Daily Juice

NNPC remits $2.7bn to CBN in six months

Herconomy Updates

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Tech Updates

iPhone 14 Pro: Xcode Beta Confirms Always-On-Display Feature

MacRumors reports based on Steve Moser’s discovery of the Always-on Display feature set in Xcode 14 Beta. The working example shows the Date Time Widget on the lock screen all the time. by adjusting the light on the screen from normal and increasing the light when being awakened again. Read more…

Local Stories

2023: North-West, South-South Leads as INEC registers 12m Nigerians

Following the suspension of the Continuous Voter Registration (CVR) exercise, which commenced on June 28, 2020, the Independent National Electoral Commission (INEC) on Monday announced that the number of fresh registrants that completed their registration stood at 12,298,944. Read more…

PDP: Wike demands Ayu’s removal, a single term for Atiku, BoT meets tomorrow

The Peoples Democratic Party (PDP) Board of Trustees (BoT) will meet tomorrow to mediate in the lingering post-convention crisis, setting the stage for a face-to-face parley between two warring gladiators – Nyesom Wike, governor of Rivers State and Alhaji Atiku Abubakar, presidential candidate of the party. Read more…

Nigeria missing as BRICS moves to cut Western domination

Though Nigeria is listed as one of the countries that have expressed interest in joining BRICS, a bloc of five major economies – Brazil, Russia, India, China and South Africa – whose focus is to reduce Western dominance and build a new economic order, its membership may have been stalled by its peculiar challenges. Read more…

25 killed in Plateau within 24 hours

No fewer than 25 persons were killed at the weekend in Plateau State. The deaths were due to attacks by suspected Fulani militia and a clash of vigilante operatives with bandits. Read more…

Police strategies, NSCDC warns as terrorists infiltrate South

The police have mobilised to foil plans by terrorists to attack the southern part of the country sequel to the infiltration of the region by suspected Boko Haram and Islamic State West Africa Province terrorists. Read more…

Ex-APC presidential aspirant dumps Tinubu, endorses Obi

A former presidential aspirant of the All Progressives Congress, APC, in the 2019 presidential election, Dr SKC Ogbonnia, has disclosed his intention to dump his political party affiliation and its 2023 presidential candidate, Bola Tinubu, to support the presidential candidate of the Labour Party, LP, Mr Peter Obi. Read more…

Insecurity: FRSC to clamp down on unregistered motorcycles

To stem the tide of the heightened insecurity in the country, the Federal Road Safety Corps, FRSC, has opted to go tough on unregistered motorcycles across the 36 states. Read more…

International Stories

Ayman al-Zawahiri: Al-Qaeda leader killed in US drone strike

The US has killed the leader of al-Qaeda, Ayman al-Zawahiri, in a drone strike in Afghanistan, President Joe Biden has confirmed. Read more…

China-Taiwan: Tensions spike ahead of Pelosi's expected visit

Taiwan is bracing for a potential show of force from China as US House Speaker Nancy Pelosi was expected to arrive on the island late Tuesday. Read more…

Ukraine war: Russia accuses the US of a direct role in the Ukraine war

Russia has accused the US of direct involvement in the war in Ukraine for the first time. Read more…

Israel's Prime Minister makes a rare allusion to the country's nuclear weapons arsenal

Israel's Prime Minister Yair Lapid made a rare allusion to the country's widely suspected nuclear arsenal during a speech on Monday. Read more…

Business Matters

Confusion as the communications ministry rejects FG’s 5% excise duty on the sector

There appears to be a lack of cohesion within the Federal Government as the Ministry of Communications and Digital Economy rejected the planned implementation of a five per cent excise duty on the sector. Read more…

FG insists on price control amid 12 new oil regulations

Despite an increase in the price of petrol, also known as Premium Motor Spirit (PMS) across the country, the Federal Government, in Abuja, yesterday, said the cost of the product is still being regulated, even as it blamed marketers for the price increase. Read more…

NNPC remits $2.7bn to CBN in six months

The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts with the Central Bank of Nigeria from January to June this year, a document on NNPC remittances to CBN seen in Abuja on Sunday showed. Read more…

Transcorp records N13.36bn profit

Transnational Corporation Plc has said it recorded N13.36bn profit before tax in the first six months of 2022. Read more…

Pension assets rise by N842.73bn in six months

Assets under the Contributory Pension Scheme rose by N842.73bn in the first half of 2022 to hit N14.27tn as of the end of June. Read more…

Metro

UBA appoints new GMD, others

United Bank for Africa Plc on Monday announced the appointment of Oliver Alawuba as its group managing director, overseeing all the Group’s banking operations across its 20 African country networks and globally in the United Kingdom, the United States of America, France, and the United Arab Emirates. Read more…

Health workers fault non-payment of new hazard allowance

The Federal Government is yet to commence the implementation of the increased hazard allowance for health workers seven months after its announcement. Read more…

Quote of the Day

"If you nurture your mind, body, and spirit, your time will expand. You will gain a new perspective that will allow you to accomplish much more."
—Brian Koslow