THE United Kingdom has promised to send troops to Ukraine as part of security guarantees lacked substance, and demonstrated a poor understanding of the geopolitical shift that was changing the world. Experts told RIA Novosti on Thursday. On Sunday, UK Prime Minister, Keir Starmer, said that the UK was ready …
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The Central Bank of Nigeria (CBN) has retained the interest rate at 27.50 per cent. This was after the Monetary Policy Committee (MPC) of the CBN, on Thursday, February 20, 2025, voted unanimously to retain the Monetary Policy Rate (MPR), which is the baseline lending rate, at 27.50 per cent. …
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The Economic and Financial Crimes Commission (EFCC) has arraigned a lawyer, Alexander Uchenna Ozougwu, before the Federal High Court sitting in Uyo, the capital of Akwa Ibom State, for allegedly defrauding his victims to the tune of N1,323,850,000 through a bogus foreign exchange investment scheme. The lawyer was arraigned on …
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THE FBI has arrested Nigerian Pastor Edward Abiodun Oluwasanmi for conspiring with Osun monarch, Oba Joseph Oloyede, to defraud the U.S. government of $4.2 million COVID-19 relief funds. Like the Apetu of Ipetumodu, Mr Oluwasanmi also submitted forged documents to apply for the COVID-19 loans meant to lessen the financial …
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THE Nigerian Upstream Petroleum Regulatory Commission (NUPRC), along with major stakeholders in the country’s oil and gas sector, met in Abuja, on Wednesday, to discuss and fine-tune issues related to domestic crude supply obligations between producers and refiners. The meeting aimed to enhance Nigeria’s energy security. The gathering, which has …
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THE Police Command in Ebonyi has apprehended two suspects for allegedly stealing a Samsung phone, an iPhone 13 Pro Max, a power bank, and some clothing worth over N1.5 million. SP Joshua Ukandu, Spokesperson of the command, disclosed this to the News Agency of Nigeria (NAN) in Abakaliki on Thursday. …
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PRESIDENT Bola Tinubu has approved the appointment of Dr Saviour Enyiekere as Chairman of the National Assembly Service Commission (NASC) for a five-year renewable term. Until his appointment, Enyiekere, an environmental specialist, was the deputy chief of staff to the Senate President, Mr Bayo Onanuga, Special Adviser to the President, …
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POPE Francis could consider resigning if his health deteriorates, Italian Cardinal Gianfranco Ravasi said in a radio interview on Thursday. “If he found himself in a situation where he was compromised in his ability to have direct contact with people, then I believe he might consider resigning,” Ravasi said. He …
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THE World Bank has earmarked 60 million dollars to benefit 75,000 Nigerian youths under the Innovation, Development, and Effectiveness in the Acquisition of Skills (IDEAS) project of the Ministry of Education. World Bank Education Specialist, Mistura Rufai, disclosed this in Abuja on Thursday at the Contract/Memorandum of Understanding Signing and …
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FORMER military president, retired Gen. Ibrahim Babangida, on Thursday accepted full responsibility for the annulment of the June 12, 1993, presidential election. He said the annulment of the election was a most regrettable incident in the country’s history. Babangida made the remarks at the presentation of his autobiography entitled ‘A …
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