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The United States vetoed a UN Security Council resolution for a cease-fire in the Israel-Hamas conflict on December 8. The resolution, supported by Arab states, had 13 votes in favor, one (the U.S.) against, and the United Kingdom abstained. The U.S. deputy representative to the UN, Robert...
In a heart-wrenching revelation, Daily Trust Saturday exposes the devastating toll of accidental airstrikes by the Nigerian military on unarmed citizens in 16 communities across northern Nigeria over the past nine years. The military high command and Nigerian Air Force, while acknowledging...
In response to a staggering $72 million forex loss revealed in its recent financial statement, Multichoice has implemented a substantial price increase across its offerings in Nigeria. The company's revised price list indicates a widespread 20% hike in packages, marking the second such...
The Central Bank of Nigeria (CBN) issues a stern warning to banks concerning the proliferation of counterfeit naira banknotes, particularly in major cities. The acting director of corporate communications, Hakama Sidi Ali, emphasized the prevalence of these fake notes in transactions within...
In a historic development on December 8th, 2023, the Nigerian Naira experienced an alarming depreciation, closing at an all-time low of N1,099.05 per dollar in the official market. This 23.29% drop in value, compared to the previous closing rate, raises significant concerns just weeks before...
In a significant appearance before the Senate joint committee on appropriations, Mele Kyari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), made waves by stating that the primary purpose of establishing refineries is not to drive down fuel prices...
Ex-BBNaija Housemate Khloe Sparks Controversy: Criticized for Discouraging Natural Hair at Events. Social Media Erupts in Response to her Remarks
In a shocking development, discontent simmers within the Nigerian military as some officers of the Nigerian Air Force (NAF) express frustration over the recent airstrikes on Tundun Biri in the Igabi Local Government Area of Kaduna State. The strikes, carried out by the Nigerian Army, resulted in...
The Nigeria Customs Service (NCS) has implemented a substantial exchange rate adjustment for cargo clearance, increasing it from N783/$ to N952/$, marking a significant 22.8% rise. This adjustment, visible on the federal government's trade portal, impacts duties imposed on imported cargoes...
Governor Simon Lalong, currently serving as the Minister of Labour and Employment, finds himself in a political quandary as he contemplates whether to assume a Senate seat or maintain his ministerial position. The Court of Appeal declared him the legitimate winner of the Plateau South...
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