Daily Juice
'Dejo', the popular Yoruba comic actor, has died at 49
Herconomy Updates
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Community Spotlight
Local Stories
Cash-strapped states groan, widen tax net, begin aggressive revenue generation
Low revenue accruing to state governments monthly from the Federation Account Allocation Committee is forcing the sub nationals to renew their calls for the removal of fuel subsidy, The PUNCH reports. Read more…
FG to spend N2.3tn presidential fund on Lagos-Ibadan Expressway, three others
The Presidential Infrastructure Development Fund is going to complete four critical infrastructure projects worth N2.3tn, the Nigeria Sovereign Investment Authority stated on Thursday. Read more…
External reserves loses $313m as oil price fluctuates
NIGERIA’S external reserves fell by $313m in March, according to figures obtained from the Central Bank of Nigeria on Thursday. Read more…
Train attack: Amaechi refutes asking for contributions from Nigerians
Minister only asked Nigerian Railways Corporation to liaise with the hospital management and see how much it can contribute for the treatment of the patients. Read more…
International Stories
In China's 'zero-Covid' lockdowns, patients with other diseases are struggling to survive
On a cold March afternoon in a locked-down city in China's northeastern Jilin province, Chang Liping was standing outside a hospital, desperate and unsure of where to go. Read more…
Energy price: Bill shock for millions as rises hit
Millions of people will now feel the impact of an unprecedented £700-a-year rise in energy costs - at the same time as a host of bill hikes take effect. Read more…
War in Ukraine: Russia accuses Ukraine of attacking oil depot
An oil storage depot is on fire in a Russian city just north of Ukraine after what the local governor said was an attack by two Ukrainian helicopters. Read more…
Tech Updates
All eyes are on Swvl as it starts trading on a SPAC combination
Mass transit and shared mobility provider Swvl went public today in a landmark moment for Egyptian and Middle Eastern tech ecosystems. It’s also a test for the company going public despite a market... Read more…
Business Matters
Nigerian Stocks close the month of March in red
The Nigerian Stock Market All Share Index closed the month of March in red with a negative return of 0.91... READ MORE
Nigeria has over 70 online lending apps – FCCPC
THE Federal Government has said there are about 70 to 90 online lending applications currently operated by various firms in Nigeria. Read more…
FCCPC indicts Google over defaulting online money lending banks, to use US law enforcement
The FCCPC has blamed Google for the inability to trace the owners of some defaulting online money lending banks over consumer rights violations. Read more…
Aliko Dangote, Africa’s richest man, gains $915 million in Q1, now worth $20 billion
Aliko Dangote, the richest man in Africa, posted decent gains in Q1 despite increased geopolitical uncertainty and high inflation. Read more…
US dollar beats major currencies in Q1, up 2.8% on record safe haven inflows
The greenback rose on Thursday as a lack of progress in peace talks between Russia and Ukraine increased demand for safe-haven currencies. Read more…
Diesel: Telcos lament high operational cost, seek FG’s intervention
Telecommunication providers under the aegis of the Association of Licensed Telecommunications Operators of Nigeria have said the rising cost of diesel has impacted negatively on their operational costs and that they are set to approach the Federal Government for special interventions. Read more…
Over 115K crypto investors liquidated as Europe goes hard on crypto
Several major cryptocurrencies plunged on Friday amid worsening inflation numbers and an EU vote on crypto legislation... Read more…
Why Nigerian Airline Operators may sue FG over multiple destinations
It will take foreign airlines 60 years of operating in Nigeria to employ the current staff of Air Peace alone. Read more…
Metro
Yoruba comic actor, “Dejo Tunfulu” ,dies at 49
Popular Yoruba comic actor, Kunle Adetokunbo, popularly known as “Dejo Tunfulu” has been confirmed dead, aged 49. Read more…
Pastor, son, five travellers kidnapped in Lagos-bound Benue Links bus
Gunmen suspected to be kidnappers on Tuesday abducted a pastor, his son and five others between Kabba and Ayere, boundary communities in Kogi and Ondo states. Read more…
Abia pastor allegedly strangles two women, demands N1.5m ransom
A pastor with The Apostolic Church, Umuahia, Salem Chigozirim, has been arraigned before a High Court sitting at Umuahia, Abia State, for allegedly strangling a 45-year-old housewife, Virginia Ndife, and a lady, Chioma Nwoke. Read more…
'I'll kill him on sight' - Mr Macaroni shares threats messages received after objecting to Lekki toll gate reopening
The toll gate will be reopened on Friday, April 1, 2022. Read more…
Quote of the Day
“Don’t worry about failure; You only have to be right once.”
– Drew Houston