The Nigerian Senate has given its Committee on Foreign and Local Debts 14 days within which to process President Muhammadu Buhari’s request for a fresh ₦2.343 trillion ($6.183 billion) for approval. Senate President Ahmad Lawan gave the directive at the commencement of Tuesday’s plenary session shortly after the Senate Majority leader, Yahaya Abdullahi, drew the attention of the Senate to the pending request. The Senator Clifford Ordia-led Committee on Foreign and Local debt had approved a total of $28 billion so far. The current request will take the total loan approved to $35.683 billion. Buhari had urged the Senate to approve N2.3 trillion ($6.183 billion) external borrowing. He said the loan was to finance the 2021 budget deficit of N5.6 trillion. The President indicated that the loan ...
Eden Hazard is still having “some thigh problems” after missing much of Real Madrid’s season but “will be there when the Euros start”, he told a video press conference on Monday. The midfielder said he was “not yet at 100 percent” but added that “physically I still have to prepare myself and I obviously hope to be ready for the first game on 12 June.” Belgium, one of the favourites for the title, start Euro 2020 on June 12 against Russia in a group that also includes Denmark and Finland. Hazard arrived at the national training centre at Tubize on Monday, at the same time as most of his team-mates and, as captain, was the first to speak at the press conference. “I missed the last game with Real because of a little discomfort in my thigh. Since then I have been able to rest for a week and me...
Lazio released a terse statement confirming Simone Inzaghi ‘changed his mind’ and is heading to Inter. Inzaghi’s contract with the Aquile is due to expire on June 30 and last night he had seemingly agreed to extend it until June 2024. However, Inter came back with a new proposal to practically double the wages on offer and lead the Serie A Champions. It was reported President Claudio Lotito tried and failed to change his mind, even telling Il Messaggero this afternoon that they would announce the new contract later. Lazio finally accepted they had lost Inzaghi and released a terse statement in which they never even said his name. “We respect the change of mind of a coach and, before that, of a player who for many years tied his name to the Lazio family and the many Biancocelesti successes....
The Independent National Electoral Commission said it plans to create 2,673 registration centres and deploy 5,346 officials for the Continuous Voter Registration scheduled to resume June 28. INEC Chairman, Prof. Mahmood Yakubu, disclosed this at the commission’s emergency meeting with security agencies under the auspices of the Inter-agency Consultative Committee on Election Security. Yakubu said that INEC was preparing for the resumption of the nationwide CVR to enable Nigerians who have attained the age 18 years and those who did not register previously to do so. He said: “Similarly, registered voters who wish to change their voting locations and those who wish to correct their names and other details on their Permanent Voters Cards can do so. “We plan to create 2,673 registration centre...
File Photo The Securities and Exchange Commission has directed all existing investment crowdfunding portals/digital commodities investment platforms to note the requirements and eligibility criteria for raising funds through and/or operating a Crowdfunding Portal and comply with the registration requirements or cease operations by the 30th of June, 2021. This was contained in a notice released by the Commission on Wednesday. According to the SEC, the rules governing Crowdfunding business in Nigeria came into effect on the 21st day of January, 2021, which was part of efforts by the Commission to ensure investor protection while encouraging innovation in the conduct of securities business. “In line with the transitional provisions of the Rules, all persons/entities operating an investment cr...
Mali’s president and prime minister have been ousted by the officer who led last year’s coup and became vice-president of an interim government. Col Assimi Goïta says President Bah Ndaw and PM Moctar Ouane failed in their duties and were seeking to sabotage the country’s transition. They were arrested hours after a government reshuffle which saw two senior army officers replaced. Col Goïta says elections will still go ahead next year as planned. But he ignored pleas from the UN chief, the African Union, the Economic Community of West African States (Ecowas), the EU and the US that the president and prime minister be released without any preconditions. The two men have been held at a military camp outside the capital, Bamako, since they were arrested on Monday evening. A delegation from Eco...
As discussions surrounding the 2023 presidential election gathers pace, South East Governors and other politicians from the region have been warned against ‘angling for the position of Vice President’. The Association of South East Past Presidents-General, which gave the warning in Enugu at the weekend, said the zone would not accept any one reducing it to ‘second fiddle political status’ in 2023. At an official public presentation of the former Chief Judge of Anambra State, Justice Peter Umeadi, who is also a Professor of Law, the association said the general consensus by equity, justice and fair play was that the next President of the country should emerge from the South East. The former PGs, who lead the over 2000 Igbo communities in the past, stressed that with such understanding, it w...
NFF’s FIFA Match Agent, Jairo Pachon of Eurodata Sport, is excited that Nigeria will be playing Mexico in a friendly international on July 3 in the United States. “We are happy to be able to announce this match, which is a clash between two very big teams from two different continents. Mexico against Nigeria is a big match any day and the venue is class,” he said. The two teams will announce their squads for the match sometimes in June. Mexico will play three other games before the clash with Nigeria, as part of their MexTour series. Three-time African champions Nigeria will clash with CONCACAF Gold Cup holders Mexico in a friendly at the famous Los Angeles Memorial Coliseum in the State of California, United States of America. The match, which kicks off at 7.30pm LA time will be the sixth...