More Crisis As Sri Lanka’s Inflation Gallops Beyond 50%
Sri Lanka’s inflation hit a ninth consecutive record in June, official data showed Friday, rising to 54.6 percent a day after the IMF asked the bankrupt nation to rein in galloping prices and corruption. According to the department of census and statistics, it was the first time the Colombo Consumer Price Index (CCPI) grew above the psychologically significant 50% mark. The results were released a few hours after the International Monetary Fund advised Sri Lanka to stop its spiralling inflation and deal with corruption in order to save its struggling economy from being destroyed by a currency crisis. Read Also: Insolvent Sri Lanka Opens IMF Talks, Commences Shutdown The IMF ended 10 days of in-person discussions […]
5 Killed As Horrible Earthquake Hits Southern Iran
No fewer than five people were killed and 19 injured when a strong earthquake shook southern Iran early Saturday morning, Africa Today News, News York has learnt. The 6.0 magnitude quake hit 100 kilometres (60 miles) South-West of the port city of Bandar Abbas in Hormozgan province, the United States Geological Survey revealed. The quake […]
PDP Crisis: Atiku Pours Encomiums On Wike, Calls Him A Pillar
As the crisis on the opposition party in Nigeria continues to brew, the Presidential candidate of the Peoples’ Democratic Party, Atiku Abubakar has described Governor Nyesom Wike as the pillar and ‘Jagaban’ of the party. Atiku asserted that he holds Wike in very high esteem, pointing out that he is a man of revolution. He […]
Benin Bronzes: Nigeria Signs Key Agreement With Germany
Germany on Friday signed an agreement to commence sending hundreds of Benin bronzes back to the Federal Government, rubber-stamping the biggest effort yet by a European country to return the looted artworks. Africa Today News, New York recalls that Foreign Minister Annalena Baerbock and Culture Minister Claudia Roth had signed the deal with their Nigerian […]
I Will Use My ‘Naija Power’ To Beat Usyk Silly – Joshua
Former two-time heavyweight champion, Anthony Joshua has declared that he was relying on his ‘Naija’ power as he looks to conclude preparations to take on Oleksandr Usyk in a rematch on August 20 in Jeddah, Saudi Arabia. In an exclusive chat with Channels Sports in London which was monitored by Africa Today News, New York, […]
Biden Gets Supreme Court’s Approval To Alter Immigration Rule
The US Supreme Court yesterday gave President Joe Biden’s administration the green light to move on with his plans to end the so-called Remain in Mexico policy instituted by Donald Trump as part of his extreme approach to immigration. Africa Today News, New York reports that some non-Mexicans who entered the US illegally through the […]
‘There Was No Democracy’ – Hong Kongers React To Xi’s Speech
Most Hong Kong citizens have left scarring remarks to Xi Jinping’s speech which he gave after a rare visit to celebrate the 25th anniversary of the city’s handover from Britain, reactions to his speech ranged from deeming it “reassuring” to terming his stance “delusional”. The Chinese Communist Party has over time shown that it has […]
Court Halts Ganduje From Borrowing ₦10bn For CCTV
In lieu of Governor Ganduje’s request to get a loan for the installation of some CCTV cameras in the Statet, a Federal High Court in Kano, which was presided over by Justice Abdullahi Liman, on Friday has put out restrained the Kano State Government from borrowing ₦10 billion for the installation of some Closed-Circuit Television […]
Toyin Lawani’s Man Was Snatched By Tonto And Nengi – RHOL
Things have gotten really spicy in the reunion season of the Real Housewives of Lagos a reality show on Showmax as the Veteran Nigerian actress, Caroline Danjuma has openly made claims that popular fashion designer, Toyin Lawani who is also a guest and actress in the reality show had sometime ago accused reality tv star, […]
Buhari Told To Sack Service Chiefs Over Shiroro Massacre
The Nigerian President, Muhammadu Buhari has been told to sack all the Service Chiefs including the Director-General of the Department of State Services, the Inspector-General of Police and the National Security Adviser Major General Babagana Monguno(rtd) with immediate effect over the recent massacre of some soldiers and kidnap of some expatriates by bandits in Shiroro, […]
We’ll Be Mobilising For National Protest, Strike – NLC Threatens
The Nigeria Labour Congress (NLC) while reacting to the series of petitions they have made to the Federal Government of Nigeria has on Thursday announced that it would be holding a one-day national protest and strike which would be forcing the Federal Government to meet the demands of university-based unions. The NLC had also noted […]
Action Alliance Denies Slamming Lawsuit On Asiwaju Tinubu
While reacting to the rumoured lawsuit on the APC Flagbearer, Asiwaju Bola Tinubu, the leadership of the Action Alliance (AA) party have revealed that Upkai Ukairo and Kalu Agu, the two men who instituted litigation against the presidential candidate of All Progressives Congress (APC), Sen. Bola Ahmed Tinubu are not actual members of the AA […]