Some airlines have canceled or diverted flights to Ukraine amid heightened fears that an invasion by Russia is imminent despite intensive weekend talks between the Kremlin and the West. In an hourlong Saturday call with Russian President Vladimir Putin, President Joe Biden said that invading Ukraine would cause “widespread human suffering” and that the West was committed to diplomacy to end the crisis but “equally prepared for other scenarios,” the White House said. It offered no suggestion that the call diminished the threat of an imminent war in Europe. The two presidents spoke a day after Biden’s national security adviser,…

Debt Management Office (DMO) says it will auction N150 billion federal government bonds to investors on Wednesday, February 16, 2022. DMO announced this in a circular recently published on its website. A bond is a fixed income instrument that represents a loan made by an investor to a borrower — typically corporate or government. According to the circular, the bond issuance will be in two tranches valued at N75 billion each. The first tranche is the 10-year, 12.5 percent FGN Jan 2026 re-opening bond, while the second is the 20-year, 13 percent FGN 2042 reopening bond. It said the bonds…

Two bodies have been recovered, while two persons were rescued from the rubble of a three-storey building which collapsed in Yaba, Lagos, on Saturday. Olufemi Oke-Osanyintolu, director-general of the Lagos State Emergency Management Agency (LASEMA), confirmed the development in a statement. Earlier on Saturday, an official of LASEMA had said some construction workers were in the building when it collapsed. “Upon arrival of LASEMA response team at the incident scene, a three-storey building under construction was discovered to have collapsed,” the official had said. “Further investigation revealed that the construction workers numbering about five were on site when the structure…

Spokesperson of the Nigeria Police Force, Frank Mba, has handed over the duties and responsibilities of the Force Public Relations Department to his deputy, Olumuyiwa Adejobi, according to an official statement. Adejobi, whose appointment takes immediate effect, will serve as substantive FPRO, a statement from the Force Headquarters said on Saturday. He takes over from Frank Mba, who was nominated for the Senior Executive Course at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Jos. Adejobi, a Chief Superintendent of Police, is an alumnus of the University of Ibadan where he studied Archeology and Geography. He also holds…