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Okada ban begins today, Lagos deploys more boats
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Local Stories
Okada ban begins today, Lagos deploys more boats
The fresh ban imposed on operations of commercial motorcycles, popularly called Okada, in six Local Governments and nine local council development areas of Lagos State by the state Governor, Babajide Sanwo-Olu, takes effect from Wednesday (today). Read more…
Buhari’s ‘choice’ of presidential candidate unsettles APC governors
Just as it was in the days leading to the national convention of the ruling All Progressives Congress (APC), which saw Senator Abdullahi Adamu emerge as the national chairman in March, President Muhammadu Buhari, yesterday, met with the 22 APC governors, where he announced to them he would once again, provide leadership ahead of the party’s presidential primary next Monday. Read more…
FG strengthens community pharmacies to achieve the COVID-19 vaccination target
The Federal Government has unveiled COVID-19 vaccination at community pharmacies to boost Nigeria’s efforts at attaining the national target of 70 per cent coverage in deference to the attainment of herd immunity. Read more…
Lagos int’l airport runway lights collapse, pilots warn FAAN
The approach lights on the runway of the Murtala Muhammed International Airport, Lagos, have gone off, forcing pilots to depend solely on equipment on board their aircraft to land, Read more…
Fresh hurdles for Atiku as suit seeks disqualification, queries citizenship
A constitutional lawyer, Mr Johnmary Jideobi, yesterday, approached the Federal High Court in Abuja to challenge the eligibility of former Vice President Atiku Abubakar to contest the 2023 presidential election. Read more…
2023: Sharada rejects Kano APC guber primary, wants Gawuna’s candidacy nullified
An aggrieved governorship aspirant on the platform of the All Progressives Congress in Kano State, Alh. Sha’aban Sharada has urged the leadership of the party to nullify Dr Nasiru Yusuf Gawuna’s nomination as the candidate of the party for the 2023 governorship poll in the state. Read more…
Bandits abduct students, and travellers on Birnin-Gwari road, burn vehicles
Bandits in the early hours of yesterday abducted students and other travellers along the Birnin-Gwari highway. Read more…
The US grants Adeosun’s foundation non-profit, tax-exempt status
Dash Me Foundation, an organisation founded by Nigeria’s former Minister of Finance, Kemi Adeosun, has announced it has been granted a non-profit with tax-exempt status by the United States government. Read more…
International Stories
Shanghai lockdown: China eases Covid restrictions after two months
The Chinese city of Shanghai, the country's economic centre and a global trade hub has eased Covid curbs after a two-month lockdown. Read more…
Texas: Supreme Court blocks state's 'de-platforming' law
A Texas law forbidding social media giants from regulating certain forms of online speech has been blocked by the US Supreme Court. Read more…
Ukraine war: the US to send longer-range rockets in the latest aid package
The US will send Ukraine more advanced rocket systems to help it defend itself, President Biden has announced. Read more…
Business Matters
Cost of 12.5kg cooking gas hits N9,400 in May 2022, highest in 3 years
The cost of purchasing a 12.5kg cylinder of household cooking gas in Nigeria has increased from N7,000 in September 2021... READ MORE
NEPC eyes $2.7tn African market through e-commerce
The Nigerian Export Promotion Council, NEPC, is targeting the $2.7 trillion African market through the instrumentality of e-commerce. Read more…
CBN retains a 5% interest rate for the power sector, others
Sequel to its development finance initiative, the Central Bank of Nigeria has agreed to leave interest rates at five per cent per annum for critical sectors and manufacturing industries until March 2023. Read more…
Exchange rate moderates across FX markets despite a drop in turnover
The exchange rate between the naira and the US dollar closed at N419.5/$1 at the Investors and Exporters (I&E) window. Read more…
Russian owned Renaissance Capital denies it is shutting down operations in Nigeria
Renaissance Capital, a Russian owned Nigerian based investment firm, has denied rumours that it is closing up shop in the country. Read more
Tech Updates
Vault Hill debuts its NFT marketplace with the public sale of metaverse land
The blockchain-based company, Vault Hill, has launched its NFT marketplace with the public sale of land in its human-centric metaverse, Vault Hill City (VHC). The ongoing sale is being held auction-style using its native token, $VHC. Read more…
Metro
Nigerians react on Twitter as Brymo drums support for Bola Tinubu's presidential aspiration
Nigerian singer Brymo has clamoured for the support of presidential hopeful, Bola Tinubu. Read more…
Mavin records boss launches "Don Jazzy Radio” on Apple Music 1
Apple Music today announced that Afrobeats legendary producer, entrepreneur and Mavin Records founder, Don Jazzy will be hosting a monthly radio series on Apple Music 1 called Don Jazzy Radio from today. Read more…
Quote of the Day
“Be brave to stand for what you believe in even if you stand alone.”
—Roy T. Bennett