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Banking & Finance Economy

COVID-19: A third of global economy in recession – Emefiele

About one-third of the world economy is currently in recession due to the damaging effects of the COVID-19 pandemic and the ongoing war between Russia and Ukraine. CBN Gov. Godwin Emefiele The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele made this known in Abuja while addressing Foreign Affairs and Aviation stakeholders […]

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Foreign News

Korean plane overshoots runway in Philippine

A damaged Korean Air plane remained stuck in the grass at a central Philippine airport on Monday after it overshot a runway in rainy weather the night before. No injuries were reported among the 162 passengers and 11 crewmembers who escaped from the aircraft using emergency slides. Dozens of flights have been canceled and Mactan-Cebu […]

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Religious Corner

New Moon: Sultan directs Muslims to look out for Rabi Al-Thani cresent

The Sultan of Sokoto and President General of the Nigeria Supreme Council for Islamic Affairs (NSCIA), Alhaji Sa’ad Abubakar III, has directed Muslim Ummah to look out for the new Moon of Rabi Al-Thani 1444AH effect from Tuesday. Rabi Al-Thani is the fourth month in the Islamic calendar, which comes after the month of Rabi […]

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Foreign News

Rishi Sunak wins UK’s prime ministerial race

Rishi Sunak, former Chancellor of the Exchequer, will become the United Kingdom’s new Prime Minister after winning the ruling Conservative Party’s leadership contest triggered by the dramatic resignation of Liz Truss last week. Sunak’s win on Monday came days after Truss’s resignation following her disastrous tax cuts plans and policy U-turns plunged the markets into […]

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Law / Crime

Stealing: Police arraign 22-year-old unemployed man

A 22-year-old unemployed man, Michael Chindo, was on Monday, arraigned before an Upper Area Court Gwagwalada, FCT, for allegedly stealing two generators valued at N350,000. The Police charged Chindo, who lives in old Kutunku Gwagwalada, Abuja with criminal trespass and theft. The Prosecution counsel, Abdullahi Tanko, told the court that the complainant, Mr Joseph Abiriyi […]

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Foreign News

Bangladesh braces for cyclone Sitrang

Most parts of Bangladesh are witnessing gusty winds and heavy rain over cyclone Sitrang heading towards the South Asian country’s vast coastline. A special bulletin of the Bangladesh Meteorological Department (BMD) said on Monday that the cyclone was now staying at 525 kilometres southwest of Bangladesh’s Mongla port in the southern Khulna region and 590 […]

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Foreign News

New Italian PM calls for unity

New Italian Prime Minister Giorgia Meloni has called for unity as she symbolically took power in a country that faced what she said were “multiple” challenges. Though Meloni was sworn in on Saturday, outgoing Prime Minister Mario Draghi ceremonially passed power to her on Sunday in a televised meeting at Palazzo Chigi, the official seat […]

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Foreign News

38 rebels killed in Badakhshan province – official

Security forces have killed 38 rebels and arrested 78 others in the recent cleanup operations in Afghanistan’s northern Badakhshan province, the Provincial Head of the Information and Culture Department, Qari Maazudin Ahmadi, said on Monday. “During cleanup operations in Shiwa, Arghanj Khwa and Ragh districts over the past one week, 38 armed rebels have been […]

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Foreign News Health

Uganda urges vigilance as Ebola cases rise to 5

Uganda’s Ministry of |Health has advised the public to remain vigilant as the Ebola cases in the capital city of Kampala continue to rise. Minister of Health, Ruth Aceng, said in a tweet that two more contacts of the people under quarantine at the country’s Mulago National Referral Hospital on Saturday tested positive, bringing the […]

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Foreign News

23,000 people fle amid violence in N/E DRC – UN

No fewer than 23,000 people have fled the Democratic Republic of the Congo (DRC) since renewed fighting between government troops and rebel militia in the northeast of the country, the UN Office for the Coordination of Humanitarian Affairs (OCHA) said. Around 2,500 people arrived in Uganda from the DRC since the latest outbreak of violence […]

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