Category: News
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Nigeria’s external debt may rise to $45.1bn by the end of 2024 as the Federal Government advances plans to secure additional external funding. The Debt Management Office revealed in its latest report that the country’s external debt stock increased by $780m in the second quarter of 2024, growing from $42.12bn in March to $42.9bn as…
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Nigeria’s representative, Chidimma Adetshina, has finished as the first runner-up at the 73rd Miss Universe Competition held in Mexico. The final moments of the prestigious event, announced early Sunday morning, saw an electrifying face-off between Nigeria and Denmark, as the two women stood poised to claim the crown. The competition, described as one of the…
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One of the wildest spectacles in recent sports history came to an end Friday night. Jake Paul beat Mike Tyson by unanimous decision in a fight livestreamed by Netflix and held in front of more than 70,000 spectators at AT&T Stadium. The heavyweight boxing matchup followed a sometimes zany build-up to an unlikely bout: the…
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•Food sector stakeholders score policies low The latest outlook report of the International Monetary Fund, IMF, for sub-Sahara Africa has indicated that the broad-based economic reforms embarked upon by the current federal government are still struggling for a positive impact, 18 months after commencement. Also, stakeholders in the food sector have indicated that the reforms…
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Engr. Augustine Uchenna Stephen, a former aide to Dr. Okezie Ikpeazu, the immediate past governor of Abia State, has been kidnapped by gunmen, ABN TV reports. According to sources, the kidnapping occurred on Thursday evening while Stephen was driving home from work. The assailants ambushed him, pointed a gun at him, and forcibly took him…
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The founder of the Silverbird Group, Ben Murray-Bruce, has narrated how his South African partner defrauded him of $3.5 million on the purchase of a cinema complex in Kenya. Though he did not mention his partner’s name, he recalled that by making a bank transfer of the said sum, the South African registered the business…
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The Edo State Governor, Senator Monday Okpebholo, has approved the appointment of six more persons to serve in various capacities in his government. Those appointed include Dr. Emmanuel Paddy lyamu as the Executive Chairman of the State Universal Basic Education Board (SUBEB); Lucky Enehita-Inegbenehi as the Managing Director of the State Waste Management Board; and…
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Justice Ayokunle Faji of the Federal High Court in Lagos has ordered an accelerated trial of the four bloggers charged with defaming and cyberstalking the management of GTCO (Guaranty Trust Holding Company), including its Group CEO, Mr. Segun Agbaje. The four accused—Precious Eze, Olawale Rotimi, Rowland Olonishuwa, and Seun Odunlami—are facing 10 amended charges for…
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A middle-aged tricycle operator, Nnamdi Nnebe, has been arrested for allegedly stabbing his elder brother’s wife at Umuokpu Awka in Awka South Local Government Area of Anambra State. It was gathered that the incident occurred a few days ago after a heated argument between the duo over the tricycle parking. Security operatives arrested the suspect…
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The Edo State Police Command, On Friday, paraded 23 suspects for alleged involvement in various crimes across the State. DAILY POST reports that the Commissioner in charge of the Command, Umoru Ozigi who paraded the suspects said they were arrested for alleged cultism and kidnapping Ozigi said of the 23 suspects, 19 were arrested for…