Global Naija Info

Kidnapped Chibok schoolgirls Twenty one of the more than 200 Chibok schoolgirls kidnapped by Islamist Boko Haram insurgents in April 2014 have been released to the Nigerian government. SaharaReporters quoted a government source as confirming the release of 21 of the girls. The sources disclosed that the girls were picked up by military helicopter from Banki area of Borno state where Boko Haram militants dropped them off earlier today. The release of the 21 girls comes as President Buhari began a three-day trip to Germany to discuss assistance for the rebuilding of the northeastern part of Nigeria ravaged by Boko Haram. Over 200 secondary school girls were kidnapped by Boko Haram in Chibok in April 2014. There have been outrage from several pressure groups on government to facilitate the release of the school girls. In recent time, the Federal Government has agreed to enter into negotiation with Boko Haram for the release of the girls through swapping them with some Boko Haram de...

CBN The Central Bank of Nigeria (CBN) has said that there was no truth in a report that seven Nigerian banks were undercapitalised. Mrs Tokunbo Martins, the Director, Banking Supervision, told journalists at the end of the Bankers Committee Meeting in Lagos on Wednesday that there was no truth in the report. The News Agency of Nigeria (NAN) reports a Dubai-based international investment bank , Arqaam Capital, had reported that seven Nigerian banks were undercapitalised to the tune of N1tn (3.2 billion dollars). The stress test by Arqaam Capital also reported that two banks were close to being insolvent. Martins said that commercial banks were facing some challenges that were not peculiar to Nigeria, adding that Non-Performing Loans (NPL) at 11 per cent was not the focus for now. “As Director Banking Supervision, I wish to state that the report that seven banks are undercapitalized is not true. “That our banks have non-performing loans at 11 per cent is not the focus for now. ...

atletico-madrid Practically all football experts in Spain predicted that twin giants Barcelona and Real Madrid would continue with their bipolar hegemony in La Liga this season. However, the team on top of the greasy pole at the moment is not one of that pair but instead hard-working Atletico Madrid, who are keen to repeat their surprise title snatch-and-grab of three years ago. “We have not spent the last 10 days staring at the league table. We do not want to attach too much importance to the table so early in the season,’’ Atletico coach Diego Simeone said ahead of Saturday’s home clash with bottom club Granada. “But I must admit that it is good to be top, above clubs which have a much higher budget than us Now our aim is to stay up there.’’ Simeone might be tempted to give a rare start to veteran Fernando Torres or even little Angel Correa, given that Antoine Griezmann, Kevin Gameiro and Yannick Carrasco returned weary and bruised on Wednesday, after playing two full matches ...

Tyson Fury has vacated his WBO and WBA world heavyweight titles to deal with his “medical treatment and recovery”. The Briton, 28, has admitted taking cocaine to deal with depression and could also lose his boxing licence on Thursday. He has not fought since beating Wladimir Klitschko in November 2015 and has twice withdrawn from rematches. “I now enter another big challenge in my life which I know, like against Klitschko, I will conquer,” Fury said. He said it was “for the good boxing” and “only fair and right” to give up his belts. “I won the titles in the ring and I believe that they should be lost in the ring, but I’m unable to defend at this time and I have taken the hard and emotional decision to now officially vacate my treasured world titles,” he said. In a statement, Fury’s promoter Hennessy Sports said the decision would “allow him the time and space to fully recover from his present condition without any undue pressure and with the expert medical attention he requires”...

British boxing world champion Tyson Fury has vacated his three heavyweight titles to focus on his recovery from “a serious medical condition” his management said in a statement late on Wednesday. The step comes after a long break from boxing which Fury took after taking Wladimir Klitschko’s IBF, WBA and WBO belts with a victory in Germany last November. Since then he has admitted to taking drugs and suffering from manic depression in an interview. “I’m unable to defend (my titles) at this time and I have taken the hard and emotional decision to now officially vacate my treasured World titles and wish the next-in-line contenders all the very best,” Fury said in the statement on the website of his management Hennessy Sports. “I now enter another big challenge in my life which I know, like against Klitschko, I will conquer,’’ he added. On Monday, the World Boxing Organisation issued a deadline telling Fury to demonstrate why his title “should not be vacated due to inactivity, breach...

The abducted students of Lagos State Model College, Igbonla, in the Eredo Local Council Development Area of Epe, have narrated their ordeals in the kidnappers’ den. It can be recalled that heavily armed men had invaded the school last Thursday and whisked away Vice-Principal, Mr. A.O. Oyesola; the English Language/Civil Education teacher, Mr. Lukman Oyerinde; and four Junior Secondary School 1 pupils. ‎ Upon their release yesterday by the kidnappers, one of the victims who spoke to Vanguard reporters recounted that the journey from the school to the hideout took almost four hours. Another student stated that they were not sexually molested in the bush. When asked how they were released, one of them said: “They kept telling us that the delay on our release was caused by our families, until Tuesday. They did not mention names but they addressed themselves as Commander, General and Colonel. “About three armed men were always with us while others were stationed in different areas. “...

Chief Afe Babalola Chief Afe Babalola (SAN), has slammed the Department of State Services over the recent arrests of some judges and raids on their homes. Babalola during the laying of the foundation of the state new High Court complex on Wednesday in Ado Ekiti said even if the judges were found to have done something offensive, the normal thing was to report them to the National Judicial Council for disciplinary action. He stressed saying, “Then why did you then decide to harass their families? The DSS has no right to take over the responsibility of the police. “If people have evidence against judges, they should report to the NJC. How can you arrest a sitting judge and take him before a magistrate to try him? “There is nowhere in the world you try a sitting judge. You don’t take a sitting judge to court and the law stipulates that no court process can be served after 7pm. “It is when the judges are sacked that you take them to court for prosecution. We are not opposed to the ...