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Local Stories
Aggrieved Akwa Ibom youths barricade INEC office, demand REC’s removal
Over 1,000 youths under the aegis of the Coalition of Political Parties in Akwa Ibom State, on Wednesday, barricaded the Secretariat of the Independent National Electoral Commission in the state, demanding the immediate removal of the Resident Electoral Commissioner, Mike Igini. Read more…
Civil society coalition pushes amendments to NITDA’s Internet Code of Practice
A coalition of civil society organisations in Nigeria has sent a memo to the National Information Technology Development Agency of Nigeria (NITDA), recommending changes to the provisions of the Internet Code of Practice released by the Agency recently. Read more…
Reps probe petrol subsidy regime from 2017 to 2021
The House of Representatives yesterday resolved to investigate the petroleum products subsidy regime in Nigeria from 2017 to 2021, and has set up an ad hoc committee to carry out the probe. Read more…
VP slot: PDP in turmoil over Atiku’s rejection of Wike
Governor Samuel Ortom of Benue State in an interview with Arise Television revealed that all is not well within the party. Read more…
FG targets N3.96tn revenue from oil and non-oil sectors
The Federal Government, on Wednesday, approved a new revenue boost scheme aiming to annually generate N3.8tn and N160bn from non-oil and oil ventures respectively. Read more…
FG pays N74bn bridging claims to oil marketers
The Federal Government on Wednesday said it paid N74bn as bridging claims to oil marketers for the transportation of petroleum products across the country in seven months. Read more…
International Stories
Brutal killing caught on camera stokes religious tensions in India
Religious tensions are flaring in India following the killing of a Hindu man allegedly by two Muslim assailants as authorities attempt to stop video of the brutal attack from circulating online. Read more…
The US to ramp up military presence across Europe
The US will increase its military presence across Europe as Nato agreed to a "fundamental shift" in its response to Russia's invasion of Ukraine. Read more…
The UK pledges an extra £1bn in military support
The UK will provide an additional £1bn in military aid for Ukraine, a near-doubling in its support for the fight against the Russian invasion. Read more…
Business Matters
The official exchange rate falls big to the lowest level year-to-date
The exchange rate between the naira and the US dollar closed at N424.88/$1 at the Investors and Exporters (I&E) window. Read more…
FG approves reforms to boost non-oil revenue to N3.8 trillion annually
The Federal Government through the Federal Executive Council (FEC) has approved reforms to boost Nigeria’s non-oil revenue to N3.8 trillion and oil revenue to N160 billion annually. Read more…
Stakeholders canvass more roles for women in the oil sector
The Chairperson of the Nigerian National Petroleum Corporation Board, Sen. Margery Chuba-Okadigbo, has pushed for the establishment of Project 100 for women-owned businesses in the oil and gas sector, saying the initiative will encourage more women's participation. Read more…
Tech Updates
Tesla's layoffs hit Autopilot team as AI develops
Tesla (TSLA) is increasingly turning to machines rather than humans as it attempts to develop autonomous vehicles. Read more…
Metro
Candace Parker makes WNBA history by reaching an unprecedented milestone
Candace Parker became the first player in WNBA history to reach 6,000-plus career points, 3,000-plus rebounds and 1,500-plus assists, as she led the Chicago Sky to a 91-83 win over the Connecticut Sun. Read more…
Quote of the Day
“Clarity affords focus.”
—Thomas Leonard