crash

Panic As Bitcoin Falls Under $25,000, Lowest In 18 Months

Panic As Bitcoin Falls Under $25,000, Lowest In 18 Months

Bitcoin tumbled yesterday to an 18-month low under $25,000 as investors shunned risky assets in the face of a vicious global markets selloff, many months after the cryptocurrency hit a record high.

The unit took a heavy knock also from news that cryptocurrency lending platform Celsius Network paused withdrawals, citing volatile conditions.

World stock markets have plunged since Friday when data showed US inflation at a fresh four-decade high, increasing recession fears and sending investors running for safer assets like the dollar.

‘It is not very surprising to see such a strong downturn as we have noticed an increased correlation …

Lecturer, Wife, Three Kids Die In Benue Motor Accident

Three Killed, 28 Injured In Niger Auto Crash

The Federal Road Safety Corps (FRSC), Niger Command, on Monday confirmed that three people died in an auto crash on Bida – Kutigi road in Bida Local Government Area of the state.

The State FRSC Sector Commander, Mr Joel Dagwa,who made the confirmation in an interview with the News Agency of Nigeria (NAN) said that the accident, which occurred on Sunday in Wuya village about 14 kilometres from Bida town, involved a Mitsubishi lorry with registration KRN 102 XA number, conveying 31 passengers.

Dagwa said that 3 of the passengers died, while 28 others sustained injuries and were rushed to

Crash: Five Countries Meet To Decide Action Against Iran

Five nations whose citizens were on board the Ukrainian international airliner shot down by Iran will meet in London on Thursday.

The meeting is to discuss possible legal action.

This was disclosed by Ukraine’s foreign minister, Vadym Prystaiko, who spoke to Reuters news agency on Monday.

Prystaiko said the countries would also discuss compensation and the investigation into the incident.

“We have created this group of foreign ministers from the grieving nations. On January 16, we will meet in person in London to discuss the ways, including legal, how we are following this up, how we are prosecuting them [Iran],”

Ukrainian Plane Crash: Queen Elizabeth Sends Message

Britain’s Queen Elizabeth II has reacted to the plane crash that left over 170 passengers and crew members dead.

She sent a condolence message to Canada being that it had 57 citizens of the people on board the Ukrainian airliner.

Iran on Saturday admitted shooting down the plane but maintained it was unintentional.

The Queen’s statement reads, “Philip and I have been deeply saddened by the tragic loss of lives following the crash of the Ukrainian Airlines aircraft in Iran.

“Our thoughts and prayers are with the people of

Ukranian Plane Crash: President Rouhani Blames US

Iranian President, Hassan Rouhani, has released a statement where he explained why his military shot down Ukrainian passenger airline with 176 onboard.

Iran, on Saturday morning, acknowledged that the Ukraine International Airlines flight that crashed on Wednesday was shot down by its military.

President Rouhani said bodies of victims of the crash would be returned to their countries and all necessary measures to compensate and sympathise with the bereaved families would be taken.

He also blamed the United States for the incident.

Rouhani’s lengthy statement described the incident as a “terrible catastrophe,” which resulted from an attempt to protect the …

Military Aircraft With UN Soldiers Onboard Crash Lands

South African military transport aircraft with UN peacekeeping soldiers on board on Thursday was severely damaged in a crash landing in Eastern Congo, a UN spokesman reported.

Matthias Gillman, a spokesman for the UN stabilisation mission in Congo (MONUSCO) confirmed the incident.

He said that the four-engine turboprop C-130 Hercules aircraft overshot the runway while landing in Goma and burst into flames.

However, the fire was quickly put out by firefighters at the airport and the 59 passengers and eight crew members escaped unharmed, NAN reports.

The passengers

Iran Vows Not To Release Black Boxes Of Plane Crash

Iran has vowed not to release the black box of Ukrainian Boeing-737 with 180 people on board which crashed in the country.

The aircraft belonging to Ukraine International Airlines crashed just after take-off from Iran’s Imam Khomeini airport.

The crash happened at a time when Iran was threatening to go to war with the United States over the killing of General Qasem Soleimani.

The two black boxes from the Ukrainian airliner that crashed outside the capital Tehran were found on Wednesday, Iranian state television reported.

Both boxes were reported to

Bauchi

25 Die In Bauchi Auto Crash

The police in Bauchi said on Thursday that 25 persons were burnt to death in an auto crash along Bauchi- Ningi Road in Bauchi State.

The Police Public Relations Officer (PPRO) of the command, DSP Abubakar Kamal, made this known in a statements in Bauchi.

Kamal said the accident occurred, which occurred in the early hours of Thursday, involved two vehicles; a Peugeot J5 Bus and a Toyota 18-seater Hummer bus.

The Toyota bus was conveying 22 passengers while the J5 bus was carrying 20 cows and four …

Seven Killed In South Sudan Plane Crash

Seven Dead In Small Plane Crash In Canada

Five Americans and two Canadians were killed when a light aircraft crashed in a wooded area on the north shore of Lake Ontario, Canada’s transport safety agency said Thursday.

The US-registered single-engine Piper PA-32 departed Toronto’s Buttonville Airport and was apparently headed to Quebec City when it crashed on approach to the Kingston, Ontario airport on Wednesday just after five pm (2200 GMT), Transportation Safety Board (TSB) investigator Ken Webster told a press conference.

Emergency services, including police on all-terrain vehicles and a military search and rescue helicopter, were dispatched to locate the downed plane, which was found in a …

air

Reps Committee Invites NAF Chief Over Helicopter Crash

The House of Representatives Committee on Air Force says that Chief of Air Staff Sadique Abubakar should appear and explain the factors that lead to the crash of a training helicopter in Enugu.

The committee gave the directive in a statement issued by the Chairman, Rep. Shehu Koko (APC-Kebbi) on Saturday in Abuja.

Koko said that the house had the determination to investigate the remote cause of the ugly incident to avoid future recurrence.

The chairman gave thanks to God that no life was lost in the accident which occurred as the helicopter was returning from a routine exercise.

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Helicopter

NAF Confirms Helicopter Crash In Enugu, No Casualty

A statement on Friday in NAF’s Twitter handle said that the incident occurred after a routine flight and that though the blades of the helicopter broke but there were no casualties.

The statement said that the cause of the incident could not be ascertained.

The statement reads: “@NigAirForce Helicopter has crashed on landing in Enugu after a routine flight today. Fortunately, there were no fatalities or injuries to any crew member or persons on the ground.

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Car Crash Claims 13 Lives Along Lagos-Ibadan Expressway

Thirteen persons have been killed in a crash along the Lagos-Ibadan Expressway with 10 others injured. The Ogun State Command of the Federal Road Safety Corps confirmed the deaths and the crash which occurred around Sapade near Ogere area of the state.

According to the Public Education Officer of the command, Florence Okpe, the crash occurred around 7 p.m. in the area where a diversion was created by a construction company currently working on the stretch of the road in the area.

“The fatal crash involved a total of 37 people comprising 20 male adults, 15 female adults, and two …