Wednesday, July 1, 2026
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EPL winner: Supercomputer makes fresh title prediction

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Opta’s supercomputer has predicted that Arsenal will emerge champions of the Premier League this season, despite their recent slip against Wolverhampton Wanderers.

The Gunners were held to a 2-2 draw at Molineux on Wednesday night, dropping two valuable points in the title race. Goals from Bukayo Saka and Piero Hincapie ensured Arsenal secured a share of the spoils.

 

The result leaves Mikel Arteta’s men five points clear of reigning champions Manchester City, although Pep Guardiola’s side still have a game in hand.

 

Despite the setback, Opta’s supercomputer continues to favor the North London club in the title race. According to its latest projections, Arsenal is expected to finish the campaign with approximately 80.58 points and hold an 80.92 percent probability of lifting the Premier League trophy.

Naira to dollar exchange rate today

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The naira posted mixed performances against the United States dollar on Wednesday, February 18th 2026, depreciating at the official market while strengthening in the parallel segment.

Data from the Central Bank of Nigeria indicated that the local currency weakened to N1,338.11 per dollar on Wednesday, compared to N1,335.96 recorded on Tuesday. This represents a day-on-day decline of N2.15 at the official foreign exchange window.

In contrast, the naira appreciated at the parallel market, commonly referred to as the black market, gaining N20 to close at N1,470 per dollar from the N1,490 traded the previous day.

A Bureau De Change operator in Wuse Zone 4, Abubakar Bagazzi, linked the currency’s improved performance in the parallel market to reduced demand for the greenback.

Meanwhile, Nigeria’s external reserves continued on an upward trend, rising to $48.50 billion as of February 17, from $48.37 billion recorded a day earlier.

Former South Korean president sentenced to life imprisonment 

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A South Korean court on Thursday sentenced former president Yoon Suk Yeol to life imprisonment after finding him guilty of abuse of authority and masterminding an insurrection linked to his December 2024 attempt to impose martial law.

Prosecutors had pushed for the death penalty in the high-profile case, which has drawn intense public attention in a deeply divided nation. They argued that Yoon’s declaration of emergency martial law was unconstitutional and illegal and that it undermined the functions of the National Assembly and the Election Commission.

Under South Korean law, the offense of leading an insurrection carries a maximum penalty of death or life imprisonment. Although the country last issued a death sentence in 2016, it has not carried out an execution since 1997.

Security was tightened around the Seoul Central District Court, where police buses formed a cordon as proceedings continued.

The court is also considering allegations that Yoon ordered troops to storm parliament to remove and detain political opponents. He is further accused of deploying soldiers and police officers to block and control access to key facilities, including an opposition party building.

The 65-year-old former leader has denied all charges. He remains in custody at the Seoul Detention Centre and is expected to stay there pending further legal proceedings.

According to prosecutors, Yoon is likely to appeal the verdict. If convicted on appeal, he may still challenge the decision at the Supreme Court.

Lagos govt bans mini ‘korope’ buses

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The Lagos State Government has banned minibus operators, popularly known as “korope” in parts of the state.

The state government condemned the blockage of traffic along the CMS–Lekki–Epe by operators of korope, describing the action as a breach of agreements previously reached with transport unions.

 

In a statement issued by the Lagos State Ministry of Transportation, the government said the disruption occurred on February 17 and 18, 2026, despite what it described as “extensive consultations and consensus-building” with stakeholders.

 

According to the statement, authorities had engaged the National Union of Road Transport Workers (NURTW) and the Road Transport Employers Association of Nigeria (RTEAN) before implementing reforms along the Lekki–Epe corridor.

 

Speaking on behalf of the government, the Special Adviser on Transportation, Sola Giwa, said the protest by some operators undermines the Bus Reform Initiative (BRI), which aims to improve public transportation services along the busy axis.

 

“Such disruptions go against the agreements we made with the unions,” Giwa said.

 

“The government has worked closely with all stakeholders to provide safe and efficient transportation for Lagos residents. We strongly encourage all operators to comply with the reform in the interest of commuters and the state.”

 

He added that the reform was designed to create order and accountability within the transport system. “The success of this initiative depends on the cooperation of all transport operators. Non-compliance will not be tolerated,” he warned.

 

The Bus Reform Initiative, first introduced in 2024, seeks to restructure public transportation on major routes across the state. The plan includes deploying high-capacity buses, relocating mini-buses to inner arterial roads, introducing e-ticketing, regulating operations, and strengthening security along the corridor.

 

At a stakeholders’ meeting on June 27, 2024, government officials and union leaders endorsed a formal framework for the reform. A follow-up meeting held on December 2, 2025, fixed December 8, 2025, as the official commencement date.

 

The first phase of the initiative covers four major routes: Ajah–CMS (Marina)/Obalende, Ajah–Oshodi, Ajah–Berger, and Ajah–Iyana Ipaja.

 

Under the new arrangement, one operator provides express services while others run regular stopping services. Participating buses are painted in the standard Lagos blue-and-white colors and fitted with QR-coded PTCS stickers, unique identification numbers, and Touch and Pay (TAP) systems. Drivers are also required to display official Ministry badges to enhance accountability and boost commuter confidence.

 

Giwa reiterated the state’s commitment to improving transport operations. “We remain determined to protect commuters’ interests and ensure that Lagos continues to operate as a safe and efficient transport city,” he said.

 

The government assured that engagement with stakeholders would continue but stressed that strict enforcement of the Bus Reform Initiative would be sustained.

Plateau Govt finally reacts after 37 dead from poisonous gas explosion in mining site 

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The Plateau State Government has expressed deep sorrow over a carbon dioxide explosion at a mining site in Kampani Zurak, Wase Local Government Area, owned by Solid Unit Nig. Ltd.

The tragic incident, which occurred inside a tunnel, claimed several lives and left others injured. The Plateau State Police Command had earlier confirmed that 37 persons died, while 26 others are currently receiving treatment at a government hospital.

In a statement, Governor Caleb Mutfwang extended heartfelt condolences to the families of the victims, saying the government shares in their grief during this difficult period.

“The government shares in the pain of the bereaved families during this difficult time and prays that God grants them the strength and comfort to bear this irreparable loss,” the governor said.

He also wished the injured a speedy recovery and assured them of the state government’s full support. Mutfwang called on residents to remain calm and refrain from spreading unverified information.

The governor stressed the urgent need to reinforce safety protocols in mining operations across the state, emphasizing strict adherence to safety standards and environmental regulations.

The state government further assured that it would work closely with federal authorities, regulatory agencies, and other stakeholders to investigate the cause of the explosion and implement comprehensive safety measures to prevent a recurrence.

Commissioner for Information and Communication Joyce Ramnap reiterated the administration’s commitment to protecting lives and ensuring responsible mining practices throughout the state.

Nigerian Newssphere recallscthat Nigerian kept mum after several persons dead in a poisonous gas explosion at a mining site.

 

EPL Table: Arsenal slip in title race against Man City after draw with Wolves

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Arsenal missed the chance to extend their lead at the top of the Premier League table after surrendering a two-goal advantage to draw 2-2 with Wolves at Molineux.

The Gunners headed into the rescheduled fixture aiming to move seven points clear of champions Manchester City but were forced to settle for a share of the spoils.

Bukayo Saka, who recently signed a new contract, gave Arsenal F.C. an early lead, putting Mikel Arteta’s side in control.

The visitors doubled their advantage in the second half when Piero Hincapié fired past Wolves goalkeeper José S. á.

However, the hosts responded strongly. Hugo Bueno pulled one back in the 61st minute to spark hopes of a comeback before Riccardo Calafiori inadvertently turned the ball into his own net, ensuring the match ended level.

The result leaves Arsenal 5 points ahead of Manchester City F.C., who have the opportunity to close the gap to just two points when they host Newcastle United F.C. on Saturday.

 

 

ICPC arrests Nasir El-Rufai shortly after EFCC release

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The Independent Corrupt Practices and Other Related Offences has announced that it has detained the former Governor of Kaduna State, Nasir El-Rufai.

The Commission’s spokesperson, John Odey, disclosed this in a statement on Wednesday night.

He noted that his arrest comes in connection with an ongoing investigation against the former governor and African Democratic Congress stalwart.

“The Independent Corrupt Practices and Other Related Offences writes to state that Malam Nasiru El-Rufai, the former Governor of Kaduna State, is in our custody as of close of work today, Wednesday, the 18th day of February, 2026. Malam Nasiru El-Rufai is in the custody of the Commission in connection with investigations.”

Recall that the Economic and Financial Crimes Commission had detained El-Rufai for two days before his brief release on Wednesday.

El-Rufai had honored the invitation by the EFCC over the alleged N432 billion corruption allegation in his time as governor.

 

 

Oil & Gas revenues: Tinubu signs fresh executive order

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Tinubu

President Bola Tinubu has signed a new executive order aimed at protecting and boosting oil and gas revenues accruing to the Federation, eliminating wasteful spending, and dismantling duplicative structures within the sector.

The President’s Special Adviser on Information and Strategy, Bayo Onanuga, disclosed this in a statement on Wednesday. He said the Executive Order was issued pursuant to Section 5 of the 1999 Constitution (as amended).

The directive is anchored on Section 44(3) of the Constitution, which vests the ownership and control of all minerals, mineral oils, and natural gas in Nigeria—including those in territorial waters and the Exclusive Economic Zone—in the Federal Government.

According to the statement, the Executive Order seeks to restore the constitutional revenue entitlements of the Federal, State, and Local Governments, which were altered following the enactment of the Petroleum Industry Act in 2021.

The government noted that the Act created structural and legal mechanisms that have led to significant revenue losses to the Federation through various deductions, charges, and fees.

Under the existing framework, Nigerian National Petroleum Company Limited retains 30 percent of the Federation’s oil revenues as a management fee on profit oil and profit gas from production sharing contracts, profit sharing contracts, and risk service contracts.

The statement explained that in addition to an existing 20 percent retention, the extra 30 percent management fee is considered unjustifiable, as retained earnings are deemed sufficient to cover the company’s operational responsibilities under the contracts.

It further pointed out that NNPC Limited also retains another 30 percent of oil and profit gas under the same contract arrangements as the Frontier Exploration Fund, as provided under Sections 9(4) and (5) of the PIA.

The government expressed concern that allocating such substantial funds to speculative frontier exploration could result in large idle cash balances and inefficient spending, particularly at a time when public resources are urgently needed for national priorities such as security, education, healthcare, and energy transition investments.

The statement also referenced the Midstream and Downstream Gas Infrastructure Fund established under Section 52(7)(d) of the PIA and funded through gas flaring penalties under Section 104. The fund is intended to support environmental remediation and relief for host communities affected by gas flaring.

However, it noted that Section 103 of the PIA had already created a dedicated Environmental Remediation Fund, administered by the Nigerian Upstream Petroleum Regulatory Commission, to finance the rehabilitation of communities impacted by upstream petroleum activities, including gas flaring.

The government argued that the existence of overlapping funds and levies has contributed to inefficiencies within the sector, which the new Executive Order seeks to address in order to strengthen revenue management and ensure optimal use of national resources.

Real reason I signed Nigeria’s electoral act—Tinubu

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President Tinbu

President Bola Tinubu explained the real reason he signed the final amendments to the 2022 Electoral Act into law.

He described the move as a crucial step toward strengthening Nigeria’s democratic framework.

Speaking after assenting to the revised legislation, Tinubu said the changes were aimed at improving electoral procedures and addressing existing loopholes, rather than advancing partisan interests.

 

“These amendments are not about politics. They are about process. They are about closing gaps, strengthening procedures, and providing greater clarity to those who conduct and participate in our elections,” the president stated.

 

He noted that democratic systems must continuously evolve through periodic reviews after each election cycle to correct shortcomings and enhance public trust.

 

“After every election cycle, we owe Nigerians an honest look at what worked and what must work better. That is how serious democracies behave, and our laws must grow with experience,” he said.

 

Tinubu stressed the need to build voter confidence in the credibility of elections, emphasizing that trust in the system must be deliberately cultivated.

 

“When citizens walk into a polling unit, they must do so with confidence. When results are declared, they must be trusted. That confidence is built deliberately, and not by chance,” he added.

 

The president also commended the National Assembly for its cooperation in finalizing the amendments, describing the process as a reflection of national responsibility and collaboration.

 

“I sincerely thank the National Assembly for its cooperation and sense of national responsibility in bringing this process to a successful conclusion,” he said.

 

Reaffirming his administration’s commitment to strengthening democratic institutions, Tinubu declared, “The work of strengthening our democracy continues, and we shall not relent.”

 

The Nigerian news sphere recalls that President Tinubu signed the country’s electoral act barely 24 hours after National Assembly passage amid controversy.

2027: Tinubu ignores controversy, signs electoral act

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President Tinbu

President Bola Tinubu has signed the Electoral Act, 2022 (Repeal and Re-Enactment) Bill 2026 into law, ushering in fresh changes to Nigeria’s electoral framework.

The development follows the Senate’s approval of electronic transmission of election results, while retaining manual collation as a backup option.

President Tinubu signed that bill around 5:00 pm on Wednesday in the presence of National Assembly leaders at the Presidential Villa.

Recall passage of the bill by the National Assembly has triggered mixed reactions and renewed debate across various quarters of the country, with stakeholders expressing differing views over the inclusion of manual fallback.

However, the president ignored dissenting views over the bill to put pen to paper on Wednesday.

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