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Bandits Abduct Zamfara College Students, Demand N350M Ransom
Infamous bandits in Northern Nigeria have abducted not less than 20 people in another violent attack in the College of Agriculture and Animal Science in Zamfara State. A police officer and three security officials were killed during the incident The bandits responsible for the attack have now demanded N350 million as a ransom for their…
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Wildfires In Algeria Linked To Brutal Lynching Of A Villager
Authorities in Algeria have linked last week’s outbreak to a brutal mob killing and burning of a man in a town in Algeria’s Kabyle region. A man identified as Djamel Ben Ismail, 38, was lynched and burnt to death outside a police station on the main square in the town of Larbaa Nath Irathen, a village…
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Federal Government Approve Toll On Highways
Nearly two years after the Minister for Works and Housing Babatunde Fashola announced the re-introduction of toll plazas on federal roads, the Federal Government has now approved a toll payment plan across the country. The ministry revealed that the payment plan is part of a Federal Roads and Bridges Tolling Policy and Regulations approved by…
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Ethnic Violence In Cameroon Forces Thousands To Flee
According to the UN, over 10,000 people, mostly women and children, have fled into Chad from northern Cameroon after deadly clashes between herding and fishing communities. The violence erupted on Tuesday in the Far North region, a part of the country that is wedged between Nigeria to the west and Chad to the east. At…
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FG Hikes Driving Licence Rate By 50%
The Joint Tax Board has announced the implementation of over 50% raise on the rates for vehicle number plates and driving licences across the country. Nigerians will now pay N18,750 for standard private and commercial number plates against the old rate of N12,500. Fancy number plate previously N80,000 is now N200,000; motorcycle number plate is…
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Ivory Coast Records First Case Of Ebola In 25 Years
Health Minister, Pierre N’Gou Dimba, has announced the country first Ebola case in 25 years. Dimba publicly shared that officials confirmed the case after testing samples from an 18-year-old female who travelled from neighbouring Guinea. “This is an isolated and imported case,” he said, adding that the patient was currently being treated in intensive care…
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NNPC Incurred N473bn Loss Operating Moribund Refineries
The Nigerian National Petroleum Corporation incurred a loss of N473.3bn in operating moribund refineries between January 2015 and February 2021. This is according to a new report by SBM Intelligence, a geopolitical and socioeconomic research firm. The report titled ‘Nigeria’s moribund refineries’ said Nigeria’s refineries had become a costly pastime, adding that the NNPC…
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6 Banks Earn N14.2bn From Account Maintenance Fee
The Nigerian Exchange Limited has revealed that six Nigerian banks have realized N14.2 billion, up from the N9.8billion from account maintenance fee. This is according to a breakdown of the half year unaudited financial statements of the six banks. Account maintenance fee is a charge that account holders may incur monthly just for having a…
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50% Of Nigerian Children Are Unregistered
The United Nations Children’s Fund has said that less than 50 percent of children under five years in Nigeria were registered at birth. In a statement released by UNICEF, it said children in Africa have the lowest birth registration rate globally, with Nigeria accounting for 11 percent of the rate in West Africa. The UN…
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In Five Months, FG, States, LGs Suffer N329.6bn Shortfall
The Federation Account Allocation Committee shared the sum of N3.18tn to the three tiers of government between January and May this year. The FAAC –managed on a legal framework– allows funds to be shared under three major components. They are statutory allocation, Value Added Tax distribution; and allocation made under the 13 percent derivation principle.…