News

In a development that further worsens the economic plight of Nigerians, the prices of staple foods such as beans, yams, tomatoes, potatoes and others have increased by more than 250 percent between June 2023 and June 2024. This is according to the June Selected Foods report released by the National Bureau of Statistics (NBS) on Wednesday, July 24, 2024, in …

The massive building collapse that occurred at Arowojobe Estate in Maryland, Lagos State, has led to the deaths of three workers on site. The Lagos State Emergency Management Agency (LASEMA) confirmed the incident in a statement released to the News Agency of Nigeria (NAN), on Thursday. According to LASEMA Permanent Secretary, Olufemi Oke-Osanyintolu, the agency received a distress call at …

Former US President Donald Trump on Wednesday launched a blistering attack on Democratic presidential nominee Kamala Harris, calling her a “left-wing extremist” and the “ultraliberal driving force” behind Joe Biden’s policies. At a campaign rally in Charlotte, North Carolina, Trump claimed Harris would be the most left-leaning president “times 10” if elected. Trump has criticized Harris’ record on abortion and …

President Bola Tinubu has called on all security agencies to desist from inter-agency rivalries and work together effectively to combat criminal elements and activities plaguing the country. Speaking through the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, at the inauguration of the Nigeria Police National Cybercrime Centre in Abuja on Wednesday, Tinubu stressed the urgency of unity against …

Nigeria’s currency, the naira, fell again against the US dollar on Wednesday, July 24, 2024. The local currency weakened by N38 to trade at N1,586/$1, data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) showed. This is in contrast to the exchange rate of N1.548/$1 traded on Tuesday, July 23, 2024. The intraday high and low prices recorded during the …

The Katsina State government has set up a seven-member panel to investigate allegations of torture by personnel of the state Hisbah Board. This follows the emergence of videos showing council personnel torturing a number of people in the state. Secretary to the State Government, Abdullahi Garba-Faskari, said in a statement on Wednesday that the decision followed complaints received by the …

President Bola Tinubu on Wednesday formally received former Senate President, Anyim Pius Anyim at the All Progressives Congress (APC). Anyim, a former Secretary to the Government of the Federation, left the Peoples Democratic Party (PDP) for the APC alongside the party’s governorship candidate in Ebonyi State, Obinna Ogba, on July 13. Imo State Governor Hope Uzodinma and his Ebonyi State …

For the second straight day, investors in the Nigerian equity market lost N68 billion at the close of trading on Wednesday. This follows the decline in share prices of stocks such as NSLTECH, RT BRISCOE, and UBA among others on the trading floor today. After five hours of trading in the capital market, equity capitalization plunged to N56.8 trillion from …

Governors of 36 states on Wednesday met in Abuja to discuss the latest financial autonomy granted to local councils by the Supreme Court. They also discussed a new national minimum wage of N70,000. Other issues discussed at the meeting were the United Nations General Assembly; State Contribution and Shareholders’ Rights in the Benin Electricity Distribution Company (BEDC). The governors also …

The National Working Committee (NWC) of the All Progressives Congress (APC) has appealed to Nigerians to shun planned protests against the Federal Government. A group of Nigerians have planned a nationwide protest titled: “End Bad Governance” from August 1 to 10 to air their grievances over alleged corruption, insecurity and other problems in the country. APC National Secretary, Senator Surajudeen …