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NERC orders DisCos to replace obsolete meters
The Nigerian Electricity Regulatory Commission (NERC) has mandated the electricity Distribution Companies (DisCos) to replace faulty and obsolete meters for their customers.
PIB: Stakeholders want 10 percent derivation for host communities
Stakeholders in the oil and gas industry, Thursday demanded a raise of the oil operating expenditure from 2.5 per cent to 10 per cent for host communities in the new petroleum industry bill (PIB).
Youth group, NANS condemn ‘attack’ on Senator Okorocha
A coalition of Nigerian Youth for Democracy and Good Governance (CNYDGG) in collaboration with the National Association of Nigerian Students (NANS) Zone C has condemned what it called an attack on Senator Owelle Rochas Okorocha by agents of the Imo State government, saying the federal lawmaker does not deserve such treatment.
Mohamed Bazoum solidifies lead in Niger’s presidential election runoff
Niger’s ruling party candidate Mohamed Bazoum has solidified his lead in a presidential election runoff meant to usher in the first democratic transition of power in the West African nation, election commission data showed on Tuesday.
Real Madrid ask for internal report after latest injuries
Real Madrid have a serious problem with injuries and they want to find the solution now. 'ABC' reports that the club have asked for an internal report to study the cause of so many injuries and Zidane has asked his footballers not to rush back before they are ready.
BofA: Big tech-led equity inflows fuelling ‘mother-of-all asset bubbles’
A record rush to big technology stocks saw equity funds bagging $27.8 billion inflows last week with the ongoing ultra-easy monetary policy creating the “mother-of-all asset bubbles”, BofA said on Friday.
Lagos government to roll-out transformation agenda on red meat value chain
The Commissioner for Agriculture, Ms Abisola Olusanya, told newsmen in Lagos on Thursday that the initiative would be rolled out before the end of February.
LCC decries bank debts, fate of over 500 workers
The Lekki Concession Company (LCC) has again appealed for the understanding of aggrieved youths who are bent on preventing the company from commencing the evaluation of the extent of the damage done to its assets on the night of Tuesday, October 20, 2020, citing the subsisting bank debts and the fate of its over 500 workers as compelling reasons the process ought to begin now.
Niger government confirms abduction of over 50 persons by gunmen on Minna-Kontagora road
The Niger government has confirmed the abductions of persons on board the Niger State Transport Authority on Sunday on Minna- Kontagora road.
Fidelity Bank Plc issues largest ticket Tier II local bonds in Nigeria
Fidelity Bank Plc has successfully issued 10 years N41.21 billion in fixed rate unsecured subordinated bond at a 8.5 percent coupon rate due in 2031.
Airlines groan under new coronavirus safety protocols
Recent safety protocols enforced by many countries across the world, particularly those instituted by both the Nigerian and its United Arab Emirates counterpart by way of flight restrictions, are affecting both nations’ carriers economically.
Court suspends Senator Kalu’s ‘N7.1billion fraud’ re-trial
The Federal High Court, Abuja, on Monday, ordered the suspension of the re-trial of a former Abia State governor, Orji Kalu, for N7.1bn fraud charges.
CBN: No going back on cryptocurrencies
The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism.
Nigeria’s central bank investigates crypto companies’ accounts for fraud
The Central Bank of Nigeria (CBN) has opened investigations into bank accounts of companies involved in the trading of cryptocurrencies with the intention of blocking those with suspicious transactions and fraud.
Iran won’t resume nuclear commitments until US lifts sanctions – supreme leader
Iran’s supreme leader, Ayatollah Ali Khamenei, said Sunday the US must “completely lift” sanctions first, followed by verification by Tehran, before the Islamic republic returns to its nuclear deal commitments.
Paul Pogba limps off injured in Manchester United’s clash vs Everton
Manchester United have been dealt a blow as Paul Pogba limped off injured after 39 minutes of the Premier League clash with Everton.
Leicester boss: Wilfred Ndidi, Jamie Vardy close to returning from injuries
Leicester City boss Brendan Rodgers says Jamie Vardy and Wilfred Ndidi are close to making returns from their injuries and one or both could feature in some way at Wolverhampton Wanderers.
IITA moves to take 40,000 youths out of unemployment circle in Kano
Over 40,000 youths in Kano State are to benefit from an agribusiness innovative approach training designed to take them out of unemployment circle and make them self reliant, the State Coordinator of International Institute of Tropical Agriculture, IITA, Nathaniel Malgwi has said.
Joe Aribo makes Scottish Premiership team of the month
Super Eagles midfielder Joe Aribo made Scottish Premiership Team of the Month of January. The Nigerian international who has become a must play for Steven Gerrard led Rangers got an impressive 7.60 rating to make the team.
Presidency: Appointment of service chiefs not by ethnicity
The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, who stated this on Monday, was reacting to calls by interest groups in the country for an Inspector General of Police of South-Eastern extraction.
NSE: Zenith Bank tops value-traded stocks as investors gain N1.1 trillion YTD
Activity chart of the Nigerian Stock Exchange (NSE) for the last trading session of the month, Friday January 29, showed Zenith Bank atop Most-Traded stocks with a total value of N1.2 trillion and transaction volume of 44,956,083 shares.
Lagos IRS extend deadline for filing of annual tax returns
The Lagos Internal Revenue Service (LIRS) has extended the deadline for the filing of employer’s annual tax returns by an additional two weeks to February 14, 2021.
Recent Stories
‘Pretty Mike’ arrested over Cubana Club’s coronavirus violation
The police in Lagos have arrested a socialite and Instagram celebrity, Mike Eze, aka Pretty Mike, for allegedly facilitating operations at Cubana Nightclub in Victoria Island, Lagos State.
CDS Irabor: Nigeria will have peace again
Chief of Defense Staff General Lucky Irabor has said that the Nigerian Armed Forces will never in any way leave the peace and security of the nation in the hands of the terrorists.
Adele finalises divorce; shares joint custody of son with ex-husband
English singer-songwriter, Adele, and her former husband, Simon Konecki, have finalised their divorce nearly after two years they are separated.
NAF appoints new officers, spokesperson, others
Also, Air Commodore Dauda Prayero has been appointed as the new Chairman Air Expo and International Liaison Secretariat while Air Commodore Olabode Babalola takes over as the Chief of Medical Services, HQ NAF.
Southwest PDP: Prince Oyinlola lacks moral preserve to be a peacemaker
The People’s Democratic Party (PDP) in the South-West has said a former Governor of Osun State, Prince Olagunsoye Oyinlola, has no moral preserve to be a peacemaker on the political feud between former governor of Ekiti State, Ayodele Fayose and the Oyo State Governor, Seyi Makinde.
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Niger govt says it secured release of Kagara students
Niger government says it has secured the released of students of Government Science College, Kagara in Rafi local government areas of the state.
Twitter to make $1.25 billion convertible offering
The company also expects to grant the initial purchasers of the notes a 13-day option to purchase up to an additional 187.5 million dollars aggregate principal amount of the notes, to cover over-allotments, if any.
Pep Guardiola: This could be our greatest achievement
Pep Guardiola believes City winning 20 games in succession could be the greatest achievement under his tenure – given the circumstances that surround it.
Erling Haaland set to reject Chelsea transfer, eyes bigger club
Dortmund Norwegian striker Erling Haaland is reportedly set to reject the chance to join Chelsea as he doesn’t consider the Blues a big enough club.
Wole Soyinka to Nigerians: Don’t accept child hostage taking as a way of life
Following the Friday abduction of over 300 school children in Jangebe in Zamfara State, Nobel laureate, Prof. Wole Soyinka, on Saturday warned Nigerians against accepting kidnapping of school children in parts of the north as a way of life.