SOME residents of the Federal Capital Territory (FCT) on Sunday expressed cautious optimism for a renewed 2025 in spite the burdens and challenges of 2024. The residents told the News Agency of Nigeria (NAN) that 2024 was defined by a sharp rise in the cost of living, fueled by inflation, …
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THE Ooni of Ife, Oba Adeyeye Ogunwusi, Ojaja II, has lauded the appointment of Alaafin-elect, Prince Abimbola Owoade. He also congratulated the Alaafin-elect on his appointment as the new custodian of the timeless heritage of Oyo town. This was contained in a statement on Saturday by Otunba Moses Olafare, the …
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THE National Drug Law Enforcement Agency (NDLEA) has intercepted 338,000 bottles of codeine-based syrup, with an estimated street value of over N1.19 billion, during a joint operation at the Port Harcourt Ports Complex in Onne, Rivers State. This was disclosed in a statement by Femi Babafemi, Director, Media & Advocacy …
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THE Nigerian stock market, represented by the All-Share Index, achieved an outstanding performance in 2024, closing with a remarkable gain of 37.65%. This success was largely driven by significant growth in mid and large-cap stocks, which saw substantial increases in their share prices. Among the main sectoral indices, the Oil …
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THE Human Rights Writers Association of Nigeria (HURIWA) has called for an immediate and comprehensive investigation into the alarming allegations of organ harvesting and human trafficking across Nigeria, as recently revealed by the National Agency for Prohibition of Trafficking in Persons (NAPTIP). The association described the unfolding scandals as a …
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MALI is poised to generate $1.2 billion (750 billion CFA francs) from its mining sector in the first quarter of 2025, with the entire sum expected to be paid by March 31, 2025. This announcement was made by Finance Minister Alousseni Sanou in a speech to the parliament, highlighting the …
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THE Minister of Solid Minerals Development, Dr. Dele Alake, has criticised the N9 billion capital budget allocated to the mining sector in the 2025 budget, calling for an upward review. This was disclosed via his X page on Saturday. Alake revealed that he had submitted to the National Assembly (NASS) that the …
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THE Africa Investment Forum (AIF) 2024 secured $7.6 billion in investment interest for Nigeria. This was disclosed by Dr. Akinwumi Adesina, President of the African Development Bank (AfDB), in a tweet following the conclusion of the event. “I am delighted the Africa Investment Forum 2024 mobilized $7.6 billion of investment …
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SOUTH African police have arrested five individuals, including the grandson of the late Nelson Mandela, in a car hijacking case that involved the possession of an unlicensed firearm. The arrests occurred on Wednesday at the former president’s Houghton Estate home in Johannesburg, where authorities tracked down a stolen white Toyota …
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Muhoozi Kainerugaba, the son of Uganda’s President Yoweri Museveni, has announced that he has quit X, where he has been posting controversial messages. The 50-year-old army general has become increasingly involved in the political arena, in breach of military protocols, reigniting debates about his ambitions to succeed his father, who …
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