The financial crisis facing Nigeria’s data centres is reaching a critical point due to the ongoing devaluation of the naira. This sector, vital for the country’s digital infrastructure, is grappling with severe financial strain as operators struggle with the dual challenges of currency depreciation and inadequate long-term funding. As explained by Ikechukwu Nnamani, CEO of…
Abia State Governor Addresses Controversy Surrounding Deputy Speaker’s Forecast Abia State Governor Dr. Alex Otti has clarified his decision to withhold comment on Deputy Speaker Benjamin Kalu’s assertion that the Labour Party (LP) would be replaced by the All Progressives Congress (APC) in the 2027 elections. Otti’s explanation comes in the wake of heightened political…
The Labour Party Faces an Intensifying Leadership Dispute with Legal Challenges on the Horizon The Labour Party (LP) crisis has taken a dramatic turn as the party’s internal conflict deepens, now poised to move to the courts. The recent developments center around a newly appointed interim leadership, which has sparked fresh controversy and legal challenges….
NNPC’s Refusal to Be Sole Buyer May Drive Dangote Refinery to Focus on Exporting Petrol The ongoing dispute between Dangote Refinery and the Nigerian National Petroleum Company Limited (NNPC) has cast doubt on the future of local petrol supplies. The NNPC has declared it will not purchase petrol from Dangote’s facility unless it is priced…
Betsy Obaseki clarifies her family’s situation and addresses Adams Oshiomhole’s comments on her and Governor Obaseki’s personal lives. In a recent statement, Betsy Obaseki responds to former Edo State Governor Adams Oshiomhole’s claims that she and her husband, Governor Godwin Obaseki, are childless. Oshiomhole had suggested that the Obasekis do not love children and criticized…
Effective September 9, 2024, a one-time N50 fee will be applied to all OPay transactions above N10,000, as mandated by the federal government. Starting September 9, 2024, a N50 transfer levy will be imposed on OPay transactions exceeding N10,000, in compliance with the Federal Inland Revenue Service (FIRS) regulations. This new charge is part of…
In a major development, 196 Nigerian soldiers have tendered their resignations, citing issues of corruption, inadequate welfare, and low morale within the military In a significant development, 196 Nigerian soldiers resign from service, citing widespread corruption, low morale, and inadequate welfare within the military. According to sources from Sahara Reporters, these resignations come at a…
Presidency Denies Ownership of Yacht in France Bearing Nigerian Flag, Clarifies False Reports The Nigerian presidency has officially refuted claims circulating on social media that a yacht in France with Nigerian flag belongs to President Bola Tinubu. Reports surfaced alleging that a yacht spotted in the luxurious coastal town of St. Tropez, France, was a…
Anambra APC Withdraws from Local Government Election, Pursues Legal Action Against Soludo Administration The Anambra State chapter of the All Progressives Congress (APC) has formally announced its withdrawal from the upcoming local government elections, scheduled for September 28, 2024. In a bold move, the party has also taken legal action against the state governor, Chukwuma…
Rabiu Kwankwaso Confident in 2027 Presidential Victory, Declares PDP Defunct Rabiu Kwankwaso, the national leader of the New Nigeria Peoples Party (NNPP), is boldly asserting his position for the Kwankwaso 2027 presidential election. Speaking at the inauguration of the NNPP Secretariat in Katsina, Kwankwaso expressed his confidence in securing the presidency in the next general…
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