NCC Set to Sanction Starlink for Unapproved Subscription Price Hike in Nigeria
The sudden price hikes have sparked widespread concerns among consumers, many of whom are already grappling with the rising cost of living
Category: Features
Julius Berger Faces Pressure to Complete N280bn Bodo-Bonny Road Project by 2025
The Federal Government has issued a new deadline for the completion of the long-awaited Bodo-Bonny Road project in Rivers State, setting September 2025 as the target date for its finalization. The N280 billion project, which is being handled by construction giant Julius Berger, is expected to be a critical infrastructure boost for the region, connecting…
Former IRS Chief Labels Detained Binance Executive in Nigeria a Hostage
Former IRS Chief of Investigations, Richard Weber, has voiced his concern over the prolonged detention of Tigran Gambaryan in Nigeria, following a trade dispute between the Nigerian government and Binance Limited. Weber, who is deeply troubled by the situation, recently shared his thoughts during an appearance on the podcast “Illicit Edge’s ‘Designated’.” Weber expressed dismay…
FG Launches Crude Oil Sales to Dangote Refinery and Other Local Refineries in Naira
The Federal Government of Nigeria has officially commenced the sale of crude oil to Dangote Refinery and other local refineries in the local currency, the naira, as of October 1, 2024. This significant step was disclosed by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, in a statement released on Saturday….
Federal Government Eliminates VAT on Diesel, CNG, and Electric Vehicles to Lower Prices
The Federal Government of Nigeria has introduced a significant value-added tax (VAT) exemption for a range of energy products, including diesel, Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), and electric vehicles, as part of broader efforts to reduce prices and promote cleaner energy. The announcement, made by the Minister of Finance and Coordinating Minister…
ECOWAS Approves Design for $15 Billion Lagos-Abidjan Highway Project
The Economic Community of West African States (ECOWAS) has officially approved the design for the ambitious Lagos-Abidjan Corridor Highway Development Project, valued at $15 billion. This approval came during a pivotal meeting held in Lagos, Nigeria, where the group also announced that the procurement process for the project would begin at its next gathering. Nigeria’s…
TikTok Bans Russian State Media RT and Sputnik
TikTok has taken action against Russian state-owned media outlets RT and Sputnik, removing their accounts for violating the platform’s rules on covert influence operations. According to TikTok’s official announcement, the accounts associated with Rossiya Segodnya and TV-Novosti, the parent organizations of RT and Sputnik, were suspended for attempting to secretly influence users in violation of…
Dangote Reflects on Missed Opportunity: “I Regret Not Buying Arsenal”
In a recent interview with Bloomberg TV in New York, Aliko Dangote, the Chairman of Dangote Group and Africa’s second-richest individual, expressed regret over his missed opportunity to purchase the Premier League club, Arsenal, for $2 billion. The Nigerian billionaire acknowledged that the current valuation of the club has soared to around $4 billion, making…
FEC Approves Disaster Relief Fund to Enhance Swift Emergency Response Across Nigeria
The Federal Executive Council (FEC) has approved the creation of a Disaster Relief Fund to facilitate swift and effective response to victims of disasters across Nigeria. This new initiative is designed to ensure rapid relief and recovery efforts for communities impacted by emergencies such as floods, fires, and other natural or man-made disasters. The announcement…
MrBeast, YouTube’s Mega Star, Hit with 54-Page Lawsuit: What’s at Stake?
Jimmy Donaldson, better known as MrBeast, is currently facing a significant legal challenge as a 54-page lawsuit has been filed against him by a former employee. The lawsuit brings forward allegations of wrongful termination and breach of contract, claiming that the workplace fostered a toxic environment. The plaintiff, who had been involved in several high-profile…
