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The soccer world is mourning a rising star.
FC Cincinnati midfielder Marco Angulo died on Nov. 11 as a result of injuries he suffered during a car crash in Ecuador last month, the soccer team confirmed. He was 22.
“We are deeply saddened by the loss of Marco,” FC Cincinnati shared to Instagram Nov. 12, “a husband and father, a brother and son, a friend and teammate. He was a joyful, kind young man who lit up every room he entered.”
The organization, which noted Marco is survived by his wife and young son, added, “Our entire club grieves this tragedy, and we are thinking of and praying for his family.”
Marco—who was born in Esmeraldas, Ecuador—had been in a traffic accident in his home country when the Ford Explorer carrying him and three others crashed into a metal structure, according to a report by Ecuador’s El Universo, translated from Spanish.
Four players have been shortlisted for Rangers Player of the month for October.
The players are Isaac Saviour, Kazeem Ogunleye, Onyebuchi Ifeanyi and Ejike Ugochukwu.
Ifeanyi and Ugochukwu were crucial to the Flying Antelopes positive outing in the month.
Saviour registered three goals in the month with a brace against Kano Pillars and Bayelsa United.
Ogunleye netted the only goal in Rangers’ 1-0 Oriental derby win over Abia Warriors.
The winner of the award will be announced next week.
The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators.
A circular posted on the CBN’s website on Thursday stated that the move was aimed at enhancing the tracking and management of electronic transactions in the country.
“As part of efforts to mitigate the concerns regarding channelling all Point of Sale transactions through a single aggregator, the CBN on April 19, 2024, granted a second PTSA licence to Unified Payment Services Limited.
“In furtherance of the above, the CBN hereby directs as follows: 1 Acquirers are henceforth required to route all transactions from PoS terminals at merchant and agent locations, whether on physical or electronic PoS terminals, through any CBN-licensed Payment Terminal Service Aggregator PTSAs are required to send PoS transactions to only Processors certified by the relevant Payment Scheme, nominated by the Acquirer and licensed by CBN,” the apex bank noted.
It noted that the Nigeria Interbank Settlement System Plc was granted a PTSA licence in 2011 to handle the aggregation of PoS transactions.
However, to address concerns about routing all transactions through one aggregator, the CBN granted a second PTSA licence to Unified Payment Services Limited earlier this year in April.
“To achieve the objective of tracking electronic transactions in Nigeria, the Central Bank of Nigeria in August 2011, granted a Payment Terminal Service Aggregator licence to Nigeria Interbank Settlement System Plc. As part of efforts to mitigate the concerns regarding channelling all Point of Sale transactions through a single aggregator, the CBN on April 19, 2024, granted a second PTSA licence to Unified Payment Services Limited.”
The CBN has instructed that all acquirers, the institutions responsible for processing payments from PoS terminals, must channel transactions through any of the two licensed aggregators.
In addition, licensed processors are required to integrate with both PTSAs to give acquirers the flexibility to choose their preferred service providers.
It noted that payment terminal service providers, responsible for deploying and managing PoS terminals, must ensure their devices and applications are configured to work with any PTSA chosen by the acquirers.
According to the CBN, PTSPs are also required to submit monthly reports to the CBN, detailing the number of merchants and agents they manage, as well as the PTSA services used.
Similarly, the CBN has mandated that each PTSA submit monthly reports of all transactions processed through their platforms.
According to the apex bank, the reports must be submitted to the director of the Payments System Management Department within seven days after the end of each month.
The CBN urged all PSPs to regularise their operations with the PTSAs within 30 days, warning that non-compliance with the directive would attract appropriate sanctions.
Recall that the Corporate Affairs Commission announced on July 7 that all Point of Sale operators in the country must register with it before September 5.
Nevana Productions and Terra Kulture are bringing back the hilarious and heartwarming classic “Yoruba Romance” next month.
Written by Tyrone Terrence and directed by Austine Onusha, the production is billed to take place on the serene lawn of the popular Terru Kulture.
It is a comedy that explores the vibrant clash and eventual harmony between Yoruba and Igbo cultures through the lens of an inter-ethnic marriage.
This play captures the essence of love, tradition, and the hilarious misunderstandings that arise when two distinct hearts collide.
Yoruba Romance follows the story of Ladoja, his love interest Nncka, and Chibuzor her father, who is eager to give his daughter away in marriage.
In uniting both families what ensues is a whirlwind of comedic misunderstandings, cultural clashes, and heartfelt moments that underscore the beauty and complexity of Nigeria’s rich cultural tapestry.
The play targets a diverse audience including, children and young adults attracted to the romantic and comedic elements and families interested in the cultural and family dynamics.
The play features a talented ensemble of actors such as Patrick Diabuah, Uche Chika Elumelu, and Stanley Okeke and it is produced by Ihuoma Daniel Onucha and Somto Nwandu and Adeshine Theatrical Koncept as associate producer.
Showing every Saturday and Sunday at Terra Kulture from the 3rd of August till the 1st of September, 2024, at 5:30 pm and 7:30 pm respectively.
Petrol will roll out from Dangote Refinery next month, Dangote Group and Chief Executive Officer, Dangote Petroleum Refinery, Alhaji Aliko Dangote said yesterday.
According to him, the crisis over supply of crude from the International Oil Cooperations (IOCs)has been resolved following the intervention of the Nigerian National Petroleum Company Limited (NNPCL) and the federal government.
Addressing media executives during a tour of the Dangote Petroleum Refinery and Petrochemicals in Ibeju Lekki local government area of Lagos state, Dangote said that the crude supply challenge, which affected the supply of petrol from the refinery, was resolved last week.
Dangote expressed hope that the authorities and stakeholders will abide by the provisions of the Petroleum Industry Act, PIA.
He said that the refinery’s fertiliser unit would resume export in two weeks due to efforts to meet local demand this farming season.
This would give farmers more access to fertiliser for their farm products.
Dangote said that there was a massive request for fertiliser from Nigerians and the rest of Africa, so his group had no choice but to respond positively
He also lamented that the delay in securing a site for the Dangote Petrochemical Facility in Ogun State resulted in a $500 million loss for his conglomerate.
Dangote attributed the financial setback to the protracted process of acquiring Olokola land for a petrochemical facility on the $2.5 billion initial drawdown on bank loans.
He expressed disappointment over the bureaucratic hurdles encountered, which significantly impacted the project timeline and overall costs.
“The three years and eight months delay by Ogun State Government over Olokola land for petrochemicals facility costs us $500 million,” Dangote said.
He said a total of $25 billion investments have been made in petrol refinery and fertilizer plant by the Dangote group over the past 10 years.
Located in Lekki Free Zone, Lagos, Dangote Refinery is expected to produce, at full operations, approximately 50 million litres of petrol and 15 million litres of diesel daily, equating to 10.4 million tonnes of petroleum products annually.
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