High inflation, energy costs may weaken telcos’ earnings from users

Come 2023, the twin challenges of economic difficulties and existing market pressures are expected to compound telecoms operational costs as the Average Revenue Per User (ARPU) is expected to come under serious pressure. As such, operators across the globe, including Nigeria have been told to brace up for the possible impact of the ARPU pressure […]

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Blame FG for power sector woes, stakeholders tell Nigerians

Electricity stakeholders have said the lack of sanctity of contract and sincerity on the part of the Federal Government were the critical factors that frustrated the projected objectives of the power sector years after privatization. They insisted that the Federal Government conducted road shows across the world for investors only to backpedal on the key […]

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Non-oil export proceeds up by $1.79b as CBN pays N81b rebate

Minister of Industry, Trade and Investment, Niyi Adebayo(left); Lagos State Governor, Babajide Sanwo-Olu; Governor, Central Bank of Nigeria (CBN) Godwin Emefiele; Chief Executive Officer, Fidelity Bank, Nneka Onyeali-Ikpe; Chief Executive Officer, Zenith Bank, Ebenezer Onyeagwu; and Chief Executive Officer, GTCO, Segun Agbaje at the 2nd Edition of RT200 Non-Oil Export Summit in Lagos yesterday The […]

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Atiku says APC won’t rule Nigeria beyond 2023

Ex-Vice President and Presidential candidate of the opposition Peoples Democratic Party, PDP, Alhaji Atiku Abubakar, has said that the ruling All Progressives Congress, APC, will not rule Nigeria beyond 2023 due to its alleged poor performance in governance. Alleging that the ruling party has brought untold hardship on Nigerians, he prayed that Nigerians will never […]

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Tinubu lists terms to debate with Obi as Arise TV insists on appearance

Respect Constitution, candidates must attend town hall meeting, Arise TV insists No manifesto, no debate, Tinubu tells Obi Agbakoba: Presidential candidates must address illegitimacy of 1999 Constitution Level of vote buying alarming, INEC Chairman laments UK committed to transparent, credible electoral process in Nigeria APC targets N5b donation with presidential crowdfunding app Alleged identity theft: […]

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Afenifere secretary Ebiseni dumps PDP for Labour Party

The General Secretary of the pan Yoruba socio-cultural and political organisation, Afenifere, Chief Sola Ebiseni, has dumped the Peoples Democratic Party for the Labour Party which parades former Anambra State Governor Mr Peter Obi as its presidential candidate in the 2023 election. In a statement on Monday, titled “On The Peoples Train With Peter Obi […]

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I will be a servant to you all, Adeleke pledges at inauguration as Osun governor

Osun State new governor, Senator Ademola Adeleke has pledged to be a servant to the entire people of the state. He made the promise at his inauguration as the sixth civilian governor of the state on Sunday. Following is his full inaugural speech: Protocol, 1. Today, I stand on the podium of history with a […]

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Osun State: Adeleke reverses appointments made by Oyetola

Osun State Governor Ademola Adeleke has reversed all appointments Adegboyega Oyetola, his predecessor, made from July 7, 2022, till he left office. Adeleke, who was sworn in as Osun State governor on Sunday, also ordered the immediate freezing of all accounts of the state. Speaking after taking his oath of office at the Osogbo City […]

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APC Lagos rally: I cannot be killed, Tinubu declares

Lagos State Governor, Babajide Sanwo-Olu (left); All Progressives Congress (APC) Presidential candidate, Asiwaju Bola Tinubu, and his running mate, Kashim Shettima at the APC Presidential/Lagos State Governor campaign flag off … yesterday. (inset)Party faithful at the rally Photo: Ayodele Adeniran Promises Investment In Education, Health, Infrastructure Urges Nigerians To Reject PDP The presidential candidate of […]

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