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TCN Clarifies Transmission Incident, Denies National Grid Collapse

The Transmission Company of Nigeria (TCN) has refuted reports suggesting a nationwide grid collapse, clarifying that the recent power disruption was due to the tripping of transmission lines, which affected parts of the country, particularly the Lagos axis. In a statement titled

January 12, 2025

Nigeria’s Livestock Sector Attracting Global Investors, Says Jega

The co-chairman of the Presidential Livestock Reforms Implementation Committee, Attahiru Jega, has disclosed that Nigeria’s livestock sector is beginning to attract significant interest from global investors. Jega attributed this growing attention to the federal government’s comprehensive reforms in the sector, which he

January 12, 2025

National Grid Collapses, Plunging Nigerians into Darkness

Nigerians were left in darkness on Saturday, January 11, as the national electricity grid suffered its first collapse of 2025. The grid, which has been plagued by recurrent failures in recent years, reportedly went down at exactly 1:56 p.m., according to data

January 11, 2025

Kano Government Urges Compliance with Appeal Court Decision on Emirate Council Controversy

The Kano State Government has urged all relevant authorities, institutions, and individuals to fully comply with the recent Court of Appeal judgment that resolved the long-standing dispute regarding the Emirate Council reforms. In a press conference held on Saturday at the NUJ

January 11, 2025

Senator Azuta-Mbata Elected President Of Ohanaeze Ndigbo

Senator John Azuta-Mbata has been elected as the President-General of Ohanaeze Ndigbo Worldwide. Azuta-Mbata, a former Senator representing Rivers East at the National Assembly, was elected at the stakeholders meeting of the Igbo Socio-Cultural organization at the old government lodge in Enugu,

January 11, 2025

INEC Chairman Warns of Budget Crisis, Says 2025 Funds Can Cover Only Salaries

The Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu, has said that the nation’s electoral umpire might practically be unable to perform any duties this year other than paying staff salaries with its 2025 budget estimates. The commission was

January 11, 2025

EFCC Arrests 4 Chinese, 105 Nigerians in Abuja Over Alleged Internet Fraud

The Economic and Financial Crimes Commission (EFCC), said it has arrested four Chinese and 105 Nigerians in a business apartment in the Gudu axis of the Federal Capital Territory (FCT) Abuja, over alleged internet fraud. The arrest made on Thursday, January 9,

January 11, 2025

INEC Proposes N126bn Budget for 2025, Urges NASS to Grant Approval

The Independent National Electoral Commission (INEC) has proposed the sum of N126 billion for its 2025 budget. The Chairman of the Commission, Prof Mahmood Yakubu, made the presentation while defending the 2024 budget implementation before the National Assembly on Friday. He pleaded

January 11, 2025

NAFDAC Calls for Funding to Conduct Clinical Trials on Herbal Medicines

The National Agency for Food and Drug Administration and Control (NAFDAC) has reiterated the need for funding to conduct clinical trials on herbal medicines in Nigeria, emphasizing the importance of scientific validation to ensure their safety, quality, and efficacy. Prof. Mojisola Adeyeye,

January 11, 2025

Makinde Appoints Prince Abimbola Owoade as New Alaafin of Oyo

Governor Seyi Makinde has officially approved the appointment of Prince Abimbola Akeem Owoade as the new Alaafin of Oyo, ending a prolonged period of speculation and controversy surrounding the ancient throne. The announcement was made on Friday in a statement issued by

January 11, 2025

Senate Opens 2025 Budget Defence, Questions Edun, Bagudu, and Agency Heads

The Senate yesterday commenced the defence of the 2025 federal budget, with key ministers and directors-general of government agencies facing intense scrutiny from various standing committees. The session, which signaled the start of rigorous budget evaluation, focused on transparency, fiscal discipline, and

January 10, 2025

You Proved Me Wrong, Fayose Hails Sanwo-Olu

Former Ekiti State governor Ayodele Fayose says Lagos State governor Babajide Sanwo-Olu has proved the projections of stakeholders in the nation’s economic nerve centre wrong with his performance. Fayose stated this on Wednesday during the Commissioning of Ikeja GRA Network of Roads

January 10, 2025

CBN Announces End of Export Proceeds Repatriation Extension

The Central Bank of Nigeria (CBN) has suspended the approval of extensions for the repatriation of export proceeds on behalf of exporters. CBN noted this directive which was issued through a circular dated January 8, 2025, takes immediate effect. The suspension applies

January 10, 2025

Borno State: Nigerian Military Reports 34 Terrorist Deaths, 6 Troop Casualties in Foiled Boko Haram/ISWAP Attack

The Nigerian military, on Wednesday, said with both ground and air components of operation Hadin Kai, it killed no fewer than 34 terrorists and recovered 23 AK 47 rifles during a failed retaliatory attack by elements of Boko Haram and Islamic State

January 10, 2025

Inflation Rate May Decline to 27% by December — Report

Nigeria’s headline inflation rate is projected to average 30.5% year-on-year in 2025 and settle at 27.1% by December 2025. According to the latest NESG-Stanbic IBTC Business Confidence Monitor report, the forecast is based on the premise that headline inflation is expected to

January 10, 2025

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