* FarmCrowdy facing allegations of financial impropriety | Import duty: Goods, commodities price hike looms | BBNaija 2019: Check Out Luxury SUV Innoson will reward winner with (Photos)

JUNE 27, 2019 FarmCrowdy facing allegations of financial impropriety Nigerian startup, FarmCrowdy is currently facing some controversy following all [Forward](  [Like](  [Tweet](  [Pin](  [+1](  [in](  [1st News.com](  [soji akinrinade profile]( JUNE 27, 2019 [***] FarmCrowdy facing allegations of financial impropriety [Farmcrowdy]( Nigerian startup, FarmCrowdy is currently facing some controversy following allegations that its business model is unsustainable. Founded by Onyeka Akumah in 2016, FarmCrowdy connects small scale farmers across Nigeria with access to finance crowd-sourced from individuals and corporates (with the promise of a share in the returns) via its online platform. [Read more]( [***] [Import-duty-rates-customs]( Import duty: Goods, commodities price hike looms Nigerians may be bracing for higher prices of commodities as the spiral effect of the sudden increase in import duty rates by over 6.1 per cent by the Federal Government, takes a toll on prices. This ruling has elicited lamentations from importers and manufacturers regarding the impact on their businesses. However, the new regime introduced by the Central Bank of Nigeria (CBN) may also worsen smuggling, import concealment and under declaration of goods imported into the country through the seaports, airports and land borders. [Read more]( [***] [Kachikwu-and-Buhari]( Buhari appoints new NNPC board chairman, removes Kachikwu President Muhammadu Buhari has appointed Dr Thomas John as the acting alternate chairman of the Governing Board of the Nigerian National Petroleum Corporation (NNPC). This decision essentially terminates the tenure of the former Minister of State for Petroleum Resources, Dr Ibe Kachikwu. NNPC’s Group Managing Director, Maikanti Baru, made the announcement in Abuja. [Read more]( [***] [Lagos]( Lagos, fourth most expensive city in Africa - Survey According to a survey by Mercer, Lagos is the fourth most expensive city in Africa among those a cross-section of cities surveyed. Although in comparison with other cities in the world, Lagos, Nigeria’s economic hub continues to remain attractive for foreign investments despite being one of the most expensive cities in Africa. [Read more]( [***] [traditionalist]( Video: Traditionalist burns bible, claims there is no 'power in the name of Jesus' A female Ghanaian traditionalist who has been spotted in a video that’s now going viral burning the Holy Bible. According to the lady, there is no power in the name of Jesus and the Bible is fake. The lady also reveals that she believes Marine Spirit ‘Mammy Water’ is the real creator; and went on to tell Africans to believe in their culture and stop copying others. [Read more]( [***] [action-bitters]( The Pẹlẹbẹ Challenge: How alcohol in sachet and plastic bottles endangers public health To drive sales up, most product designers advise manufacturers of consumer goods to adopt the small packaging. This is otherwise called the "on the go packaging" strategy. The adoption of this strategy by alcoholic drink manufacturers in Nigeria is one that holds grave ramifications for consumers. Everywhere you turn, alcohol in small sachets and pocket size plastic bottles are available for sale. This is a common sight; especially at passenger loading parks and bus stops. [Read more]( [***] [Gbajabiamila]( Court voids criminal charge against Gbajabiamila A High Court of the Federal Capital Territory sitting at Bwari on Wednesday, June 26 quashed the criminal charge against the Speaker of the House of Representatives, Femi Gbajabiamila. The court, in a judgement that was delivered by trial Justice Othman Musa, voided the charge that was entered against Gbajabiamila before a Grade 1 Area Court in Abuja. [Read more]( [***] [KIDS CURVED]( [***] [billionaires]( The Billionaire Series: 4 false beliefs about billionaires On the average, every year, the world’s billionaires clock in an aggregate net worth of $6.48 trillion. This is according to the Forbes Billionaires list; and the usual suspects are always topping the list – including Bill Gates, Inditex founder - Amancio Ortega, Warren Buffett. But if you look deeper into the numbers, you’ll find some surprises. Here are four things – surprising as they come - you probably didn’t know about the richest people on Earth. [Read more]( [***] [Japan x UK Prime Minister]( Japan urges next UK Prime Minister to make sure he delivers on Brexit, fears no-deal Japan’s foreign minister has pleaded with Boris Johnson and Jeremy Hunt not to lead the UK out of the EU without a deal. When one of them becomes prime minister, that is. In an unusually blunt warning, Tarō Kōno suggested Japanese companies operating in the UK would relocate to other countries in Europe in the event of a no-deal Brexit. [Read more]( [***] [heatwave]( Europe Heatwave: Heatwave sets new temperature records A heatwave affecting much of Europe (now dubbed the Europe Heatwave) is expected to intensify further. Temperatures above 40C (104F) are expected in France and Spain later today. Yesterday Germany, Poland and the Czech Republic recorded their highest-ever temperatures for June. Meteorologists say hot air drawn in from northern Africa is responsible. [Read more]( [***] [Technology]( [***] [nintendo sony microsoft rally against trumps proposed gaming tariffs ]( Nintendo, Sony, Microsoft, are fighting Trump’s proposed gaming tariffs Gaming giants have warned the US government of undue economic harm. This includes Sony, Microsoft and Nintendo.” Big names from the gaming world have joined forces to warn the Trump administration of the adverse effects of its newly proposed tariffs on goods imported from China, including a 25% tariff on games consoles. [Read more]( [***] [Apple]( Apple hires ARM's CPU lead architect in clear divorce message to Intel Rumors have been swirling for a while now that Apple is planning to move away from Intel processors for its Mac devices and instead design its own CPUs; and now we've heard that the company has hired Mike Filippo, ARM's lead CPU and system architect. Filippo’s LinkedIn profile states that he joined Apple last month. During his time at ARM, he led the development of the Cortex-A76, the Cortex-A72, and the Cortex A-57 chips. [Read more]( [***] [ITEC]( [***] [Sport]( [***] [Vieira]( Vieira among names to replace Benitez as Newcastle manager Patrick Vieira is among the names Newcastle United are considering to succeed Rafael Benitez as manager. Benitez, 59, will leave St James' Park after three years in charge when his contract expires on 30 June. Vieira, 43, has just completed his first campaign in European club management with Nice. He is happy with the French side and in no rush to move but will listen to Premier League side Newcastle if they make contact. [Read more]( [***] [Health]( [***] [hypertension]( Hypertension: Looking beyond classic risk factors A recent study examines the relationship between where people live and the risk of developing hypertension and metabolic syndrome. The authors conclude that the location and type of home could play a significant role. According to the Centers for Disease Control and Prevention (CDC), hypertension, or high blood pressure, affects almost 1 in 3 adults in the United States.[Read more]( [***] [Health]( Sitting at home or at work: Which is worse for heart health? New research has found that not all forms of sedentariness are equal when it comes to the extent to which they put heart health at risk. We already know that a sedentary lifestyle, in which a person sits down for long periods every day and gets little exercise, is bad for health in general and heart health in particular. [Read more]( [USAID]( USAID supports Nigeria's health sector with $243m The United States Agency for International Development (USAID) has announced $243 million support to Nigeria's health sector. The additional assistance is geared towards reaching its development goals. USAID said this project will assist with malaria control. It will also support maternal and child health and family planning. It is also for the eradication of tuberculosis and nutrition initiatives. [Read more]( [***] [advert banner 2]( [***] [Entertainment / Lifestyle]( [***] [bbnaija]( BBNaija 2019: Check Out Luxury SUV Innoson will reward winner with (Photos) [Read more]( [***] [RUGGEDMAN]( Video: Ruggedman wages war on Narley Marley with diss song [Watch]( [***] [Jhay-Barry]( “I own Flyboy company and I am Kizz Daniels boss” – Singer Barry Jhay tell Nigerians (Video) [Read more]( [***] [Jessica Kakkad]( Jessica Kakkad: Estranged wife of Nollywood actor reveals how she is faring after divorce [Read more]( [***] [Mad-man-x-Corper]( Youth Corper shares her personal experience with a mad man [Read more]( [***] [Reasons why guys really do love romance]( Reasons why guys really do love romance [Read more]( [***] [wine]( Why wine is drink of romance [Read more]( [***] [Rain]( Dressing for the showers [Read more]( [***] [1st News]( [Facebook]( [Instagram]( [Twitter](  ©2019 1st News | Gbagada, Lagos [Web Version](  [Preferences](  [Forward](  [Unsubscribe](   [Powered by Mad Mimi®A GoDaddy® company]()