Nigerian Air Force Strikes Kill Terrorists, Destroy Food Depot in Lake Chad Basin

National SecurityNewsNigeriaNigerian Air Force Strikes Kill Terrorists, Destroy Food Depot in Lake Chad Basin

By Ezinwanne Onwuka (Senior Reporter)November 26, 2024

Nigerian Air Force (NAF) jets have conducted airstrikes in the Tumbuns area of the Lake Chad Basin, killing terrorists and destroying a food storage facility. NAF spokesman Air Commodore Olusola Akinboyewa announced the operation’s success in a statement on Monday, saying it was conducted on November 23 after detailed Intelligence, Surveillance, and Reconnaissance (ISR) missions. “This strategic location, identified through meticulous intelligence efforts, served as a critical food storage site and a sanctuary for terrorist...

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Nigeria’s GDP Grows by 3.46% in Q3 2024

BusinessEconomyNewsNigeriaNigeria’s GDP Grows by 3.46% in Q3 2024

By Ezinwanne Onwuka (Senior Reporter)November 26, 2024

Nigeria’s economy grew by 3.46 percent in Gross Domestic Product (GDP) in the third quarter (Q3) of 2024, up from 3.19 percent in Q2 2024, the National Bureau of Statistics (NBS) reported. This marked an improvement from 2.54 percent in Q3 2023. “In the quarter under review, aggregate GDP at basic price stood at N71.13 trillion ($42.15 billion) in nominal terms,” the NBS stated, noting a year-on-year growth of 17.26 percent compared to N60.66 trillion...

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Nigeria’s Unemployment Rate Drops to 4.3% in second quarter, 2024

EconomyNewsNigeriaNigeria’s Unemployment Rate Drops to 4.3% in second quarter, 2024

By Ezinwanne Onwuka (Senior Reporter)November 25, 2024

…GDP Grows by 3.46% Nigeria’s unemployment rate has decreased to 4.3 per cent in the second quarter (Q2) of 2024, showing a reduction from 5.3 per cent in Q1 2024, according to the latest report by the National Bureau of Statistics, NBS. The report, released on Monday, also indicated a slight increase in unemployment compared to 4.2 per cent recorded in Q2 2023. The report shows that male unemployment stood at 3.4 per cent, while...

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Ganduje Approves Draft Content For Proposed National Youth Conference

NewsNigeriaPoliticsGanduje Approves Draft Content For Proposed National Youth Conference

Uzoamaka Ikezue (Staff Reporter)November 24, 2024

Abdullahi Umar Ganduje, the National Chairman of the ruling All Progressives Congress (APC) has approved the draft content for the proposed National Conference on Skills Acquisition and Youth Empowerment, developed by the party’s Think Tank, The Progressive Institute (TPI) in Abuja. It will be recalled that Ganduje was at TPI on Thursday where he discussed the proposed conference with the institute’s management. A press statement on Sunday signed by Wale Abideen, Head of Media and...

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PDP Chieftain Charges ACF To Join Nigerians Reject APC In 2027

NewsNigeriaPoliticsPDP Chieftain Charges ACF To Join Nigerians Reject APC In 2027

Uzoamaka Ikezue (Staff Reporter)November 24, 2024

Dr. Adetokunbo Pearse, a chieftain of the Peoples Democratic Party (PDP) and convener Reset Lagos PDP, has charged the Arewa Consultative Forum (ACF) to join other Nigerians in 2027 to reject 12 years of the All Progressives Congress (APC) abysmal administration. Pearse, a member of the PDP National Presidential Campaign Council, 2023, had in an interview on Sunday stressed that notwithstanding, the argument of the ACF that Tinubu, a Yoruba has failed them, the argument...

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PANDEF Hails Tinubu Over Release Of Rivers Statutory Allocation

NewsNigeriaPoliticsPANDEF Hails Tinubu Over Release Of Rivers Statutory Allocation

Uzoamaka Ikezue (Staff Reporter)November 24, 2024

The South South apex socio-political body, Pan Niger Delta Forum (PANDEF) has praised President Bola Ahmed led Federal Government over the release of the statutory allocation due to Rivers State. A release made available to journalists on Sunday by Chief (Dr.) Obiuwevbi Ominimini, spokesman of PANDEF, noted that the commendation came when the National Chairman of the body, Amb. Godknows Igali met with newsmen at Uyo airport on Saturday. Ominimini stated that the PANDEF boss,...

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Troops Recover 80,000 Litres Stolen Crude, After Crackdown On Economic Saboteurs 

Crime & SecurityNewsNigeriaTroops Recover 80,000 Litres Stolen Crude, After Crackdown On Economic Saboteurs 

Uzoamaka Ikezue (Staff Reporter)November 24, 2024

Troops of the 6 Division, Nigerian Army, working closely with other security agencies cracked down on economic saboteurs, recovering 80,000 litres of stolen crude. A press statement on Sunday signed by the Acting Deputy Director, 6 Division Army Public Relations, Lieutenant Colonel Danjuma Jonah Danjuma, stated that the troops in several operations between November 18 and 24 November 2024, achieved desirable results across its joint operations area. Danjuma said: “In deliberate operations conducted in Buguma Creeks...

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Senate Denies Allegation Of Not Participating In Ifeanyi Ubah’s Burial

NewsNigeriaPoliticsSenate Denies Allegation Of Not Participating In Ifeanyi Ubah’s Burial

Uzoamaka Ikezue (Staff Reporter)November 24, 2024

The Nigerian Senate has denied recent reports about failing to play a role in the burial of its late colleague, Ifeanyi Ubah, A press statement on Sunday by the chairman, Senate Committee on Media and Publicity, Yemi Adaramodu, stated that contrary to insinuations in some misinformed quarters, the Senate accorded Senator Ubah all honours and rites as a sitting member of the Senate before his burial in Nnewi on Friday. The statement added, “For the...

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Tinubu Taps Lt. Gen. Oluyede for Army Leadership, Awaits Assembly Approval

NewsNigeriaPoliticsTinubu Taps Lt. Gen. Oluyede for Army Leadership, Awaits Assembly Approval

By Ezinwanne Onwuka (Senior Reporter)November 24, 2024

President Bola Tinubu has written to the National Assembly seeking the confirmation of Lieutenant General Olufemi Olatubosun Oluyede as the substantive Chief of Army Staff, COAS. According to presidential spokesperson Bayo Onanuga, the President sent separate letters to the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, on Friday. The request aligns with the provisions of Section 218(2) of the 1999 Constitution (as amended) and Section 18(1) of the...

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Nigeria Saves $20 Billion Through Fuel Subsidy Removal

NewsNigeriaPoliticsNigeria Saves $20 Billion Through Fuel Subsidy Removal

By Ezinwanne Onwuka (Senior Reporter)November 24, 2024

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed that the federal government’s implementation of market-based pricing for premium motor spirit (petrol) and foreign exchange has saved Nigeria approximately $20 billion or five per cent of its Gross Domestic Product as of 2 October 2024. Edun made this known on Friday during the validation of federal civil service policies and guidelines, an event marking the first 100 days in office...

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