News

The fuel shortage arose because marketers rejected the government’s demand to reduce prices

Nigerians may again experience shortages of fuel products as independent fuel marketers reject the Federal Government’s demand that they reduce fuel prices. Marketers have threatened to close fuel stations across the country if the government implements price controls in the country’s deregulated fuel market. This was a reaction to comments by the Minister of State for Petroleum Resources (Oil), Senator …

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FG cuts NAC tax on imported vehicles to reduce car prices

The Federal Government has approved a major reduction in the National Automotive Council (NAC) tax on imported vehicles, cutting the rate for new vehicles from 20% to 10% and for used vehicles from 15% to 5%, in a move that is expected to lower the cost of cars across Nigeria. The policy adjustment aims to ease the financial burden on …

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104 soldiers disappear with rifles after the terrorist raid in Borno

…. Army says missing troops are deserters weeks after ISWAP attack …The military orders a nationwide manhunt and freezes the accounts of affected personnel Daud Olatunji The Nigerian Army has declared 104 soldiers attached to the 162 Amphibious Battalions as deserters after they allegedly went missing with their service rifles following a deadly attack by suspected Islamic State West Africa …

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Earthquake in Venezuela leaves 680,000 children in need of help: UNICEF

Damage to hospitals, schools and water systems worsened the situation for affected families, many of whom are still displaced. Two earthquakes measuring 7.2 and 7.5 on the Richter scale left at least 1,430 people dead and 3,238 injured, according to the latest official count. More than 3,100 families were affected, while authorities continue to assess the damage and aftershocks still …

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CBN revokes permits of 46 MFBs (See full list)

The Central Bank of Nigeria (CBN) has revoked the operational licenses of 46 Microfinance Banks (MfB) with effect from July 1. This was contained in a statement issued by Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications Department of the apex bank, on Wednesday in Abuja. Sidi-Ali said the action was in accordance with the CBN’s powers under sections 12 and …

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Explanation: Why has the CCP remained vibrant after 105 years?

Since its founding 105 years ago, the Chinese Communist Party (CCP) has remained at the forefront of China’s transformation, leading the country through building itself into one of the world’s leading economic powers. Now, with more than 101 million members, the CCP is leading the country on a new journey towards modernization, building on decades of development. What has allowed …

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Sudan: UN welcomes expansion of vital aid corridor amid rising insecurity

Sudanese authorities announced on Monday that the Adre border crossing – which is important for the delivery of humanitarian aid to the Darfur and Kordofan regions – will remain available until September 30. “This will continue to enable us to deliver humanitarian assistance to those in need, despite ongoing insecurity,” UN Spokesperson Stéphane Dujarric said in New York. Clashes continue …

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The death toll from the earthquake in Venezuela surpassed 1,700 as the UN continues to step up its response

Venezuelan authorities confirmed this on Monday at least 1,719 people have died after the June 24 earthquake, with around 5,000 people injured. About 12,000 people have been displacedand officials have not confirmed the number of missing people. Read the latest news here. Survivors are still emerging In a press conference for correspondents in New York, the UN Resident and Humanitarian …

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Benue @50: A state in search of leadership

There’s an old saying that you can’t decorate a leaky roof while the house is on fire. Sadly, this seems to be the image that Benue State has presented to the nation on its fiftieth anniversary with pomp and pageantry, despite the enormous challenges facing its people. The event was great. President Bola Ahmed Tinubu was represented by his Chief …

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Rotary DG introduces AI-powered innovations, new clubs in seven states

Rotary International District 9127 is poised for a technology-driven transformation, with plans to institutionalize artificial intelligence, expand membership and strengthen accountability across the district, newly installed district governor Rotarian Engr. Sikiru Owonikoko, said. Speaking at the start of the new Rotary year and handover ceremony in Abuja on Wednesday, Owonikoko said his administration will prioritize building a disciplined, digitally enabled …

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