Friday, April 19

Successful Police Operation in Katsina; Suspected Bandit Neutralised
19Apr By Ofomata EdidiongNo Comments
Metro

Successful Police Operation in Katsina; Suspected Bandit Neutralised

In Katsina State, police officers have successfully thwarted an attack on Sabuwa town, the administrative center of Sabuwa local government area, by neutralizing a suspected bandit Providing details to reporters in Katsina on Thursday, Police spokesperson, ASP Abubakar Aliyu, highlighted the successful operation. According to him, a report was received on April 17, 2024, indicating that a group of suspected bandits, heavily armed with AK-47 rifles and riding motorcycles, were heading towards Sabuwa town with malicious intent. Upon receiving this information, the DPO Sabuwa promptly assembled a team of officers, comprising personnel from Operation Sharan Daji and the Community Watch Corps, to respond to the threat. Aliyu stated, “A confrontation ensued between the law enforcement team ...
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Reasons behind Nigeria government’s issuance of N8 trillion treasury bills explained by Finance Minister, Edun
19Apr By Afolake IbidunNo Comments
Business

Reasons behind Nigeria government’s issuance of N8 trillion treasury bills explained by Finance Minister, Edun

Stabilizing and boosting the economy were cited as the primary reasons by Minister of Finance, Wale Edun, for the Nigerian Government's issuance of N8 trillion in government securities, also known as treasury bills. During the International Monetary Fund, IMF/World Bank spring meetings in Washington D.C., United States of America, Edun revealed this information to journalists on Thursday. Highlighting the collaboration between the fiscal authority and the Central Bank of Nigeria, CBN, Edun emphasized their efforts to attract foreign investment through the issuance of securities. Explaining the process, Edun stated, “A significant portion of the securities sold results in inflow of dollars, which are then exchanged for naira to be invested in securities.” Edun further elaborated, “Out ...
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Citibank provides NPA with $700m facility for Apapa, Tin-Can Ports upgrade
19Apr By Afolake IbidunNo Comments
Business

Citibank provides NPA with $700m facility for Apapa, Tin-Can Ports upgrade

A loan amounting to $700 million from Citibank has been secured by the Nigerian Ports Authority (NPA) to rehabilitate the Apapa and Tin-Can Island ports in Lagos. The funding for this project will be facilitated by the UK Export Finance (UKEF), an export credit agency. Additionally, discussions have been initiated with another funding agency to acquire financial support for the enhancement of the Eastern Ports which include Calabar, Warri, Onne, and Rivers Ports. This also involves the reconstruction of Escravos breakwater. During the signing of the mandate letter with Citibank Nigeria in Lagos, Mohammed Bello-Koko, the managing director of NPA, highlighted that the final review and approval of the mandate letter will be conducted by the Debt Management Office. He emphasized that t...
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The NFF has shortlisted three coaches for the Super Eagles’ coaching role
19Apr By Ofomata EdidiongNo Comments
Sports

The NFF has shortlisted three coaches for the Super Eagles’ coaching role

Reports from NewsNow indicate that former international players Emmanuel Amuneke, Domenec Torrent, and Antonio Conceicao are the final three candidates being considered for the Super Eagles coaching position. According to a reliable source within the Nigeria Football Federation (NFF), the technical committee has submitted the names of these coaches to the executive committee. "Among the foreign coaches, Torrent is the top choice followed by Conceicao," the source revealed. Regarding the local coaches, Amuneke is seen as the most qualified with significant experience, setting him apart from his peers. The source also mentioned, "There is a preference for a foreign coach by the majority of the board members, while some are in favor of hiring a local coach." It is likely that one of these...
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Surge in Oil Prices Amid Rising Tension Between Israel and Iran
19Apr By Afolake IbidunNo Comments
Business

Surge in Oil Prices Amid Rising Tension Between Israel and Iran

Following the escalation of conflict between Israel and Iran, the price of Brent crude has risen to $90.54 per barrel, up from $87 just days ago. On Friday, oil prices experienced a significant 3.94% increase as Israel conducted a retaliatory strike in Iran, sparking concerns of a potential full-blown war in the Middle East. Additionally, US West Texas Intermediate (WTI) crude futures saw a spike of 4.06%, reaching $86.09. A US official, speaking to NBC News, confirmed Israel's retaliatory operation in Iran. Reports suggest that explosions were heard at an airport in Isfahan, leading to the diversion of several flights over Iranian airspace. Notably, just five days prior, Iran had launched hundreds of drones towards Israel.
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Grandmother in Lagos arrested for locking up 3 infants, Police intervene
19Apr By Ofomata EdidiongNo Comments
Metro

Grandmother in Lagos arrested for locking up 3 infants, Police intervene

On Thursday, in the Agodo-Egbe, Ikotun area of Lagos State, the Lagos State Police Command successfully rescued three infants who were found locked in a room by their grandmother. The grandmother, identified as Fatimo Ganiyu, was apprehended by the police spokesperson, SP Benjamin Hundeyin. The children, a girl and two boys aged between two and four years old, were discovered in a malnourished state, dressed only in diapers at the time of their rescue. The motive behind the grandmother's actions remains undisclosed. According to SP Benjamin Hundeyin, the information about the children being locked up reached the Ikotun Division around 4:00 pm. The Divisional Police Officer promptly led a team of anti-crime detectives to the location to rescue the children, who seemed malnourished and ...
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Tragic Incident: Kenya Loses Military Chief and Nine Soldiers in Helicopter Accident
19Apr By Mariam AbdullahiNo Comments
News

Tragic Incident: Kenya Loses Military Chief and Nine Soldiers in Helicopter Accident

The recent helicopter crash in Kenya has resulted in the heartbreaking loss of the country's Armed Forces Chief, General Francis Ogolla, along with nine other military personnel. Kenyan President, William Ruto, made this devastating announcement during a press briefing on Thursday, followed by the declaration of three days of national mourning. Details have emerged indicating that the tragic incident occurred in the Elgeyo Marakwet district in the western part of the country, shortly after the helicopter departed from Chesegon village. The high-profile military group was on a visit to Kenyan soldiers in the region when the crash took place. The exact cause of the accident remains unclear as investigations are ongoing. Reports indicate that out of the 12 individuals onboard the helicopt...
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19Apr By Mariam AbdullahiNo Comments
News

Adeleke Initiates Logo Competition in Response to Criticism of New Osun Logo

Osun State Governor, Ademola Adeleke, has instructed a competition for crafting a new logo. Entries are open for submission from April 19 to 26. The decision follows backlash from opposition parties and the public regarding the recently unveiled Osun State logo by the government. On a recent occasion, Governor Adeleke endorsed a bill introducing the new state logo. Adeleke emphasized that the new emblem signifies a fresh beginning for the state. In July 2023, the Osun State House of Assembly revoked the State Anthem, Crest and Flag Law 2012, replacing it with a law that authorized the government's executive branch to create a new logo for the state. The governor announced that more entries would be accepted for the logo competition. According to a st...
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‘Liverpool could greatly benefit from Osimhen’s presence’
19Apr By Mariam AbdullahiNo Comments
Headlines

‘Liverpool could greatly benefit from Osimhen’s presence’

Former Liverpool defender, Steve Nicol, has expressed his strong recommendation for Liverpool to make a bold move in acquiring Napoli striker, Victor Osimhen, according to PUNCH Sports Extra reports. Osimhen, who transferred from Lille to Napoli in 2020, recently secured an improved contract with the Italian club last December, boosting his monthly earnings to €1.5m, which is nearly double his previous salary. Despite finalizing a new deal that includes a release clause worth £113m, the Nigerian international has garnered significant interest from various top clubs in Europe. This surge in attention comes after his impressive performance last season, where he scored 31 goals in 39 matches and crucially assisted Napoli in securing their first league title in over thirty year...
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Victor Boniface’s Reaction to Bundesliga 2023/24 XI Shortlist
19Apr By Mariam AbdullahiNo Comments
Headlines

Victor Boniface’s Reaction to Bundesliga 2023/24 XI Shortlist

A notable figure in the Super Eagles squad, Victor Boniface, expressed his joy upon receiving a nomination for the prestigious 2023/24 Bundesliga Team of The Season, according to a report by PUNCH Sports Extra. The announcement of the nominees was made via a statement on the league’s official website on Wednesday. Subsequently, Bayer Leverkusen, Boniface's club, shared the news of eight of their players making it to the shortlist on X, previously known as Twitter, the following day. Celebrating this achievement, the club posted on their social media platform, "He scores goals, Boniface!" In response, Boniface shared his club's post and remarked, "Not a bad start to my career." Among the nominees, the 23-year-old striker found himself alongside five goalkeepers, 1...
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