Decade
NGA chief: Nigeria’s gas reserve can sustain West African market
Nigeria has abundant gas resources which, if harnessed, will meet the energy demand of over 350 million people and the industrial needs in the West African sub-region. According to the newly inaugurated president of the Nigeria Gas Association (NGA), Ed Ubong, “Nigeria, which ranks as the 9th largest gas reserve in the world and clearly the largest in West Africa, needs to develop this resource base and connect the existing local supply and demand with physical and virtual pipeline infrastructure, while also exploring closer integration of roads, seaports and rail infrastructure.” Speaking, at the just concluded NGA’s 12th International Conference and Industry Awards in Lagos last week, Ubong who is also the managing director, Shell Nigeria Gas Limited, however, advocated an improved inves...
Crypto ban: We acted in Nigerians’ best interest – CBN
The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the Bank’s decision to prohibit deposit money banks, non-banking institutions, and other financial institutions from facilitating trading and dealings in cryptocurrency is in the best interest of Nigerian depositors and the country’s financial system. Mr Emefiele made the declaration on Tuesday, February 23, 2021, while briefing a joint Senate Committee on Banking, Insurance and Other Financial Institutions; ICT and Cybercrime; and Capital Market, on its directive to institutions under its regulation. Describing the operations of cryptocurrencies as dangerous and opaque, the CBN Governor said the use of cryptocurrency contravened an existing law. He said given the fact that cryptocurrencies were issued by unregulated and...
Hundreds of thousands protest in Myanmar as army faces crippling mass strike
Hundreds of thousands of protesters took to the streets in Myanmar for a ninth day of anti-coup demonstrations on Sunday, as the new army rulers grappled to contain a strike by government workers that could cripple their ability to run the country. People surround a police vehicle as they protest against the military coup, in Yangon, Myanmar February 12, 2021 in this still grab obtained by Reuters from a video on February 13, 2021. Trains in parts of the country stopped running after staff refused to go to work, local media reported, while the military deployed soldiers to power plants only to be confronted by angry crowds. A civil disobedience movement to protest against the Feb. 1 coup that deposed the civilian government led by Aung San Suu Kyi started with doctors. It now affects a swa...
Nigerian government seizes bank’s assets over Shell’s N183 billion debt
File Photo Nigerian government have moved to sequester the assets of the country’s premier lender First Bank of Nigeria Limited in an effort to recover the damages oil major Royal Dutch Shell owed the Ejama Ebubu community of Rivers State in a legal contest spanning many decades, Bloomberg reported Thursday. Police operatives and court officials arrived the bank’s main branch in Port Harcourt on Tuesday to execute an order to seize the lender’s asset, FirstBank said in a statement. The bank said the incident leading to the confiscation of its properties was “unjustified, illegal and a reckless misuse of the machinery of justice.” Lagos-headquartered FirstBank resolved to guarantee the damages awarded against Shell by a Rivers State high court judge a decade ago. According to the estimation...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
Mutiu Adepoju: It is wrong to call young players next Lionel Messi or Austin Okocha
AOIFOOTBALL.COM Former Super Eagles midfielder, Mutiu Adepoju, says it is wrong to call young players the next Lionel Messi or Austine Jay Jay Okocha since it puts them under lots of pressure. Adepoju, who is also nicknamed the “headmaster” in his playing days disclosed this when he spoke with BBC Sport. According to him, local media and fans must stop as it is not good for the growth of the players. He said: “I believe calling young players in the youth teams as the next Messi or Jay-Jay Okocha is unfair and unnecessary. “Indulging in this comparison is setting them up for failure because the weight of expectations will definitely affect these players mentally. “It’s the main reason some players refused to work hard and be themselves because they easily get carried away by what the press ...
Zamfara shuts down 10 schools to prevent abduction of students like in Katsina
The Zamfara government has ordered that 10 schools across the state be shut down over fears students could be abducted by bandits. The decision comes on the heels of last week’s attack on Government Science Secondary School, Kankara in Katsina State that has left at least 333 students unaccounted for and believed to be in custody of the kidnappers. Zamfara’s Commissioner for Education, Ibrahim Abdullahi, announced at a media briefing on Tuesday, December 15, 2020 that the affected schools are those that share borders with Katsina, Kaduna, and Sokoto, all similarly troubled by the activities of bandits. “We will not want what happened in Katsina to happen in Zamfara State,” he said. The affected schools are GSS, Tsafe; GSS, Magaji; GASS, Zurmi; GGSS, Moriki; GDSS, Nasarawa Mailayi; GDSS, Gu...
Egyptian rights group head hopes release will help other prisoners
The head of a leading Egyptian human rights group who was held for two weeks on terrorism charges said Saturday he hoped the campaign to secure his release would help others still jailed on similar Allegations. Activists saw the detention last month of Gasser Abdel Razek, executive director of the Egyptian Initiative for Personal Rights (EIPR), and two of the group’s other staff, as the latest escalation of a broad crackdown on political dissent under President Abdel Fattah el-Sissi. Egypt’s foreign ministry had said EIPR was operating illegally, an accusation the group denies. There has been no official statement from public prosecutors since Abdel Razek’s release, and officials could not be reached for comment. The arrests, which came after EIPR hosted a briefing on human rights for 13 s...
Jerusalem church suffers damage in arson near Garden of Gethsemane
Israeli police on Friday arrested a man for trying to set fire to an east Jerusalem church by the Garden of Gethsemane, the site revered by Christians as the place where Jesus prayed before he was crucified. The 49-year-old Israeli suspect poured flammable liquid inside the Church of All Nations, police spokesman Micky Rosenfeld said. The man then set it alight, a separate police statement said, before the church guard detained him. “Preliminary investigation and the suspect’s details strengthen the assessment that the background to the incident was criminal,” police said, suggesting investigators believed it was not a hate crime. Reuters pictures showed a charred bench and a small blackened portion of the mosaic floor of the Catholic church, which overlooks Jerusalem’s walled Old City. “T...
UN: Over 110 people killed in attack on Borno rice field
United Nations (UN) has revealed that not less than 110 civilians were killed by Boko Haram in the attack on a rice field in Borno State. Earlier reports had put the death toll of Saturday’s deadly Boko Haram attack on rice field in Borno at 43 while several others were said to be missing. A statement by the United Nations Humanitarian Coordinator in Nigeria, Mr. Edward Kallon, on Sunday, while describing the attack as horrifying, said not less than 110 people were killed with many other persons injured in one the deadliest attack by the terrorist group, who have laid siege to the Northeast for over a decade. Kallon said: “I am outraged and horrified by the gruesome attack against civilians carried out by non-state armed groups in villages near Borno State capital Maiduguri. “At least 110 ...
Boko Haram: Six Nigerian soldiers killed in Borno ambush
An ambush on Nigerian troops by Boko Haram elements has left six soldiers dead, 26 injured and many others still missing, according to a report. The post Boko Haram: Six Nigerian soldiers killed in Borno ambush appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
WHO: World records 207,500 measles deaths in 2019, amid increases in cases to 869,770
Global measles deaths increased by 50 per cent from 2016 to 2019, claiming over 207,500 lives in 2019, WHO said in a statement issued from its headquarters on Thursday in Geneva citing figures from a joint report it published with the US Centre for Disease Control (CDC). The post WHO: World records 207,500 measles deaths in 2019, amid increases in cases to 869,770 appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
