successor before World Cup – BBC
Asaba 2018: CAA Officials Express Satisfaction With Preparation – Daily Independent
Bacelona Intensifies ‘100m Griezmann’s Chase – Daily Independent
Barca: Dembele stays despite Griezmann talks – Daily Trust
Barcelona Transfer News: Josep Maria Bartomeu Fuels Antoine Griezmann Rumours – Bleacher Report
Barcelona vs. Villarreal: Team News, Preview, Live Stream, TV Info – Bleacher Report
Bayern Munich Transfer News: Fresh Robert Lewandowski and Arturo Vidal Rumours – Bleacher Report
Bayern, Japan FA Agree Youth Development Partnership – Daily Independent
BBC Women’s Footballer of the Year 2018 – last chance to vote – BBC
Ben Arfa omitted from PSG’s Coupe de France squad despite training with first team – Goal

Tracking Times – Entertainment
ENTERTAINMENT
#BBNaija 2018: Cee-C reacts to Alex and Tobi’s romance – Information Nigeria
#BBNaija Housemate, Leo Shares Adorable Photo With Cee-C – Daily Times
#BBNaija: ‘May God continue to bless you for me’ ‘ Alex to Tobi & Miracle – Information Nigeria
#BBNaija: Check Out Tobi Bakre’s Throwback Pictures – Information Nigeria
#BBNaija: Finally, CeeC reacts to Alex and Tobi’s romance – Gistlover
#BBNaija: I Don’t See Relationship With Alex Working At The Moment ‘ Tobi – Information Nigeria
#Headies: Charles Okocha pulls a dramatic scene when comedian Bovi tried to steal his ‘Accolades’ slogan – Information Nigeria
#LagosBridalFashionWeek: Yemi Shoyemi’s Designs Are Every Bride’s Dream – NET
#RubbinMinds: Toyin Abraham Cheated On Me While We Were Married- Ex Husband – NET
“Don’t wear anything to bed”- Nigerian lady advises men with unfaithful wives – Linda Ikeji
“My mum deserves some accolades for enduring all the societal stigma” – Lady who suffers from Vitiligo celebrates mother – Linda Ikeji
2 Chainz proposes to longtime girlfriend, Kesha Ward at the MET Gala (photos/video) – Linda Ikeji
4 Useful Makeup Tips For Oily Skin – NET
A Relationship With Alex Is Not My Goal For Now- #BBNaija’s Tobi Reveals On Rubbin’ Minds – NET
Adekunle Gold thrills at 30 album listening – The Nation
Adekunle Gold thrills during Before 30 album listening at Trace Live – Linda Ikeji
Adele turns 30 with Titanic themed bash – CNN
Ahneeka fires back at haters who slammed her over her Headies outfit – Nigerian Pilot
Christian Wealth Principles
6 Biblical Money Foundations That Unlock Financial Freedom – What the Bible Really Says About Wealth
You will learn about Godly wealth principles and Christian money tips. It covers managing money, financial freedom and you will also explore Biblical investing, and blessings.

Introduction
Is money evil? Should Christians be rich? What does the Bible really say about wealth?
Many believers struggle with finances due to mixed messages. But Scripture provides clear wisdom about money management. In this post, discover 6 Biblical money foundations that help you enjoy wealth without guilt and handle finances God’s way. This will help you in Faith and finances. You will learn about Godly wealth principles and Christian money tips. It covers managing money God’s way as well as spiritual and financial freedom. You will also explore Biblical investing, tithing, and blessings.
Watch the full video breakdown on our Faith & Fortune Finance YouTube channel [embedded below].
___________________
1. God Owns Everything—We Are Just Stewards
Psalm 24:1 – “The earth is the Lord’s, and everything in it.”
God owns it all—your money, house, gifts, even your ideas.
You’re not the owner. You’re the steward.
Action Steps:
- Shift from ownership to stewardship
- Ask God how to manage what He’s entrusted to you
- Use wealth to glorify God, not just yourself
Quote:
“When we see money as God’s, we handle it differently—with purpose, peace, and power.”
2. Diligence and Hard Work Bring Prosperity
Proverbs 10:4 – “Lazy hands make for poverty, but diligent hands bring wealth.”
Financial laziness is mental, physical, and spiritual.
Avoid laziness in planning, learning, and building wealth.
Example: Oprah Winfrey built a global empire through diligence—not luck.
Biblical Application: Psalms 1:3 – “Whatever he does prospers.”
Faith + Action = Prosperity
Action Steps:
- Show up early. Learn. Network. Execute.
- Serve God in your work, not just in church.
- Work is worship when done with purpose.
3. Avoid Debt and Live Within Your Means
Proverbs 22:7 – “The borrower is slave to the lender.”
Debt leads to anxiety, stress, and missed opportunities.
God’s people are called to financial freedom.
Real-World Example:
Chris Hogan teaches the power of debt-free living in Everyday Millionaires. These everyday millionaires became wealthy by saving. They also budget carefully and avoid debt.
Action Steps:
- Budget with a plan, not emotion
- Buy only what you can afford
- Practice the “banana principle”: Don’t chase what’s ripe today but rotten tomorrow.
4. Tithing and Generosity Invite God’s Blessing
Malachi 3:10 – “Bring the whole tithe… see if I will not throw open the floodgates of heaven.”
Generosity invites God into your finances.
Real-World Example:
Bill Gates’ philanthropy helped eradicate diseases and feed nations. He gave to bless, and the blessing multiplied.
Action Steps:
- Tithe as an act of faith
- Give beyond money—give time, wisdom, love
- Be a blessing to others
5. Invest and Multiply What God Gives You
Matthew 25:14–30 – Parable of the Talents
God expects you to grow what He gives you. Don’t bury your potential.
Real-World Examples:
- Warren Buffet invests long-term with wisdom and restraint
- Ray Dalio succeeds through planning, research, and principles
Action Steps:
- Start small—just start
- Learn to invest: stocks, skills, businesses
- Multiply resources for Kingdom impact
6. Practice Contentment—Avoid the Love of Money
1 Timothy 6:10 – “The love of money is the root of all evil.”
Wealth is a tool, not a goal.
Real-World Example:
Dave Ramsey lives and teaches contentment after rebounding from financial failure. He preaches peace over pressure.
Action Steps:
- Be content with what you have
- Avoid comparison and consumerism
- Focus on eternal rewards over earthly riches
🎯 How to Apply These Biblical Money Foundations Today
✅ Recognize that God owns everything
✅ Be diligent and hardworking
✅ Avoid debt and impulse purchases
✅ Tithe and give generously
✅ Invest wisely
✅ Practice contentment daily
Watch Full Teaching on YouTube
👇Watch this full video breakdown with real-life case studies and extra teaching only on Faith & Fortune Finance:
Conclusion
God’s financial principles aren’t just spiritual—they’re practical. Apply them and you’ll see peace, purpose, and prosperity flow into every area of your life.
Finance & Business
As Nigerians Battle Pains Of Soaring Petrol Price
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy.

BY IFEANYI MOGBOLU
The Daily Times-The latest fuel price hike in Nigeria is beyond frustrating. Every time we think it can’t get worse, it does, and yet again, ordinary Nigerians bear the brunt of it.
It’s like a never-ending cycle, where the government’s promises of reforms or stabilisation always end up as empty rhetoric. The cost of living is already sky-high, and now, with fuel prices rising again, transport fares, food prices, and basic commodities are bound to follow suit.
It’s enraging because it doesn’t feel like anyone is truly considering the everyday citizen who is struggling just to survive.
This is more than just about fuel; it’s about the larger picture of governance failure. The fact that a country as oil-rich as Nigeria can’t provide affordable fuel for its people is a tragedy. The subsidies are gone, and now we’re left in a situation where the prices of everything keep climbing, while salaries remain stagnant or non-existent for many.
The disparity between the elites and the masses is growing, and it feels like nobody in power truly cares about the suffering of the people.
READ ALSO: NNPC Lied About Pump Price, Our Fuel Is 15% Cheaper Than NNPCL’s Imported Ones — Dangote
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Naira Hits Six-month Low In Official FX Market, Prof. Steve Hanke Slams Tinubu
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground.
It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum. The state of living is unbearable, and the lack of empathy or real action from those in power only adds salt to the wound.
There’s a deep sense of anger and betrayal that comes with seeing your country’s wealth mismanaged, while the people continue to suffer. It’s hard not to feel like we are constantly being taken for granted, pushed further into hardship without any hope of relief. Something has to give, because this state of affairs is unsustainable.
QUOTE:
The anger isn’t just about fuel; it’s about the entire state of living. Nigerians are exhausted. There’s no sense of security; power supply is erratic, basic infrastructure is crumbling, and inflation is at an all-time high. How do we live like this? Every day is a battle to make ends meet, and the government seems utterly disconnected from the struggles on the ground. It’s infuriating that while politicians and elites live in luxury, the rest of us are left scrambling for the bare minimum.
Finance & Business
Nigeria To Receive $5.600,000 From Bill Gates, For Health And Agricultural Reforms, GMOs
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.

Bill and Melinda Gates Foundation is giving Nigeria through Vice President Kashim Shettima, a $5.600,000 funds to speedy up health and agricultural reforms in favour of the GMOs in Nigeria, and flood relief.
Through the Foundation’s head of Global Development Programme, Dr Christopher Elias, Bill Gates pledged $5 million grant approved for Lagos Business School and partners to develop the agricultural economics they called “industrial cassava” and $600,000 for flood relief in Borno State and other health sector initiatives.
Alongside the activities surrounding the 79th United Nations General Assembly in New York, Vice President Kashim Shettima held a meeting with the Bill and Melinda Gates Foundation leading to the announcement of the donation by the Foundation’s head of Global Development.
Recall that on 4 September, Bill Gates had described the Nigeria’s economy as “stagnated” and proposed agricultural reforms for faster and increased growths in crops, fruits, vegetables amongst others to enhance nutritional values of the Nigerian citizens through the agricultural sector.
In that meeting Chaired by Vice President Kashim Shettima, Bill gates urged Nigeria to adopt “innovative crop varieties with shorter growing periods, higher yields, and better pest resistance” pointing to the GMOs to address the food crisis.
READ ALSO: Bill Gates, Anthony Fauci and conspiracy theories (part 2)
Nigeria’s economy stagnated – Bill Gates
Nigeria Is Not Meant To Exist, A Collateral Damage And British Royal Niger Corporation -Burna Boy
Moreover, at the 79th UN General Assembly in New York, VP Shettima reaffirmed to the Bill and Melinda Gates Foundation, the commitment of the administration of President Bola Ahmed Tinubu prioritizing health, nutrition, and agricultural development in Nigeria’s national agenda.
In a statement by Senior Special Assistant to the President on Media and Communications, Office of the Vice President, Stanley Nkwocha, Shettima said: “we are deeply committed to addressing the pressing developmental challenges facing our nation, particularly the significant malnutrition crisis”.
He emphasised the Federal Government’s dedication and urgently working to secure locations for maize production under the Telemaze programme.
VP Shettima, promising swift action to the Gate’s Foundation on import permits for certified seeds, the VP said, “We recognize the critical importance of food security and industrial agricultural development. The Cassava Accelerator programme, in particular, holds immense potential for our economy.
“We are pursuing a whole-of-government approach to digitisation and data exchange systems, which we believe will revolutionise our public services,” he added while reiterating the government’s focus and commitment to digital transformation.
“With the expertise” of Nigeria’s ministers, “and the continued support of partners like the Gates Foundation,” the nation remains confident in its “ability to drive meaningful change and improve the lives of all Nigerians.”
In his response, President of the Global Development Programme at the Gates Foundation, Dr. Christopher Elias, said the Foundation is burdened with worries of the severe flooding in Borno, and is “committed to supporting Nigeria in times of crisis.”
Speaking of Polio, the Foundation said, “We’re impressed by the national task force’s efforts to eliminate variant polioviruses by year-end,” Dr. Elias noted.
Also, President of Global Growth & Opportunity Division at the Bill & Melinda Gates Foundation, Rodger Voorhies, detailed plans for scaling up drought-tolerant maize production and advancing the Nigeria Cassava Investment Accelerator programme emphasizing that a $5 million grant has been approved for Lagos Business School and partners to develop the agricultural economics of industrial cassava.
In his words, “Industrial cassava presents a multi-billion-dollar opportunity for Nigeria,” Voorhees stressed.
He requested import permits for 5,000 metric tons of certified GMO maize seed to build a foundation seed system in Nigeria.
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