Nigeria’s Inflation May Hit 30%, Bank Of America Warns
The Bank of America has revealed the Monetary Policy Committee of the Central Bank may need to increase interest rates by at least 700 basis points before the end of the year to curb inflation. In an interview with Bloomberg which was monitored by Africa Today News, New York on Tuesday morning, the bank’s sub-Saharan […]
Force Not Negotiations Needed To Destroy Bandits – Bukarti
Bulama Bukarti who is a security expert, has disagreed with a former Governor of Zamfara State, Ahmad Yerima, who is calling on President Bola Tinubu to negotiate with bandits. Bukarti, who spoke on Channels Television’s Politics Today which was monitored by Africa Today News, New York, stated that the Federal Government should instead use military force […]
China Restricts Chip Exports As US Weighs New Sanctions
The Chinese government has announced it has concluded plans to restrict exports of rare metals used to manufacture semiconductors due to national security concerns. In guidelines issued on Tuesday by the Ministry of Commerce and China Customs Chinese said that exporters will be needing the approval to send certain gallium and germanium products overseas from […]
Tinubu’s Govt Moves To Collect Tax From Market Traders
The government of President Bola Ahmed Tinubu has announced the Value Added Tax Direct Initiative that will be deployed in the coming months to enable the government FG to collect taxes from the informal sector. The Federal Inland Revenue Service, FIRS, made this in a statement through its Twitter handle which was sighted by Africa […]
Chinese Warships Arrives Nigeria On ‘Port Call’
No fewer than three Chinese warships have arrived in Nigeria as part of growing naval co-operation between the two countries, officials revealed on Monday. The visit is coming less than a year after the US defence officials expressed concern over Chinese plans for a military base on West Africa’s Atlantic coast. Africa Today News, New […]
5 Killed As Terrorists Fire Mortar Bombs Into Borno Community
No fewer than five persons have been murdered and 11 others severely injured after suspected terrorists fired a rocket-propelled grenade at a town in Borno State. Two anti-jihadist militia commanders told reporters yesterday scores of fighters attempted to invade the town of Damboa late on Friday but met stiff resistance from the paramilitary outfit that […]
Terrorism Charges: 5 Executed In Saudi, Including 1 Egyptian
According to state media, Saudi Arabia has reportedly carried out the execution of five people on Monday. They had been convicted of perpetrating a deadly attack on a place of worship, making it the most extensive group execution of the year. The trial of four Saudi nationals and one Egyptian citizen took place in response […]
PDP Warn Folarin Against Attributing His Failure To Makinde
The Oyo State chapter of the Peoples Democratic Party (PDP) has urged Teslim Folarin, the gubernatorial candidate of the All Progressives Congress (APC) in the 2023 general elections, to refrain from unfairly attributing his failure in the last governorship poll to the state governor, Engineer Seyi Makinde. The party stressed the need for responsible discourse […]
Borno Community Hit: 5 Killed In Terrorist Mortar Bombing
Suspected terrorists have reportedly targeted a town in Borno State, launching a rocket-propelled grenade that caused the death of no fewer than five people and left 11 others injured. Reliable sources confirm that scores of fighters launched an invasion on the town of Damboa on Friday night, only to encounter formidable resistance from the paramilitary […]
Mayors’ Call For Rally Calms France Riots
Over the weekend, rioters in suburban Paris attacked the home of a mayor, firing rockets at the official’s fleeing wife and children. The authorities are treating this shocking incident as a case of attempted murder. Throughout the period of unrest, numerous town halls in France have been subjected to vandalism and arson attempts, as rioters […]
Support Army In Fighting Bandits – Gov Kefas To Civilians
Governor Agbu Kefas of Taraba State on Sunday made a plea to civilians, urging them to offer their assistance to the Nigerian Army as they combat bandits and various criminal elements nationwide. During the inter-denominational service held at Anglican Cathedral Jalingo, Taraba, as part of the 2023 Army Day Celebration, Mr. Kefas took the opportunity […]
NLC, Tinubu To Confer On 65-Year Retirement Age
President Bola Tinubu will be meeting with the Nigeria Labour Congress to address the concerns raised about increasing the retirement age of civil servants to 65 years. Joe Ajaero, the National President of NLC, affirmed that the labor movement remains steadfast in their agitation, a cause that originated during the presidency of former President Muhammadu […]