Thursday, May 2

Nigerian banks take action on 2 million accounts due to BVN, NIN, and more
2May By Afolake IbidunNo Comments
Business

Nigerian banks take action on 2 million accounts due to BVN, NIN, and more

During the first quarter of 2024 (Q1'24), Nigerian commercial banks made the decision to close a minimum of 2 million bank accounts. This step was implemented to eliminate suspicious accounts, specifically targeting customers who did not adhere to regulatory directives regarding linking their accounts with the National Identity Number (NIN). Last December 2023, the Central Bank of Nigeria (CBN) instructed all commercial banks in the nation to freeze tier-1 accounts that lacked proper NIN and Biometric Verification Number (BVN). A recent report by the Nigerian Interbank Settlement System (NIBSS) revealed that over two million accounts were shut down in compliance with the CBN's order. NIBSS also highlighted that the count of inactive bank accounts witnessed a monthly rise of four million...
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Thierry Henry praises Sancho’s mental strength during his time at Manchester United
2May By Ofomata EdidiongNo Comments
Sports

Thierry Henry praises Sancho’s mental strength during his time at Manchester United

Jadon Sancho has received accolades from Arsenal legend Thierry Henry for his resilience in overcoming mental struggles at Manchester United. This commendation comes after Sancho delivered an exceptional individual performance in Borussia Dortmund’s 1-0 win over Paris Saint-Germain in the Champions League semi-final first leg on Wednesday. Sancho was a constant threat on the field, causing problems for the PSG defense and creating numerous scoring opportunities throughout the match. Borussia Dortmund gained the lead through Niclas Fullkrug’s goal in the 36th minute, setting the stage for the upcoming game in Paris. Although Sancho missed a key chance to increase his team's lead, his display earned admiration from Henry, who lauded him for overcoming the challenges he faced at Manchest...
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Blaming bad roads and insecurity: Peter Obi links the deaths of 35 Nigerians in Kogi and Enugu to government failures
2May By Mariam AbdullahiNo Comments
News

Blaming bad roads and insecurity: Peter Obi links the deaths of 35 Nigerians in Kogi and Enugu to government failures

In the aftermath of tragic incidents in Kogi and Enugu states, where a total of 35 lives were lost, Peter Obi, the Presidential candidate of Labour Party in the upcoming 2023 election, pointed fingers at the poor road infrastructure and security challenges during President Bola Ahmed Tinubu’s administration. On Wednesday, Obi expressed his concerns through various posts on his official X handle. Recent accidents in Kogi claimed 19 lives on Sunday, while a separate tragedy in Enugu resulted in the loss of 16 lives on Tuesday. Highlighting the issue, Obi emphasized the importance of investing the country’s resources in developing internal roads rather than focusing on projects like the Lagos-Calabar Coastal Superhighway. “Confirmation of two tragic road accidents in Kogi and Enugu states...
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Post-Match Reflection: PSG Manager Luis Enrique on the 1-0 Loss to Dortmund in UCL
2May By Ofomata EdidiongNo Comments
Sports

Post-Match Reflection: PSG Manager Luis Enrique on the 1-0 Loss to Dortmund in UCL

Reflecting on the Champions League clash on Wednesday night, Paris Saint-Germain's head coach, Luis Enrique, analyzed their 1-0 defeat to Borussia Dortmund. In a tightly contested match, Niclas Fullkrug's goal proved to be the difference, giving Dortmund the edge in the first leg of the semi-final. Looking ahead, PSG is determined to overturn the narrow deficit in the return leg at the Parc des Princes. Enrique expressed, “The atmosphere was exceptional for both teams, and we look forward to the support of our fans in Paris. Our strategy was to apply pressure, focusing on defending against their right flank and long balls. Dortmund is a well-drilled team." Recapping the game, Enrique shared with reporters, “We lacked intensity in attack in the first half, but there was a significant im...
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Insightful Discussion with BDCs President, Gwadabe, on Strategies for Naira Value below N1,000 per Dollar
2May By Afolake IbidunNo Comments
Business

Insightful Discussion with BDCs President, Gwadabe, on Strategies for Naira Value below N1,000 per Dollar

Dr. Aminu Gwadabe, the National President of the Association of Bureaux De Change of Nigeria (ABCON), shared exclusive insights with NewsNow's Correspondent, Ariemu Ogaga, discussing the recent depreciation of the Naira and proposed solutions for achieving foreign exchange stability in Nigeria. Here are the key points from the interview: Assessment of Recent Naira Depreciation: The recent downward trend in the value of the Naira has raised concerns due to unexpected developments. Several factors have contributed to this situation, including speculative behaviors in the market and pressures from online trading platforms affecting the Naira's performance. Intervention Measures by the Central Bank: Despite interventions by the Central Bank of Nigeria, such as providing funds to eligibl...
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Marcelo’s Son Joins Real Madrid in Transfer Move
2May By Ofomata EdidiongNo Comments
Sports

Marcelo’s Son Joins Real Madrid in Transfer Move

Real Madrid has secured a new deal with Enzo Alves, the son of the legendary Brazilian footballer Marcelo. In a signing ceremony held on Wednesday evening, Enzo put pen to paper in the presence of his father and family members. Renowned football transfer expert Fabrizio Romano has confirmed this development. On Twitter, Romano announced: "Exciting news as Marcelo's son Enzo Alves officially becomes a member of Real Madrid. A special moment shared with his family! “The agreement solidifies Enzo Alves’ position at Real Madrid as a skilled forward born in 2009.” Marcelo, a former key player for Real Madrid, was part of the team's triumphs in the Champions League on five occasions, clinching six league titles and four Club World Cups during his tenure.
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Thomas Muller Credits Konrad Laimer for Bayern’s Confidence Boost Against Real Madrid in UCL Semi-finals
2May By Ofomata EdidiongNo Comments
Sports

Thomas Muller Credits Konrad Laimer for Bayern’s Confidence Boost Against Real Madrid in UCL Semi-finals

In the aftermath of Bayern Munich's 2-2 draw against Real Madrid in the first leg of the UCL semi-finals, Thomas Muller highlighted the key factor that fueled his team's confidence heading into the crucial match. Muller pointed to Konrad Laimer's standout performance in their UCL victory over Arsenal as a significant confidence booster for the team. The victory over Arsenal, where Bayern emerged triumphant with a 1-0 win, showcased the team's unity and resilience, ultimately securing a 3-2 aggregate victory for Thomas Tuchel's side. Laimer's noteworthy display in the Bayern midfield was instrumental in neutralizing the threat posed by Martin Odegaard during the match. Reflecting on the impact of the Arsenal win, Muller emphasized how it instilled a sense of belief and aggressiveness in...
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UCL: EPL Left Disappointed as Italy and Germany Secure Five Slots for Upcoming Season
2May By Ofomata EdidiongNo Comments
Sports

UCL: EPL Left Disappointed as Italy and Germany Secure Five Slots for Upcoming Season

For the next season's Champions League, both Italy and Germany have been granted five slots respectively. This confirmation came following Borussia Dortmund's 1-0 victory over Paris Saint-Germain in the first leg of the Champions League semi-final on Wednesday night. The outcome solidified Bundesliga’s position as the second-highest league in UEFA's coefficient rankings for this season. Meanwhile, Serie A had already locked in the top spot last month, guaranteeing their five slots as well. With this, it is now impossible for the remaining challengers, England and France, to surpass Serie A and Bundesliga in the rankings. The European Performance Spots, which are awarded to the two leagues displaying the best average performance across the three European competitions each season, will ...
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<article> <header> Excitement as Benzema makes a comeback at Real Madrid
2May By Ofomata EdidiongNo Comments
Sports

Real Madrid's training ground saw the return of Karim Benzema, the striker from Al Ittihad, for further tests and treatment related to his recent injury. Fabrizio Romano, a trusted football transfer analyst, shared the news on Wednesday night, mentioning Benzema's presence for assessments at Valdebebas. In a statement on X, Romano said, "Real Madrid's support in handling Benzema's injury is acknowledged by Al Ittihad as Karim Benzema reappears at the training ground." Last summer, Benzema departed Real Madrid to join Al Ittihad on a free transfer, and now the Saudi Arabian club anticipates his readiness for the remaining five fixtures of the season.
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Coach Dogo Pleased with Kwara United’s Dominant Victory in President Federation Cup
2May By Ofomata EdidiongNo Comments
Sports

Coach Dogo Pleased with Kwara United’s Dominant Victory in President Federation Cup

Following Kwara United’s impressive 4-1 triumph over Rovers FC in the President Federation Cup Round of 64 clash, the team's technical advisor, Kabiru Dogo, expressed his satisfaction. Dogo highlighted the significance of the win, noting that it marked the first time his side had secured such a commanding lead in a match this season. The hero of the match was Emmanuel Ogbole, who netted a hat-trick, while Godwin Oshagbemi contributed with another goal. Furthermore, Dogo emphasized the importance of not underestimating any opponent in the tournament. Reflecting on the match, Dogo stated in a post-game interview, “I am pleased with how effectively we converted our opportunities. This is the first occasion this season where we have scored four goals in a single match.” He added, “We have ...
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