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Nigerians to pay more as GSM operators plan 40% tariff hike
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Local Stories
North-East, North-Central borders yet to meet reopening specifications – Customs
One week after the Federal Government announced the second phase of the reopening of land borders, the Nigeria Customs Service has said that borders in the North-East and North-Central regions are yet to meet the reopening specifications. Read more…
Dumping rotational presidency causes crisis – Akeredolu, Senators
THE Chairman of the Southern Governors’ Forum and Governor of Ondo State, Mr Rotimi Akeredolu, has insisted that the southern part of the country must produce the next president of the country. Read more….
Activist threatens to sue Buhari over Immigration Service boss tenure extension
Human rights activist, Inibehe Effiong, has threatened to sue the Federal Government over the decision of the President, Major General Muhammadu Buhari (retd.), to extend the tenure of retired Deputy Comptroller-General of Immigration, Isah Jere, as the acting Comptroller-General of the Nigeria Immigration Service. Read more….
APC Plateau South stakeholders endorse Lalong for the senatorial race
Stakeholders of the Plateau South All Progressives Congress have endorsed the state governor, Simon Lalong, as their candidate in the constituency’s senatorial seat, ahead of the 2023 elections. Read more….
Emir of Zazzau suspends four district heads over Durbar rules
For allegedly violating the Sallah tradition, the Emir of Zazzau, Ahmed Bamalli, has suspended four district heads. Read more….
FIFA fines Nigeria N64m, orders Eagles to play one match without fans
World football governing body, FIFA, yesterday, imposed an N64 million (150, 000 Swiss francs) fine on Nigeria for crowd disturbances that followed the Super Eagles’ inability to beat Ghana and qualify for the Qatar 2022 World Cup. Read more…
Dana plane tyres catch fire after an aborted take-off
At least fifty passengers aboard a Dana Air plane disembarked safely after the aircraft’s tyres caught fire shortly after an aborted take-off at the Port Harcourt airport in Rivers State. Read more….
International Stories
North Korea launches ballistic missile, Japan and South Korea say
North Korea fired a ballistic missile into the waters off its east coast on Wednesday, Japan and South Korea have reported. Read more….
Al-Shabaab gunmen attack major AU military base, Somali commander says
As Somalis are celebrating Eid Al-Fitr for the second day, the Al-Qaeda-linked terrorist group Al-Shabaab launched a dawn attack on a major military base housing AU forces, witnesses and officials said. Read more…
Homes for Ukraine: Housing scheme called a danger to refugees
Potentially abusive men are using a UK scheme to host Ukrainian refugees - to contact vulnerable women. Read more….
JD Vance: Trump-backed contender clinches Ohio Senate race
A candidate endorsed by Donald Trump has won the Republican Senate nomination for Ohio, in a sign of the former US president's continued influence on his party. Read more….
Business Matters
Cooking gas: Nigeria needs $750m for 5MMT annual consumption
NIGERIA requires about $750m investment in the transportation and retailing infrastructure for Liquefied Petroleum Gas, popularly called cooking gas, to achieve the target of five million metric tonnes of annual consumption, operators in the LPG space have said. Read more….
World Bank to review poverty index over inflation, others
The World Bank plans to revise the global poverty line from $1.90 to $2.15 due to increases in the costs of basic food, clothing, and shelter across the world. Read more…
Firms collapse as Nigeria’s 11.5% lending rate is among the global highest
Nigeria’s Monetary Policy Rate (lending rate) of 11.5 per cent is among the highest in emerging economies, findings by our correspondent have shown. Read more….
Power firms owe banks N861.14bn amid worsening electricity crisis
THE debt owed to Nigerian banks by operators in the power sector rose by 12.83 per cent in one year to N861.14bn in December 2021 amid the lingering problems plaguing the sector since it was privatised over eight years ago, according to the Central Bank of Nigeria data. Read more….
Ranching and others will deliver N2tn return on investment –FG
THE livestock programme being implemented in selected states across the country under the National Livestock Transformation Plan is to deliver an investment return of not less than N2tn to the Nigerian economy, the Federal Government has said. Read more….
Nigerians to pay more as GSM operators plan 40% tariff hike
Telecommunication companies are proposing a 40 per cent increase in the cost of calls, SMS, and data to the Nigerian Communications Commission as a result of the rising cost of running a business in the nation. Read more…
Tech Updates
Community Coins: Dogecoin (DOGE) & Mushe (XMU) rise as Elon Musk buys Twitter
Almost immediately after it was announced that Tesla CEO Elon Musk purchased Twitter for $44 billion, the price of Dogecoin (DOGE), the cryptocurrency Musk often promotes on social media, increased nearly 14%. Read more…
Mushe (XMU) Joins TikTok Owners ByteDance in a Contest of Clashing Metaverses
Facebook holding company Meta has gotten off to a rough start in its efforts to create a metaverse as popular as its flagship platform. The company lost an estimated $10 billion in 2021 on metaverse-related initiatives alone, and its share price has plummeted. Read more….
Metro
Guard bolts with Lagos resident’s dog after collecting the first salary
A newly recruited guard with a private security firm in Lagos State, Steven Meyor, has disappeared after allegedly stealing valuables from residents of a building he manned. Read more…
Ogun police torture motorcyclist to death, family demands justice
A 39-year-old commercial motorcyclist, Abiodun Oladele, has been reportedly tortured to death while in the custody of the Ogun State Police Command. Read more…
IPOB warns Apostle Suleman against unguarded utterances
The Indigenous People of Biafra has warned Apostle Johnson Suleman over what it described as “unprovoked verbal attack and ranting” against the group. Read more….
Post Malone expecting 1st child with his longtime girlfriend
According to sources close to the rapper, a party was held with close family members over the weekend to celebrate the big news. Read more….
Toyin Abraham is pregnant
In a video shared via her Instagram page on Sunday, May 1, 2022, the movie star is seen standing beside her hubby with her protruding belly. Read more….
Juliet Ibrahim recounts how she was r*ped by one of her exes
This is not the first time the actress will be speaking about her former partner, Paul, who raped her during their relationship. Read more….
Quote of the Day
“The path to success is to take massive, determined actions.”
—Tony Robbins