Finance & Business
LOCAL AND WORLD NEWS PAPERS FOR TODAY TUE. 10 JULY 2018

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Tracking Times – Headlines
LOCAL NEWS
VANGUARD
Pro-Biafra groups move to unite Igbo leaders on secession
Peace, stepping stone to rapid devt ‘Ugwuanyi
APC crisis regrettable’Udeogaranya
Coalition MoU signals end of negative change in Nigeria ‘ Atiku
THE SUN
ADF, pro-Biafra groups unite against insecurity
We’ll continue to support initiatives to boost Agric sector ‘ Ortom
10 rice milling plants ready in 18 months, says FG
Soldiers kill 15 Boko Haram terrorists in Borno, recover arms
Shell moves to tackle food, water, energy challenges in Niger Delta
GIST LOVER
Why Catholic Priest Disguise As A Beggar To Test His Congregation [Photos/Video]
2face’s Babymama Sunmbo Adeoye And Husband Welcome Their First Child
I Will Make Sure I Disgrace Buhari When He Comes To Ekiti ‘ Fayose
EXPOSED! How Minister of Finance, Kemi Adeosun Forged Her NYSC Certificate [Details]
DAILY TIMES
Beware of Fraudsters, Army cautions Nigerians over Recruitment
APPA urges support for CPC to protect e-consumers
DAILY TRUST
UniAbuja hospitals resident doctors task FG on security
Ladela graduates sponsor 10 HIV/AIDS vulnerable students
FCT education board to address classrooms shortage in schools
WORLD NEWS
10 Cheap Stocks To Buy Now – Forbes
10 things in tech you need to know today –Business Insider
10 things you need to know in markets today– Business Insider
11 Ways AI Can Revolutionize Human Resources – Forbes
13 Ways To Keep Your Communications Team Motivated During The Summer – Forbes
15 Surprising Real Estate Trends Impacting 2018 – Forbes
3 Cheap FTSE 100 Dividend Stocks I’d Buy Right Now – Forbes
3 Secrets to Building A Strong Personal Brand – Forbes
3 Ways To Respond To People Who Ask For Free Services – Forbes
4 Strategies Every Company Needs To Implement For Both Employee And Customer Experience – Forbes
CNN
Justice choice was scripted end to Trump’s reality show
Baby survives 9 hours buried in mountains
Starbucks is removing plastic straws from stores
Widow of Nobel Peace Prize laureate Liu Xiaobo leaves China
Theresa May attempts to salvage Brexit strategy amid attacks from all sides
Up to 70 people dead after Quebec heat wave
Samoa orders inquiry after two babies die following MMR vaccination
Still no power for about 1,900 after heat wave hits Los Angeles
Trump nominates Brett Kavanaugh, a conservative who could shape court for decades
With eye on China, New Zealand buys US anti-submarine jets
91-year-old beaten with brick, told ‘go back to your country
BBC
World’s ‘oldest coloured molecules’ are bright pink
World Cup: Which fans made the journey to Russia
This is a historic moment’ – LeBron James officially joins Lakers
Casey Stoney: Man Utd ‘can change the face of women’s football
Dissident Liu Xiaobo’s widow ‘allowed to leave China
Salisbury poisoning: What is Novichok
EU ivory sales a ‘cover for poaching
A fierce competitor and a nice guy – how Southgate has wooed the nation
Brett Kavanaugh picked for Supreme Court by President Trump
Japan floods: 126 killed after torrential rain and landslides
Cave rescue: Divers ready to save remaining five Thais
Nicaragua unrest: Bishop’s anger as people die in clashes
Krill companies stop Antarctic fishing
BUSINESS NEWS
10 Cheap Stocks To Buy Now – Forbes
11 Ways AI Can Revolutionize Human Resources – Forbes
13 Ways To Keep Your Communications Team Motivated During The Summer – Forbes
13m Nigerians Now Rice Farmers ‘ Ogbeh –Leadership
15 Surprising Real Estate Trends Impacting 2018 – Forbes
3 Cheap FTSE 100 Dividend Stocks I’d Buy Right Now – Forbes
3 Secrets to Building A Strong Personal Brand – Forbes
3 Ways To Respond To People Who Ask For Free Services – Forbes
38, 051 IDPs taking refuge in 31 Camps in Plateau, says SEMA – BusinessDay
4 Strategies Every Company Needs To Implement For Both Employee And Customer Experience – Forbes
SPORTS NEWS
2019 AFCON Qualifiers: Super Eagles ready for Seychelles, Libya – The Sun
75 volleyballers set for national trials – Punch
76ers Owner Josh Harris Says LeBron James ‘Considered Us Very Strongly – Bleacher Report
A fierce competitor and a nice guy – how Southgate has wooed the nation – BBC
A friendly derby with a ‘bizarre’ subplot – your guide to France v Belgium – BBC
African Athletics Championship Delta gets CAA pass mark – Vanguard
Akanji wears Eagles jersey amidst dual nationality protests – Punch
Anambra Commissioner Lauds Sports Investor – Daily Independent
Antonio Conte will stay at Chelsea for 2018/19 season – Daily Trust
Argentine Pope consoles Brazil after World Cup exit – New Telegraph

Tracking Times – Entertainment
ENTERTAINMENT NEWS
“Orange is the New Black”: Inmates relocate to maximum security prison in season 6 trailer [Watch] – Pulse
20 More Nigerians Win Millions In Week 3 Of Star Lager United We Shine Promo – NET
2019 Election: Atiku Abubakar reacts to coalition against Buhari – Pulse
22-year-old man films himself raping 13-year-old girl, gets 16 years jail sentence –Information Nigeria
4 More Boys Rescued from Thai Cave – Bellanaija
A major Thanos community just started banning hundreds of thousands of people at random, one by one ‘ and they love it – Business Insider
Actor Simon Pegg opens up about battle with alcoholism – CNN
Ant-Man and the Wasp’ breaks Marvel’s villain win streak with disappointing antagonists – Business Insider
Ant-Man and the Wasp’ marks Marvel’s 20th straight No. 1 opening – CNN
Apartment Finders: 5 things to note when you are looking for your first apartment in Lagos – Pulse
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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