Tag: Nigeria

Napoli ready to lower Osimhen price for United

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Former Serie A champions Napoli are willing to lower Victor Osimhen’s €75m valuation to enable Manchester United seal a deal for the Nigerian striker and also prevent him from joining Italian rivals Juventus in the summer. Currently on loan at Galatasaray, Osimhen is destined to part ways with Napoli at the end of the current season with top European clubs jostling for his signature. The 26-year-old striker was expected to leave last summer, but his purported move to Saudi Arabia failed while he also rejected a Chelsea transfer over personal terms.…

2027: Coalition pushes for single-term candidate

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As coalition talks to challenge President Bola Tinubu in the 2027 elections gain traction, northern stakeholders are pushing for southern aspirants to commit to a single-term agreement. A source involved in the coalition negotiations, who requested anonymity due to lack of authorisation to speak on the issue, stated  that northern stakeholders are urging former Vice President Atiku Abubakar not to run. The source added that most stakeholders believe that if all coalition leaders unite behind a southern candidate, President Tinubu can be defeated. On March 20, the 2023 presidential candidate…

CBN’s $10.50m funding not loan but grant – World Bank

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The World Bank has clarified that the planned $10.50m financing to the Central Bank of Nigeria is a grant, not a loan. According to a source at the World Bank who spoke to our correspondent under the condition of anonymity on Friday, the amount is being provided under the Finance for Development Multi-Donor Trust Fund as part of a partnership between the World Bank and the CBN. It was earlier reported that Nigeria had approached the World Bank for a $10.50m loan to enhance the CBN’s technical capacity and modernise the…

2027: Atiku, Obi, coalition leaders advocate electoral reforms

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The 2023 presidential candidates of the Peoples Democratic Party, Atiku Abubakar, Labour Party’s Peter Obi, and the National Secretary of the Coalition of United Political Parties, Peter Ahmeh, have called for electoral reform ahead of the 2027 elections. They said electoral reform was a crucial element that would aid the ongoing national coalition negotiations in achieving its objectives. As the election approaches and coalition talks among opposition leaders gain momentum, there have been numerous calls for the amendment or reform of electoral laws. Atiku, through his media aide, Paul Ibe, stated…

Huawei unveils energy storage system, targets Nigeria’s power challenges

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Huawei Nigeria Digital Power has introduced an innovative product, the LUNA2000-215 Series, the world’s first hybrid air and liquid cooling commercial and industrial energy storage solution. The launch, which took place at an event attended by industry partners and key stakeholders from the C&I energy sector, marked a significant milestone in the region’s energy landscape. In a statement shared  on Saturday, the company highlighted the importance of this new technology in addressing critical energy challenges faced by businesses. According to the statement, the FusionSolar C&I LUNA2000-215-2S10, a key component of…

Police alert officers to April 7 nationwide protest

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The Lagos State Police Command has issued a directive to all commanders and officers within its jurisdiction, alerting them to a planned nationwide protest. It was reported that Civil Society Organisation, the Take-It-Back movement, and other groups had announced a nationwide protest scheduled for April 7, 2025. In a statement on Friday, the National Coordinator of TIB, Juwon Sanyaolu, said the protest seeks to address issues surrounding the misuse of the Cybercrime Act and the ongoing “state of emergency” in Rivers State. Sanyaolu explained that the core demands of the…

BREAKING: Oba Owoade crowned 46th Alaafin of Oyo

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Oba Abimbola Owoade has been crowned the 46th Alaafin of Oyo. Owoade succeeds the 45th Alaafin of Oyo, Oba Lamidi Adeyemi, who died on April 22, 2022, at the age of 83. The coronation event took place today (Saturday) at Oliveth Baptist High School in Oyo, where Governor Seyi Makinde led a host of dignitaries, including notable Nigerians. Dignitaries present at the coronation included the Olubadan of Ibadan,  Oba Owolabi Olakulehin; the Ooni of Ife, Oba Adeyeye Ogunwusi; the Soun of Ogbomoso, Oba Ghandi Olaoye; Oluwo of Iwo, Oba Abdulrasheed…

EPL: Arsenal’s title hopes dwindle after 1-1 draw at Everton

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Arsenal’s small remaining hope of a first Premier League title for 21 years was further diminished after a 1-1 draw at Everton on Saturday. Leandro Trossard’s opener for the Gunners was cancelled out by Iliman Ndiaye’s penalty to leave Arsenal still 11 points behind Liverpool, who have a game in hand. The Reds now need just 11 points from their remaining eight games to secure a record-equalling 20th English top-flight title. Arsenal boss Mikel Arteta had said the best preparation for his side’s Champions League quarter-final, first leg against Real…

EPL: Gabriel out for season, Aina sidelined as Isak, Trippier doubtful

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As the Premier League heads into another crucial weekend, managers across several clubs have provided injury updates, with some key players set to miss out due to ongoing fitness issues. Nottingham Forest boss Nuno Espirito Santo confirmed that defender Ola Aina is set for a spell on the sidelines after a calf injury. “So we did the scan and he’s going to be out for a while and not available. It is a big blow,” Nuno said in an interview with the Premier League posted on Friday. “We will miss…

Oyo tightens security ahead of Alaafin’s Saturday coronation

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As the coronation of the 46th Alaafin of Oyo, Oba Akeem Owoade, takes place on Saturday, April 5, 2025, the Oyo State government has put in place heightened security measures, including the deployment of security operatives at strategic locations within the ancient city and surrounding communities. Oba Owoade, who was presented with the staff of office and instrument of office on Monday, January 13, 2025, at the Governor’s Office in Ibadan, ascends the throne after the late Oba Adeyemi passed away. The new monarch completed the compulsory 21-day traditional rites…