Author: Opalim Lifted

OPEC+ pauses oil output hike despite geopolitical tensions in Venezuela

The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60 years saved the global oil market from perpetual chaos. The Minister of State Petroleum Resources, Chief Timipre Sylva stated this on Tuesday in Abuja when he received Gabriel Lima, Equatorial Guinea’s Minister of Mines and Hydrocarbons. Lima’s visit marked his first official visit to Nigeria in his capacity as the 2023 President of the OPEC and Gas Exporting Countries Forum (GECF) Council of Ministers. Sylva said that without OPEC’s existence, many countries would not have been able to develop their…

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Buhari takes a ride in Lagos blue rail line

President Muhammadu Buhari yesterday inaugurated the first phase of the Lagos Blue Rail Line and took a ride from the Marina Station to National Theatre Station in Lagos mainland shortly thereafter. Buhari was on the train ride alongside Lagos State Governor, Babajide Sanwo-Olu; Deputy Governor of the state, Dr. Obafemi Hamzat; some members of the federal and state executive councils; members of the federal and state legislative assemblies; President of China Civil Engineering Construction Company (CCECC), Chen Sichang and journalists, among others. The first phase of the project, executed by the state government, spans 13 kilometers and has five stations…

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5G network inauguration and logo unavailing in Abuja

The Mafab Telecommunication Company on Tuesday inaugurated the Fifth Generation (5G) network and unveiled its logo in Abuja. The Chairman of Mafab, Dr. Mushabu Bashir, said the launch had added another chapter in its journey towards a brighter and stronger future filled with hope and prospects. Bashir said with the 5G, business outfits would expand their frontiers with operational ease and speed, especially in the fields of education. Other fields are medical sciences, engineering, security, businesses like the banking sector, SMEs, and smart cities, among others. He said 5G would not just benefit the urban areas but also meet long-term…

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UK unveils £10,000 settlement fee for eligible asylum seekers

Two hundred asylum-seeking children, including some aged under 16, are missing from temporary hotel accommodation in Britain, the government said on Tuesday, raising new questions over ministers’ handling of migrant arrivals. Prime Minister Rishi Sunak’s government is under pressure on two fronts over immigration: from those who say he is failing to protect Britain’s borders from migrants arriving in small boats and others who say the government is not treating those who arrive properly. Immigration minister Robert Jenrick was called to parliament on Tuesday by a member of the Green Party to explain media reports of missing children. Jenrick said…

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Ghana deports 42 Nigerians for prostitution

The female features can sweep most men off their feet! But a nice, perky, well-rounded big bootie has got to be number one. Here are seven reasons women’s ‘arsenal’ (backside) thrills most men: They’re like a drug According to a study, big butts affect the same part of the male brain that is triggered by alcohol and drugs. The researchers showed men pictures of women before and after butt enlargement surgery while they monitored their brains. These men’s brains were literally intoxicated with the beauty of big derrieres, which evoked the same attraction and obsession as if they were a…

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Freezing weather kills 124 people, 70,000 livestock in Afghanistan

At least 124 people died in freezing temperatures in Afghanistan in the past fortnight, Taliban officials say. About 70,000 livestock had also perished in what is the coldest winter in a decade, a State Ministry for Disaster Management spokesman said. Many aid agencies suspended operations in recent weeks after the Taliban banned Afghan women from working for non-governmental organizations. A Taliban minister said despite the deaths, the edict would not be changed. Acting Minister of Disaster Management Mullah Mohammad Abbas Akhund told the BBC that many areas of Afghanistan were now completely cut off by snow; military helicopters had been…

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Nigerian bank customers react to CBN policy limiting BVN phone number updates to once amid fraud concerns

The Central Bank of Nigeria (CBN) has foreclosed the possibility of extending or shifting the deadline on the deposit of the old naira notes. Governor of the central bank, Godwin Emefiele apologized to Nigerians for not extending the deadline but stated that 100 days from when the announcement was made to the expiration date was enough for Nigerians to deposit their old notes. He assured Nigerians that the ongoing sensitization will continue after the 31st of January, 2023 deadline. The apex bank said it has received between N1.3 trillion to N1.5 trillion so far but expects it will recover over…

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The Lekki Port LFTZ Enterprise Ltd. (LPLEL), promoter of the Lekki Deep Sea Port, says the port will boost Nigeria’s Gross Domestic Promote (GDP) and facilitate trade volume. The Managing Director of LPLEL, Mr. Du Ruogang, while addressing the media during the official inauguration of the Lekki Port by President Muhammadu Buhari on Monday said that the macro-economic benefit of the port was enormous. Ruogang noted that the Lekki Port remains a game-changer that would redefine maritime activities in Nigeria and the entire West African sub-region. He highlighted other benefits including; improvement of external trade competitiveness through improved port efficiency,…

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Senate passes bill seeking to impose death penalty on drug traffickers

The Senate on Tuesday again urged the Central Bank of Nigeria (CBN) to extend the use of old Naira notes till June 30, 2023. This followed a motion on naira redesign moved by Senator Sadiq Sulaiman (APC-Kwara North) on the floor. The Upper Chamber on December 28, 2022, advised the CBN to extend the phasing out of old currency notes scheduled for January 31, 2023, for six months. CBN redesigns naira notes, asks citizens to swap old notes However, Central Bank has vowed to go ahead with its January 31, 2023 deadline. Senator Sulaiman said the call has become necessary…

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Traditional rulers urge Tinubu to free Nnamdi Kanu over south-east tensions

Business activities were grounded Tuesday morning following a special sit-at-home order by the Indigenous People of Biafra (IPOB) in protest of the federal government’s refusal to release Mazi Nnamdi Kanu despite court orders to that effect. Kanu is the leader of IPOB and is being detained over alleged running a proscribed group, jumping bail, and treason. Appeal Court on 13th October 2022 discharged and acquitted Kanu, but the FG refused to obey the order. IPOB in a statement circulated on Monday ordered sit-at-home on Monday and Tuesday to press home their demands. The release is entitled ‘Special Notification of Sit-at-home…

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