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Traders Lose Goods, Properties Worth Millions Of Naira As Fire Guts Karu Market In Abuja

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The Karu market in the federal capital territory (FCT) has been razed by fire.

The incident occurred late Thursday after traders had closed for the day. The cause of the fire is yet to be ascertained.

Millions of naira worth of goods and properties have been damaged by the fire.

One of the traders beseeched the government to intervene on their behalf, lamenting about her plight to reporters.

“Everything just got burnt. I don’t know where to start. This is where we feed from, pay rent and where I pay my children’s school fees from. It’s all gone. Over N20 million gone,” she said.

In March, a section of the popular Wuse market in Abuja was gutted by fire.

The fire was said to have been caused by some aggrieved youths.

The youths were protesting the death of a young man during a clash between officials of the FCT task force and some traders.

BIG STORY

BREAKING: Lagos Assembly Approves ₦4.44 Trillion Budget For Year 2026

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The Lagos State House of Assembly has approved a total budget of ₦4,444,509,776,438 (Four Trillion, Four hundred and Forty Four Billion, Five Hundred and Nine Million, Seven Hundred and Seventy-Six Thousand, Four Hundred and Thirty Eight naira) for the 2026 fiscal year.

The approval was granted during a plenary session held on Thursday, January 8, following the presentation of a comprehensive report by the Chairman of the House Committee on Economic Planning and Budget, Hon. Sa’ad Olumoh.

The session, presided over by the Speaker, Rt. Hon. Mudashiru Obasa saw lawmakers adopt the report through a voice vote, signaling unanimous support for the financial plan aimed at driving sustainable development across the state.

The 2026 budget prioritizes infrastructure development, education, healthcare, economic growth, and social welfare, with over 52% allocated to capital projects. This strategic allocation underscores the government’s commitment to inclusive growth and improved quality of life for residents of Lagos State.

Following the passage, Speaker Obasa directed the Clerk of the House, Barr. Olalekan Onafeko, to transmit a clean copy of the approved bill to Governor Babajide Sanwo-Olu for assent. The Speaker commended members of the Assembly for their diligence and collaborative efforts in ensuring the timely passage of the budget.

It will be recalled that Governor Sanwo-Olu had presented a budget proposal of ₦4.23 trillion to the House on November 25, 2025, which he termed ‘Budget of Shared Prosperity.”

The governor declared then that the budget reflects Lagos State’s vision to strengthen its position as a leading economic hub in Africa through robust investments in critical sectors that foster growth, innovation, and social progress.

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BIG STORY

BREAKING: Chimamanda Adichie Loses 21-Month-Old Son

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Renowned author Chimamanda Ngozi Adichie and her husband, Dr Ivara Esege, have lost one of their twin sons, Nkanu Nnamdi.

According to a statement issued on Thursday by Omawumi Ogbe, on behalf of the family, the 21-month-old baby passed away on Wednesday, January 7, 2026, after a brief illness.

The statement said the family is devastated by the loss and requested that their privacy be respected during this difficult time.

The statement reads, “We’re deeply saddened to confirm the passing of one of Ms Chimamanda Ngozi Adichie and Dr Ivara Esege’s twin boys, Nkanu Nnamdi, who passed on Wednesday, 7th of January 2026, after a brief illness. He was 21 months old.

“The family is devastated by this profound loss, and we request that their privacy be respected during this incredibly difficult time.

“We ask for your grace and prayers as they mourn in private.

“No further statements will be made, and we thank the public and the media for respecting their need for seclusion during this period of immense grief.”

 

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BIG STORY

BREAKING: Rivers Assembly Begins Impeachment Proceedings Against Fubara

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The Rivers State House of Assembly has begun impeachment proceedings against Governor Siminalayi Fubara and his deputy, Ngozi Oduh.

During plenary presided over by the Speaker of the state House of Assembly, Martins Amaewhule, according to a live broadcast on Channels Television on Thursday, the Majority Leader, Major Jack, read out the notice of allegations and gross misconduct against Fubara.

Twenty-six members of the Rivers State House of Assembly signed the notice, which they alleged was against the Nigerian Constitution.

Amaewhule said the notice will be served to Fubara in the next seven days.

The Deputy Majority Leader of the House, Linda Stewart, also read out the notice of allegations and gross misconduct against Oduh.

More to follow…

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