Nigeria’s inflation rate drops, but northern states continue to face severe economic challenges. In July 2024, Nigeria’s headline inflation rate eased to 33.40% for the first time in nearly two years. However, the relief is uneven, with northern states experiencing…
Retirees Starve to Death Decades After Serving Nigeria. Many retirees are struggling due to the Federal Government’s failure to pay pensions. As of May 2024, the FG owes an estimated N250 billion in accrued pension rights. Retirees like Yomi Gbadamosi…
Seizure of Presidential Jets: FG Must Explain to Nigerians – Obi Peter Obi, the Labour Party’s Presidential Candidate in the 2023 elections, has called on the Federal Government to provide an explanation regarding the recent seizure of Nigeria’s Presidential Jets…
APC: Rivers Court Judgment Not Binding. The All Progressives Congress (APC) has asserted that it is not obligated to comply with the Rivers High Court ruling that reinstated the dissolved Emeke Beke-led State Executive Committee. APC Deputy National Secretary, Festus…
Fubara swears in 5 new commissioners, 2 special advisers. Rivers State Governor, Siminalayi Fubara, has officially sworn in five new commissioners and two special advisers to strengthen the state executive council. The new commissioners are Mr. Ilamu Abua, Dr. Roland…
Crackdown Success: NNPC Confiscates 63 Illegal Refineries. In a decisive move against oil theft, the Nigerian National Petroleum Company (NNPC) Limited has confiscated 63 illegal refineries in just one week, from August 3 to 9. This crackdown is part of…
Father of Barcelona starlet Lamine Yamal reportedly stabbed in car park attack. In a shocking turn of events, Mounir Nasraoui, the father of Barcelona’s rising star Lamine Yamal, has been seriously assaulted in a car park attack in Mataró, near…
Mbappe, Vinicius, and Bellingham shine while Lookman flops in UEFA Super Cup. The UEFA Super Cup between Real Madrid and Atalanta was a thrilling encounter filled with key moments and standout performances, particularly from Kylian Mbappe and Ademola Lookman. Key…
Ajunwa: My Olympic gold came with no help from Nigeria, thanks to Odegbami. Chioma Ajunwa, a celebrated Nigerian track and field athlete, recently shared the challenges she faced in her journey to becoming the country’s first-ever Olympic gold medalist at…
Meet Black Forest Labs, the startup behind Elon Musk’s wild AI image generator. Elon Musk’s AI company, Grok, has introduced a new image-generation feature that mirrors the chatbot’s minimal safeguards, allowing users to create and share highly controversial and potentially…
NEA leads $100M investment in Fei-Fei Li’s AI startup, now valued at over $1B. World Labs, a stealthy AI startup founded by Stanford AI professor Fei-Fei Li, has quickly become a major player in the tech world, raising its valuation…
Biden to Creators: “You’re Trusted, Unlike Traditional Media” At the first-ever White House Creator Economy Conference, President Joe Biden emphasized the importance of social media creators in shaping public opinion. He acknowledged that traditional media is losing trust, while creators…
FG freezes $37m in cryptocurrency linked to suspected #EndBadGovernance protest organizers. The Federal Government has frozen over $37 million worth of cryptocurrency assets believed to be linked to the organizers of the recent #EndBadGovernance protests. This action was taken following…
Man reportedly melts after jumping into a melting pot at a Lagos construction site. A tragic incident occurred at a construction site on Shagamu Road, Ikorodu, where a 25-year-old contract worker allegedly took his own life by jumping into an…
Revenue Commission: Senators earn N1m monthly. The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) clarified that each of Nigeria’s 109 senators earns ₦1,063,860 in monthly salary and allowances. This statement was released to address claims made by former Senator Shehu…