Telecommunications operators in Nigeria have sounded the alarm about potential service disruptions if tariffs are not adjusted to reflect escalating operational costs. The warning was issued by Gbenga Adebayo, Chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), in a statement on Monday. Adebayo described the sector as being “under siege” due to rising operational costs fueled by inflation, volatile exchange rates, and soaring energy prices. Despite these…

Osun State Governor, Ademola Adeleke, officially presented the staff of office and instrument of appointment to Oba Adesuyi Haastrup as the new Owa-Obokun of Ijesaland on Sunday. The ceremony, held at Obokungbusi town hall in Ilesa, was graced by prominent Nigerians and traditional rulers, including the Ooni of Ife, Oba Adeyeye Ogunwusi; the Orangun of Ila, Oba Wahab Adedotun; and other distinguished royal fathers. The enthronement of Oba Haastrup follows…

The economic diplomacy embarked upon by President Bola Tinubu to Brazil, China, India, Germany, France and Saudi Arabia is yielding the desired results. This assertion was made by Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, while briefing State House Correspondents after a meeting with the president in Lagos on Sunday. The Minister noted that as a follow-up on economic diplomacy, he led a delegation to…

Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested six foreigners after intercepting two boats loaded with 1,960 kilogrammes of cannabis, popularly known as “Ghanaian Loud,” at Eleko Beach in Lekki, Lagos on Christmas Eve. The suspects, who brought the consignments from Ghana, were arrested during a midnight operation. Confirming the arrests in a statement on Sunday, the agency’s spokesperson, Femi Babafemi, said the suspects include two Ghanaians,…

The Federal Government of Nigeria has commiserated with the government and people of South Korea following the tragic crash of Jeju Air Flight 2216. The tragic incident occurred on Sunday, December 29, 2024, when the Boeing 737-800, returning from Bangkok, Thailand, attempted to land at Muan International Airport in southern South Korea. The plane skidded off the runway and collided with a wall, resulting in a fiery explosion. Out of…

The Federal Government has declared that the Central Bank of Nigeria (CBN) misappropriated N2.73 trillion in interest payments from Ways and Means advances, in recent years. This development raises serious concerns over irregularities in managing government funds. The allegation was disclosed in the consolidated financial statement of the Federal Government for the year ended December 31, 2021, submitted to the National Assembly by the Auditor-General, Shaakaar Chira, with reference number…

The Federal Government has spent the sum of N1.4 billion to rehabilitate repentant terrorists and establish terrorism trial centres since mid-2023. After former President Muhammadu Buhari gave assent to the Terrorism (Prevention and Prohibition) Bill on May 12, 2022, the National Counter-Terrorism Centre (NCTC) was established. The government announced plans to build two disarmament, deradicalisation, rehabilitation, and reintegration centres for former Boko Haram members and other terrorist factions in December…

Following Federal Government’s implementation of key reforms, including removing fuel subsidies and introducing comprehensive tax policies, the World Bank has disbursed a $1.5bn loan to Nigeria. Per PUNCH, the loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements Nigeria has received with both tranches released in less than six months. A World Bank document seen by NEW DAILY PRIME…

Once again, the annual Calabar Carnival, famously known as “Africa’s Largest Street Party,” lit up the vibrant streets of Nigeria with a dazzling display of culture, music, and entertainment. Held every December, this spectacular event has firmly established itself as one of Africa’s top tourist attractions, drawing visitors from around the world to experience the colorful celebration of Nigerian heritage. The 2024 edition was nothing short of breathtaking. Thousands of…

Former presidential aide, Reno Omokri has expressed confidence in President Bola Tinubu’s chances of securing a second term in the 2027 general elections. In a video posted on his official X account, Omokri lauded Tinubu’s exceptional emotional intelligence and strategic approach to building relationships, even with adversaries. “President Tinubu is a highly emotionally intelligent individual who is strategic in his dealings with people. He has a unique ability to turn…

Operatives of the National Drug Law Enforcement Agency, (NDLEA), have arrested a 48-year-old businessman, Ifeanyi Orizu for ingesting 74 wraps of heroin and cocaine. NDLEA spokesman, Mr Femi Babafemi, disclosed this in a statement on Sunday in Abuja. Babafemi said that Orizu was intercepted while attempting to board an Air France flight 844 from the Nnamdi Azikiwe International Airport, (NAIA) Abuja to Paris, France. He said that the suspect was…

The Lagos State Government has approached the Supreme Court in its bid to overturn the judgment of the Court of Appeal which quashed the conviction of Femi Olaleye, the Managing Director Optimal Cancer Care Foundation, on a two-count charge of defilement of a child and sexual assault by penetration The notice of appeal, which was filed on December 27, 2024, was sighted by NEW DAILY PRIME. The notice which was…