AFTER a 10-day blackout in various states across the Northern part of the country, the Transmission Company of Nigeria has confirmed the restoration of electricity. The restoration of power in these areas follows the successful repair of the 330KV Ugwuaji-Apri transmission line 1 after it was vandalised by hoodlums. A …
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NIGERIA’s Minister of Aviation and Aerospace Development, Festus Keyamo SAN, has distributed 600 bags of fertilizer to local farmers across the three senatorial districts of Delta State. This effort is part of the Renewed Hope Agenda championed by President Bola Ahmed Tinubu, aimed at fostering sustainable development and improving the …
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A Federal High Court in Abuja has stopped the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to Rivers state government. The court held that the receipt and disbursement of monthly allocations since January this year by Governor Siminalayi Fubara was a constitutional aberration that must not …
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NIGERIA’s Minister of Art, Culture, Tourism, and the Creative Economy, Barrister Hannatu Musa Musawa, has committed to collaborating with her predecessor, Mrs. Lola Ade-John, to raise awareness and advance Nigeria’s tourism sector. During a formal handover ceremony at her office in Abuja, Musawa praised Ade-John’s contributions to the ministry. https://newsextra24.com/breaking-court-bars-cbn-from-releasing-monthly-allocation-to-rivers-state/ …
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OPERATIVES from the Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) apprehended 55 individuals suspected of internet fraud across various locations in Offa, Offa Local Government Area, Kwara State, on Wednesday, October 30, 2024. This recent crackdown follows a prior EFCC operation from September 3 to 6, …
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Guaranty Trust Holding Company Plc (GTCO) has announced its nine months ended September 2024 unaudited result and accounts with about N1.22 trillion profit before tax, about 182 per cent increase from N433.2 billion reported in nine months of 2023. The lender’s profit after tax grew faster by 195.3per cent to …
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THE National Insurance Commission (NAICOM) on Wednesday wielded the big stick, sacking the board and management of the ailing African Alliance Insurance Plc, one of Nigeria’s oldest life assurance companies. The regulator, having taken over the insolvent firm over failure to meet obligations to annuitants and policyholders, has also appointed …
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A member of the House of Representatives, Alexander Mascot Ikewechegh, has appeared at the Kuje Magistrate Court for allegedly assaulting a bolt driver, Stephen Abuwatseya in Abuja. During the hearing of the case, prosecuted by the Inspector General of Police’s Special Investigation Unit, Ikewechegh was charged with abuse of office, …
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THE Presidential Compressed Natural Gas Initiative (PCNGI) has announced plans to significantly reduce taxi fares for services at the Nnamdi Azikiwe International Airport, Abuja, by 30%. This initiative comes after the signing of an agreement with Airport Taxi Operators to convert 800 vehicles to run on compressed natural gas (CNG). …
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PRESIDENT Bola Tinubu has appointed Major General Olufemi Olatubosun Oluyede as the new Chief of Army Staff. This was contained in a statement on Wednesday by the presidential spokesperson, Bayo Onanuga. He said Oluyede would hold sway as the CoAS pending the return of Lt. General Taoreed Abiodun Lagbaja, who …
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