News Archives - Page 491 of 595

Aug

14

2023

Residents Flee As Robbers Set Fire to Monarch’s Palace In Imo

Metro, NewsCrime, Gunmen, Imo State, Metro, UGM

Eze Kanu Ikenolu, the traditional leader of the Ndia Iche Arondizuogu village in Imo State's Ideato North Local Government Area, was killed by gunmen who torched his country house. The monarch's family members and other people ran into the bushes as a result of the incident, OHAFIATV News learned. According to information obtained by our correspondent, the assailants tossed explosives into the mansion, setting the home, the parked cars in the area, and other items on fire. According to a villager who spoke to our correspondent under the condition of anonymity, the arsonists burned properties worth millions of naira. He…

Aug

14

2023

By Amos Oge Kalu

Forex: CBN takes action to halt the naira’s wild collapse

Business, Economy, Metro, News2023, Business, CBN, Economy, Metro, Next Level

According to the Central Bank of Nigeria, fresh steps would be taken to stabilize the naira's value relative to the dollar. After meeting President Bola Tinubu on Monday at the State House about the bank's efforts to stop the decline, Folasodun Sonubi, acting governor of the CBN, disclosed the information. According to him, President Tinubu voiced his concern about the effects of recent changes in the foreign exchange market, particularly on regular people. The CBN is aggressively trying to increase market liquidity and stability, including resolving challenges in the parallel market, Sonubi said he promised the President. Sonubi emphasized that…

Aug

09

2023

By Amos Oge Kalu

Sea ports, new cities will soon arise in the Southeast – Iwuanyanwu

Economy, News, Opinion, PoliticsBiafra, Economy, Iwuanyanwu, Ohanaeze Ndigbo, Politics

Chief Iwuanyanwu, who revealed the information in a conversation with one of our correspondents on Monday night, asserted that the South East merited a working sea port in light of the region's significant investment and participation in trade and commerce. He expressed confidence that initiatives to involve the required parties in the idea would be effective. "We'll be constructing additional cities in Igbo land very soon. We also anticipate a seaport. Before I pass away, we want Igbo land to be beautiful and our children to be proud of Igbo territory". Chief Iwuanyanwu Chief Iwuanyanwu said Ohanaeze was dedicated to…

Aug

09

2023

By Amos Oge Kalu

Abia state to provide land as Hungarian company invests $1.5 million to increase manufacturing

Abia State, Business, Economy, News, PoliticsAbia State, Alex Otti, Business, Economy, Politics

The creation of a manufacturing plant within the state is subject to negotiations with the Hungarian company Ortoprofil, which have been authorized by the governor of Abia State, Alex Otti. According to information obtained by Nairametrics, Ortoprofil intends to invest $1.5 million in the state of Abia to create raw materials, shoes, prosthetics, and other items through a partnership. The Governor's Chief Press Secretary (CPS), Kazie Uko, released a statement on Monday announcing this event. The choice was made during a meeting over the weekend between high-ranking members of the Hungarian government, led by Mr. Gabor Kruss, Deputy Ambassador of…

Aug

08

2023

By Amos Oge Kalu

After pushing a man into BRT lane, mob in Lagos beats police officer to unconscious.

NewsCrime, Lagos, Metro, Police, Security

In the Ketu neighborhood of Lagos State, a guy named Yusuf was allegedly pushed by officers, and as a result, he was struck by a BRT vehicle and knocked unconscious by a mob. The policeman and his colleagues were attempting to remove Yusuf from his vehicle when he was forced into the BRT lane, according to eyewitnesses at the scene who spoke to our reporter.. Yusuf was struck by one of the BRT buses operating in the lane leading into Lagos during this process, and he collapsed as a result of the collision. An eyewitness who did not want her…