US Moves To Slam Sanctions On Russia Over Navalny’s Death
The government of the United States has concluded plans announce fresh sanctions on Russia before the end of the week over the death in prison of opposition leader Alexei Navalny, as a string of European governments summoned Russian diplomats. The principal political rival of Russian President Vladimir Putin passed away in his prison colony on […]
Tinubu Goes In Search Of $10bn To Save Tumbling Naira
The Nigerian Federal Government is planning to raise $10bn to improve liquidity in the foreign exchange market after the naira fell to an all-time low of 1,850 per dollar at the parallel market on Tuesday. President Bola Tinubu, who was represented by Vice President Kashim Shettima at the inaugural Public Wealth Management Conference in Abuja […]
Guinea’s Government Disbanded As Military Assumes Control
After more than two years of military rule, Guinea’s armed forces have declared the disbandment of the interim government, paving the way for the establishment of a new administration in the West African country. In a late-night video statement on Monday, military leaders declared that directors of cabinets, secretary generals, and their deputies would assume […]
Russian Pilot Who Defected To Ukraine Killed In Spain
Authorities in Spain are investigating the discovery of a deceased man, believed to be the Russian helicopter pilot who made headlines last year for defecting to Ukraine, with gunshot wounds. The daring act of Maxim Kuzminov, who piloted a helicopter into Ukrainian territory and turned himself in, captured global attention in August. Nevertheless, Spanish authorities […]
$340m Win Dispute: American Sues Lottery Company
John Cheeks, a resident of Washington DC, has initiated legal proceedings against both Powerball and the DC Lottery. Cheeks’ hopes soared when he thought he’d hit a $340 million (£270 million) jackpot, only to have Powerball and the DC Lottery retract their announcement, saying his numbers had been mistakenly published. Powerball, a popular American lottery […]
NB CEO: Beer Becoming Unaffordable For Many Nigerians
Hans Essaadi, CEO of Nigerian Breweries Plc, underscored the gravity of Nigeria’s economic woes, noting that purchasing beer has become a luxury beyond the reach of most citizens. Essaadi made this statement during Monday’s investor call, which took place after the company unveiled its 2023 financial results. ‘It has been unprecedented year for our business […]
₦95bn Stolen Crude Seized By Navy In 10 Months – Commander
The Eastern Naval Command of the Nigerian Navy has disclosed that its operations conducted from April 2023 to February 2024 have contributed to saving the nation a substantial ₦95 billion. Rear Admiral Olusola Oluwagbire revealed this information in Calabar on Monday during a parade commemorating the conclusion of his tenure as the Flag Officer Commanding, […]
Quarantine Service Targets Food Smugglers, Hoarders
In a bid to combat the activities of hoarders and smugglers dealing in food items and agricultural produce, the Nigeria Agricultural Quarantine Service announced on Monday its decision to bolster security by deploying more officers to oversee operations at the nation’s land and sea borders. This decision by the Nigeria Agricultural Quarantine Service underscores its […]
NBS Findings: 92% Of Nigerian Workers In Informal Employment
The National Bureau of Statistics (NBS) released a survey revealing that as of the third quarter of 2023 (Q3’23), approximately 92.3 percent of employees in Nigeria were part of the informal workforce. Titled “Labour Force Statistics,” the survey report, which came out yesterday, shed light on another significant finding: 12.3 percent of the Nigerian population […]
UK Court To Consider Assange’s Appeal Against US Extradition
Tomorrow, London’s High Court will kick off proceedings for Julian Assange’s ultimate UK appeal, as he fights against extradition to the United States. The case revolves around his role in publishing confidential military and diplomatic files. Washington is pushing for the extradition of the 52-year-old Australian individual, who has faced charges on several occasions between […]
Wike Eyes Tie-up With Qatar On Tourism, Security
During a press briefing, the Minister of the Federal Capital Territory (FCT), Nyesom Wike, stressed his administration’s readiness to partner with the State of Qatar to develop the tourism sector and enhance security measures in the nation’s capital. The offer was made by Wike during a courtesy visit to his office in Abuja by Dr. […]
FG Vows Cheaper Cement To Improve Roads, Cut Import Duties
According to official sources, the Federal Government is prioritizing road infrastructure repairs and exploring solutions to address the soaring price of cement, including measures to alleviate gas costs and import tariffs. This statement forms a crucial part of the consensus reached during a meeting held between government representatives and key cement industry stakeholders in Abuja […]