July 21, 2022

Nigeria’s power grid collapsed again on Wednesday, as it crashed from the 3,921.8 megawatts that was generated at 6am to as low as 50MW around 12.23pm, causing widespread blackout across the country. Industry figures obtained from the Federal Ministry of Power in Abuja showed that power generation on the grid had hit a peak of…

June 24, 2022

The Specialist Crime Team of the Metropolitan Police in London has arrested a former Deputy Senate President, Ike Ekweremadu, and his wife, Beatrice. They were arrested for alleged conspiracy to harvest the organs of a child, who is currently in protective custody. If convicted, the couple may get a maximum of life sentence or 12…

June 16, 2022

Fuel marketers have identified high cost of transportation as a major cause of fuel scarcity in Abuja. A former chairman, Major Oil Marketers Association of Nigeria (MOMAN), Tunji Oyebanji, said that the Federal Capital Territory constantly witnessed fuel scarcity due to high cost of diesel. According to him, a litre of diesel sold for N600…

June 3, 2022

The Central Bank of Nigeria has ordered banks and Payment Service Providers to accept indemnity from customers for highly secured online funds transfers. It stated this in a circular signed by the Director, Payments System Management Department, Musa Jimoh, with the reference number: PSM/DIR/PUB/CIR/01/006, titled ‘Circular on the review of operations of the NIBSS Instant…

May 27, 2022

A tanker containing 45,000 litres of Premium Motor Spirit on Friday tumbled at Otedola Bridge, Lagos, causing multiple vehicle collisions. The tanker with an unknown registration number collided with four vehicles, leading to a fire incident. The Lagos State Emergency Management Agency confirmed the accident in a statement by its Permanent Secretary, Dr. Olufemi Oke-Osanyintolu….

May 6, 2022

At least 1.7 million candidates are set to take part in the 2022 Unified Tertiary Matriculation Examination (UTME) nationwide scheduled to run from May 6 to May 16. The Joint Admissions and Matriculation Board (JAMB) stated that the examination would be conducted for 1,761,338 candidates that successfully registered for the examination in 755 registered computer-based…

May 6, 2022

Four months after the Federal Government and the Nigerian Electricity Regulatory Commission (NERC) quietly ordered the removal of subsidy on electricity and increased end-user tariffs, orders released, yesterday, by the regulator have created fresh concerns as poor Nigerians are now heavily burdened by tariff increases. Yesterday, six power distribution companies (DisCos) got NERC approval to…