Author: Yusuf Lawal

A tragic incident occurred in Kaduna State on Monday morning when a Nigerian Air Force helicopter crashed in the Tami community, Igabi Local Government Area. The crash occurred at approximately 5 a.m., causing alarm among local residents. The NAF helicopter was on a routine operational flight when it experienced technical difficulties, leading to the crash. Fortunately, the pilot executed emergency protocols effectively, ensuring his survival. Locals who witnessed the crash reported hearing a loud sound and rushing to the scene, where they saw the pilot emerge from the wreckage. “We heard a loud noise and rushed to the scene. We…

The Central Bank of Nigeria (CBN) has reported that the country’s external reserves have continued to rise, reaching $34.14 billion on Friday, June 30, 2024. This represents a 4.06% increase from the $32.74 billion recorded on June 3, 2024. World Bank Loans Boost Reserves The recent loans secured from the World Bank have contributed significantly to the growth of Nigeria’s reserves. In May, the Federal Government received a $500 million loan to improve the country’s electricity distribution sector. Additionally, the World Bank announced that Nigeria would receive $2.25 billion in support to stabilize the economy. Economic Impact The World Bank…