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Tuesday, 15 March 2022 06:23

Grid collapse causes power outage nationwide

The national electricity grid suffered a system collapse on Monday, leading to power outages across the country. The development comes as Nigerians are experiencing epileptic power supply and a hike in fuel prices. The grid is infamous for experiencing disruptions, having collapsed in February, May, July and August 2021. Electricity distribution companies (DisCos) in the country said the recent collapse of the grid occurred at 10:40am and disrupted power supply within their networks. On the basis of the development, Eko Electricity Distribution Company Limited (EKEDC) apologised to customers and promised to keep them updated on the situation. “Dear esteemed customer,…

Tuesday, 15 March 2022 06:22

ASUU extends strike by two months, warns FG against taking ‘hopeless actions’

Parent-Teacher Association of Nigeria has appealed to the Federal Government and the Academic Staff Union of Universities to as a matter of urgency resolve the issues leading to ASUU’s strike so that students can go back to school. Speaking in an interview with our correspondent, National President, PTA, Danjuma Haruna, said an additional two months strike would have devastating implications on the education sector. He said, “It will have devastating implications on the education sector in the 36 states of Nigeria and the Federal Capital Territory. We call on both ASUU and representatives of the Federal Government to go back…

Tuesday, 15 March 2022 06:18

What to know after Day 19 of Russia-Ukraine war

Russian troops refocused their efforts to seize Kyiv on Monday, firing artillery on suburbs, which have seen some of the worst conflict during Russia’s stalled attempt to take the capital. A local official said a town councilor for Brovary, east of Kyiv, was killed in fighting there. Two people were killed when artillery hit a nine-story residential building in a northern district of the city early Monday, destroying apartments on several floors and igniting a fire. Ukrainian authorities said two more people died and seven were injured after Russian forces struck an airplane factory in Kyiv, sparking a large fire.…

Tuesday, 15 March 2022 06:17

Russia-Ukraine war: Prospect of nuclear conflict back 'within realm of possibility' - UN

United Nations Secretary-General Antonio Guterres on Monday sounded the alarm over Russia raising the alert level for its nuclear forces after invading Ukraine, describing it a “bone-chilling development.” “The prospect of nuclear conflict, once unthinkable, is now back within the realm of possibility,” Guterres told reporters, and repeated his call for an immediate cessation of hostilities. Russia’s invasion of Ukraine that began on Feb. 24 has so far sent more than 2.8 million people fleeing across Ukraine’s borders and trapped hundreds of thousands in besieged cities while triggering broad Western sanctions on Russia. Russian President Vladimir Putin late last month…

Tuesday, 15 March 2022 06:15

What does Russia buy from China?

Russia’s invasion of Ukraine has triggered sweeping US and European sanctions, but China has vowed to continue trading with Moscow as normal and maintains the country is its “most important strategic partner.” China is Russia’s top trade partner, for both imports and exports. In the first two months of this year, China’s exports to Russia surged by more than 40% compared with 2021, and its imports from Russia increased by nearly 36%. In 2021, Russia imported around $73 billion worth of products from China, which accounted for roughly a quarter of the value of Russia’s total imports, according to the…

Monday, 14 March 2022 06:13

What to know after Day 18 of Russia-Ukraine war

Ukrainian officials said at least 35 people were killed and 134 wounded Sunday when more than 30 cruise missiles were fired at the Yavoriv military range, just 25 kilometers (15 miles) from the Polish border. The training base appears to be the most westward target struck so far in the 18-day invasion. The facility, also known as the International Peacekeeping and Security Center, has long been used to train Ukrainian military personnel, often with instructors from the United States and other NATO countries. The base has also hosted international NATO drills. The site symbolizes what has long been a Russian…

Sunday, 13 March 2022 06:33

What to know after Day 17 of Russia-Ukraine war

A relentless assault on the Ukrainian port city of Mariupol continued Saturday, as Russian forces shelled the city’s downtown, including an area around a mosque that was sheltering more than 80 people — some children. Russian Deputy Foreign Minister Sergei Ryabkov said Moscow has warned the United States that Moscow could attack convoys carrying military equipment to Ukraine, calling them “legitimate targets.” U.S. President Joe Biden announced additional aid to Ukraine of up to $200 million for weapons, military services, education and training. Russian units fanned out to prepare for an assault on Ukraine’s capital of Kyiv. Ukrainian President Volodymyr…

Sunday, 13 March 2022 06:32

Putin briefed French and German leaders on Russia-Ukraine talks - Kremlin

Russian President Vladimir Putin told French President Emmanuel Macron and German Chancellor Olaf Scholz about the state of negotiations between Moscow and Kyiv and responded to their concerns about the humanitarian situation in Ukraine during a three-way phone call on Saturday, the Kremlin said. The Kremlin did not elaborate on Putin’s comments about the state of talks, 17 days into the war that began when Russian forces invaded Ukraine on Feb. 24. On Friday, Putin said there had been “certain positive shifts” in the talks, which have been taking place in Belarus, but gave no details. The Kremlin statement said…

Sunday, 13 March 2022 06:30

When will Putin’s army run out of money? Not fast enough to save Ukraine

Jeremy Kahn & Andrew Marquardt When will Russia run out of cold, hard cash funding its war in Ukraine? That's the $300 billion question a lot of people are asking after the U.S., European Union, and other allied nations slammed harsh economic sanctions on the country in response to its decision to invade Ukraine. Sanctions are already devastating the country economically. The ruble has taken a beating, losing 50% of its value on Monday after the sanctions were announced over the weekend. The currency has continued to slump over the past several days, at one point dropping an additional 8%…

Saturday, 12 March 2022 06:18

What to know after Day 16 of Russia-Ukraine war

New areas in western Ukraine came under attack Friday, as Ukrainian authorities said Russian airstrikes hit in the western cities of Ivano-Frankiivsk and Lutsk — far from Russia’s main targets elsewhere in the country. Russia said it used long-range weapons to put military airfields in the two cities “out of action.” Lutsk Mayor Ihor Polishchuk said four servicemen were killed and another six were wounded. New commercial satellite images appeared to show Russian artillery firing on residential areas that lie between Russian forces and the capital. The images from Maxar Technologies show muzzle flashes as well as impact craters and…

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Saturday, 12 March 2022 06:16

India says it accidentally fired missile into Pakistan

India said on Friday it had accidentally fired a missile into Pakistan this week because of a “technical malfunction” during routine maintenance, giving its version of events after Pakistan summoned India’s envoy to protest. Military experts have in the past warned of the risk of accidents or miscalculations by the nuclear-armed neighbours, which have fought three wars and engaged in numerous smaller armed clashes, usually over the disputed territory of Kashmir. Tensions have eased in recent months, and the incident, which may have been the first of its kind, immediately raised questions about safety mechanisms. “On 9 March 2022, in…

Friday, 11 March 2022 06:22

Nigeria’s inability to meet OPEC+ oil quota knocks down revenue

Nigeria’s oil production dropped in February to an average of 1.25 million barrels per day (bpd) from 1.39 million the previous month. Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed this in its latest crude oil and condensate production data for February 2022. The report shows that the drop represented 10 percent from the January production figure — and the lowest since December 2021 when production dropped to 1.1 million barrels per day. The figure is also lower than the 1.8 million barrels per day production quota set by the Organisation of Petroleum Exporting Countries (OPEC). Since May 2020, Nigeria has…

Friday, 11 March 2022 06:19

What to know after Day 15 of Russia-Ukraine war

Russia continued its heavy bombardment of Mariupol on Thursday, hitting the fire department’s headquarters, a university building and other structures. Firefighters rescued a woman from a destroyed building and tried to save a seriously injured boy who was pinned under the rubble. A firefighter grabbed the boy’s hand and his eyes blinked but he was otherwise still. Mariupol’s streets were empty, with most people sheltering indoors. One man, Aleksander Ivanov, pulled a cart with his possessions while searching for a place to stay after a mortar round destroyed his home. The city of 430,000 has been without food supplies, running…

Friday, 11 March 2022 06:18

Putin to the West: Russia will emerge stronger

Russian President Vladimir Putin said on Thursday that Russia would ultimately emerge stronger and more independent after overcoming the difficulties caused by what he called the West’s illegitimate sanctions. Putin said there had been no alternative to what Russia calls its special military operation in Ukraine and that Russia was not a country which could accept compromising its sovereignty for some sort of short-term economic gain. “These sanctions would have been imposed in any case,” Putin told a meeting of the Russian government. “There are some questions, problems and difficulties but in the past we have overcome them and we…

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