Nigeria’s Inflation Rate Soars to 33.69%

EconomyNewsNigeriaNigeria’s Inflation Rate Soars to 33.69%

By Ezinwanne Onwuka (Senior Reporter)May 15, 2024

Nigeria’s inflation rate has climbed to a new high of 33.69 per cent, according to data released by the National Bureau of Statistics, NBS, on Wednesday. This represents a significant increase from 33.20 per cent recorded in March 2024. The rise in inflation is attributed to soaring prices of food and non-alcoholic beverages. The year-on-year comparison paints a grim picture as well, with April 2024’s inflation rate being 11.47 percentage points higher compared to April...

CONTINUE READING
Kano Mosque Explosion Claims Life, Leaves 24 Injured

NewsNigeriaKano Mosque Explosion Claims Life, Leaves 24 Injured

By Ezinwanne Onwuka (Senior Reporter)May 15, 2024

A heartbreaking incident occurred in Kano, Nigeria, on Wednesday, 15th May 2024. An explosion ripped through a mosque in Gadan village during the early morning prayers, leaving a trail of devastation. One worshipper tragically lost his life in the blast with at least 24 worshippers, including four children, injured. While initial reports suggested a potential terrorist attack, Kano State Police spokesperson, Abdullahi Haruna, revealed a different narrative. “Forensic analysis at this preliminary stage revealed a...

CONTINUE READING
Nigerian Striker Victor Boniface Takes Home Bundesliga “Rookie of the Season” Award

NewsNigeriaSoccerSportsNigerian Striker Victor Boniface Takes Home Bundesliga “Rookie of the Season” Award

By Ezinwanne Onwuka (Senior Reporter)May 15, 2024

Nigerian football fans are celebrating after Victor Boniface, the 23-year-old striker for Bayer Leverkusen, secured the coveted Bundesliga “Rookie of the Season” award. This recognition marks a phenomenal debut season for Boniface, who arrived at the German club from FK Bodø/Glimt in the summer of 2023. Boniface’s impact on the league was undeniable. He quickly established himself as a key player for Bayer Leverkusen, earning the moniker “The Bull” for his powerful playing style. His...

CONTINUE READING
Media Practitioners Trains On Accountability, Inclusive Reporting

NewsNigeriaPoliticsMedia Practitioners Trains On Accountability, Inclusive Reporting

Hassan Umar Shallpella (Regional Correspondent)May 15, 2024

Gender Strategy Advancement International, GSAI, a non-governmental organization has trained media practitioners on gender accountability and inclusive reporting to promote women’s involvement in critical sectors of society. The training examined accountability issues related to women’s participation in the economy, politics, governance, and fostering inclusive economic development was organized in collaboration with the MacArthur Foundation and the Wole Soyinka Center for Investigative Journalism with twenty reporters and editors in attendance. Dr. Adaora Onyechere Sydney, Executive Director...

CONTINUE READING
NGO Advocates For Prosecution Of Electoral Culprits In 2023 Elections

NewsNigeriaPoliticsNGO Advocates For Prosecution Of Electoral Culprits In 2023 Elections

Hassan Umar Shallpella (Regional Correspondent)May 15, 2024

Global Rights, a nongovernmental organization, has advocated for prosecuting perpetrators of electoral atrocities in the 2023 General Elections. The organization appealed while launching a detailed report, titled: “In Pursuit of Justice: Forensic Insights into Election Atrocities,” a forensic analysis of documented cases and perpetrators in the last general elections. The document was unveiled at a national dialogue in Abuja by Global Rights in collaboration with the Incident Centre for Election Atrocities (ICEA). In her opening remarks, Abiodun...

CONTINUE READING
Immigration Boss Makes Case For Maintaining Secrecy To Safeguard Troops

NewsNigeriaPoliticsImmigration Boss Makes Case For Maintaining Secrecy To Safeguard Troops

Hassan Umar Shallpella (Regional Correspondent)May 15, 2024

Kemi Nandap, Controller General of the Nigerian Immigration Service (NIS) has stressed the need for maintaining secrecy in planning and executing operations to safeguard troops during security operations. Nandap, stated this at the opening of the ongoing Leadership Course in Operations Security and Force Protection organized by the Nigerian Army Resource Centre (NARC) in Abuja, noted the critical nature of keeping adversaries uninformed in today’s complex security landscape. Represented by George Didel, Deputy Comptroller General in...

CONTINUE READING
Multiple Explosion Smashes Gas Facility In Bayelsa

NewsNigeriaMultiple Explosion Smashes Gas Facility In Bayelsa

Hassan Umar Shallpella (Regional Correspondent)May 15, 2024

A gas processing plant operated by Shell Petroleum Development Company of Nigeria (SPDC) at Gbarain, Yenagoa Local Government Area of Bayelsa was on Tuesday hit by multiple explosions. It was gathered that the explosion occurred on a pipeline that feeds the Nigerian Liquified Natural Gas (NLNG) export terminal in Bonny Island, Rivers. Mr Jessie David, a resident of the area told newsmen that the explosion was traced to a pipeline attacked by suspected vandals which...

CONTINUE READING
Forex Crisis: SEC Promises To Cooperate With EFCC

BusinessNewsNigeriaForex Crisis: SEC Promises To Cooperate With EFCC

Uzoamaka Ikezue (Staff Reporter)May 14, 2024

The Securities and Exchange Commission has promised to cooperate with the Economic and Financial Crimes Commission (EFCC) to ensure that trading manipulations are reduced in the virtual space. Dr. Emomotimi Agama, Acting Director General of SEC disclosed this on Tuesday when he received a team from the EFCC led by the Executive Chairman Mr. Ola Olukoyede in Abuja. Agama stated that as apex regulator of the capital market, the SEC is ready to co-operate with...

CONTINUE READING
2027: NCFront SetTo Launch Broad Committee To Facilitate New Mega Movement

NewsNigeriaPolitics2027: NCFront SetTo Launch Broad Committee To Facilitate New Mega Movement

Uzoamaka Ikezue (Staff Reporter)May 14, 2024

…Commends Peter Obi’s Move To Rally Opposition Leaders The National Consultative Front (NCFront), a major political consortium of leading opposition forces in Nigeria led by Prof Pat Utomi is set to launch a broad committee to facilitate a new mega movement formation ahead of 2027 general elections The group, which   commended Mr. Peter Obi, the presidential candidate of the Labour Party in 2023, for his deft political moves to rally leading opposition leaders in the...

CONTINUE READING
Facts About 100 Billion Naira Deal Signed By Enugu State Governor

NewsNigeriaPoliticsFacts About 100 Billion Naira Deal Signed By Enugu State Governor

Ije Ulasi (Regional Correspondent)May 14, 2024

In line with the campaign promises of the Enugu State Governor to convert the state’s dormant assets to productive assets and grow the state’s economy to $30bn through private sector investments, Dr. Peter Ndubuisi Mbah on Thursday, May 9, 2024, signed a hundred-billion-naira partnership between the Enugu State Government and Pragmatic Palms Ltd., a subsidiary of Diamond Stripes Ltd. The partnership agreement is to revive the Enugu State United Palm Products Ltd., UPPL which has...

CONTINUE READING

Newer Posts

Older Posts

WP2Social Auto Publish Powered By : XYZScripts.com