By Seun Ibiyemi Minister of Power, Mr. Joseph Tegbe, has commended the Transmission Company of Nigeria (TCN), Niger Delta Power Holding Company (NDPHC), and Abuja Electricity Distribution Company (AEDC) for their commitment to strengthening Nigeria’s power infrastructure and improving electricity supply across the country. In a statement issued on Wednesday in Abuja, the minister praised…
By Seun Ibiyemi The Ogun State Police Command has arrested a man identified as Johnson Elleh for allegedly producing and circulating a misleading video falsely claiming that kidnappers and bandits were operating along the Owode-Idiroko corridor of the state. The command said investigations revealed that the viral video, which generated anxiety among residents, was deliberately…
By Seun Ibiyemi Former Nigerian footballers including Daniel Amokachi, Dosu Joseph, Tajudeen Disu, Fatai Amoo, and Waidi Akanni, among others, graced the final of this year’s Taiwo Afolabi Football Tournament held at the Onikan Stadium, Lagos. The U-17 tournament, which is in its 10th edition, is one of the leading grassroots football competitions in Lagos…
The equities market closed lower on Tuesday as investors recorded a loss of N478 billion following profit-taking in major stocks. The decline was driven by losses in large- and mid-cap stocks, including PZ Cussons, Computer Warehouse Group (CWG), ABC Transport, Wema Bank, Sovereign Trust Insurance, and 33 other stocks. Market capitalisation declined from an opening…
By Seun Ibiyemi The naira maintained a relatively stable performance against the United States dollar on Tuesday, supported by improved foreign exchange liquidity and rising external reserves, signaling continued stability in Nigeria’s foreign exchange market. Data from the Nigerian Foreign Exchange Market (NFEM) showed that the local currency traded around ₦1,373.25 to the dollar at…
By Seun Ibiyemi Vice President Kashim Shettima has called on state governments to accelerate business-enabling reforms to fully unlock the opportunities provided under the $750 million World Bank-assisted State Action on Business Enabling Reforms (SABER) programme. Shettima said the reforms are critical to attracting domestic and foreign investments, improving infrastructure, enhancing private sector confidence and…
By Seun Ibiyemi Normal operations have resumed at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) following the suspension of a one-day industrial action by workers after successful negotiations between management and labour unions. The commission announced on Tuesday that the strike, which lasted about 12 hours, was called off on Monday night after discussions involving…
By Sodiq Adelakun Former Osun State Governor and National Secretary of the African Democratic Congress (ADC), Rauf Aregbesola, has asked a Federal High Court judge to withdraw from hearing a suit relating to the party’s leadership dispute. Aregbesola, in a motion filed on June 2, urged Justice Peter Lifu to recuse himself from the case…
…Declare schools and communities safe By Seun Ibiyemi The Ogun State Police Command has dismissed as false and misleading reports circulating on social media alleging bandit attacks on schools and communities in the Ota and Ifo areas of the state, assuring residents that there has been no security breach anywhere in Ogun. The command said…
…As Adeboye urges FG to give security chiefs 90-day ultimatum to end terrorism or resign By Seun Ibiyemi The Christian Association of Nigeria (CAN) has called on the Federal Government to urgently declare a state of emergency on security to protect the lives and property if citizens. The President of CAN, Archbishop Daniel Okoh, made…
