Author: Staff Reporter

In a move to bolster the nation’s economy, President Bola Tinubu has requested the Senate’s approval to inject N6.2 trillion into the 2024 budget. This supplementary funding, outlined in a letter read by Senate President Godswill Akpabio, aims to enhance capital expenditure and recurrent expenditure for the year ending December 31, 2024. The request seeks to withdraw N3.2 trillion from the Consolidated Revenue Fund for capital expenditure and an additional N3 trillion for recurrent expenditure. Furthermore, the President is seeking an amendment to the Finance Act of 2023 to impose a windfall tax on banks, providing for its administration and…

In a historic moment, King Charles III will deliver the UK government’s programme for the next 12 months on Wednesday, outlining Labour’s first legislative agenda in over 14 years. Prime Minister Keir Starmer’s vision prioritizes boosting the economy, creating wealth, and driving progress. Starmer vowed, “Now is the time to take the brakes off Britain. I am determined to create wealth for people up and down the country. It is the only way our country can progress.” The speech, written by the government, will propose over 35 bills, including measures to control public spending, prevent utility price hikes, and promote…

Renowned singer Davido has declared that Afrobeats artistes have finally bridged the gap with international music giants, likening their success to that of Drake. Speaking at a panel discussion with the United States Advisory Council on Africa Diaspora Engagement and Leaders in Nigeria’s Creative Industries, Davido emphasized the genre’s rapid growth and commercial success. “Afrobeats artists are now selling the same tickets as Drake. One song as an Afrobeats artiste can change your generation,” he said, highlighting the impact of Afrobeats on the global music scene. Davido encouraged young artistes to collaborate with their peers, stating, “When you collaborate with…

Justice Hamza Muazu of the Federal Capital Territory High Court in Maitama has rejected an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to travel to the United Kingdom for a medical check-up. Emefiele, facing a 20-count charge of procurement fraud, obtaining by pretense, and forgery, failed to provide sufficient reasons for the trip, according to the judge. Despite claiming a medical appointment, he did not present a copy of the invitation or appointment letter. The judge ruled that Emefiele’s ailment could be treated in Nigeria and expressed concerns about his potential flight risk due to ongoing…

New research indicates that the plate tectonics responsible for earthquakes, mountain building, and continental drift may have commenced when Earth was in its infancy, significantly earlier than previously thought. The study, published on July 8 in the journal PNAS, suggests that plate tectonics started more than 4 billion years ago, shortly after the planet’s formation 4.5 billion years ago. During the Hadean era, Earth was a hot, volatile environment with an ammonia-and-methane atmosphere and enough water to form a global ocean. As the planet cooled, a solid outer crust developed, which today is shaped by the movements of tectonic plates…

The campaign team of US President Joe Biden has launched a scathing attack on Donald Trump’s newly announced running mate, J.D. Vance, labeling him a “far-right MAGA extremist”. In a statement released on Monday, Biden’s team highlighted Vance’s controversial views, including his denial of the 2020 election results, support for a national abortion ban, and vote against IVF access. President Biden himself took aim at Vance’s claims to be a champion of working people, saying, “Vance talks a big game about working people. But now, he and Trump want to raise taxes on middle-class families while pushing more tax cuts…

Osun State Governor Ademola Adeleke’s phone number has been compromised, according to a statement by his spokesman Olawale Rasheed on Tuesday. The affected number, +234 803 365 7555, is no longer secure, and the public is advised to ignore any messages or requests from this line. Rasheed assured that measures are being taken to address the situation, saying, “Please disregard any solicitation from +234 803 365 7555. Appropriate action is ongoing to remedy the situation.” The authorities are investigating the breach and working to secure the governor’s communication channels. The public is urged to be vigilant and report any suspicious…

As our reliance on smartphones grows, so does the need to ensure they remain charged and functional. However, common charging mistakes can harm your phone’s battery and even pose safety risks. In this article, we explore the dos and don’ts of phone charging to help you extend your battery life and keep your device running smoothly. OVERCHARGING: AVOID IT! Lithium-ion batteries, used in modern phones, have limitations. Avoid completely draining or overcharging your battery, as this can reduce its capacity over time. Unplug your phone once it reaches 100%. CHARGE SAFELY Charging can warm up your phone, so avoid placing…

Popular skit maker, Sabinus, has expressed gratitude to God for the safe release of his father, who was abducted by kidnappers in Rivers State. The incident occurred on Wednesday, resulting in the death of a security operative. In a post on his Instagram page, Sabinus revealed that a ransom was paid for his father’s freedom, but did not disclose the amount. He stated, “Kidnappers who kidnapped my father could still watch my content and laugh; life is like that. But we thank God for providing it; otherwise, I would have been so sorry. Thank you, Lord.” Sabinus’ father was released…

China’s economy grew at a slower-than-expected rate in the second quarter, expanding by 4.7 percent, official statistics showed on Monday. This represents the slowest rate of growth since early 2023, when the country was recovering from a zero-Covid policy that stifled growth. Analysts had expected a growth rate of 5.1 percent. The figures were released as China’s ruling Communist Party began a key meeting focused on the economy, led by President Xi Jinping. The meeting, known as the Third Plenum, is expected to tackle the country’s deepening economic challenges, including a real estate debt crisis, weakening consumption, and an ageing…