Harvest Season responsible for the drop in price of local rice Yuletide Season and Abakakiki rice Local rice production The price of de-stoned local rice, commonly known as ‘Abakaliki rice,’ has experienced a slight reduction of six to ten percent in major markets in Enugu, bringing relief to residents and driving increased patronage for the … Read more
The Federal Capital Territory Internal Revenue Service (FCT-IRS) has achieved a significant milestone by collecting a total of N252.83 billion in Internally Generated Revenue (IGR) for 2024. Eko Hot Blog reports that this figure not only exceeds the N250.2 billion target for the year by 101% but also represents a 19.8% increase from the N211.1 … Read more
The Committee of Banks in Nigeria demonstrated their solidarity and support for the victims of the recent flooding in Jigawa State with a visit to Dutse on Thursday. Eko Hot Blog reports that during this visit, the committee, led by Chairman and Group Managing Director/Chief Executive Officer (GMD/CEO) of United Bank for Africa Plc (UBA), … Read more
By Tunde Odesola Abomination! Market noise never drowns the marketplace. The dog never gets executed for barking, nor the ram beheaded for butting. The market takes no roll call and yet misses nobody: Ojà Òyìngbò ò mò pé énìkan ò wá. Daily, good and evil walk the face of the earth: T’ibi, t’ire la da … Read more
Tech Guru Elon Musk Sets to join Politics Speakership of the House Rand Paul’s Nomination Sparks Controversy United States Senator for Kentucky, Rand Paul, has sparked a political uproar by endorsing tech billionaire Elon Musk as the next Speaker of the House. Eko Hot Blog gathers that Elon Musk was very active during the last … Read more
The Police Public Relations Officer of the Lagos State Command, Benjamin Hundeyin, has dismissed rumors that Monalisa Osayi, who was arrested for assaulting a Federal Road Safety Corps (FRSC) official on December 7, 2024, is a police officer. EKO HOT BLOG reports that in a statement released on Thursday, the command clarified that Osayi was … Read more
Ukrainian President Volodymyr Zelensky responded sharply to Russian President Vladimir Putin’s year-end press conference on Thursday, mocking the Kremlin leader with a crude remark in an online comment. During the conference, Putin praised the power of the Oreshnik, a new nuclear-capable ballistic missile that Russia recently launched at the Ukrainian city of Dnipro. He also … Read more
Despite the recent reduction in the ex-depot price of Premium Motor Spirit (PMS) to ₦899.50 per litre by Dangote Petroleum Refinery, motorists and consumers have yet to see a reduction in pump prices as many petrol stations in Lagos and across the country maintain their rates. EDITOR’S PICKS Sanwo-Olu Donates N75M to Support Legionnaires and … Read more
At least two people have been reported injured following a series of explosions in Kyiv, Ukraine’s capital, as the city’s mayor confirmed air defences were active in response to a missile strike on Friday morning. Witnesses reported multiple loud blasts across the city, with smoke rising from several areas. The Ukrainian Air Force issued an … Read more
The House of Representatives will donate N704.91m to support vulnerable Nigerians. This amount was raised through a six-month 50% salary cut by lawmakers. The funds will be handed over on December 31 for the needy’s benefit. The House of Representatives has announced plans to present N704.91 million to President Bola Tinubu on December 31, 2024, … Read more
The U.S. House of Representatives has voted down a spending bill backed by President-elect Donald Trump, increasing the likelihood of a partial government shutdown as millions of Americans prepare for holiday travel. The bill, which was rejected 174 to 235 on Thursday evening, faced opposition from nearly all Democrats and 38 hard-right Republicans. They opposed … Read more
Opposition parties criticized Tinubu’s N47.9tn 2025 budget as unrealistic and impractical. They flagged concerns over borrowing reliance, inflation targets, and poor implementation. Calls were made for transparent policies to tackle economic challenges effectively. The Coalition of United Political Parties (CUPP), Peoples Democratic Party (PDP), and New Nigeria Peoples Party (NNPP) have expressed strong reservations about … Read more
Wolverhampton Wanderers confirmed Thursday that Vitor Pereira has been appointed as their new head coach, as the club fights to avoid Premier League relegation. The 56-year-old Portuguese manager joins from Saudi Pro League side Al Shabab on an 18-month contract, following the dismissal of Gary O’Neil amid a difficult run of form. EDITOR’S PICKS PDP … Read more
Tyson Fury and Oleksandr Usyk had an unforgettable face-off that lasted an astonishing 11 minutes and 20 seconds, making it one of the longest and most intense head-to-heads in boxing history. The 36-year-old Fury will challenge Usyk for his unified heavyweight title in Saudi Arabia this Saturday. EDITOR’S PICKS PDP Declares Ethiope East Federal Seat … Read more
Nigerian songstress Tiwa Savage has finally opened up about her divorce from her ex-husband, Tunji Balogun, popularly known as TeeBillz. EKO HOT BLOG reports that in an interview on The Receipts Podcast, Tiwa Savage revealed that TeeBillz was responsible for the announcement of their separation, emphasizing that she did not initiate the breakup. She explained … Read more
Former presidential spokesperson, Garba Shehu, has dismissed reports claiming that the Federal Capital Territory Administration (FCTA) revoked a plot of land belonging to former President Muhammadu Buhari. EKO HOT BLOG reports that Shehu clarified on Wednesday that the land in question was legally acquired for the Muhammadu Buhari Foundation, not for Buhari personally. He explained … Read more
Teenage sensation Marc Guiu scored a first-half hat-trick as Chelsea powered past Shamrock Rovers 5-1 to secure the top spot in the Conference League group stage, while denying the visitors automatic progression to the knockout rounds. Already guaranteed a place in the last 16, Enzo Maresca’s youthful Blues maintained their perfect record in the competition … Read more
President Bola Ahmed Tinubu has introduced significant tax reforms aimed at reshaping Nigeria’s economic landscape. While these reforms align with his campaign promises to end fuel subsidies and broaden the tax net, they have triggered debates about their potential impact on the average Nigerian. Will these changes provide the fiscal boost the country needs, or … Read more
Tottenham Hotspur weathered a late surge from Manchester United and overcame a series of their own costly errors to secure a spot in the Carabao Cup semi-finals in a dramatic encounter. Ange Postecoglou’s side appeared to be cruising with a comfortable 3-0 lead midway through the second half, but two critical mistakes by goalkeeper Fraser … Read more
Nigerian singer Timi Dakolo has shared that his journey into music was purely by chance. EKO HOT BLOG reports that in a recent episode of the On The Record podcast, the Great Nation hitmaker reflected on his path to becoming a professional musician, revealing that music was initially just a hobby. Dakolo explained that he … Read more