NewsReports

Philadelphia (AP) — An elevated section of Interstate 95 collapsed early Sunday in Philadelphia after a tanker truck carrying flammable cargo caught fire, closing a heavily traveled segment of the East Coast’s main north-south highway indefinitely, authorities said. Transportation officials warned of extensive delays and street closures and urged drivers to avoid the area in the city’s northeast corner. Officials …

President Bola Tinubu’s removal of fuel subsidy during his inaugural speech on 29 May is a steely resolve well made. But it has set the alarm bells ringing. The decision sits well with the World Bank, IMF and technocrats who had engaged in long advocacy for it; but not so for the downtrodden, who see only the painful effects that go with …

The Presidency on Sunday explained its decision to back a Christian as a Senate President. It explained that Nigeria could not afford to have a Muslim as a Senate President at this time having produced Muslims as President and the Vice-President. Vice-President Kashim Shettima, who said these at  a dinner with lawmakers across party lines in Abuja on Saturday night, …

Across the length and breadth of the country, Nigerians of voting age, came out to elect Chief Moshood Abiola on June 12, 1993, who despite running alongside a fellow Muslim, garnered sufficient votes to win the presidential poll. In a dramatic twist however, the military government cancelled the election, sparking violent skirmishes nationwide, which culminated in the arrest, imprisonment and …

President Bola Tinubu on Monday addressed Nigerians in commemoration of 2023 Democracy Day with promises to respect rule of law and reward Nigerians for their sacrifices on subsidy removal. Read full speech below. TEXT OF DEMOCRACY DAY NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON JUNE 12, 2023. Fellow Nigerians, 2. It is exactly three decades today that Nigerians went …

The Nigerian government has issued a fresh alert over a possible outbreak of a bacterial disease that “affects both animals and man”. A statement issued by the Federal Ministry of Agriculture and Rural Development (FMARD), said the zoonotic disease that is known as anthrax, has now been confirmed within the West African sub-region; specifically, Northern Ghana bordering Burkina Faso and Togo. The …

• Races against time to articulate exchange rate harmonisation roadmap • Faces herculean task of resolving naira redesign dilemma   • Teriba: Acting governor needs clear understanding of fiscal policy direction Folashodun Shonubi, a deputy governor (Operation Directorate) of the Central Bank of Nigeria (CBN) until Friday, will assume his new responsibility as the Acting Governor with oddly divergent goals as the …

As the country celebrates Democracy Day in honour of the winner of the June 12 presidential election, Moshood Abiola, PUNCH writes about the lasting sports legacy left behind by the late politician During an interview in 1992, after he was inducted into the African Football Hall of Fame and honoured by the Confederation of African Football with an Order of …

A stitch in time, an adage says, saves nine. For the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, a voluntary exit from the scene with former President Muhammadu Buhari would probably have saved him all the troubles. Now that his day of reckoning has come, he needs to be held accountable for all past mistakes or misdeeds …

With just three days to the inauguration of the 10th National Assembly, Nigeria’s Vice President Kashim Shettima and Secretary to the Government of the Federation, Senator George Akume have given reasons why they are supporting Senator Godswill Akpabio to become the next Senate President of the country. Other stalwarts of the ruling All Progressive Congress (APC) throwing their weights behind …