Paul Alaje: Inflation Rebasing Won’t Ease Hardship

By Ayomide Otitoju Economist Paul Alaje has stated that while the recent inflation rebasing by the National Bureau of Statistics (NBS) may boost investor confidence, it does not alter the economic hardships faced by Nigerians, particularly high food prices. Speaking on Politics Today on Channels Television, Alaje noted that prior to the rebasing, food inflation…

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Pope Francis Spends Fifth Day in Hospital, Discharge Date Still Uncertain

Pope Francis spent his fifth day in Rome’s Gemelli Hospital on Tuesday, reading newspapers and having breakfast as usual, but remains under medical care with no clear timeline for discharge. The 88-year-old pontiff was hospitalized last Friday for bronchitis, and on Monday, the Vatican announced a change in treatment due to a “complex” clinical picture….

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Nigeria’s Inflation Rate Drops Sharply to 24.48% in January 2025 – NBS

By Ayomide Otitoju Nigeria’s headline inflation rate dropped sharply to 24.48% year-on-year in January 2025, following a significant decline from 34.80% recorded in December 2024, according to the National Bureau of Statistics (NBS). Announcing the latest figures on Tuesday, Statistician-General of the Federation, Adeyemi Adeniran, explained that the decline follows a rebasing of the Consumer…

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US, Russia Hold Landmark Talks in Saudi Arabia Amid Ukraine Tensions

Top U.S. and Russian diplomats met in Saudi Arabia on Tuesday for their first high-level talks since Russia’s invasion of Ukraine, marking a potential reset in relations between Washington and Moscow. While both sides downplayed expectations of a breakthrough, the meeting has raised concerns in Kyiv and across Europe, particularly in light of recent U.S….

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APC Chieftain Presses Sanwo-Olu to Speak on Lagos Assembly Leadership Crisis

A chieftain of the All Progressives Congress (APC), Babatunde Bank-Anthony, has called on Lagos State Governor Babajide Sanwo-Olu to break his silence on the ongoing leadership crisis in the Lagos State House of Assembly. Speaking on Channels Television’s Sunrise Daily on Tuesday, Bank-Anthony emphasized the need for the governor to address the situation publicly. “I…

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Chaos at Lagos Assembly as Security Blocks Speaker’s Office

By Ayomide Otitoju The Lagos State House of Assembly was thrown into chaos on Monday as security operatives attempted to prevent Speaker Mojisola Meranda from accessing her office, leading to a dramatic standoff between assembly workers and law enforcement agents. After hours of resistance, Meranda, who was heavily guarded by lawmakers and assembly workers, gained…

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Lafarge Africa, Lagos Govt Partner on Solid Waste Management

By ayomide Otitoju Lafarge Africa Plc, a leading provider of innovative and sustainable building solutions, has signed a Memorandum of Understanding (MoU) on solid waste management with the Lagos State Ministry of Environment and Water Resources through the Lagos State Waste Management Authority (LAWMA). The initiative aligns with Lafarge’s ambitious zero waste to landfill objective….

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