News

Saturday, 19 March 2022 06:11

FG will effect court ruling deleting section 84 (12) of Electoral Act - Malami

Abubakar Malami, attorney-general of the federation (AGF), says the federal government will effect a judgment which ordered the removal of section 84 (12) of the amended Electoral Act, 2022. President Muhammadu Buhari had assented to the electoral act amendment bill on February 25. He, however, asked the national assembly to delete section 84 (12) of the act, which reads: “No political appointee at any level shall be a voting delegate or be voted for at the convention or congress of any political party for the purpose of the nomination of candidates for any election.” On March 9, the senate rejected…

Saturday, 19 March 2022 06:10

Buhari returns to Abuja after trip to London for medical checkup

President Muhammadu Buhari has returned to Nigeria after spending close to two weeks in London, United Kingdom, for a medical checkup. The president arrived the Nnamdi Azikiwe International Aiport, Abuja on Friday night. Buhari had departed Nigeria for London on March 6 for “routine medical checks” according to Femi Adesina, presidential spokesman. Ibrahim Gambari, chief of staff; Muhammed Bello, FCT minister; Sulieman Adamu, minister of water resources; Hassan Sanusi, DIG of police and Yusuf Bichi, director-general of the Department of State Services (DSS), were among those who welcomed the president at the airport. The Cable

Saturday, 19 March 2022 06:09

Broadcasters warn of imminent collapse of Radio, TV stations nationwide due to soaring energy, other costs

PRESS RELEASE There are ominous signs that danger of high magnitude is looming in Nigeria as the conventional media, that has been the key factor in maintaining political stability, security and peace of the country is under serious threat due to the harsh economic environment 1. Even before the announcement of the collapse of the National Electricity Grid, public power supply had been epileptic, at best, and bills for the non-available power supply kept and keeps rising unabated. 2. There is a lingering scarcity of petroleum products and diesel, which fuels the generating sets of these organisations, has more than…

Saturday, 19 March 2022 06:08

What to know after Day 23 of Russia-Ukraine war

Russian President Vladimir Putin praised his country’s troops at a huge flag-waving rally in Moscow as Russian forces strike Ukrainian cities from a distance again, pounding the capital of Kyiv and the country’s west. The war is now in its fourth week. Russian troops have failed to take Kyiv — a major objective in their hopes of forcing a settlement or dictating Ukraine’s future political alignments — but have wreaked havoc and devastation. The U.N. migration agency says the fighting has displaced nearly 6.5 million people inside Ukraine, on top of the 3.2 million refugees who have already fled the…

Saturday, 19 March 2022 06:07

Russia-Ukraine war: Putin lays out his demands in phone call with Turkish president

Turkey has positioned itself with great care to be the go-between with Russia and Ukraine - and this seems to be paying off. On Thursday afternoon, President Vladimir Putin rang the Turkish President, Recep Tayyip Erdogan, and told him what Russia's precise demands were for a peace deal with Ukraine. Within half an hour of the ending of the phone call, I interviewed Erdogan's leading adviser and spokesman, Ibrahim Kalin. Kalin was part of the small group of officials who had listened in on the call. The Russian demands fall into two categories. The first four demands are, according to…

Saturday, 19 March 2022 06:06

Putin appears at huge pro-war rally in Moscow

Russian President Vladimir Putin appeared at a massive rally in Moscow Friday, applauding his troops as they continued pounding Ukrainian cities with shelling and missiles. "We know what we need to do, how to do it and at what cost. And we will absolutely accomplish all of our plans," Putin, wearing a white turtleneck and a blue jacket, told the crowd gathered in and around Luzhniki Stadium. Approximately 200,000 people were in attendance, many waiving Russian flags, according to Russian police and state-run media. Putin praised his soldiers at the celebration to mark the eighth anniversary of Russia's seizure of…

Saturday, 19 March 2022 06:04

Xi urges US, NATO to talk with Russia, opposes indiscriminate sanctions

Chinese President Xi Jinping encouraged the US and NATO to have conversations with Russia to solve the problems behind the Ukraine crisis, and expressed opposition to indiscriminate sanctions, during his video meeting with US President Joe Biden on Friday. The Ukraine crisis is not something we want to see, and the events again show that countries should not come to the point of meeting on the battlefield. Conflict and confrontation are not in anyone's interest, and peace and security are what the international community should treasure the most, Xi said. After Biden said the US does not seek a new…

Friday, 18 March 2022 06:28

Nigeria’s debt approaches N40trn as FG, states borrowed N6.6trn in 2021 - DMO

Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion in the previous year. Patience Oniha, director-general of DMO, said this on Thursday at a media briefing in Abuja. Oniha said the total debt includes new borrowings by the federal government and the sub-nationals. She added that the amount helped in financing the budget deficit, capital projects and support economic recovery. “Nigeria’s total public debt as at December 31, 2021, was N39.556 trillion or $95.779 billion. The amount represents the total external and domestic debts of the Federal Government of Nigeria…

Friday, 18 March 2022 06:27

FG raises another $1.25bn through Eurobonds

Nigeria has raised a $1.250billion seven-year Eurobond in the International Capital Market (ICM). Debt Management Office (DMO) announced in a statement Thursday night that the Eurobond offer was launched at an initial price of 8.75 per cent per annum, adding that on the back of strong investor demand, Nigeria was able to revise the price guidance to 8.5 per cent per annum. According to the DMO, the Order Book continued to grow, reaching a peak of $4 billion. The Order Book included many quality investors in the United States, Europe and Asia. “With this strong investor interest, the price was…

Friday, 18 March 2022 06:26

Soludo makes first appointments, promises to nominate Commissioners within one week

Less than six hours after his inauguration as the sixth Governor of Anambra, Charles Soludo has announced the appointment of three persons into his administration. The statement containing the new appointments was released to reporters by Soludo’s media aide, Joe Anatune, on Thursday in Awka. The statement announced the appointment of Osita Chukwulobelu, a professor, as Secretary to the State Government (SSG) and Chukwudi Okoli as the Accountant General, while Chinedu Nwoye has been appointed as the deputy chief of staff/state chief of protocol. Soludo, a former governor of Central Bank of Nigeria, was sworn-in earlier on Thursday in a…

More...

Friday, 18 March 2022 06:24

What to know after Day 22 of Russia-Ukraine war

Russian forces largely bogged down outside major cities in Ukraine have turned to shelling them from a distance, including dozens of confirmed attacks on health facilities during the war that on Thursday entered its fourth week. A Russian airstrike before dawn Thursday killed 21 people and destroyed a school and community center in Merefa, near the northeast city of Kharkiv, officials said. Foreign ministers of the Group of Seven leading economies said in a joint statement that Russian President Vladimir Putin is conducting an “unprovoked and shameful war.” The fighting has led more than 3 million people to flee Ukraine,…

Friday, 18 March 2022 06:22

Russia to United States: We have the might to put you in your place

Russia warned the United States on Thursday that Moscow had the might to put the world’s pre-eminent superpower in its place and accused the West of stoking a wild Russophobic plot to tear Russia apart. Dmitry Medvedev, who served as president from 2008 to 2012 and is now deputy secretary of Russia’s Security Council, said the United States had stoked “disgusting” Russophobia in an attempt to force Russia to its knees. “It will not work - Russia has the might to put all of our brash enemies in their place,” Medvedev said. Since Russia invaded Ukraine on Feb. 24, the…

Thursday, 17 March 2022 06:17

FG confirms electricity tariff hike as subsidy removed

Nigerian Electricity Regulatory Commission on Wednesday declared that subsidy on power amounting to about N600bn during some period had now been stopped by the Federal Government. It also revealed that electricity tariffs were raised in February this year, and was quick to, however, state that the tariff payable by some customers in the franchise area of one of the distribution companies was reduced. This came as power generation companies condemned Nigerian Bulk Electricity Trading company, stating that NBET was failing in its obligations in terms of payment for power generated by the Gencos. Speaking at a press briefing in Abuja…

Thursday, 17 March 2022 06:14

UK clarifies statement on visa applications in Nigeria

The United Kingdom has said it never suspended student, work and family visas in Nigeria. The British High Commission, in a statement yesterday, said the clarification became necessary as a result of reports circulating in the Nigerian media and online that the UK has suspended student, work and family visas for Nigerian applicants. “This is not true. It is still possible to apply for any category of UK visa in the usual way on gov.uk and via our Visa Applications Centres (VAC) in Nigeria. “Our VACs remain open and customers are welcome to apply for a standard visa of any…

Page 195 of 826

News

More...

Search

Most Read

Editorial

News

Business

Politics

Opinion

Features

Strangely

Crime

Wars

SCIENCE & TECH

SPECIAL REPORTS

Sports

VIDEOS