Biden touts the administration's economic achievements.
President Joe Biden took center stage in his 2024 State of the Union address, proudly highlighting his administration's economic achievements. He emphasized the strong economic growth, job creation, and initiatives that have improved the lives of Americans across the board.
Criticism of Donald Trump and Call for Gaza Aid
Biden was unabashed in his criticism of former President Donald Trump. He criticized Trump's ...Read More
John Okafor, a well-known Nollywood comic actor known as Mr Ibu, died at age 62. Okafor died at Evercare Hospital in Lagos, according to multiple sources.
Online Mourning
On social media, devoted fans expressed their grief over Okafor's death. Many people shared memories of the veteran's most hilarious films and iconic comedic performances.
Recent Health Struggles
Okafor suffered a severe illness in late 2023, ...Read More
Ile-Ife, Nigeria – On Monday evening, a church in Ile-Ife, Osun State, was tragically struck when an assistant pastor murdered the head pastor following their service.
A deadly altercation
Most Superior Evangelist Olagbaju Moris Gbade Fadehan, pastor of the Celestial Church of Christ (CCC) Grace of Comfort parish, was stabbed to death by his assistant, Evangelist Olalekan Ogundipe, after a disagreement turned violent.
Conflict Turns Deadly ...Read More
Lagos, Nigeria – A member of Nigeria's ruling All Progressives Congress (APC), led by Bola Tinubu, reportedly died in a stampede at a Nigerian Customs Service (NCS) rice sale in Lagos.
The deceased, Comfort Adebanjo, was one of many people rushing to buy discounted 25kg bags of rice for 10,000 naira ($22). The NCS event was meant to alleviate economic hardships, but it devolved into chaos. A bag of rice in the open markets costs about N70,000.
Since the emergence of the ...Read More
The Nigerian naira has plunged over 60% against the U.S. dollar since Tinubu took office, with the exchange rate reaching new lows of 0.00063 naira to 1 dollar. As at yesterday, the rate has inched closer to N2000. This rapid devaluation highlights the economic turmoil confronting Nigeria.
Factors Driving Decline
The naira's slide has been attributed ...Read More
The Nigerian naira dropped to a record low of 1,730 per U.S. dollar on the parallel market on Monday, February 20, 2024, falling 8.13% from 1,600 naira recorded last Friday. This plunge came as the Economic and Financial Crimes Commission (EFCC) raided and arrested over 50 illegal currency traders in Abuja amidst the naira's freefall.
Parallel Market in Crisis
On Monday, street traders quoted the naira's buying price at 1,700 per dollar and the selling price at 1, ...Read More
On February 20th, 2024, gunmen kidnapped nine Jehovah's Witnesses in Kogi State, Nigeria, demanding a ransom of around $66,000 USD (30 million Nigerian naira). This incident follows another recent kidnapping of nine travelers near the same area, where kidnappers demanded around $32,000 USD (2.6 million naira).
Kidnapped Individuals' Situation
As of February 20th when the news first broke, there have been no updates on the status or release of the nine ...Read More
The Obi-Datti presidential ...Read More
The administration of Nigerian Bola Ahmed Tinubu has announced plans to remove electricity subsidies, which could result in price increases and economic hardship for millions of Nigerians.
Power Minister Adebayo Adelabu stated that the government can no longer afford to subsidize the power sector and must shift to a more cost-effective pricing strategy. This follows the recent elimination of fuel subsidies, which has already caused financial hardship for many citizens. ...Read More
According to new information, Special Counsel Jack Smith is looking into Senator Lindsey Graham's (R-SC) controversial phone calls to Georgia's Secretary of State after the 2020 election.
In September, a special grand jury in Georgia recommended that Graham and two other senators be indicted for attempting to overturn the state's election results. However, only Trump and six others were eventually charged.
Graham's conversations with GA Secretary Brad Raffensperger, in ...Read More
A US court ordered Airbus Helicopters SAS, the manufacturer of the helicopter model involved in a 2018 crash that killed five Britons, to pay $75 million to one of the victims' families.
The lawsuit arose from a February 2018 accident in the Grand Canyon that killed brothers Stuart and Jason Hill (ages 30 and 32), as well as Stuart's girlfriend, Becky Dobson. Jonathan and Ellie Udall, husband and wife, were also killed after suffering crash-related injuries.
The ...Read More
Fatal kidnapping Business: GUO Transport, ABC Motors and God is Good, others Buses, targeted so far!
Armed assailants reportedly kidnapped an unknown number of passengers on a GUO Transport company bus, k!illing the driver in a gruesome attack.
Disturbing videos circulating online show the aftermath of the attack on the Hiace 14-seater bus, which was traveling from Lagos to Abuja. The footage shows the driver lifeless in front of the now-empty vehicle, leaving only a young girl behind.
According to sources within GUO Transport, the incident occurred on the remote ...Read More
Nigeria's heavy-handed Twitter ban in 2021 provides a sobering case study of the unintended harms of knee-jerk social media regulation.
The statistics speak for themselves - Nigeria lost an estimated $500 million to $1 billion over the nearly 7-month ban. Daily losses reached as high as $6 million, with the shutdown severely impacting small businesses dependent on Twitter for commerce and customer engagement.
Given these stark economic impacts, Bola Tinubu would be wise to carefully weigh the wider costs of any proposals to regulate social media. While combating misinformation is a worthy aim, Nigeria's experience shows such efforts can easily go too far and incur harms that outweigh the benefits.
Of course, ...Read More
Bola Tinubu claims that social media has become a major issue in society and must be regulated. Tinubu, speaking through his Chief of Staff, Femi Gbajabiamila, at a recent event in Lagos, emphasized the importance of accurate ...Read More
Police have rescued a Nigerian baby who was abducted and sold on the black market for approximately $1,800 by a maid in Lagos.
The kidnapping occurred early Saturday when Ruth Okezie, the domestic worker, vanished from the child's home in Shomolu around 2 a.m. Okezie came from Anambra State and was hired through an agency.
Okezie was discovered in Ikorodu without the baby after the family issued a social media alert. She admitted to selling the infant for 800,000 naira ($ ...Read More