Author: Vincent Osuwo

In today’s volatile economic climate, saving money is no longer just a prudent habit—it is a strategic necessity. The constantly rising living costs, inflationary pressures, and currency fluctuations have redefined what it means to be financially secure. The difference now lies not in whether people save, but in how they save. Reports from the National Bureau of Statistics (NBS) highlight this shift, showing inflation in Nigeria climbing from 22.41% in May 2023 to a peak of 34.80% by late 2024. While temporary cooling occurred in early 2025, the overarching trend underscores a stark reality – cash that isn’t generating interest…

Gunmen invaded an informal village outside Johannesburg overnight, killing 12 people, South African authorities said Wednesday. It was the latest mass shooting in the crime-ridden country, which averages more than 60 homicides every day. The gunmen attack occurred just after 11:00 p.m. Tuesday, when more than ten armed individuals were driven to the location and invaded the hamlet, according to a police spokesman. “The suspects allegedly entered the informal settlement through both entrances and moved through the area, opening fire on residents and community members at multiple locations before fleeing the scene in the same vehicle,” she said. “Preliminary investigations…

Terrorists have invaded Government Secondary School, Iluke Bunu, in the Kabba/Bunu Local Government Area of Kogi State, killing three persons, including a vice principal and a 6-year-old child. The terrorists’ attack, which occurred at about 10:00 a.m. on Wednesday, threw the community into mourning and heightened concerns over security in the area. Confirming the attack in a statement issued by its spokesperson, ASP Saliu Afusat, the Kogi State Police Command said a large number of armed bandits, operating on about 40 motorcycles, invaded the school with the suspected intention of abducting students and other residents. According to the statement, the…

President Donald Trump on Wednesday said that Iran has taken too long to negotiate a deal over the conflict in the Middle East and will now “have to pay the price.” Trump’s social media statement, in which he claimed that the Iranian military had been “completely defeated,” occurred after the US and Iran traded fire, straining a ceasefire that went into force in April. “The Bully of the Middle East is dead!!! They’ve taken too long to negotiate a deal that would have been great for them; now they will have to pay the price!!!” Trump wrote on his Truth Social platform. It contrasted with his comments to reporters on Tuesday that discussions on a long-term deal to end the war were in their “final throes” and could be completed in “two…

Somali referee Omar Artan, who was denied entry to the United States for the World Cup, returned to a hero’s welcome in Mogadishu and promised to officiate in the next tournament in 2030. More than 100 supporters gathered outside the VIP section of Mogadishu’s main airport, waving national flags as Artan stepped off a Turkish Airlines flight to shouts. “I will be at the next World Cup and will continue to make Somalia proud… Despite what has happened to me, I am not discouraged,” Artan told journalists. Artan, who was selected men’s referee of the year by the Confederation of…

President Bola Tinubu has sent a high-level mission to Addis Ababa, Ethiopia, to ensure the quick repatriation of almost 300 Nigerian nationals serving prison sentences in the country. According to sources in the Presidency and the diplomatic service familiar with the directive, the convicts are being detained in deteriorating conditions at Kaliti, a maximum-security prison in Addis Ababa. Tinubu directed the delegation, which included the Minister of Foreign Affairs, Bianca Odumegwu-Ojukwu, and the Attorney-General of the Federation, Lateef Fagbemi (SAN), to sign a Memorandum of Understanding with the Ethiopian government, allowing the prisoners to be transferred to Nigeria to serve…

Iran attacked American bases in Jordan and Bahrain on Wednesday, telling its Gulf neighbors that it was their “responsibility” to prevent the US and Israel from exploiting their territory to strike the Islamic Republic. The strikes came after the United States launched attacks on Iran in retaliation for the downing of an American helicopter, straining a ceasefire that went into force in April. The exchange prompted international appeals for caution on the eve of the World Cup, which the United States is co-hosting and Iran is taking part in. It has also called into question US President Donald Trump’s claim…

FIFA President Gianni Infantino will address the media on the eve of the World Cup on Wednesday, as off-field distractions have plagued the tournament’s buildup. Infantino is sure to face stern questions about exorbitant ticket prices and an immigration crackdown that has prohibited a senior referee, fans, and club executives from co-hosting in the United States. The chairman of the world football governing body will hold a rare press conference in Mexico City, where co-hosts Mexico face South Africa in the opening match on Thursday at the Estadio Azteca. The 2026 men’s World Cup has been enlarged to 48 teams,…

Femi Awogboro, media aide to former Minister of Power and 2027 All Progressives Congress governorship aspirant in Oyo State, Bayo Adelabu, has warned those linking Adelabu’s personal assistant, Ajiboye Sangogade, to the kidnapping of the ex-minister’s younger sister and twin sons, to stop spreading the “fabricated narrative” or face legal action. In a statement made on Wednesday in Ibadan, the state capital, Awogboro stated that Sangogade had no participation in the kidnapping of Busayo Adegoke John-Paul, Adelabu’s younger sister, and her twin kids, Peter and Paul, and warned that “those peddling the rumor desist or face legal action.” He described…

Nollywood actor-turned-politician Kenneth Okonkwo has threatened to leak the secrets of the presidential candidate of the Nigerian Democratic Congress, Peter Obi. Okonkwo made the threat while responding to the public apology demand and threats by Obi to file a lawsuit against him. Chronicle NG reports that Obi demanded N5 billion in damages and a public apology from actor-turned-politician over alleged defamatory statements made during a television interview. Obi also threatened Okonkwo with legal action and indicated that he could pursue higher damages if he does not meet the demands. In a letter dated June 9, 2026, lawyers of the former…