Dominic Solanke’s brace helped Tottenham Hotspur edge a rip-roaring League Cup quarter-final game with Manchester United by a 4-3 win. The win ensures that Tottenham are still in hunt of a first trophy since 2008. Spurs were in cruise control when Solanke rifled home his second in the 54th minute to add to his first-half opener and Dejan Kulusevski’s effort 46 seconds into the second half. Tottenham’s back-up goalkeeper Fraser Forster pressed the self-destruct button, though, as his two errors set up a nervy finale. First Manchester United substitute Joshua Zirkzee tapped in after Forster’s pass out from the back…
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Let us look at a few figures. Nigeria’s population is put at a little over 200 million people while the UK population is about 68 million. This means that the Nigerian population is about three (3) times that of the UK. As at June 2023, the UK banking system had about 49,421 Automatic Teller Machines and almost 2.3 million Point of Sales Terminals. By contrast, the Nigerian banking system had a little over 22,600 ATMS according to TechCabal and is projected to reach 29,000 by 2029 according to Statista. Conversely, Nigeria boasted 1,665,664 POS terminals as at December 2022. Meanwhile,…
The Accountant-General of the Federation (AGF), Mrs. Oluwatoyin Sakirat Madein, has called the bluff of President Bola Ahmed Tinubu by redeploying her successor, Shamseldeen Ogunjimi. Recall that President Tinubu on December 10, 2024, appointed Ogunjimi as the acting Accountant-General of the Federation as Mrs Madein is expected to proceed on pre-retirement leave. Presidential Adviser on Information and Strategy, Bayo Onanuga’s statement read in part: “His (Ogunjimi) appointment is effective immediately following the pre-retirement leave of the incumbent AGF, Dr. (Mrs) Oluwatoyin Sakirat Madein.” However, Mrs. Madein and some top officials of the ministry frustrated Ogunjimi’s resumption until Thursday, when his…
The recent appointment of Mr. Shelmsudeen Babatunde Ogunjimi, as the Acting Accountant-General of the Federation (AGF), may have been scuttled following advice from the Head of Civil Service of the Federation. In a remark on the appointment, President Bola Ahmed Tinubu had expressed his confidence in Mr. Ogunjimi, saying, “The Office of the Accountant General of the Federation is pivotal to our nation’s treasury management operations. Mr Ogunjimi’s wealth of experience and notable competence will ensure the continued effectiveness of this vital institution as we advance our economic reform agenda.” However, the President is said to have stayed action on…
Governor Ademola Adeleke of Osun State has reaffirmed the administration’s commitment to ensuring fair practices in the state’s mining sector, stating that he has no witch hunting agenda against any individual or businesses. Speaking at a stakeholders’ forum held today, the governor represented by the Secretary to the State Government, Hon Teslim Igbalaye, highlighted the ongoing legal and policy challenges within the federal system, particularly in the mining sector, where state, federal, and community rights often clash. He emphasized the need for clearer boundaries between state and federal responsibilities to address complications in the sector even as he commends the…
By Tony Obiechina Abuja The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. In a circular to all deposit money banks (DMBs), microfinance Banks, mobile money operators and super-agents, titled ‘Cash-out limits for agent banking transactions,’ CBN said the restriction is in line with the apex bank’s ongoing efforts to advance a cash-less economy. According to the circular, the interventions aim to address identified challenges, combat fraud and establish uniform operational standards across the industry. “In view of the above, ALL principals of agents are to comply with the…
…Tinubu Says 2025 Budget Ambitious, But Necessary To Secure Nigeria’s Future By Tony Obiechina Abuja President Bola Tinubu has unveiled a comprehensive N47.9tn budget proposal for the 2025 fiscal period, emphasizing investments in defence, infrastructure, health, and education. The proposed allocation is a reflection of the administration’s priorities to address security challenges, improve critical infrastructure, and enhance social services. Key highlights of the budget breakdown showed that the defence and security sector got the highest allocation of N4.91tn to bolster the nation’s security architecture amid ongoing efforts to combat insurgency, banditry, and other threats. The president allocated N4.06tn to drive…
Mozambique’s 2024 economic growth is likely to be revised down from a previous forecast of 4.3 per cent due to post-election civil unrest, a senior International Monetary Fund (IMF) official said. The IMF official also said the impact of Cyclone Chido had a significant influence on the downward revision of the previous economic growth forecast. In October, Daniel Chapo, the candidate of Mozambique’s ruling party Frelimo, was declared winner of the presidential election that opposition parties say was marred by voting irregularities. The disputed election results sparked protests from opposition supporters and there has been more violence since. The unrest…
Kenya suffered a widespread power outage on Wednesday that affected most of the country, with electricity supply restored about six hours later, the nation’s leading power utility Kenya Power said. The cause of the outage in East Africa’s largest economy, which was first reported at 1:28 a.m. local time (1028 GMT), has yet to be determined, Kenya Power said in a post on social media platform X. As of 7:35 a.m. local time (0435 GMT), power had been restored in the areas where it had gone off, the company said. Wednesday’s outage was the latest in a series of recurring…
Miss Amanda Amaeshi, an award-winning activist and campaigner, has been named My Life My Say’s ‘Changemaker of the Year’ for 2024. Amaeshi, a final-year LLB Law student at University College London (UCL), has consistently used her voice to influence policy and advocate for social justice. A statement made available to the News Agency of Nigeria (NAN) on Wednesday by Prof. Kenneth Amaeshi, father of Amanda, said the award, decided by public vote, was announced at My Life My Say’s ‘Next Generation Conference’. According to him, the event held on Nov. 22, 2024, at the Barbican Centre in London. The conference…