Presidency Rejects New York Times’ ‘Jaundiced’ Economic Report on Nigeria

The Nigerian Presidency has rejected a recent report by the New York Times on the country’s economic situation, labelling it as misleading and jaundiced. The report, published on June 11, painted a dire picture of Nigeria’s economy, blaming the current administration’s policies for the country’s woes. “Nigeria is facing its worst economic crisis in decades, with skyrocketing inflation, a national currency in free-fall and millions of people struggling to buy food,” Ruth Maclean and Ismail...

World Bank Approves $2.25b Loan to Support Nigeria’s Economic Recovery

The World Bank has approved a US$2.25 billion loan for Nigeria to bolster economic stability and support vulnerable populations within the country. The loan will be used to provide immediate financial and technical support for Nigeria’s urgent economic stabilisation efforts and to enhance the country’s non-oil revenue generation and safeguard oil revenues. According to Ousmane Diagana, the World Bank Vice President for Western and Central Africa, “Nigeria’s concerted efforts to implement far-reaching macro-fiscal reforms place...

Nigerian Army Kills Notorious Bandits’ Kingpin, 35 Others in Kaduna

  Buharin Yadi, one of the deadliest bandit leaders terrorising northern Nigeria in the last decade, has met his bitter end at the hands of security forces. The troops of Sector 6 Operation Whirl Punch rained down fire on the kingpin known as Buhari Alhaji Halidu, alias Buharin Yadi, and dozens of his cohorts, abruptly terminating their ignominious spell of terror. The Kaduna State Commissioner for Internal Security and Home Affairs, Samuel Aruwan, disclosed this...

Nigerian Military Arrests Suspects in Connection with Killing of Soldiers in Abia

Two weeks after the killing of five Nigerian soldiers in Obingwa LGA of Abia State, the military has arrested scores of suspects in connection with the attack. The suspects, who are currently being interrogated, are believed to have played various roles in the ambush that resulted in the death of the soldiers. According to Defence Headquarters spokesperson Maj.-General Edward Buba, the arrests were made in a series of raids conducted by a combined team of...

VIDEO: President Tinubu falls off Parade Jeep at Democracy Day Celebration

President Bola Tinubu suffered a fall on Wednesday while boarding the parade vehicle at the Democracy Day celebration at Eagle Square, Abuja. According to viral videos on social media, the President lost his footing while climbing the steps and had to be helped up by his security details. Despite the incident, President Tinubu quickly regained his balance and continued with the proceedings. Earlier in his Democracy Day speech, the President reflected on Nigeria’s journey from...

Dangote Refinery Pushes Back Petrol Production to July

Nigerians will have to wait a little longer for locally-produced petrol from the Dangote Refinery. The commencement of petrol production, initially expected in June, has been rescheduled for mid-July, according to the refinery’s President and CEO, Aliko Dangote. Dangote attributed the postponement to a “bit of delay” during a tour of the US$20 billion facility in Lagos on Monday. While details regarding the specific reasons for the delay have not been disclosed, he assures the...

Transcript of President Tinubu’s Democracy Day Address

President Bola Ahmed Tinubu delivered an address on the country’s Democracy Day, 12 June 2024. In his speech, President Tinubu reflected on the nation’s journey towards democratic governance, paying tribute to the heroes and heroines who fought for freedom and democracy. He emphasised the significance of democracy as a way of life, highlighting its importance in ensuring liberty, equality, and economic opportunity for all citizens. The President also addressed the challenges facing the nation, including...

Gunmen Kill 2 Policemen, Civilian in Early Morning Attack

…Police accuse IPOB and ESN. Two police officers and a civilian have been killed by unknown gunmen at a security checkpoint along the Owerri-Okigwe road in Imo state. The incident reportedly unfolded on Tuesday in Akabo, Ikeduru local government area of Imo State. Eyewitness reports indicate that the heavily armed gunmen arrived in a vehicle and targeted the officers stationed at the checkpoint. The attack happened around 6:00 a.m., catching the officers by surprise. A...

VP Chilima and 9 Others Perish in Malawi Plane Disaster

Malawi’s Vice President, Saulos Chilima, and nine other passengers were killed when the plane they were travelling in crashed in the Chikangawa mountain range. The group was travelling to attend the funeral of a former government minister in the northern part of the country. The passengers included the former first lady, Shanil Dzimbiri, the ex-wife of former President Bakili Muluzi, and military officers. Pilot News earlier reported that the plane, a Malawi Defence Force aircraft,...

Malawi Scrambles to Locate Missing Vice President and 9 Others After Plane Vanishes

An aircraft carrying Malawi’s Vice President, Saulos Chilima, and nine others has gone missing, according to a statement from the president’s office. The Malawi Defence Force aircraft “went off the radar” after taking off from the capital, Lilongwe, on Monday morning. The plane was expected to land at Mzuzu International Airport, in the country’s north, at 10:02 a.m. local time. However, air traffic control instructed the pilot to turn around due to bad weather and...

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