Author: Akintayo Adams

Starlink has temporarily reversed its recent price hikes in Nigeria, following regulatory issues that need resolution. Subscribers received a message from the company on Thursday confirming the hold on the increase, which had raised the monthly subscription rate from ₦38,000 to ₦75,000 and the installation kit to ₦590,000. Customers already billed at the higher rate will get a credit. “Last month, we increased the monthly service price for Starlink in Nigeria to account for inflation, helping us maintain operations and continue delivering reliable service. “Today, we are temporarily suspending this price increase as we navigate regulatory challenges. We remain committed…

The Naira recorded its first appreciation against the dollar at the foreign exchange market since Friday last week as FX supply increased. According to data from FMDQ, the Naira strengthened to ₦1,601.20 per dollar on Thursday from ₦1,654.09 exchanged on Wednesday. This represents a significant ₦52.89 gain against the dollar compared to the ₦1,654.09 exchange rate the previous day. Meanwhile, at the black market, the Naira dropped to ₦1,735 per dollar on Thursday from ₦1,730 traded on Wednesday. The development comes as FX transaction turnover increased to $230.99 million on Thursday from $136.68 million the previous day. Recall, the Naira…

Vice President Kashim Shettima’s planned trip to represent Nigeria at the 2024 Commonwealth Heads of Government Meeting (CHOGM) in Samoa has been canceled. This was due to an incident where a foreign object struck his plane, damaging the cockpit windscreen during a stopover at JFK Airport, New York. President Bola Tinubu has since designated a ministerial team, led by Environment Minister Balarabe Abass Lawal, to represent Nigeria at the summit. “The summit began on the Pacific island on 21 October. It will end on 26 October. Vice President Shettima and foreign minister Yusuf Tuggar have left New York for Nigeria.”…

Multiple title winning South African tactician, Pitso Mosimane has addressed rumours that he turned down the chance to coach the Super Eagles of Nigeria. He was reported to be in the running for the top job after the departure of Jose Peseiro. Mosimane has however said he was not approached by the NFF. “I have to be honest I never said no to the Super Eagles and nobody can easily say no to the Super Eagles. That situation was not there,” he was quoted by iol. “It has to be on the table, sometimes when it’s not on the table…

The Central Bank of Nigeria (CBN), on Thursday, announced that there is no fixed deadline for using the old ₦200, ₦500, and ₦1000 banknotes, dispelling rumors that they would cease to be legal tender by December 31, 2024. This clarification came from CBN spokesperson Sidi Ali Hakama in a statement. “The attention of the Central Bank of Nigeria (CBN) has been drawn to discussions at different fora suggesting that the old series of the ₦200, ₦500, and ₦1,000 banknotes shall cease to be legal tender on December 31, 2024. “We wish to state categorically that such claims are false and…

The Independent National Electoral Commission (INEC) announced plans to set up hotlines for journalists covering the November 16 Ondo State governorship election, allowing them to confirm information before reporting. During a workshop in Akure, Amosa Lamidi, INEC’s Head of Electoral Operations, shared that a dedicated situation room would also be in place to handle media inquiries. Sam Olumekun, Chairman of the Information and Voter Education Committee, who was represented by the state Resident Electoral Commissioner (REC), in the state, Mrs Oluwatoyin Babalola encouraged journalists to maintain accountability and combat voter apathy and misinformation. “We must unite to overcome challenges such…

The Defence Headquarters announced the arrest of a key figure in the Indigenous Peoples of Biafra (IPOB) and the Eastern Security Network (ESN) during their Operation Udoka in the South-East region. The arrests were made in Orsu (Imo State), Amaruku, and Arochukwu (Abia State), and the suspected “founding father” of IPOB and ESN was identified as Pius Iguh. The update was shared by Major General Edward Buba, Director of Defence Media Operations, during the biweekly press briefing on Thursday. “In the South-East, the troops of Operation Udoka, Forward Operational Base (FOB), Orsu, in a sting operation, apprehended a terrorist leader…

Armed gang attacks around Haiti’s capital, Port-au-Prince, have displaced over 10,000 people in the past week, reports the U.N. Migration Agency. As gangs expand beyond the city, more than 700,000 Haitians have been internally displaced, double the amount six months ago. Widespread violence and food shortages, including famine-level hunger, are rampant as gangs seize farmland and block key routes. Despite the U.N.’s authorizing a foreign aid mission, limited resources and international disagreements have hindered its impact, contributing to Haiti’s worsening humanitarian crisis. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

Nigerian singer and activist, Folarin Falana, professionally known as Falz, has warned popular social media critic, VeryDarkMan, to thread a different path to the one he currently toes. Speaking in a now trending interview on the Afro Beats podcast, Falz on Wednesday noted that VeryDarkMan lacks proof for his allegations about Femi Falana, Falz and Bobrisky. “When I reached out to him over the audio, this guy was instantly defensive from the beginning; I’m like bro, try and listen. What are you instantly fighting about? “And he said without mincing words, ‘shebi you are a lawyer, you can go to…

President Bola Tinubu, in a new directive on Thursday, limited the official convoys of ministers, ministers of state, and heads of agencies to three vehicles. He emphasized that no additional vehicles will be provided. This follows his earlier January 2024 cost-cutting measures, which included reducing both foreign and local trip entourages for himself and Vice President Kashim Shettima. The statement, signed by Tinubu and released by Special Adviser Bayo Onanuga, also limits the security detail of these officials to five personnel—four police officers and one DSS officer. Furthermore, Tinubu instructed the National Security Adviser to assess and recommend reductions in…