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Saturday, 30 April 2022 06:05

What to know after Day 65 of Russia-Ukraine war

Ukrainian President Volodymyr Zelenskyy accused Russia of trying to destroy the Donbas and all who live there. “The constant brutal bombardments, the constant Russian strikes on infrastructure and residential areas show that Russia wants to empty this territory of all people. Therefore, the defense of our land, the defense of our people, is literally a fight for life,” he said late Friday in his nightly video address to the nation. He said the cities and towns of the Donbas will survive only if Ukraine remains standing. “If the Russian invaders are able to realize their plans even partially, then they…

Friday, 29 April 2022 06:45

AFC, 11 others emerge as preferred bidders for 12 federal highways

Africa Finance Corporation/Mota Engel Consortium, Africa Plus Partners Consortium, Dafac Consortium and Enyimba Economic City Development Company Consortium, among others, are the shortlisted preferred bidders for the 12 federal highways put up for concession by the Federal Government. It would be recalled that Federal Government had identified preferred/reserved bidders for the highways under the Highway Development and Management Initiative. The government was, however, silent on the identities of the preferred bidders. It had explained that this was following the conclusion of the evaluation of the proposals submitted for phase one of the value-added concession under the HDMI. The HDMI is…

Friday, 29 April 2022 06:44

FAAC: FG, states, LGAs share N725bn as allocation for March

The federation account allocation committee (FAAC) says it shared N725.57 billion with the federal, states and local governments for March 2022. The figure represents an increase of 23 per cent or N135 billion compared to the February allocation. For February, the three tiers had shared N590.546 billion. The details are contained in a communiqué issued at the end of a virtual meeting of FAAC for March 2022. The communiqué noted that petroleum profit tax, oil and gas royalties, import and excise duties, companies income tax and value-added tax recorded tremendous increases. According to the statement, the total revenue of N725.57…

Friday, 29 April 2022 06:43

FG declares Monday, Tuesday public holidays for Workers Day, Eidul-Fitr

PRESS RELEASE Federal Government has declared Monday 2nd and Tuesday 3rd May, 2022 as Public Holidays to mark this year’s Workers Day and EIdul-Fitr Celebrations. Minister of Interior, Rauf Aregbesola, made the declaration on behalf of the Federal Government. He congratulates workers across the country on this year’s celebration. Aregbesola commended workers for their hard work, diligence and sacrifice, noting that their efforts are largely responsible for the greatness of the country and the respect Nigeria now commands in the comity of nations. According to the Minister, “Labour is the very essence of humanity. We are alive because we work…

Friday, 29 April 2022 06:41

What to know after Day 64 of Russia-Ukraine war

Ukrainian President Volodymyr Zelenskyy said he had “very substantive and warm talks” on energy and defense cooperation with Bulgarian Prime Minister Kiril Petkov during his visit to Kyiv on Thursday. Zelenskyy said they agreed that damaged Ukrainian military equipment could be repaired at Bulgarian plants and then sent back to Ukraine. “Another issue we agreed on was the supply of Ukrainian electricity to Bulgaria and the joint use of the Trans-Balkan gas pipeline” to diversify energy supplies in the region,” Zelenskyy said late Thursday in his nightly video address to the nation. Russia this week cut off natural gas supplies…

Friday, 29 April 2022 06:35

Biden seeks Congress approval for extra $33bn to help Ukraine in war with Russia

President Joe Biden will ask Congress for an additional $33 billion to help Ukraine fend off the Russian invasion, two administration officials said Thursday, a big boost in U.S. efforts to bolster Kyiv in an intensifying war that’s showing no signs of ending anytime soon. Biden’s latest proposal — which the officials said was expected to last for five months — has more than $20 billion in military assistance for Ukraine and for bolstering defenses in nearby countries. There is also $8.5 billion in economic aid to help keep Ukrainian President Volodymyr Zelenskyy’s government functioning and $3 billion for food…

Friday, 29 April 2022 06:33

Russia again warns US, others: Don't test our patience

Russia on Thursday warned the West that there would be a tough military response to any further attack on Russian territory, accusing the United States and its key allies of undermining European security by openly inciting Ukraine to assault Russia. Russia’s Feb. 24 invasion of Ukraine has killed thousands of people, displaced millions more and raised fears of the most serious confrontation between Russia and the United States since the 1962 Cuban Missile Crisis. Two months since Russia invaded Ukraine, Russia has in recent days reported what it says are a series of attacks by Ukrainian forces on Russian regions…

Thursday, 28 April 2022 06:42

Central African Republic adopts bitcoin as an official currency

Central African Republic has adopted bitcoin as an official currency, the presidency said on Wednesday, becoming the first country in Africa and only the second in the world to do so. Despite rich reserves of gold and diamonds, Central African Republic is one of the world's poorest and least-developed countries and has been gripped by rebel violence for years. A bill governing the use of cryptocurrency was adopted unanimously by parliament last week, said a statement signed by Obed Namsio, chief of staff of President Faustin-Archange Touadera. "The president supports this bill because it will improve the conditions of Central…

Thursday, 28 April 2022 06:40

What to know after Day 63 of Russia-Ukraine war

In the southern Ukrainian city of Kherson, a series of explosions boomed near the television tower late Wednesday and at least temporarily knocked Russian channels off the air, Ukrainian and Russian news organizations reported. The Russian state news agency RIA Novosti said missiles and rockets were fired at the city from the direction of the Ukrainian forces to the northwest. Kherson has been occupied by Russian forces since early in the war. Ukrayinska Pravda, an online newspaper, said the strikes set off a fire and knocked Russian television channels off the air. RIA Novosti said the broadcast later resumed. It…

Wednesday, 27 April 2022 06:52

What to know after Day 62 of Russia-Ukraine war

The U.N. says Secretary-General António Guterres and Russian President Vladimir Putin have agreed in principle that the United Nations and the International Committee of the Red Cross should be involved in the evacuation of civilians from a besieged steel plant in Ukraine’s southeastern city of Mariupol. U.N. spokesman Stephane Dujarric said that during their one-on-one meeting Tuesday, Guterres and Putin “discussed the proposals for humanitarian assistance and evacuation of civilians from conflict zones, namely in relation to the situation in Mariupol.” The sprawling Azovstal steel plant has been almost completely destroyed by Russian attacks but it is the last pocket…

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Wednesday, 27 April 2022 06:51

Poland, Bulgaria face Russian gas cut as Ukraine crisis escalates

Russia will on Wednesday stop supplying gas to Poland and Bulgaria, the two NATO and EU members said, an escalation in the deepening rift between the West and Moscow over Ukraine as tensions also surged in neighbouring Moldova. Kyiv accused Moscow of blackmailing Europe and of trying to drag Moldova into the conflict after authorities in the Moscow-backed region of Transdniestria said they had been targeted by a series of attacks. Staunch Kremlin opponent Poland is among the European countries seeking the toughest possible sanctions against Russia for invading its neighbour. Poland's state-owned PGNiG (PGN.WA) said supplies from energy giant…

Wednesday, 27 April 2022 06:50

Russia warns Britain for inciting Ukraine

Russia warned Britain on Tuesday that if it continued to provoke Ukraine to strike targets in Russia then there would be an immediate “proportional response”. Russia’s defence ministry cited statements from Britain’s armed forces minister James Heappey who told BBC radio that it was entirely legitimate for Ukraine to hunt targets in the depths of Russia to disrupt logistics and supply lines. “We would like to underline that London’s direct provocation of the Kiev regime into such actions, if such actions are carried out, will immediately lead to our proportional response,” Russia’s defence ministry said. “As we have warned, the…

Tuesday, 26 April 2022 05:55

Russia warns the world of serious nuclear war as it declares: ‘NATO is engaged in a war with Russia through a proxy and is arming that proxy. War means war’

Russia told the world not to underestimate the considerable risks of nuclear war that it said it wanted to reduce and warned that conventional Western weapons were legitimate targets in Ukraine, where battles raged in the east. "The risks now are considerable," Foreign Minister Sergei Lavrov told Russia's state television according to a transcript of an interview on the ministry's website. "I would not want to elevate those risks artificially. Many would like that. The danger is serious, real. And we must not underestimate it." Lavrov had been asked about the importance of avoiding World War Three and whether the…

Tuesday, 26 April 2022 05:54

New Russian missile to carry several hypersonic weapons - Military chief

A new Russian intercontinental ballistic missile is capable of carrying several hypersonic weapons, a senior Russian military officer said Sunday. Col. Gen. Sergei Karakayev, the commander of the Russian military's Strategic Missile Forces, said in televised remarks that the new Sarmat ICBM is designed to carry several Avangard hypersonic glide vehicles. Russia’s Defense Ministry said the Sarmat was test-fired for the first time Wednesday from the Plesetsk launch facility in northern Russia and its practice warheads have successfully reached mock targets on the Kura firing range on the far eastern Kamchatka Peninsula. The test launch came amid soaring tensions between…

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