Tuesday

Islamic State (ISWAP) moved N18B annual revenue through Nigeria's financial system under Buhari government - ECOWAS organization


CC™ Breaking News

The Inter-Governmental Action Group against Money Laundering in West Africa, established by the Economic Community of West African States, says Boko Haram splinter group, Islamic State West Africa Province, moved about N18B ($23M) generated from trading and taxing communities in the Lake Chad region through the Nigerian financial system annually, under the past Buhari administration. 

The group, set up by ECOWAS Authority of Heads of State and Government in 2000, stated that both Boko Haram and ISWAP had continued to mobilize, move and utilize funds through the nation’s formal financial and commercial system.

It noted that the Buhari administration lacked adequate insight into Boko Haram and ISWAP’s international connections and support system, and abuse of the formal financial and commercial sectors.

It said even though the Department of State Services (DSS) had significant ability to identify and investigate the financing activities of terrorist groups, while also  also conducting parallel financial and terrorism investigations, there was little evidence of the effectiveness of such efforts, under the Buhari administration.

Friday

Thomas Isidore Sankara: An African lion with an everlasting legacy.....

CC™ VideoScope

“Imperialism is a system of exploitation that occurs not only in the brutal form of those who come with guns to conquer territory. Imperialism often occurs in more subtle forms, a loan, food aid or even blackmail. We are fighting this system that allows a handful of men on Earth to rule all of humanity.”
― Thomas Sankara

Thursday

FIFA to pay Super Falcons their World Cup prize money directly

Super Falcons of Nigeria 

CC™ World Cup Minute

By Ernest Victor

The world football governing body, FIFA, has reportedly changed the payment method for the 2023 Women’s World Cup prize money for the benefit of the Super Falcons of Nigeria.

Based on this development, once a team ends its campaign at the ongoing 2023 Women’s World Cup co-hosted by Australia and New Zealand, their prize money will be paid directly into the players’ bank accounts. This is to prevent the stakeholders in the players’ country from embezzling or tampering with the players’ entitlement.

On Tuesday, August 1, 2023, a video surfaced online showing the FIFA Secretary-General, Fatma Samoura confirming this development to the Super Falcons.

Samoura said the world football governing body had to change the payment method due to the unpaid allowances the Nigeria Football Federation (NFF) is owing the Super Falcons.

She acknowledged how tough things have been for the Nigerian team and promised to monitor that all their match bonuses get to them directly.

The FIFA secretary-general said, “I know that things have been tough. We have to face the realities of Nigeria. It pains me a lot. It is because of you (the Super Falcons) that, for the first time, the prize money has been ring-fenced in the history of FIFA to ensure that it goes to you”.

This means that the $30,000 the Super Falcons earned in the group stage, and the additional $30,000 the players earned for qualifying for the 2023 Women’s World Cup round of 16 will be paid directly to each player’s bank account.

If the Nigerian team managed to scale through England in the quarter-finals on Monday, August 7, they will earn an additional $30,000 each which will take their total earnings in the tournament to $90,000 per player.

NAIJA NEWS

Wednesday

Tuesday

Rema reveals how his father’s death affected him


CC™ Afrobeats 

By Rachel Okporu Fadoju

Nigerian singer, Divine Ikubor, popularly known as Rema, has revealed that losing his dad at an early age, shaped his mindset and personality. 

Naija News reports that the ‘Calm Down’ crooner made this known while appearing on the Afrobeats podcast hosted by Shopsydoo.

According to the singer, he didn’t take life seriously until his father’s death, compelling him to realise the importance of family.

He said, “It [losing my dad] shaped me, to be honest. It shaped my mindset, my mood, you know.

“There was a point in time I was very colourful, I would say. I was funny, running around and unserious. I never took life seriously until when I lost my dad. And it just shows different sides of people. It just shows the importance of family as well.

“Yeah, as siblings we might have our fights and quarrels but you never know when you will just not see them again; the people you are closest to.

“For my dad, my dad used to call me a soldier”

In related news, Rema, recently walked out of his musical concert in Atlanta, United States.

The artiste refused to perform due to the venue’s terrible condition.

In a disappointing turn of events, the singer was captured in a video saying the concert would not go on, citing safety concerns and ‘disrespect’ for the fans and Afrobeats.

NAIJA NEWS