Dangote Group President Aliko Dangote says Nigeria has no direct role in the Middle East conflict but will still feel its impact due to deep global economic interdependence. Dangote also warned that the war in the Middle East driving global oil volatility could have far-reaching consequences for Nigeria and African economies. The business mogul said this after a courtesy visit …
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Dozens of people are feared dead when a Colombian military plane crashes on takeoff
A military transport plane carrying a number of soldiers crashed shortly after taking off in Colombia, and authorities fear heavy casualties despite ongoing rescue efforts. The plane, identified as a Hercules transport plane, crashed on Monday shortly after departing from Puerto Leguizamo, near Colombia’s southern border with Ecuador. Officials said at least 80 people were on board the plane at …
Read More »PDP tensions peaked when Wike criticized Makinde at the NEC meeting
A new rift within the Peoples Democratic Party (PDP) surfaced on Monday evening when the Minister of the Federal Capital Territory, Nyesom Wike, launched a scathing attack on the Oyo State Governor, Seyi Makinde, and accused him of political confrontation beyond his capacity. Wike, who was speaking at the party’s 107th National Executive Committee (NEC) meeting, openly derided Makinde’s approach …
Read More »NAWOJ and SALTi push for the inclusion of women in leadership
Stakeholders have called for greater representation of women in Nigeria’s leadership and decision-making spaces, stressing that the country cannot achieve meaningful development while women remain largely excluded. The call was made during the SALTi Conversation Series organized by the Strategic Action for Leadership Trust Initiative (SALTi) in collaboration with the Nigerian Association of Women Journalists (NAWOJ), Zone D, on the …
Read More »UK confronts Iran, summons ambassador over ‘destabilising’ activities
The Foreign, Commonwealth & Development Office has summoned Iran’s ambassador to London, SEED Ali Mousavi, in a sharp diplomatic move over what it described as Tehran’s “reckless and destabilizing actions” both in the UK and internationally. According to a statement issued on Monday, the action follows recent security developments involving individuals accused of acting on behalf of Iran’s intelligence services. …
Read More »The naira slumped against the dollar in the official market, shedding N34.48
Nigeria’s currency, the naira, slumped against the US dollar at the official window on Monday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,353.90/$1, compared with N1,353.90/$1 on Wednesday. This represents a loss of N34.48 for the local currency against the American dollar. On the black market, the Nigerian currency rose N10 against …
Read More »Many feared death as the blast tears through the Kwara community
A bomb blast occurred early Monday morning in Woro, Kaiama Local Government of Kwara State, raising fresh security concerns in the area. The number of victims has yet to be confirmed, with many feared dead. Authorities were still assessing the situation at the time of writing. 20-year-old boy kills his mother because she refused to give him a bath The …
Read More »Leader of the Zamfara Assembly, 12 PDP MPs crossed over to APC after Government defection
A major political shift has occurred in Zamfara State as the Speaker of the House of Assembly, Bilyaminu Moriki, along with 12 members of parliament, officially announced their defection from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). The announcement was made at a plenary session in Gusau on Monday, where the Speaker submitted a letter of …
Read More »Tinubu to governors: prepare for soaring inflation, protect vulnerable Nigerians
…He says the crisis in the Middle East could worsen fuel and transportation costs …instructs governments to implement citizen-centric interventions Daud Olatunji President Bola Tinubu has warned state governors that the ongoing crisis in the Middle East could trigger a new wave of inflation in Nigeria, urging them to introduce further incentives to cushion the impact on citizens. Tinubu gave …
Read More »18 Osun MPs to disband Accord Party amid leadership crisis and court battle
Fresh political uncertainty has emerged in Osun State as no fewer than 18 lawmakers from the State House of Assembly are reported to be disbanding the Accord Party, just months after defecting from the Peoples Democratic Party (PDP). In a release signed by Yusuf Adegboye, Secretary of the Accord Libration Movement of the Osun Accord party on Monday, the planned …
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