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MWUN Sounds Alarm Over Safety Failures at Tin-Can Port After Fatal Accident

MWUN Sounds Alarm Over Safety Failures at Tin-Can Port After Fatal Accident

The Maritime Workers Union of Nigeria (MWUN) has raised serious concerns about safety deficiencies at the Tin-Can Island Port’s Five Star Logistics Terminal, following a tragic incident on Christmas day that claimed the life of a dockworker. The incident occurred when a Liebherr Crane at the terminal crushed the dockworker onboard the vessel MSC Samu, … Read more

Nigerian Banks See Improved Capital Adequacy Ratio at 14% in Q3 2024, Reports CBN

Capital adequacy ratio, Nigerian banks, CBN, Q3 2024 report, banking sector, financial stability, liquidity ratio, non-performing loans, Nigerian economy, banking regulations, government securities, treasury bills, FGN bonds, economic growth, Nigeria

The Central Bank of Nigeria (CBN) has reported a significant rise in the Capital Adequacy Ratio (CAR) of the nation’s banking sector, which increased to 14.01% in the third quarter (Q3) of 2024. This marks an improvement of 1.49 percentage points from 12.52% in the previous quarter, underscoring the resilience and stability of Nigerian banks … Read more

How Police Allegedly Extorted $25,000 from Enugu Hair Vendor After Wrongfully Labeling Him an IPOB Member

How Police Allegedly Extorted $25,000 from Enugu Hair Vendor After Wrongfully Labeling Him an IPOB Member

In a harrowing tale of abuse and extortion, Obinna Henry, a hair vendor and cryptocurrency enthusiast from Enugu State, recounted how he was falsely accused of being a member of the Indigenous People of Biafra (IPOB) and subjected to brutal treatment by armed policemen. The incident, which took place on November 20, 2024, saw Henry … Read more

Abducted Ondo Anglican Priest, Family Freed After Days in Captivity

Abducted Ondo Anglican Priest, Family Freed After Days in Captivity

An Anglican priest from Ondo State, Canon Olowolagba, along with his wife and two children, has regained their freedom after being held captive by kidnappers for several days. The family was abducted on Sunday, December 22, along the Ise Akoko-Iboropa road in Akoko North-East Local Government Area of Ondo State. The kidnapping occurred while the … Read more

NULGE Urges President Tinubu to Safeguard Local Government Autonomy from Cabal Interference

NULGE Urges President Tinubu to Safeguard Local Government Autonomy from Cabal Interference

Despite a landmark ruling by the Supreme Court six months ago, local governments in Nigeria continue to face delays in receiving financial autonomy, a situation that the National Union of Local Government Employees (NULGE) is calling on President Bola Ahmed Tinubu to address urgently. The Supreme Court ruling on July 11, 2024, had granted the … Read more

Two Suspected Drug Dealers Arrested in Cross River

Two Suspected Drug Dealers Arrested in Cross River

The Anti-Cultism Squad of the Nigeria Police Force, Cross River Command, has arrested two suspected drug dealers in Ugep town, Yakurr Local Government Area, following a successful operation based on credible intelligence. According to the state Commissioner of Police, Gyogon Grimah, the arrest was made on Friday after the squad raided the area. The suspects, … Read more

Starlink Announces Price Hike for Nigerian Subscribers Starting January 2025

Starlink Announces Price Hike for Nigerian Subscribers Starting January 2025

Starlink, the satellite internet service founded by Elon Musk, has announced a significant price increase for its internet services in Nigeria. The new pricing will take effect immediately for new customers and will apply to existing subscribers starting January 27, 2025. In an email sent to its subscribers on Friday, Starlink explained that the price … Read more

Ooni’s Ex-Queen on Hunger Strike in Agodi Prison, Claims Mother

Mrs. Funmilayo Ogunseyi, mother of Naomi Silekunola, the former queen of the Ooni of Ife, shared her heartbreak over her daughter’s arrest following the tragic stampede in Ibadan that claimed 35 children’s lives. In an emotional interview, she discussed the detention, the incident, and the legal steps now underway. Ogunseyi revealed that the police had … Read more

Presidency Denounces Niger Republic’s Allegations Against President Tinubu as Despicable Propaganda

Presidency Denounces Niger Republic's Allegations Against President Tinubu as Despicable Propaganda

The Special Adviser to President Bola Tinubu on Policy Communication, Daniel Bwala, has strongly condemned recent allegations made by Niger Republic’s military leader, Abdourahamane Tchiani. Tchiani had claimed in an interview that Nigeria was colluding with France to destabilize his country, accusing President Tinubu of accepting substantial payments for the establishment of a French military … Read more

ECOWAS Denounces Niger Republic’s Terrorism Allegations Against Nigeria, Calls for Dialogue

"ECOWAS Denounces Niger Republic's Terrorism Allegations Against Nigeria, Calls for Dialogue"

The Economic Community of West African States (ECOWAS) has firmly dismissed allegations from Niger Republic accusing Nigeria and other member states of sponsoring terrorism. In a statement released on Thursday, ECOWAS expressed unwavering support for Nigeria’s peacekeeping initiatives and condemned the claims as baseless and unfounded. The Commission stands firmly with Nigeria and other ECOWAS … Read more

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