Business Power Top Story

NERC approves electricity tariff hike for Band A customers, downgrades non-compliant areas

The Nigerian Electricity Regulatory Commission (NERC) has given the green light for an increase in electricity tariffs, impacting Band A customers who currently receive 20 hours of power supply daily. Mr. Musliu Oseni, Vice Chairman of NERC, announced this decision during a press conference held in Abuja on Wednesday. Oseni highlighted that Band A customers Read More…

Kidnapping Metro Top Story

Lagos Police bust kidnapping syndicate, rescue victims

The police in Lagos have apprehended three suspected kidnappers in a daring raid on their hideout in the Ijanikin area, confirming the swift operation that led to their arrest. According to the Zonal Public Relations Officer (ZPRO), SP. Umma Ayuba, the suspects identified as Samuel Kwasi, 64, Monday Unachukwu, 24, and Freeman Ekpebo, 23, were Read More…

Business Companies Top Story

Mixed fortunes visit Nigerian Companies: Transcorp Power reports surge, Cadbury Nigeria posts loss, Geregu Power pays dividend

Three major Nigerian companies, Transcorp Power Plc, Cadbury Nigeria Plc, and Geregu Power Plc, have released their end-of-year reports, revealing a mix of financial outcomes for the year ended Dec. 31, 2023. Transcorp Power Plc reported a significant surge in profit before tax (PBT), with Mr Stanley Chikwendu, Group Company Secretary, confirming a profit of Read More…

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Business Power Top Story

Nigeria to cut electricity subsidies for high-end consumers, sparking fresh inflation concerns

Nigeria plans to axe electricity subsidies for a select group of consumers in a bid to rein in ballooning public finances, the presidency announced on Tuesday. This move follows a series of reforms undertaken by President Bola Tinubu aimed at stimulating economic growth. “With the huge subsidy burden and high cost of gas … the Read More…

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Israel Palestine Top Story

Tragedy strikes: Aid workers’ lives lost in Gaza airstrike

In a heart-wrenching incident, an Israeli airstrike claimed the lives of seven aid workers associated with the World Central Kitchen (WCK) in Gaza. The tragedy unfolded during a humanitarian mission, leaving the international community in shock and prompting urgent calls for answers and justice. The airstrike, which occurred on a WCK convoy, resulted in the Read More…

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Senegal Top Story World

Senegal’s Bassirou Diomaye Faye sworn in as President, vows reform and stability

In a historic moment for Senegal, opposition candidate Bassirou Diomaye Faye, once imprisoned for his political beliefs, was inaugurated as the nation’s youngest president at the age of 44. Faye’s ascension to power symbolises a new chapter for the West African nation, marked by promises of stability and economic advancement. Following a landslide victory in Read More…

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Boxing Sports Top Story

Mike Tyson defies age to keep fans hooked in bout against Jake Paul

At 58 years old, boxing legend Mike Tyson continues to captivate audiences worldwide, with fans eagerly anticipating his upcoming showdown against Jake Paul on July 20 in Texas. Despite his age, Tyson remains a crowd puller, drawing immense interest from spectators eager to witness the former heavyweight champion in action. The highly anticipated bout between Read More…

Disaster Metro Security Top Story

Minor Explosion at Ikeja Cantonment: Nigerian Army Responds

In a recent incident, a minor explosion occurred in a farmland near the Mammy Market within the Ikeja Cantonment in Lagos. The Nigerian Army swiftly addressed the situation, and here’s what we know: According to Major General Onyema Nwachukwu, Director of Army Public Relations, the explosion was likely triggered by the burning of refuse and other inflammable debris by a farmer who cultivated the Read More…

Health Mental Health Metro Sports Swimming Top Story

Nigerian Swimmer Akinrodoye Dare triumphs: Conquering the Third Mainland Bridge

A Remarkable Feat for Mental Health Awareness Akinrodoye Dare, known as Coach Dreh, etched his name in history by completing an extraordinary swim across the Third Mainland Bridge in Lagos. In a daring feat that lasted two hours and 33 minutes, he covered the entire 11.8-kilometre length of the bridge, defying all odds and raising awareness about mental health, suicide, Read More…

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Football Sports Top Story

Arsenal hold firm to stymie Manchester City: Premier League title race heats up

In a crucial match-up at the Etihad Stadium on Sunday, Arsenal displayed defensive prowess, securing a hard-fought 0-0 draw against reigning champions Manchester City. This stalemate allowed Liverpool to ascend to the top spot in the Premier League standings, intensifying the three-way title race. Mikel Arteta, Arsenal’s manager, expressed mixed feelings about the outcome, stating, Read More…