Nigeria’s annual inflation rate eased for the first time in five months after a persistent rise. Inflation rate eased to 33.40 per cent in July 2024 compared to 34.19 per cent in June, the National Bureau of Statistics (NBS) announced Thursday. According to the NBS, the July headline inflation rate showed a decrease of 0.8…
The Federal Ministry of Art, Culture, Tourism, and Creative Economy has announced the introduction of the Creative Economy Development Fund which is tailored to roll out loan opportunities for creatives. In a statement by Nneka Anibueze, Special Adviser to the minister of Arts, Culture and Creative Economy, Hannatu Musawa on Monday, the ministry invited eligible…
US President-elect Donald Trump, has been sentenced by a judge to an unconditional discharge on Friday. He was sentenced for covering up hush money payments to a porn star despite the US president-elect’s last-ditch efforts to avoid becoming the first felon in the White House. “This court has determined that the only lawful sentence that…
South Korean authorities have detained President Yoon Suk Yeol for questioning on charges of leading an insurrection over his brief imposition of martial law last month. According to reports, a warrant to detain Yoon was executed shortly after 10:30am local time on Wednesday, citing the Corruption Investigation Office for High-ranking Officials (CIO). “To prevent an…
An officer of the Osun State Security Network Agency, also known as Amotekun Corps, has been killed by suspected hoodlums at Papa Farm Area, in Iwo Local Government Area of the state. Confirming the killing on Thursday, Yusuf Idowu, the spokesperson for the Corps, told the News Agency of Nigeria that the incident happened on…
Vladimir Putin has staged a show of Russia’s nuclear strength by placing a ballistic missile into its launcher shortly Donald Trump’s re-election. The move hints at a World War 3 warning by the Russian leader, who ordered the hulking Yars intercontinental ballistic missile into a silo launcher at Russia’s Kozelsk missile unit in Kaluga. Yars…
Technology advisor at TMB Tech, Akin Ibitoye, has issued a stern warning to Nigerians about the health and safety risks of sleeping with mobile devices under their pillows or beside their beds. Speaking on the Morning Brief on Channels Television on Monday, Ibitoye highlighted the dangers posed by mobile gadgets, ranging from disrupted sleep patterns…
GISTSMATE MEDIA reports that Aliko Dangote, the Chairman of Dangote group, has officially confirmed rollout Premium Motor Spirit (PMS), also known as petrol from its refinery. Dangote, while addressing the press on Tuesday, described the development as a turnaround for the country after many years of not producing a single litre of petrol. The group…
GISTSMATE MEDIA reports that the Police authorities in Abuja have given fresh update on the popular cross-dresser recently killed in Abuja. Recall that the remains of Abuja Area Mama, a male cross-dresser and TikToker, was found along a highway in the nation’s capital city on August 8. In a statement on Wednesday, FCT police spokesperson,…
The Federal Government will on Monday arraign five suspected terrorists linked to the notorious terrorist kingpin, Bello Turji, at a Federal High Court in Abuja. The suspects, who were arrested by the security agencies, will be arraigned by the office of the Attorney-General of the Federation before Justice Emeka Nwite, a vacation judge. Although they…