LASWA honours two retirees after 35 years of service to Lagos Waterways

By Seun Ibiyemi The Lagos State Waterways Authority (LASWA) has honoured two of its distinguished professionals, Prince Gbadamosi Hakeem and Captain Shakirudeen Lamidi, as they retire from active service after completing 35 years of meritorious service in the Lagos State Civil Service. The authority described the retirees as accomplished professionals whose careers contributed significantly to…

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LASWA completes fourth module of ferry safety mentoring programme

By Seun Ibiyemi The Lagos State Waterways Authority (LASWA) has announced the successful completion of the fourth module of its Ferry Safety Development and Mentoring Programme, with participants receiving practical training on marine engine systems. The module, titled “Introduction to Engine Systems,” was delivered throughout August 2026 as part of efforts to strengthen the technical…

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Rising FAAC allocations are ‘money illusion’, not economic boom – Atiku

Former Vice President Atiku Abubakar has dismissed the rising monthly allocations shared by the Federation Account Allocation Committee (FAAC) as a “money illusion”, arguing that higher naira figures have not translated into stronger economic value or improved living standards. Atiku, in a statement issued by his Senior Special Assistant on Public Communication, Phrank Shaibu, said…

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SIFAX shipping commissions new office complex at Lagos bonded terminal

By Seun Ibiyemi SIFAX Shipping Bonded Terminal has commissioned a new office complex at its operational base on Ago Palace Way, Okota, Lagos, as part of efforts to improve service delivery and strengthen collaboration with government agencies and industry stakeholders. The facility, commissioned by Mrs. Wunmi Eniola-Jegede, Group Coordinating Director, on behalf of SIFAX Group…

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SERAP urges Tinubu to direct police probe into attack on Peter Obi in Benue

By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has condemned the reported attack on Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), and his entourage in Benue State. The organisation urged President Bola Tinubu to direct the Inspector-General of Police, IGP Olatunji Rilwan Disu, to take over the investigation into the…

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NERC orders DisCos to channel more revenue into network upgrades

By Seun Ibiyemi The Nigerian Electricity Regulatory Commission (NERC) has issued a revised Order on the utilisation of earned Non-Administrative Operating Expenditure (Non-Admin OpEx) by successor electricity Distribution Companies (DisCos). The Order, which takes effect from September 4, 2026, is aimed at accelerating network upgrades, improving service reliability and ensuring that available revenues are invested…

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TCN begins rehabilitation of 4 vandalised towers on Afam-Elelenwo line

By Seun Ibiyemi The Transmission Company of Nigeria (TCN) has commenced rehabilitation works on four vandalised towers along the Afam/IPP/Elelenwo 132kV Double Circuit Transmission Line. The affected towers, identified as T50, T51, T52 and T53, were detected on August 6, 2026, by TCN linesmen. Further inspection revealed that critical bracing members had been removed from…

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FirstBank: AI offers more opportunities than threats to banking sector

The Managing Director of First Bank of Nigeria Limited, Olusegun Alebiosu, has said artificial intelligence (AI) will provide more efficiency and opportunities than threats to the banking sector, provided its associated risks are properly managed. Alebiosu stated this on the sidelines of the 19th Chartered Institute of Bankers of Nigeria Annual Banking and Finance Conference…

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