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WESTERN PERSPECTIVE Russian shelling kills Kherson residents, Zelenskiy denounces 'terrorist attacks' Russian shelling killed three civilians in the southern Ukrainian city of Kherson on Saturday, President Volodymyr Zelenskiy said, denouncing what he called "brutal terrorist attacks" by pro-Moscow units. Ukraine recaptured Kherson in November after nearly eight months of occupation by Russian forces who seized it soon after the start of the large-scale invasion. The area is now under almost constant bombardment from Russian forces on the opposite side of the Dnipro River. One more person died in the eastern Donetsk region, regional officials said. Zelenskiy said the three people…
National Bureau of Statistics has disclosed that trade transactions between Nigeria and other countries in 2022 is estimated to be N52.38 trillion. In a report titled ‘Foreign Trade in Goods Statistics’ NBS stated that total imports amounted to N25.59tr while exports N26.79tr. This indicated that the country recorded a N1.2tr trade surplus as more Nigerian products were purchased in the international community. The report added that in the fourth quarter of 2022, Nigeria’s total trade was N11.72tr from which total exports were N6.35tr while total imports were N5.36trn. “Total exports increased in the fourth quarter by 7.17 percent and 10.28…
Federal government generated a total of N2.83 trillion from Company Income Tax (CIT) in 2022, an increase of 116 percent from its 2021 figure. National Bureau of Statistics (NBS) disclosed this in its recent CIT report for the fourth quarter (Q4) of 2022. Poor revenue generation has continued to pose a challenge to Nigeria’s finances, ultimately affecting its capability to finance its budget — hence the resort to debt acquisition. Last year, President Muhammadu Buhari had said the country’s poor performance in resource mobilisation was a source of concern, as “tax revenues are approximately 8 percent of our output”. Buhari,…
WESTERN PERSPECTIVE Ukraine says Bakhmut battle is grinding down Russia's best units Ukraine has decided to fight on in the ruined city of Bakhmut because the battle is pinning down Russia's best units and degrading them ahead of a planned Ukrainian spring counter-offensive, an aide to President Volodymyr Zelenskiy said. The comments by Mykhailo Podolyak were the latest signal of a shift by Kyiv this week to continue the defence of the small eastern city, site of the war's bloodiest battle, as Moscow tries to secure its first major victory in more than half a year. "Russia has changed tactics,"…
A Russian state TV host suggested this week that people in the UK are being forced to eat squirrels because their country is spending so much money on military aid to Ukraine. "Today it was revealed that some restaurants in once-Great Britain will be serving squirrels," Olga Skabayeva said on Russian news show "60 Minutes," per a translation by Ukrainian interior ministry adviser Anton Gerashchenko. "In view of the fact that there are plenty of animals in the parks, so why not eat them, bearing in mind the food shortage [in the UK]," Skabayeva said in the video. She added:…
Fidet Okhiria, managing director of Nigerian Railway Corporation (NRC), says the driver is to be blamed for the accident involving a train and a bus in Lagos on Thursday. A train collided with a bus conveying staff of the Lagos government with two people confirmed dead. Witnesses at the scene said the bus was attempting to cross the rail track when the oncoming train rammed into it. The train reportedly dragged the bus from Shogunle to the PWD area of Ikeja. Several passengers were said to be injured in the accident. Speaking on the incident, Okhiria said the driver attempted…
A “horrible nuclear war” will break out if the world does not stop Tehran from obtaining atomic weapons, Prime Minister Benjamin Netanyahu said in his first ever address to the Iranian people on Thursday night. “If Iran gets a nuclear weapon, this will be a problem all of us will face. It will change the world,” he said in an English-language interview with Washington-based Iran International that was also dubbed into Persian and broadcast in Iran. A nuclear Iran will cause “the criss-crossing of the Middle East with nuclear trip wires,” as other regimes who understand the danger of a…
WESTERN PERSPECTIVE Russia kills civilians in first huge missile wave for weeks Russia fired a huge wave of missiles across Ukraine on Thursday as people slept, killing at least nine civilians and knocking out power in an attack Kyiv said included six Kinzhal hypersonic cruise missiles, one of Moscow's most valuable weapons. The mass strikes on targets far from the front were the first such wave since mid-February and shattered the longest calm since Moscow began an air campaign against Ukraine's civil infrastructure five months ago. They also briefly forced Europe's biggest nuclear power plant off the grid. "The occupiers…
Fitch Solutions lowered Nigeria’s Social Stability score in its proprietary Short-Term Political Risk Index (STPRI) to 17.5 out of 100, down from the 25.0 previously projected, following what it described as the aftermath of the “weak” mandate claimed by the president-elect. In its latest Country Risk & Industry Research, the global group also downgraded Nigeria’s overall STPRI from 42.1 to 40.2, maintaining that political risks are expected to rise in Nigeria as a result of Tinubu’s victory. Fitch stated that as it had projected, Tinubu – the candidate of the ruling All Progressives Congress (APC) – was declared the winner…
In the face of outcry over rising transaction costs of financial services, deposit money banks (DMBs) have extended electronic money transfer levy (EMTL) to domiciliary accounts. The new levy takes immediate effect. The levy, which is completed by banks on behalf of the government, was previously restricted to naira accounts. But banks have communicated to their customers that the fee would, with immediate effect, apply to domiciliary accounts on the directive of the Minister of Finance, Budget, and National Planning, Zainab Ahmed. Accordingly, a dollar or pound account holder would henceforth pay an equivalent of N50 as EMTL at an…
June 09, 2025

Nigerian energy firm achieves 200,000 barrels daily output after Shell acquisition

Renaissance Africa Energy Company Limited (RAEC) announced it has successfully increased crude oil production beyond…
June 09, 2025

Northern leaders criticize Tinubu for focusing on 2027 re-election instead of national challenges

The Arewa Consultative Forum (ACF) has criticized President Bola Tinubu and the ruling All Progressives…
June 10, 2025

5 crystal clear signs to quickly spot someone with good leadership skills

Marcel Schwantes So many leaders in high perches chase titles, perks, bigger offices and even…
June 07, 2025

‘Nigerians are marrying all our daughters’, Kenya’s President Ruto, cries out

Kenyan President William Ruto has stirred up a storm on social media with his provocative…
June 10, 2025

13 killed in fresh attacks in sokoto and plateau states amid rising insecurity

At least 13 people have been killed in separate violent incidents in Sokoto and Plateau…
June 10, 2025

What to know after Day 1202 of Russia-Ukraine war

RUSSIAN PERSPECTIVE Russia conducts ‘retaliatory strikes’ on Ukrainian airfield – MOD Russian forces have conducted…
June 10, 2025

Apple announces biggest software changes in years

Apple on Monday announced sweeping changes to its product ecosystems, including a wide-ranging revamp of…
May 13, 2025

Nigeria's Flying Eagles qualify for World Cup after dramatic win over Senegal

Nigeria's U-20 national football team, the Flying Eagles, have secured their place at the 2025…

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