Nigeria’s Inflation Rate Rises To 32.7%

ADEOLA YUSUF

Nigeria’s inflation rate rose to 32.7 percent in September, reversing a two-month consecutive decline to 32.15% in August. The National Bureau of Statistics, NBS, disclosed this in its Consumer Price Index, CPI Report for September. The Bureau said: “In September 2024, the Headline inflation rate was 32.70% relative to the August 2024 headline inflation rate of 32.15%. Looking at the movement, the September 2024 Headline inflation rate showed an increase of 0.55% compared to the August 2024 Headline inflation rate. “On a year-on-year basis, the Headline inflation rate was 5.98%…

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Remove Defamatory Posts On Falana, Falz, Court Orders VeryDarkMan

ADEOLA YUSUF

The Lagos State High Court has ordered controversial social media critic Martin Otse, popularly known as VeryDarkMan, to remove defamatory comments and videos concerning lawyer and human rights activist Femi Falana (SAN) and his son, Folarin. Justice M. O. Dawodu delivered the ruling in suit no: ID/8584/GCM/2024 on Monday. According to him, the publications made by VeryDarkMan on his social media accounts on September 24, 2024, linking Bobrisky to Falz and his father were defamatory and injurious to their public image. In a Certified True Copy cited by our correspondent,…

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Two-Storey Building Collapses In Lagos

ADEOLA YUSUF

A two-storey building in Orile Iganmu area of Lagos State has collapsed. The building, which collapsed in Amusu Street, led to people scampering in different directions for safety. The catastrophic incident was disclosed by X users on Monday. READ ALSO: The $20M Fraud Case In US That Landed Air Peace CEO In Fresh Trouble ‘6th Time In 9 Months,’ How Grid Collapsed, Plunged Nigeria Into Darkness Dr. Abdulmumim Alao Elected President of UNILAG Muslim Alumni At 35th AGM Gov Suspends Aide Who Disclosed N70k Minimum Wage Approval As at the…

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The $20M Fraud Case In US That Landed Air Peace CEO In Fresh Trouble

ADEOLA YUSUF

US authorities charged the owner of Nigeria’s largest airline with obstruction of justice in a $20 million fraud case. The charge updates an indictment from five years ago in which he and an alleged accomplice were charged with bank fraud and money laundering. The US Department of Justice said Allen Onyema, founder and chief executive of Air Peace, faces the new charge of obstruction “for submitting false documents” to the US government. Onyema, 61, allegedly submitted the documents in a bid to end the investigation that led to the bank…

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‘6th Time In 9 Months,’ How Grid Collapsed, Plunged Nigeria Into Darkness

ADEOLA YUSUF

‘ ‘Zero MW,’ details of the total grid failure that grounded supply to 00 Mega watts The national electricity transmission system, otherwise known as the national grid, suffered a total collapse Monday’s evening plunging the country into total darkness. Platforms Africa reports that this is the sixth time in 2024 that consumers will experience power outages occasioned by incidents from the grid. After Platforms Africa Report, Oil Ministry Director Queried, Minister Disowns Claim After Platforms Africa’s Report Buhari Sets up 14 Man Committee on Fuel Crisis The failure, which started…

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Dr. Abdulmumim Alao Elected President of UNILAG Muslim Alumni At 35th AGM

ADEOLA YUSUF

Sports thespian and communication guru, Dr Abdulmumim Alao has emerged as president of the prestigious University of Lagos Muslim Alumni (UMA) at the end of its 35th annual general meeting on Sunday. The AGM held at hall 36 of the University of Lagos College of Medicine, Idi-Araba, Mushin Lagos was well attended by members who claded in various attires. Alao takes over from Prof Khalid Adekoya who steered the affairs of the alumni for the last two years. The Complete Sports Managing Director, at the end of the shurah committee…

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Chief Killed As Land Grabber Inflicts Mayhem On Delta Community

ADEOLA YUSUF

  . ‘Afront on Governor,’ Jerry Nkeweshe led Thugs and operated for hours in Onicha Olona without Police interference. This raised questions for Delta commissioner of Police, Delta CP Olufemi Abaniwonda, to answer – Residents   A suspected land grabber, Jerry Nkeweshe, has allegedly inflicted a mayhem on Onicha Olona, an agrarian community in Aniocha North Local Government Area of Delta State, leading to the death of a 64-year-old man, Mr. May Anwuzia, the Community town crier. Platforms Africa reports that Ishiekpe Quarters Onicha Olona had been in turmoil for…

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BREAKING: Libya Authority Bow To Pressure, Super Eagles Now En Route To Nigeria

ADEOLA YUSUF

After more than 14 hours of being detained at Al Abraq International Airport, the Libyan government has finally succumbed to pressure from various quarters and cleared the Nigerian flight to bring the players and officials back home. This was disclosed in a post by sports journalist Adepoju Tobi Samuel, popularly known as OgaNlaMedia. He said: “After pressure from several quarters, the Libyan government has agreed to issue clearance for ValueJet Airline to fly and sell aviation fuel to the airline. READ ALSO ‘I Have Escalated The Matter,’ Minister Speaks About…

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‘I Have Escalated The Matter,’ Minister Speaks About Super Eagles Ordeal In Libya

ADEOLA YUSUF

The Sports Minister, John Enoh said he has escalated the ill-treatment meted out to the Super Eagles by the Libyan authorities since they landed at the Al Abaq Airport on Sunday, to all concerned authorities. A statement by the Nigeria Football Federation (NFF) Communications Department on Monday said the team were left unattended to at the Al Abraq Airport. A video posted by the Eagles media team also confirmed the development, as the players and officials, along with their luggage, were left stranded at the airport, with the Libyan airport…

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Reps Consider Bill To Establish Bola Tinubu University

ADEOLA YUSUF

The House of Representatives has begun a move to establish the Bola Ahmed Tinubu Federal University of Nigerian Languages following the passage of a bill for first reading on Thursday. The bill, which is been sponsored by the Deputy Speaker, Benjamin Kalu, and eight others, is aimed at establishing a university for the promotion of the learning of Nigerian languages. According to section II part I of the bill, the university when established shall, “Encourage the advancement of learning and to hold out to all persons without distinction of race,…

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