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Daily Archives: September 29, 2022

11 killed, dozens missing after attack on Burkina Faso convoy

11 killed, dozens missing after attack on Burkina Faso convoy

Burkina Faso’s government says at least 11 soldiers have been killed and 50 civilians were missing after armed fighters attacked a 150-vehicle military-escorted convoy taking supplies to a northern town. In a statement on Tuesday, the government said the assault [...]

September 29, 2022 Security
Economy in rare credit squeeze as CBN continues with 20-year-high interest

Economy in rare credit squeeze as CBN continues with 20-year-high interest

It was another audacious response from the Monetary Policy Committee (MPC), yesterday, as it increased the benchmarked interest rate by another 150 basis points (bps) in a fell swoop to rein in extreme inflation and manage an uncertain economic outlook. [...]

September 29, 2022 Economy
FEC approves N27bn for road project linking Ondo, Edo

FEC approves N27bn for road project linking Ondo, Edo

The Federal Executive Council (FEC) has approved N27 billion for the rehabilitation of a 27km road linking Ondo and Edo states. Minister of Information and Culture, Lai Mohammed, revealed this to State House correspondents at the end of the Council [...]

September 29, 2022 Real Estate
Five Nigerian Soldiers Killed As Gunmen Attack Anambra Community

Five Nigerian Soldiers Killed As Gunmen Attack Anambra Community

Gunmen have reportedly killed five soldiers in Anambra while one of the assailants reportedly lost his life. The incident occurred around 1 pm on Wednesday in Umunze, Orumba South Local Government Area of the state. SaharaReporters gathered that the incident [...]

September 29, 2022 Security
NDLEA: Falz Faults Burning Of Cocaine Worth N194bn

NDLEA: Falz Faults Burning Of Cocaine Worth N194bn

Nigerian rapper, Folarin Falana, popularly known as Falz, has reacted to the burning of 194 billion Naira worth of cocaine by the National Drug Law Enforcement Agency. Last week, the agency reported a large scale drug bust carried out in [...]

September 29, 2022 General