Arsenal surged to the top of the Premier League standings after securing a confident 2-0 win against relegation-threatened Luton Town on Wednesday, despite fielding a revamped lineup. Captain Martin Odegaard broke the deadlock in the 24th minute, capitalising on Emile Smith Rowe’s industrious play. A stroke of halftime saw an own goal by Daiki Hashioka, Read More…
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Taiwan Struck by Strongest Earthquake in 25 Years: Nine Lives Lost, 50 Missing
In a seismic upheaval that reverberated across the island, Taiwan was jolted by its most powerful earthquake in a quarter-century. The temblor, measuring 7.2 magnitude, claimed nine lives and left more than 900 injured. As the earth convulsed, 50 workers, en route to a hotel nestled within a national park, vanished without a trace. In Read More…
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…
Woman arrested for assaulting LAGESC official over expressway crossing
The Lagos State Environmental Sanitation Corps (LAGESC), commonly known as KAI, has confirmed the apprehension of a woman accused of assaulting one of its officials for enforcing regulations regarding expressway crossings. According to the Agency’s spokesperson, Mr. Lukman Ajayi, the arrest occurred on Tuesday around 12:45 p.m. at Ile-Epo along the Ikeja/Iyana-Ipaja expressway, where the Read More…
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…
Tragedy strikes: Deputy Commissioner of Police commits suicide in Oyo
In a heartbreaking turn of events, Deputy Commissioner of Police (DCP) Gbolahan Oyedemi, a dedicated officer serving with the Force Criminal and Investigation Department (FCID) in Alagbon, Lagos State, has allegedly taken his own life. The incident occurred in his private house in his hometown of Ogbomoso, Oyo State, during the Easter break. DCP Oyedemi, Read More…
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…
Stock market transactions decline after Easter break, market capitalisation drops
The Nigerian Exchange Ltd. (NGX) witnessed a decline in the value of transactions on Tuesday, following the Easter break, with market activities showing a decrease in trade turnover compared to the previous session. According to analysis, a total of 545.49 million shares valued at N14.61 billion were exchanged in 12,747 deals, marking a 13.81% decrease Read More…
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…
Fatal collision in Lagos claims pedestrian’s life, triggers rescue operation
Tragedy struck in Lagos on Tuesday when a collision involving three commercial vehicles resulted in the death of a male pedestrian. The accident, which occurred at Ketu by Demurin Junction inward Kosofe, Lagos, at approximately 6:45 a.m., involved a Toyota Hiace Bus and two Volkswagen commercial buses. Confirming the incident, Mr. Adebayo Taofiq, Director of Read More…