Egbin shuts down, power supply drops to 3,636mw

Power supply dropped to 3,636MW, yesterday, following the shutdown of Egbin Power Plant and challenges in the transmission network.

December 19, 2023

Court clears way for inauguration of NSE’s first female president

A Federal Capital Territory, FCT, High Court sitting in Kuje, has set aside an interlocutory injunction, stopping the Nigerian Society of Engineers, NSE, election and the inauguration of the association’s first female president, Engr. Margaret Oguntala.

December 19, 2023

Nigeria remains top level destination for investments —Tinubu

President Bola Tinubu, yesterday, assured the international investment community that his administration would ensure that Nigeria remains a top-level destination for offshore and onshore investments.

December 19, 2023

Tinubu pledges to uphold media freedom, respect divergent views

PRESIDENT Bola Tinubu has pledged that his administration would always uphold media freedom and respect opinions, whether they were adversarial or complimentary to his government.

December 19, 2023

Leadway Health, NUPENG partner on health insurance for tanker drivers

Leadway Health, a health management organisation in Nigeria, has entered into partnership with the Petroleum Tankers Drivers (PTD) of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) to introduce a comprehensive health insurance plan for over 5,000 petroleum tanker drivers across Nigeria.

December 19, 2023

Rivers crisis: Wike, Fubara reach truce as Tinubu intervenes again

The political crisis in Rivers State may have ceased as parties reached a truce on Monday night. This followed about three hours of the talks at the Aso Rock Villa, Abuja, between President Bola Tinub… 19th December 2023

Edo gov poll open to all zones – Odigie-Oyegun

A former governor of Edo State, Chief John Odigie-Oyegun, has said aspirants from every senatorial zone of the state have the constitutional right to vie for the position of governor in 2024. Speaking… 19th December 2023

Firm offloads 14.62 million units of Mutual Benefits shares

Charks Investment Limited, a firm with influential shareholding in Mutual Benefits Assurance Plc, has divested 14,622,000 units of its holding in the company. According to a corporate notice filed w… 19th December 2023

JAMB raises UTME registration fees

The Joint Admissions and Matriculation Board, on Monday, increased the registration fees for the Unified Tertiary Matriculation Examination to N7,700 and N6,200. The increment was made known by the ex… 19th December 2023

Fighting Nigerian leaders fruitless, pray for them – Adeboye

The Pastor-in-charge of Region 12 of the Redeemed Christian Church of God, Pastor Richard Adeboye, has called for more prayers for the leadership of the country to overcome its array of woes and chall… 19th December 2023

Bandits abduct Zamfara village head, Imam, demands N5m

The head of Rakyabu village in the Tsafe Local Government Area of Zamfara State, Magaji Sa’idu, and the Chief Imam of the village Malam Abdullahi, have been abducted by bandits. An indigene of the a… 19th December 2023

Niger gov bars civil servants from wearing kaftan, babanriga

The Niger State Governor, Mohammed Bago, has banned workers in the state civil service from wearing native wears like Kaftan, Babanriga and flowing gowns during work hours. The ban takes immediate eff… 19th December 2023

A’Court upholds Fintiri’s election, fines Binani

The Court of Appeal in Abuja, on Tuesday, affirmed the victory of Governor Ahmadu Fintiri of Adamawa State in the March 18 governorship election in the state. The appellate court dismissed for lacking… 19th December 2023

Lagos 2024 budget scales second reading

The Speaker of the Lagos State House of Assembly, Mudashiru Obasa, on Monday, committed the 2024 Appropriation Bill presented last Wednesday by Governor Babajide Sanwo-Olu to a joint committee of the … 19th December 2023

Sanwo-Olu unveils Ikeja overpass today

The Lagos State Governor, Babajide Sanwo-Olu, will unveil the Ikeja overpass today (Tuesday). The Managing Director, Lagos Metropolitan Area Transport Authority, Mrs Abimbola Akinajo, disclosed this i… 19th December 2023

Lagos government congratulates PUNCH on NMMA awards

The Governor of Lagos State, Babajide Sanwo-Olu, has congratulated The PUNCH on winning the Newspaper of the Year at the Nigeria Media Merit Award. The governor also congratulated the Editor, The PUNC… 19th December 2023

PICTORIAL: Cotonou airport better than Lagos, Beninese officials don’t beg for money — American Ifa devotee who frequents Nigeria

A tourist, Nathan Lugo, has shared his experience at Cotonou Cadjehoun International Airport in the Benin Republic, comparing it with the Murtala Mohammed International Airport in Nigeria. In a recent… 19th December 2023

NGE launches trust fund for editors’ welfare

The Nigeria Guild of Editors has said it is putting in place a trust fund to address the economic challenges that media executives and editors are faced with during and after office. The President of … 19th December 2023

LASG seals NIPOST office, demolishes illegal structures

The Lagos State Government has sealed the old Nigeria Postal Service complex in the Mushin area and demolished adjoining illegal structures. A statement on Monday by the Lagos State Ministry of the En… 19th December 2023

Marvel drops Jonathan Majors after actor was convicted of assault

  Rising Hollywood star, Jonathan Majors, was convicted on Monday for assaulting and harassing his ex-girlfriend Grace Jabbari, prompting Marvel to drop him from a prime role in its superhero blockbu… 19th December 2023

N800bn illicit drugs seized, 42,105 offenders nabbed – Marwa

The Chairman of the National Drug Law Enforcement Agency, Brig. Gen. Buba Marwa (retd.), says the agency has seized N800bn worth of illicit substances and arrested 42,105 offenders, including 46 baron… 19th December 2023

Policies affecting newspaper industry will be reviewed – Tinubu

President Bola Tinubu, on Monday, promised to carefully review policies affecting the newspaper industry, acknowledging concerns about existing regulations hindering local access to newsprint. He affi… 19th December 2023

FG enlists Ulamas to reduce North out-of-school children

The Federal Government has said it is engaging Ulamas or Islamic teachers in the North to tackle the problem of out-of-school children, which it described as unacceptable and disheartening. The Minist… 19th December 2023

YABATECH, foundation offer free eye surgery

No fewer than 400 Lagos residents will benefit from free eye testing and cataract surgery organised by the Yaba College of Technology in partnership with the Lagos State Ministry of Health and the Alb… 19th December 2023

Include environmental issues in policymaking, commissioner urges MDAs

The Lagos State Commissioner for Establishments and Training, Mr. Afolabi Ayantayo, on Monday, called on Ministries, Departments and Agencies in the state to integrate environmental considerations in … 19th December 2023

BUSINESS NEWS

Tinubu charges NNPCL board, firm projects 2mbpd oil production

Core banking will drive growth in 2024 – Vetiva

Contributory pension retirees demand minimum stipend implementation

Sanwo-Olu woos investors for MSMEs

Forex scarcity: Aviation fuel import falls 27% to N358bn

Nigeria’s cash transfer programme must reach households – W’Bank

Banks borrowings from CBN rises 559% to N376.6bn

Transcorp Power generates over 29TWh to Nigeria’s national grid 10yrs after privitisation

Leadway Health, NUPENG partner on health insurance for tanker drivers

Leadway Health, a health management organisation in Nigeria, has entered into partnership with the Petroleum Tankers Drivers (PTD) of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) to introduce a comprehensive health insurance plan for over 5,000 petroleum tanker drivers across Nigeria.

December 19, 2023

Standard Chartered, Coris Bank enter agreement on sale of banking arm

NDIC pays N1.7bn to over 42,000 customers of failed banks

Upstream sector: Nigeria’s rig count rises 40% to 14

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