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DisCos may cede networks to third-party power distributors

Worried by the inability of the 11 distribution companies to distribute power to many consumers, the Nigerian Electricity Regulatory Commission (NERC) has said it is considering a new regulation to allow third-party investors take up and maintain parts of the vast electricity distribution networks currently owned by the Discos.
Mary Uduk - The Securities and Exchange Commission (SEC) has urged investors with multiple shareholding accounts to regularise such before December 31, 2019.

SEC to partner other regulators on financial literacy

The Securities and Exchange Commission (SEC) has expressed its readiness to strengthen collaboration with other regulators in the financial industry in Nigeria, to boost its financial literacy campaign.

China lifts 13.86m rural dwellers out of poverty in 2018

China lifted 13.86 million people in rural areas out of poverty in 2018, the National Bureau of Statistics on Friday said.
Pope Francis celebrates from the balcony of St Peter's basilica during the traditional Urbi et Orbi Christmas message to the city and the world, on December 25, 2018 at St Peter's square in Vatican. ANGELO CARCONI - EPA

Pope Francis condemns global food inequality, says few have too much

Pope Francis on Thursday condemned unfair access to food around the world as “perverse”, saying it threatened disaster for humanity if not remedied.

Ekiti guber: Defections hit PDP as Governor Akeredolu joins Kayode Fayemi’s campaign train

Huge crowds snarled Dr. Kayode Fayemi’s campaign train on Saturday as Governor Rotimi Akeredolu of Ondo State joined the All Progressives Congress candidate in continuation of his visits to parts of Ekiti State, selling his manifesto ahead of the July 14 ballot.

NSCDC records 1,204 criminal, civil cases in Jigawa

The Jigawa Command of the Nigeria Security and Civil Defence Corps (NSCDC) recorded 1,204 cases comprising 321 criminal and 883 civil matters in 2017.

House of Reps express displeasure over neglect over rural telephony facilities

Members of the House of Representatives Committee on Rural Development on Tuesday in Ibadan expressed displeasure with the non-functional state of the rural telephony facilities across the country.

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Manuel Neuer: Ajax’s Andre Onana deserved to be in Champions League final

Bayern Munich goalkeeper Manuel Neuer has praised Ajax's Andre Onana for his impressive displays between the sticks this season.

Boko Haram kills 25 soldiers, civilians in an ambush in Borno

Islamist insurgents killed at least 25 soldiers and a number of civilians in an ambush in northeast Nigeria on Saturday morning, two security sources said, the second deadly attack on the army this week.
Kola Ologbondiyan

PDP congratulates Zamfara governor-elect, others

The Peoples Democratic Party (PDP) on Saturday congratulated the Zamfara State governor-elect, Bello Matawalle, and all federal and state legislators-elect on their victory in the 2019 general elections.
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WHO classifies ‘gaming disorder’ as an illness

The World Health Organization moved forward with a proposal to classify “gaming disorder” as an illness.
Unai Emery has been urged to offload three Arsenal players (Getty)

Unai Emery calls on Arsenal to summon up the spirit of Rafa Nadal ahead...

Unai Emery is calling on his Arsenal side to summon up the spirit of tennis icon Rafael Nadal as they prepare to go in search of major silverware in the Europa League final.