Author: Akintayo Adams

Oyo State Governor, Seyi Makinde, has announced a halt to the demolition of houses in six Local Government Areas of the state following ongoing protests by affected residents. The LGAs involved include Ido, Akinyele, Egbeda, Ona-Ara, Lagelu, and Oluyole. Makinde made this declaration on Monday while addressing protesters at the Government Secretariat in Agodi, Ibadan. He clarified that there would be “no demolition of houses outside the 150 metres (75m right & left)” from designated areas. Additionally, he assured the residents that any house built outside the 150-metre zone would be incorporated into the state’s urban planning. The protests, which…

A gas explosion in southern Italy has claimed the lives of four family members, including two young children, after their home partially collapsed. The incident occurred in the town of Saviano, near Naples, early Monday morning, leaving the two-storey house in ruins. The victims of this tragic blast were a young boy, a girl, their mother, and their grandmother. However, the father and a newborn baby were pulled from the rubble alive. The father remains in serious condition at a Naples hospital, while the baby sustained non-life-threatening injuries, according to local media. The family lived on one floor of the…

Nigeria’s currency, the Naira, has depreciated by 51.5% against the US dollar in the past year under the leadership of Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, who marked his one-year tenure on September 15, 2024. Data from the FMDQ showed the Naira fell from ₦747.76 per dollar in September 2023 to ₦1,541.52 per dollar by September 22, 2024. Despite several interventions by the CBN, the performance of the Naira in the official foreign exchange market remains underwhelming. The Monetary Policy Committee (MPC), led by Cardoso, raised the monetary policy rate four times, reaching 26.75% to combat inflation, which…

Iran’s Revolutionary Guards Corps (IRGC) has ordered a halt to using communication devices following a series of explosive attacks in Lebanon that killed 37 people and injured over 3,000. The devices, including pagers and walkie-talkies used by Hezbollah, detonated across Hezbollah strongholds in two days of attacks. Iranian officials believe Israel may be responsible and fear Israeli infiltration of their ranks. The IRGC is conducting extensive reviews of all their communication equipment and security measures, including bank and travel checks for their personnel. Investigations are underway in Tehran, with exploded devices being examined for further insights, and they’ve shifted to…

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A 23-year-old philosophy student at Olabisi Onabanjo University, Ayomide Adeleye, has confessed to the gruesome murder of 18-year-old Christiana Idowu, a fellow church member. According to a Vanguard report, Adeleye, now in custody at the Lagos State Police Command Tactical Unit in Ikeja, admitted that financial desperation drove him to commit the crime. Adeleye revealed that he lured Idowu, an Industrial Training student at Yaba College of Technology, to his residence under the pretext of repairing her phone. Once she arrived, he attacked her. “I just grabbed her, applied pressure, and squeezed her throat until she gave up,” he recounted.…

Nigeria’s naira has been ranked among the world’s 10 worst-performing currencies, according to a report by Bloomberg. This decline, shared with other African currencies like the Zambian kwacha and Angolan kwanza, is largely due to economic challenges, unstable commodity prices, inflation, and a lack of dollar liquidity. While oil prices have been cited as a major factor, experts like Keonethebe Bosigo, a portfolio manager at Mazi Asset Management, point to poor currency management and economic imbalances as the primary causes. Bosigo noted that Nigeria’s failure to allow the naira to adjust led to its overvaluation and subsequent loss of confidence.…

The U.S. Mission in Nigeria has issued guidelines for U.S. citizens residing in Nigeria to participate in the upcoming November 2024 U.S. Presidential elections. As the election approaches, American citizens overseas are encouraged to follow these steps to ensure their vote is counted: The 2024 U.S. Presidential election is pivotal, with citizens across the globe exercising their right to vote, determining the next President of the United States. Overseas citizens are strongly encouraged to vote early and ensure their ballots are returned on time to avoid any delays. The election will see major candidates from the Democratic Party, Republican Party,…