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February 13, 2025 Businessman Found Dead with Multiple Stab Wounds in Rivers State

Businessman Found Dead with Multiple Stab Wounds in Rivers State

A 43-year-old businessman, Richard Nomanzi, has been found dead with multiple knife wounds at his residence in Ogbogoro, Obio/Akpor Local Government Area of Rivers State.

Nomanzi, who traded in metal scrap, was discovered on Wednesday after neighbors became concerned about his sudden disappearance. Residents in his compound noticed a foul odor coming from his apartment and immediately alerted the police and his relatives.

According to an eyewitness, neighbors forced their way into his residence and found his lifeless body, raising an alarm.

“They started shouting at the top of their voices,” a source recounted.

Speaking to journalists in Port Harcourt on Thursday, a woman identified as Gift, who shares a child with the deceased, described how she received the shocking news.

“I got a call around 3:15 pm yesterday (Wednesday) while at my business premises. The caller asked if I knew Richard Chijioke Nomanzi, and I said yes. They then asked who he was to me, and I told them I have a child for him.”

She recounted the horror of seeing his body.

“When I arrived, I saw his corpse lying in front of his door. When they turned him over, I was horrified—he had been stabbed multiple times on his face and stomach, with a deep cut across his neck.”

“With the help of the police, we took him to the mortuary. All I want now is justice for him and his child.”

A video of the deceased, seen by our correspondent, confirmed several stab wounds, indicating a possible violent attack. The case has been reported to the Ozuoba Police Division under the Choba Area Command.

When contacted, the spokesperson for the Rivers State Police Command, Grace Iringe-Koko, stated that she would gather details from the Divisional Police Officer (DPO) and provide an update. However, as of Thursday afternoon, no official statement had been released.

 

February 13, 2025 World Heavyweight Champion Usyk Plans Two More Fights Before Retirement

World Heavyweight Champion Usyk Plans Two More Fights Before Retirement

World heavyweight champion Oleksandr Usyk has revealed that he intends to fight twice more before retiring from boxing.

The 38-year-old Ukrainian, who remains undefeated, confirmed that one of his final bouts will be against the winner of the upcoming clash between Daniel Dubois and Joseph Parker later this month.

Usyk made history in May 2024 by defeating Tyson Fury to become the first undisputed heavyweight champion in nearly 25 years. Though he later vacated the IBF belt, he still holds the WBC, WBA, and WBO titles.

“I think I have one and a half, maybe two years left in boxing,” Usyk told Sky Sports. “I feel great, but I see only two more fights ahead of me.”

He also expressed no hesitation in facing the winner of Parker vs. Dubois:

“I will fight whoever wins—Joseph Parker or Daniel Dubois, no problem.”

English fighter Dubois, the reigning IBF champion, previously lost to Usyk in 2023 but is determined to avenge that defeat if he overcomes Parker in Riyadh on February 22.

“I’m improving every day. They say winning a world title makes you better, and I feel that’s happening with me. I’m ready to take on whoever comes next,” Dubois told Sky Sports.

 

February 13, 2025 National Assembly Approves ₦54.99 Trillion 2025 Budget

National Assembly Approves ₦54.99 Trillion 2025 Budget

The National Assembly on Thursday passed the ₦54.99 trillion 2025 Appropriation Bill, with both the Senate and the House of Representatives separately approving the budget.

A breakdown of the budget allocation includes ₦3.645 trillion for statutory transfers, ₦14.317 trillion for debt servicing, ₦13.64 trillion for recurrent expenditure, and ₦23.963 trillion for capital expenditure (development fund). The fiscal deficit was pegged at ₦13.08 trillion, with a deficit-to-GDP ratio of 1.52%.

Last week, President Bola Tinubu increased the proposed 2025 fiscal budget from ₦49.7 trillion to ₦54.2 trillion, seeking swift approval from both legislative chambers.

While presenting the bill for consideration, Abubakar Bichi, Chairman of the House Committee on Appropriations, stated that the committee engaged with the Presidential Economic Planning Team to further discuss revenue projections and expenditure plans.

Bichi also noted that the 2025 Appropriation Bill was submitted later than the 2024 budget and urged the executive branch to present future budgets at least three months before the next financial year to ensure the continuation of the January-December budget cycle.

February 13, 2025 CBN Cautions Banks Against Setting ATM Withdrawal Limits Below ₦20,000

CBN Cautions Banks Against Setting ATM Withdrawal Limits Below ₦20,000

The Central Bank of Nigeria (CBN) has issued a warning to banks, stating that any institution forcing customers to withdraw less than ₦20,000 per transaction at Automated Teller Machines (ATMs) will face penalties.

In a question-and-answer explainer released on Thursday, the apex bank emphasized that ATM withdrawal fees—both for on-site and off-site machines—are structured with the assumption that customers can withdraw up to ₦20,000 per transaction.

Any bank that compels a customer with sufficient funds in their account to withdraw less than ₦20,000 per transaction, against their desire for a higher sum, would be contravening this regulation and will be sanctioned appropriately,” the statement read.

The CBN urged affected customers to report any violations by filing complaints at cpd@cbn.gov.ng.

Additionally, the bank reaffirmed that financial institutions must not exceed the prescribed ATM fees, though they have the flexibility to charge lower amounts based on their cost structure and business model.

The charges and surcharges are capped, meaning banks and other financial institutions cannot charge more than the fees stated in the circular. However, a bank can charge a lower amount depending on its cost structure and business development drive.”

To avoid unnecessary charges, the CBN advised customers to use their own bank’s ATMs whenever possible. It also encouraged the use of alternative payment methods, such as mobile banking apps, POS terminals, and digital payment options, to minimize ATM withdrawal costs.

 

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