THE Abuja Electricity Distribution Company, AEDC, has announced another power outage in parts of the Federal Capital Territory, Abuja. The Disco on Friday disclosed in a statement on X that there will be power disruption in parts of Abuja on Saturday 11th January, 2025, from 10:00 am to 3:00 pm. …
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THE Central Bank of Nigeria has launched two new accounts—the Non-Resident Nigerian Ordinary Account (NRNOA) and the Non-Resident Nigerian Investment Account (NRNIA)—to let Nigerians living abroad invest and manage their funds. The initiative was revealed on Friday in a circular signed by the acting director of the CBN’s Trade and …
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THE world is moving towards electric vehicles at an accelerating rate in a bid to reduce carbon emissions from combustion engines that depend on fossil fuels. The adoption of EVs, especially by developed economies is in line with the Paris Agreement Agenda to achieve Net Zero emissions by 2050. On …
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THE former Senator representing Rivers East at the National Assembly, Sen. John Mbata, has emerged the new President-General of the Igbo Apex Socio-Cultural Organisation, Ohaneze Ndigbo Worldwide. Mbata was elected at the Ohanaeze Ndigbo General Assembly meeting held at the Old Government Lodge, Enugu on Friday. With the election, Mbata …
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THE Nigeria Security and Civil Defence Corps, Edo Command, says no fewer than 110 suspects were arrested for various crimes in the state in 2024. The State Commandant of the corps, Mr Gbenga Agun, disclosed this on Friday in Benin, at an event organised to mark the new year and …
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TWENTY-eight soldiers were killed in an attack in northern Benin, a security source told AFP on Thursday, as violence blamed on jihadists based in neighbouring countries increases. The high-ranking official said the strike took place on Wednesday evening near the border with insurgency-hit Burkina Faso and Niger. Attacks in …
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THE persons who died in a stampede that occurred before a Christmas rice distribution in Okija, Ihiala Local Government Area of Anambra State, have been buried. No fewer than 21 people, mostly women and children reportedly lost their lives during the tragic incident that occurred on December 21, 2024, during …
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Chairman of General Hydrocarbons Limited [GHL], Prince Nduka Obaigbena, in this letter to the Governor of Central Bank of Nigeria [FBN], Mr Yemi Cardoso, reproduced in extenso, hereunder, puts in context the disagreement between GHL and FBN as well as highlights the facts of the transaction or deal, and …
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THE Federal Government in the proposed N49.74 trillion 2025 budget has allocated approximately N175.13 million to the Nigerian Education Loan Fund (NELFUND). The Nigerian Education Loan Fund (NELFUND), a pivotal financial institution under the federal agency, was established to provide loans to eligible Nigerian students for higher education, under the …
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BORNO State Governor, Prof. Babagana Zulum has inaugurated three boards in the health sector, even as he has given a directive for a comprehensive overhaul of the state’s health care service delivery. The event was held on Thursday at the Council Chamber of the Government House in Maiduguri. The newly …
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