New Covid variant XEC spreads across multiple countries

New Covid variant XEC spreads across multiple countries

People have started catching a new Covid variant that could soon take off and become the dominant type, according to scientists. Identified in Germany, in June, cases of the XEC variant which has some new mutations that might help it spread, have since emerged in the UK, US, Denmark and several other countries. Although typical […]

Nigeria’s inflation rate drops to 32.15% in August

Nigeria’s inflation rate drops to 32.15% in August

Nigeria’s inflation rate dropped from 33.40% in July to 32.15% in August. This is the second month of consecutive inflation decline this year. In its Consumer Price Index report released yesterday, the National Bureau of Statistics said the headline inflation rate eased to 32.15% in August 2024, while food inflation stood at 37.52% in the […]

President Tinubu pledges creation of Disaster Relief Fund

President Tinubu pledges creation of Disaster Relief Fund

President Bola Ahmed Tinubu has promised the establishment of a disaster relief fund to assist Nigerian citizens impacted by floods and other disasters.  Speaking yesterday at the Borno Government House when he visited Maiduguri, to sympathise with the government and people over the recent flooding from Alau Dam, President Tinubu who sympathized with all the […]

Nigeria’s Crude Oil Production Increases to 1.352 Million BPD

Nigeria's Crude Oil Production Increases to 1.352 Million BPD

Nigeria’s crude oil production increased from 1.307 million barrels per day inJuly to 1.352mbpd in August. This is according to OPEC’s September Monthly Oil Market Report. OPEC reported that the average daily crude production rose marginally by 45,000barrels per day, based on information obtained through direct communication withthe Nigerian government. This report contradicts the Federal […]

Super Eagles Interim Coach Dismisses Resignation Rumours

Super Eagles Interim Coach Dismisses Resignation Rumours

Super Eagles interim coach, Augustine Eguavoen, has dismissed rumours abouthis alleged resignation following yesterday’s goalless draw against Rwanda. Addressing journalists upon the team’s arrival in Abuja, Eguavoen described therumours as false and misleading, clarifying that he had been misquoted. He affirmed that he was still in charge of the Super Eagles and would sit downwith […]

Ethiopia Celebrates New Year 2017

Ethiopia Celebrates New Year 2017

Ethiopians yesterday celebrated the first day of the Ethiopian New Year 2017,which is 7 years behind the global Gregorian calendar. They welcomed the New Year with a variety of cultural ways. In his message, Prime Minister Abiy Ahmed emphasized the importance of seizingthe opportunities presented by the incoming New Year and urged citizens to worktogether to […]

FG Donates ₦3Billion as Flood Intervention Fund

FG Donates ₦3Billion as Flood Intervention Fund

Federal Government has donated ₦3bn as flood intervention fund to Borno Statefollowing the flood, which has displaced more than one million persons inMaiduguri, its capital. The State Governor, Professor Babagana Zulum, confirmed this while donatingcash to displaced persons taking refuge in the Bakassi IDP camp. Zulum said food items and other basic necessities will be […]

Kamala Harris and Donald Trump Rattle Each Other at Debate

Kamala Harris and Donald Trump Rattle Each Other at Debate

Kamala Harris and Donald Trump accuse each other of being weak and lying, intheir first debate of the 2024 US presidential election. It was the first time the two candidates have met and follows weeks of personalattacks on Harris by Trump and his allies that have included racist and sexistinsults. The two candidates are effectively […]

Tinubu Say Courageous Steps Have Been Taken to Reform Nigeria

Tinubu Say Courageous Steps Have Been Taken to Reform Nigeria

President Bola Tinubu says his administration has taken courageous steps toreform Nigeria’s macroeconomic environment, to restore confidence in thenation’s economy. Represented by Vice President Kashim Shettima, at the 17th Annual Banking andFinance Conference in Abuja, the President said the government is rigorouslyworking to actualize through measures targeted at reducing inflation, stabilizingthe foreign exchange market and […]

Tinubu Approves 2024 National Honours Awards

Tinubu Approves 2024 National Honours Awards

President Bola Tinubu has approved the commencement of 2024 NationalHonours Award to Nigerians who have contributed to the development of thecountry, in line with the National Honours Award Act 2004. Minister of Special Duties and Intergovernmental Affairs, Zaphaniah Jisalo, whomade this known yesterday in Abuja, said the Federal Government would alsohonour Nigerians who have distinguished […]