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The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Electricity consumers praise central bank for N120 billion power intervention

As a part effort to support and grow revenue of the power sector, the Central Bank of Nigeria, CBN, last week disclosed that it has disbursed about N3.6 billion for procurement of pre-paid meters to stabilise the billing system in electricity consumption in Nigeria as part of its N120.2 billion investments in distribution companies, DisCos, for infrastructure capital expenditure.
Nigeria's national electricity grid collapsed on Sunday, the Transmission Company of Nigeria (TCN) said in a statement. Power outages in Nigeria, the most populous nation in Africa, are common, but a system collapse is unusual.

How CBN’s 120 billion intervention is pushing power sector growth – stakeholders

Stakeholders in the power sector have noted that the N120 billion investments by the Central Bank of Nigeria, CBN, would improve power supply across the country especially in distribution infrastructure.
A United State of America based Cyber Security expert, Dr. Augustine Ohwobete has told organizations, especially financial institutions to put measures in place to check cyber crimes, following the pace at which digital disruption and innovative new technology were reaching the market.

US-based cybersecurity expert tasks institutions on cyber crimes

A United State of America based Cyber Security expert, Dr. Augustine Ohwobete has told organizations, especially financial institutions to put measures in place to check cyber crimes, following the pace at which digital disruption and innovative new technology were reaching the market.
University of Aberdeen approves the repatriation of bronze sculpture depicting an Oba (king) of Benin with return to happen within weeks

Germany’s move to return stolen Benin bronzes piles pressure on Britain

There are strong indications that the German authorities may hand over some Benin Bronzes to Nigeria in September, a development which observers said would put pressure on British museum to return its own share of the looted artefacts to the Nigerian government.

Minister presents NITDA with employee-centric condition, scheme of service

The minister of communications and digital economy, Dr Isa Ali Ibrahim Pantami, has officially presented President Muhammadu Buhari’s approved for the first ever Employee-centric Condition of Service and Scheme of Service to the Governing Board and management of the National Information Technology Development Agency (NITDA).
The naira this morning reversed its two weeks loss to the dollar in the parallel market, appreciating by N20 to N470 per dollar.

Exiting recession not enough to guarantee economic recovery – analysts

While the slight improvement in Gross Domestic Product (GDP) recorded in Q4 is good news, analysts say it is not significant enough to mark economic recovery.
Former Governor of Bauchi State and erstwhile National Chairman of the Peoples Democratic Party, PDP, Dr. Ahmadu Adamu Mu’azu, has returned to the PDP.

Ex-Bauchi governor Adamu Mu’azu returns to PDP

Adamu Muazu, nicknamed the ‘Game Changer’ at the height of his powers as PDP Chairman, saw the party through the 2015 general election in which its presidential candidate and
Pierre-Emerick Aubameyang (L) celebrates with teammates after scoring against Benfica (Image- ARIS MESSINIS-AFP via Getty Images)

Cesc Fabregas: Bukayo Saka mature, intelligent for his age

Former Arsenal star Cesc Fabregas says Bukayo Saka is too mature and intelligent for his young age, following his impact in the Gunners’ dramatic win against Benfica in Thursday night Europa League clash.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

Nigerian government seeks asset manager for N15tn InfraCo fund

The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and to accelerate growth.
The Chairman of the Presidential Task Force on COVID-19, Boss Mustapha, disclosed this at a press briefing in Abuja.

PTF: Nigeria to receive four million doses of coronavirus vaccines soon

The Presidential Task Force (PTF) on COVID-19 says Nigeria will soon receive initial four million doses of the AstraZeneca COVID-19 vaccines.
African Export-Import Bank (Afreximbank)

Afreximbank, AAAM to drive automotive investment

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.
Mr Babatunde Irukera, a governorship aspirant of the All Progressives Congress (APC) in Kogi, says that he is contesting in the Kogi governorship election to fulfil his vision for the development of the state.

FCCPC: Complaints from electricity, banking, telecoms customers highest in 2020

The Federal Competition and Consumer Protection Commission (FCCPC) says the commission received the highest consumer related complaints from the electricity and banking sectors in 2020.
Nigeria Naira

Economic expert: Key lessons learnt from exiting recession

Economic expert, Prof Uche Uwaleke has listed four major lessons to be learnt from National Bureau of Statistics (NBS) report which stated that Nigeria has exited the current economic recession.

Afreximbank, AAAM to fund automotive industry in Africa

The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.
The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, says the sector is crucial in the drive toward diversification of the nation’s economy, away from being oil dominated.

WTO: Nigeria’s trade agenda is to operate on world stage – minister

The minister of industry, trade and investment, Niyi Adebayo, says Nigeria’s trade agenda is to operate on the world stage, noting that the country has outgrown Africa.
It said during the struggle, one crew member on board the M-V Mozart died. Turkish media identified the victim as engineer Farman Ismayilov of Azerbaijan, the only non-Turkish crew member.

Pirates kidnap 15 sailors in attack on Turkish container ship off Nigeria

Pirates off Nigeria’s coast kidnapped 15 sailors from a Turkish container ship in the Gulf of Guinea on Saturday in a brazen and violent attack that was farther from shore than usual.
Okwesilieze-Nwodo

2023: Party with Igbo candidate 100% sure of our votes – ex-PDP chairman

Former Governor of Enugu State, Okwesilieze Nwodo, has said the South-East would wholeheartedly support any party that will pick its presidential candidate from the region; be it the All ruling All Progressives Congress (APC) or the Peoples Democratic Party (PDP), in the 2023 general elections.
Paul Pogba scores Manchester United’s second goal, cutting inside from the right flank and curling his shot into the far corner with his weaker left foot. Matt Impey-Shutterstock

Dimitar Berbatov: Paul Pogba is becoming Manchester United’s game-changer

Paul Pogba is becoming a “game-changer” for Manchester United, says Dimitar Berbatov, with the France international playing with a smile on his face again as exit talk at Old Trafford begins to fade.
Outgoing US President Donald Trump has “unequivocally condemned” the January 6 breach of Congress by his supporters.

Donald Trump grants clemency to 143 people, but not himself or family members

President Donald Trump, who has repeatedly used his clemency authority as a political tool rather than an act of mercy, issued a final wave of pardons and commutations on his last night in office, delivering relief for a mix of beneficiaries that included former strategist Stephen Bannon, Republican Party and Trump fundraiser Elliott Broidy, and former Detroit Mayor Kwame Kilpatrick, found guilty in 2013 of corruption charges.
Nigeria Liquefied Petroleum Gas Association, NLPGA, has kicked against moves by the Petroleum Products Pricing Regulatory Agency, PPPRA, to impose administrative levy, despite the deregulation of the LPG sector.

PPPRA: Nigeria’s cooking gas consumption hits one million tonnes

The Petroleum Products Pricing Regulatory Agency (PPPRA) says Nigeria’s domestic consumption of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, has exceeded one million Metric Tonnes (MT) in 2020.
Prime Minister Boris Johnson looking on as a dose of the AstraZeneca-Oxford vaccine was administered on Monday.

UK locks down over virus surge despite new vaccine rollout

Schools and colleges across the United Kingdom closed on Tuesday ahead of a national lockdown as the country battled to control surging coronavirus cases that are threatening to overwhelm its healthcare system.
Air Marshal Sadique Abubakar is the current Chief of Air Staff of the Nigerian Airforce

NAF chief: Procurement of additional platforms, game changer in war against insurgency

The Chief of Air Staff, Air Marshal Sadique Abubakar, has assured Nigerians of the continued commitment of the Nigerian Air Force to the security of the nation, promising that his men would neither relent nor rest on their oars until the security of lives and properties of Nigerians are guaranteed.

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The communiqué, which was signed by NYCN President, Comrade Solomon Adodo and Secretary, Suleiman Musa, further called for support from youths and other stakeholders in the region for Buhari and Akpabio.

Niger Delta: President Buhari has surpassed all past presidents – NYCN

National Youth Council of Nigeria (NYCN) on Sunday said that President Muhammadu Buhari has surpassed all past Presidents of the country in the development of the Niger Delta region.
Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports.

Edinson Cavani offered £50K pay rise to stay at Manchester United

Manchester United plan to keep Edinson Cavani at Old Trafford for the 2021-22 season by offering the striker a wage increase of £50,000, according to reports.

Federal pensioners pull out of pensions union

The crisis among pensioners on Sunday got messier as Federal Civil Service Pensioners (FCSP) finally opted out of the Nigeria Union of Pensioners (NUP) over alleged denial of the branch’s rights and privileges.
David Moyes fears West Ham’s slim hopes of Champions League football could be affected further by Manchester United forced to field weakened teams.

David Moyes lashes out at Premier League chiefs over Manchester United decision

The Hammers boss – whose men were beaten by Everton – has called on the Premier League to explain the questions surrounding the integrity of the competition being affected with United’s 3-1 win at Aston Villa their first of three games in five games.
All Progressives Congress (APC) Nigeria

APC needs credible candidate to win Anambra election – aspirant

Chief George Moghalu, the All Progressives Congress (APC) governorship aspirant in Anambra, says electing a credible candidate is critical for the party to capture power in the state.

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Babajide Olusola Sanwo-Olu (born June 25, 1965) is a Nigerian politician and the current Governor of Lagos State.

Lagos places 4,000 unemployed graduates on monthly salary

The Lagos State Government says it has placed 4,000 unemployed graduates on N40,000 monthly salary for six months.
In the midst of the Covid-19 upsurge in India, two lions at a safari park have been tested positive for the virus.

Two lions test positive for coronavirus in India

In the midst of the Covid-19 upsurge in India, two lions at a safari park have been tested positive for the virus.
Kwara State Governor Abdulraham Abdulrazaq

Kwara launches agric input subsidy for farmers

Gov. AbdulRahman AbdulRazaq of Kwara on Wednesday launched an agricultural input subsidy scheme that would give about 10,000 farmers in the state access to various inputs at 50 per cent market price.
In a demonstration to tackle the menace of ghost workers that has continue to drain the coffers of government, Bauchi State Governor, Sen Bala Abdulkadir Mohammed will hold a public parley with all the stakeholders involved in the payment of workers salaries in the state.

Bauchi raises the alarm over influx of bandits from Yobe

Bauchi State Government has raised the alarm over the influx of bandits from neighboring Yobe state. It said the bandits had infiltrated four local governments.
First reported by the New York Times, Colonial Pipeline, which carries 45 percent of the fuel supplies for the eastern US, said in a statement late Friday that it took “certain systems offline to contain the threat, which has temporarily halted all pipeline operations and affected some of our IT systems.”

US: Cyberattack prompts shutdown of major fuel pipeline

One of the largest pipelines in the US has been taken offline by its operator following a cyberattack. First reported by the New York Times, Colonial Pipeline, which carries 45 percent of the fuel supplies for the eastern US, said in a statement late Friday that it took “certain systems offline to contain the threat, which has temporarily halted all pipeline operations and affected some of our IT systems.”