Finance & Business
LOCAL AND WORLD NEWS, BUSINESS, SPORTS AND ENTERTAINMENT FOR TODAY MON. 16 JULY 2018

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Tracking Times – Headlines
LOCAL NEWS
THE SUN
Igbo want Biafra, IPOB tells former vice president Atiku Abubakar
Caretaker committee illegal, says AD youth forum
Jubilation, protest as APC wins Ekiti election
Ekiti poll: Govs congratulate Fayemi, commend INEC, media, others
VANGUARD
Emefiele, Lalong, Amaechi, others for Blueprint awards tomorrow
2 pipeline guards murdered, buried in shallow graves
Ekiti election worst political robbery in Nigeria ‘ Wike
2019: Atiku promises to end pro-Biafra agitations
THISDAY
Oando: London Arbitration Court Orders Tinubu’s Firms to Pay Volpi $680m
Federation Account: Stakeholders Move to Stop NNPC from Collecting, Remitting Oil Royalty
Nigeria, Netherlands’ Trade Volume Hits N1.2tn, Says Envoy
Boko Haram Ambush: 23 Soldiers, Eight Trucks Missing
NIGERIAN PILOT
THE DESECRATION OF THE CALIPHATE
EKITI RESULT : PDP says, It’s daylight robbery, brazen subversion of will of the people
Herdsmen: Igbo group says August 31st quit notice’s sacrosanct
SAHARA REPORTERS
No More Immunity’ ‘ EFCC Ready To Go After Fayose Over ‘N1.3bn Fraud
BREAKING: PDP Rejects Ekiti Election Result, Says APC Relied On Guns And Billions
From Defeat In 2014 To Victory In 2018, How Fayemi Kept His Eyes On The Prize
I’ll Restore the Ekiti Man’s Respect For Leaders’ ‘ Has Fayemi Had A Sly Dig At Fayose
TRIBUNE
Let’s go back to parliamentary government
IMF blames limited bank lending for low activity in non-oil sectors
Conoil assures shareholders of competitive returns on investments
DAILY INDEPENDENT
Another Nigerian Shot Dead In South Africa
23 Soldiers, Eight Trucks Missing In Borno After Boko Haram Ambush
2019: Chris Okotie Returns To Presidential Race
Oando: London Court Orders Wale Tinubu To Pay $680m To Volpi
THE HERALD
Buhari Not At Fault for Killings- Muslim Group
Mbappe Receives Threat from Pele, Makes Announcement On His Future
The Bizarre World Cup Superstition That Might Have Won France The World Cup
NEW TELEGRAPH
From Buhari to Adeosun: The ethical question
How to tell your fianc you are no longer a virgin
CORA/Arterial Nigeria, law firm partner on Enterprise Support Programme
THE AUTHORITY
GIST LOVER
Photos Of Young Nigerian Man As He Proposes To His Older Oyinbo Lover [Photos]
Tears Flows Freely As Car Plunges Into River On Lagos-Benin Expressway, Many Feared Dead [Photos]
Pastor Okotie Declares Intention to Run For 2019 Presidency during Church Service
France Are World Champions, Beat Croatia In Six-Goal Thriller
DAILY TIMES
Nigeria urges Dutch Embassy to resume issuance of Schengen Visas in Abuja
Army offers free medical treatment to 1,830 persons in Sokoto
DAILY TRUST
PDP will challenge election in court
Buhari group clarifies Sheriffs appointment as DG
WORLD NEWS
11 times Donald Trump praised Vladimir Putin – CNN
19-year-old soccer star Kylian Mbapp just helped win France the World Cup ‘ here’s what you need to know about him – Business Insider
23 amazing ancient cities – CNN
5 big differences between Navy and Air Force fighter pilots – Business Insider
8 endangered black rhinos die after relocation in Kenya – CNN
9 countries that are relatively easy for Americans to move to – Business Insider
9 money-saving tips and hacks for shopping on Amazon Prime Day – Business Insider
A list of ten things that billionaire owners of EV, clean energy and rocket companies should and should not tweet – Techcrunch
Algeria Deports 400 Migrants To Niger – Daily Independent
Amnesty says Cameroon soldiers executed women, young girl and a baby – CNN
BBC
Trump-Putin summit: US leader cautious ahead of Helsinki talks
Iran nuclear deal: US rejects EU plea for sanctions exemption
Italy allows migrants to land in Sicily
Nicaragua troops raid towns in south
China’s second quarter growth meets expectations at 6.7%
World Cup final: France’s triumph and Croatia’s tears
Syria war: Rebels’ underground tunnel network in Douma
Thai cave rescue: Classmates’ paper cranes of hope for Adul
Mumbai slum gets colourful makeover
Trump-Putin summit: Why is it a big deal
South Africa’s Diepsloot township: ‘My neighbour is a rapist
Will South Africa’s Jacob Zuma come back to haunt Cyril Ramaphosa
The Cardiff woman who is allergic to water
CNN
Harry and Meghan receive surprise gift
Taiwan by bike: Around the island in 12 days
11 times Donald Trump praised Vladimir Putin
Will Uber’s CEO still be able to save the brand’s image
Uber now monitors its drivers for criminal offenses in real time
Justin Bieber and Katy Perry: The users hit hardest by Twitter’s follower purge
It will be the most surreal US-Russia summit in history
Report: Trump enraged by Putin’s video showing missiles striking Florida
Elon Musk calls cave rescue diver a ‘pedo
US, North Korea to restart joint searches for soldiers’ remains, Pompeo says
Massive iceberg threatens tiny village
Prince Louis’ christening photos show grinning Prince George
From Pharaohs to Beyonce: Why do we still love leopard print
AL JAZEERA
Trump, Putin set to meet in shadow of US election hack charges
What should we expect from the Trump-Putin summit in Helsinki
Fans in Paris, Zagreb revel in thrilling World Cup final
Pakistan: Death toll rises to 149 in Mastung attack
Like twins’: Gaza mourns teenage boys killed in Israeli air raid
UN: All-out war narrowly avoided after Israel-Hamas ceasefire
France beat Croatia to win World Cup 2018
Donald Trump calls European Union a ‘foe
Israel demands end to flaming kites amid reports of ceasefire
Syria: Government troops widen offensive near Quneitra
Trade expected to dominate EU-China summit agenda
Suicide bomb blast near Afghan ministry kills civilians
BUSINESS NEWS
11Plc shareholders get 800k dividend – Vanguard
19-year-old soccer star Kylian Mbapp just helped win France the World Cup ‘ here’s what you need to know about him – Business Insider
2018 World Cup: Modric, Mbappe, Kane, Courtois win FIFA Golden Ball Awards –BusinessDay
5 big differences between Navy and Air Force fighter pilots – Business Insider
9 countries that are relatively easy for Americans to move to – Business Insider
9 money-saving tips and hacks for shopping on Amazon Prime Day – Business Insider
Access Bank wins sustainable finance award– The Nation
ACFTA: Nigerians demand free, fair deal ‘Buhari – Tribune
Afreximbank proving Africa can do something meaningful President – Daily Times
AMCON seizes Sigma Apartments over N1bn indebtedness – Vanguard
SPORTS NEWS
2018 Home Run Derby Odds: Nationals’ Bryce Harper Leading the Betting Lines – Bleacher Report
2018 World Cup: Modric, Mbappe, Kane, Courtois win FIFA Golden Ball Awards –BusinessDay
A biblical rainstorm & men in suits obscuring the crucial moment – the bizarre end to the World Cup – BBC
Africa U20 qualifiers: Nigeria will prepare well for Mauritania ‘ Paul Aigbogun – Goal
Africa’s first World Cup title’but in French colours’ – Oliseh sends hilarious congratulatory message to France – Goal
Africa’s first World Cup title’but in French colours’ – Oliseh sends hilarious congratulatory message to France – Goal
AJ Styles Beats Rusev with Phenomenal Forearm to Retain Title at Extreme Rules –Bleacher Report
Alexa Bliss Beats Nia Jax, Avoids Ronda Rousey Attack at WWE Extreme Rules 2018 –Bleacher Report
Argentina FA part ways with Sampaoli – Kickoff

Tracking Times – Entertainment
ENTERTAINMENT NEWS
2019 Election: Adopt me as your consensus presidential candidate – Chris Okotie tells APC, PDP – Pulse
71-year-old Swedish ex-wife of Ugandan singer Guvnor Ace gets engaged to her 19-year-old lover – Linda Ikeji
Actress Omotola’s last child, Michael, graduates from sceondary school(photos) –Information Nigeria
Actress Tonto Dikeh changes name to ‘King Tonto – New Telegraph
Ali Baba celebrates daughter named best Igbo student despite Urhobo background – New Telegraph
Another Nigerian reportedly shot dead in South Africa – Information Nigeria
APC is taking us back to the days of Obasanjo’ – Angry man says as he destroys his PVC after Ekiti Elections – Linda Ikeji
Argentina sacks coach, Jorge Sampaoli after poor performance at the World Cup – Linda Ikeji
Bodex group boss, Florence Hungbo loses father – New Telegraph
Bovi Teams Up With Steve Egboro for Unforgettable Night in Atlanta – Daily Times
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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