Nigeria Loses 91% Mining Revenue To Illegal Activities
According to reports, Nigeria has encountered a significant setback, losing 91% of its mining sector revenue due to illegal mining activities. Mohamed Tunis, the Speaker of the Economic Community of West African States Parliament, unveiled this distressing statistic during the inauguration of a three-day seminar titled “Illegal mining and its implications in the ECOWAS Region.” […]
Terrorists Kidnap 55 Persons In Katsina Wedding Escort
In a shocking incident, at least 55 people were abducted by a terrorist gang while escorting a bride through Damari town in Sabuwa Local Government Area of Katsina State. Katsina, usually referred to as Katsina State to distinguish it from the city of Katsina, is a state in North West zone of Nigeria. The attack […]
Dollar/Naira: Finance Minister, CBN Governor, EFCC Chairman, Holds Talks To Stabilize Naira
In an effort to address the ongoing challenges faced by the naira against the dollar, Finance Minister and Coordinating Minister for the Economy, Wale Edun, convened a meeting with Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede. The purpose of the meeting, held […]
Joshua Schulte: Former CIA Hacker Sentenced To 40 Years In Prison
A former CIA officer has been sentenced to 40 years in prison for leaking a trove of classified hacking tools to whistle-blowing platform Wikileaks. Joshua Schulte was also found guilty of possessing child abuse images. Prosecutors have accused him of leaking the CIA’s “Vault 7” tools, which allow intelligence officers to hack smartphones and use […]
US Sanctions Israeli Settlers Over West Bank Violence
US President Joe Biden has approved sanctions on four Israeli settlers accused of attacking Palestinians in the occupied West Bank. Mr Biden signed a broad executive order, saying violence in the West Bank had reached “intolerable levels”. The sanctions block the individuals from accessing all US property, assets and the American financial system. Violence in […]
Nairobi Fire: Gas Blast In Kenyan Capital Kills Three And Injures Nearly 300
A huge gas blast in the Kenyan capital, Nairobi, has killed at least three people and injured nearly 300. A lorry carrying gas exploded in Embakasi district at about 23:30 (20:30 GMT), “igniting a huge ball of fire”, a government spokesperson said. Housing, businesses and cars were damaged, with video showing a huge blaze raging […]
Abductors Demand N10m Ransom Each For Pupils, Teachers, Drivers
The abductors of five pupils, four teachers, and a school bus driver from The Apostolic Faith Montessori School in Emure Ekiti have demanded a ransom of N10 million for each hostage. The hostages were taken while returning to Eporo Ekiti at the close of school earlier in the week. Families of the victims and a […]
IMF Warns Against Premature Interest Rate Cuts
In a briefing at the International Monetary Fund (IMF) on Thursday, Managing Director Kristalina Georgieva stressed the potential dangers of central banks initiating interest rate cuts prematurely. Georgieva highlighted that acting too soon poses a greater risk to the global economy than responding slightly late to economic indicators. With central banks like the US Federal […]
Police Arrest 13 Suspects In Connection With Killing Of Ekiti Traditional Rulers
In response to the tragic killing of two traditional rulers in Ekiti State, the Nigeria Police Force has announced the arrest of 13 suspects implicated in the heinous crime. Police Force Spokesman Muyiwa Adejobi provided updates during an interview on Channels Television’s Politics Today program, highlighting the ongoing efforts to apprehend all perpetrators involved in […]
Hungary’s Viktor Orban And EU Leaders To Face Off Over Ukraine Aid At Crucial Summit
European leaders are meeting on Thursday in Brussels in the hope of ending a standoff over financial aid for Ukraine. Hungary’s Prime Minister Viktor Orban vetoed a €50bn ($55bn; £43bn) aid package for Kyiv last December. Polish PM Donald Tusk said he could not accept Mr Orban’s “strange and very egoistic game”, adding Ukraine stood […]
