Author: Akintayo Adams

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Over 150 people have been rescued, while many remain missing after a boat carrying about 300 passengers capsized in Niger State. The passengers, mainly women and children, were traveling to the Maulid celebration in Gbajibo, Mokwa Local Government Area. The Niger State Emergency Management Agency (NSEMA) confirmed the incident through its spokesperson, Hussaini Ibrahim, who said the accident occurred on the River Niger, upstream of the Jebba dam, as the boat was en route from Mundi Community. NSEMA, in collaboration with the state’s Ministry of Transport, the Mokwa Local Government Emergency Committee, local divers, and community volunteers, is coordinating search…

Manchester City midfielder Matheus Nunes was reportedly arrested on suspicion of stealing a mobile phone at a nightclub in Madrid. The incident allegedly took place at La Riviera nightclub in the early hours of September 8, as reported by El Mundo and Dailymail. Nunes, 26, is said to have taken the phone from a 58-year-old man who attempted to photograph him without consent in the club’s restroom. In a moment of anger, Nunes allegedly confiscated the phone and refused to return it. The police were called to the scene, and Nunes was reportedly found with the phone and subsequently detained…

AC Milan winger Samuel Chukwueze could be on the move in the January transfer window, with interest from Atletico Madrid, West Ham United, and Aston Villa. The Super Eagles forward has struggled to make an impact since his arrival at Milan from Villarreal last summer, prompting speculation about his future. Chukwueze, 25, has previously been linked with a move to the Premier League, and despite having three years left on his contract with Milan, he now looks set to explore opportunities elsewhere. The Nigerian international is also expected to be named in Nigeria’s squad for the upcoming 2025 Africa Cup…

The import of Premium Motor Spirit (PMS), commonly known as petrol, into Nigeria dropped by 13.77% in 2023, amounting to 20.30 billion liters, compared to 23.54 billion liters in 2022. This decline was disclosed by the National Bureau of Statistics in its latest Petroleum Products Distribution Data for 2023. The reduction in petrol imports follows the introduction of the fuel subsidy removal policy by President Bola Ahmed Tinubu’s government in May 2023. The report also highlighted a 16.96% drop in petrol distribution, from 24.35 billion liters in 2022 to 20.22 billion liters in 2023. On the other hand, the data…

President Bola Ahmed Tinubu announced that his administration has cleared a ₦30 trillion “ways and means” loan from the Central Bank of Nigeria. He made this disclosure during a nationwide broadcast as part of the 64th Independence Day celebrations. The President highlighted that in the past 16 months, his government has made significant strides in reforming and repositioning Nigeria’s economy. He emphasized that, under his leadership, the country has successfully reduced its debt service ratio from 97% to 68%. Addressing the need for continued fiscal reforms, Tinubu warned of the consequences if fiscal misalignments are not corrected, noting that the…

Kano State Governor, Abba Yusuf, has adopted 95 orphans from the state orphanage as his children. The announcement was made during a special lunch with the children to mark Nigeria’s 64th Independence Anniversary, according to a statement by the governor’s spokesman, Sanusi Bature. Governor Yusuf pledged to assume full responsibility for the orphans’ education, healthcare, feeding, and other social needs throughout his tenure. He assured that the children would be treated with the utmost care and given the opportunity to reach their full potential in life. “You are now my children,” the governor said, expressing his commitment to providing them…

Banks’ borrowing from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) surged by 117.2 percent month-on-month (MoM), reaching N7.82 trillion in September 2024, up from N3.6 trillion in August 2024. At the same time, deposits in the CBN’s Standing Deposit Facility (SDF) skyrocketed by 400 percent, increasing from N790.87 billion in August to N3.97 trillion in September 2024. The sharp rise in SDF deposits is attributed to the CBN’s decision to raise interest rates following the Monetary Policy Committee (MPC) meeting held in late August. This increase made it more profitable for banks to deposit funds…

The Federal Government has commenced palliative repairs on the deteriorated sections of the Lagos-Sango-Abeokuta Expressway. On Monday, Mrs. Olukorede Kesha, the Federal Controller of Works in Lagos State, inspected the ongoing work on a damaged seven-kilometer stretch of the road. Kesha noted that the entire road within Lagos spans 18km, but only the most severely damaged sections will be addressed at this stage. She explained that delays in repairs were due to the concessioning process, which was affected by the transition between the previous and current administrations. The government, however, has now decided to carry out palliative measures while awaiting…

Iran has launched ballistic missiles at Israel, triggering air raid sirens across the country, according to the Israel Defense Forces (IDF). The sky over Israel lit up as missiles were launched, with NBC News capturing footage of both the Iranian missiles and Israel’s aerial defense system attempting to intercept them. Loud booms were heard, though it is unclear if they were caused by the interception of missiles or direct impacts. The attack, which lasted about an hour, ended without reported fatalities, according to Israeli authorities. U.S. officials had warned earlier of an imminent Iranian missile strike, prompting the U.S. military…