Russian Balloons ‘Takeover’ Kyiv In New Wave Of Attacks

Russian balloons have takeover Kyiv in a new wave of attacks. As the first anniversary of the Russian invasion of Ukraine approaches, the balloons appear to be an addition to Russia’s aerial use of cruise missiles and cheaper Iranian drones. Most of the balloons were shot down, Kyiv’s military said. EKO HOT BLOG reports that … Read more

War: Ukraine Deploys Army As Russia Surrounds Bakhmut 

Ukraine has deployed its troops after Russia surrounded Bakhmut. Russian troops have been launching probing attacks on a wide front in Donetsk.  Their main effort has been to take Bakhmut, whose eastern outskirts they hold. EKO HOT BLOG reports that Ukraine faced its toughest week so far this year on the eastern front, where its … Read more

JUST IN: US To Repatriate $954,000 In Stolen Funds From Alamieyeseigha

The United States has agreed to repatriate $954,000 allegedly stolen by Diepreye Alamieyeseigha, former governor of Bayelsa state.  The agreement was signed on Thursday in Abuja by the US Ambassador to Nigeria. The Attorney-General of Bayelsa state, Mr. Biriyai Dambo, SAN, was present at the official handover ceremony of the recovered loot. EKO HOT BLOG … Read more

Despite Naira Scarcity Concerns, Buhari Departs Abuja For Ethiopia

President Buhari has departed Abuja for AU Summit in Addis Ababa. Buhari will be accompanied on the trip by some Ministers and other top government officials. He is expected to return to Abuja on Monday, February 20. EKO HOT BLOG reports that President Muhammadu Buhari will on Thursday depart Abuja for Addis Ababa, Ethiopia, to … Read more

JUST IN: 2022 NECO Results Officially Released [See How To Check]

NECO 2022 Results have been released. The NECO boss made this known on Thursday in Minna. He said 11,419 candidates were caught for various forms of malpractice. EKO HOT BLOG reports that the National Examinations Council (NECO) has announced the release of the results of the November/December 2022 Senior School Certificate Examination (SSCE). Professor Dantani Wushishi, … Read more

2023: Tinubu Reveals Discussion With Governor Wike

Tinubu has revealed the details of his meeting with Governor Wike in Port Harcourt. Tinubu praised Wike for his “commitment” to the unity of Nigeria. Tinubu stated that he joined the 2023 presidential race to lead Nigeria on the philosophy which Governor Wike has consistently advocated. EKO HOT BLOG reports that the presidential flagbearer of … Read more

Naira Redesign: Buhari Reveals He ‘Directed CBN Gov Emefiele To Change Naira Design’

President Buhari has disclosed that he instructed the CBN Governor, Godwin Emefiele to change Naira design. “I authorised the CBN to redesign the N200, N500, and N1000 Nigerian banknotes,” Buhari said. Buhari said this during a national broadcast. EKO HOT BLOG reports that President Muhammadu Buhari on Thursday confirmed that he gave the directive for … Read more

JUST IN: Buhari Extends Validity Of Old N200 Notes

Buhari has extended the validity of the old 200 Naira notes. Buhari made this known on Thursday morning during his nationwide broadcast. The president said all existing old N1000 and N500 notes remain redeemable at the Central Bank of Nigeria (CBN). EKO HOT BLOG reports that President Muhammadu Buhari has announced the extension of the … Read more

Boehly Holds Talks With PSG’s Chief Over Neymar’s Potential Transfer

Chelsea owner Todd Boehly met the PSG chief in Paris to discuss Neymar’s transfer. Boehly is keen on bringing Neymar to Stamford Bridge in the summer before PSG blocked his departure. The Brazilian forward is understood to be unhappy at the club following a falling out with sporting director Luis Campos. EKO HOT BLOG reports … Read more

Myanmar Junta Concerns US As Russia Strengthens Nuclear Cooperation

The US is worried about Myanmar Junta after Russia expanded its Nuclear cooperation. Russia’s State Atomic Energy Corporation and the Myanmar junta signed the “intergovernmental agreement on cooperation in the field of the use of nuclear energy” on February 6. The two countries cooperation on nuclear energy begins “a new chapter in the history of … Read more

Ukraine Downs Russian Balloons Allegedly Used For ‘Reconnaissance’

Ukraine has shot down Russian ‘reconnaissance’ balloons. The balloons may have been carrying corner reflectors and reconnaissance equipment.  Moscow lost 50 percent of its tanks during the war. EKO HOT BLOG reports that six Russian balloons were spotted over Kyiv and most were shot down after being engaged by air defences, the Ukrainian capital’s military … Read more

Naira Crisis: Angry Mob Sets Access, Union, First Bank Ablaze In Delta [PHOTOS]

  • An angry mob has reportedly burned down Access Bank, Union Bank, and First Bank in Delta.

  • The protest started peacefully on the streets of Udu before it turned violent.

  • Also, in Oyo and Osun, there have been violent protests over the scarcity of fuel and the new naira notes.

EKO HOT BLOG reports that Some hoodlums who joined protesters on Wednesday set ablaze Union, Access Bank, and First Bank branches in Udu area of Warri, Delta State.

The protest against the scarcity of the new Naira notes began on the streets of Udu before it turned violent, resulting in the burning of buildings by some hoodlums.

EDITOR’S PICKS 

In the South-west states of Oyo and Osun, there have also been violent protests over the scarcity of fuel and the new naira notes.

On Wednesday, Governor Samuel Ortom of Benue State asked the Federal Government to review its Naira policy “before the situation gets out of hand.”

FURTHER READING

According to him, “this is the worst policy done by the Federal Government.”

Click here to watch our video of the week:

Nigeria’s Inflation Rate Surges To 21.82% Triggered By Naira Scarcity

Nigeria’s inflation rate has jumped to 21.82% in 2023 amid the Naira scarcity. This represents a 0.47% increase when compared to the 21.34% recorded in the previous month. The highest increases were recorded in prices of Gas, Liquid Fuel, Passenger Transport by Air, Vehicles Spare Parts, Fuels, Lubricants for Personal Transport Equipment, Solid Fuel, etc. … Read more

Supreme Court Upholds Legal Tender Status Of Old Naira Notes

Old Naira notes

The Supreme Court has upheld the validity of old naira notes as legal tender. The court issued the ruling on Wednesday in response to a lawyer’s complaint. The Court, however, fixed February 22 for hearing the suit filed by Kaduna, Kogi, and Zamfara states challenging the propriety of the naira swap policy of the Federal … Read more

Gridlock As Protest Resumes In Ibadan Over Fuel, Naira Scarcity [PHOTOS]

Protests have resumed in Ibadan over fuel and Naira scarcity. The protest has caused serious gridlock in the Eleyele area. Checks by journalists revealed that motorists have been turning back while schoolchildren hurriedly return home for fear of being attacked. EKO HOT BLOG reports that protesters have blocked the ever-busy Eleyele junction in the Ibadan … Read more

Supreme Court Adjourns Lawsuit Against FG On Old Naira Notes

The Supreme Court has adjourned a lawsuit against the Federal government on old Naira notes. The suit filed by Kaduna, Kogi and Zamfara states against the Government was seeking a restraining order to stop the full implementation of the naira redesign policy. The hearing was postponed on Wednesday. EKO HOT BLOG reports that the Supreme … Read more

Naira Redesign: El-Rufai, Yahaya Bello Storm S’Court For Proceedings In Suit Against FG

Political heavyweights El-Rufai and Yahaya Bello have arrived at the Supreme Court for Proceedings in a suit against the federal government’s cashless policy. The two governors arrived in the courtroom around 8:30am. Over 100 Senior Advocates engaged by the Federal Government and the aggrieved three states have also arrived at the court. EKO HOT BLOG … Read more

Revealed: Reasons Why Greenwood Is ‘Unlikely’ To Feature For Man Utd This Season

Mason Greenwood is “unlikely” to feature for Man Utd this season. Greenwood was suspended by the Premier League club following his arrest in January 2022. Greenwood is expected to sit out the remainder of the season before a decision is made on his future. EKO HOT BLOG reports that Manchester United striker, Mason Greenwood will … Read more

Potter Reacts To Mykhaylo Mudryk’s ‘Liking’ Post Blasting Marc Cucurella

Potter has reacted to Mykhaylo Mudryk’s ‘liking’ post, which blasted Marc Cucurella. The Ukrainian International reportedly liked a post criticising Cucurella after their 1-1 draw with West Ham United. Reacting, Potter insisted that “it is a matter of failing to communicate properly rather than anything deeper.” EKO HOT BLOG reports that Chelsea manager, Graham Potter … Read more

Russian Commander Makarov Commits Suicide Following Forced Retirement

Sacked Russian commander Vladimir Makarov has taken his own life weeks after forced retirement. According to a Russian news outlet, SOTA, Vladimir Makarov was found with a “self-inflicted gunshot wound to the head.” Makarov is believed to have actively sought out and suppressed anyone who opposed Putin’s authoritarian government. EKO HOT BLOG reports that Major … Read more