Author: Michael Right

Erik ten Hag unveiled at Manchester United

Manchester United have confirmed that they are searching for a new front of shirt sponsor after their £235m deal with TeamViewer reached a premature end. Man United have said that they will buy back the rights to the sponsorship and while the decision to end the deal was described as “mutual” it comes following significant pressure from the German software firm’s investors, who described the decision to sign a five-year deal during the pandemic as “appalling judgment.” TeamViewer will remain as a club partner until 2026 but United’s search for a replacement will be complicated by the current economic circumstances,…

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Local governments share N1.35tn with states, FG for June allocation

Yesterday, the newly redesigned naira notes began circulation as planned. Supply across the country, however, was scanty or non-existent in some areas. Banks, which received an influx of customers, some of who deposited old notes in exchange for a replacement, complained of low disbursement. Across-the-counter withdrawals were mainly in old notes, even as customers requested payment in the new currencies. A few banks that had supply rationed the new notes. At Coker in Lagos, a customer, who requested N120,000, received N4,000 in new N500 bills while the balance came in the old notes. Supply was scarce, with Automated Teller Machines…

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US intensifies Russia sanctions in banking crackdown

The president of the United States, Joe Biden threw his support behind a larger African role in the world as he also vowed to champion democracy in a continent where China and Russia have enjoyed rising clout. Biden, while announcing $100 million for security, also said the United States would invest $75 million to counteract “democratic backsliding” including by strengthening electoral authorities and civil society. On Wednesday, Biden met jointly with the leaders of six nations that hold elections next year including Nigeria and the Democratic Republic of Congo, sub-Saharan Africa’s largest countries in population and size respectively, to seek…

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Second Niger bridge

The federal government has ordered the opening of the Second Niger Bridge to ease traffic congestion in the southeast during the holiday season. The bridge was officially opened at midnight on Thursday. The order was given by the minister of works and housing, Babatunde Fashola, at the inauguration of the bridge on Wednesday, and it will be open for use for one month during the holiday season. The bridge would be closed to traffic on January 15, 2023, he said. Niger lawmakers want gay relationships criminalized The minister urged motorists using the bridge to drive safely and responsibly in order…

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Truck driver Cosmos Ozioko

Operatives of the Rivers State Police Command have detained a yet-to-be-identified officer for allegedly killing a 40-year-old truck driver, Cosmos Ozioko, at Elele, in the Obio/Akpor Local Government Area of the state. Recall, ChronicleNG had reported that Cosmos’ younger brother, Kingsley Ozioko, said the incident happened around 7.40pm on Sunday when five policemen on a stop-and-search duty intercepted a motorcycle conveying them while returning to their place of work. Narrating the incident, Kingsley said the policemen beat him and his brother to a pulp, adding that Cosmos later gave up the ghost. The state police spokesperson, Grace Iringe-Koko, who confirmed…

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Joao Felix was named best U-21 player in Europe in 2019 united

Manchester United and Arsenal seem the most likely options for Felix, with Atletico willing to listen to offers of more than 100m euros (£85.9m). (AS – in Spanish) Manchester United manager Erik ten Hag has been promised massive funds to rebuild his squad – despite plans by the Glazer family to sell the club. (Sun) Manchester United are working on signing Netherlands right-back Denzel Dumfries, 26, from Inter Milan, which could open the door for Barcelona to sign United’s Portugal right-back Diogo Dalot, 23. (Sport – in Spanish) Manchester United are looking at a number of right-backs but a move for any of them would depend on English defender Aaron Wan-Bissaka, 25, leaving the…

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INEC says over 5.5 million PVCs have been collected in Lagos

The Northern Elders Forum (NEF) has drawn public attention to new trend of buying of Permanent Voters’ Card (PVC) from prospective electorates by politicians in Northern Nigeria. NEF said people are selling their PVCs for as low as N2000. The forum made the disclosure in a statement signed by its Director, Publicity and Advocacy of NEF, Dr Hakeem Baba-Ahmed. NEF said this action will not only disenfranchised many people in the vast northern region but will also suppressed voters and reduce the voting powers of the North. Thugs attack PVC registration center Independent National Electoral Commission (INEC) has confirmed what…

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Group involved in oil theft fled the scene upon sighting the advance of troops

The Nigeria Extractive Industries Transparency Initiative (NEITI) has disclosed that Nigeria lost a total of 619.7 million barrels of crude oil valued at $46.16 billion or N16.25 trillion to crude oil theft between 2009 to 2020. The agency made the disclosure in a statement by the Head, Communications and Advocacy, Obiageli Onuorah in Abuja on Wednesday. This was also as it backed the Federal Government’s decision to set up a Special Investigative Panel on Oil Theft and Losses. It explained that the losses were from theft and sabotage based on information and data provided by an average of eight companies…

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Local governments share N1.35tn with states, FG for June allocation

The newly redesigned naira notes will go into circulation on Thursday (today) with Deposit Money Banks releasing the bills to their customers via ATMs and over-the-counter payments. This came about three weeks after President Muhammadu Buhari unveiled the new bills at a weekly Federal Executive Council meeting in Aso Rock Villa. The President unveiled the redesigned naira notes across the N200, N500 and N1,000 denominations. The Governor, Central Bank of Nigeria, Godwin Emefiele, had in October announced that apex bank would release re-designed naira notes by December 15, 2022. He also disclosed that the old notes would cease to be…

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Megan Thee Stallion Tory Lanez shot her

US rapper, Megan Thee Stallion has described in emotional courtroom testimony her “shock” as fellow rapper Tory Lanez allegedly opened fire on her. “I can’t believe I have to come here and do this,” she told a jury in Los Angeles. The Grammy-winning rapper said she was shot in the feet after leaving a pool party at Kylie Jenner’s house. Jurors heard she insulted the accused and demanded to be let out of a luxury car before he fired five rounds at her. The rapper, whose real name is Megan Pete, 27, testified that her alleged attacker became enraged after…

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