August 2024
South Africa’s billionaire, Johann Rupert, overtakes Dangote as Africa’s richest man
South Africa’s Johann Rupert has displaced the President of the Dangote Group, Aliko Dangote, to become the richest man in Africa. Dangote, who had maintained the top position for several years, saw his wealth drop by $1.7 billion year-to-date in the latest Bloomberg Billionaires Index, on Wednesday as Rupert’s wealth increased by $1.87bn year-to-date. The […]
Typhoon forces Toyota to suspend operations in Japan
Auto giant Toyota said Wednesday it was suspending production at all its factories in Japan because of an approaching typhoon. “From today’s number-two (afternoon) shift through tomorrow’s number-one (daytime) shift, we will suspend all the production lines at domestic factories,” a Toyota spokesman told AFP.
Flights of fancy: Govs slammed for wasting N160bn on unviable airports
Six state governments including Ekiti, Ebonyi, Jigawa, Yobe, Nasarawa, and Bayelsa have spent about N160bn on airport projects that opposition politicians and aviation professionals classified as unviable. Stakeholders say the huge public funds expended on the facilities have amounted to waste. They condemned the state governors and asked Nigerians to hold them responsible for the […]
Breaking: Osun PDP Suspends Ex-Chief of Staff, Peter ‘Power’
The Osun State Chapter of People’s Democratic Party has suspended a Chieftain of the party, Elder Peter Babalola from the party, until further notice. This was contained in a letter, obtained by Affairs TV and jointly signed by 17 Executive Members of PDP Ward 7, Irewole Local Government, where he hails from. According to the […]
Tea vendor kills 20-year-old boy for allegedly stealing bread
The Police in Jigawa State have arrested a 40-year-old tea vendor, Abdulrashibu Ya’u over alleged beating of a boy to death in Dutse Local Government. A resident told DAILY POST that the incident happened on Monday at about 05:00 pm in Sararai village of Dutse Local Government area. He said the tea seller locked up […]
Nigeria’s first Olympic medallist Maiyegun dies at 85
Nigeria’s first Olympic medallist, Nojim Maiyegun, died on Monday, aged 85, PUNCH Sports Extra reports. The former boxer, who made history by winning a bronze medal at the 1964 Tokyo Olympics, passed away in Vienna, Austria, where he resided for several years after relocating from Nigeria. Multiple sources confirmed that Maiyegun died of natural causes […]
Naira depreciates to N1,610/$ in official market
The Naira yesterday depreciated to N1,610 per dollar in the parallel market from N1,600 per dollar last week Friday. Similarly, the Naira yesterday depreciated to N1,596.6 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1596.6 per dollar from N1,570.14 per […]
Tragedy as train crushes pedestrian to death in Lagos
Tragedy occured in Lagos, Monday, when a fast moving train crushed a yet to be identified person along the railway tracks at Cappa, Oshodi area of Lagos State. The incident, according to an eyewitness, Mr. Akin Rowland, happened around 3.pm. Men of the Lagos State Emergency Management Agency, LASEMA, who rushed to the scene subsequently, […]
How first class Bauchi emir of Ningi died in Kano
More information has reached Arewa PUNCH disclosing that the departed Emir of Ningi, Alhaji Yunusa Danyaya, passed on at the Expert Alliance Hospital in Kano. Our correspondent reports that the highly respected emir was admitted to the hospital two days after returning from a medical trip in Saudi Arabia. Earlier, the Secretary of the Ningi […]
Rivers community flees as oil spill destroys farmlands
A fresh oil spill has destroyed farmlands and boreholes in Rumuoduwere community in Elelenwo clan, Obio/Akpor Local Government Area of Rivers State. The spill which occurred on Sunday is alleged to be from a Shell Petroleum Development Company facility and has already sent the community members fleeing from the affected area. Speaking to newsmen shortly […]