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IMF upgrades Nigeria’s economic growth forecast to 3.4%
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Local Stories
APC’ll deny anti-women aspirants presidential ticket, says women leader
The All Progressives Congress, Tuesday in Abuja, said it would not hand its presidential ticket to anyone who does not prioritize the welfare of women. Read more…
IPOB releases militants’ names behind killings in South-East
The Indigenous People of Biafra have released the names of the Ebubeagu security team allegedly terrorising and killing innocent citizens of Imo State and the South-East. Read more…
Maritime lawyers oppose the 15% imported vehicle levy, demand court intervention
AS the controversy surrounding the introduction of a 15 per cent National Automobile Council levy on imported vehicles lingers, some maritime lawyers have demanded court intervention as a way of resolving the matter. Read more….
Drop your presidential bids, Afenifere leader tells Tinubu, Osinbajo
Leader of Yoruba socio-political group, Afenifere, Chief Ayo Adebanjo, has said that presidential aspirants from the South-West geopolitical zone including Vice President Yemi Osinbajo and former Lagos State Governor, Bola Tinubu, should forget their presidential ambitions. Read more…
International Stories
At least six dead as multiple explosions hit Kabul schools
At least six people have been killed and 11 others injured after multiple explosions rocked a high school and educational centre in western Kabul on Tuesday. Read more…
An abandoned Russian military camp in a forest near Kyiv reveals the horrors of the invasion
Dmitry Nekazakov was walking his dog before he went to work when the Russian shelling started on Hostomel, a city on the outskirts of the capital, Kyiv. The sky buzzed with low-flying helicopters from which Russian troops jumped, while rockets rained down. Read more….
Netflix stock plunges after subscriber losses
After shares tanked earlier this year because of concerns over its subscriber growth, the streaming leader said that it lost subscribers when it reported first-quarter earnings on Tuesday. Read more….
Hepatitis cases detected in children in Europe and the US
Health officials say they are now investigating unexplained cases of hepatitis in children in four European countries and the US. Read more…
Russia gives fresh ultimatum to fighters in Mariupol
Russia gives a new deadline of 1100 GMT (Wednesday) to Ukrainian troops in Mariupol to surrender. Read more…
Business Matters
IMF upgrades Nigeria’s economic growth forecast to 3.4%
The increase in global oil prices has caused the International Monetary Fund to review Nigeria’s economic growth potential to 3.4 per cent in 2022. Read more…
We can’t regulate prices of goods, says FCCPC
THE Federal Competition and Consumer Protection Commission has said that it has no power to regulate consumer prices. Read more….
BoI Group records N62.28bn profit
The Bank of Industry Group on Tuesday said its profit before tax rose by 75 per cent to N62.28bn at the end of December 31, 2021, from N35.54bn recorded in the corresponding period of 2020. Read more….
Despite CBN’s clampdown, Nigerians traded N316.9bn bitcoin in 2021
NIGERIANS traded at least N316.9bn in bitcoin in 2021 despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the nation’s banking system. Read more…
Power generation crashes by 903MW, national grid crisis persists
The latest figures on Nigeria’s power grid performance released on Tuesday showed that the quantum of electricity generated on the grid had continued to fluctuate, as it fell by 903 megawatts on Monday, April 18, 2022. Read more….
Tech Updates
Apple staff make a bid for the first union at a US store
Workers at Apple's Grand Central Station store in New York have announced a plan to start a union. Read more…
Elon Musk thinks Twitter's algorithm should be public. Here's what that could mean
On March 24, weeks before he offered to buy Twitter, Elon Musk posted a poll on the social media platform: "Twitter algorithm should be open source," he wrote, with options for users to vote "yes" or "no." Read more….
Metro
Sexual act: Chrisland management, parents, pupils meet police today
The Lagos State Police Command says it has extended invitations to the management of Chrisland Schools, parents and the pupils allegedly involved in sexual acts during a school trip to Dubai, United Arab Emirates. Read more…
Rivers suspends school teacher, student over sexual misconduct
The Rivers State Commissioner for Education, Prof. Kaniye Ebeku, has said a teacher and one of the students of Government Girls (Junior) Secondary School, Rumuokuta, in the Obio/Akpor Local Government Area of the state, have been suspended over alleged involvement in sexual misconduct. Read more….
DELSU professor released after N3m ransom payment dies
A lecturer and Head of the Music Department, Delta State University, Abraka, Prof. Ovaborhene Idamoyibo, who was kidnapped on April 9, 2022, is dead. Read more…
Ondo man defiles neighbour’s daughter for money ritual
The men of the Ondo State Police Command have arrested a 27-year-old man, Adeniyi Adeleke, for allegedly raping a ten-year-old girl in Idoani in the Ose Local Government Area of the state. Read more….
John Boyega admits he wants a role in Netflix’s ‘Bridgerton’
’Star Wars’ star John Boyega has signalled interest in taking on a role in Netflix’s trending raunchy drama ‘Bridgerton’. Read more…
Joke Silva, Ini Edo, Uche Jombo, Chidi Mokeme others storm Owerri for Rita Dominic's wedding
All roads led to Owerri the capital city of Imo state where the traditional wedding ceremony between Nollywood actress Rita Dominic and her husband, Fidelis Anosike was held. Read more….
Quote of the Day
Desire is the key to motivation, but it’s the determination and commitment to an unrelenting pursuit of your goal—a commitment to excellence—that will enable you to attain the success you seek.”
—Mario Andretti