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Sierra Leone President Julius Maada Bio said most of the leaders of an attack on a military barracks in the capital Freetown earlier on Sunday had been arrested, adding that security operations and an investigation were ongoing. "We will ensure that those responsible are held accountable," Bio said on national television. "As your commander-in-chief, I want to assure everybody who is resident in Sierra Leone that we have overcome this challenge," he said, and calm had been restored. Earlier, the government said security forces had repelled "renegade soldiers" who attempted to break into a military armoury in Freetown during the…
Nigeria’s gross domestic product (GDP) grew by 2.54 percent in the third quarter (Q3) of 2023, according to the National Bureau of Statistics (NBS). The growth rate is higher than the 2.25 percent recorded in the same quarter last year and higher than the second quarter 2023 growth of 2.51 percent by 0.03 percent. NBS disclosed this in its GDP report for Q3, released on Friday. The bureau said the growth rate was driven by the services sector. “The performance of the GDP in the third quarter of 2023 was driven mainly by the Services sector, which recorded a growth…
Nigeria has finished 144th position in the 2023 safest countries in the world ranking.The yearly Global Peace Index ranks 163 independent states and territories according to their level of peacefulness. In the latest report, Nigeria sank one step from 143rd position recorded in 2022, though two steps higher than 146th recorded in 2021. Several African countries are adjudged more peaceful than Nigeria. They are: Mauritius, finishing in 23rd position globally; Sierra Leone 47th; Ghana 51st; Senegal 52nd; Madagascar 55th; Namibia 56th; The Gambia 59th; Zambia 63rd; Liberia 70th; Malawi 74th; Tunisia 81st and Equatorial Guinea 82nd. Others are: Angola and…
Most of the attention to what Ukraine needs in its protracted struggle to free its territory from the invading Russian forces has focused on hardware: tanks, fighter jets, missiles, air-defence batteries, artillery and vast quantities of munitions. But a less discussed weakness lies in electronic warfare (EW); something that Ukraine’s Western supporters have so far shown little interest in tackling. Russia, says Seth Jones of the Centre for Strategic and International Studies, a think-tank in Washington, has for many years placed a “huge focus” on using its military-industrial complex to produce and develop an impressive range of EW capabilities to…
Federation account allocation committee (FAAC) says it shared N906.955 billion with the three tiers of government in October 2023. The figure represents an increase of N3.48 billion compared to the September disbursement of N903.48 billion. The committee disclosed this in a communique issued on Wednesday at the end of its November retreat held in Asaba. According to the statement, the N906.955 billion was drawn from statutory revenue of N423.01 billion, value-added tax (VAT) of N305.070 billion, N323.446 billion from electronic money transfer levy (EMTL), and N15.552 billion from exchange difference. It also comprised exchange difference revenue of N202.887 billion and…
Nigerian authorities are closely monitoring and working to contain an oil spill that occurred during loading operations at the TotalEnergies operated Egina field on Nov. 15, the maritime agency said on Wednesday. Nigerian Maritime Administration and Safety Agency (NIMASA) is collaborating with the spill detection agency and the oil industry regulator to contain the spill, though the volume is not yet confirmed, spokesperson Osagie Edward said in a statement. A TotalEnergies spokesperson said the spill impact was minimal and production at the 200,000 barrel-per-day capacity oilfield was not affected. The company is working with local authorities to clear the resident…
Service Chiefs on Tuesday in Abuja appeared before the House of Representatives at plenary on a sectoral debate for MDAs, recounting activities aimed at combating the surging insecurity challenges in the country. Those present included the Chief of Defense Staff, Christopher Musa; Chief of Army Staff, Taoreed Lagbaja; and Chief of Naval Staff, Emmanuel Ogala. Others were the Chief of Air Staff, Hassan Abubakar, and the Inspector General of Police, Kayode Egbetokun. In his submission, Chief of Defence Staff (CDS), Musa blamed the judiciary for releasing arrested Boko Haram suspects after being arrested by the military. “I have been in…
Nigerian and German companies on Tuesday signed two accords in Berlin that include a $500 million renewable energy pact and a gas export deal, further strengthening economic ties between the two nations, a presidential spokesperson said. Union Bank of Nigeria and Germany's DWS Group signed a memorandum of understanding (MoU) on renewable energy. The agreement seeks to harness $500 million in investment in renewable energy projects across Nigeria, mostly in rural communities, spokesperson Ajuri Ngelale said in a statement. A second MoU on gas export partnership was agreed between Riverside LNG of Nigeria and Germany's Johannes Schuetze Energy Import AG.…
Federal government has revoked 1,633 mining licenses due to default in payment of stipulated service fees by operators. In a statement on Tuesday, Dele Alake, minister of solid minerals development, said the revocation became necessary after the expiration of a 30-day notice to defaulters — as stipulated by sections 11 and 12 of the Nigerian Mineral Mining Act (NMMA), 2007. Alake, in the statement issued by Segun Tomori, special assistant on media to the minister, said the ministry began the process of revoking 2,213 titles on October 4, 2023. “In compliance with the law, the Mining Cadastral Office (MCO) on…
Central Bank of Nigeria scrapped a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post in September, raising concerns about attempts to bolster the nation’s currency that’s plunged about 42% this year and is fueling inflation. A calendar of MPC meetings published on the central bank’s website had scheduled the next gathering for Monday and Tuesday. The “MPC is not holding” a meeting this week, Isa Abdulmumin, spokesman for the bank, said by text message on Monday. He didn’t give a date for when it would be held. Investors have…
November 23, 2024

NNPC not delivering quantity of crude oil agreed on, Dangote refinery says

The federal government's plan to sell crude priced in the local currency is faltering, with…
November 22, 2024

Tinubu’s borrowing spree retuning Nigeria back into debt peonage - Atiku

Former Vice President Atiku Abubakar has criticized the President Bola Tinubu-led administration for the increasing…
November 23, 2024

Do these 3 things to feel happier today—they take less than 10 minutes

Prioritizing your joy can feel like an abstract assignment that, frankly, many of us don't…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 23, 2024

What to know after Day 1003 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Putin announces mass production of Oreshnik missiles Russian President Vladimir Putin confirmed on…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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