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  1. The executive vice chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, disclosed on Tuesday that the preferred bidder of 9mobile acquisition, Teleology Holdings Limited, has to pay the balance of $450million within the next 90 days to fully acquire the telecom company. Disclosing this while fielding questions from journalists after signing a Memorandum of Understanding (MoU) with the Central Bank of Nigeria (CBN) on payment systems in Nigeria yesterday in Abuja, Danbatta said the preferred bidder, which has already paid a deposit of $50million, has to complete the payment within the deadline to fully acquire 9mobile. Led by Adrian Wood (Former CEO of MTN Nigeria), Teleology Holdings Limited emerged as the preferred bidder in the sale of 9Mobile, ahead of about 16 companies that tendered expressions of interest (Eols) in February. Since its emergence, it has maked efforts to take over the telecom, including the payment of the $50 million nonrefundable deposit and releasing its agenda for 9Mobile. Speaking on the issue, Prof. Garba Umar Danbatta, Executive Vice Chairman of the NCC said on Tuesday that 9Mobile will be handed over to Teleology after the payment of the balance is completed within the given period of time. Danbatta said further: In the event that Teleology fails to make the payment at the expiration of the deadline, the reserved bidder will be considered, and the reserved bidder is Smile Communications.
  2. Lionel Messi is still feeling discomfort with his thigh and the club need to exercise caution to ensure he does not tear the muscle, coach Ernesto Valverde said on Friday ahead of his side’s La Liga game at Sevilla. Lionel Messi joined up with the Argentina squad after ending Barca’s 2-0 win over Athletic Bilbao with a muscle problem but did not feature in the friendlies against Italy and Spain. The Argentine could only complete half Barca’s training session on Thursday and even though the club has not issued a medical report on the injury, Valverde declined to say whether he intended to pick his talisman on Saturday. “We have to wait,” Valverde told a news conference on Friday. “We are taking care of him, just as Argentina did. He has a little discomfort and we have to bear that in mind, because if it leads to a muscular tear then the situation is far more serious.”
  3. The Nigerian National Petroleum Corporation has reiterated that there is no plan to increase the prices of petroleum products both at the ex-depot level and pump price ahead of the forthcoming Yuletide. The corporation re-emphasised this in a statement signed by its Group General Manager Group Public Affairs Division, Mr. Ndu Ughamadu, in Abuja on Monday It said that the ex-depot petrol price of N133.38 per litre and the pump price of N143/N145 per litre had not changed It noted that the corporation had enough stock of fuel to ensure seamless supply and distribution of products across the country. It enjoined motorists and other users of petroleum products to disregard trending rumours in some online news platforms of an impending fuel price hike. The corporation in the statement added that it had the full commitment of all downstream stakeholders, including petroleum marketers and industry unions, to cooperate in achieving zero fuel scarcity this season and beyond. It further enjoined motorists not to engage in panic buying or indulge in the dangerous practice of stocking petroleum products in jerry cans at home. It assured that its downstream subsidiary companies, namely the Petroleum Products Marketing Company and NNPC Retail Limited were fully geared up to ensure that motorists enjoy uninterrupted access to petrol throughout the nation
  4. Selena Gomez has finally confirmed her reunion with her first love, Justin Bieber. The actress, 25, opened up about the men in her life in an in-depth interview with Billboard, telling the magazine that she and her ex The Weeknd ended their 10 month relationship as ‘best friends.’ ‘I’m 25. I’m not 18, or 19, or 20,’ she told the magazine of reconnecting with Justin. ‘I cherish people who have really impacted my life. So maybe before, it could have been forcing something that wasn’t right. But that doesn’t mean caring for someone ever goes away. Though the pair have recently started unfollowing each other on social media – and The Weeknd even deleted every post he had that featured Selena off his Instagram account, Selena says they ended their relationship as ‘best friends. Something that I’m really proud of is that there’s such a true friendship [between me and The Weeknd]. I truly have never experienced anything like that in my life. We ended it as best friends, and it was genuinely about encouraging and caring [for each other], and that was pretty remarkable for me.

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