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The International Monetary Fund (IMF) said global debt increased to $235 trillion in 2022, which is 238 percent of the global gross domestic product reported last year. IMF said the United States and China accounted for a combined $117.5 trillion in debt, representing 50 percent of the global debt. The financial organisation disclosed this in a report titled; ‘Global Debt …

One person died and another sustained injury in an auto crash along the Owode-Idiroko Road in Ogun State on Friday. The South-West Area Commander of the Ogun Traffic Compliance and Enforcement Corps (TRACE), Adekunle Ajibade told journalists on Saturday in Ota that a Mercedes Benz truck and a Bajaj motorcycle were involved in the crash. He added that two other …

The Ondo State chapter of the Peoples Democratic Party {PDP} has lambasted the ruling All Progressives Congress {APC} for the hardship Nigerians are going through. The party also said that Nigerians who voted for President Bola Tinubu, are now regretting wasting their votes. Ondo State PDP chairman, Fatai Adams, said this in a statement issued and signed by the party’s …

Naira Marley, boss of Marlians Records has been in the news since the death of Mohbad, a former signer broke out on Tuesday, 12th September. In the wake of these fracas, a video has surfaced that shows fans of Mohbad men mounting and causing havoc at Naira Marley’s residence at Lekki in Nigeria. Like this: Like Loading… Related Previous articleASUU …

●Former president says it’s deliberately filed during political campaign Former U.S. President Donald Trump on Tuesday called an indictment approved by a Fulton County grand jury in the U.S. state of Georgia “rigged”. Trump added that it was deliberately presented in the midst of his political campaign and that the move was a “witch hunt.” On Monday night, the Fulton …

Tragedy struck on Monday when gunmen invaded the BECO Comprehensive High School, Kwi in Riyom Local Government Area of Plateau State, killing two teachers, who were a newly wedded couple. The gunmen, who invaded the school while teachers were having a meeting, also injured the Vice-Principal of the School. The Police Public Relations Officer in Plateau, DSP Alfred Alabo, who confirmed …

Anambra State Government has invited the leadership of Independent Petroleum Marketers Association of Nigeria (IPMAN) for a meeting over the claim of over N900 million debt to contractors who supplied diesel. The Anambra State Commissioner for Local Government, Chieftaincy and Community Affairs, TonyCollins Nwabunwanne, made the summon while reacting to the association’s letter of appeal on Thursday, September 14, 2023. …

The Sokoto State chapter of the Peoples Democratic Party (PDP) has accused the state governor, Ahmed Aliyu of the All Progressives Congress (APC) of reckless spending. The state government, however, described the party’s statement as shameless propaganda. The PDP, in a statement made available to newsmen in the state, by its Publicity Secretary, Hassan Sayinnawal, on Saturday, alleged that the …

The Defence Headquarters (DHQ) says Nigerian Army troops successfully eliminated 151 terrorists, arrested over 456 other criminal elements and recovered caches of sophisticated weapons in various operations across the country in the last two weeks. This was disclosed by the Director, Defence Media Operations, Maj.-Gen. Edward Buba, at a press briefing on Thursday in Abuja while giving updates on military …

The Nigerian Electricity Regulatory Commission (NERC) said on Wednesday the Federal Government paid N135.23 billion to subsidise electricity consumption in the second quarter of this year. The commission disclosed this in its Q2 2023 report posted on its website in Abuja. NERC said the federal government spent N135.2 billion to plug the revenue shortfall in the power sector during the …