Day: May 9, 2024

Italy Midfield Marshal, Jorginho Signs New Arsenal Deal

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Arsenal midfielder Jorginho has signed a contract extension with the Premier League club. The 32-year-old signed an initial 18-month deal with the Gunners when he joined from Chelsea in January 2023. His new contract is described as a “short-term deal” by the club. The Brazil-born Italy international has made 35 appearances in all competitions this season, scoring once. “I’m really, really happy to stay, because it’s a privilege to be a part of this family,” said Jorginho. The midfielder, who spent four and a half years at Chelsea before moving…

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Enugu State Government Dismisses Caveat Emptor On Hotel Presidential

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By NewsBits The Enugu State Government has dismissed caveat emptor published on Hotel Presidential in various national dailies by one Mr. Gbolahan Elias, SAN, on behalf of Primeview Hotels Limited. The state made its position known in a statement entitled, “Setting the Record Straight: Re: Hotel Presidential”, issued by the Secretary to the State Government, Prof. Chidiebere Onyia, on Wednesday. It said Primeview had tried to unscrupulously acquire the hotel in 2013 with the sole intent to illegally take over its assets and bury the heritage, hence the revocation of…

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N4.1billion Fraud: Sirika, Daughter, Son-In-Law, Firm Granted N100million Bail Each

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A Federal High Court sitting in Abuja has granted ₦100 million bail each to a former Minister of Aviation Hadi Sirika, his daughter Fatima, son-in-law Jalal Sule Hamma and a firm – Al Buraq Global Investment Limited. They are being tried over an alleged fraud to the tune of ₦N4.135 billion. According to the court, they are also to provide two sureties who must have landed properties in Abuja. The sureties, the court said, must also be responsible citizens. The sureties must depose to an affidavit of means. The court…

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Wike vs Fubara War: Why Rivers State Lawmakers Can’t Impeach Fubara – PDP

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L-R: Former Rivers State Governor and Current FCT Minister, Mr Nyesome Wike; his successor and current Rivers State Governor, Mr Siminalayi Fubara, and President of Nigeria, Bola Tinubu The Peoples Democratic Party (PDP) says the 27 All Progressives Congress (APC) lawmakers at the Rivers House of Assembly can’t impeach Gov. Siminalayi Fubara, because they are no longer members of the House. Mr Debo Ologunagba, the PDP National Publicity Secretary, said this at a new conference on Wednesday in Abuja. Ologunagba said that the directive by the state APC chapter for…

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Forex Market Instability: Naira Falls To N1,450/$ @ Parallel Market

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The Naira Wednesday fell to N1,450 at the parallel section of the foreign exchange (FX) market. The current FX rate represents a 1.4 percent depreciation from the N1,430 traded on May 6. Currency traders, also known as Bureau De Change (BDC) operators, put the buying rate of the greenback at N1,410 and the selling price at N1,450 — leaving a profit margin of N40. At the official window, the local currency depreciated by 1.98 percent to N1,421.06 on May 8 — from N1,416.57 on May 7. During trading, the Dollar…

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PDP Vows To Resist Forceful Take-Over Of Rivers, Asks IGP To Call APC Chairman To Order

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Any attempt to impeach the Rivers State governor, Mr Siminalaya Fubara, will be firmly resisted, the Peoples Democratic Party (PDP) has warned. The party said it was delusional for the chairman of the All Progressives Congress (APC) in Rivers State, Mr. Tony Okocha, to issue a directive for Fubara’s impeachment. The PDP told the Inspector General of Police that the subversive utterances of the APC chairman was capable of triggering crisis and derailing the Democratic Order in the country. The national publicity secretary of PDP, Debo Ologunagba, said such reckless…

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