PRESIDENT Bola Tinubu has promised a massive reduction in inflation from its current high rate of 34.6 per cent to 15 per cent in 2025. Tinubu, in his New Year message to Nigerians, gave an assurance that his government would intensify efforts to lower food costs by boosting production and …
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BANDITS have abducted 10 passengers and burnt their vehicle on Kaura-Namoda-Shinkafi Road in Zamfara State. Reports said that the passengers were kidnapped on Wednesday, January 1, 2025. The bandits were suspected to be foot soldiers of a notorious bandit leader, Bello Turji. The Military High Command had, on Tuesday, December …
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Malaysia’s communications regulator said it granted Tencent’s WeChat and ByteDance’s TikTok licences to operate in the country under a new social media law, but that some other platforms had not applied. The law, aimed at tackling rising cybercrime, requires social media platforms and messaging services with more than eight million …
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GOLD prices are expected to decline in 2025 while silver prices may increase, according to Economic Survey 2024-25 tabled in Parliament on Friday. Citing the World Bank’s Commodity Markets Outlook for October 2024, the economic survey highlighted that commodity prices are projected to decrease 5.1 per cent in 2025 and …
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THE National Drug Law Enforcement Agency (NDLEA), Kaduna State Command, arrested no fewer than 1,290 suspects and recovered 4,589.361kg of illicit substances in 2024. The Commander, NDLEA, Kaduna State Command, Mr Samaila Danmalam, told the News Agency of Nigeria (NAN) on Tuesday in Kaduna that the arrests and seizures were …
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THE Nigerian Aviation Handling Company Plc (NAHCO Aviance) says it has sealed the extension of handling contracts with three international carriers. The company’s Group Managing Director, Mr Indranil Gupta, made this known in a statement on Monday in Lagos. The News Agency of Nigeria (NAN) reports that the international carriers …
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A South Korean court on Tuesday issued an arrest warrant for suspended president Yoon Suk Yeol, the Yonhap news agency reported. The Corruption Investigation Office is investigating Yoon for unexpectedly imposing martial law on Dec. 3. The office applied for an arrest warrant on Monday after Yoon ignored three summonses to appear …
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The Nigerian stock market, on Monday, opened the week positive with a gain of N987 billion or 0.99 per cent. Investors’ interest in MTN Nigeria, BUA Foods, FBN Holdings, among other advanced equities, were the primary drivers of the overall market’s upward performance. Notably, the market capitalisation added N987 billion or …
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…Allocates 62.06% to capital expenditures Gov. Lucky Aiyedatiwa of Ondo State, on Monday, signed into law the N698.66 billion budget for the 2025 fiscal year, with 62.06% of the total allocated to capital expenditures. The signing ceremony, held in Akure, was witnessed by the Speaker of the Ondo State House …
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SPEAKER of the House of Representatives, Mr. Tajudeen Abbas, has warned against over-reliance on crude oil by Nigeria, saying it will worsen inequality, poverty, and unemployment. Abbas, while delivering the 14th convocation lecture of the Al-Hikmah University in Ilorin on Monday, argued that Nigeria needs to diversify its economy by …
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