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Monday, 21 March 2022 06:31

China 'won't be coerced by US' on its ties with Russia - Official

After the video call between Chinese and US top leaders, the US side and Western media are trying to hype a narrative that Washington is warning Beijing that any attempt "to provide military support" to Moscow would bring consequences. However, Chinese experts said such a ridiculous approach is an arrogant and useless coercion that is doomed to fail, and China has strong confidence in its foreign policy on the Ukraine issue and it will not be coerced by anyone. China's position on the Ukraine issue is objective and fair, and time will prove that it is on the right side…

Sunday, 20 March 2022 06:31

What to know after Day 24 of Russia-Ukraine war

Ukraine’s southern port city of Mariupol was again the site of intense combat on Saturday as Russian forces bombarded the city, damaging a major steel plant. One local police officer pleaded to the West for help, saying Mariupol has been “wiped off the face of the earth.” Mariupol, a city of 430,000, has been the site of some of the war’s greatest suffering. Ukrainian President Volodymyr Zelenskyy said early Sunday that what Russian forces did to the peaceful city “is a terror that will be remembered for centuries to come.” In his nightly address to the nation, Zelenskyy said Ukraine…

Saturday, 19 March 2022 06:13

Despite poor funding of existing ones, N’Assembly initiates laws to establish 186 federal universities

Academic Staff Union of Universities has kicked against the initiation of new bills for the creation of new universities in Nigeria. ASUU wondered why the government would push for the creation of new universities while ignoring the existing ones currently in dilapidated states. National Universities Commission, the regulatory body of universities in Nigeria, puts the total number of federal universities at 49; state-owned universities, 55, and private-owned universities, 99. Though NUC had earlier argued that the number of universities and lecturers in the country might not be enough to cater for the academic needs of Nigerians, ASUU told the government…

Saturday, 19 March 2022 06:11

FG will effect court ruling deleting section 84 (12) of Electoral Act - Malami

Abubakar Malami, attorney-general of the federation (AGF), says the federal government will effect a judgment which ordered the removal of section 84 (12) of the amended Electoral Act, 2022. President Muhammadu Buhari had assented to the electoral act amendment bill on February 25. He, however, asked the national assembly to delete section 84 (12) of the act, which reads: “No political appointee at any level shall be a voting delegate or be voted for at the convention or congress of any political party for the purpose of the nomination of candidates for any election.” On March 9, the senate rejected…

Saturday, 19 March 2022 06:10

Buhari returns to Abuja after trip to London for medical checkup

President Muhammadu Buhari has returned to Nigeria after spending close to two weeks in London, United Kingdom, for a medical checkup. The president arrived the Nnamdi Azikiwe International Aiport, Abuja on Friday night. Buhari had departed Nigeria for London on March 6 for “routine medical checks” according to Femi Adesina, presidential spokesman. Ibrahim Gambari, chief of staff; Muhammed Bello, FCT minister; Sulieman Adamu, minister of water resources; Hassan Sanusi, DIG of police and Yusuf Bichi, director-general of the Department of State Services (DSS), were among those who welcomed the president at the airport. The Cable

Saturday, 19 March 2022 06:09

Broadcasters warn of imminent collapse of Radio, TV stations nationwide due to soaring energy, other costs

PRESS RELEASE There are ominous signs that danger of high magnitude is looming in Nigeria as the conventional media, that has been the key factor in maintaining political stability, security and peace of the country is under serious threat due to the harsh economic environment 1. Even before the announcement of the collapse of the National Electricity Grid, public power supply had been epileptic, at best, and bills for the non-available power supply kept and keeps rising unabated. 2. There is a lingering scarcity of petroleum products and diesel, which fuels the generating sets of these organisations, has more than…

Saturday, 19 March 2022 06:08

What to know after Day 23 of Russia-Ukraine war

Russian President Vladimir Putin praised his country’s troops at a huge flag-waving rally in Moscow as Russian forces strike Ukrainian cities from a distance again, pounding the capital of Kyiv and the country’s west. The war is now in its fourth week. Russian troops have failed to take Kyiv — a major objective in their hopes of forcing a settlement or dictating Ukraine’s future political alignments — but have wreaked havoc and devastation. The U.N. migration agency says the fighting has displaced nearly 6.5 million people inside Ukraine, on top of the 3.2 million refugees who have already fled the…

Saturday, 19 March 2022 06:07

Russia-Ukraine war: Putin lays out his demands in phone call with Turkish president

Turkey has positioned itself with great care to be the go-between with Russia and Ukraine - and this seems to be paying off. On Thursday afternoon, President Vladimir Putin rang the Turkish President, Recep Tayyip Erdogan, and told him what Russia's precise demands were for a peace deal with Ukraine. Within half an hour of the ending of the phone call, I interviewed Erdogan's leading adviser and spokesman, Ibrahim Kalin. Kalin was part of the small group of officials who had listened in on the call. The Russian demands fall into two categories. The first four demands are, according to…

Saturday, 19 March 2022 06:06

Putin appears at huge pro-war rally in Moscow

Russian President Vladimir Putin appeared at a massive rally in Moscow Friday, applauding his troops as they continued pounding Ukrainian cities with shelling and missiles. "We know what we need to do, how to do it and at what cost. And we will absolutely accomplish all of our plans," Putin, wearing a white turtleneck and a blue jacket, told the crowd gathered in and around Luzhniki Stadium. Approximately 200,000 people were in attendance, many waiving Russian flags, according to Russian police and state-run media. Putin praised his soldiers at the celebration to mark the eighth anniversary of Russia's seizure of…

Saturday, 19 March 2022 06:04

Xi urges US, NATO to talk with Russia, opposes indiscriminate sanctions

Chinese President Xi Jinping encouraged the US and NATO to have conversations with Russia to solve the problems behind the Ukraine crisis, and expressed opposition to indiscriminate sanctions, during his video meeting with US President Joe Biden on Friday. The Ukraine crisis is not something we want to see, and the events again show that countries should not come to the point of meeting on the battlefield. Conflict and confrontation are not in anyone's interest, and peace and security are what the international community should treasure the most, Xi said. After Biden said the US does not seek a new…

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Friday, 18 March 2022 06:28

Nigeria’s debt approaches N40trn as FG, states borrowed N6.6trn in 2021 - DMO

Debt Management Office (DMO) says Nigeria’s total public debt stock climbed to N39.556 trillion in 2021 against N32.915 trillion in the previous year. Patience Oniha, director-general of DMO, said this on Thursday at a media briefing in Abuja. Oniha said the total debt includes new borrowings by the federal government and the sub-nationals. She added that the amount helped in financing the budget deficit, capital projects and support economic recovery. “Nigeria’s total public debt as at December 31, 2021, was N39.556 trillion or $95.779 billion. The amount represents the total external and domestic debts of the Federal Government of Nigeria…

Friday, 18 March 2022 06:27

FG raises another $1.25bn through Eurobonds

Nigeria has raised a $1.250billion seven-year Eurobond in the International Capital Market (ICM). Debt Management Office (DMO) announced in a statement Thursday night that the Eurobond offer was launched at an initial price of 8.75 per cent per annum, adding that on the back of strong investor demand, Nigeria was able to revise the price guidance to 8.5 per cent per annum. According to the DMO, the Order Book continued to grow, reaching a peak of $4 billion. The Order Book included many quality investors in the United States, Europe and Asia. “With this strong investor interest, the price was…

Friday, 18 March 2022 06:26

Soludo makes first appointments, promises to nominate Commissioners within one week

Less than six hours after his inauguration as the sixth Governor of Anambra, Charles Soludo has announced the appointment of three persons into his administration. The statement containing the new appointments was released to reporters by Soludo’s media aide, Joe Anatune, on Thursday in Awka. The statement announced the appointment of Osita Chukwulobelu, a professor, as Secretary to the State Government (SSG) and Chukwudi Okoli as the Accountant General, while Chinedu Nwoye has been appointed as the deputy chief of staff/state chief of protocol. Soludo, a former governor of Central Bank of Nigeria, was sworn-in earlier on Thursday in a…

Friday, 18 March 2022 06:24

What to know after Day 22 of Russia-Ukraine war

Russian forces largely bogged down outside major cities in Ukraine have turned to shelling them from a distance, including dozens of confirmed attacks on health facilities during the war that on Thursday entered its fourth week. A Russian airstrike before dawn Thursday killed 21 people and destroyed a school and community center in Merefa, near the northeast city of Kharkiv, officials said. Foreign ministers of the Group of Seven leading economies said in a joint statement that Russian President Vladimir Putin is conducting an “unprovoked and shameful war.” The fighting has led more than 3 million people to flee Ukraine,…

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