Category: News
Dollars Crashed but Food Prices Haven’t – Unraveling the Economic Puzzle
In recent weeks, the Nigerian Naira has witnessed a significant gain against the dollar, trading at around N1250 to a dollar, marking a notable 35% drop from its previous tumultuous period at N1900 in the black market. This commendable appreciation is attributed to the concerted efforts by the Central Bank of Nigeria (CBN), spearheaded by…
Historic Moment: Bassirou Faye Inaugurated as Senegal’s Youngest President
In a historic turn of events, Bassirou Diomaye Faye, a prominent left-winger, has been sworn in as the youngest president of Senegal. Faye’s ascension to the presidency comes after a resounding victory in the first round of elections, just 10 days following his release from prison. Amidst a gathering of dignitaries, including several African heads…
Hon. Abiola Makinde Leads Unveiling and Groundbreaking Ceremony of Ekiwood Movie Village: A Game-Changer in Ondo’s Entertainment Sphere
Ondo State witnessed a historic moment as Hon. Chief Abiola Makinde PhD, the Atunluse of Ondo Kingdom and a distinguished member of the House of Representatives, broke new ground in the entertainment industry with the unveiling and groundbreaking ceremony of Ekiwood Movie Village. This groundbreaking initiative not only marks a significant milestone in Hon. Makinde’s…
Electricity Distribution Companies Generate N1 Trillion Amidst Metering Challenges
Despite facing significant challenges in power supply and metering, electricity distribution companies (DisCos) in Nigeria have reported a staggering revenue of N1 trillion. This revelation comes as millions of customers across the country continue to lack access to meters, exacerbating the issues surrounding billing accuracy and transparency. According to the latest figures released by the…
Hon. Waliu Owode Attends 72nd Oke Parapo Day Anniversary as Chairman of the Day
On a day steeped in tradition and community spirit, Hon. Waliu Owode, the esteemed representative of the people of Ijebu East, was honored to serve as the Chairman of the Day at the 72nd Oke Parapo Day anniversary celebration. The event, held to commemorate the rich history and cultural heritage of the Oke Parapo community,…
Federal Government Vows to Overhaul Power Sector for Long-Term Solutions
The Federal Government has reiterated its commitment to resolving the longstanding challenges plaguing the power sector, with a focus on implementing sustainable solutions for lasting impact. Adebayo Adelabu, the Minister of Power, underscored this commitment during a press briefing following a meeting with All Progressives Congress (APC) members at the Oyo State party headquarters in…
FG Pledges Support for Nigerian Airlines Amidst International Challenges, Affirms Festus Keyamo
In a resounding affirmation of the government’s unwavering support for Nigerian airlines, the Minister of Aviation and Aerospace Development, Festus Keyamo, has declared the commitment to bolstering domestic carriers in their international operations. Addressing concerns and challenges hindering the growth of Nigerian airlines, the Minister outlined strategic measures aimed at facilitating long-term aircraft leases and…
Violence Erupts in Angwa Rukuba-Etoo Baba Community, Jos: Farmer’s Residence Set Ablaze
Tension and chaos gripped the Angwa Rukuba-Etoo Baba community in Jos, Plateau State, as a group of enraged young individuals reportedly took matters into their own hands on Tuesday morning, setting fire to a farmer’s residence and poultry farm. According to eyewitnesses, the group of youths first targeted the farmer’s residence, setting it ablaze in…