Kidnapping: Delta Police Arrests 4 Suspects Arrested for Receiving Ransom Payments

The Delta State Police Command has apprehended four suspects for allegedly colluding with kidnappers to collect ransom payments from their victims. According to the Police Public Relations Officer, SP Bright Edafe, the suspects used their bank accounts to receive the ransom payments, deducting between 15 per cent and 40 per cent as their share before remitting the balance to the kidnappers. The suspects were identified as Chimerije Joshua Nwakpa, Eze Levy Onyekachi, Ezemma Maxwell Nnadozie,...

2024 Olympics: Nigeria to Compete in 11 Sports

Nigeria’s contingent to the 2024 Olympic Games in Paris, France, will comprise 88 athletes who will compete in various sports from 26 July to 11 August 2024. The athletes will participate in sports such as athletics, badminton, basketball, boxing, canoeing, cycling, football, table tennis, taekwondo, weightlifting, and wrestling. Minister of Sports Development, John Owan Enoh, has expressed optimism about the team’s performance, urging Nigerians to support the athletes. “Our athletes are putting in tremendous effort...

Okonjo-Iweala Gets Support of 58 Countries for Second Term As WTO DG 

The World Trade Organisation, WTO, has announced that 58 member countries have endorsed a proposal by the African Group for Ngozi Okonjo-Iweala to run for a second four-year term as director-general. According to a statement by the Geneva-based organisation, the countries expressed their support during the general council meeting on Monday. The African Group had proposed that Okonjo-Iweala, who is due to complete her first term at the end of August 2025, make herself available...

National Assembly Unanimously Approves N70,000 National Minimum Wage

The National Assembly has passed a bill to increase the national minimum wage from N30,000 to N70,000 per month, ending a protracted standoff between the government and labour unions. The bill, which was accelerated through the legislative process, amends the 2019 Minimum Wage Act by reducing the review period for the national minimum wages from five years to three years. The passage of the bill followed months of negotiations between the government and labour unions,...

Protests: IGP Egbetokun Pledges Professional Conduct on 1 August

…vows clampdown on hoodlums disguised as protesters The Inspector-General of Police, Olukayode Egbetokun, yesterday warned that the Nigeria Police Force will not hesitate to act decisively if the planned 1st August protests turn violent. Egbetokun made this statement in Abuja during a meeting with top police officials, comprising commissioners of police and above. The meeting aimed to share intelligence and analyse security information to ensure the country’s safety. The Police Boss assured that the police...

CBN Raises Interest Rate to 26.75% as Inflation Bites Harder

The Central Bank of Nigeria, CBN, on Tuesday, announced a 50 basis point increase in the monetary policy rate, MPR, from 26.25 per cent to 26.75 per cent. CBN Governor, Olayemi Cardoso, made the announcement at the end of the 296th meeting of the Monetary Policy Committee, MPC, in Abuja on Tuesday. The increase is a desperate attempt to tame the rising inflation rate, which stood at 34.19 per cent as of last week. The...

Nigerian-American Ogunbowale Wins Second WNBA All-Star Game MVP Award

Nigerian-American basketball star Arike Ogunbowale made Nigeria proud at the Women’s National Basketball Association, WNBA, All-Star Game on Sunday in Phoenix, USA. Ogunbowale, 27, led her team, the WNBA All-Stars, to a close victory over Team USA with a record-breaking performance. Despite not scoring in the first half, Ogunbowale came alive in the second half, scoring an incredible 34 points, the most ever in a single WNBA All-Star Game. This included a staggering 21 points...

Biden Steps Down From Presidential Race, Endorses Harris

US President Joe Biden has officially announced his withdrawal from the presidential race. In a statement released on Sunday, Biden said he wants to “focus all my energies on my duties as President for the remainder of my term” Also, in a surprising move, President Biden endorsed Vice President Kamala Harris as his preferred candidate. “I want to offer my full support and endorsement for Kamala to be the nominee of our party this year,”...

Dangote Abandons Steel Investment Plans in Nigeria Over Monopoly Accusations

Aliko Dangote, Africa’s richest man, has shelved plans to build a new steel plant in Nigeria. This decision comes amidst accusations from the government that Dangote’s business empire wields too much influence, particularly with the launch of his new oil refinery. Dangote announced the change of plans on Saturday while addressing journalists at his refinery in Lagos. He stated that the company’s board opted to avoid the steel industry to avoid being “called all sorts...

Nigeria Falls to 39th in FIFA World Rankings, Now Fifth in Africa 

The Nigerian national team, the Super Eagles, has slid down the FIFA World Rankings to land at 39th place in the latest update. The news stings for Nigerians, especially considering the team’s strong showing earlier this year. Nigeria was ranked 28th in February after an impressive run in the Africa Cup of Nations which saw them finish second-place. While FIFA has not pinpointed the exact reasons for the decline, it is likely due to the...

WP2Social Auto Publish Powered By : XYZScripts.com