Finance & Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT HEADLINES FOR TODAY FRI. 1 JUNE 2018
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Tracking Times – Headlines
LOCAL HEADLINES:
SAHARA REPORTERS
Public/Private Facilities Shut Down In Many Parts Of South-East As ‘Biafra Day’ Is Celebrated
’22’ Arrested In Enugu For Trying To Hoist Biafran Flag At State House
Naira Defender CBN Pumps $210m Into Forex Market
Melaye: Buhari Has Assaulted My Person… His Body Language Demeans The National Assembly
VIDEO: ‘No Man On Earth Lives On Monthly Salary’ ‘ Okorocha Justifies Why Politicians ‘Must Steal
Nnimmo Bassey, A Poet On The Run By Patrick B. Naagbanton
BREAKING: You May Be President But Only After 2019, Buhari Jokes With Youth As He Signs ‘Not Too Young To Run Bill’ Into Law
Fayemi Picks 74-Year-Old As Running Mate ‘ ‘After A Long Search
EFCC Witness Details How Ladoja ‘Stole’ Oyo State’s Shares As Part Of N4.7bn Fraud
Nigeria On The Brink Of War By Emmanuel Ugwu
Customs CG Can’t Be Campaigning For You’ ‘ Melaye Hits Buhari On ReturnTo Senate
VANGUARD
IPOB expresses satisfaction with response to sit-at-home
Ooni canvasses support for Buhari
Why insecurity heightens in Nigeria ‘NSA Monguno
MAN’s ‘drive alcohol-free’ campaign
Wike’ll get overwhelming votes for 2nd term ‘ Akpabio
Kwara govt spends N8bn on water projects
Why Melaye asked Buhari to apologise to NASS over statement
Joining APC’ll not save you, Presidency taunts corrupt politicians
Mikel attributes Eagles’ rise to Rohr’s disciplinary measures
Amaechi and Abe: New Vista for Rivers APC
Okorocha in Imo: Survival moves
THE NATION
Stage Sets for Finals of Hi-LIfe Igbo Music Contest in Enugu
Ghosts, ghosts everywhere
What Buhari could learn from Jos Mujica
Buhari to youths: resume your campaign after 2019
Nigerias export grows by 60 per cent
Alleged N700m fraud: Ex-Governor Yero, others charged
PUNCH Chairman Aboderin dies after heart surgery
Egbeyemi is Fayemis running mate
Adelabu resigns as CBN deputy governor
Champion Zidane bids Madrid shocking farewell
Minister decries oppositions disdainful of truth
Ijaw, Itsekiri youths pledge to protect Escravos-Warri dredging
Jaiz fetes monarchs, Imams, others in Ondo
When will peace return to Oyo APC
PDP to Buhari: Not too young to run is our initiative
PUNCH
US priest abuse victims reach $210m settlement
Koreas hold high-level talks ahead of Trump-Kim summit
National Library to promote reading culture
Pupils tackle corruption through drama presentation
FIFA lifts suspension on Guatemala
Court recognises Ladiran as late Akintolas son
Buhari, Saraki, govs, others mourn Wale Aboderin
Melaye tackles Buhari as Saraki faults politicking by Customs boss
2019: EFCC asks banks for corrupt customers list
Buhari to youths: Dont contest presidency till after 2019
Health workers slam FG, suspend 43-day strike
Inspiring stories as Up Chair! takes a bow
UNILAG to investigate alleged sexual harasment claim
Killings: Senate grills NSA, okays increased security funding
Firm partners Lagos govt to end malaria
Adelabu retires as CBN deputy gov
No going back on civil service reforms Dickson
Herdsmen attacks: Are calls for international intervention justified
LEADERSHIP
PMB Calls For Sustained Sub-regional Security Operations
Reps Probe Implementation Of $22bn Brass LNG Project
NSA Appears Before Senate Over Killings
Workers Kick As Obaseki Sacks Entire Staff of State Owned Institution
CBN Explains 2016 Grain Mop-up Programme
APC National Chairmanship Not Foreclosed ‘ Gov Ajimobi
N700m Fraud: Kaduna Ex-gov, Yero, 3 Others Remanded In Prison
Gunmen Kill 4, Abduct 4 Church Leaders In A’Ibom Community
Jega’s Bribery Allegation Embarrassing ‘ Saraki
Jega Enjoins PMB To Tackle Bribery In NASS
Prince’s Vacation Retreat In Turks & Caicos Up For Sale
I Go Die To Build Healthcare Centre
People Should Stop Begging On Social Media
WORLD HEADLINES:
CNN
Trump trade policies threaten 2.6 million US jobs, group says
Trudeau: No sign of US common sense prevailing
New tariffs could increase price of US beer
It’s true: Teens are ditching Facebook
Roseanne says she ‘begged’ ABC to save her show
US warns it can ‘blow apart’ China’s islands in South China Sea
Trump’s snap decision on North Korea created a mess
Justin Trudeau says retaliation against the US is necessary
Pope sends abuse investigators back to Chile, ‘ashamed’ church didn’t listen
UN reaches deal with Myanmar to repatriate Rohingya refugees
Samsonite CEO resigns after claims about educational background
These Chinese buildings are coming to a city near you
The connections between Trump and those he’s pardoned
Serena Williams pulls off big comeback at French Open
Jury awards family $4 in police killing
Tom Cruise sparks ‘Top Gun’ feud between US Air Force, Navy
Former Gambian leader sued over fraudulent AIDS cure
Nigeria lowers minimum age for election candidates
Analyst: West may be too late to stop Beijing in S China Sea
Shooting lava covers community
Comedian Sam Bee sorry for Ivanka insult
BBC
Arkady Babchenko: Suspect remanded in reporter’s hoax death case
Mariano Rajoy: Why it could soon be over for Spain’s PM
Cannabis and sport: NFL’s Mike James asks for permission to use cannabis
I thought drug testers wanted money for tea or fuel
Trade tariffs: Chorus of condemnation intensifies
Italy government: Giuseppe Conte to head populist coalition
Tamaulipas crisis: Mexico seeks talks over ‘silenced zone
Police bodycam released after New Jersey beach punch video
World Cup 2018: Russian grannies waiting for ‘magnetic Messi
Drake vs Pusha T: Has he just pushed it too far
Questions Muslims get asked during Ramadan
The Iranian librarian who escaped war through cosplay
Samantha Bee insults Ivanka Trump with obscene phrase
Sultan of Yogyakarta: A feminist revolution in an ancient kingdom
I woke up and didn’t recognise my wife
Man City set to sign Algeria’s Mahrez
Planting a forest on the Aral’s dried-out seabed
Rise in ‘preventable’ emergency readmissions to hospital
Does the media have a problem with coverage of mass shootings
Bereaved parents ‘let down at work by lack of support
Educate children to tackle ethnic minority donor crisis, MPs say
AL JAZEERA
‘This is a bad day for world trade’
NYT plans to return thousands of ISIL files to Iraq
Spanish PM faces defeat in no-confidence vote
Trump: US-North Korea talks in New York ‘very positive’
Russian Foreign Minister Sergey Lavrov meets Kim Jong-un
Match-fixer pictured metres away from international players
US hits Iran’s Evin prison with new sanctions
Denmark passes law banning face veil in public spaces
Ramadan brings no respite to Yemenis living under siege
Israel approves more than 2,000 settlement units in West Bank
BUSINESS HEADLINES:
$500 AR Smart Glasses Improve Athletes’ Workouts With Virtual Display And Voice Activation – Forbes
10 Signs You Aren’t As Clear As You Think You Are – Forbes
14-year-old Karthik Nemmani of McKinney, Texas, wins Scripps National Spelling Bee – Business Insider
15 great words that will make you sound smarter – Business Insider
17 of the best state fairs in the US, ranked – Business Insider
2018 BMW M5 Demonstrates Enduring Appeal Of A Powerful V8 – Forbes
2018 Farming Season: Gwagwalada Area Council To Distribute 70MT Fertilizer To Farmers – Daily Independent
21 funny but useful Father’s Day gifts that’ll give your dad a good laugh – Business Insider
3 Reasons Microsoft Will Hit $1T Market Cap 3 Years Before Alphabet – Forbes
3 Steps Insurers Should Take Toward Hyper-Accurate Location Data — And Why It Matters – Forbes
3 Ways To Get Unstuck At Work – Forbes
30 Park Place Unveils Penthouse 82, New York City’s Tallest Sky Perch – Forbes
4 Ways Brands Can Get More Amazon Product Reviews — Without Breaking The Rules – Forbes
45 Motivational Quotes For Every Millennial Still Trying To Figure Life Out – Forbes
5 Dividend Growth Stocks With Upside To Analyst Targets – Forbes
5 Hacks To Get Better Sleep And Better Performance At Work – Forbes
5 of the best airlines for accessible travel – Business Insider
5 Reasons Why LeBron Is The Greatest of All Time – Forbes
SPORTS
13 teams for Keshi U-17 Football Tournament – Daily Trust
13 teams register for Stephen Keshi U17 football tournament – Peoples Daily
2018 FIFA World 018 FIFA World Cup special: up special: Mikel Obi ikel Obi leads 25 eads 25 Eagles to agles to London – Blueprint
Aaron Jones Surprised to Hear Act of Kindness in Airport Went Viral – Bleacher Report
Abramovich becomes Israels wealthiest citizen – Punch
Adam Silver Says NBA and NFL’s National Anthem Situation Is ‘Far Different – Bleacher Report
Adam Silver Says Sterling Brown’s Incident with Milwaukee Police Was ‘Horrific – Bleacher Report
Adam Silver: Facts Must Be Determined for Bryan Colangelo’s Burner Accounts – Bleacher Report
Amusan Claims Third Place On Diamond League Debut – Complete Sports
Asaba 2018: Stephen Keshi Stadium for test-run July 18 – Vanguard
Auburn Star Mustapha Heron Announces He Will Transfer to St. John’s – Bleacher Report
Autopsy: Rasual Butler Had Multiple Substances in System at Time of Fatal Crash – Bleacher Report
Baker produces fastest 100m of the year in Rome – BBC
Balotelli could be named Italy captain despite ‘ugly’ fan banner, Mancini confirms – Goal
Balotelli could be named Italy captain despite ‘ugly’ fan banner, Mancini confirms – Goal
Barcelona told to fork out 190m for Tottenham star – Daily Trust
Bolt trains with Norwegian top-flight side – Blueprint
BREAKING: Arsenal’s star signing to have medical this week – Daily Trust

Tracking Times – Entertainment
ENTERTAINMENT
#BBNaija’s Miracle celebrates his girlfriend, as she turns 22 today – Nigerian Pilot
#BBNaija: Alex Writes Emotional Birthday Message To Nina – Information Nigeria
“I abandoned my entire family only to be cheated on” – SA rapper AKA Tweets – Linda Ikeji
“If i die today the world knows who is responsible for my death”- Blogger and former SA to Governor Dickson cries out – Linda Ikeji
2019 Election: Reps kick against use of electronic voting – Pulse
2019: My CCT Trial Was Politically Motivated ‘ Senate President – Information Nigeria
22 year old Lady says she feels great loosing her virginity to a man who is 41 years older than her – Information Nigeria
A new ‘Super Smash Bros.’ game is coming out this year ‘ here’s everything you should know about the biggest Nintendo game of 2018 – Business Insider
Actress Tonto Dikeh visits Prison inmates with some items in Suleja – Nigerian Pilot
Afro-Caribbean star, Miss-K, returns to the spotlight – New Telegraph
Akinwunmi Ambode: LASU Land: Governor reduces cost to trespassers by 67% – Pulse
Alex Ndace: An Exploration of Sounds and Diversified Genres’ A Review of DJ Neptune’s ‘Greatness’ Album – Bellanaija
All Politicians Without A 2nd Office, Must Steal’ ‘ Okorocha – Information Nigeria
APC Suspends House Minority Leader As Crisis Within The Party Continues – Information Nigeria
Ariana Grande confirms her relationship with Pete Davidson, shares loved-up photo – Linda Ikeji
Armed robbers allegedly snatch N9m local government workers April salary in Kebbi – Linda Ikeji
Armed robbers stripped and beaten mercilessly in Rivers (Photos) – Linda Ikeji
Arrest My Violent Husband So I Can Live In Peace ‘ Woman Cries Out Over Domestic Violence – 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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