By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
NIGERIAN NEWS
FG Declares May 1 Public Holiday for Workers’ Day, Tinubu to Address Nation
The Interior Ministry confirmed the holiday today. President Tinubu is expected to unveil a new minimum wage review panel in his address.
NLC, TUC Threaten Fresh Strike Over New Electricity Tariff Hike
Labour unions gave a 7-day ultimatum after DisCos raised Band A tariff to ₦225/kWh in Lagos and Abuja, citing rising generation costs.
NDLEA Intercepts 2.8 Tonnes of Cannabis at Seme Border, Arrests 6
The drugs were hidden in a truck conveying charcoal from Ghana. NDLEA says street value exceeds ₦1.9bn.
Ogun Govt Begins Reconstruction of Sango-Ijoko Road After 10 Years
Gov. Abiodun flagged off the 12.5km project today. Contractors promised delivery in 18 months to ease Ota’s traffic gridlock.
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POLITICAL NEWS
2027 Permutations: Obi, ADC Leader Meet Jonathan in Abuja
Sources say the 2-hour closed-door meeting at Jonathan’s Maitama home discussed coalition options and national unity.
Ota PDP Ex-Councilorship Candidates Demand ‘Sellable’ 2027 Candidates
Chief Idris Shogbola and others said 16 years out of power means the party must field indigenes with bold household names to win.
APC Chairman Visits Kano to Reconcile Ganduje, Kwankwaso Camps
Dr. Abdullahi Ganduje met key NNPP defectors as APC moves to consolidate Kano ahead of 2027.
INEC Releases Timetable for Ekiti, Osun Off-Cycle Gov Polls
Party primaries: June 2-27. Governorship elections fixed for August 16, 2026, in both states.
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AFRICA NEWS
Sudan Ceasefire Collapses as Fighting Resumes in Khartoum
The SAF and RSF blamed each other for violating the 72-hour truce. AU has called an emergency summit in Addis Ababa tomorrow.
South Africa’s ANC Faces Coalition Talks After Losing Majority
Final results show ANC at 41%. EFF and DA now kingmakers as Ramaphosa begins alliance negotiations.
Kenya’s Ruto Signs Finance Bill, Protesters Return to Nairobi
The bill reintroduces housing levy and new digital tax. Police fired tear gas at CBD demonstrators this morning.
ECOWAS Lifts Remaining Sanctions on Niger, Demands Transition Plan
Bloc says Niger must present a 12-month timetable for return to civilian rule to access regional funds.
GLOBAL / INTERNATIONAL NEWS
US, China Hold High-Stakes Trade Talks in Geneva
Treasury Sec. and China’s Vice Premier met to avert new tariffs set for May 5. Tech and EV exports top agenda.
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UN Warns Gaza Aid Corridor ‘Close to Collapse’ Amid Rafah Strikes
Only 12 aid trucks entered Monday. UN says 1.1m people now face catastrophic hunger.
UK Parliament Votes on New Immigration Bill, PM Faces Revolt
The bill would cap annual work visas at 250,000. 42 Tory MPs threaten to abstain.
Japan PM Dissolves Parliament, Calls June Snap Election
PM Kishida cited “economic emergency” after Japan slipped into technical recession in Q1.
STOCK EXCHANGE & FINANCE NEWS
NGX ASI Gains 1.3% as Banks Rally; MTNN, GTCO Lead
NGX closed at 104,892.33 pts. Zenith Bank +4.2%, AccessCorp +3.8% on strong Q1 results.
US Stocks Mixed: Dow -0.4%, Nasdaq +0.6% on Tech Earnings
Microsoft and Alphabet beat estimates. Fed’s rate decision due Thursday keeps markets cautious.
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Dangote Cement, BUA Foods Lift NGX Industrial Index
Both declared interim dividends. Dangote Cement ₦20/share, BUA Foods ₦5.50/share, payable May 15.
EXCHANGE RATE NEWS
Naira Strengthens to ₦1,428/$ at Official Market After CBN Sale
CBN sold $210m to banks at ₦1,425-₦1,430 range. External reserves now $34.8bn.
Black Market: Naira Trades ₦1,465/$ in Lagos, ₦1,470/$ in Abuja
Traders cite reduced demand post-Easter. Rate improved from ₦1,485/$ last Friday.
Pound Hits ₦1,890/£, Euro at ₦1,620/€ on Parallel Market
BDCs blame scarcity as travelers buy GBP/EUR for summer. CBN warns against speculation.
ENTERTAINMENT NEWS
Burna Boy Announces ‘No Sign of Weakness’ World Tour, Lagos in Dec
28-city tour kicks off July 6 in Paris.
Teslim Balogun Stadium confirmed for Dec 22 homecoming show.
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‘A Tribe Called Judah 2’ Crosses ₦1.8B in 3 Weeks
Funke Akindele’s sequel is now Nollywood’s fastest to ₦1.8bn, beating her own ‘Battle on Buka Street’ record.
Davido, Chioma Welcome Second Child, Fans React
The singer shared baby’s photo on IG this morning. OBO wrote “My boy is here. Thank You, Lord.”
FASHION & STYLE NEWS
Lagos Fashion Week Unveils 2026 Theme ‘Roots & Rhythm’
Show dates: Oct 28-31. Organizers say 2026 will focus on indigenous textiles and music collaboration.
Veekee James Debuts Bridal Collection in Paris, Blends Aso-Oke, Silk
The 12-piece ‘Heritage Vows’ line earned a standing ovation at Paris Bridal Week. Orders open May 1.
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Meta’s AI Ray-Ban Smart Glasses Launch in Nigeria
Priced from ₦480k, the glasses allow content creators to livestream, translate, and edit hands-free.
SPORTS NEWS
NPFL: Remo Stars Go Top After 1-0 Win Over Enyimba
Sikiru Alimi’s 78th-min goal in Ikenne sends Remo to 61 pts. 3SC beat Rivers United 3-1 in Ibadan.
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