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Google to Shut Down Hangouts to Further Consolidate Platform
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Local Stories
Ex-CJN to get N2.5bn benefits, Senate begins corruption probe
The immediate past Chief Justice of Nigeria, Ibrahim Muhammad, is expected to get an N2.5bn severance package from the Federal Government. Read more…
Zamfara Governor signs anti-banditry bill into law proposes death penalty for those found guilty
The Zamfara State Government signed into law, the anti-banditry bill which proposes the death penalty for those found guilty of banditry, kidnappings and other related offences. Read more…
Aggrieved aspirants reject INEC lists, begin multiple court cases
The lists of candidates contesting the 2023 elections have sparked multiple court cases by aggrieved aspirants in many states. States, where aggrieved aspirants are challenging the lists include Ogun, Gombe, Plateau, Akwa Ibom, Benue, Kano, and Taraba. Read more…
Osun police search for the tortured woman, query DPO, detain cops
The Osun State Police Public Relations Officer, Yemisi Opalola, on Tuesday, said the Divisional Police Officer of Adeeke Division, Iwo, had been issued a query over the alleged maltreatment of a woman, Blessing Mba. Read more…
Lagos releases guidelines on abortion
The Lagos State Government through the Ministry of Health has unveiled a policy document on safe termination of pregnancy. The 40-page policy document, tagged “Lagos State Guidelines on Safe Termination of Pregnancy for Legal Indications”, sets out guidelines for safe termination of pregnancy within the ambit of the criminal law of Lagos State. Read more…
Ohanaeze, IPOB kick as court dismisses Kanu’s bail application
A Federal High Court in Abuja on Tuesday dismissed a fresh application for bail by the detained leader of the Indigenous People of Biafra, Nnamdi Kanu. Read more…
Nigerian Youth lead PVC registrations with 6,081,456 registrations – INEC
Nigeria’s Independent National Electoral Commission (INEC) revealed that Nigerian youths led the demographic for completed new voter card registration at 6,081,456, out of a total of 10,487,972. Read more…
International Stories
Biden unveils enhanced US force posture in Europe during NATO summit
US President Joe Biden announced a significant strengthening of US force posture in Europe as he began a two-day NATO summit in Madrid. Read more…
India Postpones New Data Privacy Law That Drove VPN Providers Away
In a major, albeit temporary, victory for data privacy, the Indian government has decided to delay its new rules for VPN providers by three months. Read more…
Monkeypox: White House outlines vaccine plan
The White House is planning to ship thousands of monkeypox vaccines to states as part of a growing federal campaign to halt the outbreak. Read more…
Business Matters
Nigerian Stocks lose over N85 billion in a day
The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 31 basis points. Read more…
Nigeria’s unclaimed dividends rise to N180 billion
The Security and Exchange Commission (SEC) has stated that the commission is working to ensure it reduces the level of unclaimed dividends to zero per cent in the Nigerian financial market. Read more…
African Development Fund approves $2 million to boost electricity reforms in Nigeria and others
The African Development Fund’s Board of Directors has approved a $2 million technical assistance grant to fund research that will support energy reforms in Nigeria and the other West African States. Read more…
Active internet subscriptions rise 2.7% to 145.8m
THE number of active internet subscriptions in Nigeria rose quarter-on-quarter (QoQ) by 2.7 per cent to 145.8 million in the first quarter of 2022 (Q1’22), from 141.9 million in the fourth quarter of 2021 (Q4’21). Read more…
UTM Offshore, Afreximbank sign $11.4bn financing deal
African Export-Import Bank has signed a financing deal with UTM Offshore Limited This deal was signed at its 29th Annual Meetings in Cairo, Egypt recently. The bank will partly finance activities designed to progress the first Floating Liquefied Natural Gas project in Nigeria to bankability. Read more…
Exporters seek National Assembly intervention in N375bn grant approval
The Organised Private Sector Exporters Association has appealed to the National Assembly to urgently ratify the approval of the N375bn by the Federal Government on the backlog of the Export Expansion Grants for exporters. Read more…
Tech Updates
KPMG makes Metaverse entry as it invests $30 Million in Web3 employee training
KPMG, one of the Big Four accounting firms, has revealed the opening of its first metaverse collaboration hub to help its employees and clients pursue growth opportunities in the digital era. Read more…
Google to Shut Down Hangouts to Further Consolidate Platform
As announced in a company blog post, Google is officially shutting down the Hangouts platform. Users of the Hangouts app and the Hangout extension on Chrome will be encouraged to switch over to the Chat platform starting today, with Gmail Hangouts users being transitioned over to Chat in July. The final call for Google Hangouts will be in November, but users will be reminded at least once a month to make the switch. Read more…
Metro
EFCC says landlords letting houses to internet fraudsters risk 15 years in jail
Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission (EFCC) has said that any landlord or landlady that let his or her house to internet fraudsters popularly known as Yahoo boys, will henceforth face prosecution. According to the agency, such house owners will be liable to 15 years imprisonment if found guilty. Read more…
Law & Order actress Mary Mara dead at 61 after drowning in NY river
The 61-year-old movie star was found dead on Sunday, June 25, 2022, after a suspected drowning incident while swimming in the St. Lawrence River, according to a New York State Police press release. Read more…
Quote of the Day
"Far better is it to dare mighty things, to win glorious triumphs even though checkered by failure than to take rank with those poor spirits who neither enjoy much nor suffer much because they live in the grey twilight that knows neither victory nor defeat."
—Theodore Roosevelt