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  •  The Nigerians in Diaspora Commission NiDCOM says its primary role is to advise Nigerians at home and in the Diaspora The commission made the clarification on Thursday in a statement by Abdur Rahman Balogun its Head of Media Public Relations and Protocol The commission was reacting to a letter purportedly written to the commission by Mr Hidayet Bayraktar the Ambassador of the Republic of T rkiye on the welfare of Nigerians living in Turkish Republic of Northern Cyprus TRNC It stated that firstly no official letter was received till date in our office except the unsigned one being circulated in the media However we thank the Ambassador and are glad that our recent media briefing has elicited his response pertaining to the unfortunate incidents in TRNC It will be recalled that Hon Dabiri Erewa and a team from NiDCOM had been to the Turkish Embassy twice to discuss issues related to Nigerians welfare in TRNC but got no response from the Ambassador It is on record that we received petitions on regular basis from Nigerians especially parents whose children had been victims in one way or the other in TRNC Some of the deaths recorded in TRNC without any resolution from 2016 till date include Mr Ibrahim Khaleel Bello 25 son of Justice Amina Ahmad Bello of Kaduna State High Court 2020 Kennedy Taomwabwa Dede 28 student of Eastern Mediterranean University who was killed on Feb 1 2018 Walshak Augustine Ngok a student of Marine Engineering at Near East University murdered on April 19 2019 Gabriel Soriwei a first year student of Electrical Electronics of Cyprus International University Nicosia Others are Osabanjo Adeola Owoyale 33 who went missing and was found dead on July 1 2019 Augustine Wallies killed on April 19 2019 Stanley Eteimo 28 Hassan Babatunde 28 Temitayo Adigun Kubiat Abasi Abraham Okon Oziegbe Gospower Airekugose and Olasubomi Ope the commission indicated It appealed to the Turkish embassy to do all it could to protect Nigerians in TRNC particularly students and we are optimistic that the reaction to our recent statement would elicit a positive and pro active reaction from the Embassy While we pray for the repose of the souls of many students who have died in mysterious circumstances in TRNC we also pray and hope that only good stories would henceforth emanate from Northern Cyprus Above all what we have given is advisory in line with our citizens diplomacy One has option to either key into it or ignore It should not be misconstrued as exaggeration or an attempt to scare away potential travellers to TRNC Whether it is Nigerians killing Nigerians or drug related crimes there is some form of danger emanating from Northern Cyprus as alluded to in the ambassador s letter I do not dispute that some unfortunate criminal incidents took place in the TRNC as it happens in any part of the world However the occurrence of such incidents is certainly not a daily routine and all these cases are taken seriously and investigated thoroughly by the TRNC authorities Moreover since in many cases Nigerian citizens are not only victims but also perpetrators of crimes committed in the TRNC necessary measures will be taken by the relevant agencies in order to prevent young Nigerians and every other student from falling victim This is our concern as responsible Commission whose mandate is to oversee the welfare and well being of Nigerians even if it is only one person it is enough to exaggerate about on their protection and we are glad that the Ambassador has promised to take necessary measures In as much as we do advise our citizens to always be law abiding wherever they find themselves and be good ambassadors of the country Nigeria will not fold its arms and allow her citizens to be molested or killed in any unjustifiable manner while seeking for knowledge in a foreign land May we continue to witness peace love and mutual respect across the land the statement quoted Mrs A bike Dabiri Erewa Chairman of the commission as saying However the Turkish Ambassador in an open letter to the NiDCOM chief said he had read the recent statement of the commission s chairman warning Nigerian citizens against travelling to the TRNC He said he was compelled to express our reservations about the manner in which the allegations are framed as they are offhandedly publicised without any official lines of communication There are currently 50 561 international students from 145 countries and various teaching staff from 65 different countries in the TRNC Until now I have come across no other official statement aside from Mrs Dabiri Erewa s criticising the TRNC on such grounds he said He added that though he would not dispute that some unfortunate criminal incidents took place in the TRNC as it happens in any part of the world He said that his home government had taken necessary precautions recently making a new cooperation proposal to the United Nations UN to address the illegal migration issue by establishing a joint committee between the authorities of the two sides on the Island with the inclusion of the UN nannies NewsSourceCredit NAN
    Northern Cyprus: Our role is advisory – NiDCOM
     The Nigerians in Diaspora Commission NiDCOM says its primary role is to advise Nigerians at home and in the Diaspora The commission made the clarification on Thursday in a statement by Abdur Rahman Balogun its Head of Media Public Relations and Protocol The commission was reacting to a letter purportedly written to the commission by Mr Hidayet Bayraktar the Ambassador of the Republic of T rkiye on the welfare of Nigerians living in Turkish Republic of Northern Cyprus TRNC It stated that firstly no official letter was received till date in our office except the unsigned one being circulated in the media However we thank the Ambassador and are glad that our recent media briefing has elicited his response pertaining to the unfortunate incidents in TRNC It will be recalled that Hon Dabiri Erewa and a team from NiDCOM had been to the Turkish Embassy twice to discuss issues related to Nigerians welfare in TRNC but got no response from the Ambassador It is on record that we received petitions on regular basis from Nigerians especially parents whose children had been victims in one way or the other in TRNC Some of the deaths recorded in TRNC without any resolution from 2016 till date include Mr Ibrahim Khaleel Bello 25 son of Justice Amina Ahmad Bello of Kaduna State High Court 2020 Kennedy Taomwabwa Dede 28 student of Eastern Mediterranean University who was killed on Feb 1 2018 Walshak Augustine Ngok a student of Marine Engineering at Near East University murdered on April 19 2019 Gabriel Soriwei a first year student of Electrical Electronics of Cyprus International University Nicosia Others are Osabanjo Adeola Owoyale 33 who went missing and was found dead on July 1 2019 Augustine Wallies killed on April 19 2019 Stanley Eteimo 28 Hassan Babatunde 28 Temitayo Adigun Kubiat Abasi Abraham Okon Oziegbe Gospower Airekugose and Olasubomi Ope the commission indicated It appealed to the Turkish embassy to do all it could to protect Nigerians in TRNC particularly students and we are optimistic that the reaction to our recent statement would elicit a positive and pro active reaction from the Embassy While we pray for the repose of the souls of many students who have died in mysterious circumstances in TRNC we also pray and hope that only good stories would henceforth emanate from Northern Cyprus Above all what we have given is advisory in line with our citizens diplomacy One has option to either key into it or ignore It should not be misconstrued as exaggeration or an attempt to scare away potential travellers to TRNC Whether it is Nigerians killing Nigerians or drug related crimes there is some form of danger emanating from Northern Cyprus as alluded to in the ambassador s letter I do not dispute that some unfortunate criminal incidents took place in the TRNC as it happens in any part of the world However the occurrence of such incidents is certainly not a daily routine and all these cases are taken seriously and investigated thoroughly by the TRNC authorities Moreover since in many cases Nigerian citizens are not only victims but also perpetrators of crimes committed in the TRNC necessary measures will be taken by the relevant agencies in order to prevent young Nigerians and every other student from falling victim This is our concern as responsible Commission whose mandate is to oversee the welfare and well being of Nigerians even if it is only one person it is enough to exaggerate about on their protection and we are glad that the Ambassador has promised to take necessary measures In as much as we do advise our citizens to always be law abiding wherever they find themselves and be good ambassadors of the country Nigeria will not fold its arms and allow her citizens to be molested or killed in any unjustifiable manner while seeking for knowledge in a foreign land May we continue to witness peace love and mutual respect across the land the statement quoted Mrs A bike Dabiri Erewa Chairman of the commission as saying However the Turkish Ambassador in an open letter to the NiDCOM chief said he had read the recent statement of the commission s chairman warning Nigerian citizens against travelling to the TRNC He said he was compelled to express our reservations about the manner in which the allegations are framed as they are offhandedly publicised without any official lines of communication There are currently 50 561 international students from 145 countries and various teaching staff from 65 different countries in the TRNC Until now I have come across no other official statement aside from Mrs Dabiri Erewa s criticising the TRNC on such grounds he said He added that though he would not dispute that some unfortunate criminal incidents took place in the TRNC as it happens in any part of the world He said that his home government had taken necessary precautions recently making a new cooperation proposal to the United Nations UN to address the illegal migration issue by establishing a joint committee between the authorities of the two sides on the Island with the inclusion of the UN nannies NewsSourceCredit NAN
    Northern Cyprus: Our role is advisory – NiDCOM
    Foreign3 months ago

    Northern Cyprus: Our role is advisory – NiDCOM

    The Nigerians in Diaspora Commission (NiDCOM) says its primary role is to advise Nigerians at home and in the Diaspora.

    The commission made the clarification on Thursday in a statement by Abdur-Rahman Balogun, its Head of Media, Public Relations, and Protocol.

    The commission was reacting to a letter purportedly written to the commission by Mr Hidayet Bayraktar, the Ambassador of the Republic of Türkiye on the welfare of Nigerians living in Turkish Republic of Northern Cyprus (TRNC).  

    It stated that firstly, no official letter was received till date “in our office except the unsigned one being circulated in the media.

    ” “However, we thank the Ambassador and are glad that our recent media briefing has elicited his response pertaining to the unfortunate incidents in TRNC.

    “It will be recalled that Hon. Dabiri-Erewa and a team from NiDCOM had been to the Turkish Embassy twice to discuss issues related to Nigerians’ welfare in TRNC, but got no response from the Ambassador.

    “It is on record that we received petitions on regular basis from Nigerians, especially parents whose children had been victims in one way or the other in TRNC.

    Some of the deaths recorded in TRNC without any resolution from 2016 till date include: “Mr Ibrahim Khaleel Bello (25), son of Justice Amina Ahmad Bello of Kaduna State High Court (2020); Kennedy Taomwabwa Dede, 28, student of Eastern Mediterranean University who was killed on Feb. 1, 2018. “Walshak Augustine Ngok, a student of Marine Engineering at Near East University, murdered on April 19, 2019. Gabriel Soriwei, a first year student of Electrical Electronics of Cyprus International University, Nicosia.

    “Others are, Osabanjo Adeola Owoyale, 33, who went missing and was found dead on July 1, 2019; Augustine Wallies killed on April 19, 2019; Stanley Eteimo, ( 28); Hassan Babatunde, (28); Temitayo Adigun; Kubiat Abasi Abraham Okon; Oziegbe Gospower Airekugose; and Olasubomi Ope,” the commission indicated. 

    It appealed to the Turkish embassy to do all it could to protect Nigerians in TRNC, particularly students, and “we are optimistic that the reaction to our recent statement would elicit a positive and pro- active reaction from the Embassy.

    “While we pray for the repose of the souls of many students who have died in mysterious circumstances in TRNC, we also pray and hope that only good stories would henceforth emanate from Northern Cyprus.

    “Above all, what we have given is advisory in line with our citizens diplomacy.

    One has option to either key into it or ignore .

    “It should not be misconstrued as exaggeration or an attempt to scare away potential travellers to TRNC.

    “Whether it is Nigerians killing Nigerians or drug-related crimes, there is some form of danger emanating from Northern Cyprus as alluded to in the ambassador’s letter.

    “I do not dispute that some unfortunate criminal incidents took place in the TRNC, as it happens in any part of the world.

    “However, the occurrence of such incidents is certainly not a daily routine and all these cases are taken seriously and investigated thoroughly by the TRNC authorities.

    “Moreover, since in many cases, Nigerian citizens are not only victims, but also perpetrators of crimes committed in the TRNC, necessary measures will be taken by the relevant agencies in order to prevent young Nigerians and every other student from falling victim.

    “This is our concern as responsible Commission whose mandate is to oversee the welfare and well being of Nigerians even if it is only one person, it is enough to exaggerate about on their protection, and we are glad that the Ambassador has promised to take necessary measures.

    “In as much as we do advise our citizens to always be law abiding wherever they find themselves and be good ambassadors of the country, Nigeria will not fold its arms and allow her citizens to be molested or killed in any unjustifiable manner while seeking for knowledge in a foreign land.

    “May we continue to witness peace, love, and mutual respect across the land,” the statement quoted Mrs A bike Dabiri-Erewa, Chairman of the commission as saying.

    However, the Turkish Ambassador in an open letter to the NiDCOM chief, said he had read the recent statement of the commission’s chairman warning Nigerian citizens against travelling to the TRNC. 

    He said he was compelled to express “our reservations about the manner in which the allegations are framed, as they are offhandedly publicised without any official lines of communication.  

    “There are currently 50,561 international students from 145 countries and various teaching staff from 65 different countries, in the TRNC.

    “Until now, I have come across no other official statement, aside from Mrs. Dabiri-Erewa’s, criticising the TRNC on such grounds,” he said.

    He added that though he would not dispute that some unfortunate criminal incidents took place in the TRNC, as it happens in any part of the world.

    He said that his home government had taken necessary precautions recently making a new cooperation proposal to the United Nations (UN) to address the illegal migration issue, by establishing a joint committee between the authorities of the two sides on the Island, with the inclusion of the UN.

    nannies.

    (
    NewsSourceCredit: NAN

  •  The Mediterranean Sea is being invaded by hundreds of fish jellyfish shrimp and other marine species from outside the region More than 1 000 non native species have been identified in the Mediterranean and Black Seas More than half have established permanent populations and are spreading raising concerns about the threat they pose to marine ecosystems and local fishing communities Climate change and human activities have had a profound impact on the Mediterranean and the Black Sea says Stefano Lelli an eastern Mediterranean fisheries expert who works for the General Fisheries Commission for the Mediterranean GFCM This regional fisheries management body established by the FAO is leading efforts to promote sustainable fisheries and aquaculture in the Mediterranean and Black Seas It works with fishermen conservationists scientists and government authorities to better understand the increase in non native species and help countries improve their mitigation and management measures We have witnessed a rapid and significant alteration of marine ecosystems and this has caused various impacts on the livelihoods of local communities In the coming years we hope that the number of non native species will continue to increase adds Lelli The Mediterranean Sea is undergoing a process of tropicalization as water temperatures rise largely due to climate change In addition many species have migrated through busy shipping routes such as the Strait of Gibraltar or the Suez Canal often attached to the hull of ships or inside them in ballast water Other species such as the Pacific cup oyster and the Japanese carpet shell were introduced for aquaculture during the 1960s and 1970s and have since escaped and colonized Mediterranean ecosystems Once established non native species can outcompete native ones and disrupt surrounding ecosystems with potential economic implications for fisheries and tourism or even human health For example six species of poisonous and venomous non indigenous fish such as puffer fish lion fish and various species of jellyfish are now present in the eastern Mediterranean and can be toxic to humans if touched or ingested The FAO GFCM is supporting Cyprus Egypt Greece Lebanon Israel Syria and Turkey in the complex task of mapping monitoring and managing these invasive species This Commission also serves as a forum for affected countries to share information and strategies The results and lessons learned from this process should generate knowledge about non native species so that they can be managed effectively says Elisabetta Morello GFCM fisheries officer Turning a threat into an opportunity Fishermen throughout the region have been affected by this trend However with the support of the CGPM they are finding new ways to turn these invasions into opportunities In southwestern Turkey where invasive species can account for 80 percent of the catch in some areas fishermen are gradually creating new consumer and export markets for species such as lionfish sea urchins and Randall s bream Lebanon is also training fishermen to catch non indigenous species encouraging consumers to try them Rabbitfish Red Sea goatfish and lionfish are some examples of non native species that are becoming a source of income in Lebanon says Manal Nader Associate Professor and Director of the Environment Institute of Lebanon Balamand University in Lebanon In Tunisia two non indigenous species of blue crabs which threatened traditional fisheries became a lucrative business when FAO and the Tunisian government helped connect fishermen to new markets The same is happening in Spain and other parts of the Mediterranean which has triggered a specific GFCM research program to manage these species Monitoring and mitigating the impacts of non native species on marine ecosystems is costly and in most cases eradication is impossible says Miguel Bernal GFCM Senior Fisheries Officer Where commercialization and harvesting are possible whether as a source of food pharmaceuticals or otherwise commercial fishing has proven to be the most effective tool to address this problem Protection of native species To safeguard native species the GFCM supports the creation of restricted fishing zones Well preserved areas have been shown to be more resistant to the impact of non native species International and regional cooperation as well as concerted action is needed to address non native species in the Mediterranean and Black Sea says Bayram zt rk author of the GFCM study on non native species in the Mediterranean It goes without saying that the impacts of non native species must be monitored by all countries in the region Once a species is introduced it may be too late to eradicate it With the GFCM study Non native Species in the Mediterranean and Black Sea as a first step the Commission is now working with countries in the region to adapt fishing techniques connect with new markets and help fishermen to create new livelihoods from these catches while also maintaining their crucial work of preserving marine ecosystems through protected areas
    Invasive species are changing the nature of the Mediterranean Sea
     The Mediterranean Sea is being invaded by hundreds of fish jellyfish shrimp and other marine species from outside the region More than 1 000 non native species have been identified in the Mediterranean and Black Seas More than half have established permanent populations and are spreading raising concerns about the threat they pose to marine ecosystems and local fishing communities Climate change and human activities have had a profound impact on the Mediterranean and the Black Sea says Stefano Lelli an eastern Mediterranean fisheries expert who works for the General Fisheries Commission for the Mediterranean GFCM This regional fisheries management body established by the FAO is leading efforts to promote sustainable fisheries and aquaculture in the Mediterranean and Black Seas It works with fishermen conservationists scientists and government authorities to better understand the increase in non native species and help countries improve their mitigation and management measures We have witnessed a rapid and significant alteration of marine ecosystems and this has caused various impacts on the livelihoods of local communities In the coming years we hope that the number of non native species will continue to increase adds Lelli The Mediterranean Sea is undergoing a process of tropicalization as water temperatures rise largely due to climate change In addition many species have migrated through busy shipping routes such as the Strait of Gibraltar or the Suez Canal often attached to the hull of ships or inside them in ballast water Other species such as the Pacific cup oyster and the Japanese carpet shell were introduced for aquaculture during the 1960s and 1970s and have since escaped and colonized Mediterranean ecosystems Once established non native species can outcompete native ones and disrupt surrounding ecosystems with potential economic implications for fisheries and tourism or even human health For example six species of poisonous and venomous non indigenous fish such as puffer fish lion fish and various species of jellyfish are now present in the eastern Mediterranean and can be toxic to humans if touched or ingested The FAO GFCM is supporting Cyprus Egypt Greece Lebanon Israel Syria and Turkey in the complex task of mapping monitoring and managing these invasive species This Commission also serves as a forum for affected countries to share information and strategies The results and lessons learned from this process should generate knowledge about non native species so that they can be managed effectively says Elisabetta Morello GFCM fisheries officer Turning a threat into an opportunity Fishermen throughout the region have been affected by this trend However with the support of the CGPM they are finding new ways to turn these invasions into opportunities In southwestern Turkey where invasive species can account for 80 percent of the catch in some areas fishermen are gradually creating new consumer and export markets for species such as lionfish sea urchins and Randall s bream Lebanon is also training fishermen to catch non indigenous species encouraging consumers to try them Rabbitfish Red Sea goatfish and lionfish are some examples of non native species that are becoming a source of income in Lebanon says Manal Nader Associate Professor and Director of the Environment Institute of Lebanon Balamand University in Lebanon In Tunisia two non indigenous species of blue crabs which threatened traditional fisheries became a lucrative business when FAO and the Tunisian government helped connect fishermen to new markets The same is happening in Spain and other parts of the Mediterranean which has triggered a specific GFCM research program to manage these species Monitoring and mitigating the impacts of non native species on marine ecosystems is costly and in most cases eradication is impossible says Miguel Bernal GFCM Senior Fisheries Officer Where commercialization and harvesting are possible whether as a source of food pharmaceuticals or otherwise commercial fishing has proven to be the most effective tool to address this problem Protection of native species To safeguard native species the GFCM supports the creation of restricted fishing zones Well preserved areas have been shown to be more resistant to the impact of non native species International and regional cooperation as well as concerted action is needed to address non native species in the Mediterranean and Black Sea says Bayram zt rk author of the GFCM study on non native species in the Mediterranean It goes without saying that the impacts of non native species must be monitored by all countries in the region Once a species is introduced it may be too late to eradicate it With the GFCM study Non native Species in the Mediterranean and Black Sea as a first step the Commission is now working with countries in the region to adapt fishing techniques connect with new markets and help fishermen to create new livelihoods from these catches while also maintaining their crucial work of preserving marine ecosystems through protected areas
    Invasive species are changing the nature of the Mediterranean Sea
    Africa3 months ago

    Invasive species are changing the nature of the Mediterranean Sea

    The Mediterranean Sea is being invaded by hundreds of fish, jellyfish, shrimp and other marine species from outside the region.More than 1,000 non-native species have been identified in the Mediterranean and Black Seas. More than half have established permanent populations and are spreading, raising concerns about the threat they pose to marine ecosystems and local fishing communities."Climate change and human activities have had a profound impact on the Mediterranean and the Black Sea," says Stefano Lelli, an eastern Mediterranean fisheries expert who works for the General Fisheries Commission for the Mediterranean (GFCM).This regional fisheries management body, established by the FAO, is leading efforts to promote sustainable fisheries and aquaculture in the Mediterranean and Black Seas. It works with fishermen, conservationists, scientists and government authorities to better understand the increase in non-native species and help countries improve their mitigation and management measures.“We have witnessed a rapid and significant alteration of marine ecosystems, and this has caused various impacts on the livelihoods of local communities.In the coming years, we hope that the number of non-native species will continue to increase”, adds Lelli.The Mediterranean Sea is undergoing a process of "tropicalization" as water temperatures rise, largely due to climate change.In addition, many species have migrated through busy shipping routes, such as the Strait of Gibraltar or the Suez Canal, often attached to the hull of ships or inside them in ballast water.Other species, such as the Pacific cup oyster and the Japanese carpet shell, were introduced for aquaculture during the 1960s and 1970s and have since escaped and colonized Mediterranean ecosystems.Once established, non-native species can outcompete native ones and disrupt surrounding ecosystems, with potential economic implications for fisheries and tourism or even human health.For example, six species of poisonous and venomous non-indigenous fish, such as puffer fish, lion fish, and various species of jellyfish, are now present in the eastern Mediterranean and can be toxic to humans if touched or ingested.The FAO GFCM is supporting Cyprus, Egypt, Greece, Lebanon, Israel, Syria and Turkey in the complex task of mapping, monitoring and managing these invasive species.This Commission also serves as a forum for affected countries to share information and strategies.“The results and lessons learned from this process should generate knowledge about non-native species so that they can be managed effectively,” says Elisabetta Morello, GFCM fisheries officer.Turning a threat into an opportunity Fishermen throughout the region have been affected by this trend.However, with the support of the CGPM, they are finding new ways to turn these invasions into opportunities.In southwestern Turkey, where invasive species can account for 80 percent of the catch in some areas, fishermen are gradually creating new consumer and export markets for species such as lionfish, sea urchins and Randall's bream.Lebanon is also training fishermen to catch non-indigenous species, encouraging consumers to try them."Rabbitfish, Red Sea goatfish and lionfish are some examples of non-native species that are becoming a source of income in Lebanon," says Manal Nader, Associate Professor and Director of the Environment Institute of Lebanon.Balamand University in Lebanon.In Tunisia, two non-indigenous species of blue crabs, which threatened traditional fisheries, became a lucrative business when FAO and the Tunisian government helped connect fishermen to new markets.The same is happening in Spain and other parts of the Mediterranean, which has triggered a specific GFCM research program to manage these species.“Monitoring and mitigating the impacts of non-native species on marine ecosystems is costly and, in most cases, eradication is impossible,” says Miguel Bernal, GFCM Senior Fisheries Officer."Where commercialization and harvesting are possible, whether as a source of food, pharmaceuticals or otherwise, commercial fishing has proven to be the most effective tool to address this problem."Protection of native species To safeguard native species, the GFCM supports the creation of restricted fishing zones.Well-preserved areas have been shown to be more resistant to the impact of non-native species.“International and regional cooperation, as well as concerted action, is needed to address non-native species in the Mediterranean and Black Sea,” says Bayram Öztürk, author of the GFCM study on non-native species in the Mediterranean.“It goes without saying that the impacts of non-native species must be monitored by all countries in the region.Once a species is introduced, it may be too late to eradicate it."With the GFCM study, Non-native Species in the Mediterranean and Black Sea, as a first step, the Commission is now working with countries in the region to adapt fishing techniques, connect with new markets and help fishermen to create new livelihoods from these catches, while also maintaining their crucial work of preserving marine ecosystems through protected areas.

  •   Manchester United was placed in the same section as Real Sociedad in Friday s draw for this season s UEFA Europa League in Istanbul while Arsenal will come up against PSV Eindhoven United who won the Europa League in 2017 will also meet Moldovan champions Sheriff Tiraspol and Omonia Nicosia of Cyprus in Group E Real Sociedad qualified for Europe by finishing sixth in La Liga last season they faced United in the Champions League group stage in 2013 14 Arsenal s draw appears slightly tougher on paper as they will also take on Norwegian champions Bodo Glimt and Swiss title holders FC Zurich in Group A All three of the Gunners rivals dropped out of the Champions League qualifying phase PSV coached by Ruud van Nistelrooy beat Monaco in the Champions League third qualifying round before losing to Rangers in the playoffs and moving into the Europa League
    Man United to face Real Sociedad in Europa League, Arsenal draw PSV
      Manchester United was placed in the same section as Real Sociedad in Friday s draw for this season s UEFA Europa League in Istanbul while Arsenal will come up against PSV Eindhoven United who won the Europa League in 2017 will also meet Moldovan champions Sheriff Tiraspol and Omonia Nicosia of Cyprus in Group E Real Sociedad qualified for Europe by finishing sixth in La Liga last season they faced United in the Champions League group stage in 2013 14 Arsenal s draw appears slightly tougher on paper as they will also take on Norwegian champions Bodo Glimt and Swiss title holders FC Zurich in Group A All three of the Gunners rivals dropped out of the Champions League qualifying phase PSV coached by Ruud van Nistelrooy beat Monaco in the Champions League third qualifying round before losing to Rangers in the playoffs and moving into the Europa League
    Man United to face Real Sociedad in Europa League, Arsenal draw PSV
    Foreign3 months ago

    Man United to face Real Sociedad in Europa League, Arsenal draw PSV

    Manchester United was placed in the same section as Real Sociedad in Friday’s draw for this season’s UEFA Europa League in Istanbul, while Arsenal will come up against PSV Eindhoven.

    United, who won the Europa League in 2017, will also meet Moldovan champions Sheriff Tiraspol and Omonia Nicosia of Cyprus in Group E.

    Real Sociedad qualified for Europe by finishing sixth in La Liga last season — they faced United in the Champions League group stage in 2013/14.

    Arsenal’s draw appears slightly tougher on paper, as they will also take on Norwegian champions Bodo/Glimt and Swiss title holders FC Zurich in Group A.

    All three of the Gunners’ rivals dropped out of the Champions League qualifying phase.

    PSV, coached by Ruud van Nistelrooy, beat Monaco in the Champions League third qualifying round before losing to Rangers in the playoffs and moving into the Europa League.

  •  Some financial experts have advised the Central Bank of Nigeria CBN to leverage technologies and innovations by the BRICS countries to strengthen the naira The experts gave the advice at the maiden edition of the Annual Banking and Technology Forum organised by the Centre for Financial Studies of the Chartered Institute of Bankers of Nigeria CIBN on Thursday in Lagos The News Agency of Nigeria reports that the hybrid meeting had Leveraging on Technology to Gain a Competitive Edge as its theme Mr Adjiedj Bakas an economist specifically urged the CBN to base the naira on gold to allow it compete with the US dollar in value According to him if the CBN wants the naira to be fairly strong and stable it should fund it on gold oil and gas and other commodities The BRICS countries Brazil Russia India China and South Africa these five powerful nations strong big economies are coming with a lot of initiatives which might be beneficial to Nigeria They are coming up with a new global reserve currency based on gold oil and gas and other commodities and that is going to compete with the US dollar said Bakas He said the BRICS had also developed an alternative to the Society for Worldwide Interbank Financial Telecommunications SWIFT payment system also in use in Holland and Nigeria So they come up with an alternative to SWIFT a competent alternative to the dollar And this new global reserve currency is founded on gold and commodities So my advice would be for the Nigerian Central Bank to base the naira upon gold you have to buy lots of gold and we have tonnes of gold But also have to base it on all the oil and gas reserves of Nigeria and then the naira will be worth much more Bakas said The expert also urged the banks to utilise both SWIFT and the new payment platform introduced by the BRICS which is based on Alipay and WeChat It is connected with facial recognition artificial intelligence and security you can follow the money and the traces everywhere he said He urged banks to offer young people a good future by moving along with these technological trends that have boosted the the world s Gross Domestic Product Step in dive into in this technological revolution because technology is going to change blue collar workers and devices are going to take over a lot of our financial administration So as a bank you should be fast provide fast services especially to the millennials and also leverage the digital naira because they all love the Central Bank s digital currency he said The Director Information Technology Department CBN Mrs Rakiya Mohammed said the apex bank had been proactive by creating enabling environments for the banking industry to thrive She said the monetary authority came up with guidelines frameworks and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry If we have learnt anything in the CBN it is the fact that technology will not wait for regulation so we decided to be as agile as possible We have tried to be proactive by creating an enabling environment via guidelines frameworks and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry In 2021 when the CBN announced its intention to roll out the first central bank digital currency in Africa and one of the first in the world some people were skeptical as to our capacity to accomplish what other central banks were still reluctant to do But we were convinced it was the way to go because the technology trends were clear to us It is either you embrace disruption or you become obsolete Despite the naysayers the eNaira was successfully launched and has been gaining momentum in adoption both locally and internationally with close to a million wallet downloads across individuals and merchants she said She narrated how the monetary authority recently stumbled on a twitter post where someone said the large population of unbanked Nigerian international students in the North Cyprus city of Lefkosa were using the eNaira to facilitate payments for goods and services Mohammed who was represented by Mr Afolabi Adeleye said These digital natives are not waiting At the CBN we are beginning to have conversations around monetary policy in the metaverse open banking digital identities among others Leveraging the gains in adoption of the eNaira we recently concluded our first hackathon focused on expanding its use in driving financial inclusion and cross border remittances Embracing technology as a business enabler to drive competitive advantage is no longer optional It is a matter of corporate survival going into the future Dr Ken Opara of CIBN represented by the first council Vice President Prof Pius Olarenwaju said This event provides another opportunity for us to offer value to our stakeholders as they try to navigate the financial technology and digital finance world Indeed this event could not have come at a better time as the ways in which we conduct banking has changed dramatically since technology entered the fray Banks are now focused on elevated levels of personalisation and tailoring solutions to meet customers needs which have been enabled by the fast tracking of digital transformation NewsSourceCredit NAN
    Experts urge CBN to leverage technology to strengthen naira
     Some financial experts have advised the Central Bank of Nigeria CBN to leverage technologies and innovations by the BRICS countries to strengthen the naira The experts gave the advice at the maiden edition of the Annual Banking and Technology Forum organised by the Centre for Financial Studies of the Chartered Institute of Bankers of Nigeria CIBN on Thursday in Lagos The News Agency of Nigeria reports that the hybrid meeting had Leveraging on Technology to Gain a Competitive Edge as its theme Mr Adjiedj Bakas an economist specifically urged the CBN to base the naira on gold to allow it compete with the US dollar in value According to him if the CBN wants the naira to be fairly strong and stable it should fund it on gold oil and gas and other commodities The BRICS countries Brazil Russia India China and South Africa these five powerful nations strong big economies are coming with a lot of initiatives which might be beneficial to Nigeria They are coming up with a new global reserve currency based on gold oil and gas and other commodities and that is going to compete with the US dollar said Bakas He said the BRICS had also developed an alternative to the Society for Worldwide Interbank Financial Telecommunications SWIFT payment system also in use in Holland and Nigeria So they come up with an alternative to SWIFT a competent alternative to the dollar And this new global reserve currency is founded on gold and commodities So my advice would be for the Nigerian Central Bank to base the naira upon gold you have to buy lots of gold and we have tonnes of gold But also have to base it on all the oil and gas reserves of Nigeria and then the naira will be worth much more Bakas said The expert also urged the banks to utilise both SWIFT and the new payment platform introduced by the BRICS which is based on Alipay and WeChat It is connected with facial recognition artificial intelligence and security you can follow the money and the traces everywhere he said He urged banks to offer young people a good future by moving along with these technological trends that have boosted the the world s Gross Domestic Product Step in dive into in this technological revolution because technology is going to change blue collar workers and devices are going to take over a lot of our financial administration So as a bank you should be fast provide fast services especially to the millennials and also leverage the digital naira because they all love the Central Bank s digital currency he said The Director Information Technology Department CBN Mrs Rakiya Mohammed said the apex bank had been proactive by creating enabling environments for the banking industry to thrive She said the monetary authority came up with guidelines frameworks and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry If we have learnt anything in the CBN it is the fact that technology will not wait for regulation so we decided to be as agile as possible We have tried to be proactive by creating an enabling environment via guidelines frameworks and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry In 2021 when the CBN announced its intention to roll out the first central bank digital currency in Africa and one of the first in the world some people were skeptical as to our capacity to accomplish what other central banks were still reluctant to do But we were convinced it was the way to go because the technology trends were clear to us It is either you embrace disruption or you become obsolete Despite the naysayers the eNaira was successfully launched and has been gaining momentum in adoption both locally and internationally with close to a million wallet downloads across individuals and merchants she said She narrated how the monetary authority recently stumbled on a twitter post where someone said the large population of unbanked Nigerian international students in the North Cyprus city of Lefkosa were using the eNaira to facilitate payments for goods and services Mohammed who was represented by Mr Afolabi Adeleye said These digital natives are not waiting At the CBN we are beginning to have conversations around monetary policy in the metaverse open banking digital identities among others Leveraging the gains in adoption of the eNaira we recently concluded our first hackathon focused on expanding its use in driving financial inclusion and cross border remittances Embracing technology as a business enabler to drive competitive advantage is no longer optional It is a matter of corporate survival going into the future Dr Ken Opara of CIBN represented by the first council Vice President Prof Pius Olarenwaju said This event provides another opportunity for us to offer value to our stakeholders as they try to navigate the financial technology and digital finance world Indeed this event could not have come at a better time as the ways in which we conduct banking has changed dramatically since technology entered the fray Banks are now focused on elevated levels of personalisation and tailoring solutions to meet customers needs which have been enabled by the fast tracking of digital transformation NewsSourceCredit NAN
    Experts urge CBN to leverage technology to strengthen naira
    Economy3 months ago

    Experts urge CBN to leverage technology to strengthen naira

    Some financial experts have advised the Central Bank of Nigeria (CBN) to leverage technologies and innovations by the BRICS countries to strengthen the naira.

    The experts gave the advice at the maiden edition of the Annual Banking and Technology Forum, organised by the Centre for Financial Studies of the Chartered Institute of Bankers of Nigeria (CIBN) on Thursday in Lagos.

    The News Agency of Nigeria reports that the hybrid meeting had, “Leveraging on Technology to Gain a Competitive Edge” as its theme.

    Mr Adjiedj Bakas, an economist, specifically urged the CBN to base the naira on gold to allow it compete with the US dollar in value.

    According to him, if the CBN wants the naira to be fairly strong and stable, it should fund it on gold, oil and gas and other commodities.

    “The BRICS countries – Brazil, Russia, India, China, and South Africa – these five powerful nations, strong, big economies, are coming with a lot of initiatives, which might be beneficial to Nigeria.

    “They are coming up with a new global reserve currency based on gold, oil and gas and other commodities, and that is going to compete with the US dollar,” said Bakas.

    He said the BRICS had also developed an alternative to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) payment system, also in use in Holland and Nigeria.

    “So, they come up with an alternative to SWIFT, a competent alternative to the dollar.

    “And this new global reserve currency is founded on gold, and commodities.

    “So, my advice would be for the Nigerian Central Bank to base the naira upon gold; you have to buy lots of gold, and we have tonnes of gold.

    “But also have to base it on all the oil and gas reserves of Nigeria, and then the naira will be worth much more,” Bakas said.

    The expert also urged the banks to utilise both SWIFT and the new payment platform introduced by the BRICS, which is based on Alipay and WeChat. “It is connected with facial recognition, artificial intelligence and security; you can follow the money and the traces everywhere,” he said.

    He urged banks to offer young people a good future by moving along with these technological trends that have boosted the the world’s Gross Domestic Product.

    “Step in, dive into in this technological revolution because technology is going to change blue collar workers and devices are going to take over a lot of our financial administration.

    “So, as a bank, you should be fast, provide fast services, especially to the millennials; and also leverage the digital naira because they all love the Central Bank’s digital currency,” he said.

    The Director, Information Technology Department, CBN, Mrs Rakiya Mohammed, said the apex bank had been proactive by creating enabling environments for the banking industry to thrive.

    She said the monetary authority came up with guidelines, frameworks, and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry.

    “If we have learnt anything in the CBN, it is the fact that technology will not wait for regulation, so we decided to be as agile as possible.

    “We have tried to be proactive by creating an enabling environment via guidelines, frameworks, and innovative products to stimulate creativity in the banking sector without stifling the healthy competition among participants in the industry.

    “In 2021, when the CBN announced its intention to roll out the first central bank digital currency in Africa and one of the first in the world, some people were skeptical as to our capacity to accomplish what other central banks were still reluctant to do.

    “But we were convinced it was the way to go because the technology trends were clear to us.

    It is either you embrace disruption, or you become obsolete.

    “Despite the naysayers, the eNaira was successfully launched and has been gaining momentum in adoption both locally and internationally with close to a million wallet downloads across individuals and merchants,” she said.

    She narrated how the monetary authority recently stumbled on a twitter post where someone said the large population of unbanked Nigerian international students in the North Cyprus city of Lefkosa were using the eNaira to facilitate payments for goods and services.

    Mohammed, who was represented by Mr Afolabi Adeleye, said, “These digital natives are not waiting.

    “At the CBN we are beginning to have conversations around monetary policy in the metaverse, open banking, digital identities, among others.

    “Leveraging the gains in adoption of the eNaira, we recently concluded our first hackathon focused on expanding its use in driving financial inclusion and cross border remittances.

    “Embracing technology as a business enabler to drive competitive advantage is no longer optional.

    It is a matter of corporate survival going into the future.

    ” Dr Ken Opara, of CIBN, represented by the first council Vice-President, Prof. Pius Olarenwaju, said, “This event provides another opportunity for us to offer value to our stakeholders as they try to navigate the financial technology and digital finance world.

    “Indeed, this event could not have come at a better time as the ways in which we conduct banking has changed dramatically since technology entered the fray.

    “Banks are now focused on elevated levels of personalisation and tailoring solutions to meet customers’ needs which have been enabled by the fast-tracking of digital transformation.


    NewsSourceCredit: NAN

  •  The Nigerians in Diaspora Commission NiDCOM has cautioned Nigerian students against going to Northern Cyprus Its chairperson Mrs Abike Dabiri Erewa handed down the warning on Thursday in Abuja at a ministerial briefing organised by the Presidential Communications Team She said Northern Cyprus was not recognised by the UN adding that a lot of students had been killed there There have been a lot of problems in Northern Cyprus we have youths come to tell us please tell everybody to stop going to Northern Cyprus We did that sometime ago and we were challenged at what rights we had to tell people not to go Northern Cyprus I say it again if you have to go Northern Cyprus think twice about it no fewer than 20 students have been killed over the years and nothing has happened to the assailants Students who had gone there earlier came to tell us that they had to embark on awareness campaign don t go to these places Northern Cyprus is recognised only by Turkey she said Dabiri Erewa added that NiDCOM would continue to appeal that Nigeria took a strong decision about places like Northern Cyprus NewsSourceCredit NAN
    Diaspora commission cautions Nigerian students against going to Northern Cyprus
     The Nigerians in Diaspora Commission NiDCOM has cautioned Nigerian students against going to Northern Cyprus Its chairperson Mrs Abike Dabiri Erewa handed down the warning on Thursday in Abuja at a ministerial briefing organised by the Presidential Communications Team She said Northern Cyprus was not recognised by the UN adding that a lot of students had been killed there There have been a lot of problems in Northern Cyprus we have youths come to tell us please tell everybody to stop going to Northern Cyprus We did that sometime ago and we were challenged at what rights we had to tell people not to go Northern Cyprus I say it again if you have to go Northern Cyprus think twice about it no fewer than 20 students have been killed over the years and nothing has happened to the assailants Students who had gone there earlier came to tell us that they had to embark on awareness campaign don t go to these places Northern Cyprus is recognised only by Turkey she said Dabiri Erewa added that NiDCOM would continue to appeal that Nigeria took a strong decision about places like Northern Cyprus NewsSourceCredit NAN
    Diaspora commission cautions Nigerian students against going to Northern Cyprus
    General news3 months ago

    Diaspora commission cautions Nigerian students against going to Northern Cyprus

    The Nigerians in Diaspora Commission (NiDCOM) has cautioned Nigerian students against going to Northern Cyprus.

    Its chairperson, Mrs Abike Dabiri-Erewa, handed down the warning on Thursday in Abuja at a ministerial briefing organised by the Presidential Communications Team. She said Northern Cyprus was not recognised by the UN, adding that a lot of students had been killed there.

    “There have been a lot of problems in Northern Cyprus; we have youths come to tell us, please tell everybody to stop going to Northern Cyprus.

    “We did that sometime ago and we were challenged at what rights we had to tell people not to go Northern Cyprus.

    “I say it again; if you have to go Northern Cyprus, think twice about it; no fewer than 20 students have been killed over the years and nothing has happened to the assailants.

    “Students who had gone there earlier came to tell us that they had to embark on awareness campaign; don’t go to these places; Northern Cyprus is recognised only by Turkey,’’ she said.

    Dabiri-Erewa added that NiDCOM would continue to appeal that Nigeria took a strong decision about places like Northern Cyprus.


    NewsSourceCredit: NAN

  •  Gov Bello Matawalle of Zamfara on Tuesday approved the release of EUR 232 000 00 into the account of Cyprus International University to settle the school fees for 91 students from the state studying at the institution This is contained in a statement issued by the state Commissioner of Information Ibrahim Dosara and made available to newsmen on Tuesday in Gusau Dosara said the Central Bank of Nigeria CBN would disburse the amount into the various accounts of the students He said that the amount included EUR 200 000 as tuition accommodation and meal fees to be paid out of EUR 297 509 11 initially owed for the 2021 2022 academic year According the commissioner EUR 23 157 00 would be disbursed as Residence Permit and EUR 8 843 00 to be disbursed to the 91 students The government therefore appealed to the students parents and the university to exercise more patience as the matter will soon be resolved and the students will continue their studies with minimum delay The government also called on the media to cross check issues before going to press to allow this country to progress he said Dosara said the state government had offered the students scholarships to study Medicine Engineering Information Technology and other sciences in various institutions in Cyprus US UK Netherlands India and Sudan NewsSourceCredit NAN
    Matawalle releases  EUR232,000 for 91 Zamfara students in Cyprus
     Gov Bello Matawalle of Zamfara on Tuesday approved the release of EUR 232 000 00 into the account of Cyprus International University to settle the school fees for 91 students from the state studying at the institution This is contained in a statement issued by the state Commissioner of Information Ibrahim Dosara and made available to newsmen on Tuesday in Gusau Dosara said the Central Bank of Nigeria CBN would disburse the amount into the various accounts of the students He said that the amount included EUR 200 000 as tuition accommodation and meal fees to be paid out of EUR 297 509 11 initially owed for the 2021 2022 academic year According the commissioner EUR 23 157 00 would be disbursed as Residence Permit and EUR 8 843 00 to be disbursed to the 91 students The government therefore appealed to the students parents and the university to exercise more patience as the matter will soon be resolved and the students will continue their studies with minimum delay The government also called on the media to cross check issues before going to press to allow this country to progress he said Dosara said the state government had offered the students scholarships to study Medicine Engineering Information Technology and other sciences in various institutions in Cyprus US UK Netherlands India and Sudan NewsSourceCredit NAN
    Matawalle releases  EUR232,000 for 91 Zamfara students in Cyprus
    General news3 months ago

    Matawalle releases  EUR232,000 for 91 Zamfara students in Cyprus

    Gov. Bello Matawalle of Zamfara on Tuesday  approved the release of EUR 232,000.00 into the account of Cyprus International University to settle the school fees for 91 students from the state studying at the institution.

    This is contained in a statement issued  by the state Commissioner of Information,  Ibrahim Dosara and made available to newsmen on Tuesday in Gusau.

    Dosara said the Central Bank of Nigeria (CBN) would disburse the amount into the various accounts of the students.

    He said that the amount included: “EUR 200,000 as tuition, accommodation and meal fees to be  paid out of EUR 297,509.11 initially owed for the 2021-2022 academic year.

    ” According the commissioner, EUR 23,157.00 would be disbursed as Residence Permit; and EUR 8,843.00 to be disbursed to the 91 students.

    “The government, therefore, appealed to the students, parents and the university to exercise more patience, as the matter will soon be resolved and the students will continue their studies with minimum delay.

    “The government also called on the media to cross check issues before going to press, to allow this country to progress,” he said.

    Dosara said the state government had offered  the students scholarships to study Medicine, Engineering, Information Technology and other sciences in  various institutions in Cyprus, US, UK, Netherlands, India and Sudan.


    NewsSourceCredit: NAN

  •  Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis In November 2009 Athens revealed a sharp rise in its public deficit that eventually led to a financial crisis across the eurozone and wreaked havoc on Greek finances for a decade In exchange for bailout cash of 289 billion euros and to stop Greece from crashing out of the eurozone a troika made up of the International Monetary Fund EU and the European Central Bank demanded across the board reforms from Athens These included deep state spending and salary cuts tax hikes privatisations and other sweeping reforms aimed at righting public finances The economy contracted by more than a quarter unemployment spiked to almost 28 percent and skilled professionals emigrated in droves A cycle of 12 years which brought pain to citizens led to economic stagnation and divided society has ended Prime Minister Kyriakos Mitsotakis said A new horizon filled with growth unity and prosperity emerges for all he said The Greece of today is a different Greece We have recorded strong growth and a significant slide in unemployment of three percent since last year and 5 percent since 2019 he added Ending the oversight will strengthen Greece s international market position by increasing its attractiveness to investors Athens will also now have greater control over its domestic economic policy Nevertheless Greece like fellow bailed out EU members Spain Portugal Cyprus and Ireland will still be monitored by its creditors while paying back its debts In Greece s case that will take another two generations with the last loans due for repayment in 2070 According to European Commission projections the Greek economy will grow by 4 percent this year much higher than the eurozone average of 2 6 percent However Greece s unemployment rate is one of the highest in the monetary union its minimum wage one of the lowest and the country s debt is 180 percent of gross domestic product
    EU fiscal oversight of Greece ends after 12 years
     Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis In November 2009 Athens revealed a sharp rise in its public deficit that eventually led to a financial crisis across the eurozone and wreaked havoc on Greek finances for a decade In exchange for bailout cash of 289 billion euros and to stop Greece from crashing out of the eurozone a troika made up of the International Monetary Fund EU and the European Central Bank demanded across the board reforms from Athens These included deep state spending and salary cuts tax hikes privatisations and other sweeping reforms aimed at righting public finances The economy contracted by more than a quarter unemployment spiked to almost 28 percent and skilled professionals emigrated in droves A cycle of 12 years which brought pain to citizens led to economic stagnation and divided society has ended Prime Minister Kyriakos Mitsotakis said A new horizon filled with growth unity and prosperity emerges for all he said The Greece of today is a different Greece We have recorded strong growth and a significant slide in unemployment of three percent since last year and 5 percent since 2019 he added Ending the oversight will strengthen Greece s international market position by increasing its attractiveness to investors Athens will also now have greater control over its domestic economic policy Nevertheless Greece like fellow bailed out EU members Spain Portugal Cyprus and Ireland will still be monitored by its creditors while paying back its debts In Greece s case that will take another two generations with the last loans due for repayment in 2070 According to European Commission projections the Greek economy will grow by 4 percent this year much higher than the eurozone average of 2 6 percent However Greece s unemployment rate is one of the highest in the monetary union its minimum wage one of the lowest and the country s debt is 180 percent of gross domestic product
    EU fiscal oversight of Greece ends after 12 years
    Foreign3 months ago

    EU fiscal oversight of Greece ends after 12 years

    Greece on Saturday concluded 12 years of European Union fiscal surveillance that was imposed in return for bailouts after a crushing debt crisis.

    In November 2009, Athens revealed a sharp rise in its public deficit that eventually led to a financial crisis across the eurozone and wreaked havoc on Greek finances for a decade.

    In exchange for bailout cash of 289 billion euros and to stop Greece from crashing out of the eurozone, a “troika”, made up of the International Monetary Fund, EU and the European Central Bank, demanded across-the-board reforms from Athens.

    These included deep state spending and salary cuts, tax hikes, privatisations and other sweeping reforms aimed at righting public finances.

    The economy contracted by more than a quarter, unemployment spiked to almost 28 percent and skilled professionals emigrated in droves.

    “A cycle of 12 years which brought pain to citizens, led to economic stagnation and divided society,” has ended, Prime Minister Kyriakos Mitsotakis said.

    “A new horizon filled with growth, unity and prosperity emerges for all,” he said.

    “The Greece of today is a different Greece.

    “We have recorded strong growth and a significant slide in unemployment of three percent since last year and 5 percent since 2019,” he added.

    Ending the oversight will strengthen Greece’s international market position by increasing its attractiveness to investors.

    Athens will also now have greater control over its domestic economic policy.

    Nevertheless, Greece — like fellow bailed-out EU members Spain, Portugal, Cyprus and Ireland — will still be monitored by its creditors while paying back its debts.

    In Greece’s case, that will take another two generations, with the last loans due for repayment in 2070.

    According to European Commission projections, the Greek economy will grow by 4 percent this year, much higher than the eurozone average of 2.

    6 percent.

    However, Greece’s unemployment rate is one of the highest in the monetary union, its minimum wage one of the lowest and the country’s debt is 180 percent of gross domestic product.

  •  Team Nigeria are through to the quarter finals of the men s table tennis event at the ongoing Commonwealth Games in Birmingham Nigeria made it three wins out of three in Group Two to secure a quarter final berth The team had earlier defeated South Africa and Ghana in their first two games on Friday before beating Cyprus 3 0 on Saturday to finish top of the group In the doubles game the duo of Bode Abiodun and Olajide Omotayo defeated Losif Elia and Christos Savva 3 0 11 4 11 4 11 5 In the singles African champion Quadri Aruna survived a scare to win 3 2 11 13 11 5 11 7 6 11 11 8 against Marios Yiangou while Omotayo beat Savva 3 0 11 2 11 2 11 3 Meanwhile in the boxing event Abdul Afeez Osoba knocked out his Bahamian opponent Carl Hield Victory helped him to qualify for the Round of 16 in the men s light middleweight category over 67kg to under 71kg NewsSourceCredit NAN
    CWG 2022: Nigeria qualify for quarter-finals in men’s team table tennis
     Team Nigeria are through to the quarter finals of the men s table tennis event at the ongoing Commonwealth Games in Birmingham Nigeria made it three wins out of three in Group Two to secure a quarter final berth The team had earlier defeated South Africa and Ghana in their first two games on Friday before beating Cyprus 3 0 on Saturday to finish top of the group In the doubles game the duo of Bode Abiodun and Olajide Omotayo defeated Losif Elia and Christos Savva 3 0 11 4 11 4 11 5 In the singles African champion Quadri Aruna survived a scare to win 3 2 11 13 11 5 11 7 6 11 11 8 against Marios Yiangou while Omotayo beat Savva 3 0 11 2 11 2 11 3 Meanwhile in the boxing event Abdul Afeez Osoba knocked out his Bahamian opponent Carl Hield Victory helped him to qualify for the Round of 16 in the men s light middleweight category over 67kg to under 71kg NewsSourceCredit NAN
    CWG 2022: Nigeria qualify for quarter-finals in men’s team table tennis
    General news4 months ago

    CWG 2022: Nigeria qualify for quarter-finals in men’s team table tennis

    Team Nigeria are through to the quarter-finals of the men’s table tennis event at the ongoing Commonwealth Games in Birmingham.

    Nigeria made it three wins out of three in Group Two to secure a quarter-final berth.

    The team had earlier defeated South Africa and Ghana in their first two games on Friday before beating Cyprus 3-0 on Saturday to finish top of the group.

    In the doubles game, the duo of Bode Abiodun and Olajide Omotayo defeated Losif Elia and Christos Savva 3-0 (11-4 11-4 11-5).

    In the singles, African champion Quadri Aruna survived a scare to win 3-2 (11-13 11-5 11-7 6-11 11-8) against Marios Yiangou  while Omotayo beat Savva 3-0 (11-2 11-2 11-3).

    Meanwhile, in the boxing event, Abdul-Afeez Osoba knocked out his Bahamian opponent, Carl Hield.

    Victory helped him to qualify for the Round of 16 in the men’s light middleweight category (over-67kg to under-71kg).

    (
    NewsSourceCredit: NAN

  •  Nigeria s table tennis team at the ongoing Commonwealth Games in Birmingham on Friday had a bright start in both the men s and women s team events The News Agency of Nigeria reports that the women s team of Offiong Edem Fatima Bello and Esther Oribamise defeated their St Vincent and the Grenadines counterparts 3 0 In their Group One fixture s doubles game the pair of Edem and Bello defeated Velox and Cumberbatch 3 0 11 6 11 2 11 5 In one of the fixture s singles game Oribamise beat Delpesche 3 0 also winning 11 2 11 3 11 2 The other singles game saw Edem dispatchin Cumberbatch 11 1 11 2 11 3 for another 3 0 routing of their opponents Meanwhile in another Group One fixture Singapore beat England 3 0 Group Two results show India beating South Africa 3 0 while Guyana also beat Fiji 3 0 In Group Three Australia beat Malaysia 3 0 while Mauritius beat Maldives 3 2 Matches in Group Four of the event saw Canada beating Uganda 3 0 just as Wales spanked Vanuatu 3 0 NAN reports that the Nigerian men team were also superlative as they whipped South Africa 3 0 in their Group Two fixture Ghana and Cyprus are their other group opponents In Group One of the event England beat Guyana 3 0 while India beat Barbados 3 0 in Group Three action NAN reports that competition continues in the event later on Friday in round robin fashion OLAL NewsSourceCredit NAN
    Bright start for Team Nigeria in table tennis at Commonwealth Games
     Nigeria s table tennis team at the ongoing Commonwealth Games in Birmingham on Friday had a bright start in both the men s and women s team events The News Agency of Nigeria reports that the women s team of Offiong Edem Fatima Bello and Esther Oribamise defeated their St Vincent and the Grenadines counterparts 3 0 In their Group One fixture s doubles game the pair of Edem and Bello defeated Velox and Cumberbatch 3 0 11 6 11 2 11 5 In one of the fixture s singles game Oribamise beat Delpesche 3 0 also winning 11 2 11 3 11 2 The other singles game saw Edem dispatchin Cumberbatch 11 1 11 2 11 3 for another 3 0 routing of their opponents Meanwhile in another Group One fixture Singapore beat England 3 0 Group Two results show India beating South Africa 3 0 while Guyana also beat Fiji 3 0 In Group Three Australia beat Malaysia 3 0 while Mauritius beat Maldives 3 2 Matches in Group Four of the event saw Canada beating Uganda 3 0 just as Wales spanked Vanuatu 3 0 NAN reports that the Nigerian men team were also superlative as they whipped South Africa 3 0 in their Group Two fixture Ghana and Cyprus are their other group opponents In Group One of the event England beat Guyana 3 0 while India beat Barbados 3 0 in Group Three action NAN reports that competition continues in the event later on Friday in round robin fashion OLAL NewsSourceCredit NAN
    Bright start for Team Nigeria in table tennis at Commonwealth Games
    General news4 months ago

    Bright start for Team Nigeria in table tennis at Commonwealth Games

    Nigeria’s table tennis team at the ongoing Commonwealth Games in Birmingham on Friday had a bright start in both the men’s and women’s team events.

    The News Agency of Nigeria reports that the women’s team of Offiong Edem, Fatima Bello and Esther Oribamise defeated their St. Vincent and the Grenadines counterparts 3-0.

    In their Group One fixture’s doubles game, the pair of Edem and Bello defeated Velox and Cumberbatch 3-0 (11-6 11-2 11-5).

    In one of the fixture’s singles game, Oribamise beat Delpesche 3-0 also, winning 11-2 11-3 11-2.

    The other singles game saw Edem dispatchin Cumberbatch 11-1 11-2 11-3 for another 3-0 routing of their opponents.

    Meanwhile, in another Group One fixture, Singapore beat England 3-0.

    Group Two results show India beating South Africa 3-0, while Guyana also beat Fiji 3-0.

    In Group Three, Australia beat Malaysia 3-0 while Mauritius beat Maldives 3-2.

    Matches in Group Four of the event saw Canada beating Uganda 3-0, just as Wales spanked Vanuatu 3-0.

    NAN reports that the Nigerian men team were also superlative as they whipped South Africa 3-0 in their Group Two fixture.

    Ghana and Cyprus are their other group opponents.

    In Group One of the event, England beat Guyana 3-0, while India beat Barbados 3-0 in Group Three action.

    NAN reports that competition continues in the event later on Friday in round-robin fashion.

    OLAL
    NewsSourceCredit: NAN

  •  European Union EU member states have reached a political agreement on a 15 per cent voluntary reduction of natural gas demand from the average of 2017 2021 officials announced on Wednesday Jozef Sikela Czech Minister of Industry and Trade presided over an exceptional EU Council meeting on energy on Tuesday with the EU preparing for possible gas supply disruptions over the winter Member states agreed to reduce their gas demand by 15 per cent compared to their average consumption in the past five years between August 1 and March 31 2023 with measures of their own choice the European Council said in a statement Possible measures include reducing gas consumed in the electricity sector measures to encourage fuel switch in industry national awareness raising campaign The targeted obligations to reduce heating and cooling and market based measures such as auctioning between companies There were several exemptions to the 15 per cent target Island states such as Malta Cyprus and Ireland were exempted since they were not interconnected to the EU s gas network Other derogation include member states that have already exceeded their gas storage filling target and those whose industries are heavily dependent on gas as feed stock and those whose gas consumption has increased by at least eight per cent in the past year compared to the average of the past five years A Union Alert could be activated either by the European Commission if it perceives a substantial risk of a severe gas shortage or an exceptionally high gas demand If five or more member states that have declared an alert at the national level request the Commission to do so NewsSourceCredit NAN
    EU member states agree to cut off 15% gas demand
     European Union EU member states have reached a political agreement on a 15 per cent voluntary reduction of natural gas demand from the average of 2017 2021 officials announced on Wednesday Jozef Sikela Czech Minister of Industry and Trade presided over an exceptional EU Council meeting on energy on Tuesday with the EU preparing for possible gas supply disruptions over the winter Member states agreed to reduce their gas demand by 15 per cent compared to their average consumption in the past five years between August 1 and March 31 2023 with measures of their own choice the European Council said in a statement Possible measures include reducing gas consumed in the electricity sector measures to encourage fuel switch in industry national awareness raising campaign The targeted obligations to reduce heating and cooling and market based measures such as auctioning between companies There were several exemptions to the 15 per cent target Island states such as Malta Cyprus and Ireland were exempted since they were not interconnected to the EU s gas network Other derogation include member states that have already exceeded their gas storage filling target and those whose industries are heavily dependent on gas as feed stock and those whose gas consumption has increased by at least eight per cent in the past year compared to the average of the past five years A Union Alert could be activated either by the European Commission if it perceives a substantial risk of a severe gas shortage or an exceptionally high gas demand If five or more member states that have declared an alert at the national level request the Commission to do so NewsSourceCredit NAN
    EU member states agree to cut off 15% gas demand
    Foreign4 months ago

    EU member states agree to cut off 15% gas demand

    European Union (EU) member states have reached a political agreement on a 15 per cent voluntary reduction of natural gas demand from the average of 2017-2021, officials announced on Wednesday.

      Jozef Sikela, Czech Minister of Industry and Trade, presided over an exceptional EU Council meeting on energy on Tuesday, with the EU preparing for possible gas supply disruptions over the winter.

      “Member states agreed to reduce their gas demand by 15 per cent compared to their average consumption in the past five years, between August 1 and March 31, 2023, with measures of their own choice,’’ the European Council said in a statement.

      “Possible measures include reducing gas consumed in the electricity sector, measures to encourage fuel switch in industry, national awareness-raising campaign.

      “The targeted obligations to reduce heating and cooling and market-based measures such as auctioning between companies.’’   There were several exemptions to the 15 per cent target.

      Island states such as Malta, Cyprus and Ireland were exempted since they were not interconnected to the EU’s gas network.

      Other derogation include member states that have already exceeded their gas storage filling target and those whose industries are heavily dependent on gas as feed stock and those whose gas consumption has increased by at least eight per cent in the past year compared to the average of the past five years.

      A “Union Alert’’ could be activated, either by the European Commission if it perceives a “substantial risk of a severe gas shortage or an exceptionally high gas demand.’’   “If five or more member states that have declared an alert at the national level request the Commission to do so.’’  (

    NewsSourceCredit: NAN

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