President (Asíwájú) Bọ́lá Ahmed Tinúbú, GCFR has officially signed the ₦54.99 trillion 2025 budget into law during a ceremony at the State House in Abuja. This budget marks a significant increase from the ₦27.5 trillion approved for 2024, reflecting a 99.96% rise. Key Highlights of the 2025 Budget: The National Assembly had initially passed the budget on February 13, 2025, after increasing it from the ₦49.7 trillion originally proposed by the President. Key government officials, including Senate President Godswill Akpabio and Speaker of the House of Representatives Tajudeen Abbas attended the signing ceremony. This budget is expected to address critical…
Author: Akintayo Adams
A tragic incident unfolded in Bukavu, eastern Democratic Republic of Congo (DRC), where explosions and gunfire disrupted a rally organized by the M23 rebel group. The attack resulted in the deaths of at least 11 people and left 60 others injured. Details of the Incident: Context: The M23 rebel group has been active in the eastern DRC, seizing key territories and clashing with government forces. The region has been plagued by violence, with thousands killed and displaced due to ongoing conflicts. The attack at the rally underscores the fragile security situation and the challenges of achieving peace in the area.…
The Federal Government of Nigeria has justified its decision to approve a 50% increase in tariffs for telecommunications services, emphasizing the need to protect jobs and prevent multinational companies from exiting the country. This announcement has sparked widespread reactions from Nigerians, many of whom are grappling with the economic impact of the hike. Key Points: This development underscores the delicate balance the government is trying to maintain between economic sustainability and public welfare. The telecommunications sector remains a critical part of Nigeria’s economy, and the tariff hike is seen as a move to safeguard its future. Get instant and latest…
Canadian Prime Minister Justin Trudeau has announced that Canada will impose retaliatory tariffs on U.S. goods if President Donald Trump proceeds with his plan to levy tariffs on Canadian exports. This announcement comes amidst escalating trade tensions between the two nations. Key Details: This development marks a significant escalation in the trade dispute, with both countries preparing for economic consequences. Trudeau’s firm stance underscores Canada’s commitment to protecting its economic interests. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.
Senator Natasha Akpoti-Uduaghan has accused Nigeria’s Senate President, Godswill Akpabio, of victimizing her after she allegedly refused his sexual advances. The Kogi Central Senator made these allegations during a public statement, claiming that Akpabio’s actions have led to her being maligned, denied privileges, and politically targeted. Key Allegations: Legal Action: In response to the ongoing tensions, Akpoti has reportedly filed a defamation lawsuit against Akpabio, seeking damages for alleged defamatory remarks made by the Senate President and his aides. The lawsuit highlights a series of incidents where Akpoti felt targeted and humiliated. This development has added to the growing controversies…
The Dangote Petroleum Refinery has announced a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, across its outlets. This move has prompted several fueling stations to follow suit, providing much-needed relief to Nigerians amidst economic challenges. Key Details: Broader Implications: This price reduction is expected to ease transportation costs and reduce the overall cost of living for many Nigerians. It also demonstrates Dangote Refinery’s commitment to ensuring a steady supply of petroleum products and supporting the country’s economic recovery. However, the move has raised concerns among fuel importers, who may face significant financial losses…
RSD shopping complex located at Ogungbade area of Ibadan was on Thursday afternoon ravaged by fire. The upper floor of the complex was ravaged by the fire. The General Manager of Oyo State Fire Service, Mr Yemi Akinyinka confirmed the incident. He said, “On Thursday 27th February, 2025 by 12:58 hrs, the agency’s control room center received a distressed call. “The fire personnel led by ACFS Olubunmi left for the scene and arrived at the place where an upper floor of a Storey complex was engulfed by fire. “We swiftly swung into action and restricted the fire not to affect…
The Federal Bureau of Investigation (FBI) has accused North Korea of orchestrating a massive cryptocurrency theft, amounting to $1.5 billion. This incident is considered the largest crypto heist in history. Details of the Theft FBI’s Statement The FBI stated that the stolen assets are expected to be further laundered and eventually converted to fiat currency. The agency has advised private sector entities and virtual asset service providers to block transactions with or derived from addresses associated with TraderTraitor. Historical Context The Lazarus Group gained notoriety a decade ago when it was accused of hacking into Sony Pictures as revenge for…
The political landscape in Lagos State has taken a dramatic turn as the police have restored the security details of Hon. Mudashiru Ajayi Obasa, the former Speaker of the Lagos House of Assembly, while withdrawing those of Hon. Mojisola Lasbat Meranda. This development comes as Obasa is set to return to his position as Speaker. Background Obasa was impeached as Speaker on January 13, 2025, and Meranda, his deputy, was unanimously elected to replace him, making her the first female Speaker in the history of the state. However, recent interventions by key leaders of the All Progressives Congress (APC) have…
A tragic incident occurred late on Tuesday, February 25, 2025, when a Sudanese army plane crashed in a residential area near the Wadi Seidna military airport in northern Omdurman. The crash resulted in the deaths of at least 46 people, including both military personnel and civilians. Details of the Crash Response and Rescue Efforts Firefighting teams managed to contain the blaze at the crash site, and the injured were promptly taken to the hospital. The Karari Resistance Committee, part of a network of volunteers coordinating aid across Sudan, reported that several injured people were brought to al-Nao Hospital in Omdurman.…