Author: New Daily Prime

Falling approval ratings, Canada’s housing crisis and the Conservatives racing ahead in the polls leads to PM’s resignation. Justin Trudeau announced his resignation on Monday after nearly 10 years as Canada’s prime minister. Here are five charts that explain his downfall: Mr Trudeau’s political honeymoon lasted until March 2018, when he faced several controversies, including allegations – which he denied – that he groped a reporter in 2000. The following year, pictures emerged of him wearing blackface to a party despite positioning himself as a champion of social justice. In 2021, his decision to call a snap election during the Covid pandemic backfired. His liberal reputation was…

Data released by the Central Bank of Nigeria (CBN) shows that deposit money banks (DMBs) and merchant banks borrowed N131.42 trillion from the apex bank in 2024 to meet their daily business obligations. According to the data, the amount borrowed in 2024 is 636.6 per cent higher than the N17.84 trillion borrowed by Nigerian banks in 2023. The data also showed that DMBs and merchant banks borrowed the highest amount of N21.74 trillion in March 2024 and the lowest amount of N2.9 trillion in January 2024. The borrowing is due to the tight monetary stance of the CBN, which led to liquidity…

Following the news of the ongoing retirement of 1,000 employees of the Central Bank of Nigeria (CBN), the Arewa Youth Assembly has called for adherence to federal character principles in the handling of the process. The group, in a statement issued on Sunday, January 5, in Kaduna, raised concerns over the perceived targeting of northern employees, describing the move as “anti-North” and a threat to national unity. The group’s speaker, Mohammed Danlami, said non-adherence to federal character principles in the 1,000 staff retirement process would be termed “grossly unethical,” unfair, and could lead to socio-economic instability in the country. It also expressed…

The Christian Association of Nigeria (CAN), South West region, has conferred the title of Distinguished Father of Faith on Pastor Enoch Adeboye, the General Overseer of the Redeemed Christian Church of God (RCCG). The announcement was made via a post on the RCCG Open Heaven Daily Devotional Videos Facebook page on Monday, capturing the historic moment in a series of photographs. The recognition ceremony took place in Pastor Adeboye’s office, where the South West CAN Chairman, Bishop Tunde Akinsanya, led the proceedings. The Facebook post, accompanied by the images, celebrated the occasion with the following words: “TODAY, HISTORY IS MADE!…

A former Commissioner for Works and elder statesman in Rivers State, Chief David Briggs, has strongly criticised the Federal Capital Territory Minister, Nyesom Wike, for his recent comments about former Governor Peter Odili. Briggs, who served under Odili, accused Wike of benefiting from crises and speaking recklessly, claiming that Wike’s actions are only worsening the ongoing political tension in Rivers State. In an interview with journalists in Port Harcourt on Saturday, January 4, Briggs condemned Wike’s assertion that he had “revived” Odili politically, describing it as an insult not only to Odili but also to the people of Rivers State. …

The Rivers State Police Command has confirmed that 18 individuals sustained severe injuries following a gas explosion in the Oroazi community of Port Harcourt on Sunday evening. The explosion, which occurred at a gas refilling shop, caused significant damage to surrounding buildings. The incident is part of a troubling series of gas-related explosions and Improvised Explosive Device (IED) occurrences that have been reported in the state since the start of 2024. Police spokesperson, SP Grace Iringe-Koko, confirmed the explosion during an interview with the News Agency of Nigeria on Monday. According to Iringe-Koko, the explosion was triggered by a welder…

Gombe State Governor, Muhammadu Yahaya, has reiterated his administration’s commitment to addressing the long-standing gratuity liabilities for retirees in the state. Speaking on Monday, December 6, during the presentation of cheques and the payment of backlog gratuities to state retirees, Yahaya revealed that his government has cleared ₦17.2 billion of the ₦21 billion inherited from previous administrations. Yahaya, who assumed office in 2019, acknowledged the gravity of the responsibility his government faced when it inherited the substantial backlog of gratuities. Despite significant progress in clearing these debts, the Governor noted that the obligations continue to rise as more civil servants…

Dr Titus Okunrounmu, a former Director of the Central Bank of Nigeria (CBN), has called on the Federal Government to strategically reduce the cost of governance in 2025 in order to address rising recurrent expenditures. In an interview with the News Agency of Nigeria (NAN) on Monday, in Ota, Ogun State, Okunrounmu emphasised that the current financial burden posed by high governance costs was placing a strain on the country’s economy. The ex-CBN Director of Research pointed out that the Federal Government’s debt servicing had escalated sharply, from N9.8 trillion in 2023 to N12.1 trillion in 2024. He stressed that…

…As FG moves to stop disease By Damilola Michael The virus is referred to as Human Metapneumovirus (HMPV). It is a single-stranded Ribonucleic Acid (RNA) virus with signs similar to common cold and influenza. The spread of a respiratory virus is currently hitting China. The first case of the virus was reported in 2001 in the Netherlands. Since then, it has increased across northern Chinese provinces during the winter season. The symptoms of HMPV include cough, fever, nasal congestion, and fatigue, with an incubation timeline of three to six days with complications such as pneumonia in infants, elderly, and individuals…

By Damilola Michael The Nigerian music scene is on fire, with various artistes dropping hits that are taking over music streaming platforms. From Apple Music to Shazam, here are the top Nigerian songs that are currently trending: Top 10 Nigerian Songs on Apple Music Top Nigerian Songs on Shazam Top Nigerian Songs on Mdundo These songs are currently trending on music streaming platforms, an indication that Nigerian music is taking over the world. From Afrobeats to hip-hop, it is easy to see that these artists are pushing the boundaries of music and creating something truly special. Report written by Damilola…