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Following continuation of economic downturn, all areas of Nigerian lives and plans are also striving to grapple with the situation, as areas like housing and rent are also being affected. Nigerians have adapted to building with cement, but now have to go for other alternatives, as the price of cement is now on the high…
Waidi Saheed, a 69-year-old commercial bus driver, has been locked up by police for allegedly crushing a 10-year-old boy, simply identified as Chukwudi, to death at the Iganmu-Mile 2 Expressway in Lagos State. The newskingdom gathered that the sad incident occurred at about 8:30 a.m. on Sunday. According to the report, the driver of the…
Senator Abubakar Kyari, the Minister of Agriculture and Food Security, , has announced that the Ministry of Agriculture in Nigeria will commence the distribution of 42,000 metric tons of grains across all 36 states of the federation. According to him, President Bola Tinubu has approved the distribution in an attempt to quickly address the current…
Following unfortunate development about skyrocketed prices of food, all basic needs of life and economic hardship threatening standard of living of Nigerians, the government of Ukraine recently donated 25,000 tonnes of wheat as emergency food assistance to 1.3 million vulnerables, crisis-affected people in Nigeria’s northeastern region, a development which Mr Peter Obi described as…
Today Monday 4th March, the residents of Iddo-Sarki along Airport Road of the Federal Capital Territory, Abuja, protesting against taking over of their legally owned land by the Nigerian Navy. According to the source, it was reliably gathered that two weeks ago, there was tension among the residents following the mounting of demolition signposts by…
Strategic plan of the Federal Government of Nigeria to reduce rising inflation will lead to cash mop up of N5 trillion from the banking industry as the Central Bank of Nigeria, CBN trying to implement the hike in banks’ Cash Reserve Ratio, CRR to around 45 per cent. The Cash Reserve Ratio which represents banks’…
Two herders were reportedly shot dead in the evening of Saturday 2nd March, 2024 and nothing less than 223 cows were rustled by bandits at Haying-Dam, in Kachia local government area of Kaduna State. In their large numbers, the bandits reported to have attacked three herders’ camps in the area with AK-47 rifles. The newskingdom…
Micheal, a 3-years old boy has been reportedly burnt to death in an inferno that occurred on Olorunshogo street, Ejigbo in Lagos state on March 2nd, 2024. Information gathered revealed that the inferno occured as a result of candle that was lit in one of the rooms. The room caught fire and extended to other…
The international investors, most especially potential ones from Qatar has been told to report any government officials that demands bribe from them. Said President Bola Tinubu. The President further guaranteed the international business community that Nigeria is seriously ready for business as his administration will deal decisively with any and all entrenched interests in the…
Dollar to Naira Exchange rate at the black market, also known as the parallel market (Aboki fx) as at 1st March ? At Lagos, the players buy a dollar for N1,490 and sell at N1,500 on Friday 1st March 2024, according to sources at Bureau De Change (BDC). Central Bank of Nigeria (CBN) has claimed…