THE World Bank has said that Nigeria, Angola and Sierra Leone, with double-digit inflation and weakened domestic currencies, will maintain a high interest rate for a long period and may even increase it. The bank said that in its latest Africa’s Pulse report, where it focused on how the inflation …
Read More »
KENYA’s Senate began debating the impeachment of Deputy President Rigathi Gachagua on Wednesday after he lost another court bid to halt the proceedings. The country’s Lower House of parliament had last week voted decisively to impeach Gachagua on 11 charges, including corruption and abuse of office, but the deputy president, …
Read More »
Adedeji Adeleke, father of popular singer Davido, has claimed that he generates 15 percent of Nigeria’s electricity. The billionaire businessman made the claim while speaking at the Seventh-Day Adventist Church’s General Conference Annual Council 2024 on October 15th. “I’m in the electricity business, I own power plants. I generate about …
Read More »
THE shortage of aircraft in the domestic airline market has worsened, limiting available flights for passengers, according to findings by Daily Trust. Many passengers were stranded across the country on Tuesday as they could not secure flights to their destinations. The busiest routes, Lagos-Abuja and Abuja-Lagos, were hugely impacted as …
Read More »
LAGOS State Environmental Sanitation Corps also known as KAI, on Tuesday, arrested 20 suspected miscreants terrorising the Oshodi area of the state. The state Commissioner for Environment and Water Resources, Tokunbo Wahab, disclosed this in a terse message shared on his X.com page on Tuesday. According to him, the suspected …
Read More »
THOMAS Tuchel is set to be named as the new England manager after agreeing a deal with the FA this week. In a quick turn of events, the former Chelsea and Bayern Munich boss is set to pick up the mantle from Gareth Southgate and lead England into the 2026 …
Read More »
Guaranty Trust Bank (GTBank) has announced that it “successfully transitioned” to a new and advanced Finacle Core Banking Application System. The bank made this known via an email to its customers on Monday while informing them that all branches would be open until 6 pm. “We are pleased to inform …
Read More »
THE Nigeria Customs Service (NCS), Apapa Area Command, has intercepted four 40-foot containers filled with illicit drugs valued at N1.18 billion. The operation, conducted by customs officers at two terminals, prevented the smuggling of 236,783 bottles of cough syrup containing codeine, a substance banned by the Federal Government. In a …
Read More »
A United States Navy aircraft with two crew members on board has crashed near Mount Rainier in Washington state, triggering an ongoing search and rescue mission. The crash occurred on Tuesday evening during what the Navy described as a routine training flight. The aircraft involved in the incident is an …
Read More »
A petrol tanker accident in Majiya village of Taura local government area of Jigawa State, has seen over 90 people reportedly killed with more than 50 hospitalised. Newsextra24 gathered that the incident happened at around 12:30 am on Wednesday with the tanker said to have fallen, making villagers to scoop fuel before …
Read More »
