The Economic and Financial Crimes Commission, on Tuesday, urged Justice Emeka Nwite of the Federal High Court Abuja to deny the bail application of the detained Binance Holdings Limited executive, Tigran Gambaryan. The...
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TCN: Why grid collapse persists in Nigeria
The Transmission Company of Nigeria (TCN) has given reasons for the persistent collapse of the national electricity grid in the country. The TCN said the nation’s power sector is currently faced with various...
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5 Minutes
Nigeria govt set to unbundle 11 DisCos— Minister
The Nigerian government on Monday said it has commenced the restructuring of the eleven electricity distribution companies (DisCos) in the country. Nigeria’s Minister of Power, Adebayo Adelabu, disclosed this while speaking during the...
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NNPC: Nigeria to get 20,000bdp oil from OML 85 oil platform
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner, First Exploration and Petroleum Development Company Limited (First E&P), aim to achieve an average oil production of 20,000 barrels per day...
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2 Minutes
BREAKING: World Bank, AfDB to offer electricity to 300m Africans
The World Bank and the African Development Bank (AfDB) are partnering to provide electricity access to at least 300 million people in Africa by 2030. This was disclosed following the meeting of World...
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1 Minute
Students loan: 1.2m beneficiaries to be in first batch— NELFUND declares
The Nigerian Education Loan Fund (NELFUND) says Unified Tertiary Matriculation Examination registration number, National Identification Number and Bank Verification Number are major requirements for accessing Students Loans. The Managing Director of NELFUND, Mr...
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7 Minutes
El-Rufai, marketers subsidy payment claims wrong – FG, NNPC
The Federal Government through its Ministry of Petroleum Resources and the Nigerian National Petroleum Company Limited have stated that the various claims by different individuals and groups on the alleged return of subsidy on...
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3 Minutes
[BREAKING] Grid collapse: FG deploys technology to detect sudden power drop
In a bid to address the recurrent collapse of Nigeria’s power grid, the Federal Government has deployed a new technology to detect and respond to sudden drops or dips in power generation across the...
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2 Minutes
BREAKING: NiMet predicts 3-day sunshine, thunderstorms
The Nigerian Meteorological Agency (NiMet) has predicted sunshine and thunderstorms from Thursday to Saturday across the country. NiMet`s weather outlook released on Wednesday in Abuja forecast sunny skies on Thursday over the Northern...
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1 Minute
BREAKING: Oyo Demolishes Yoruba Nation Agitators’ Building
The Oyo State Government has demolished the building housing Yoruba Nation agitators led by Modupe Onitiri-Abiola in Ibadan, the state capital. The structure, located on Toye Oyesola Street in Ibadan South West Local...
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