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Wednesday, 15 June 2022 06:27

World Bank projects additional 7m Nigerians to fall into poverty by year’s end due to inflation

The World Bank says inflation is likely to push an additional one million Nigerians into poverty by the end of 2022. The international financial organisation made the projection in its latest Nigeria Development Update (NDU), released on Tuesday. The report, titled ‘The continuing urgency of business unusual’, said inflation in Nigeria, already one of the highest in the world before the war in Ukraine, is expected to increase further as a result of the rise in global fuel and food prices caused by the war. “And that, the World Bank estimates, is likely to push an additional one million Nigerians…

Wednesday, 15 June 2022 06:24

Residents molested, vehicles destroyed as IDPs embark on protest in Abuja

There was palpable tension in Abuja, the Federal Capital Territory(FCT), Tuesday, following an alleged attack by hoodlums on innocent drivers, passengers and residents around the Area one in Garki. The hoodlums were said to have gone berserk and attacking vehicles using dangerous weapons around Area 1 and Area 3 axis in the nations capital.The action of the hoodlums which was contained in a WhatsApp message circulated to individuals and groups, sent fears to residents especially those who have their businesses and children schooling in the area.A media crew from the African Independent Television(AIT), deployed to cover the protest escaped death…

Wednesday, 15 June 2022 06:19

Russia warns Europe will 'disappear' if West gives Ukraine missiles

Russia has warned that Europe will 'disappear' in a nuclear apocalypse in the Kremlin's latest doomsday threat for supplying Ukraine with missiles. Viacheslav Volodin, the head of the State Duma, lashed out after Poland's former foreign minister Radoslaw Sikorski said Western allies could send more weaponry to besieged Kyiv. Sikorski claimed Vladimir Putin had violated the Budapest Memorandum on Security Assurances of 1994, which justifies the Western delivery of nuclear weapons. He told Ukrainian channel Espreso TV the supplies would 'give Ukraine the opportunity to defend its independence'. Ukraine agreed to give up all its nuclear weapons left over from…

Wednesday, 15 June 2022 06:18

What to know after Day 111 of Russia-Ukraine war

Russia told Ukrainian forces holed up in a chemical plant in the embattled city of Sievierodonetsk to lay down their arms by early Wednesday, pressing its advantage in the battle for control of eastern Ukraine. Ukraine is calling for an increase in Western heavy weapons after Russia committed the bulk of its firepower to the eastern Donbas region, a topic expected to feature prominently at a meeting of NATO defence ministers on Wednesday in Brussels. Ukraine says more than 500 civilians are trapped alongside soldiers inside the Azot chemical factory where its forces have resisted weeks of Russian bombardment and…

Tuesday, 14 June 2022 06:50

Power outage persists nationwide as electricity feeds into grid fluctuate

About 19 hours after Sunday’s system collapse, the Nigerian national grid is yet to recover to its previous level of 3,700 megawatts (MW) as less than 12 power plants had fluctuated power generation on Monday afternoon. Although the Transmission Company of Nigeria (TCN) was battling to manage the grid, stakeholders in the power sector are yet to be briefed on the immediate cause of the system collapse, which was the fourth this year. The system collapse incident of Sunday lasted for about three hours, from 6:45pm to around 10pm, when power consumers began confirming restoration of supply in parts of…

Tuesday, 14 June 2022 06:49

FG issues Code of Practice for Twitter, Facebook, WhatsApp, others operating in Nigeria

PRESS RELEASE National Information Technology Development Agency (NITDA) is mandated by section 6 of the NITDA Act 2007, to standardize, coordinate and develop regulatory frameworks for all Information Technology (IT) practices in Nigeria. In accordance with its mandates, President Muhammadu Buhari directed the Agency to develop a Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries (Online Platforms), in collaboration with relevant Regulatory Agencies and Stakeholders. In line with the directive, NITDA wishes to present to the Public a Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries for further review and input. The Code of Practice is aimed at…

Tuesday, 14 June 2022 06:47

Washington starts blame game over defeat in Ukraine

President Volodymyr Zelenskyy of Ukraine has provided near-daily updates of Russia’s invasion on social media; viral video posts have shown the effectiveness of Western weapons in the hands of Ukrainian forces; and the Pentagon has regularly held briefings on developments in the war. But despite the flow of all this news to the public, U.S. intelligence agencies have less information than they would like about Ukraine’s operations and possess a far better picture of Russia’s military, its planned operations and its successes and failures, according to current and former officials. Governments often withhold information from the public for operational security.…

Tuesday, 14 June 2022 06:45

What next? Ukraine's allies divided over Russia endgame

Is it better to engage with Russian President Vladimir Putin over his invasion of Ukraine or to isolate him? Should Kyiv make concessions to end the war, or would that embolden the Kremlin? Are ramped up sanctions on Russia worth the collateral damage? These are some of the questions testing the international alliance that swiftly rallied around Ukraine in the days after the Russian invasion but that, three months into the war, is straining, officials and diplomats told Reuters. As Western governments grapple with spiralling inflation and energy costs, countries including Italy and Hungary have called for a quick ceasefire.…

Tuesday, 14 June 2022 06:44

What to know after Day 110 of Russia-Ukraine war

Russian forces cut off the last routes for evacuating citizens from the eastern Ukrainian city of Sievierodonetsk, a Ukrainian official said, as the Kremlin pushed for victory in the Donbas region. The last bridge to the city was destroyed, trapping any remaining civilians and making it impossible to deliver humanitarian supplies, said regional governor Sergei Gaidai, adding that some 70% of the city was under Russian control. Ukraine has issued increasingly urgent calls for more Western heavy weapons to help defend Sievierodonetsk, which Kyiv says could hold the key to the battle for the eastern Donbas region and the course…

Monday, 13 June 2022 06:46

Nationwide power outage as grid collapses again

Nigeria experienced a nationwide outage on Sunday evening as the national electricity grid crashed to zero. This is the fourth time Nigeria will be experiencing a system collapse this year, the last being on 8th April 2022. According to a top official of a Generation Company (GenCo), the nationwide outage began around 6pm as the generation from various power plants dipped. “We experienced a grid collapse this evening at 18:49 hours,” said the official. As of 6:00pm on Sunday, June 12, 2022, power generation on the national grid was 1,353.80 megawatts (MW), generated by 13 GenCos shortly before the system…

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Monday, 13 June 2022 06:43

The major parties have handed nominations to contest 2023 elections to past and current treasury looters - ASUU

Exclusion of the best brains in Nigerian politics through high-cost nomination forms will place Nigeria’s future in the hands of looters. This was the thrust of the June 12 message of the Academic Staff Union of Universities, University of Ibadan, by its chairman, Ayoola Akinwole. According to him, “it is a strategy of handing over the country to those individuals who have looted the country in the past. If this practice goes unchallenged, Nigerians are in for not just another regime of poor governance but that of extreme corruption and looting.” The ASUU boss stated that it will take a…

Monday, 13 June 2022 06:39

China surpasses US in the eyes of young Africans, survey shows

China has overtaken the US as the foreign power seen as having the biggest positive influence in Africa by young people, according to a survey released on Monday. A survey conducted by the Ichikowitz Family Foundation found that 76% of 4,507 young Africans across 15 countries named China as a foreign power with a positive influence on their lives, compared with 72% for the US. In 2020, when the inaugural study of 18-to-24-year-olds was conducted, 83% of respondents saw the US’s influence as positive while the figure for China was 79%. The results are further evidence that China is winning…

Monday, 13 June 2022 06:35

What to know after Day 109 of Russia-Ukraine war

Ukrainian defenders were fighting fiercely for "every metre" of Sievierodonetsk, President Volodymyr Zelenskiy said, as Russian forces destroyed a bridge to another city across the river, leaving stranded civilians with just one way out. Sievierodonetsk has become the epicentre of the wider battle for control over Ukraine's eastern Donbas region. Russian forces have taken most of Sievierodonetsk, having pulverized parts of the city in one of the bloodiest assaults since the Kremlin unleashed its invasion on Feb. 24. "The key tactical goal of the occupiers has not changed: they are pressing in Sievierodonetsk, severe fighting is ongoing there - literally…

Sunday, 12 June 2022 06:45

IBEDC explains why some Ogun communities have prolonged power outage

Management of Ibadan Electricity Distribution Company (IBEDC), has appealed to its customers in some parts of Ogun state, to bear with it over the current power outage being experienced. The communities, according to the distribution company include Papalanto, Arigbajo, Ejio Ifo, Agosi, Olomu road, Ososun village, Coker, Akinside, Ibogun, Oju-sango, Pakoto, Babyoku, Agebgise, Ogun bade, Iyana Cele, Iyana Ilogbo, Owode, Ijako, Isorosi, Ishaka Igbala, Ijako-Sugar, Lagos/Abeokuta Expressway, Ilaro town, Igbogila, Oja Odan, Ilaro poly, Paayi, Idiroko, Ipokia, Ilase, Igua, Farm settlement, Ibese, Ijoga, Ibara orile, Ijoun, Imasayi, Abule oke, Maria, Yewa, Ajegunle, Abalabi, Akinside, Akinbo. Olorunsogo, Ilaro road, Weybridge, Gudugba,…

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