Factory Accident: 18 Chinese Among 22 Dead In South Korea

Over 100 people were working in the factory when workers heard a series of explosions from the second floor, where lithium-ion batteries were being inspected and packaged, firefighter Kim Jin-young told the media. In the massive blaze that ensued, twenty-two people were killed, including 20 foreign nationals — 18 Chinese, one from Laos, and one…

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Kano State Govt Approves N99m to reconstruct Bayero’s palace

The Kano State Executive Council has approved the sum of N99,928,541.63 for the reconstruction and renovation of the defective wall fence and surroundings at the Nasarawa Emir’s palace, where the 15th Emir of Kano, Alhaji Ado Bayero, currently resides. Governor Abba Yusuf disclosed this on his official Facebook page as the outcome of the council’s…

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Stanbic IBTC Insurance commence education endowment plan

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has launched its Education Endowment Plan, which empowers parents and guardians to secure the academic future of their children or wards. At the launch of the plan in Lagos recently, it was revealed that the education endowment plan encouraged parents and guardians to adopt a long-term…

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NNPC extends $700m gas pipeline delivery date to August

The delivery date for the completion of the $700m Obiafu-Obrikom-Oben gas pipeline project, popularly called OB3, has been shifted from March 2024 to August, as the Nigerian National Petroleum Company Limited announced its readiness to complete the facility. On February 28, 2024, The PUNCH reported that the Federal Government had declared that the project would…

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Rivers: LG Caretaker Chair, Backs Police Action, Kick Against Protests

The chairmen stated this under the aegis of Association of Local Governments of Nigeria (ALGON) at a briefing in Port Harcourt, the state capital, on Sunday. The Chairman of the association and Administrator of Port Harcourt Local Government Area, Ezebunwo Ichemati, warned against protest at the council headquarters on Monday. He said the protest is…

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Fire gut Christ Embassy Headquarters Church in Lagos

An eyewitness confirmed this to Trust Africa News Multiple have also shown the massive edifice being destroyed yesterday by fire. The fire which broke out in the early hours of Sunday caused significant damage to the church property, sending shock waves throughout the immediate community and beyond.Officials of the Lagos State Fire and Rescue Service…

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Nigerians Borrow ₦3.9bn As Inflation Heightens — CBN

According to the apex bank’s latest monthly economic report, the total consumer credit outstanding increased to N3,823bn in January 2024. The report further explained that a disaggregation of consumer credit revealed, that personal loans increased by 14.3 per cent to N3,028bn from N2,649bn in December 2023. Retail loans rose by 4 per cent to N795bn,…

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