News - NewsNow Nigeria

FBN Holdings decides to cancel its extraordinary meeting for N300 billion capital raise

19Apr

By Mariam AbdullahiNo Comments

Headlines

FBN Holdings decides to cancel its extraordinary meeting for N300 billion capital raise

The plan by FBN Holdings for an Extraordinary General Meeting to secure approval from shareholders for a N300 billion capital raise has been called off. An announcement made on Friday and filed with the Nigerian Exchange Limited stated that the special meeting has been cancelled without providing specific reasons. “The earlier planned Extraordinary General Meeting of FBN Holdings Plc (the “Company”), which was set to be conducted virtually on Tuesday, April 30, 2024, at 10 a.m to discuss and approve a Capital raise of up to N300 billion and other related matters, has now been cancelled,” as mentioned in the statement. Just last week, FBN Holdings, in a previous notification about the Extraordinary General Meeting submitted to the NGX, revealed its intention to s...

Tragedy Strikes: Fatal Auto Crashes in Kano and Kaduna States

19Apr

By Mariam AbdullahiNo Comments

Headlines

Tragedy Strikes: Fatal Auto Crashes in Kano and Kaduna States

Recent road accidents at Gaya Junction in Kano State and Tashar Yari in Kaduna State have resulted in the loss of 18 lives. The incidents have spurred the Corps Marshal of the Federal Road Safety Corps, Dauda Biu, to denounce the use of substandard tires and reckless speeding by drivers across Nigerian roads. In a statement released by the corps spokesperson, Jonas Agwu, on Friday, Biu urged motorists to prioritize safety and adhere to traffic regulations. Reports submitted to the Corps Marshal indicate that the crash at Gaya Junction, involving a Toyota Hiace bus and a Hijet bus with license plates KTG 190 XB and KTG 501YG respectively, was attributed to speeding and a tire burst. This collision resulted ...

The commencement of test runs for Redline Rail from Agbado to Iddo in seven days – Lagos Govt

19Apr

By Mariam AbdullahiNo Comments

News

The commencement of test runs for Redline Rail from Agbado to Iddo in seven days – Lagos Govt

A week-long test run for the Redline Rail from Agbado to Iddo will soon be initiated, as announced by the Lagos State Commissioner for Information and Strategy, Mr. Gbenga Omotoso. Omotoso disclosed this information during a press briefing held on Thursday to mark the commencement of the 2024 Ministerial Press Briefing by the State’s Ministries, Directorates, and Agencies. This annual program provides an opportunity for members of the State Executive Council to present reports on their performance to the people of Lagos. Throughout the test run period, the train will be open to various groups and stakeholders who will have the chance to experience the service it offers. Besides, plans are underway to enhance the connectivity of roads to the rail and ferry terminals to ensure seaml...

Wolves’ Squad Injured, Depleted Ahead of Arsenal Showdown in EPL

19Apr

By Ofomata EdidiongNo Comments

Sports

Wolves’ Squad Injured, Depleted Ahead of Arsenal Showdown in EPL

Concerns loom over Wolves' team as they prepare to face Arsenal, with manager Gary O’Neil revealing that Rayan Ait-Nouri and Hwang Hee-chan may not be fit enough for the starting lineup. Adding to their woes, Matheus Cunha, Pedro Neto, Nelson Semedo, and Craig Dawson are all sidelined due to injuries. Arsenal, coming off a disappointing 2-0 loss to Aston Villa, are eager to turn things around against a Wolves team plagued by fitness issues. O’Neil, speaking to the press on Friday, disclosed the challenges he faces: “I’ve got a limited pool of 10 senior outfield players available to start the match." Addressing Rayan's status, he expressed optimism: “Rayan may make the bench. While he trained outside today and is in good spirits, he may not be able to sustain a full game." He adde...

Manchester United faces potential injury woes ahead of Coventry FA Cup clash

19Apr

By Ofomata EdidiongNo Comments

Sports

Manchester United faces potential injury woes ahead of Coventry FA Cup clash

Concerns loom over the fitness of key Manchester United players, particularly Harry Maguire, as they gear up to take on Coventry in the upcoming FA Cup semi-final. As the Red Devils prepare for the crucial match, manager Erik ten Hag finds himself grappling with several defensive setbacks. The likes of Raphael Varane, Lisandro Martinez, Luke Shaw, Victor Lindelof, Jonny Evans, and Tyrell Malacia are already sidelined, exacerbating United's defensive woes. Maguire's availability is also hanging in the balance, given his absence from training sessions earlier in the week. Addressing the press on Friday, ten Hag expressed, "We are facing some challenges, as I previously mentioned. Harry [Maguire] encountered some difficulties during the Bournemouth game due to a minor injury. He has been...

<article>
<header>
Xhaka Reveals Team He Believes Can Win EPL Title

19Apr

By Ofomata EdidiongNo Comments

Sports

Xhaka Reveals Team He Believes Can Win EPL Title

Granit Xhaka, currently playing for Bayer Leverkusen, expressed his confidence in Arsenal's ability to clinch the Premier League trophy. Arsenal is currently positioned second in the league standings, trailing Manchester City by just two points. Xhaka, in a message to his former colleagues, is optimistic about their chances in the remaining five matches of the season. In an interview with the UK Mirror, Xhaka said, "In football, a single loss amid a streak of 10 or 11 unbeaten games doesn't signify defeat. With six games remaining in the season, Arsenal still has a significant opportunity to secure the Premier League title." He added, "While Arsenal is on the verge of success this year, similar to the previous season, the outcome often hinges on subt...

Xhaka Expresses Optimism for Arsenal’s Title Hopes in the EPL

19Apr

By Ofomata EdidiongNo Comments

Sports

Xhaka Expresses Optimism for Arsenal’s Title Hopes in the EPL

Granit Xhaka, the Bayer Leverkusen midfielder, believes that Arsenal still have a shot at winning the Premier League title. Arsenal currently sits in second place, trailing Manchester City by two points as they enter the final five fixtures of the season. Xhaka has conveyed his support to his former colleagues as they aim to improve on their performance from last season. Reflecting on the team's recent form, Xhaka remarked, "This is part of the game. I think it was a run of 10 or 11 unbeaten games. Losing one game doesn't mean that all is lost already." He added, "With six games remaining in the Premier League, there is still a significant opportunity to clinch the title." Sharing his thoughts on Arsenal's chances, Xhaka commented, "Can Arsenal win the title? They are very close this ...

Benue Illegal Miners to Receive Tough Sanctions, Minister Warns

19Apr

By Mariam AbdullahiNo Comments

Headlines

Benue Illegal Miners to Receive Tough Sanctions, Minister Warns

Ensuring a thorough investigation into alleged illegal mining activities in Benue State, the Minister of Solid Minerals Development, Dr. Dele Alake, has issued a stern warning. He stated that individuals found to be involved will face severe consequences as per the law. On Friday, following submissions from representatives of affected mining operators and relevant mines inspectorate officials from the state, the minister made this declaration. Several weeks ago, a video surfaced showing 15 trucks loaded with minerals, purportedly uranium extracted from Kwande Local Government in Benue State, creating a stir. In response, the minister initiated a discreet investigation by the Mines Inspectorate, revealing that the incident stemmed from rivalry between firms seekin...

Concerns raised by stakeholders regarding cult-related killings in Anambra

19Apr

By Mariam AbdullahiNo Comments

Headlines

Concerns raised by stakeholders regarding cult-related killings in Anambra

In Awka, the capital of Anambra State, residents are increasingly worried about the rising number of killings occurring in the city and its surroundings. The ongoing violence is creating significant challenges for residents and impacting commercial and economic activities in the area. Since Easter Sunday, there have been frequent clashes between rival cult groups leading to multiple deaths in Awka, with reports of over 15 fatalities in various locations. On a Wednesday evening, an individual was shot at a petrol station in Aroma Roundtable, Awka. Following that, on Thursday morning, another person believed to be a traffic official was fatally shot in front of a motor park near the Aroma roundabout. It has ...

Details of Chelsea Team Meeting Revealed by Pochettino Ahead of Man City Clash

19Apr

By Ofomata EdidiongNo Comments

Sports

Details of Chelsea Team Meeting Revealed by Pochettino Ahead of Man City Clash

Chelsea's manager, Mauricio Pochettino, recently disclosed that he organized a comprehensive meeting with his squad and staff emphasizing the significance of discipline. This meeting stemmed from an incident during the 6-0 victory against Everton where a dispute arose among the players regarding a penalty kick. Despite Cole Palmer's four-goal feat in the game, a scuffle ensued between Nicolas Jackson and Noni Madueke over a second-half penalty, which required Conor Gallagher to intervene. Gallagher then handed the ball to Palmer, the designated penalty taker for the team. Looking ahead to the upcoming FA Cup clash against Manchester City, Pochettino confirmed that he addressed the entire team regarding the incident. "Following the match, I expressed my sentiments during a collective me...