In a swift operation on Friday, June 7, officers from the Lagos Rapid Response Squad (RRS) arrested an 18-year-old suspect for allegedly stealing LED road stud lights from the newly renovated Third Mainland Bridge. The suspect, Mubarak Abdullahi, a resident of Makoko, was found in possession of ten LED road stud lights, which are crucial for enhancing road visibility. Abdullahi was reportedly caught in the act by RRS operatives patrolling the bridge. This arrest comes as part of heightened security measures spearheaded by CSP Olayinka Egbeyemi, Commander of the Rapid Response Squad. In recent weeks, bike riders have been deployed…
Author: Editor Francis
In a significant ruling, the Competition and Consumer Protection Tribunal has directed Multichoice Nigeria to offer one month of free subscription to its DStv and GOtv customers. This decision comes amid a broader dispute over price increases for its subscription packages. The three-man panel, led by Justice Thomas Okosu, also imposed a ₦150 million fine on Multichoice Nigeria for challenging the tribunal’s jurisdiction. This ruling follows a recent court order preventing Multichoice from raising the prices of its DStv and GOtv services. The decision was delivered on Friday in Abuja, marking a decisive move in consumer protection and regulatory enforcement.
Members of the Organised Private Sector (OPS) are requesting concessions in response to the proposed new minimum wage being discussed by the National Minimum Wage Tripartite Committee. A representative from the National Association of Small and Medium Enterprises (NASME) conveyed in an exclusive interview with Daily Trust that while they wouldn’t oppose a government decision to set the minimum wage above N100,000, they would seek tax holidays or exemptions if such an increase is implemented. He emphasized that many small and medium-sized enterprises (SMEs) can only afford a wage of N60,000. “Obviously, paying more than N100,000 as wages to our…
The office of South Korean President Park Geun-hye said on Wednesday it had bought dozens of Viagra pills while preparing for her trip to Africa this year, not for anyone’s erectile dysfunction but to treat possible altitude sickness. Reuters Reports News of the purchase, confirmed by Park’s spokesman, Jung Youn-kuk, comes as Park is fighting calls for her to step down over allegations that she and a friend had improperly pressured big businesses to contribute funds to foundations set up to support her policy. Viagra became the most searched keyword among South Koreans on the country’s main online news portals…
The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) has announced that humanitarian partners will require $4.7 billion in 2024 to assist 20.9 million vulnerable individuals in Nigeria, Chad, and five other African countries. This information was revealed in the 2024 Humanitarian Needs and Requirement Overview report, published on the OCHA website on Thursday. The Sahel region, spanning Nigeria, Burkina Faso, Cameroon, Chad, Mali, Mauritania, Niger, and Senegal, faces a complex web of crises, including instability, deteriorating security, and the impacts of climate change. These crises are leaving 32.8 million people in need of humanitarian assistance and protection…
The Presidency has refuted circulating reports claiming that the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, proposed a new minimum wage of N105,000. This denial was issued by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, via his X account on Thursday. Onanuga clarified, “The Honourable Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has not proposed N105,000 minimum wage. The contrary story being disseminated is false.” Earlier, Edun had presented a template to President Bola Tinubu, adhering to a 48-hour deadline. According to PUNCH Online, Edun submitted the…
On Thursday, the authorities in the Kingdom of Saudi Arabia announced that Eid-ul-Kabir will be celebrated on June 16. This follows the official sighting of the crescent moon of Dhul Hijjah, the 12th month of the Islamic Hijri calendar. With the crescent sighting, Friday has been declared the first day of Dhul Hijjah, marking the beginning of the month in which the annual Hajj pilgrimage takes place. The five-day spiritual exercise will commence on Friday, June 14, with Arafat Day, the pinnacle of Hajj, observed on June 15. Eid-ul-Kabir, also known as the Feast of Sacrifice, will be celebrated on…
In a bold move to combat inflation and stabilize prices, President Bola Tinubu is considering a six-month suspension of various taxes, levies, and charges across several sectors of the economy. This initiative, outlined in a draft executive order titled “Inflation Reduction and Price Stability (Fiscal Policy Measures, etc.) Order 2024,” dated May 1, aims to alleviate financial pressures and reduce the cost of food items nationwide. The proposed tax suspension targets a wide range of recipients, including Okada riders, goods transporters, fuel transporters, wheelbarrow and cart pushers, shop owners, and market traders. According to the draft order, President Tinubu is…
As Nigerians prepare for the Eid-el-Kabir celebration, residents of Epe in Lagos State are lamenting the high cost of livestock. Eid el Kabir is a Muslim observance tentatively slated for June 17 in the calendar. It is meant to commemorate the willingness of Ibrahim to sacrifice his son as an act of obedience to Allah’s command. A check by NAN on Thursday shows that while livestock sellers are decrying low patronage, customers, on the other hand, say the cost of livestock is exorbitant. Though the livestock is available at the popular ram markets at Oke-Oyinbo and T-Junction in Epe, respectively,…
Olaniyi Mubaraq, the overall best graduating student from Lagos State University (LASU), has been rewarded with a ₦10 million prize by the Executive Governor of Lagos State, Babajide Sanwo-Olu. The announcement was made by Governor Sanwo-Olu himself during the grand finale of LASU’s 27th convocation ceremony on Thursday. The governor arrived at the university’s campus at 12:38 pm local time. Mubaraq, who studied Accounting Education, achieved an exceptional cumulative grade point average (CGPA) of 4.98 out of 5.0, making him the top graduating student in the 2023/2024 academic session. In addressing the gathering, Governor Sanwo-Olu commended Mubaraq’s outstanding academic performance…
The Nigerian government on Thursday firmly reiterated its stance that the era of petrol subsidy has ended, dismissing a leaked draft report that suggested a staggering N5.4 trillion could be spent on fuel subsidies in 2024. The leaked draft of the Accelerated Stabilization and Advancement Plan (ASAP), presented to President Bola Tinubu by Finance Minister Wale Edun on Tuesday, had estimated fuel subsidy expenditure for 2024 at N5.4 trillion, significantly higher than the N3.6 trillion spent in 2023 and N2.0 trillion in 2022. Reacting swiftly, Presidential Spokesman Bayo Onanuga urged the public and media to disregard the documents, stating…
Pepsi is thrilled to announce a transformative brand evolution with the unveiling of their new logo and visual identity in Nigeria. This exciting refresh ushers in a new era for Pepsi, reinforcing our commitment to innovation, creativity, and fostering deep cultural connections. To celebrate this momentous launch, Pepsi created awe-inspiring digital experiences projected onto two iconic Nigerian landmarks – the National Theatre in Lagos and the Abuja City Gate. Dazzling animations brought our iconic bottle design and new branding to vivid life against these architectural marvels. “This brand refresh transcends a simple logo update – it signifies the dawn of…