Finance & Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY WED. 23 MAY 2018

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LOCAL HEADLINES:
PREMIUM TIMES
Police teargas pro-Biafra MASSOB protesters, arrest many
PHOTO STORY: Christians protest nationwide
Atletico Madrid edge Super Eagles in five-goal thriller
Gombe State Attorney-General dies at 58
Tramadol, Codeine Abuse: Reps propose N2m fine, two-year imprisonment for offenders
CAN urges Nigeria, others to relocate embassies to Jerusalem
JOHESU plans mass rallies, picketing to press home demands
Unlike Tinubu, others, Oshiomhole says APC can’t fix ‘destroyed’ Nigeria in three years
Killings: Group demands resignation of Police IG
TRIBUNE
Biafra day celebration turns bloody in Anambra
Our nation is bleeding
Ending the JOHESU strike
2019 election time table: Federal High Court dismisses suit against NASS
Saraki vs IGP: Senate delegation meets president Buhari at Aso Rock
Catholic protests: Osun Assembly condemns killing of priests
Delta 2019: Okowa is not my godfather ‘Diden
Prince Harry stung by bee in first outing at Buckingham Palace
North Korean meeting with US may not hold in June ‘Trump
VANGUARD
Biafra Day celebration turns bloody as security cracks down on BIM members
Sanusi laments govt’s spending of N1.4trn on fuel subsidy
We’re not folding our arms over non-remittance of pension funds, says PenCom
Ward, LG congresses: Dogara, 9 others sue APC nat’l leadership
Senate invasion: Ndume denies aiding hoodlums to steal Mace
Nigeria’s salvation in journalists’ hands ‘ Archbishop Atilade
Dapchi girls return to school despite Boko Haram warning
Metuh was asked to sit but he decided to fall ‘ Justice Abang
Gowon, Ambode, others for Diya’s 70th birthday thanksgiving
Buhari gateway for Igbo presidency
Has Obasanjo met his match in Buhari
APC National Chairmanship: Oshiomhole meets Saraki, APC Senate Caucus
Framework for $2.5bn China currency swap coming next week ‘ CBN
New trends, high risks: How new technologies support growth, threaten stability of emerging economies
UK-based Metropolitan Networks to develop specific tech solutions for Nigeria
Nigeria vs Atletico Madrid : Diego Simeone lauds Nigeria team B
THE AUTHORITY
FULANI HERDSMEN: Yola Catholic Diocese holds mass, procession
8 year old boy drowns in a well in Kano
Court dissolves man’s 9th marriage
CATHOLICS TO BUHARI: End killings now
$15bn Power Project: Obasanjo has case to answer ‘ Buhari
Why FG awarded contract for bridge project in Abia, by Hon Uko
Buhari, Senators meet on Saraki/IGP face-off
Stolen Mace: Omo-Agege refuses to testify before NASS panel
CAN salutes Israel @70, backs Jerusalem as capital
Ganduje’s achievements have silenced the opposition ‘ Commissioner
Price of crude oil nears $100
SEAHORSE LUBRICANTS Are Certified And Safe For Use In Nigeria ‘ SON
Nigeria records $17bn potential investment in 3 months
Nigeria to send two more satellites into orbit ‘ Minister
SAHARA REPORTERS
The Redeemed Church’s Genital Test For Intending Couples Is Cult-Like Imposition By Fredrick Nwabufo
Two To Five Killed, Many Injured’ As Police, Mob Clash At Niger Delta University
Gunmen Abduct Zamfara Commissioner’s Wife, Six Children
N26m Scam: Absence Of Witness Stalls Fani Kayode’s Trial
Suspected Cholera Outbreak Claims 12 Lives In Adamawa
OBSERVED: Did Gbajabiamila Just Call His Guests ‘Deaf And Dumb
It Won’t Favour The Igbo’ ‘ Abia Gov Aspirant Rejects Six-Year Single Term For Presidents
Ondo Lawmakers Impeach Deputy Speaker
Obasanjo Did Not Achieve Much With 16bn Project, Says Buhari
Buhari Praises Abacha: No Matter What You Think About Him, He Built Roads, Hospitals…
NEW TELEGRAPH
APC Convention: Oshiomhole apologises for past ‘sins
Customs CG to Buhari: I won’t seek election at 70, if I were you
MTN, Glo, Airtel set to increase data, call tariffs
Catholic Church to Buhari: Stop killings or resign
Obasanjo ‘bragging’ after he wasted $16bn on power ‘Buhari
Buhari meets Senate panel over Saraki, IGP’s face-off
Benue: Tears as Catholic priests, 17 parishioners are buried
Army kills 68 bandits, recover 17 motorcycles in Zamfara
Eating an egg daily boosts heart health
Senate invasion: Omo-Agege refuses to testify at panel
WORLD HEADLINES:
CNN
Pessimism mounts ahead of Trump-Kim nuclear summit
Young Americans try to stop Ireland from voting Yes to abortion
Pulitzer-winning novelist Philip Roth dies at 85
Stark divides and mixed messages dimming chances that Trump-Kim nuclear summit will happen
Haley: Trump’s unpredictability helped with North Korea
South Korean President ‘betting the farm
10 McDonald’s employees allege sexual harassment
NYSE will be run by a woman for the first time in 226-year history
Trump plays down expectations on US-China trade deal
China plays the long game with Trump
Judge sides with parents: 30-year-old-son must move out
Trump lawyers seek to limit obstruction angle of Mueller interview
Report claims Rohingya militant group massacred nearly 100 Hindus
How to find a 300-year-old shipwreck with $17 billion in treasure
Bishop whose sermon lit up royal wedding to lead White House protest
Infamous Ronaldo bust artist gets a do-over
Nine killed as Indian copper plant protest turns violent
Amazon banning shoppers for too many returns
Yes, presidents can be indicted
The curious former lives of this judoka
Bali’s top secluded beaches
AFP
Rohingya militants massacred Hindus in last year’s turmoil: Amnesty
N. Korea preps nuclear site demolition despite US summit doubts
Seminal American novelist Philip Roth dead at 85
World Cup fever causes sleepless nights for Bangladesh flagmakers
Learning to nap in New York, city that never sleeps
NFL owners considering penalty for anthem kneeling: report
Scientists discover how breast cancer hibernates: study
Australian archbishop guilty of concealing child abuse steps down
Venezuela’s Maduro expels US diplomats, rejects sanctions
Fourteen priests linked to Chile sex abuse stripped of duties
Trump administration moves to lift ban on bear baiting in Alaska
The internet: a dangerous place for wild animals
Calls mount for US university president to resign over abuse scandal
Trump says Kim summit could be delayed
Two sportscar-sized satellites in orbit to measure Earth’s water
Tariq Ramadan loses appeal for release ahead of rape trial
‘I’m sorry’, Facebook boss tells European lawmakers
BBC
First black female nominee for US governor
How to speak volcano like a pro
50 Great World Cup moments: Andres Iniesta wins World Cup for Spain – 2010
Author Philip Roth dies aged 85
Archbishop Philip Wilson to step down after sex abuse cover-up
US to ease crisis-era Dodd-Frank banking rules
Gavin Grimm trans bathroom lawsuit backed by federal judge
US to lift ban on baiting bears with doughnuts in Alaska
MH370 not deliberately crashed by pilot, say investigators
Man Booker International Prize: Olga Tokarczuk is first Polish winner
McDonald’s workers make sexual harassment complaints
What are the shrieking lynx actually doing
US student’s ‘Summa cum laude’ graduation cake censored
Swapping the Colombian battlefield for the football pitch
In pictures: Hitchhiking in the occupied West Bank
Indian man tells how he was raped as a boy
Leon Balogun: Brighton sign Nigeria international on free transfer
Senegal striker Demba Ba accepts World Cup omission
Famara Diedhiou: Bristol City striker banned for six matches for spitting
Blitz on sweet treats sees slow start
Malaria genetics: study shows how disease became deadly
AL JAZEERA
‘Enough conspiring’: Venezuela expels US envoy
Rights groups: Three more activists arrested in Saudi crackdown
Rohingya fighters ‘killed scores of Hindu villagers’
Palestinians ask ICC for probe into ‘Israeli crimes’
Philippines’ lacklustre fight in the South China Sea
Heavy casualties as blast rocks Afghan city of Kandahar
Bangladesh: Extrajudicial killing fears in drug crackdown
Putin critic quits as mayor over scrapping of elections
Facebook’s Zuckerberg grilled by EU Parliament over data scandal
Egyptian army intensifies Sinai home demolitions: HRW
BUSINESS HEADLINES:
$110M Later: New Circle Product Targets Mom And Pop Cryptocurrency Investors – Forbes
12 nightmarish facts that will make you never want to visit another water park – Business Insider
2018 TV Advertising Upfronts Are History, But Existential Questions Will Linger – Forbes
2018 World Superyacht Award Winners Attract Attention In Florence – Forbes
22.5 MVA Capacitor bank to improve power supply in Keffi, environs – Peoples Daily
3-D Printers And Robotic Arms: How One Startup Plans To Build Colonies In Space – Forbes
4 Things High-Performance Teams Must Have To Transform Their Organizations – Forbes
4 Things To Look For In A Storytelling Trainer – Forbes
43% Of Millennials Plan To Quit Their Job Within 2 Years – Forbes
5 Warm Weather Cocktails To Help You Beat The Heat This Memorial Day Weekend – Forbes
A Beauty Box With Exclusive Access Under $25 – Forbes
A Government Shutdown This Fall Is Already A Real Possibility – Forbes
A Look At Micron Technology’s Projected Growth – Forbes
A look at the life and fortune of John McCain, who has a sprawling real estate portfolio and donated $1.7 million in book sales to charity – Business Insider
Academy urges entrepreneurs to strive for success – Punch
Access Bank pledges more funds for women entrepreneurs – Punch
Actress Sarah Paulson defends her relationship with Holland Taylor ‘ who’s 32 years older than her – Business Insider
AfDB to invest $3m on agric, youth employment – Daily Times
SPORTS
15 Years Ago, LeBron Signed the Biggest Rookie Shoe Deal Ever – Bleacher Report
2018 AFL Round 10 Betting Preview: Odds, Game Trends, Week Analysis – Bleacher Report
2018 World Cup: NFF has paid $2.8m to Super Eagles, Pinnick says – Vanguard
Aaron Judge Says He Won’t Take Part in 2018 MLB Home Run Derby – Bleacher Report
ACC Baseball Tournament 2018: Tuesday Scores, Updated Bracket and Schedule – Bleacher Report
Adam Schefter: Antonio Gates an Option for Chargers After Hunter Henry Injury – Bleacher Report
Andre Iguodala Ruled out for Game 4 of Rockets vs. Warriors with Knee Injury – Bleacher Report
Argentina announce Man Utd goalkeeper Sergio Romero will miss World Cup through injury – Goal
Argentina’s 2018 World Cup squad: Who joins Aguero and Messi in Russia – Goal
Argentina’s Man Utd keeper Romero out of World Cup – BBC
Arsenal Transfer News: Jean Michael Seri Rumoured to Be on Unai Emery’s Radar – Bleacher Report
Asaba 2018 African Senior Athletics Championship: Zenith Bank emerges official sponsor – New Telegraph
Astronomical Champions League final costs ‘a tax on passion & loyalty – CNN
AthleticoEagles friendly: What the tie means to us ‘ Salisu – Nigerian Pilot
Atletico beat Nigeria 3-2 in Gotv Max Cup – Punch
ENTERTAINMENT
$16b power project ”Im ready for probe” Obasanjo dares Buhari – Linda Ikeji
$16b Power Project: Obasanjo fires insults at Buhari – Pulse
$16bn on power: Come and Probe Me, Obasanjo Replies Buhari – Information Nigeria
$16bn on power: Speak up and defend Baba, Shehu Sani to those who worked under Obasanjo – Information Nigeria
“Youre already 35, just manage a divorcee”- Shade Ladipo shows off her sexy man, recalls how the world advised her to ‘settle – Linda Ikeji
2019 Polls: APC’s re-election will be easy – Lai Mohammed – Pulse
2019: President Buhari receives his political support group in Aso Rock – Linda Ikeji
21-Year Old Afghan Rapper Sonita Alizadeh is using her Music to preach against Forced Marriages – Bellanaija
29 million people in US tuned into the royal wedding – CNN
30,000 Civil Servants Benefit From FG’s Housing Project ‘ Loans Board – Information Nigeria
Aaron Schlossberg apologizes after he went viral for threatening to call immigration officers on employees who spoke Spanish – Linda Ikeji
Abuja village where twins are killed by hanging ‘because they are evil – Information Nigeria
Adam Rippon wins ‘Dancing with The Stars: Athletes – CNN
AFRIMA 2018: Africa Union, Ghana partner for calendar unveiling – The Authority
American Idol’ crowns winner — with a twist – CNN
Any leader who cant perform should get out of office’ -Obasanjo – Linda Ikeji
Apostle Suleman Gives Football Juggler N500k After Performing Live In His Church (Photos) – Information Nigeria
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
Hardship: ‘Suspend All Policies Impoverishing Nigerians’, NASME Begs Tinubu
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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