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    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

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    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

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    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Commences Share Buyback Programme of Up to $110 Million

    Fubara, Cole Withdraws from APC Governorship Primaries

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    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    EFCC Nabs Fleeing Convicted Ex Power Minister for ₦33.8bn Fraud

    SEC Moves Nigerian Capital Market to T+1 Settlement System

    SEC Moves Nigerian Capital Market to T+1 Settlement System

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    Bill to prohibit foreign currency use in Nigeria scales first reading

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    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

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    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    African Governments Seek Fuel from Dangote Refinery

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    Marketers are not buying our petrol, we have 500 million liters in our tank – Dangote

    Dangote Refinery Exceeds 650,000 bpd Nameplate in Licensor Performance Test

    Access Holdings Profit Surges 22% in Q1 2026

    Access Holdings Releases Unclaimed Dividend List

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Russia recognizes two breakaway regions in Ukraine, orders forces into the regions

Tuesday, 22 February 2022, 8:35 am
in News, World
0
Russia recognizes two breakaway regions in Ukraine, orders forces into the regions
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Russian President Vladimir Putin on Monday recognized the independence of two Russian-backed regions – Luhansk and Donetsk, in a new twist to the Russia-Ukraine crisis.

Following the recognition of the regions’ independence, Putin ordered the Russian Ministry of Defense to provide “peacekeeping functions” to the breakaway regions.

The two regions backed by Russia, have been fighting Ukrainian forces since 2014.

Ukrainian President Volodymyr Zelensky in a late night speech on Monday said that Ukraine wanted peace but “we are not afraid” and “will not give anything away to anyone.” He added that Ukraine needs “clear and effective actions of support” from its international partners.

Last week, the Biden administration warned that recognizing the self-declared “People’s Republics” of Donetsk and Luhansk, in eastern Ukraine’s Donbas region, would violate international law and Ukraine’s sovereignty, and would “necessitate a swift and firm response” from America and its allies.

Following Russia’s recognition of the regions, President Joe Biden signed an executive order prohibiting new investment, trade and financing by Americans in the regions.

Read also: Enugu govt declares Wednesday 23rd February work-free day

In a statement, White House press secretary Jen Psaki said “To be clear: these measures are separate from and would be in addition to the swift and severe economic measures we have been preparing in coordination with Allies and partners should Russia further invade Ukraine,

NATO Secretary-General Jens Stoltenberg said the move “further undermines Ukraine’s sovereignty and territorial integrity” and “erodes efforts towards a resolution of the conflict.”

“Allies urge Russia, in the strongest possible terms, to choose the path of diplomacy,” Stoltenberg said in a statement.

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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