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No Retreat On Attack On Iran In ‘Clear And Decisive’ Manner, Israeli War Cabinet Declares –
By Kayode Sanni-Arewa
Despite international pressure and calls for restraint amid fears of an escalation of conflict in the Middle East, the Israeli war cabinet and forces have vowed to respond to Iran’s aggression attack in what they tagged a “clear and decisive” manner.
The Israeli cabinet, according to Reuters’s report, said that they awaited word on how Prime Minister, Benjamin Netanyahu, would respond to Iran’s first-ever direct attack.
A government source reportedly said that Netanyahu on Monday summoned his war cabinet for the second time in less than 24 hours after Iran’s attack, to weigh a response to the massive weekend missile and drone attack.
It was gathered that while the attack caused no deaths and little damage, following the intervention of the air defences and countermeasures of Israel and its allies, the attack has increased concerns that violence rooted in the Gaza war in Palestine is spreading, and there is fear of open war between the two countries that have been long-time enemies.
Reuters reports that Israeli military chief of staff, Herzi Halevi, on Monday said that “This launch of so many missiles, cruise missiles and drones into Israeli territory will be met with a response” but gave no further details.
Meanwhile, Iranian Deputy Foreign Minister, Ali Bagheri Kani, told state TV on Monday night that Tehran’s response to any Israeli retaliation would come in “a matter of seconds, as Iran will not wait for another 12 days to respond”.
However, the prospect of Israeli retaliation has reportedly alarmed many Iranians already enduring economic pain and tighter social and political controls since protests in 2022-2023.
It was believed that Iran launched the attack on Israel in retaliation for an airstrike on its embassy compound in Damascus on April 1 attributed to Israel, and signalled that it did not seek further escalation.
Meanwhile, the U.S. President, Joe Biden, told Israeli Prime Minister Netanyahu at the weekend that the United States, which helped Israel blunt the Iranian attack, would not participate in an Israeli counter-strike.
Recall that since the war in Gaza began in October, clashes have erupted between Israel and Iran-aligned groups based in Lebanon, Syria, Yemen and Iraq.
Israel said that four of its soldiers were wounded hundreds of metres inside Lebanese territory overnight, the first known Israeli ground penetration into Lebanon since the Gaza war erupted, although it has traded fire with the Lebanese Hezbollah militia.
The European Union’s foreign affairs chief, Josep Borrell, was quoted as telling Spanish radio station Onda Cero that, “We’re on the edge of the cliff and we have to move away from it.”
French President Emmanuel Macron, German Chancellor Olaf Scholz and British Foreign Secretary David Cameron made similar appeals. Washington and U.N. Secretary-General Antonio Guterres also have called for restraint.
However, the White House national security spokesman, John Kirby, on Monday refused to say if Biden had urged Netanyahu in talks on Saturday night to exercise restraint in responding to Iran.
Kirby said, “We don’t want to see a war with Iran. We don’t want to see a regional conflict,” adding that it was for Israel to decide “whether and how they’ll respond
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Arewa Christians Association Salutes Nigerians At Christmas
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Access Bank Becomes First to Meet CBN’s Minimum Capital Requirement with N351bn Rights Issue
By Gloria Ikibah
Access Holdings Plc has announced the successful completion of its Rights Issue, raising N351,009,103,017.25 through the issuance of 17,772,612,811 ordinary shares at N19.75 per share.
This achievement follows full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC).
With this milestone, Access Bank Plc, the flagship subsidiary of Access Holdings, is the first bank to meet the CBN’s N500 billion minimum capital requirement for banks with international authorisation, well ahead of the March 2026 deadline. The bank’s share capital now stands at N600 billion, exceeding the regulatory threshold by N100 billion.
This marks a significant achievement as Access Holdings is the first CBN-licensed financial holding company to execute a fully digital Rights Issue. The process utilised the Nigerian Exchange Group’s E-offer platform to provide shareholders with a seamless and efficient subscription experience, enhancing accessibility and participation.
Speaker on the development, the Holding Company’s Chairman, Aigboje Aig-Imoukhuede, highlighted the innovation and leadership demonstrated by the institution. Further details from the statement emphasize the bank’s commitment to leveraging technology to drive growth and improve shareholder value.
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I’m optimistic about Nigeria’s future, says Shettima
Vice President Kashim Shettima has expressed optimism about Nigeria’s future, reaffirming the commitment of the Federal Government to national security, economic transformation, and the well-being of all citizens.
In a Christmas message on Wednesday, Shettima assured Nigerians that the administration of President Bola Tinubu is resolute in its efforts to tackle critical issues such as security and economic challenges, as the country prepares for the coming year.
“As we approach a new year, I want to reassure you that President Tinubu’s administration remains fully dedicated to improving the lives of all Nigerians. We are committed to tackling economic transformation and enhancing the welfare of every citizen,” Shettima said.
Highlighting Nigeria’s diversity as a strength, the Vice President called on Nigerians to use the festive period to strengthen unity across all regions and faiths, fostering a spirit of togetherness.
“Our nation’s greatest strength lies in its diversity. This holiday season offers us the perfect opportunity to strengthen the bonds of brotherhood that unite us,” he stated.
Shettima also assured Nigerians of the continued vigilance of the nation’s security forces, emphasising that security personnel would remain on high alert during the holiday period to ensure safety.
“Our brave security personnel will continue to work tirelessly to protect us. Enhanced security measures are in place to safeguard citizens during the festive season,” he said, urging travelers to stay vigilant.
Looking to the future, Shettima expressed hope and confidence in the country’s trajectory.
“I am filled with hope and optimism about Nigeria’s future. Together, we will build a more prosperous and united nation,” he said.
Addressing the nation’s youth, Shettima emphasised their crucial role in Nigeria’s development and outlined the government’s initiatives aimed at creating opportunities for them.
“To our young people, you are the backbone of our nation. The Renewed Hope administration is rolling out various initiatives to empower you, enabling you to thrive and contribute to Nigeria’s growth,” Shettima said.
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