MAN FOUND UNCONSCIOUS AFTER ALLEGEDLY THROWING CHILDREN FROM STOREY BUILDING IN ABA. (PHOTO).

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  DEVELOPING STORY: Man Found Unconscious After Allegedly Throwing Children From Storey Building in Aba A man was reportedly found unconscious but still breathing after allegedly falling from a storey building at New Phase of Umuobe by Barracks, Opobo Road, Obignwa, Abia State. The incident, which occurred on Thursday, has caused panic among residents of the area. Eyewitnesses told Magic FM Aba that the man allegedly threw two of his children from the building before attempting to throw down his wife. However, the circumstances surrounding the incident remain unclear. The two children were reportedly rushed to a hospital for medical attention. As of the time of filing this report, Magic FM Aba could not independently confirm their condition or whether they survived the fall. The man, who sustained an injury to the head, was still lying in front of his house and had yet to receive assistance as of the time of this report. Witnesses said he was unconscious but still breathing. Reside...
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NIGERIA’S INFLATION TO INCREASE, TRUMP MAY REVERSE TARIFFS — ECONOMIST REWANE. (PHOTO).

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 Nigeria’s inflation to increase, Trump may reverse tariffs — Economist Rewane


The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has said the recent rise in the price of petrol may cause an increase in Nigeria’s inflation rate from 23.18%.

Rewane stated this on Channels Television’s Business Morning show on Tuesday.

“There might be an increase in the rate of inflation because of the increase in the price of petrol but we haven’t seen the corresponding increase in the prices of transport fares so far.

“What we’ve seen in the last few days is that food commodity prices have increased, coupled with the fact that the planting season is here,” he said.

The economist said uncertainties and the fears of recession have become very palpable with the imposition of tariffs on imported products to the United States by the Donald Trump presidency.

According to him, the prices of gold and crude oil have been impacted by the tariff war started by the Trump presidency.

“The United States has disrupted things with its policy initiatives. The United States, I think, will reverse some of those decisions when they begin to impact everybody. We are in a political system. 2026 is going to be mid-term elections and I think the United States is going to begin to retrace some of its steps,” he added.

The economist, however, warned against panic, saying the volatility would be for a short while.

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