Business Power Top Story

Ikeja Electric marks 10th anniversary with 830,292 meter deployments

Ikeja Electric (IE) celebrated its 10th anniversary by announcing the successful deployment of 830,292 meters to its customers over the past decade. The statement, released on Friday in Lagos by Mr. Kingsley Okotie, Head of Media Communication, quoted the company’s Chief Executive Officer, Mrs. Folake Soetan, as she highlighted this achievement during the event. Soetan Read More…

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Sports Top Story

NOC President urges sports federations to use African games as testing ground for 2024 Olympics

In a recent development, Habu Gumel, President of the Nigeria Olympic Committee (NOC), has urged sports federations to assess their level of preparedness for the 2024 Olympics by utilising the African Games as a testing ground. He emphasised the importance of using the African Games for both qualification and raising awareness for the upcoming Olympics. Read More…

Budget Business Top Story

Nigerian lawmakers approve Tinubu’s controversial $2.8 billion supplementary budget amid outrage

In a significant development, Nigerian lawmakers have given their approval for President Bola Tinubu’s $2.8 billion supplementary budget, despite the inclusion of provisions that have sparked outrage among the country’s citizens. This supplementary budget includes allocations for new bulletproof vehicles for the president and his wife, a presidential yacht, official vehicles for the first lady’s Read More…

Business Oil & Gas Top Story

NNPC to supply crude to Dangote Refinery for testing in landmark deal

It has been revealed that Nigeria’s state oil corporation, NNPC Ltd, is set to provide the Dangote oil refinery with crude oil for testing purposes in a groundbreaking deal. This landmark agreement, exclusively reported by Reuters, marks a pivotal moment in the development of the 650,000 barrel-per-day Dangote oil refinery, funded by Africa’s wealthiest individual, Read More…

REUTERS/Mohammed Fayq Abu Mostafa/File Photo
Israel Palestine Top Story World

Diplomats weigh ‘Day After’ scenarios following Israeli assault on Hamas

As Israeli forces escalate their offensive against Hamas in the Gaza Strip, diplomats in Washington, the United Nations, the Middle East, and beyond are considering options for the aftermath if the Palestinian militant group is ousted – a task fraught with challenges. One possibility being discussed is the deployment of a multinational force in post-conflict Read More…

Football Sports Top Story

NPFL and StarTimes sign five-year ₦1 Billion broadcast rights deal to bring Nigerian football to TV screens

In a historic move, the Nigeria Premier Football League (NPFL) has inked a five-year broadcast rights agreement valued at ₦1 billion with StarTimes, marking a significant step towards restoring the nation’s elite league to television screens. This momentous development was officially confirmed during the contract signing ceremony held in Abuja, where officials from the NPFL Read More…

DEMIE
City Transport Infrastructure Metro Top Story

Sanwo-Olu inaugurates Yaba flyover, marking a new era in Lagos transportation

Governor Babajide Sanwo-Olu of Lagos State officially inaugurated the Yaba flyover, a pivotal moment in the ongoing transformation of the state’s transportation infrastructure. The Yaba flyover is one of four bridges being simultaneously constructed along the Red Line rail corridor, and its opening to traffic promises to revolutionise commuting and connectivity in Lagos Mainland. During Read More…

Football Sports Top Story

CAF unveils nominees for CAF Awards 2023

The Confederation of African Football (CAF) has officially disclosed the nominees for the men’s categories of the CAF Awards 2023, which are set to take place on December 11 in Marrakech, Morocco. According to a statement posted on the CAF website, a panel comprising CAF Technical Experts, African Football Legends, and selected media representatives from Read More…

demie
Business Top Story Trade

Lagos State secures $1.35 billion investment for infrastructure Projects

Lagos State Governor Babajide Sanwo-Olu announced a significant investment deal worth $1.35 billion with the African Export-Import Bank (Afreximbank) and Access Bank, aimed at boosting infrastructure development in the state. The announcement was made during the second AfriCaribbean Trade and Investment (ACTI) Forum in GeorgeTown Guyana. Governor Sanwo-Olu emphasised that this substantial investment would have Read More…

Budget Business Top Story

President Tinubu presents 2023 supplementary budget, seeks approval for 2024-2026 MTEF/FSP

President Bola Tinubu has made two significant moves in the realm of fiscal policy, as he presented the 2023 Supplementary Budget and sought Senate approval for the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). In a letter addressed to Senate President Ahmed Lawan, President Tinubu expressed his gratitude to the Senate Read More…