Hurricane Beryl Leaves Union Island Devastated: Residents Describe Widespread Destruction and Homelessness
After surviving the night as Hurricane Beryl ravaged Union Island with ferocious force, Katrina Coy was stunned by the devastation she witnessed. “Union Island is in a terrible state after Beryl passed. Literally, almost the whole island is homeless,” Coy said in a video message. She described how nearly every building on the island, part […]
SEC Chief Agama Advocates Innovation to Transform Nigerian Capital Market
Dr. Emomotimi Agama, Director-General of the Securities and Exchange Commission (SEC), emphasizes that innovative financial instruments can unlock opportunities, drive growth, and address socio-economic challenges. In an interview, Agama highlighted the importance of revolutionizing the Nigerian capital market through innovative investment mechanisms to achieve sustainable development. “From green bonds to social impact investing, derivatives to […]
APC’s Ayinde Urges Tinubu to Address Economic Crisis, Citing Kenya Protests
Oluyemisi Ayinde, a member of the All Progressives Congress (APC) in Lagos state, has urged President Bola Tinubu to take swift action to alleviate Nigeria’s economic hardships to avoid protests similar to those in Kenya. Kenyan protests erupted following a parliamentary move to raise taxes, leading to loss of lives and property destruction, despite President […]
Dangote Warns High Interest Rates Threaten Nigeria’s Economic Growth
Aliko Dangote, president of the Dangote Group, has raised concerns that the Central Bank of Nigeria’s (CBN) decision to increase interest rates to nearly 30 percent will stifle economic growth. Speaking on Tuesday at a three-day summit organized by the Manufacturers Association of Nigeria (MAN) in Abuja, Dangote highlighted the country’s struggle with “a very […]
Southeast Governors to Seek Nnamdi Kanu’s Release in Talks with Federal Government
The Southeast Governors’ Forum has announced plans to engage the Federal Government to secure the release of Nnamdi Kanu, leader of the Indigenous People of Biafra (IPOB). The resolution came during a meeting in Enugu hosted by Governor Peter Ndubuisi Mbah. In a communique issued after the meeting, the governors emphasized their commitment to addressing […]
Biden Criticizes Supreme Court Ruling Granting Trump Partial Immunity as ‘Dangerous Precedent
President Joe Biden has criticized a Supreme Court ruling granting former President Donald Trump partial immunity from criminal prosecution, calling it a “dangerous precedent.” He stated that the decision undermines the “rule of law” and constitutes “a terrible disservice” to Americans. In contrast, Trump celebrated the ruling as a “big win” for democracy. The Supreme […]
Devastating Hurricane Beryl Hits Caribbean: At Least One Dead, Thousands Without Power
At least one person has died following the landfall of Hurricane Beryl across several Caribbean countries. Thousands remain without power or are in temporary shelters in St Vincent and the Grenadines, Grenada, and St Lucia. Upgraded to a Category 5 storm, Hurricane Beryl is moving west toward Jamaica and is expected to reach southeastern Mexico […]
Palestinians flee Khan Younis as Israeli forces strike south Gaza
Palestinians have been fleeing districts to the east of Gaza’s second city of Khan Younis after Israel issued evacuation orders. Overnight and into the morning, witnesses reported multiple Israeli strikes in and around Khan Younis. A medical source and the Palestinian Red Crescent said eight people had been killed and more than 30 wounded. Patients […]
Nigerian Railway Corporation Generates N1.42 Billion from Passengers in Q1 2024
The Nigerian Railway Corporation (NRC) generated N1.42 billion in revenue from passengers in the first quarter of 2024, according to the National Bureau of Statistics (NBS). The NBS Rail Transportation Data for Q1 2024, released in Abuja on Monday, highlighted a significant 84.91% increase from the N768.44 million generated in the same period in 2023. […]
Court Dismisses Nnamdi Kanu’s ₦1 Billion Rights Violation Suit Against FG
Justice James Omotosho of the Federal High Court in Abuja has dismissed the human rights lawsuit filed by Nnamdi Kanu, the detained leader of the Indigenous People of Biafra (IPOB), against the Federal Government. Kanu had sought ₦1 billion in damages, claiming the Department of State Services (DSS) and its director general violated his rights. […]
