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FA Cup: Championship side Nottingham Forest humble Arsenal

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Arsenal suffered a shock 1-0 defeat at the hands of Championship side Nottingham Forest in the FA Cup third round on Sunday.

Forest striker Lewis Grabban came off the bench to grab an 82nd-minute winner and set up a fourth-round clash against holder Leicester City.

Sunday’s result was just the second time in 26 years that Arsenal had been knocked out in the third round — Forest previously beat Arsenal at this stage of the competition in 2018 in what was former manager Arsene Wenger’s final FA Cup game.

Arsenal, who have won the FA Cup 14 times, most recently in 2020, wore an all-white kit in their clash on Sunday as part of a “No More Red” campaign to spread awareness of the high levels of knife crime among young people in London.

The visitors failed to dominate in a scrappy first half, and Nuno Tavares, who appeared uninjured, was visibly frustrated to be substituted on 35 minutes, following a sloppy performance.

Forest had a chance to take the lead in the second half when winger Brennan Johnson led a counter-attack and set up forward Philip Zinckernagel, who forced opposing goalkeeper Bernd Leno into a save.

Grabban came on as a substitute on 68 minutes and soon made an impact, racing onto the end of a cross from midfielder Ryan Yates and slotting home to earn a 1-0 victory.

(Reuters/NAN)

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CBN reduces charges on electronic transactions

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The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges by banks, other financial institutions and non-bank financial institutions.

A circular by Chibuzor Efobi, for the Director, Financial Policy and Regulation Department, stated that the review was in response to “further evolution in the financial industry in the last few years.”

The apex bank stated that the new guide included review of other bank charges to align with market developments.

It stated that it also comprised inclusion of new sections on accountability/responsibility and a sanction regime to directly address instances of excess unapproved, (arbitrary) charges.

It added that the revised guidelines took effect from January 1.

The CBN has the mandate to issue the guide to bank charges. The guide provides a basis for the application of charges on various products and services offered by banks and other regulated institutions under the purview of the apex bank.

The guide was first released in 2004 and revised in 2013 and 2017 due to market developments such as new innovations in products and channels, as well as new industry participants.

(NAN)

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Kwara assembly passes N189.4 billion 2022 budget

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The Kwara House of Assembly on Thursday passed the state’s 2022 Appropriation bill of N189.4 billion. 

The appropriation bill was passed after the House considered and adopted the report of House Committee on Finance and Appropriation during Tuesday’s plenary.

The report, which was presented by the Chairman of the Committee, lbrahim Ambali (APC, Owode-Onire), enjoyed the support of all members at the plenary

Some lawmakers in their contributions described the budget as ambitious and urged the executive to ensure swift implementation.

The appropriation bill was later read for the third time by the Clerk of House, Haleemah Kperogi, prior to its passage.

In his remark, the Speaker, Yakubu Danlaadi, reaffirmed the determination of the House towards effective lawmaking in the state.

“With today’s passage of the 2022 Kwara budget, the capital expenditure is 56 per cent of the total budget size, while the remaining 44 per cent is for Recurrent Expenditure,” the Speaker said.

Mr Danlaadi promised that the House would intensify on its oversight function’s to ensure proper implementation of the budget.

The speaker applauded Governor Abdulrahman Abdulrazaq for making provision for consequential adjustments of N39,000 minimum wage from grade level seven to seventeen in this year’s budge.

Mr Danlaadi later directed the Clerk of the House, Ms Kperogi, to prepare a clean copy of the Bill for Governor’s assent.

(NAN)

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Man to sweep Bauchi stadium for three months for embezzlement

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The Chief Magistrate Court 4 sitting in Bauchi on Thursday sentenced 40-year-old Abraham Owen to punishment of sweeping the Abubakar Tafawa Balewa Stadium for three months. 

Mr Owen was found guilty of misappropriating N145,000 belonging to the Alfijir Wisdom Academy, Bauchi, where he served from 2017 to 2019 as the school headmaster.

The plaintiff, Fatima Shuaibu of the Kafin Tafawa Bayara filed the suit on June 2, 2020 against Mr Owen on a three-count charge of cheating, breach of trust and misappropriation.

The presiding judge, Sadiya Salihu, said after discreet investigations the accused person was found guilty of the offense and ordered him to pay N130,000 and N20,000 as compensation to the plaintiff. 

The trial judge said the judgment was based on sections 305 and 78 of  the penal code law of Bauchi state. 

The court averred that the non-custodial sentence was to enable the defendant to raise the said amount since he had been disengaged from the school’s employment and had lost his means of livelihood. 

The court ordered that the daily labour be carried out under the supervision of a non custodial officer, who should report back to the court on March 22, 2022.

(NAN)

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