Power Distribution Companies (DisCos) have advocated a Central Bank-funded massive meters roll-out project, to ensure that electricity customers were adequately metered. The DisCos said on Thursday in Abuja that the massive roll-out of meters would assist in the full take off of the proposed Service Reflective Tariff (SRT). Mr Sunday Oduntan, Executive Director, Research and Read More…
Sentiments in the nation’s bourse weakened on Thursday, with the All-Share Index dropping by 0.01 per cent. Specifically, the All-Share Index (ASI) decreased by 1.51 points to close at 24,276.56 in contrast with 24,278.07 achieved on Wednesday. Accordingly, Month-to-Date and Year-to-Date losses stood -0.8 per cent and -9.6 per cent, respectively. Similarly, the market capitalisation Read More…
Hajia Zainab Ahmed, the Minister of Finance, Budget and National Planning, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) as well as the Fiscal Strategy Paper to the National Economic Council(NEC). Ahmed, who spoke with State House correspondents after the virtual NEC, said it was one of the main consultations that Read More…
Real Betis have appointed former Real Madrid and Manchester City coach Manuel Pellegrini as their manager from next season on a three-year contract, the La Liga side said on Thursday. Pellegrini, who won the English Premier League (EPL) with Manchester City in 2013/2014 as well as two League Cups, returns to Spain where he had Read More…
World football governing body FIFA wants VAR video reviews to be applied in the same way across all competitions, as they take over direct responsibility for the system. Issues concerning VAR have been handled primarily by the International Football Association Board (IFAB) during the system’s two-year experimental phase and its introduction as part of the Read More…
The United Nations has said a new version of Bob Marley’s iconic song, One Love, is to be released to support children badly affected by COVID-19. According to the organisationa in a report published on Thursday, the initiative is aimed at raising funds for that purpose, adding that the late musician’s family had given its Read More…
Nigeria COVID-19 cases has jumped to 30,249 cases as it recorded 460 cases on Wednesday, the Nigeria Centre for Disease Control (NCDC) announced on on its official twitter handle . The NCDC said that as at July 8 new confirmed cases was 460 with 15 deaths recorded, while no new state had reported a case Read More…
The World Health Organisation (WHO) says COVID-19 infections in Africa have surpassed 500,000 and there is concern as a growing number of countries are experiencing a sharp rise in cases. WHO Regional Office for Africa in Brazzaville, Congo disclosed this in a statement posted on its website. It said, so far, in less than five Read More…
The Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, says diversion and safety precaution are imminent, owing to the emergency rehabilitation on the third mainland bridge in Lagos. In a statement issued by the FRSC Public Education Officer (CPEO), Mr Bisi Kazeem, on Wednesday in Abuja, Oyeyemi said that the bridge would be Read More…
The Lagos State Government on Wednesday received 16 security operations vehicles from Shell Nigeria Exploration and Production Company Ltd (SNEPCo) toward enhancing security in the state. Speaking during the handover ceremony at the Lagos House, Marina, Lagos State Governor, Mr Babajide Sanwo-Olu said the donation of the security vehicles was a promise kept by the Read More…