March
Golden Eaglets qualify for WAFU U17 Cup semi finals
Nigeria reached the semi finals of the WAFU U17 Cup Tournament ongoing in Lome, Togo on Tuesday evening after Group B pacesetters Cote d’Ivoire hammered the Black Starlets of Ghana 3-1 at the city’s Stade Municipal. Five-time world champions Nigeria, who lost by the odd goal to the Ivorians on the opening day of the competition and were forced to a 1-1 draw by the Starlets at the weekend, needed a favour from the Ivorians to progress to the knockout stage. And the Ivorians obliged. The Baby Elephants raced into the lead after only nine minutes and consolidated at 2-0 as the match wore on. But the Starlets, themselves two-time champions of the world, pegged back their neighbours to leave Nigeria’s chances on the wire. The Eaglets and their Ghanaian counterparts had both scored through penal...
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...
Kano government reaffirms commitment to minimum wage, says deductions temporary
Kano state government has reaffirmed its commitment to the continuous implementation of the N30,600.00 minimum wage for civil servants. It however said, that deduction in November/December workers’ salary was a temporary measure informed by the drop in federal allocation and dwindling internally generated revenue occasioned by the COVID-19 pandemic. The state commissioner for Information, Malam Muhammad Garba who stated this in a statement, Thursday, indicated that the deduction was necessary to keep the government going in the face of the prevailing economic recession facing the country. “The state government took the measure instead of contemplating on paying half salary or in batches as obtained in other states or layoffs. “Similar temporary measure was taken, including cut in the allow...
US Democrat Senate wins push stocks higher despite Capitol chaos
Clean sweep by Democrats allows them to enact big-spending policies likely to benefit the economy, investors say. Global stock markets rose and bonds nursed losses on Thursday in anticipation of a big-borrowing and big-spending Democratic administration driving growth, following runoff elections that gave the party control of both houses of the United States Congress. On Wednesday, US Treasury bonds had suffered their steepest selloff in months after Democratic Party victories in two races in the state of Georgia handed them narrow control of the Senate and the power to pass their agenda. US S&P 500 futures rose 0.6 percent and Nasdaq 100 futures rose 0.9 percent as markets seemed to shake off a late fade that pulled Wall Street indexes back from fresh record peaks when chaotic protest...
Coronavirus: President Buhari extends tenure, mandate of PTF
President Muhammadu Buhari has extended the mandate of the Presidential Task Force (PTF) on COVID-19 “for a further period till the end of March, 2021 bearing in mind the new surge in the number of cases and the bid for vaccines.” The president disclosed this Tuesday in Abuja while receiving the End-of-Year Report of the task force. He said: “Recent reports reaching me indicate that Nigeria is now facing a rise in confirmed COVID-19 cases nationwide which is similar to the second wave of infections occurring in other countries across the world. “New epicentres have been identified and the nation cannot afford to lose the gains of the last nine months. ”I have critically evaluated the situation and remain convinced that urgent measures have to be taken to halt the spread and the attendant f...
Why we shutdown Total E&P gas plant – Rivers community
Obite indigenes in Ogba/Egbema/Ndoni Local Government Area of Rivers State have an advanced reason for shutting down a gas plant operated by Total Exploration and Producing Nigeria Limited in their domain citing alleged insensitivity of the oil multinational to their plight. The aggrieved natives, drawn from the five villages of Obite community also lamented the alleged refusal of the oil firm to honour a Supreme Court judgement that compensation is paid to the community for the land acquired in the area for its operations. Mr Daniel Clifford Uma, one of the natives, who spoke during the community protest march to the oil firm said, “What you are seeing here today is as a result of total negligence from Total E and P. This thing started 22 years ago. Some of the people that started this ma...
Nigerian students threaten government over lecturers strike
File Photo The National Association of Nigerian Students (NANS) has given the Federal Government till January 5, 2021, to resolve its impasse with the Academic Staff Union of Universities (ASUU). Describing the ongoing strike action by ASUU as the longest so far, NANS said in Katsina at the weekend that it would mobilise its members to block all Federal highways indefinitely at the end of the ultimatum until the issue is resolved. The President of NANS Comrade Sunday Asefon, who addressed a press conference after a visit to the rescued Kankara school boys said that, “it is ridiculous that government and ASUU have not found a common ground yet and this is leaving us with no other alternative than to do everything within our power to bring an end to this strike. “If by January 5, 2022, there...
Senators decry executive’s disregard for resolutions on insecurity
Federal lawmakers, on Tuesday, deplored the federal government’s continued disregard for Senate’s resolutions on the issue of national security. The Senators spoke while contributing to a motion on the recent kidnapping of students at the Government Science School, Kankara, Katsina State. The Red Chamber had twice called for the replacement of the service chiefs. The lawmakers, in their various contributions to the motion, expressed deep frustration over the recurring issues of killings and kidnappings across the country and the inability of the security agencies to address the challenges. They insisted that the service chiefs had overstayed and should allow other officers with fresh ideas to take over. Senator Mohammed Sani Musa (APC, Niger) said, “Every day, people are dying and nothing ...
First Americans vaccinated as U.S. death toll passes 300,000
An intensive care unit nurse became the first person in the United States to receive the Pfizer/BioNTech COVID-19 vaccine on Monday, calling it a sign that “healing is coming,” as the U.S. coronavirus death toll crossed a staggering 300,000 lives lost. Sandra Lindsay, who has treated some of the sickest COVID-19 patients for months, was given the vaccine at Long Island Jewish Medical Center in the New York City borough of Queens, an early epicenter of the country’s COVID-19 outbreak, receiving applause on a livestream with New York Governor Andrew Cuomo. “It didn’t feel any different from taking any other vaccine,” Lindsay said. “I feel hopeful today, relieved. I feel like healing is coming. I hope this marks the beginning of the end of a very painful time in our history. “I want to instil...
Police arraign kidnap kingpin, seven others for terrorism in Calabar
A Federal High Court sitting in Calabar has remanded 8 persons for kidnapping, terrorism and possession of illegal firearms at the Afokang Correctional Service centre. Five were arraigned by the Nigeria Police Force for kidnapping, terrorism and possession of illegal fire arms on a three count charge in Charge numbers FHC / CA / 94c / 2020 and three others on a two count charge of charges number: FHC /CA/95c / 2020 for three others. The Presiding Judge, Justice S.M Shaibu ordered that the 8 defendants be remanded at Calabar Correctional facility on a three count charge and two count charge respectively levelled against them by the police . He ordered that the 8 of them be remanded till 25 of February 2021 at the centre pending their trial at the Federal High Court 1 ,Calabar . Recall that ...
Joe Biden urges Americans to be safe during holiday, fight coronavirus pandemic
U.S. President-elect Joe Biden on Wednesday pleaded with Americans to take steps to remain safe as COVID-19 cases surge on the eve of the Thanksgiving holiday and pledged again to make combating the pandemic a top priority when he takes office in January. “I believe you always deserve to hear the truth from your president. We have to slow the growth of this virus. We owe it to the doctors and the nurses and the frontline workers … We owe it to our fellow citizens,” Biden said. He urged people to forgo big family gatherings, wear protective masks and maintain social distancing. “I know we can and we will beat this virus,” Biden added, acknowledging that Americans are feeling pandemic fatigue. “Life is going to return to normal. I promise you. This will happen. This will not last forever.” T...
Leeds boss kicks against fans returning to stadiums
Marcelo Bielsa has demanded Premier League chiefs block fans returning to grounds until all 20 top-flight clubs can reopen their turnstiles. Under the new Covid tier system, half of Premier League clubs will still not be allowed supporters from Wednesday, while the other ten can have 2,000. Leeds are in Tier 3 and must keep fans locked out – with boss Bielsa saying: “If fans are not allowed in all stadiums, then they should not be allowed until everyone can. “Clubs shouldn’t have to deal with the consequences of being in a category. It should be about trying to maintain the competition as equally as possible.” Arsenal will become the first Prem team to welcome fans back since March when they host Rapid Vienna in the Europa League on Thursday. While West Ham’s Prem clash with Manchester Uni...