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DHQ reorganises operations to tackle security challenges
The Defence Headquarters has said it is reorganising operations across theatres toward tackling security challenges in the country. Coordinator, Defence Media Operations, Maj.-Gen. John Enenche, disclosed this while giving update on the operations of the armed forces across the country yesterday in Abuja. Enenche said the recent changes in the leadership of the armed forces would usher in new modus operandi for tackling security challenges in the country. He said the service chiefs on assumption of duty, immediately hit the ground running, by conducting operational visits to the North East. “In line with the re-organisation of the armed forces of Nigeria with the appointment of new service chiefs, the operations of the armed forces are equally being reorganised to tackle security challenge...
2023: Group begs Yahaya Bello to join presidential race
As the preparations for Nigeria’s presidency in 2023 intensifies, a diaspora group known as Governor Yahaya Bello Solidarity Movement, has joined the voices calling on Kogi State Governor, Alhaji Yahaya Bello to join the race. Coordinator of the group, Joy Robinson, in a statement issued in Abuja said, that their decision to back the governor is because there’s need for what she called a competent, energetic, detribalised, progressive, courageous and a religious leader to oversee the affairs of the country. The group noted that anybody with such qualities would assist in taking the country away from the current social and economic problems facing the country, saying Bello possessed all these in addition to being a youth with a track record of performance. According to it, “After considerin...
Nigerian government gets revenue boost as oil prices near $60
File Photo Nigeria revenue profile may get a further boost in the days ahead as oil prices near $60 per barrel in a move propelled by the Organisation of Petroleum Exporting Countries (OPEC). U.S. West Texas Intermediate crude oil futures rose to their highest levels in nearly a year on Friday with Brent traders zeroing in on the psychological $60 a barrel level on economic revival hopes led by strong compliance with the planned output cuts by OPEC+. Also contributing to the gains were a government report that showed another draw in crude stockpiles, optimism over a speedier U.S. economic recovery on the prospect of additional stimulus from Washington and a successful rollout of the U.S. vaccination program. OPEC+ maintained its oil output policy at a meeting last Wednesday, a sign produce...
Senator Marafa moves to end Zamfara APC crisis
The APC crisis in Zamfara state might have been over as the Senator Kabiru Marafa faction meet in Kaduna to finalize moves of reconciling with the Abdulaziz Yari faction. This development followed the meeting convened by the Caretaker/Extraordinary Convention Planning Committee of the All Progressives Congress (APC) in Abuja, where virtually all the APC stakeholders in Zamfara attended. Senator Kabiru Marafa, who addressed hundreds of his supporters on Saturday in Kaduna, said their resolve to reconcile was in the general interest of Zamfara state. He said “we are meeting with critical stakeholders of our faction (APC Mai Jama’a, which literally means APC of the grassroot) today in Kaduna.” “You will recall that the chairman of the caretaker committee of our party, His Excellency, Governor...
Senate moves to push retirement age of Supreme Court justices to 75 years
The Senate is putting in place measures to push for the retirement age of Supreme Court Justices in the nation’s apex court from the age of 70 to 75 years. According to the Senate, it is considering the proposal made to it by the Supreme Court March this year, 2021. Speaking today in Abuja during the Senate Constitution Review Committee Retreat to Review and Analyse Submitted Memoranda, Deputy President of the Senate Senator Ovie Omo-Agege, All Progressives Congress, APC, Delta Central said that the upper Chamber will in March consider the proposal of shifting the retirement age of Supreme Court Justices from 70 to 75 years and the retirement age for judges of the states, including that of the Federal Capital Territory, FCT and the Federal High Courts to bring in about parity with the 70 y...
Lagos chamber projects positive economic recovery by Q2
The Lagos Chamber of Commerce and Industry (LCCI) has projected a return to positive growth path for the Nigerian economy in the second quarter of 2021. Mrs Toki Mabogunje, President, LCCI, addressing journalists at the first edition of the chamber’s quarterly news conference, said the projection was subject to the absence of major economic shocks. Mabogunje, however, said that the projected recovery was expected to be subdued within the region of one per cent. “Projections by the World Bank and the International Monetary Fund put Nigeria’s annual average growth for year 2021 at 1.1 per cent and 1.5 per cent, respectively. “Expectation of slow growth momentum reflects the lingering effects of the pandemic on the Nigerian economy and prospects of stricter containment measures considering th...
Rivers governor commiserates Akwa Ibom over death of PDP, PANDEF chairmen
Rivers State Governor, Nyesom Wike has commiserated with the governor of Akwa Ibom State, Mr Udom Emmanuel over the recent loss of prominent indigenes of the state. Wike described the death of the State Chairman of the People’s Democratic Party, PDP, Mr Udo Ekpenyong and the Director-General of Governor Emmanuel’s two terms Divine Mandate organization and Chairman of Pan Niger Delta Forum, PANDEF, Air Commodore Idongesit Nkanga rtd., as a grave loss not just to Akwa Ibom State but the entire South-South region and the party which, he said, is Nigeria’s hope. The Rivers State Governor who was on a condolence visit to Governor Emmanuel at Hilltop Mansion, Government House Uyo, on Thursday said what touches Akwa Ibom touches Rivers state. Hear him, “what I came here is that the Governor Udom ...
Jordan Henderson: Liverpool were the ‘better team’ against Manchester United
Jordan Henderson felt Liverpool were the “better team” against Manchester United, but has admitted that his side have allowed their standards to slip in recent weeks. Liverpool welcomed United to Anfield on Sunday knowing that they could return to the top of the Premier League standings with a victory. However, confidence within the Reds’ camp wasn’t at its highest point after uninspired draws against West Brom and Newcastle and a dismal defeat away at Southampton, with Mohamed Salah, Sadio Mane and Roberto Firmino all struggling for form in the final third. Unfortunately, the talismanic front three were quiet once again as Jurgen Klopp saw his team struggle to break down a well organised United outfit in a 0-0 draw. Liverpool had No.1 goalkeeper Alisson to thank for keeping them in the ga...
Iran’s smog, blackouts made worse by power-sapping crypto mining
Outages have been compounded by cryptocurrency mining, which uses banks of high-powered computers. Cities across Iran have been cloaked in thick layers of toxic smog and darkened by blackouts, as the alleged use of low-quality fuel and power-sucking cryptocurrency mining deepen the country’s hardships. Tehran’s Hamshahri newspaper, the country’s most-read daily, ran the headline, “20 Days Living in Smoke,” on Wednesday over a photo of the capital covered in smog. Power plants have been forced to switch to burning low-grade fuel oils to generate electricity because high levels of domestic consumption have led to natural-gas shortages, the semi-official Iranian Students’ News Agency reported. Oil Minister Bijan Namdar Zanganeh denied earlier this week that any of Iran’s power stations are us...
Ahmadu Bello University announces date for resumption
The management of the Ahmadu Bello University, Zaria, in Kaduna State, has fixed Monday, January 25th, 2021 as the date for the reopening of the institution for academic activities. However, the Director of Public Affairs of the ABU, Mallam Auwal Umar, said in a statement that the resumption date was subject to review by the Federal Government. The statement titled, ‘Ahmadu Bello University fixes January 25 for reopening,’ said the resumption date was approved by the Senate of the University at its 501st (Special) Meeting on Tuesday The statement read, “The 2019/2020 academic session would be completed based on the adjusted calendar as approved by the Senate. “The decision to reopen the University followed the suspension of ASUU strike, and the directive by National Universities Commission...
2021: Banks to walk a tightrope amid low revenue environment
Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles. Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged. In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money. According to Branson, “People have got to be able to go to bed at night secure in the knowledge that the money they depo...
