NEWS

Electricity generation in the country fell below the 4,000 megawatts mark on Sunday as the output of the hydropower plants tumbled by more than a third. The latest data obtained from the Nigerian Electricity System Operator showed that the power plants on the national grid generated 3,657 megawatts as of 6am on Sunday, down from 4156.7 megawatts on Saturday. A total of 2,792.6 megawatts of generation capacity was idle as […]

The Nigerian stock market extended its decline last week as investors lost N140bn. The Nigerian Stock Exchange All-Share Index and market capitalisation depreciated by 0.69 per cent to close the week at 38,382.39 and N20.08tn respectively. All other indices, however, finished higher with the exception of NSE Mainboard, NSE 30, NSE Insurance, NSE Consumer Goods, NSE Lotus II, NSE Industrial and NSE Growth Indices, which declined by 1.68 per cent, […]

Vice-President Yemi Osinbajo has said Nigerian singers, Burna Boy and Wizkid, took the entertainment industry by storm, with their recent outings at the Grammy Awards. According to a statement on Sunday by his Senior Special Assistant on Media and Publicity, Laolu Akande, the Vice President spoke in a message delivered at the opening of a Lagos-based studio, Ogidi Studios, owned by the Temple Company. Osinbajo was further quoted as saying […]

The widow of Kobe Bryant has published the names of Los Angeles police officers who she said shared graphic photos of the scene of her husband's death in a helicopter crash last year. Vanessa Bryant is suing the police department for negligence and invasion of privacy. The Los Angeles police chief, in his response, said they will refrain from trying the case in the media Basketball star Bryant died with […]

Fourteen days of national mourning have been declared in Tanzania to mark the death of President John Magufuli, who died at the age of 61. Vice-President Samia Suluhu Hassan, who announced Mr. Magufuli's death on state television, said he died from complications related to a heart condition. Mr. Magufuli had not been seen in public for more than two weeks, and rumours have been circulating about his health. Once praised […]

The Chief of Air Staff, Air Marshal Isiaka Amao, has vowed that kidnapping and banditry in the North West will soon be over. Speaking during an operational visit to the Nigerian Airforce Base in Kaduna State, he warned the criminals to prepare for the worst. He stated that the military would go after bandits and kidnappers in line with President Muhammadu Buhari’s directive to bring back sanity and allow farmers […]

Members of the Nigeria Governors’ Forum have supported the continued rollout of the AstraZeneca vaccine across the country. They insisted that the vaccine was safe for use, stressing that no side effects had been reported by those who have so far received the jabs in Nigeria. Concerns about the use of the AstraZeneca vaccine, which had been suspended in some countries, formed part of the discussions at the meeting of […]