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A dollar rebound faltered on Tuesday as political wrangling over a United States relief plan and the gloomy outlook weighed on the currency.
Former chairman of the Nigerian Electricity Regulatory Commission (NERC), Professor Sam Amadi, has said that the nation’s power sector was ab initio designed to fail, “because the government had failed to corporatise and commercialise the sector before privatising.”
Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).
The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.
Mr Ibrahim Odumboni, Acting Managing Director, Lagos State Waste Management Authority (LAWMA), said the authority arrested 13 cart pushers and seized 29 carts for violating environmental laws of the state.
Chelsea defender Antonio Rudiger has hinted about Willian departing the Blues amid talks of a move to London rivals Arsenal.
Operatives of the Ogun State command of the Nigeria Police have arrested a village head, Rasheed Sholabi, the Baale of Oose Agbedu Ajibawo in Owode-Yewa area of the State for having unlawful carnal knowledge of his 15 years old biological daughter (name withheld).
An Environmental Expert, Prof. Chukwumerije Okereke, says the revision of the nation’s Nationally Determined Contributions (NDC) has the potential to impact Nigeria and Africa’s climate change policy and economic development.
Commercial drivers in Calabar, the Cross River State capital, on Monday withdrew their services to protest alleged illegal taxation by some thugs and local government officials in the state.
Katsina State Government has said graduating students would resume on August 10 for the 2020 West African Senior School Certificate Examination which is scheduled to start August 17.