Author: Vera

Nigeria Football Federation (NFF),Wednesday, ended the speculations on who becomes Super Eagles head coach when it named Portugal’s Jose Peseiro as the senior national team’s new manager. Point News247 reports that the Federation, however announced that its technical director, Austin Eguavoen, who is currently Super Eagles interim coach, will lead the team to the Cameroun 2022 African Cup of Nations, with Peseiro joining the team to Cameroun as an observer. In a communiqué issued after its executive committee meeting, Wednesday, the NFF also announced that Austin Eguavoen, who was previously appointed as interim coach of the Super Eagles, will now…

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Governor Babajide Sanwo-Olu of Lagos State has assured the leadership of the Rapid Response Squad (RRS), a unit of the Lagos State Police Command and other security outfits of his administration’s continuous support through the Lagos State Security Trust Fund, on combating crimes in the state. Point News247 reports that the Governor stated this during the official commissioning of the newly upgraded RRS office extension at its headquarters, Alausa, Ikeja. The governor who spoke through his Deputy Chief of Staff, Gboyega Soyanwo commended the leadership of RRS for generating a vision that is driving the squad towards ensuring an increasingly…

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President Muhammadu Buhari has assured manufacturers that the Federal Government will take appropriate measures to improve access to foreign exchange for importation of raw materials and machines that are not available locally. Point News247 reports that the President spoke during an advocacy visit of the leadership of the Manufacturers Association of Nigeria (MAN), in response to requests on making the manufacturing sector contribute more to the Nigerian economy on Wednesday in Abuja. The President in a statement by presidential spokesman, Femi Adesina, told the Mansur Ahmed-led executives of MAN that the relevant Ministry would revisit their concerns about the increase…

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Point News247 reports that Hollywood star, Arnold Schwarzenegger has officially divorced Maria Shriver after the couple split over a decade ago. According to TMZ, the marriage was officially annulled in a superior court in Los Angeles, the United States on Tuesday. A private judge who mediated the divorce had signed off on it in early December 2021. However, the divorce was officially entered into the system by a sitting judge on Tuesday. It was reported that the divorce took so long because of the complication attached to the property settlement arrangement. However, an estimated $400 million is involved, according to…

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Nigeria’s former Presidents Olusegun Obasanjo, Goodluck Jonathan and many other African leaders are expected to attend the 9th edition of the 2021 Future Africa Leaders’ Awards (FALA), an initiative of the Chris Oyakhilome Foundation International (COFI) slated for 31st of December, 2021. Point News247 reports that Obasanjo is expected to Chair the occasion, while former President Jonathan will be Special Guest of Honour. Also, Her Excellency Dr. Arikana Chihombori-Quao, President and founder of the Africa Diaspora Development Initiative, (ADDI) Permanent Representative of the African Union, to the United Nations, will be Special Guest. Every year, through the Future Africa Leaders…

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The Federal Government’s bond offer and allotment rose by N1.99tn in the first six months of this year to N13.66tn, from the N11.67tn recorded in the corresponding period of last year. Point News247 reports that the Financial Markets Department of the Central Bank of Nigeria disclosed this in its half-year activity report for 2021. It attributed the rise to government’s drive to fund fiscal deficit from the domestic market. The report stated that, “In the review period, FGN bonds worth N900bn was offered, while public subscription and sale stood at N1.73tn and N1.42tn, respectively. The amount offered comprised new issues…

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The northern socio-political organisation, Arewa Consultative Forum, has disagreed with the Pan-Niger Delta Forum, the Ijaw National Congress and some civil rights groups over the ownership of crude oil in the Niger Delta. Point News247 reports that the ACF spokesman, Emmanuel Yawe, in an interview with The PUNCH on Wednesday supported the position of former President Olusegun Obasanjo that the crude oil in the Niger Delta belonged to the Federal Government not people in the region. But PANDEF, the INC and other groups that spoke to our correspondents faulted the former president and supported an elder statesman, Chief Edwin Clark,…

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A new report indicates that the relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities during the year drove recovery in the aviation sector in the first nine months of 2021. Point News247 reports that airlines and other allied companies contribute the most to aviation sector. Between January and September this year, output in the aviation sector rose to N146.6bn, from N114.2bn recorded in the corresponding period of 2020. This shows an increase of N32.2bn in the sector’s contribution to the country’s Gross Domestic Product during the period under review. According to the National Bureau of…

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Nigeria Football Federation (NFF),Wednesday, ended the speculations on who becomes Super Eagles head coach when it named Portugal’s Jose Peseiro as the senior national team’s new manager. Point News247 reports that the Federation, however announced that its technical director, Austin Eguavoen, who is currently Super Eagles interim coach, will lead the team to the Cameroun 2022 African Cup of Nations, with Peseiro joining the team to Cameroun as an observer. In a communiqué issued after its executive committee meeting, Wednesday, the NFF also announced that Austin Eguavoen, who was previously appointed as interim coach of the Super Eagles, will now…

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Delta State Police force under the headship of Commissioner of Police, CP Ari Muhammed Ali, is once again receiving encomiums for it’s huge contributions towards ensuring security of the citizenry. Point News247 reports that prior to his entrant as the 20th Commissioner of Police, Delta State Police Command on January 12, 2021, Delta State was notorious for criminality as hoodlums felt free to carry out their atrocious acts. With an estimated land area of 16, 842 square kilometers and a cover landmass of 18, 050 square kilometers of which 60 per cent is land and the rest creeks and streams;…

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