Peter Obi Pays Condolence Visits to Tijani Babangida After Fatal Road Accident (Photos)

By Chris Udochukwu. ABUJA – Presidential candidate of the Labour Party (LP) in the February 25, 2023 general election, Peter Obi has paid a condolence visit to ex-Super Eagles player, Tijani Babangida over the death of his son and his younger brother, Ibrahim Babangida, former Under 17 World Champion, on a tragic road accident. Babangida was also involved in that fatal accident which occured in Kaduna last month. The former Anambra state governor who took to his X account to disclosed this with pictires said: “Today, I visited the Ex-Super Eagles star, Tijiani Babangida, who was involved in a fatal road accident last month in Kaduna. I went to condole with him on the sad loss of his son and his younger brother, Ibrahim Babangida, former Under 17 World Champion, to the tragic accident.” Precise Post recaĺls that Tijani Babangida who was born on 25 September 1973 is a former Nigerian football player. He has played for Nigeria national team. Babangida was especially praised for his dribbling on the field and his speed as an attacker on the flanks. Known …

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Cross River Assembly passes 28 laws in 12 months

CALABAR- The Cross River House of Assembly has passed 28 laws within the last 12 months, Dr Davies Etta, the Deputy Majority Leader of the House, has said. Etta, the lawmaker representing Abi Constituency, disclosed this in an interview with the News Agency of Nigeria (NAN) on Thursday, in Calabar. NAN reports that the 10th Assembly was inaugurated on June 13, 2023. Etta explained that from the 28 laws, only eight had been assented to by the governor, Sen. Bassey Otu. He noted that the 10th Assembly represented the hope and aspirations of Cross Riverians, as all the laws, motions and oversight functions of the assembly were all people oriented. “Members of the 10th Assembly have been nothing but dutiful and people oriented as laws passed, motioned moved, and oversight function are factored to have direct impact on the people. “Aside the 28 laws passed, several others are at various stages of being passed; some have gone through the first reading, some second reading and some at the committee level,” he said. The Abi representative debunked the claim that the assembly …

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NDLEA arrests intending pilgrims with cocaine in Lagos

LAGOS- Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested four intending pilgrims to Saudi Arabia with cocaine consignments in Lagos. Mr Femi Babafemi, spokesman for the NDLEA, said this in a statement on Thursday in Abuja. Babafemi said NDLEA operatives had raided Emerald Hotel, Ladipo, Oshodi, Lagos State, on June 5. He said the intending pilgrims were caught in the act of ingesting wraps of cocaine ahead of their flight to the holy land. According to him, those arrested during the intelligence-led operation include Usman Kamorudeen, 31; Olasunkanmi Owolabi, 46; Fatai Yekini, 38 and a lady, Ayinla Kemi, 34. “The four suspects were lodged in two rooms in the hotel where they had prepared 200 pellets of cocaine weighing 2.20 kilograms to swallow when NDLEA officers stormed their rooms. “100 wraps of the Class A substance were recovered from each of the two rooms bringing the total seizure to 200 wraps. Two suspects were to swallow 100 wraps each,” he said. Babafemi quoted the NDLEA Chairman, retired Brig.-Gen. Buba Marwa, as commending the commander, officers and men …

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Eid el-Adha: Yobe microfinance bank unveils N150m ram loan

DAMATURU- Yobe Microfinance Bank says it has initiated a N150 million facility to enable its customers purchase animals for sacrifice during the Eid el-Adha celebration. Dr Sheriff Almuhajir, the Managing Director/Chief Executive Officer (CEO) of the bank, stated this in an interview with the News Agency of Nigeria (NAN), on Thursday in Damaturu. Eid el-Adha (Feast of Sacrifice) is the second of the two main holidays celebrated in Islam. It’s being observed on the 10th day of Dhul Hijja (the 12th month of Islamic Calender), to commemorate Prophet Ibrahim’s (Abraham) devotion to sacrifice his son as an act of obedience to God’s command. Muslim faithful across the globe celebrate the day by animal sacrifice such as ram, sheep, cattle and goat. According to Almuhajir, the facility will be implemented under its Sallah Ram Loans scheme, adding that it would be disburse into category A & B, with customers on category A accessing N150,000 while N75,000 for those on category B. He said the loan would be repaid through monthly repayment of N6,000 for customers on category A and N3,300 for …

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Naira Abuse: Lawyer calls for amendment of CBN Act

ABUJA- Prof. Cyprian Edward-Ekpo, Director General, Institute of Law Research and Development of United Nations (ILAWDUN), Washington DC, has advocated the amendment of Central Bank of Nigeria (CBN) Act to accommodate spraying of naira. Edward-Ekpo said this during an interview with the News Agency of Nigeria (NAN) in Abuja on Thursday. He said the section of CBN Act 2007 which prohibits the spraying of naira would not add any value to the development of the country. He said the amendment became necessary to avoid trampling on the fundamental right of the people, adding that naira spraying had always been part of our culture. According to him spraying naira does not contribute negatively to the nation’s economy neither does it aggravate inflation. “So I don’t see how that should be an issue that will lead to the enactment of Section 21 of the CBN Act. “During our forefathers when people were engaging in marriages, naming ceremonies and they invited kings, family members and others, they would dance and the people would drop money for the celebrants’’, he said. This, according to …

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Manchester United Retains Musa, Oyedele, Ogunenye for Next EPL Season

Manchester United have decided to retain the services of three players eligible for Nigerian national teams in the persons of Habeeb Ogunneye, Max Oyedele and Victor Musa. The players are among those to make the Red Devils’ U24 team for next season. Others in the team include Kobbie Mainoo, Alejandro Garnacho, Mason Greenwood and Rasmus Hojlund. Ogunneye made the matchday squad on nine occasions for the Red Devils last season but did not feature in any game. The 18-year-old made his Premier League 2 debut against Crystal Palace last August. Meanwhile, Musa and Oyedele are still waiting to be named in the senior squad but are taking positive steps in their development. They will be hoping that in a matter of time, Erik ten Hag would find them worthy to play among the senior players at Old Trafford.

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25 Suspects Arraigned for Oyo Varsity Student’s Murder

No fewer than 25 suspected killers of Alex Timileyi, a 200-level engineering student at Ajayi Crowther University who was clubbed to death by his colleagues on May 24, 2023, over a claim that he stole a mobile phone, were arraigned on Wednesday before the Chief Magistrate in Oyo State. This was continued in a court document obtained by newmen on Wednesday. Timileyi was allegedly beaten on May 24 until he passed away inside a hostel known as Shepherd Inn on the school premises by the suspects. The deceased was also said to have had his hair forcefully shaved by his assailants after he was reportedly caught with the stolen mobile phone. Following the incident, the management announced the expulsion of some of the students believed to have taken part in the crime and subsequently handed them over to the police in the state for prosecution. An X.com user, “Lord of Warri,” who claimed to be a relative of the deceased, had earlier petitioned the Oyo State Governor, Seyi Makinde, urging him to ensure that those behind the alleged murder were …

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Israeli Air Strike Kills 27 at UN School in Gaza

An Israeli air strike on a UN school in central Gaza has resulted in the deaths of more than 27 displaced people, according to residents. The school, located in the Nuseirat refugee camp, was housing hundreds of people who had been displaced by ongoing conflict. The Israeli military confirmed the strike, stating it targeted a “Hamas compound” within the school. Local journalists reported that two missiles were fired at classrooms on the top floor of the school by an Israeli warplane. The Hamas media office reported at least 27 fatalities from the strike and accused Israel of perpetrating a “horrific massacre.” Ambulances and rescue teams were seen rushing to transport the injured and deceased to a nearby hospital. Social media footage displayed the aftermath, with destroyed classrooms and bodies wrapped in shrouds. An injured woman, speaking in one video, cried out, “Enough war! We have been displaced dozens of times. They killed our children while they were sleeping.” Ismail al-Thawabta, the director of the Hamas media office, denied Israeli claims that the school concealed a Hamas command post. “The occupation …

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Morocco: Eight Die from Drinking Bootleg Alcohol

Eight people in Morocco have died and dozens of others were hospitalised after drinking homemade liquor, the health ministry said on Wednesday. “Serious complications from poisoning” led to the death of eight people in the town of Sidi Allal Tazi, about 100 kilometres (over 60 miles) north of Rabat, said the regional health directorate. More than 100 people in the town suffered from alcohol poisoning between Monday and Wednesday from consuming methanol, it said in a statement, with the health of 81 still being monitored. Authorities said two suspects, aged 21 and 41, had been identified as those responsible for the bootleg alcohol and were among those hospitalised. Homemade alcohol caused seven deaths in central Morocco’s Meknes last year and 19 deaths in the northern city Ksar El Kebir in 2022. Moroccan law technically prohibits the sale of alcohol to Muslims, who make up 99 per cent of the country’s population. But it can easily be found in bars, restaurants or even in licensed stores which offer it for sale behind opaque windows and thick curtains.

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2026 WCQ: Port Harcourt Airport Stranding Leaves Bafana Bafana Stuck

Players and officials of Bafana Bafana of South Africa spent the night in Port Harcourt as they were unable to travel to Uyo for their 2026 FIFA World Cup fixture against Nigeria. The contingent arrived Port Harcourt from Johannesburg on Wednesday night. They were however unable to travel to Uyo because the airport had closed by the time the team was scheduled to take off. Hugo Broos’ side are now expected to make the trip to Uyo on Thursday morning. The team will have a feel of the Godswill Akpabio International Stadium Uyo later this evening. The encounter is slated for the ground at 8pm on Friday.

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Main Reason why I moved my business from South East to Lagos – Cubana Chief Priest

Businessman and socialite Pascal Okechukwu, popularly known as Cubana Chief Priest, has revealed that the insecurity in the Southeast forced him to relocate his business to Lagos State. He disclosed this in a recent interview with BBC Igbo. The socialite lamented that the fear of kidnapping and killing had driven away customers from the East, who previously visited home regularly. He said: “There is widespread hunger in the South-East. It is our own community members who provide criminals with information. “Our people began targeting the wealthy, so the wealthy stopped returning home during festivities. That’s why I moved to Lagos to conduct my business.”

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2024: Nigeria’s Current Account Balance Above $1.432bn – IMF Report

ABUJA – The International Monetary Fund (IMF), says Nigeria’s current account balance has experienced a surplus of $1.432 billion in 2024.  IMF in a report, ‘World Economic Outlook Database’ noted that the increase in the Federal Government’s account for the period was an improvement from the $1.21 billion surplus recorded in 2023. In 2024, Nigeria’s gross national savings increased to 26.32 percent of Gross Domestic Product, up from 24.61 percent in 2023. Total investment also rose to 25.75 percent of GDP in 2024, compared to 24.28 percent in 2023, according to the report. A country’s current account balance represents the combined total of its trade balance, net income, direct transfers, and asset income, providing a comprehensive picture of its international economic transactions.

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Bill To Make Provisions For Nigeria Gold Reserve Industry Framework Scales Second Reading

By Chris Udochukwu ABUJA – Senate on Wednesday at plenary passed for second reading, A Bill For An Act To Make Provisions For Nigeria Gold Reserve Industry Framework, And Other Related Matters. The bill was sponsored by Senator Natasha Akpoti-Uduaghan (PDP/Kogi Central). In her lead debate, Senator Natasha said the Nigerian Gold Reserve Bill represents a proactive step towards harnessing and maximising the potential of Nigeria’s gold reserves by establishing a robust framework for the harnessing, exploitation, and marketing of gold. She noted that central banks globally have been increasing reserves held in gold as a hedge against currency volatility and geopolitical risks. “Gold reserves are critical for the economic stability of a country, acting as a reliable store of value, particularly during financial uncertainties. “Before the fall of the Naira, that we are now experiencing the negative effects, one Naira was equivalent to one Dollar or even greater at a time. This was because the value of the Naira was measured against Gold. “By virtue of Section 2 of the Financial Agreement (Decimal Currency) Act (the Act that established …

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Come Clean on Actual Position of Subsidy Policy – Atiku Charges Tinubu

….Paying subsidies and lying about it is nothing to brag about By Chris Udochukwu ABUJA – Presidential candidate of the Peoples Democratic Party (PDP) in the February 25, 2023 general election, Atiku Abubakar has charged President Bola Tinubu to come out clean on the actual position of the subsidy policy. Atiku who gave the charge while reviewing the one year of the Bola Tinubu administration, added that paying subsidies and lying about it is nothing to brag about. According to the former Vice President, the expenditure on fuel subsidy may reach N5.4 trillion in 2024, compared to the N3.6 trillion spent in 2023, the same year that Tinubu claimed to have abolished fuel subsidy. Turaki Adamawa said like millions of Nigerians, he was shocked to learn through media reports that the “government is still supporting downstream consumption.” Stressing that Nigerians deserve better than this deception. He stated this when he took to his X account on Wednesday. He said: President Bola Tinubu, at his inauguration on May 29, 2023, announced the abolishment of the subsidy on PMS, popularly known as …

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