In an update to its global growth forecast released Tuesday, the International Monetary Fund (IMF) warned of global economic risks that, if unchecked, could push the world into recession. The IMF blamed high inflation and the risks posed by Russia’s invasion of Ukraine for putting the global economy in jeopardy, adding that “worst case” scenarios are possible. According to IMF …
Former ally of President Muhammadu Buhari, Buba Galadima, has stated that with the country’s lingering insecurity, it will not be surprising if the country’s number one citizen is kidnapped. Galadima was responding to the country’s insecurity in an interview with the BBC Hausa service. “These bandits despise the Buhari administration,” he said. Everyone was afraid of him (Buhari) at the …
The Nasarawa State chapter of the Nigeria Labour Congress (NLC) held a peaceful protest for solidarity on Tuesday, in response to a directive from the Union’s national body regarding the prolonged industrial strike action launched by the Academic Staff Union Of University (ASUU). The state NLC, which had mobilised her members in solidarity, was seen holding a placard with the …
The Katsina State chapter of the New Nigeria Peoples Party asked the Independent National Electoral Commission on Monday to disqualify the Peoples Democratic Party’s presidential candidate, Atiku Abubakar, and his All Progressives Congress counterpart, Bola Tinubu. Sani Litti, the state Chairman of the NNPP, made the call at a press conference in Katsina on Monday, alleging that the two parties’ …
As the Academic Staff Union of Universities’ ongoing strike continues to make many undergraduates redundant, DEBORAH DAN-AWOH examines key lessons that students can learn to achieve financial independence before terminating their academic programmes. In the last five months, Nigerian undergraduates at government-owned universities have seen their educational pursuits come to a halt due to a strike called by lecturers for …
Rotimi Amaechi, a former Transportation Minister and All Progressives Congress presidential aspirant, came under fire on Monday for claiming that delegates who voted in the APC primary were bribed to influence the outcome of the convention. Amaechi also claimed that many of those who were bribed with money have since regretted their actions. On Saturday, he made the contentious statement …
Three traditional worshippers who had gone to a river along the Benin-Abraka road for rituals were abducted and whisked into the forest on Monday by suspected kidnappers. The incident occurred on Monday, July 25, 2022, around 1pm, according to a statement issued by the Command’s Deputy Public Relations Officer, ASP Jennifer Iwegbu, on Tuesday. “The Command received a complaint that …
The Northern Patriotic Front (NPF) has condemned late night voting in Ede South and Ede North during the recently concluded Osun Governorship Election. The NPF was one of the Independent National Electoral Commission-accredited Civil Society Organizations tasked with election monitoring. The group urged the electoral umpire to look into the matter in order to prevent it from happening again. It …
President Muhammadu Buhari has expressed heartfelt congratulations to Tobi Amusan for winning the women’s 100m hurdles gold medal for Nigeria at the World Athletics Championship 2022 in Oregon, United States. In a statement issued on Monday by his Special Adviser on Media and Publicity, Femi Adesina, the President said that with her victory, Amusan set a new world record in …
The Monetary Policy Committee’s (MPC) decision to maintain a hawkish stance and raise the benchmark interest rate has caused consternation not only in the financial industry, but also among organised private sector operators who believe the hike will further restrict their access to credit. The MPC raised interest rates for the second time this year in an attempt to slow …
Almost a year after President Muhammadu Buhari launched the Central Bank Digital Currency (CBDC), known as the eNaira, it has yet to fully permeate the financial industry, a situation the Central Bank of Nigeria (CBN) blamed on the country’s banks’ uncooperation. The governor of the Central Bank of Nigeria, Godwin Emefiele, stated last week that the use of the enaira …
Ambassador Mariam Katagum, Minister of State for Industry, Trade and Investment, applauded the recent approval obtained by the Standards Organisation of Nigeria (SON) to return to the ports in order to collaborate with the Nigerian Customs Service (NCS) to combat the menace of substandard at all entry points in Nigeria. She also reaffirmed his ministry’s commitment to assisting SON in …
As part of its efforts to alleviate the harsh economic crunch on youths, leading technology conglomerate, the Zinox Group, recently offered employment to a batch of unemployed Nigerian graduates who successfully completed its internship programme. The successful graduates were among the second batch of participants who completed a 30-day intensive Mini-MBA training programme organised by the Zinox Institute of Technology …
Peter Sorro, a police inspector, was killed during a shootout with suspected kidnappers in Ifewara, Osun State. It was also revealed that one of the kidnappers, a suspected Fulani herdsman, was killed during the gun battle. On Sunday, the Osun State Police Command Public Relations Officer, Yemisi Opalola, revealed that the late Inspector Peter and two other police officers from …
Officers from the Lagos State Police Command apprehended four phoney soldiers. They were apprehended by operatives of the Iju Division led by the DPO, CSP Gbenga Stephen. SP Benjamin Hundeyin, Public Relations Officer, said they were apprehended in the Iju area on Sunday. The police stopped the impersonators in a Mazda 3. They are Samuel Abel, 28, Victor ljeemai, 35, …
Security personnel in Abuja arrested an ad hoc staff member of a COVID-19 Vaccination Centre for issuing fake vaccination cards to some international travellers. Mal Mohammad Ohitoto, the NPHCDA’s Head of Public Relations, announced this in a statement on Monday. Before his arrest, Dauda Abu-Huraira worked as a recorder at the COVID-19 vaccination site at Wuse General Hospital in Abuja. …
Terrorists attacked travellers on the Jibia-Katsina road on Sunday afternoon. On Sunday morning, bandits attacked a Katsina State Transport Authority bus with the licence plate KT 14D-58 KT, killing at least three people, including the driver. The attack, which involved a commercial coastal bus bearing the registration number KT 14D-58 KT and operated by Katsina State Transport Authority (KSTA), took …
The Nigerian military has revealed that terrorists intend to attack three more prisons in the country. According to new military intelligence, terrorists intend to free their detained fighters by attacking prison facilities in Gusau, Birnin Kebbi, and Katsina. It was learned that the plan is to attack the prisons sequentially due to limited logistics, as they would have attacked simultaneously. …
A leader of an Anambra State vigilante group and three others have reportedly been arrested for alleged involvement in kidnapping in the state. According to sources, police recovered four AK-47 rifles that were said to have been buried in the vigilante leader’s backyard. According to police sources, the suspect was involved in the kidnapping of people in his neighbourhood. The …
Atiku Abubakar, the presidential candidate of the Peoples Democratic Party, has stated that the Labour Party presidential candidate, Peter Obi, cannot cause an upset in next year’s presidential election. Atiku, Nigeria’s former Vice President, stated this in an exclusive interview with Arise TV, which aired on Friday morning. He stated that Obi, who was his former vice presidential candidate alongside …
