September 19, 2022

German Central Bank Laments Over Signs Of Recession

German Central Bank Laments Over Signs Of Recession

The German central bank has lameneted on Monday about the fact that it was increasingly likely that Europe’s largest economy would be shrinking for a “prolonged” period as Russia has completely throttled down energy supplies to the continent.

“The signs of a recession for the German economy are multiplying,” the Bundesbank said in its monthly report, warning of a “broad-based and prolonged decline in economic output”.

Read Also: Germany Moves To Make Legal Change Of Gender Easier

The likely slump was above all down to “supply-side constraints”, namely reduced deliveries of energy in the wake of the Russian invasion of …

Disgraced Ex-King Of Spain Pays Last Respects To Queen Elizabeth

Disgraced Ex-King Of Spain Pays Last Respects To Queen Elizabeth

Juan Carlos I who is Spain’s disgraced former king and his successor have also been counted among those who had attended the final funeral rites of Britain’s Queen Elizabeth II on Monday, in a sign of public rapprochement.

Juan Carlos who had abdicated while still in power with his tenure mired in scandal in 2014 had also gone into self-imposed exile in the United Arab Emirates in 2020 against a background of numerous investigations into his fortune.

Read Also: Over 500 World Leaders Set To Grace Queen’s Funeral Today

But the former king and his estranged wife Queen Sofia …

Nigerian Youths Will Work With Tinubu’s Govt - Yahaya Bello

Nigerian Youths Will Work With Tinubu’s Govt – Yahaya Bello

The Kogi state Governor, Yahaya Bello has come out to reiterate his earlier statement that the Nigerian youths will be determining the intricacies of how the government of Asiwaju Bola Tinubu who is candidate of the ruling All Progressives Congress, APC would be run if he is elected president in 2023. 

Governor Bello who has just been appointed as the National Youth Coordinator for the Tinubu-Shettima Presidential Campaign Council had made this revealations today.

Read Also: What I Admire In My Running Mate, Shettima – Tinubu Quips

According to Tinubu, Bello had also deserved the appointment considering his impressive political …

2023 Retaining Power In The North Wrong, Obasanjo Bombs PDP

Queen Elizabeth Had Great Human Relations – Obasanjo

As the final burial rites and the remains of the late Queen Elizabeth II were on Monday interred in the United Kingdom (UK), one of the former Nigerian Presidents, Chief Olusegun Obasanjo has made an open disclosure that he had tremendous respect for the dead Head of the Commonwealth of Nations.

Obasanjo had also described her as a personality who has some great human relations, whom he equally had a perfect relationship with while she had been alive.

Read Also: Over 500 World Leaders Set To Grace Queen’s Funeral Today

Obasanjo had made this speech on Monday, when he had …

18 Pump Action Guns Intercepted By NDLEA In Kogi

18 Pump Action Guns Intercepted By NDLEA In Kogi

Reports reaching the desk of Africa Daily News, New York reports that operatives of the National Drug Law Enforcement Agency (NDLEA) on patrol along Okene-Abuja highway, yesterday intercepted a J-5 bus with 18 pieces of pump action rifles and 1,300 cartridges in Kogi State.

According to reports, the vehicle was coming from Onitsha, Anambra State en route Kaduna-Zaria in Kaduna State.

The anti-narcotics agency said two suspects conveying the arms and ammunition, Chukwudi Aronu, 51, and Shuaibu Gambo, 23, were arrested.

This was revealed in a statement signed by NDLEA spokesperson, Femi Babafemi, on Sunday.

Read Also: How We Arrested

48 Killed As Terrific Rain And Landslides Hit Nepal And India

48 Killed As Terrific Rain And Landslides Hit Nepal And India

No fewer than 50 people in Nepal and India in recent days have died following a heavy monsoon rains and landslides have killed almost, authorities shave confirmed. 

In western Nepal at least 22 people died after landslides buried more than 100 houses on Friday, police official Narayan Dangi told reporters.

Eleven people were injured, including three airlifted to hospital by army helicopter.

Read Also: 48 Dead As Heavy Rains And Landslides Besiege Nepal And India

‘Rescue teams are still searching for one missing person,’ Dangi said.

A major relief operation was underway with the police and army clearing debris and …

Panic As Explosion Rocks Taraba

Panic As Explosion Rocks Taraba

There is palpable tension after a loud explosion was again heard in the ATC area of Jalingo, the capital of Taraba State Sunday night.

Speaking through the state police command through its Public Relations Officer (PPRO), Usman Abdullahi, confirmed the explosion to Africa Daily News, New York on Monday morning.

Though the police could not give detailed reports of the explosion, the PPRO, however, promised to get back to our correspondent as soon as further information was made available to the command by the Divisional Police Officer (DPO) in charge of the area.

Some persons from the area who also …

COVID-19 30-Month Ban On Handshakes During Mass Suspended

COVID-19: 30-Month Ban On Handshakes During Mass Suspended

The Catholic Bishops’ Conference of Nigeria, CBCN, has directed that handshakes popularly known as ‘Kiss of Peace’ should resume, during the celebration of mass after suspending the Eucharistic practice 30 months ago.

It also urged the Independent National Electoral Commission (INEC), to do everything within their powers to ensure the technology was transparently deployed to increase the confidence of the people in the electoral process

The suspension followed the World Health Organisation’s declaration of the COVID-19 pandemic as a global health emergency in the year 2020.

The decision to lift the suspension was taken during proceedings of the just-concluded second …

'You Should Be Ashamed Of Yourself' LP Lambastes Oshiomhole

‘You Should Be Ashamed Of Yourself’ LP Lambastes Oshiomhole

The Labour Party has claimed former National Chairman of the All Progressives Congress (APC), Comrade Adams Oshiomhole should be ashamed of himself over his attempt to use insecurity to measure the performance of Peter Obi, while in office as Anambra State Governor years ago.

National Publicity Secretary of the Labour Party, Comrade Arabambi Abayomi, said this in response to claims by Oshiomhole that Obi was incapable of solving Nigeria’s insecurity because he failed to tackle insecurity in Anambra State while he served as Governor.

In an interview with newsmen on Sunday, Arabambi said, ‘I’m aware that Oshimohole was governor of

Over 500 World Leaders Set To Grace Queen’s Funeral Today

No fewer than 500 world leaders, made up of heads of state and government will grace the funeral of Queen Elizabeth II today (Monday).

Africa Daily News, New York reports that the guests and dignitaries have already started to arrive in London for the final rites of the UK monarch, who had earlier passed away last Thursday, September 8 at the age of 96.

The Queen’s death has literally brought the UK to a standstill as the funeral rites have dominated activities in the country and beyond in honour of the Queen, who reigned for 70 years, the longest so …