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NEWS

Seven killed, 31 injured in Gombe road crash – FRSC

No fewer than seven persons lost their lives in a lone auto crash on Kaltungo-Cham Road in Gombe State. The Sector Commander, Mr Samson Kaura, Federal Road Safety Corps in the state, confirmed the incident on Thursday in Gombe. He said that 31 other persons sustained varying degrees of injuries in the lone trailer crash, which occurred at about 7:30  a.m. Kaura attributed the accident to the suspected brake failure […]

todayJanuary 3, 2025 6

NEWS

FG sympathises with S’Korea as 179 die in plane crash

The Federal Government on Sunday expressed sympathy with the government and people of South Korea following the tragic crash of Jeju Air Flight 2216. The crash occurred on Sunday, December 29, 2024, when the Boeing 737-800, returning from Bangkok, Thailand, attempted to land at Muan International Airport in southern South Korea. The plane skidded off the runway and collided with a wall, resulting in a fiery explosion. Out of the […]

todayDecember 30, 2024 7

NEWS

CBN blames ageing pipelines for oil revenue crash

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quarter of 2024 to ageing pipeline infrastructure and operational inefficiencies. According to the apex bank’s latest economic report for the third quarter of 2024, oil revenue fell by 24.72 per cent to N1.30tn compared to the second quarter of 2024. This drop was largely due to lower receipts from petroleum profit tax and royalties. […]

todayDecember 27, 2024 8

NEWS

Boxing Day: Two die, 15 injured in Lagos-Ibadan expressway auto crash

The Federal Road Safety Corps has confirmed the death of two people and 15 others injured in a lone accident involving a Toyota Hiace bus at Saapade on the Lagos-Ibadan Expressway, Ogun State. The spokesperson for FRSC in Ogun, Mrs Florence Okpe, confirmed the incident on Thursday in Abeokuta. Okpe noted that the accident occurred at 4:34 p.m. on Thursday. She explained that the incident was caused by tyre burst, […]

todayDecember 27, 2024 7

NEWS

Iranian general, pilot killed in helicopter crash

An Iranian Revolutionary Guards general and pilot were killed in a helicopter crash during an anti-terror operation in the country’s restive southeast, state media reported on Monday. The “ultra-light gyroplane” of the Islamic Revolutionary Guard Corps “had an accident while conducting combat operations” in a border area, the IRNA news agency said. It said the crash happened in Sirkan, a city in Sistan-Baluchistan province, and identified the dead as General […]

todayNovember 4, 2024 9

NEWS

ICYMI: FG gives traders one month to crash prices 

The Federal Competition and Consumer Protection Commission has given a one-month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices of goods. The newly appointed Executive Vice Chairman of the FCCPC, Mr Tunji Bello, said this at a one-day stakeholders engagement on exploitative pricing on Thursday in Abuja. According to Bello, the commission will begin enforcement after the moratorium. He said that the meeting […]

todayAugust 30, 2024 5

NEWS

Eleven dead, others injured in Abia auto crash

At least eleven persons were killed on Sunday, including two babies following a tragic road accident near Umuika Junction on the Enugu-Aba-Port Harcourt Expressway in Abia State. The road crash at about 12:45 pm happened when a Sienna car belonging to Abia Line Network crashed with a loaded truck. An eyewitness, who gave his name as Ochiegbu Marvelous, told ABN TV, that the driver slept off on the steering, lost […]

todayAugust 12, 2024 26

NEWS

14 die in Kogi auto crash

Fourteen people have lost their lives while 13 others sustained varying degrees of injury in an accident at Aloma community in Ofu Local Government Area of Kogi State. The accident which occurred on Sunday involved a Toyota Sienna bus heading toward Abuja from Port Harcourt and a Toyota Hiace bus heading to the Southern part of the country. Eyewitnesses said the accident occurred when two commercial Toyota buses had a […]

todayApril 22, 2024 55

BUSINESS

Naira crash pushes raw material imports to N3tn – NBS report

Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to the Foreign Trade Statistics data published by the National Bureau of Statistics. The major raw materials imported during the period included cane sugar, other lubricating oils meant to be mixed further, preparations of milk containing vegetable fats and oils, mixtures of odoriferous substances, sheets for veneering, among others. Conversely, Nigeria […]

todayApril 5, 2024 7

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