Economic Conditions In Sri Lanka Improving, IMF Declares
The International Monetary Fund (IMF) has asserted that the economic situation in debt-stricken Sri Lanka has began to gradually improve following its worst economic crisis two years ago. Inflation has dropped from a peak of 70 percent in 2022 to 5.9 percent in February even as the country’s economy expanded in the second half of […]
Nigerian Creators To Earn On Facebook, Instagram From June
Meta, the parent company of Facebook and Instagram, has concluded plans to launch a new feature on its applications in June 2024 which is aimed at empowering Nigerian creators to monetize their content and earn a livelihood through the platform. Meta’s President of Global Affairs, Nick Clegg made the announcement on Thursday shortly after a […]
Smoke Out Illegal Miners, FG Charges New Mining Marshals
The Federal Government of Nigeria through the Ministry of Solid Development Minerals has engaged the services of no fewer than 2,220 security personnel under a new security architecture with the mandate to smoke out illegal miners and all those who flout the nation’s mining laws. It also called on the new operatives to bring different […]
FX Backlog: Show Evidence Of Payment, Foreign Airlines To CBN
Against the backdrop of viral reports that the Central Bank of Nigeria (CBN), has cleared all valid foreign exchange backlogs, foreign airlines operating in the country have raised questions about the claim. The President of Association of Foreign Airlines and Representatives in Nigeria (AFARN), Mr Kingsley Nwokeoma, while speaking to newsmen on Friday called for […]
Wanted Rwandan Genocide Suspect Apprehended In Ohio
A man from Rwanda has been apprehended in Ohio on charges of hiding his involvement in the 1994 Rwandan Genocide, three decades after the unfortunate bloody incident. The Federal prosecutors who are handling the case had earlier accused Mr Eric Tabaro Nshimiye of concealing his involvement in the mass murders, including personally hacking a number […]
Man Who Threatened EFCC Boss’ Life Finally Arrested
Kayode Cole has been apprehended by the Economic and Financial Crimes Commission (EFCC) after allegedly making a death threat against the Commission’s Executive Chairman, Ola Olukoyede. Dele Oyewale, EFCC’s spokesperson, disclosed that Cole was arrested in the Lugbe sector of the Federal Capital Territory, Abuja. Instablog9ja had posted a story with a caption: “A Religious […]
US Surgeons Perform Successful Pig-to-Human Kidney Transplant
Thursday brought forth a remarkable announcement from a US hospital: surgeons have achieved a medical milestone by successfully transplanting a kidney from a genetically-modified pig into a living patient, a feat previously thought impossible. The four-hour surgery, conducted on Saturday, involved a 62-year-old man diagnosed with end-stage kidney disease, as revealed by Massachusetts General Hospital […]
NPA MD Notes Impact Of Poor Facilities On Port Operations
Weak and faulty infrastructure within the nation’s ports has been identified by Mohammed Bello-Koko, the Managing Director of the Nigerian Ports Authority, as the root cause of their inadequate performance. In Abuja on Thursday, during the defense of the agency’s 2024 budget estimates, the head of the Nigerian Ports Authority (NPA) made these remarks. He […]
NBS Reports Surge In Kerosene Price To ₦1,340/ltr In Feb
Data compiled by the National Bureau of Statistics indicates that the average retail price for one litre of kerosene saw an increase, jumping from N1,329 in January 2024 to N1,340 in February 2024. This announcement was made in the Petrol Price Watch for February 2024, issued by the bureau in Abuja on Thursday. The bureau […]
Edo NLC Stages Picket At LP Secretariat; Party React
On Thursday, the Edo State Council of the Nigeria Labour Congress (NLC) took action by picketing the state Labour Party secretariat located at Ogbelaka Street, Off Sakponba Road, Benin. Their protest stems from allegations of contempt towards the Nigeria Labour Congress by the party’s National Chairman, Julius Abure. Elaborating on the motivations behind the picketing, […]
CJN To Earn ₦5.4m Monthly As Reps Pass Judicial Officers Bill
A bill for an Act for upward review of the salaries, allowances, and fringe benefits of judicial officers has been passed by the House of Representatives, a development that will see the Chief Justice of Nigeria expected to earn a monthly salary of ₦5.39m. In the executive bill submitted to the Green Chamber on Tuesday […]
NASS Passes Student Loan Bill, Fixes Jail For Defaulters
The Nigerian National Assembly passed the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, Africa Today News, New York reports. This is coming after separate considerations by both the Senate and the House of Representatives of the report of the Committee on Tertiary Institutions and TET Fund. Africa Today News, New […]