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NewsDirect

FG and state governments secure N100bn for meter purchase

The Federal Government, together with state governments, has successfully raised N100 billion to fund the procurement of prepaid electricity meters. Minister of Power Adebayo Adelabu announced this development under the Presidential Meter Initiative (PMI) program during a briefing in Ibadan,…

Hundreds linked to black axe, cybercrimes arrested – Interpol

The International Criminal Police Organization (INTERPOL) has disclosed that it has apprehended over 300 individuals associated with one of West Africa’s most notorious criminal organizations, Black Axe, and its related groups. This announcement follows “Operation Jackal III,” a comprehensive international…

Oyo invests N1.35bn in sugar factory and tech university

The Oyo State Executive Council has sanctioned an investment of N850 million in Oyo Sugarcane Processors Limited, located in Iseyin, via the state-owned Pacesetter Holdings Limited. Additionally, the council approved N500 million as a capital grant for Abiola Ajimobi Technical…