News

Friday, 01 March 2024 04:41

West flirting with nuclear war ‘and therefore, the destruction of civilization. Don’t they understand this?’ - Putin

Western officials indulging in escalatory rhetoric should realize that they are effectively invoking the specter of an all-out nuclear war, Russian President Vladimir Putin warned in a speech to legislators in Moscow on Thursday. He also once again accused the West of instigating the Ukraine conflict. Putin addressed the topic in the opening minutes of his annual state-of-the-nation speech, a key event in which the president declares his plans and priorities in a televised address to both houses of the Federal Assembly of Russia, the national legislature. President Putin insisted that recent claims by Western officials, that Moscow is planning…

Thursday, 29 February 2024 04:45

MTN explains why calls weren’t going through yesterday

MTN Nigeria says multiple fibre cuts are responsible for the service outage experienced by its subscribers on Wednesday. Several users had complained about suffering network disruption. According to a post on its X page on Wednesday, MTN said the outage is affecting voice and data services. The telecommunications company also expressed regret at the downtime experienced by its customers. “You have been experiencing challenges connecting to the network due to a major service outage caused by multiple fibre cuts, affecting voice and data services,” MTN said. “Our engineers are working hard to resolve with services gradually being restored in some…

Thursday, 29 February 2024 04:44

Two top officials of cryptocurrency firm Binance arrested after arriving Nigeria

Two senior executives at Binance have been detained in Nigeria as the country cracks down on cryptocurrency exchanges, the Financial Times reported on Wednesday, citing people familiar with the matter. The executives flew to Nigeria following the country's decision to ban several cryptocurrency trading websites last week but they were detained by the office of the country's national security adviser and their passports seized, the report said. Binance did not immediately respond to a Reuters request for comment. The crackdown follows a period after several cryptocurrency websites emerged as platforms of choice for trading the Nigerian currency, which has suffered…

Wednesday, 28 February 2024 04:45

CBN hikes interest rate to record level in bid ‘to dig the country out of its present mess’

Nigeria’s central bank took a vital step toward restoring confidence in the battered naira by aggressively raising interest rates and pledging to dig the country out of its present “mess.” Announcing a much-bigger-than-expected 400 basis point rate increase to 22.75%, Governor Olayemi Cardoso said that the central bank was not responsible for the nation’s woes, but was working hard to put things right. “We are part of the solution,” he told a media briefing in Abuja, the capital, on Tuesday after the monetary policy committee held its first gathering since July. “We are determined to ensure that we work hard…

Wednesday, 28 February 2024 04:44

NLC suspends nationwide protest because ‘objectives of protest achieved on first day of the demonstration’

Nigeria Labour Congress (NLC) has suspended its two-day nationwide protest. The NLC had declared a two-day nationwide mass protest for February 27 and 28, over the economic hardship confronting millions of Nigerians since the removal of the petrol subsidy in May 2023. The NLC and Trade Union Congress of Nigeria (TUC), had on February 8, given a 14-day ultimatum to the federal government over the rising cost of living in the country. A late night meeting on Monday between the federal government and NLC was not enough to convince the latter to shelve the nationwide protests. On Tuesday morning, the…

Wednesday, 28 February 2024 04:41

Ex-Vice Chancellor delivers Hallmark University Maiden Convocation Lecture today

PRESS RELEASE Hallmark University, Ijebu-Itele, Ogun State will be holding its maiden convocation ceremony on the 29th of February, 2024 at the University main auditorium. According to the University Registrar, Afolabi Ajayi, "the former Vice-Chancellor of Olabisi Onabajo University, Ago-Iwoye, Professor Wale Olaitan, will be the special guest at the occasion." The Convocation Lecture holds 11am on Wednesday February 28, 2024. He stated further that: "Graduating students, their parents and guests must be seated by 9.30am at the University Auditorium and must remain seated until the end of the ceremony." Parts of the programmes marking the occasion include lectures, exhibitions,…

Tuesday, 27 February 2024 04:47

FEC constitutes committee to implement Orosanye panel report on restructuring of MDAs

Federal Executive Council (FEC) on Monday, gave its nod for the implementation of aspects of the 2012 Stephen Oromsaye Panel Report. Minister of Information and National Orientation, Mohammed Idris, disclosed this after the council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. He said the go-ahead was given to reduce the cost of governance.” The minister further said the implementation of the report means that some agencies, commissions and departments of government have been scrapped, merged, subsumed and others moved under new ministries. He explained: “President Bola Tinubu has taken a decision to implement the so…

Tuesday, 27 February 2024 04:45

NLC nationwide protest to go ahead today despite last minute pressure from FG - Ajaero

The federal government has been unable to convince the Nigerian Labour Congress (NLC) to halt its planned nationwide protest. A government delegation led by George Akume, secretary to the government of the federation, met with the NLC and Trade Union Congress (TUC) and other labour leaders on Monday night. After the sit-down, Ajaero said the union would embark on a peaceful rally to express their grievances over the deteriorating economic crisis and high cost of living in the country. Speaking with journalists, Ajaero said it is the responsibility of both parties to ensure the protest is peaceful. He asked the…

Tuesday, 27 February 2024 04:44

Hardship: Customs suspends rice sale after pregnant woman, 6 others die in stampede

Nigeria Customs Service, on Monday, announced the suspension of the sale of foodstuffs following a stampede that reportedly killed seven persons at the NCS Old Zonal Headquarters in the Yaba area of Lagos State on Friday. Chief Superintendent of Customs and National Public Relations Officer for Comptroller General of Customs, Abdullahi Maiwada, disclosed the suspension of the exercise in a statement on Monday. Nigeria Customs had said it was selling seized food items at N10,000 per 25kg to alleviate the people’s suffering as a result of the current high cost of living and other economic hardships. On Friday, a pregnant…

Monday, 26 February 2024 04:45

Tinubu sets up economic advisory committee - Dangote, Soludo are members

President Bola Tinubu has set up an economic advisory committee comprising the federal government, state governments, and the private sector. The president announced the setting up of the committee after he held a meeting with some key stakeholders at the State House, Abuja, on Sunday evening. Tinubu said the goal is to provide “additional efforts” in stabilising the economy and ensuring the “best economic future” for Nigerians. “Let’s look at what we’re doing right and what we’re doing wrong to bring life back to the economy. Like I said, many times, the people of this country are only the people…

More...

Monday, 26 February 2024 04:44

Hardship: NLC says no going back on nationwide protest, warns against physical attacks by govt’s agents

Nigerian Labour Congress (NLC) says it is determined to go ahead with its planned two-day nationwide protest over the rising cost of living, irrespective of the intimidation by the government. In a statement on Sunday, Joe Ajaero, the NLC president, said the hardship that Nigerians are experiencing cannot be cured by intimidation and violence. Ajaero noted that the protest scheduled for Tuesday and Wednesday would be observed in a peaceful manner. The NLC president said citizens have the fundamental right to peaceful protest. He urged the government to put on its thinking cap and find a lasting solution to the…

Sunday, 25 February 2024 04:56

Tinubu-led ECOWAS eats the humble pie, lifts sanctions on Niger, Mali, Burkina Faso after military-ruled countries withdrew membership

The West African regional bloc said on Saturday it would lift strict sanctions on Niger as it seeks a new strategy to dissuade three junta-led states from withdrawing from the political and economic union - a move that threatens regional integration. The decision to lift the sanctions was reached at the extraordinary summit of the ECOWAS held in Abuja on Saturday. The regional bloc also lifted sanctions on the Republic of Guinea-Bissau. The military junta in Mali took over power in August 2020 while soldiers in Burkina Faso overthrew the democratic government in September 2022. Also, soldiers in the Niger…

Sunday, 25 February 2024 04:55

Traders mop up foods items in Nigeria, sell across borders in Niger, Cameroon, others on massive Naira devaluation

Amid the free fall of the naira to the United States dollar, traders who deal in grains have devised a way to sell their wares to neighbouring countries for higher profits. Many of them, who spoke to our correspondents, claimed that they preferred to sell their wares to the countries because they had stronger currencies compared to the naira. This, several experts have said, may lead to hoarding and an artificial grain scarcity and can cause the price of the goods to further head north, thereby leading to a food crisis if nothing is done about it. This is coming…

Sunday, 25 February 2024 04:54

Hardship: Soldiers, police, others thwart attempts by desperate residents to loot Jos market

Security operatives including soldiers, police and Nigeria Security and Civil Defence Crops (NSCDC) have taken over the popular Yankalli Market, one of major commodity markets in Plateau State, following an attempt by desperate residents to break in to steal food and other essential commodities. The desperate people, including both males and females, arrived at the market around 8:00 pm on Friday but were intercepted by security operatives who had been deployed in anticipation of attack. Jamilu Kabiru, chairman of a traders’ association, confirmed the development, stating that they had earlier reported to security agencies. He said “We had heard on…

Page 10 of 798

News

More...

Search

Most Read

News

Business

Politics

Opinion

Features

Strangely

Crime

Wars

SCIENCE & TECH

SPECIAL REPORTS

Sports

VIDEOS