NIGERIA’S INFLATION RATE RISES FOR THIRD CONSECUTIVE MONTH. (PHOTO).

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 Nigeria’s inflation rate rises for third consecutive month Nigeria’s inflation rose for the third consecutive month to 15.93 percent in May 2026 from 15.69 percent recorded in April. The National Bureau of Statistics disclosed this in its Consumer Price Index and inflation data released on Monday. This means that in May, the country’s inflation rose on a month-on-month basis by 1.75 percent. Also, the report showed that food inflation also skyrocketed to 16.96 percent in May, up from 16.06 percent recorded the previous month. “In May 2026, the headline inflation rate on a month-on-month basis was 1.75 percent, which was 0.39 percent lower than the rate recorded in April 2026 (2.13 percent). On a year-on-year basis, the headline inflation rate rose to 15.93 percent, up from 15.69 percent in April 2026 and down from 26.06 percent in the same month of the preceding year (May 2025). “The Food inflation rate in May 2026 on a month-on-month basis was 2.98 percent, down by 0.65 percentag...

AT LEAST 69 KILLED IN POWERFUL EARTHQUAKE IN THE PHILIPPINES . (PHOTO).


 At least 69 killed in powerful earthquake in the Philippines 

At least 69 people were killed when a powerful earthquake struck Cebu province in the central Philippines late Tuesday night, officials said, leaving residents trapped in collapsed homes, nightclubs, and other businesses in the city of Bogo and surrounding rural towns.

The magnitude-6.9 quake hit around 10 p.m., originating from an undersea fault at a shallow depth of 5 kilometers (3 miles), about 19 kilometers (12 miles) northeast of Bogo, a coastal city of roughly 90,000 people. About half of the confirmed deaths were reported in Bogo, though officials warned the toll could rise as rescue operations continued. Army troops, police, and civilian volunteers, supported by backhoes and sniffer dogs, carried out house-to-house searches for survivors, but rain and damaged roads and bridges were hampering efforts.

Officials said some residents were trapped under debris in mountain villages where landslides and boulders blocked access. In Medellin and San Remigio, additional deaths included three coast guard personnel, a firefighter, and a child who were killed by collapsing walls and falling debris while fleeing a sports complex. Survivors were being treated at hospitals, and authorities considered requesting international aid after rapid damage assessments.

The Philippine Institute of Volcanology and Seismology briefly issued a tsunami warning for Cebu and nearby provinces Leyte and Biliran, but no significant waves were reported, and the warning was lifted within three hours. Many residents remained outdoors overnight in fields and parks, fearful of returning home, as intermittent rains continued.

Cebu and surrounding provinces were still recovering from a tropical storm that struck the region on Friday, killing at least 27 people and leaving widespread flooding and power outages. Schools and government offices in affected areas were closed for structural safety inspections. More than 600 aftershocks were recorded following the quake, raising concerns about potential landslides on rain-soaked mountainsides.

The Philippines, located on the Pacific “Ring of Fire,” is highly prone to earthquakes and volcanic eruptions, and experiences roughly 20 typhoons annually, making it one of the world’s most disaster-prone countries.

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