The United States has classified the leader of the Islamic Movement of Nigeria, Sheikh Ibrahim El-Zakzaky, and his wife, Zeenah, as political prisoners. This is according to the 2020 Country Reports on Human Rights Practices issued by the US State Department on Tuesday. The report read in part, “Political...
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Myanmar troops fired at anti-coup protesters on Wednesday killing at least five people and wounding several as activists defied a bloody crackdown and internet blockade by the ruling junta, media said. More than 580 people have been killedin the turmoil in Myanmar since a Feb. 1, coup that ended...
Forbes has released its annual list of billionaires with Amazon founder Jeff Bezos topping it for the fourth consecutive year. The 57-year-old’s worth increased to $177 billion, up to $64 billion from a year ago as a result of a spike in Amazon shares, the media company said on...
Master Warrant Officer, Sa’idu Afaka, the official driver of President Muhammadu Buhari, is dead. According to a statement from the presidency, Afaka died at the State House Clinic on Tuesday. Malam Garba Shehu, Senior Special Assistant to The President on Media And Publicity, said his principal has commiserated with...
The Former President of Nigeria, Olusegun Obasanjo, has attributed the rot in Nigeria’s Local Government System to the military rule and politicians. Obasanjo said the rot started with the military heads who wanted to have local government councils in their respective areas, adding that the political class took the...
The Comptroller-General of the Nigeria Customs Service (NCS), Strike Force Unit, said it raised debit notes worth N1 billion from importers and shippers in the first quarter of the year. The service also said smugglers now make use of cattle, camels, vehicles fuel compartments, used tyres, and booths to...
The International Monetary Fund (IMF) has raised Nigeria’s growth forecast for 2021 to 2.5 per cent from 1.5 per cent earlier announced in January. IMF disclosed this in its World Economic Outlook for April with the theme ‘Managing divergent recoveries’, which was released on Tuesday. The report also projected...
The Debt Management Office (DMO) has called on application for subscription into the Federal Government’s Savings Bond. In a statement on its website, DMO said the bond would be held by subscribers for two and three years and would yield 5.522 percent and 6.522% per annum respectively. It stated...
*Says Govt will further strengthen security By BARBARA KALU, Imo- Nigerians must come together and reject the agents of anarchy seeking to cause chaos for their own selfish interests, especially as there are many more who are working tirelessly to build up the country’s system and to enhance it,...
We woke up last Monday to hear that “unknown gunmen” in a guerrilla style operation, had attacked the Imo State Police Command Headquarters and the Owerri Correctional Prison, raized scores of vehicles there, and freed detained inmates in their various facilities numbering about 1,800. We were thrown aback, overawed,...
Four members of the Anglican Church of Zaria Diocese have been reportedly kidnapped by bandits along the Kachia-Kaduna Road in Kajuru Local Government Area (LGA) of Kaduna State. The incident was said to have occurred in the early hours of Tuesday when the bandits barricaded the road and opened...
Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, with analysts attributing the surge to brisk sales of smartphones and TVs, albeit tempered by a likely fall in chip earnings after a storm halted U.S. output. The South Korean technology giant forecast January-March operating profit of...
The current inflows into cryptocurrency funds and products hit a record $4.5 billion in the first quarter, suggesting increased institutional participation in the once-maligned sector, data from digital currency manager Coinshares showed on Tuesday. The first quarter inflows represented an 11% increase from the last three months of 2020,...
Dangote Industries Limited has reiterated its commitment towards partnering various tiers of Governments in the country, in building sustainable and inclusive economy for the benefit all Nigerians. This is just as the company announced its partnership with the Ogun State Chamber of Commerce and Industry (OGUNCCIMA) for the 10th...
By TENEBE ANTHONIA, Lagos- In preparation for the launch of the Exchange Traded Derivatives (ETDs) Market, Nigerian Exchange (NGX) Limited has continues to embark on capacity building exercises for capital market stakeholders. In collaboration with NG Clearing (NGCL) Limited – the Central Counterparty Clearing System for the NGX derivatives...
Orders the construction of additional 500 houses– By SADIQ ABUBAKAR, Maiduguri- Borno State Governor, Professor Babagana Umara Zulum was in Bama local government area on Tuesday evening to assess needs and monitor developmental efforts. Governor Zulum, during the visit, ordered the immediate construction of 500 houses in Nguro Soye,...
Gunmen have razed another Police station in Imo State few hours after Vice President Prof. Yemi Osinbajo and outgoing Inspector General of Police (IGP), Muhammed Adamu left Owerri, the State capital. The gunmen burnt Ehime Mbano Local Government Area Divisional Police Headquarters shortly after they left. It was gathered...
ARMSTRONG ALLAHMAGANI, Bauchi- The Former President of Nigeria, Goodluck Jonathan has commissioned a 6.25 kilometer road along Sabon Kaura – Jos bypass which was named after him in Bauchi State. The road, which was named Dr. Goodluck Ebele Jonathan Drive, was constructed by the Bauchi State Government at the...
Gunmen suspected to be bandits have shot dead two Mobile Police officers in Taraba state. The officers were shot dead on Monday night at a checkpoint in Dogon-Gawa community located in Takum Local Government Area of Taraba State. The checkpoint is located on the highway linking Takum Local Government...