Inflation fed by high oil and gas prices hit record levels in Europe for the third month in a row, extending pain for consumers and sharpening questions about future moves by the European Central Bank. The 19 countries that use the euro currency saw consumer prices increase by an annual 5.1 percent in January, the…
OPEC+ agreed on Wednesday to stick to moderate rises in its oil output, with the group already struggling to meet existing targets and wary of responding to calls on its strained capacity for more crude from top consumers to cap surging prices. The Organization of the Petroleum Exporting Countries and allies led by Russia, a…
Russian volunteers are being sought to reinforce separatist forces in eastern Ukraine over social media networking sites such as VK, the Russian-language equivalent to Facebook which has hundreds of millions of subscribers. Pinned to the top of a VK page titled “Army of the DPR”, which refers to the self-proclaimed Donetsk People’s Republic (DPR), one…
There was tension at the Shehu of Borno Palace in Maiduguri when a yet-to-be-identified policeman gunned down Donatus Vonkong, a Warrant Officer of the Nigerian Army. Multiple sources confirmed the incident to Daily Trust, on Wednesday, saying the policeman was under the influence of alcohol. The development caused pandemonium in the area as aggrieved youths…
A leader of the Civilian Joint Task Force in Borno State has died from an explosion suspected to have been triggered by mines planted by Boko Haram insurgents. Five other persons sustained injuries in the incident which happened in Biu Local Government Area of Borno. Until his death, Ibrahim Maliya Saidu, the deceased, was the…
Former presidential candidate and Revolution Now convener, Omoyele Sowore, has described as dead on arrival the presidential ambition of a chieftain of the All Progressives Congress, Asiwaju Bola Tinubu, that of Vice President Yemi Osinbajo and former governor of Anambra State, Peter Obi. Recall that Tinubu, a former governor of Lagos State, had in January…
•Publisher commends Governor, LASG EXCO for delivering on promises Trust Africa News.By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, on Tuesday said completion of the Lekki Port will put an end to the intractable Apapa gridlock, the congestion along Oshodi-Apapa Expressway, port access roads and Apapa environs. Governor Sanwo-Olu made the statement at the…
President Muhammadu Buhari says the Federal Government remains committed to honouring promises made to the Academic Staff Union of Universities (ASUU). This, he said was to prevent disruptive strikes, engender uninterrupted academic programmes and improve funding of education institutions. The President made the pledge when he received members of the Nigeria Inter-Religious Council (NIREC) led…
A businessman, Chief Abdulwahid Adeleke, has dragged the United Bank for Africa (UBA), to court demanding N50 million in damages for alleged corporate bullying.Adeleke, the Managing Director of Biospheres Technologies Limited (claimant), through his counsel, Adam Ugwuanyi, had dragged the bank before Justice F. E. Messiri of FCT High Court, Apo, in a writ of…
