Telecom Expenses Soar 50.92% in 2023 Due to Inflation and Currency Challenges

Nigeria’s telecommunications industry faced a tough year in 2023, as operating costs for telecom companies skyrocketed by 50.92%, rising from ₦2.09 trillion in 2022 to ₦3.16 trillion. This sharp increase highlights the mounting challenges of operating in an economy grappling with inflation and currency depreciation. Yet, amid these financial pressures, the sector demonstrated remarkable resilience….

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Peter Obi Commends Police for Rescuing Former AIG’s Wife, Urges Equal Focus on Protecting Everyday Nigerians

Peter Obi, the Labour Party’s 2023 presidential candidate, on Friday, commended the Nigeria Police Force (NPF) for their swift and decisive action in rescuing Mrs. Folashade Odumosu, the wife of retired Assistant Inspector-General of Police (AIG) Hakeem Odumosu, after she was kidnapped earlier this month. On January 16, the victim was abducted by four masked…

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EXCLUSIVE: Lagos Speaker Obasa Concealed Two Maces to Thwart Impeachment While Abroad

Impeached Speaker of the Lagos State House of Assembly, Mudashiru Obasa, pleaded with President Bola Tinubu to have his impeachment nullified, SaharaReporters has learnt. SaharaReporters reported on Friday night that Obasa was set to return to Lagos today (Saturday). Meanwhile, his loyalists are planning a lavish welcome party for him, sources told SaharaReporters.  Obasa was…

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Chief of Defense Staff Musa Addresses Reasons Behind Ongoing Boko Haram Presence in Nigeria

Nigeria’s Chief of Defence Staff, General Christopher Musa, has explained why the fight against Boko Haram terrorist groups has lasted for so long. After starting out against soft targets, Boko Haram carried out suicide bombings of police buildings and the United Nations office in Abuja in 2011. The Federal government established a state of emergency…

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