News

Saturday, 26 February 2022 06:17

Deadly street fighting begins in Kyiv as Ukrainian president refuses offer to be evacuated out of country

Kyiv officials are warning residents that street fighting is underway against Russian forces, and they are urging people to seek shelter. The warning issued Saturday advised residents to remain in shelters, to avoid going near windows or on balconies, and to take precautions against being hit by debris or bullets. Russian troops stormed toward Ukraine’s capital early Saturday as explosions reverberated through the city and the president urged the country to “stand firm” against the siege that could determine its future. He refused American help to evacuate, saying: “The fight is here.” Hundreds of casualties were reported in the fighting,…

Saturday, 26 February 2022 06:16

'Russian warship, go f--- yourself': Snake Island soldier's last words before Putin's troops opened fire

Entire garrison of 13 Ukrainian border guards was killed after refusing to surrender to the Russian Navy A chilling video has emerged from Snake Island in the Black Sea, where an entire garrison of 13 Ukrainian border guards was killed after refusing to surrender to the Russian Navy. One Ukrainian solder livestreamed the attack while standing on open ground under bright blue skies. In a short chaotic clip a few seconds long, the boom of heavy weaponry can be heard in the background before he drops to the grass. Tiny Snake Island, also known as Zmiinyi Island, is about 30…

Saturday, 26 February 2022 06:15

FG explains why Nigerians currently in Ukraine can’t be evacuated

Federal Government on Friday said there can be no evacuation of Nigerians in Ukraine until the airports in the European country, which is under attack by Russia, are reopened. The Russian President, Vladimir Putin, in the early hours of Thursday, had ordered an invasion of Ukraine. The invasion was marked with shelling and rocket attacks on several Ukrainian major cities, including the capital, Kyiv, leading to dozens of deaths. The invasion, which has continued, has created widespread panic and seen many fleeing Ukraine. Countries such as India, South Africa, among others had announced the facilitation of the evacuation of their…

Friday, 25 February 2022 06:40

What to know after Day 1 of Russia’s invasion of Ukraine

Russia launched a full-scale invasion of Ukraine that opened with air and missile strikes on Ukrainian military facilities before troops and tanks rolled across the borders from the north, east and south. The Ukrainian military fought back on multiple fronts. President Volodymyr Zelenskyy said in a video address early Friday that 137 people, both servicemen and civilians, have been killed and hundreds more wounded. A senior U.S. defense official said Russia may be intent on seizing Kyiv, the capital, and other key cities and ultimately installing a more friendly government. As Ukrainian forces fought back and civilians piled into trains…

Friday, 25 February 2022 06:33

Ukraine war: This is what African leaders are saying and how the conflict affects the continent

The war in Ukraine could have a devastating effect on some African states, threatening their economies and seeing governments come under diplomatic pressure to take sides in the escalating feud between Russia and Western powers. As an article in South Africa's Daily Maverick news site noted, war in far-away Europe will "be felt in every village and town of South Africa and the world". "Even before the first missiles have been fired this war has taken a dreadful toll: diverting billions of dollars into rearmament and away from tackling poverty, pandemics, education, inequality and the burgeoning climate crisis in a…

Friday, 25 February 2022 06:31

FAAC: FG, states, LGAs share N574.67bn as revenue for January

Federal, state and local government areas have shared a total of N574.668 billion as revenue for January, 2022. This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for February, 2022. The N574.668bn total distributable revenue comprises distributable statutory revenue of N291.400bn; distributable Value Added Tax (VAT) revenue of N178.066bn and exchange gain of N5.202bn and non-mineral revenue of N100bn. In January 2022, the total deductions for the cost of the collection were N25.421bn and the total deductions for statutory transfers, refunds and savings were N92.767bn. The balance in…

Thursday, 24 February 2022 06:40

‘The Ukrainian people want peace,’ president says in emotional appeal to Russia’s Putin to halt the slide to war

The Kremlin said rebels in eastern Ukraine asked Russia for military assistance Wednesday to help fend off Ukrainian “aggression,” an announcement that immediately fueled fears that Moscow was offering up a pretext for war, just as the West had warned about. A short time later, the Ukrainian president rejected Moscow’s claims that his country poses a threat to Russia and warned that a Russian invasion would cost tens of thousands of lives. “The people of Ukraine and the government of Ukraine want peace,” President Volodymyr Zelenskyy said in an emotional overnight address to his nation in Russian. “But if we…

Thursday, 24 February 2022 06:38

Putin to the world as Russia invades Ukraine: ‘Whoever tries to impede us will … see consequences you have never seen in history’

Russian troops launched their anticipated attack on Ukraine on Thursday, as President Vladimir Putin cast aside international condemnation and sanctions and warned other countries that any attempt to interfere would lead to “consequences you have never seen.” Big explosions were heard before dawn in Kyiv, Kharkiv and Odesa as world leaders decried the start of an invasion that could cause massive casualties and topple Ukraine’s democratically elected government. Ukrainian President Volodymyr Zelenskyy declared martial law, saying Russia has targeted Ukraine’s military infrastructure. He urged Ukrainians to stay home and not to panic. President Joe Biden pledged new sanctions to punish…

Thursday, 24 February 2022 06:37

China says Taiwan is 'not Ukraine' as island raises alert level

Taiwan is "not Ukraine" and has always been an inalienable part of China, China's foreign ministry said on Wednesday, as Taiwan President Tsai Ing-wen called for the island to beef up vigilance on military activities in response to the crisis. The comments come after British Prime Minister Boris Johnson flagged the risk for Taiwan in a warning last week about the damaging worldwide consequences if Western nations failed to fulfil their promises to support Ukraine's independence. China, which claims Taiwan as its own territory, has stepped up military activity near the self-governing island over the past two years, though Taiwan…

Thursday, 24 February 2022 06:36

Aisha Buhari, two female ministers attend senate plenary as upper chamber receives report on constitution review

Senate Committee on Constitution Review on Wednesday presented its report with the First Lady, Aisha Buhari, present in the chamber to witness the event. Buhari walked into the upper chamber at about 12:10 p.m., in the company of Minister for Women Affairs, Pauline Tallen, Minister of Finance and National Planning, Zainab Ahmed, and other women. She appeared in plenary to witness the laying of the report of the Senate Committee on Constitution Review. Deputy Senate President, Ovie Omo-Agege, had on Tuesday, announced that the report would be laid at the Senate on Wednesday and voting on the panel’s recommendations for…

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Wednesday, 23 February 2022 06:15

US, EU, others impose sanctions on Russia for Ukraine actions

Responding swiftly to Russian President Vladimir Putin’s order sending troops to separatist regions of Ukraine, world leaders hit back with non-military actions Tuesday in hopes of averting a full-blown war in Europe. Germany made the first big move, taking steps to halt certification of the Nord Stream 2 gas pipeline from Russia — a massive, lucrative deal long sought by Moscow but criticized by the U.S. for increasing Europe’s reliance on Russian energy supplies. And in Washington, U.S. President Joe Biden announced financial sanctions on banks and oligarchs as punishment for what he called “the beginning of a Russian invasion…

Tuesday, 22 February 2022 06:34

Putin orders Russian troops to Ukraine after recognising two breakaway regions

Russian President Vladimir Putin ordered the deployment of troops to two breakaway regions in eastern Ukraine after recognising them as independent on Monday, accelerating a crisis the West fears could unleash a major war. A Reuters witness saw unusually large columns of military hardware moving through the breakaway city of Donetsk after Putin told Russia's defence ministry to send forces into the two regions to "keep the peace" in a decree issued shortly after announcing recognition for Russian-backed separatists there. The moves drew U.S. and European condemnation and vows of new sanctions although it was not immediately clear whether the…

Tuesday, 22 February 2022 06:31

Russia has recognised two Ukrainian breakaway regions. This is what that means

Russian President Vladimir Putin told the French and German leaders on Monday that he planned to sign a decree recognising two breakaway regions in eastern Ukraine as independent. Here's a look at the implications for the wider crisis, in which the United States says Russia may be poised to invade Ukraine with a force of up to 190,000 troops it has massed near its neighbour's borders. WHAT ARE THE BREAKAWAY REGIONS? Russian-backed separatists in the Donetsk and Luhansk regions - collectively known as the Donbass - broke away from Ukrainian government control in 2014 and proclaimed themselves independent "people's republics",…

Tuesday, 22 February 2022 06:29

eNaira: IMF warns of potential use of Nigeria’s digital currency for terrorism financing, money laundering

International Monetary Fund (IMF) says the expansion of eNaira for cross-border transfers and agency banking may boost money-laundering/financing of terrorism. IMF said this in its recently released staff country report titled ‘Nigeria: 2021 Article IV Consultation’. In October 2021, Central Bank of Nigeria (CBN) unveiled the country’s first Central Bank Digital Currency (CBDC) known as the eNaira. IMF said the digital currency is envisaged to bring multiple benefits, including increased financial inclusion, facilitation of remittances, reduced informality and illegal activities as eNaira transactions are in principle fully traceable. It, however, said the eNaira carries macro-financial, cyber security, operational, financial integrity…

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