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By Seun Ibiyemi In an alarming turn of events, Nigeria’s national power grid collapsed 12 times in 2024 under President Bola Tinubu’s administration, leading to widespread power outages that disrupted lives and crippled businesses across the country. This marks a 43.9 percent increase in grid collapses compared to 2023, when the power sector faced a ...
...Warns that secrecy in asset declarations fuels corruption in Nigeria The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to take swift action and request the Code of Conduct Bureau (CCB) to publish his assets. The group further called on the President to encourage his Vice President, Kashim Shettima, federal ministers, National ...
By Sodiq Adelakun The Lagos State Government has issued a stern warning to nightclubs and other hospitality venues across the state, urging them to strictly adhere to occupancy limits or face severe consequences, including closure and legal action. This warning follows growing concerns over overcrowding in several clubs and lounges, which present significant safety risks ...
The Federal Government has denied allegations of sponsoring terrorists to destabilise Niger Republic. This was disclosed in a statement by Minister of Information and National Orientation,Mohammed Idris on Thursday. The Minister responding to the allegations made in a viral video by the military leader of Niger Republic, General Abdourahamane Tchiani claiming non-existent collusion between Nigeria ...
By Ismail Azeez, Osogbo An Oyo State Chief Magistrate Court 1, sitting at Iyaganku in Ibadan, has ordered the remand of Prophetess Naomi Silekunola Ogunwusi, the ex-wife of the Ooni of Ife; Oriyomi Hamzat, the owner of Agidigbo FM; and Fasasi Abdullahi Babatunde, the Principal of Islamic High School in Bashorun, Ibadan. The trio were ...
...Says remarks are an attempt to distract from economic failures ...Points to food stampedes as evidence of worsening poverty under apc ...Challenges Tinubu to experience Nigerians’ struggles firsthand with road trip By Sodiq Adelakun The Peoples Democratic Party (PDP) has strongly condemned President Bola Tinubu’s recent media chat, accusing him of using “fabricated statistics” to ...
Investors on the Nigerian Exchange Group (NGX) gained N503 billion in the final trading session before Christmas on Tuesday. This increase follows a surge in the share prices of stocks such as MRS, Ikeja Hotel, and Multiverse, among others. By the close of the five-hour trading session, the equity capitalization had risen to N61.9 trillion ...
By Seun Ibiyemi The Federal Government, through the Nigeria Civil Aviation Authority (NCAA), has launched enforcement action against five airlines—two international and three domestic operators— for violating Part 19 of the NCAA Regulations of 2023. According to the NCAA, the violations include failure to refund passengers within the stipulated timeframe, non-responsiveness to the authority’s directives, ...
..Says no regret whatsoever in removing subsidy ...Hails Nigerians, says patience towards economic hardship won’t be taken for granted ...Eyes global partnerships, local investment to boost food security, economic growth By Sodiq Adelakun President Bola Ahmed Tinubu has reiterated Nigeria’s dedication to attracting foreign investment by introducing a range of new economic incentives aimed at ...
..Residents seek alternatives as food, chicken prices surge ...Traders blame high transportation costs for skyrocketing livestock prices .By Ismail Azeez, Osogbo and Austine Emmanuel, Kaduna As the festive season approaches, traders in Lagos, Osun, and Kaduna are expressing deep concern over a decline in patronage, as soaring food prices dampen the usual holiday spirit. With ...
By Sodiq Adelakun Lagos State has issued a strong warning to motor park operators, businesses, and residents, threatening to close any motor park that fails to adhere to the state’s strict anti-noise pollution regulations during the yuletide season. The Commissioner for Environment and Water Resources, Mr. Tokunbo Wahab, made the announcement on Monday, stressing that ...
By Ismail Azeez, Osogbo Retired public servants under the Forum of 2011/2012 Retired Public Servants of Osun have called on Governor Ademola Adeleke to comply with a court order mandating the implementation of an N18,000 minimum wage for retirees. The pensioners, who gathered on Ogo-Oluwa/Abere Road in Osogbo to press their demands, were prevented from ...
...Sanwo-Olu, Abiodun, Alia condemn tragic incidents, commiserate with victims’ families ...FG expresses deep sorrow over tragic loss of lives, pledges immediate govt assistance ...105 lives lost due to poverty-induced neoliberal economic policies, criminal negligence — Falana ...CAN condemns Abuja stampede, urges nationwide reflection By Our correspondents The Federal Government and State Governors have issued a ...
By Sodiq Adelakun In a bid to strengthen security operations across Lagos State, the Lagos State Government has donated more than 250 brand-new patrol vehicles to the Nigeria Police Force (NPF). The donation, which also includes vital communication devices, protective gear, and operational hardware, was unveiled on Thursday during the 18th Annual Town Hall Meeting ...
The Federal Capital Territory High Court has granted bail to Yahaya Bello, the immediate past Governor of Kogi State, in the sum of N500 million, with three sureties each to provide a similar sum. The ruling, delivered by Justice Maryann Anenih, follows a previous rejection of Bello’s bail application on December 10, when the court ...
The Securities and Exchange Commission (SEC) has issued a new directive requiring all publicly listed companies in Nigeria to publish their financial statements on their official websites by January 2025. The directive was announced in a circular released by the Commission on Thursday, emphasising its importance for boosting investor confidence and ensuring regulatory compliance. The ...
In an effort to provide relief to Nigerians as the festive season approaches, Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre. The announcement was made in a statement issued by Anthony Chiejina, the Group Chief Branding and Communications Officer of Dangote Group, on Thursday. The ...
...FG orders probe ...Ooni offers support for victims’ families, calls for improved safety measures By Ismail Azeez, Osogbo President Bola Ahmed Tinubu and the Ooni of Ife, Oba Enitan Ogunwusi, have extended their heartfelt condolences to the Oyo State Government and families of victims following the tragic stampede at the Ibadan Funfair, which left thirty-five ...
A tragic accident on the Lagos-Ibadan Expressway has left a truck driver feared dead following a series of collisions near the Kara Bridge, causing a major traffic jam on the busy route. The incident, which occurred on Wednesday morning, began when the driver of an articulated truck, attempting to avoid a 40-foot container, lost control ...
A joyous occasion turned tragic on Wednesday in Ibadan as an unconfirmed number of children lost their lives in a stampede at a children’s Christmas party. The event, organised by the ex-wife of the Ooni of Ife, Olori Naomi Ogunwusi, was hosted under the auspices of the WINGS Foundation. The exact number of casualties remains ...
...Prioritises security, infrastructure, education ...As PDP kicks, describes targets as unrealistic, insensitive By Seun Ibiyemi and Matthew Denis In his 2025 budget proposal, President Bola Tinubu has set ambitious economic targets, aiming to reduce Nigeria’s inflation rate to 15% and bring the exchange rate to N1,500 per US dollar. These targets are part of a ...
Airtel Nigeria has announced that it will provide meals for 6,000 individuals across the country in its annual 5 Days of Love campaign, a philanthropic initiative designed to spread the joy and warmth of the festive season. Marking its 10th edition, this year’s campaign, themed ‘5 Days; 6 Cities; 6,000 Meals’, successfully kicked off on ...
The Lagos State Government has partnered with Access Bank PLC for the construction of 704 new housing units, consisting of two-bedroom apartments, in Odo Nla, Ikorodu. This collaboration was formalised with the signing of a Memorandum of Understanding (MOU) at the Lagos House, Ikeja, on Tuesday. Speaking at the event, Lagos State Governor, Mr. Babajide ...
