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How The Houthis Are Rewriting The Rules Of Sea Power
For more than a month now, the Yemen-based, Iranian-backed Houthi rebels have disrupted ocean-going trade attempting to transit the Suez Canal, a critical chokepoint in the global economic system. Despite the U.S. Navy’s…
Cellular Outage Hits Major Cities In US As Over 50,000 Calls, Text Messages Disrupted
A cellular outage hit thousands of AT&T users in the United States, disrupting calls and text messages as well as emergency services in major cities including San Francisco. According to data from outage tracking website,…
Forex Crisis: Apprehension at CBN as FG, States, LGs meet to share FAAC allocations
There is intense apprehension at the Central Bank of Nigeria (CBN) Thursday that the Naira may weaken further as the Federation Account Allocation Committee (FAAC) is…
“Tinubu presented a Dollarized Budget, benefitting from Dollar-Naira Hike” – Ndume
In a recent interview with Channels Television, Senator Ali Ndume made remarks indicating that the Nigerian government is benefitting from the depreciation of the naira against the dollar. The fiery Senator disclosed that…
BREAKING: Yoruba Nation activist, Sunday Igboho, returns to Nigeria
Sunday Adeyemo, popularly known as Igboho, a prominent Yoruba Nation activist, has returned to Nigeria for the burial of his mother. The announcement was made by Igboho’s spokesman, Olayomi Koiki, through a statement and…
Senate Confirms Cardoso As CBN’s MPC Chair, Okays 11 Members
The Senate, on Thursday, confirmed the nominations of 12 members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) following the consideration of a report by the Committee on Banking,…
Israel Vs Gaza: Biden’s Provoking World War III – Fani-Kayode
Former Aviation Minister, Chief Femi Fani-Kayode, has claimed that President of the United States, Joe Biden, is pushing for World War III. World War III, World War 3, WWIII, WW3, or the Third World War are the names…
BREAKING: Nigeria’s GDP grew by 3.46% in Q4 2023 — NBS
Nigeria’s Gross Domestic Product grew by 3.46 per cent year-on-year in real terms in the fourth quarter of 2023, the National Bureau of Statistics has disclosed. In its ‘Nigerian Gross Domestic Product Report (Q4,…
Lagos adopts 3-day work week for civil servants as economic hardship bites harder
In a bid to alleviate economic challenges faced by residents, Lagos State Governor Babajide Sanwo-Olu has announced a new working arrangement for civil servants in the state. Under this directive, civil servants in levels…
Analysis: How Binance P2P contributes to Naira losing Value
If you go to Binance P2P, there is heavy manipulation going on there. And from my deductions, most of the big Binance P2P merchants are united in carrying out this manipulation. Some of them even have over $2 million worth…
BREAKING: Tinubu’s govt stops export of cooking gas to reduce price in Nigeria
As part of measures to address the increasing scarcity and rising prices of cooking gas (Liquefied Petroleum Gas – LPG) in Nigeria, the federal government has taken decisive action. The Minister of State for Petroleum…
BREAKING: Edo Deputy Governor, Shaibu Wins PDP Governorship Ticket
The Deputy Governor of Edo State, Philip Shaibu, on Thursday, won the governorship ticket of the Peoples Democratic Party (PDP) after emerging as winner of the parallel primaries of the party for the forthcoming…
Japa: Canada amends work permit rules for Nigerians, other foreign students
The Canadian government has changed the requirements to the post-graduation work programme (PGWP) for international students starting February…
BREAKING: Naira hits record low of N1960 /EUR1 at the black market
The parallel market exchange rate has experienced a significant decline, plummeting to a record low of N1960 per Euro, driven by persistent demand pressures that continue to erode the currency’s value. This…
JUST IN: Sanwo-Olu announces 25 per cent cut in transport fare
Lagos Governor Babajide Sanwo-Olu has announced a 25 per cent rebate on fares for government-owned transport schemes. He also announced that civil servants from level 1-14 will begin to work three days a week as part…
BREAKING: Ex-Barcelona star Dani Alves sentenced to four years in jail
Former Brazil and Barcelona player Dani Alves has been sentenced to four years and six months in prison for sexual assault by a Spanish court. The 40-year-old…
Military vows to go after advocates of coup
The Chief of Defence Staff, General Christopher Musa, has said those calling for coup d’etat are enemies of Nigeria, saying the law will catch up with them. The military had earlier revealed that there were pressure…
10 Countries Approach ICJ Against Israel’s Occupation Of Palestine
The International Court of Justice (ICJ) in The Hague continued its public hearings on the legal consequences arising from Israel’s policies and…
Revolt brewing – Agbakoba warns FG
Olisa Agbakoba, former president of the Nigerian Bar Association (NBA), says the administration of President Bola Tinubu is not communicating hope to Nigerians. The eminent lawyer told TheCable that the presidency is…
How My Father Died Because We Couldn’t Afford N70k Hospital Bed – Odumodublvck
Tochukwu Ojogwu, Nigerian rapper, popularly known as Odumodublvck, has recounted his early struggles as an artiste. In a post via X on Wednesday, the rapper revealed how he lost his dad because his family couldn’t…
Four months withheld salaries paid to ASUU – FG
The Federal Government on Wednesday said it has paid in full the four months withheld salaries to the Academic Staff Union of Universities, ASUU as approved by President Bola Tinubu. It also said that it has made…
Bank Of England To Release King Charles Banknotes In June
British banknotes with King Charles’ picture will be available in wallets beginning from June 5, the Bank of England has revealed. Notes featuring the King’s image will be available in four denominations: £5, £10, £20,…
2 Weeks After Tinubu’s Directive: FG Yet To Release Free Grains To Nigerians
Two weeks after President Bola Ahmed Tinubu directed the Ministry of Agriculture and Food Security to release 42,000 metric tons of maize, millet and other commodities from the national strategic reserve to Nigerians for…
A Layman’s Solution to the Current Economic Crisis by Austin Avuru
It is obvious now, even to the beggar on the side-street that the Nigerian economy has fallen into a dangerous tail spin, threatening to completely spiral out of control. At the core of this economic crisis is the…