Category Archives: Global Finance

Drunk Russian soldier rape 16 years old pregnant Ukrainian teen.

A drunk Russian soldier allegedly raped a 16years old Ukrainian pregnant teen in the village of Kherson, which is under Russian control in Ukraine.

According to India Today, at the time of the alleged rape, the 16years old pregnant teen said that the Russian soldier strangled her and threatened to kill her if she did not corporate, said “Either you sleep with me now, or I will bring 20 more men with me”.

According to India Today, CNN reported that at the time of the rape, the 16years old girl was six months old pregnant. The girl and her family were sheltering in the basement of their house to escape Russian airstrikes and rampant shelling.

The soldier took hold of her when she and her mother took her siblings out at dusk to eat.

According to India Today, the girl noted that the soldier was drunk, and his fellow soldier asked him to stop, but all to no avail, as he threatened to bring 20 more soldiers to sleep with her.


New Zealand bank said no decision yet to (CBDC).

The Reserve bank of New Zealand (RBNZ) said on Friday it had not yet taken a decision on a potential central bank digital currency (CBDC) but would continue to explore the option.

The RBNZ had announced in September last year that it was seeking input from the public on the potential use of a CBDC – which is the digital form of an existing currency.

Several countries are exploring the use of CBDCs, with the U.S. Federal Reserve releasing a much-anticipated paper on the pros and cons of adopting a digital dollar earlier this year.

The RBNZ said feedback from the public had helped affirm the importance of privacy and autonomy when it comes to a CBDC and that this would be a focus of further policy work.

Our view is that CBDC and cash would be complementary, rather than conflicting, the central bank said in a statement.

Ian Woolford, the RBNZ’s director of Money and Cash, added that the central bank was particularly focused on progressing concrete steps to improve resilience and efficiency in the cash system.


DBS Group Holdings and OCBC both reported 10 per cent falls in their quarterly profits on Friday (Apr 29).

Singapore lenders DBS Group Holdings and OCBC both reported 10 per cent falls in their quarterly profits on Friday (Apr 29), accompanied by declines in revenues as their wealth management businesses were affected by weaker markets.

Net profit at DBS, Southeast Asia’s biggest bank, fell to S$1.8 billion (US$1.3 billion) in January-March from a record S$2 billion a year earlier but came in above an average estimate of S$1.63 billion from six analysts, according to Refinitiv data.

Second-ranked OCBC posted a quarterly profit of S$1.36 billion, down from S$1.5 billion a year earlier, but this also came above an average estimate of S$1.2 billion from six analysts, according to Refinitiv data. 


The relationship between the past the present and the future.

Life is like a movie theater, where everyone take his part, what matters is your role, did you play your path wisely or foolishly coz your role determines your result, whatever we’ve left out on the lawn comes back to haunt us.

It’s easy to get faded out being busy, but the question is busy doing what!!?

Japanese firms reported softer optimism for the 12 months ahead in March.

Japan’s manufacturing activity sped up in March from the prior month as a reduction in COVID-19 cases in the country helped lift orders and production, however, surging input prices and Russia’s war in Ukraine clouded the outlook.

Activity in the services sector, which has been battered by the pandemic, contracted for the third straight month, but the pace of decline slowed.

The au Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index (PMI) rose to a seasonally adjusted 53.2 in March from a final 52.7 in the previous month. A reading below 50 indicates contraction from the previous month, above 50 expansion.

The survey showed output rebounded from a contraction in the previous month, while activity in new orders posted an expansion, albeit at its slowest rate in six months.

The conflict in Ukraine and soaring oil and raw material prices hurt momentum for the world’s third-largest economy, even as it saw new coronavirus infections caused by the Omicron variant slow.

Firms across the Japanese private sector reported a further intensification of price pressures, said Usamah Bhatti, economist at IHS Markit, which compiles the survey.

Input prices rose at the fastest pace since August 2008 with businesses attributing the rise to surging raw material prices, notably energy, oil and semiconductors amid deteriorating supplier performance.

The au Jibun Bank Flash Services PMI Index rose to a seasonally adjusted 48.7 from February’s final 44.2 to mark the third straight month of contraction.

The au Jibun Bank Flash Japan Composite PMI, which is calculated by using both manufacturing and services, also shrank for a third straight month, rising to 49.3 from last month’s final of 45.8.

Japanese firms reported softer optimism for the 12 months ahead in March, Bhatti said.

Positive sentiment was the weakest for 14 months amid concerns regarding the economic impact of the Russia-Ukraine conflict.


EFCC Arrests 17 Suspected Yahoo-Yahoo Boys in Makurdi.

EFCC Uncovers Officer Behind Obiano’s Leaked Video, Nabs 24 Young Online Fraudsters

The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to a trending video showing the former Governor of Anambra State, Chief Willie Obiano in the custody of the Commission.

The Commission wishes to distance itself from the said video which is completely at variance with the established Standard Operating Procedure of the EFCC.

A discreet investigation ordered upon discovery of the leak has revealed the errant officer behind the odious act and he is currently being subjected to appropriate disciplinary action.

Wilson Uwujaren
Head, Media & Publicity
21 March, 2022

EFCC Arrests 17 Suspected Yahoo-Yahoo Boys in Makurdi

The operatives of the Makurdi Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Saturday, March 19, 2022 arrested 17 internet fraud suspects known as Yahoo-Yahoo Boys, in Makurdi, Benue State.

The suspects include: Samuel C., Uvande A., Joseph G., Ageva A., Emmanuel O. Ochiwu M., Dominic O, Ikpema S, Otse A. and Aondowase T. Others are, Audu-war L., Terver J., Dav J., Moses V., Abdullahi A., Agehson O., and Andoaver T.

They were arrested at different locations within Makurdi following actionable intelligence on their alleged criminal activities.

Items recovered from them include mobile phones, laptops, and several incriminating documents.

The suspects will be arraigned in Court as soon as investigations are concluded.

Wilson Uwujaren
Head, Media & Publicity
21 March, 2022

EFCC Arrests Seven Undergraduates For Suspected Internet Fraud in Uyo.

Operatives of the Uyo Zonal Command of the Economic and Financial Crimes Commission,  EFCC,  have arrested seven undergraduates of the University of Uyo,  Akwa Ibom State, for  suspected internet fraud in a sting operation.

They were arrested on
March 19, 2021 at their hideout along Ring Road, off Nwaniba Road, near Uniuyo permanent site.

The all- male suspects are: Emmanuel Chigoziem; Ubong Innocent;  Michael Ikechukwu Emekwuru;  Samuel Edet Okon;  Wisdom Edem;  Precious Ime Oyung and Moses Simon.

Items recovered from the suspects are: a Toyota Camry car;  three HP laptops and phones of different brands.

The suspects will be charged to court as soon as investigations are concluded.

Wilson Uwujaren
Head, Media & Publicity
21 March, 2022.


Israel terror attack left four persons dead and several others injured.

Four people were killed and several others injured on Tuesday in a ramming and stabbing attack at an outdoor shopping mall in Beersheba, officials said, in Israel’s deadliest terror attack in years.

According to police, the assailant first stabbed a woman to death at a nearby gas station in the Southern city, then rammed his vehicle into a cyclist, got out, and stabbed several people at the big shopping center, before being shot by a bus driver and another passerby.

The cyclist and two of the stabbing victims at the mall later died of their wounds.

The stabber was later identified as 34-year-old Mohammad Ghaleb Abu al-Qi’an, a former terror convict from the Bedouin town of Hura in the Negev.

According to the Zaka emergency service, Abu al-Qi’an died of his wounds.

Emergency service said a woman in her forties who had been stabbed by the assailant was declared dead at the scene.

Five others were taken to the nearby Soroka Medical Center. Three of them died of their wounds shortly after admission, the hospital said.

The other two were listed in serious but stable condition at the hospital.

The Hamas terror group had praised the stabbing attack, saying it salutes the executor of the heroic operation in occupied Beersheba.

The occupation’s crimes shall be met with heroic operations: stabbings, rammings and shootings, Hamas spokesperson, Abd al-Latif al-Qanou, told official Hamas radio.


Argentina’s Senate voted on Thursday to approve a US$45 billion debt deal with the IMF.

The International Monetary Fund’s executive board will meet on Mar 25 to discuss Argentina’s request for a debt deal, an IMF spokesman said on Saturday (Mar 19).

Argentina’s Senate voted on Thursday to approve a US$45 billion debt deal with the IMF, converting the agreement into law and ensuring that the economically battered country can avoid another messy default.

The deal still needs to be signed off by the IMF’s board.

The IMF spokesman, Gerry Rice, said in a statement that the legislative approval is an important signal that Argentina is committed to policies that will encourage more sustainable and inclusive growth.