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MTN is currently Nigerian company

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MTN Group’s intention to sell up to 575 million shares in MTN Nigeria to institutional and retail investors has been praised by the Progressive Shareholders Association’s (PSA) National Coordinator, Okezie Boniface. At an Investors Forum hosted at the Lagos Marriott, he expressed his gratitude.

Boniface, speaking at the investors’ event, praised the decision as a testament to the company’s Nigerianness, saying it would allow more Nigerians to participate in the success story.

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“I would want to commend the MTN Group for lowering their shareholding in order to allow more Nigerians to buy shares in MTN Nigeria,” he stated. Their judgment demonstrates that MTN is no longer a foreign corporation, but rather a Nigerian one.

dividends. This is something to be proud of.

“In my opinion, MTN is the best firm for Nigerians to invest in, and I urge every retail investor and every Nigerian to take advantage of this public offer.” He came to a conclusion.

MTN Nigeria’s public offer, which is the first to be conducted digitally in Nigeria, is priced at N169 per share and is available to retail investors. The offering is MTN’s first since its 2019 IPO on the Nigerian Exchange Limited (NGX), and the company hopes to leverage digital integration to attract a large number of investors from throughout the country.

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MTN Nigeria conducted a statewide roadshow following the launch of its public offering to engage potential retail investors in MTN Group’s continuing offer for shares in the company. The roadshow has made stops in numerous Nigerian states, including Sokoto, Kano, Gombe, Akure, Enugu, Calabar, and Port Harcourt, and was headed by key MTN executives including Chief Executive Offer, Karl Olutokun Toriola, and Chief Financial Officer, Modupe Kadri.

Sanwo-Olu Abandons Walk For Peace at COVID-19

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To avoid endangering the lives of any Lagos residents in his honest pursuit for peace, Lagos State Governor, Babajide Sanwo-Olu, has announced that all preparations for the Walk for Peace, which he had previously planned with the youth and various organisations in the state, have been halted.

“Since my last address to you, the good people of Lagos State on Tuesday, November 30, 2021, during which I expressed a desire to lead a Walk for Peace, following the outcome of the work of the Judicial Panel on Restitution for Victims of SARS Related Abuses and Other Matters, I have been inundated with deep expressions of solidarity from various groups and people declaring their readiness to join me on the Walk for Peace, I have been inundated with deep expressions of solidarity from various

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“When the unseen adversary known as Covid-19 began ravaging the planet, including our own country, I assumed the job of Incident Commander in our effort to protect our people’s lives. We were forced to follow the demands of science. We choose to be guided by professional opinions based on research rather than our emotions.

“We have witnessed a considerable increase in cases related with the Omicron variety of this pandemic between Tuesday, November 30, 2021, when I gave my address, and now.”

“In light of this situation, I am forced to halt all Walk for Peace preparations.” In my honest pursuit for peace, I will not imperil the lives of any Lagosians. The outpouring of support for the effort from far and wide has astounded me. The outpouring of support, on the other hand, indicates one thing: our people recognize the critical role of peace in our development efforts.”

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“I look forward to connecting with you as we work together for peace,” Sanwo-Olu stated.

“In fact, I owe a special debt of appreciation to our students and youths, who came out to members of my team or personally to me, expressing their willingness to join me on the scheduled Walk for Peace. Many of our Civil Society Executives, business leaders both inside and outside of Corporate Lagos, religious leaders, members of the Diplomatic Community, entertainers, Market Associations, Trade Associations, and Women Groups have all devoted time and resources to the Peace Walk’s preparation. He said, “I thank you everyone.”

Barcelona will’start from scratch, After exiting Champions League

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Barcelona coach Xavi Hernandez promised to return the Spanish giants to European football’s top after they were knocked out of the Champions League by Bayern Munich 3-0 on Wednesday.

For the first time in 21 years, five-time European winners Barcelona were eliminated in the group stages. Since 2003-04, when they did not qualify for the competition at all, they had reached the final 16 in every season.

Bayern Munich led 2-0 at halftime thanks to goals from Thomas Mueller and Leroy Sane under falling snow at the Allianz Arena, which was barren of fans because to the high number of Covid-19 cases in Bavaria.

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After the break, teen Jamal Musiala scored Bayern’s third goal to clinch Barcelona’s fate.

“I’m enraged.” I don’t like the fact that this is now our reality. “From here, we begin a new period – to work hard and return to the Champions League,” Xavi remarked.

Bayern had already qualified for the knockout stages as Group E winners, having defeated Barca 3-0 at the Camp Nou in September.

They’ve now joined Liverpool and Ajax in the group stage with a perfect six wins from six games.

Barcelona finishes third and drops into the Europa League as Benfica beat Dynamo Kiev 2-0 at home.

Bayern had not lost a home Champions League game in the group stage in almost eight years, and the Bundesliga leaders were not in the mood to be generous.

After his first loss as head coach against Real Betis last weekend, Xavi, 41, has now endured back-to-back defeats in command of struggling Barcelona.

“We start from the beginning. Xavi insisted, “Unfortunately, we are in the Europa League, which is not the right place for us.”

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“We will put in a lot of effort to get Barcelona back on track.” We have a lot of stuff to fix.

“We need to win the Europa League and make up ground in the Spanish league,” says the coach.

“We’ve had some injuries, and we might be able to recruit some more players, but we’re starting from scratch.”

Screamer Insane
Bayern was not even close to being at full strength.

Musiala, 18, was forced to play out of position in defensive midfield alongside Corentin Tolisso due to Joshua Kimmich’s quarantine following a positive Covid test and Leon Goretzka’s injury.

Barcelona started brightly but slumped after losing Jordi Alba to injury after half an hour, just before Mueller put Bayern ahead.

Mueller scored his 50th Champions League goal when his header went past Barcelona goalkeeper Marc-Andre ter Stegen. Robert Lewandowski found space on the left side of the box and flicked a pass to him.

It was a double whammy for the Barcelona bench, who had just learned that Benfica had taken a 2-0 lead over Dynamo in Lisbon.

Sane hit the net with a thunderous long-range strike that fooled Ter Stegen, making things much worse for Barca.

When Bayern attacked immediately after the halftime, Sane should have put the game out of reach.

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He put the ball into Ter Stegen’s thankful arms instead of tapping it into the empty net.

Alphonso Davies, who tormented Barcelona in Bayern’s historic 8-2 quarter-final thrashing, wreaked havoc down the left wing once more.

On 62 minutes, the quicksilver Canadian provided Bayern’s third goal by pulling the ball back for Musiala to tap in from close range.

Bayern coach Julian Nagelsmann began removing first-choice players with 20 minutes remaining and the game virtually finished.

Davies and Kingsley Coman were the first to depart.

Then came star striker Lewandowski and centre-back Niklas Suele, but Barcelona couldn’t get close to Bayern goalkeeper Manuel Neuer.

Mueller backed Xavi to turn Barcelona around after the final whistle.

“When you look at the (Barcelona) team, you can see that they are good players with everything they need,” Mueller remarked.

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“We know things behind the scenes aren’t going so well, and I had the impression they couldn’t find the intensity they required, which aided our case.”

IPOB alleges killing of youths For Driving Flashy Cars

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The Indigenous People of Biafra (IPOB) has expressed concern about reported Igbo youth killings in Imo State.

It called on elders, religious and traditional leadership in the region to intercede in a statement issued by its Media and Publicity Secretary, Emma Powerful.

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IPOB, on the other hand, did not reveal the names of the kids killed, when they were killed, when and where they were killed, or who was accountable for the deaths.

“We’re raising alarm over the incessant killing of Biafran youngsters in Imo State,” the message reads in part.

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It went on to say that some of the victims “did not commit any known crime other than driving expensive cars…

“We condemn the countless deaths that are occurring, particularly during this festive season in Imo State.

U.S. Donates 2.5 Million Doses Of Pfizer COVID-19 Vaccines To Nigeria

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The US has announced a contribution to Nigeria of 2.5 million Pfizer vaccine pills.

The US Embassy issued a statement on Thursday confirming this.

The vaccine doses arrived in Abuja this week, according to the announcement, and were accepted by the National Primary Health Care Development Agency and placed in cold storage in preparation for distribution.

The vaccines will be provided to approximately 3,000 health facilities in all 36 states and the Federal Capital Territory of Abuja. The vaccines will be available for vaccination across the country in the coming weeks, according to the announcement.

“As part of Nigeria’s mass vaccination effort, vaccines will be available at major markets, shopping malls, event centers, motor parks, airports, places of employment, and religious organizations in the coming weeks.”

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“The United States has supplied more than 13.5 million doses of COVID-19 vaccine to Nigeria in conjunction with COVAX or bilaterally,” the statement continued.

“In addition, the US has contributed over $119 million in COVID-19-related health aid.”

According to the US Embassy, COVID-19-related health support includes a 40-bed mobile field hospital, ventilators and related training for 88 facilities, personal protective equipment, technical assistance for vaccination readiness, risk communication, and vaccine demand development.

“Conducting an epidemiological COVID-19 detection and vaccine hesitancy survey,” “setting up electronic record systems, rapid response teams, training for over 200,000 military and civilian personnel on COVID-19 control measures, and technology for virtual training,” and “conducting an epidemiological COVID-19 detection and vaccine hesitancy survey.”

Furthermore, the US used the PEPFAR-funded National Integrated Specimen Referral Network (NiSRN) and laboratory investments to enable the nationwide expansion of the NCDC (153) molecular laboratory network.

According to the statement, the US is committed to assisting in the end of the pandemic in Nigeria and elsewhere, as well as contributing more than one billion vaccine doses globally by early 2022.

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Through the COVAX initiative, this includes African countries. To avoid the introduction of novel variations that harm communities around the world, the United States continues to prioritize improving equitable distribution.

Buhari graces Akande’s book launch in Lagos as Victoria Island on lockdown

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On Thursday, President Muhammadu Buhari will travel to Lagos State for the book launch and presentation of Chief Bisi Akande, the former APC interim chairman.

“My Participations,” as far as we can tell, is the title of the book.

Mr Tunde Rahman, Asiwaju Bola Tinubu’s spokesman, announced on Wednesday that the President would be the Special Guest of Honour, Lagos Governor Babajide Sanwo-Olu would be the Chief Host, and Tinubu would be the Guest of Honour.

The event, which will take place at the Eko Hotel and Suites on Victoria Island, would certainly cause traffic congestion in the surrounding areas due to road closures in anticipation of Buhari’s arrival and exit.

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Furthermore, according to a statement released by the Lagos State Ministry of Transportation on Wednesday, traffic on Ahmadu Bello Way would be diverted from Adeola Odeku Intersection inwards Adetokunbo Ademola Roundabout (Eko Hotel) from 8:00 a.m. to 2:00 p.m. on Thursday, December 9, 2021.

Dr. Frederic Oladeinde, Commissioner of Transportation, indicated that the route will be temporarily closed to motorists, but that alternate routes had been drawn out to assist traffic flow within and around the designated route.

Motorists will be routed to Adeola Odeku through Akin Adesola, as well as Oyin Jolayemi, Oko Awo, and Sanusi Fafunwa, he said, because Akin Adesola, which connects Ahmadu Bello Way to IBM, would be blocked to vehicle traffic.

“Alternatively, vehicles will be able to connect their destinations by using Ozumba Mbadiwe, while traffic from Ozumba Mbadiwe inbound Adetokunbo Ademola will be diverted to Ajose Adeogun, Sanusi Fafunwa, or redirected back to the Civic Events Centre axis to continue their journey,” he said.

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All feeder roads heading to Ahmadu Bello Way from Adeola Odeku intersection, as well as those leading to Eko Hotel from Adetokunbo Ademola Roundabout, would be temporarily blocked to traffic beginning at 5:00 a.m. on the specified date, according to the Commissioner.

He told drivers that signs will be placed along the roadways to direct traffic.

How ten gunmen stormed Imo community, kidnapped traditional ruler

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Damian Nwaigwe, the traditional ruler of Mbutu ancient kingdom in the Aboh Mbaise Local Government Area of Imo State, was kidnapped by gunmen on Thursday morning.

It was discovered that the gunmen numbered in the tens.

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A community source told The Punch that the monarch was kidnapped at his palace around 2: 30 a.m.

According to the source, “Eze Damian Nwaigwe, the traditional ruler of Mbutu ancient kingdom in Imo state’s Aboh Mbaise Local Government Area, has been kidnapped. On Thursday, around 2.30 a.m., the respected king was kidnapped from his palace.

“There were a lot of people who kidnapped him. They arrived in vehicles and numbered in the tens. They barricaded his palace and fired indiscriminately until the monarch was whisked away in a steaming vehicle.

“The king’s palace is secluded. He built his house far away from other villagers’ homes, which made it easy for him to be kidnapped without resistance from his subjects.”

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The incident has sparked fear in the community, with villagers reporting that they have been on high alert since the incident until dawn.

Micheal Abattam, the state’s police spokesperson, confirmed the monarch’s kidnapping.

The command, according to Abattam, is working to save the monarch alive.

Budding Nollywood actress reportedly shot dead in Delta State

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Ngozi Chiemeke, a promising Nollywood actress, was reportedly shot and killed in Delta State on Tuesday, December 7.

According to reports, the aspiring actress was shot at her POS business on Deeper Life Road in Boji Boji, Owa, Delta State’s Ika North Local Government Area.

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DSP Bright Edafe, the state police public relations officer, said an investigation was ongoing and that attempts were being made to apprehend the criminals.

Her assailants are still on the loose.

Buhari denies firing AEDC executives over Abuja blackout

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President Muhammadu Buhari has refuted claims that he ordered the management of the Abuja Electricity Distribution Company (AEDC) to be fired over a workers’ strike that resulted in a power outage in Abuja and its surrounds.

According to a statement released by the presidency on Wednesday, Buhari could not have been so involved in the company’s operations since it was privatized.

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The President, according to a statement released by presidential spokesperson Garba Shehu, encouraged ongoing negotiations with appropriate parties to tackle the challenges surrounding the company’s recent developments.

“The Presidency wishes to respond to a news item circulating, attributed to the Minister of State for Power, claiming President Muhammadu Buhari has ordered the sack and replacement of the management of the Abuja Electricity Distribution Company, AEDC,” the statement reads.

“This isn’t possible. The successor firms’ administration has reverted to the new owners since the privatization of the Power Sector in 2013. As a result, the President being tied to the management of a private firm, let alone sacking it, is completely out of place and unthinkable.

“It’s heartening to see that the Minister referenced in the statement has taken a stand against it.”

As a result, the Presidency wishes to announce unequivocally and reassure investors in the economy that President Buhari did not order the dismissal of AEDC’s management, nor does he plan to meddle in the operations of private businesses.

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“However, the Presidency welcomed ongoing conversations with essential players to resolve difficulties regarding the company’s recent developments.”

Russia hits out US, UK, others over democracy summit

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Russia has chastised the United States, the United Kingdom, and EU member states for failing to respect democratic rights and freedoms at home and abroad.
This comes as the United States prepares to host a democracy conference on December 9-10, at the initiative of the US government.

It was included in a Russian Foreign Ministry statement on the next US democracy summit and made public.

“In conjunction with the so-called summit for democracy, which will take place on December 9-10 at the initiative of the US administration, we believe it is appropriate to make the following declaration,” the statement added.

“The organizers and supporters of this bizarre gathering claim to be at the forefront of the global fight for democracy and human rights. However, the United States, the United Kingdom, and EU member states’ track records and reputations in terms of upholding democratic rights and freedoms at home and abroad are, to put it mildly, far from ideal.

“The evidence implies that the United States and its allies cannot and should not claim to be a “beacon” of democracy because they have long-standing issues with freedom of speech, election administration, corruption, and human rights.”

“In truth, the partisan and corporate elites dictate the editorial agenda of major Western media institutions. To repress dissent in the media, well-oiled mechanisms for censorship, self-censorship, and the removal of unwelcome accounts and information from digital platforms are used, which “represents a gross breach of the right to free expression espoused by the West,” according to the statement.

“Social media platforms controlled by US businesses are routinely used for disinformation, propaganda, and public opinion manipulation,” it went on to say. In Western countries, mass electronic surveillance by intelligence services and the IT companies that work with them has become a way of life.

“During the election campaign in the United States around a year ago, the globe watched as the country’s outdated electoral system began to unravel. The current vote-counting system has shown to have a number of flaws. Millions of Americans are skeptical about the 2020 presidential election’s fairness and openness. This is understandable, given that the process and outcome included dubious techniques like gerrymandering, multi-week postal voting, and denying observers, particularly international observers, access to polling sites.

“The continued retaliation by US police against demonstrators outside the Capitol on January 6, whom the US administration and affiliated media publicly refer to as “domestic terrorists,” raises serious problems. Hundreds of people who disagreed with the presidential election results have been sentenced to prison terms that are disproportionate to their anti-government activities.

“While posing as the “global democratic leader,” the United States has dominated the world in the number of inmates for many years” (over 2 million people). Many prisons have conditions that are degrading to human dignity. The United States continues to remain mute on the issue of torture at the Guantanamo Bay jail. The US intelligence services were the first to establish secret prisons in ally countries, a tactic that had never been done before in the modern world.

“In the United States, lobbying is essentially legalized corruption. Big industry has de facto control over legislatures. They primarily protect the interests of their sponsors, such as corporate corporations, both domestically and globally, rather than the people, or voters.

Against this backdrop, Washington’s democratizing rhetoric is not only completely out of touch with reality, but also blatantly disingenuous. Before going on the path of “exporting democracy,” we urge our North American friends to address their domestic difficulties first, and to work to bridge the widening societal divides on issues of ethics, values, and historical and future visions. It stated that “humbly conceding that US democracy is not perfect” is “obviously not enough.”

According to Russia, neither the United Kingdom nor the United States can claim to be progressive democracies. With escalating occurrences of racism and discrimination against ethnic and cultural minorities in many aspects of public life, that country is a welcome home for organizations espousing neo-Nazi ideology. There have been reports of British intelligence obtaining personal information about their own residents without their consent, and police violence, particularly against peaceful demonstrations, has grown regular.”

“The situation in the EU is no better,” it said. The legitimate rights and interests of ethnic Russians and Russian-speaking residents in the Baltic states, Ukraine, and Moldova are repeatedly ignored by Brussels. It ignores the mythmaking of new EU member nations in political history, where former Nazi stooges who perpetrated war atrocities are hailed as national heroes. In many EU countries, administrative repression of dissent, aggressive inculcation of ultra-liberal ideals and practices that are eroding the Christian underpinnings of European civilisation have become the norm.”

According to Russia, the United States and a tiny group of its friends, claiming to be on the right side of ideology and morals, have damaged faith in themselves by aggressive activities on the world stage under the banner of “supporting democracy.” Over the last 30 years, there have been more than a dozen military interventions and attempts at “regime change.” Provocative military-political actions frequently violate international law and result in nothing but turmoil and destruction.”

“Recent history demonstrates that military excursions aimed at forcing democratisation have resulted in terrible conflicts and national catastrophes in the nations that have been victims of this policy, like former Yugoslavia, Afghanistan, Iraq, Libya, and Syria,” the statement stated. The need to combat terrorism and WMD proliferation, as well as “to protect people,” were all used as pretexts to start conflicts.

“Everyone recalls how, following the military involvement of “the coalition of the willing” in Iraq in 2003, President George W. Bush pronounced the victory of democracy in that country from the deck of the Abraham Lincoln aircraft carrier. What transpired after that is well-known. “Today, there are no precise data, but estimations suggest that hundreds of thousands of Iraqis died before their time,” it said.

Despite spending trillions of dollars, Russia said the US mission in Afghanistan was a complete failure, adding that the chaotic withdrawal of Americans and other members of the US-led coalition from Kabul in August was the sad denouement of a more than two-decade-long “war on terror.”

“Libya has yet to recover from NATO’s intervention to “defend people,” it added. Libya was a stable country with acceptable living conditions for its people, notwithstanding the idiosyncrasies of the old Jamahiriya’s socio-political structure. This ill-advised military intervention resulted in the unchecked circulation of weapons and terrorists throughout the Sahara-Sahel region, among other things.”

“We may keep mentioning examples demonstrating the hypocrisy at the heart of this “conference for democracy,” Russia warned. Is it, nevertheless, necessary?”

“Russia, which our Western colleagues have recently accused of practically every fatal vice, is reforming its foreign policy. We don’t force our development model on others. Every nation’s cultural and religious identity, as well as the unique characteristics of its political systems, are respected. We also recognize that each country has the freedom to determine its own growth path. No one will be forced to accept our worldview. The UN Charter #OurRulesUNCharter is the set of norms that we observe in the international arena,” it stated.

“Russia strives to play a balancing, stabilizing role in world politics,” the statement stated. We believe in state sovereignty, non-interference in their internal affairs, the avoidance of the use of force or the threat of force, and the peaceful resolution of disputes. We support international relations based on peaceful coexistence, cooperation, and solidarity, universal security, and equitable distribution of globalization’s benefits.

Russia is a global superpower with Eurasian and European roots. It does not follow trans-Atlantic political, economic, and cultural models exclusively in determining its development path. We oppose the aggressive imposition of so-called “new ethics,” which are eroding moral standards that have been sustained by established religions and recognized by humanity for ages.”

“Through a non-confrontational and well-balanced foreign policy, we seek to offer possibilities for all international players to flourish freely.” We do not follow the Western countries’ lead and do not interfere in their internal affairs: if individuals in these countries, or some of them, support the erosion of traditional moral and spiritual values, we express our regret but do not intervene,” it stated.

“We embrace communication between cultures, religions, and civilisations as an important tool for forging a uniting agenda and fostering trust in state-society relations,” the statement stated.

“To address critical issues, we ask all foreign partners to adhere to international law and enforce the principle of sovereign equality of nations, which is established in the UN Charter, rather than participate in “democracy promotion” or draw new dividing lines.” It represents the framework for a democratic world order, which the United States and its allies reject.

As mankind continues to fight the COVID-19 pandemic and its aftereffects, collaboration among all governments based on the UN Charter’s values is more important than ever.

It went on to say that the “conference for democracy” will be widely watched.