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BUSINESS

Power generation hits three-year high of 5,105MW

The Minister of Power, Adebayo Adelabu, has announced that Nigeria’s power sector generated 5,105 megawatts of electricity on July 27, 2024, describing it as a three-year high. Adelabu announced this at the inaugural meeting of the Inter-Ministerial Power Sector Working Group in Abuja on Wednesday. While highlighting the recent achievements and future goals for the power sector, the minister said, “Just a few days ago, on July 27, we successfully […]

todayAugust 8, 2024 16

NEWS

Hunger protest loses steam as DSS grills seven foreigners

The hunger protests, which rocked the country, especially the northern part, from last Thursday, appears to have lost steam following the police crackdown on the organisers and protesters, many of whom had been detained. Some of the #EndBadGovernance protest leaders have also gone underground and switched off their phones as the Department of State Services took custody of seven Polish nationals arrested for waving Russian flags during the demonstration in […]

todayAugust 8, 2024 11

SPORTS

Olympics: Keep supporting our athletes, sports minister urges Nigerians

The Minister of Sports Development, John Enoh, has called on Nigerians to support Nigerian athletes participating in the ongoing Paris 2024 Olympics. According to a post on his X account on Thursday, he said, “Our athletes are giving their best and making us proud. D’Tigress made the nation proud, and there’s no shame in losing to the world’s number 1 ranked team. They struck a high note and made a […]

todayAugust 8, 2024 7

NEWS

Plateau gov relaxes curfew 

Plateau State Governor, Caleb Mutfwang, has ordered that the 24-hour curfew earlier imposed in the state capital be further relaxed, allowing movement from 12 noon to 6 pm daily until further notice. The governor issued the order on Thursday in a statement signed by his Director of Press and Public Affairs, noting that the decision was taken after assessing the security situation in the state. “In light of the improved […]

todayAugust 8, 2024 4

NEWS

EFCC quizzes Ogun officials over govt funds

The Economic and Financial Crimes Commission, Ibadan Zonal office, on Tuesday, reportedly invited some officials of the Ogun State government in connection with an ongoing investigation. The Head of Media and Publicity of the EFCC, Dele Oyewale, confirmed the development in a phone conversation with our correspondent on Wednesday. ‘’I just called our Ibadan zonal office and it was confirmed that some officials of the state government were invited for […]

todayAugust 8, 2024 11

NEWS

Paul reveals fresh trouble in P-Square

Paul Okoye, one half of the renowned music duo, P-Square, has once again spoken about the complexities behind his strained relationship with Peter, his twin brother and other half of the group. Though many believed that the duo had buried the hatchet and were now at peace with each other, Paul indicated that there was a fresh storm brewing with the troubled group. Speaking in an interview with City FM, […]

todayAugust 5, 2024 7

BUSINESS

Public debt stock may hit N130tn by Dec – Report

Nigeria’s public debt stock is projected to hit N130tn this year, raising concerns about the country’s debt-to-gross domestic product ratio. This was revealed in a report by Afrinvest, an investment management company, titled, ‘Bank Recapitalisation, Catalyst for a $1tn Economy, ‘ unveiled in Abuja recently. Nigeria’s public debt stock, which includes external and domestic debt, stood at N121.67tn in the first quarter of 2024, up from N97.34tn in the fourth […]

todayAugust 5, 2024 7

BUSINESS

Dangote diesel sulphur triggers concern, marketers fault rejection report

The controversy surrounding the sulphur content in the Automotive Gas Oil, popularly called diesel, produced by the Dangote Petroleum Refinery, has yet to abate. Over the weekend, there were online reports alleging that the diesel recently supplied by the $20bn refinery contained high sulphur. This came as oil marketers stated that despite the allegations of high sulphur in Dangote diesel, no motorist or industrial consumer had registered any complaint against […]

todayAugust 5, 2024 7

BUSINESS

JAMB gives schools ultimatum to disclose illegal admissions

The Joint Admissions and Matriculation Board has given all tertiary institutions in the country one month to disclose all admissions conducted outside its Central Admissions Processing System before 2017. The Public Communication Advisor for JAMB, Dr Fabian Benjamin, who disclosed this at a press briefing in Abuja, on behalf of the board’s registrar, Prof Ishaq Oloyede, on Sunday, said the directive was aimed at enhancing transparency and fairness in the […]

todayAugust 5, 2024 4

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