Authorities in Finland are investigating a damaged fibre-optic cable after two separate cuts disrupted internet service for thousands of households. EKO HOT BLOG reports that Swedish officials have suggested the damage may be an act of “sabotage” on the cable, which links Finland and Sweden. However, Finnish police stated they currently have no evidence of criminal … Read more
Sweden has formally called on China to assist in investigating the damage to two undersea cables in the Baltic Sea, after a Chinese vessel, the Yi Peng Three, was linked to the incidents. The cables—one connecting Sweden to Lithuania and the other linking Finland to Germany—were damaged on November 17 and 18 in Swedish territorial … Read more
Thousands of people in Bayelsa communities have been forced from their homes due to severe flooding. Many victims from various communities are now sheltering on bridges, roads, and in makeshift camps, sending urgent pleas to the Federal and Bayelsa State governments for help. The floods have submerged homes, schools, healthcare centers, places of worship, roads, … Read more
President Bola Tinubu has announced the establishment of a Disaster Relief Fund to address the increasing frequency of natural disasters. This directive followed the Federal Executive Council (FEC) meeting held on Monday. During a media briefing, Minister of Finance and Coordinating Minister for the Economy, Wale Edun, emphasized the urgent need for specialized funding to … Read more
The National Economic Council (NEC) has set a deadline of September 9 for four states to submit their reports on the establishment of state police. All 36 states and the Federal Capital Territory (FCT) are required to provide comprehensive reports for review. States that fail to meet the deadline will be subject to NEC’s decisions … Read more