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News

Nigerian stock market surge

Nigerian stocks surged to a two-month high on Tuesday, a day after President Bola Tinubu was sworn in and announced a series of economic reforms to revive the country’s struggling economy. The main equity index rose by 5.2 per cent, adding over N1.5 trillion to the value of shares. Investors…

ESG securitization involves issuing bonds backed by assets that have a positive ESG impact, such as renewable energy, affordable housing or social loans.

ESG securitization is a growing trend in the global finance market, as investors and issuers seek to align their portfolios with environmental, social and governance (ESG) criteria. ESG securitization involves issuing bonds backed by assets that have a positive ESG impact, such as renewable energy, affordable housing or social loans.…

A news image showing a hot car with caution tape surrounding it, highlighting the tragic incident of a baby's death while parents attended a church service in Florida.

A tragic incident occurred in Palm Bay, Florida, where an 11-month-old baby girl lost her life after being left in a car for about three hours by her parents who went to a church service. The baby was found unresponsive in the vehicle and was rushed to a local hospital,…

Former first lady Rosalynn Carter has been diagnosed with dementia, her family announced on Tuesday. The 95-year-old wife of former President Jimmy Carter, who is 98 and in hospice care, continues to live happily at home with him in Plains, Georgia. (Also Read: Former Mayor and Minister Arrested for Selling Off Administrative Reserves in Abomey) A Lifelong Advocate for Mental Health Rosalynn Carter has been the nation’s leading mental health…

A migrant boat tragedy near the Greek resort island of Mykonos has claimed the lives of nine people, while six others are still missing, authorities said on Tuesday. The boat, which had departed from Turkey, was carrying migrants of unknown nationalities who were trying to reach Europe. Bodies found According to a coast guard statement, divers on Tuesday found the bodies of four women and a man inside the sunken…

The National Drug Law Enforcement Agency (NDLEA) has announced the successful raid of a notorious drug market in Anambra State, which is believed to be the largest in West Africa. Months of Undercover Operation According to a statement released by the NDLEA spokesman, Femi Babafemi, on Tuesday, the agency was able to infiltrate and dismantle the illicit drug market located at the Ogbogwu market, Onitsha Head Bridge, after months of…

Reddit escapes lawsuit over child porn posts.

Reddit, a popular online discussion platform, has avoided a lawsuit from victims of child pornography who accused the company of failing to remove illegal content from its website. The U.S. Supreme Court on Tuesday refused to hear the case, leaving in place a lower court ruling that dismissed the claims. The legal shield for Internet companies The plaintiffs, who were minors or parents of minors whose sexually explicit images and videos were posted on Reddit without their consent, sued Reddit…

Kenya authorities conducting 36 additional autopsies as the death toll in Shakahola reaches 243.

The death toll from the Shakahola tragedy has now risen to 243, with the recent passing of a rescued victim at the Malindi Sub County Hospital. Chief government pathologist Dr Johansen Oduor confirmed that 36 autopsies were conducted on Tuesday, shedding light on the horrifying circumstances surrounding this tragedy. These postmortem examinations were part of the ongoing efforts to understand the cause of death of the victims. Exhumation and Unearthing New Findings The second phase of the exhumation exercise, aimed…

The estimated cost of the operation is $129 million.

In a race against time to avert a potential environmental catastrophe, the United Nations has announced its readiness to commence salvage operations on the FSO Safer, an oil tanker stranded off Yemen’s coast. With over one million barrels of crude oil on board, the vessel poses an acute risk to the fragile marine ecosystem in the region. David Gressly, the UN coordinator for Yemen, conveyed his relief at being on-site and expressed optimism about initiating the critical work required to…

A gas balloon explosion in Takhar resulting in the tragic death of a woman.

Woman Dies in Gas Cylinder Explosion in Takhar Province: Local Taliban Officials Respond On Tuesday, May 30, a woman was reported dead in the Khaja Bahauddin district of Takhar province after a gas cylinder explosion in her home. According to Tayyab Tariqi, the district governor for Khwaja Bahauddin, the incident took place in the afternoon while the woman was cooking. The victim was a 35-year-old woman, according to Tariqi. While the house caught fire during the explosion, local authorities were…

Peter Simonischek, star of 'Toni Erdmann', passes away at 76

Austrian actor Peter Simonischek, who gained international fame for his role in the Oscar-nominated comedy ‘Toni Erdmann’, has died in Vienna at the age of 76, according to a spokeswoman for the Austrian Federal Theatres. Simonischek was born in Graz in 1946 and began his acting career at the Schaubühne in Berlin, where he worked with the renowned director Peter Stein for two decades. He was also a member of the ensemble and an honorary member of the Burgtheater in…

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A tragic incident where a toddler was hit by a car in Birmingham.

A four-year-old boy has lost his life after being hit by a car on a residential street in Birmingham on Monday evening. The incident happened on George Road, Erdington, around 6 pm. Emergency services at the scene The boy was treated by paramedics at the scene and rushed to Birmingham Children’s Hospital, where he succumbed to his injuries. The driver of the car stopped at the scene and cooperated with the police, West Midlands Police said. Police appeal for witnesses…

Hotel Owner Sentenced to Death for Killing Nigerian University Student

The Osun State High Court has sentenced Dr Rahman Adedoyin, the owner of Hilton Hotel in Ile-Ife, to death by hanging for the murder of Timothy Adegoke, a postgraduate student of Obafemi Awolowo University (OAU), Nigeria. The Murder Case Adegoke, who was based in Abuja, had travelled to Ife on November 5, 2021, to write an examination at the school’s distance learning centre in Moro. He lodged at Hilton Hotel, owned by Adedoyin. He was declared missing on November 7,…

Mother admits culpable homicide of newborn son after murder conviction quashed

A mother who was wrongly convicted of murdering her newborn son with cling film in 2010 has pleaded guilty to culpable homicide on the grounds of diminished responsibility. New evidence of mental state Ineta Dzinguviene, 38, had been sentenced to life imprisonment in 2011 for smothering her son Paulius Dzingus hours after giving birth to him in Fraserburgh, Aberdeenshire. However, her conviction was overturned by the appeal court last year after new evidence emerged about her mental state at the…

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