Finance & Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT FOR TODAY WED. 11 JULY 2018

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Tracking Times – headlines
LOCAL NEWS
VANGUARD
Leadership failure, cause of killings in Nigeria ‘Tambuwal
My position on cattle ranches ‘ Oluwo
Call herders to order, S-West hunters tell Fulani leadership
Farmer contends against Ugwuanyi for 2019 gov poll
NASS battles FG to release 33% pension arrears ‘House c’ttee
Abuja killings: Reps summon FCT CP
Most states breaching pension law, says Takor
Ortom/Akume rift: Security personnel cordon off Benue Assembly
THE SUN
Cows everywhere: How herdsmen defied security, invaded National Assembly
Digital’ armed robbers invade FCT
2019: INEC worried over 17m uncollected PVCs
NFF crisis: Court adjourns case till September
Galatasaray confirms Onyekuru deal
Brian Idowu joins Locomotiv Moscow
GOtv Boxing Night returns to Ibadan with Joe Boy, Fijabi
Egypt plans bid to host 2030 World Cup
THE AUTHORITY
Senate to tackle Buhari over IPOB, Dasuki, El-Zakzaky
50 killed in Adamawa, Taraba attacks
Picketing: Telecoms operators advise MTN to shutdown network
Atiku extols Thai govt on rescue of 12 teenage
Obasanjo endorses more women in politics
Third Mainland Bridge to be closed for repairs
THE NATION
APC, 20 others join forces to tackle anti-Buhari coalition
Ekiti must grow beyond stomach infrastructure, says Buhari
Ex-Ondo Dep. governors girl: I reported suspect to police, says dad
Alas,APCs illegitimate kids come of age
APC wont waiver over PDP coalition
PDPs coalition isact of opportunism, says Balarabe Musa
We are taking measures against killings, says Buhari
DAILY TRUST
Buhari leads Fayemis campaign ahead of election
Fayose loses key allies to APC
Bukar Abba knocks money politics in new book
Group endorses Kwankwaso for president
Obasanjo wants 40 percent slots for women in politics
Atiku blasts Buhari, says his government most corrupt since 1999
Ekiti Election: NSCDC deploys 19,997 personnel, sniffer dogs
Sandy-loamy soil, good for snail farming
GUARDIAN
Trade war: US takes aim at $200 bn in Chinese goods
Stock market index depreciates by 0.6 per cent
New Rotary District Governor sees end to polio in Nigeria
Police dock passenger for robbing Uber driver of his car
Again, FAAC meeting ends in stalemate
FG orders mandatory certification of haulage vehicles
National Assembly transmits PIG Bill to Buhari for assent
Tired women with common womb disorder are more than twice as likely to be infertile
Why supply of potable water is poor, by COREN
DAILY TIMES
My Guber ambition approved by God Tony Nwulu
Insecurity: Varsity students call for protection
2019: Atiku inspects Umahis projects in Ebonyi
Reps probe NNPC remittances to federation account
NASS committee recommends suspension, prosecution of Senator Omo-Agege over Mace Theft
Third Mainland Bridge to be closed for repairs
El-Zakzakys trial: Police ban processions in Kaduna
CUPP: An amalgamation of failed, frustrated politicians Olulade
Allegation of rigging: Fayose is afraid of his shadows, says Fayemi
WORLD NEWS
12 people share the weirdest reason they broke up with someone – Business Insider
16 hidden costs of moving – Business Insider
16 signs you’re underpaid ‘ and what to do about it – Business Insider
176 dead in Japan floods as rescue operations continue – CNN
23 creative ways states are keeping women from getting abortions in the US ‘ that could erode Roe v. Wade without repealing it – Business Insider
3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia And Facebook – Forbes
3 Ways To Focus On Your Work Without Interruption — Backed By Science – Forbes
4 Ways Successful People Use Their Name To Gain Respect – Forbes
4 Ways To Get Your Network Contacts To Follow Through – Forbes
5 overlooked deals you really don’t want to miss out on during Prime Day ‘ but probably have in previous years – Business Insider
CNN
NATO leaders hope to ‘avert disaster’ as Trump visits Europe
Can the West withstand the Trump presidency
How Thailand became the ‘Detroit of Asia
China stocks slump as US steps up trade war
Microsoft unveils Surface Go to take on iPad
US readies another $200 billion of China tariffs
NATO leaders hope to ‘avert disaster’ as Trump travels to Europe
All 12 boys and soccer coach freed from Thailand cave
Kim Jong Un snubbed top US diplomat, source says
176 dead in Japan floods as rescue operations continue
Trump pardons ranchers whose case sparked takeover of Oregon refuge
BBC
Cave rescue: ‘Hope became reality’ says Navy Seal chief
Thailand cave rescue: ‘Tiny bit of hope became reality
Unicorns, ice cream vans and Lineker in a mankini’ England eye place in World Cup final
US fires next shot in China trade war
Qin Yongmin: Prominent Chinese dissident jailed for 13 years
Cave rescue: Elation as Thai boys and coach freed by divers
German neo-Nazi murder trial reaches climax
Latino picnicker harassed in Illinois park as cop stands by
US cannot reunite dozens of child migrants with their parents
American celebrating wedding anniversary killed in Mexico City
Emerging sex disease MG ‘could become next superbug
How the Thai cave boys were rescued
World Cup 2018: France football victory ends in tear gas
AL JAZEERA
Kavanaugh appointment ‘to reverse civil right gains’, groups warn
Suicide blast kills ANP candidate, supporters at election rally
Nigeria: Opposition mounts against Buhari’s re-election bid
France beat Belgium to reach World Cup 2018 final
Will the US Senate vote for Trump’s Supreme Court nominee
NATO summit 2018: All you need to know
NATO summit: Has Trump shifted US alliance in Europe
Israel closure of vital Gaza commercial border takes effect
When the arena of play blurs with the arena of politics
Trump pardons ranchers whose case led to 41-day standoff with FBI
UK: Disputes over Brexit strategy lead to more resignations
Cristiano Ronaldo leaves Real Madrid to join Juventus
BUSINESS NEWS
12 people share the weirdest reason they broke up with someone – Business Insider
16 hidden costs of moving – Business Insider
20 foreign investors, consultants ‘understudy opportunities in Nigeria’s auto sector – BusinessDay
3 Stocks You Should Buy In The Next Downturn: Tesla, Nvidia And Facebook – Forbes
3 Ways To Focus On Your Work Without Interruption — Backed By Science – Forbes
4 Ways Successful People Use Their Name To Gain Respect – Forbes
4 Ways To Get Your Network Contacts To Follow Through – Forbes
42% of local shipping firms jobless for 3 years – New Telegraph
5 overlooked deals you really don’t want to miss out on during Prime Day ‘ but probably have in previous years – Business Insider
8 Ways You’re Destroying Your Personal Brand Without Even Knowing It – Entrepreneur
SPORTS NEWS
12 Thai boys, coach rescued from cave – Punch
Abuja Ovals to be ready before National Sports Festival – Daily Trust
AC Milan Ownership Control Ceded to Elliott Advisors Limited – Bleacher Report
Adam Silver Says NBA Free Agency Will Be Moved to Earlier Time Next Summer – Bleacher Report
Adam Silver: Personal View Is NBA Is Ready to Allow Players to Enter Draft at 18 – Bleacher Report
AFN cancels sporting event after protest by ‘maltreated’ athletes – Blueprint
African All Stars Transfer News & Rumours: Riyad Mahrez completes Man City switch – Goal
African All Stars Transfer News & Rumours: Riyad Mahrez completes Man City switch – Goal
Aigbogun unveils 18-man squad against Mauritania – Nigerian Pilot
Amaju’s NFF denies corruption allegations – The Sun

Tracking Times – Entertainment
ENTERTAINMENT NEWS
#BBNaija Winner Miracle meets with President of Sierra Leone – Bellanaija
#WorldCup 2018: France secures spot at Final with 1 ‘ 0 Win over Belgium – Bellanaija
26 year old womansteals a 3-week-old baby in Osun state after years of barrenness – Linda Ikeji
45-year-old unemployed Nigerian man detained in Cambodia for public disturbance – Linda Ikeji
A new documentary chronicles the lives of triplets separated at birth in a controversial study ‘ here’s how scientists continue to use twins in research – Business Insider
Alex Iwobi joins the #InMyFeelingsChallenge and it’s hilarious (Video) – Linda Ikeji
All 20 Marvel Cinematic Universe movies, ranked from worst to best – Business Insider
Atiku Abubakar: Former VP says a lot of Nigerians are suffering under Buhari – Pulse
Beyonc is releasing a Capsule Collection with Balmain for Charity! – Bellanaija
Brits try to boost Green Day’s “American Idiot” to top of UK charts ahead of Trump visit – CNN
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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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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