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Adeola Ilori, the National Coordinator of All Electricity Consumers Protection Forum, condemned the sudden tariff hike, ...
04/04/2024

Adeola Ilori, the National Coordinator of All Electricity Consumers Protection Forum, condemned the sudden tariff hike, asserting that it was implemented without due process.

Power experts have decried the 300 percent increase in electricity tariffs approved by the Nigerian Electricity Regulatory Commission (NERC)

Venezuela has long laid claim to the resource-rich territory, which covers around two thirds of the neighbouring country...
04/04/2024

Venezuela has long laid claim to the resource-rich territory, which covers around two thirds of the neighbouring country.

Venezuelan President Nicolás Maduro has passed a law to create a new state around the oil-rich region of Essequibo in neighbouring Guyana.

"Government must reverse to the former tariff and allow the economy to have some level of stability,”
04/04/2024

"Government must reverse to the former tariff and allow the economy to have some level of stability,”

The Association of Senior Civil Servants of Nigeria (ASCSN), has bemoaned the hike in electricity tariff in the country.

Mr. Adeola Ilori, the National Coordinator of All Electricity Consumers Protection Forum, condemned the sudden tariff hi...
03/04/2024

Mr. Adeola Ilori, the National Coordinator of All Electricity Consumers Protection Forum, condemned the sudden tariff hike, asserting that it was implemented without due process.

Power experts have decried the 300 percent increase in electricity tariffs approved by the Nigerian Electricity Regulatory Commission (NERC)

"Motorists must be conscious of time and plan their journey ahead to avoid unnecessary speeding while using the bridge a...
03/04/2024

"Motorists must be conscious of time and plan their journey ahead to avoid unnecessary speeding while using the bridge and any other link roads across the state,”

LASTMA warns motorists against overspeeding while driving on the long stretch of the newly-renovated Third Mainland Bridge.

It quoted people in the presidency with knowledge of the matter saying this was in a bid to attract new investment and s...
03/04/2024

It quoted people in the presidency with knowledge of the matter saying this was in a bid to attract new investment and slash about $2.3bn spent to cap tariffs (subsidies).

NERC approves increase of electricity tariff to N225 ($0.15) per kilowatt-hour from N68. This is a 300 percent hike with effect from April 1

Critics have argued that while tax compliance is important, public messages should be inclusive and respectful of all re...
02/04/2024

Critics have argued that while tax compliance is important, public messages should be inclusive and respectful of all religious groups to avoid fueling tensions in the country.

Federal Inland Revenue Service - FIRS

CAN on Tuesday in Abuja called on the Federal Inland Revenue Service (FIRS) to retract its Easter message and offer a public apology.

The report said that the number of rail transport passengers in Q4 2023 stood at 672,198.
02/04/2024

The report said that the number of rail transport passengers in Q4 2023 stood at 672,198.

The Nigerian Railway Corporation generated N1.07 billion as revenue from passengers in Q4 of 2023, says National Bureau of Statistics (NBS)

BRANDPOWER reports that Egodi via a social media platform, Facebook, had on Sept. 17, 2023, given a review that Nagiko T...
02/04/2024

BRANDPOWER reports that Egodi via a social media platform, Facebook, had on Sept. 17, 2023, given a review that Nagiko Tomato Mix, a product of Erisco Foods, was sugary.

The Manufacturers Association of Nigeria (MAN) has called for a fair regulatory environment to protect consumers and manufacturers’ interests.

The NBS also said that in February, the average CoHD was highest in the South-West at N1, 157 per adult per day, followe...
31/03/2024

The NBS also said that in February, the average CoHD was highest in the South-West at N1, 157 per adult per day, followed by the South- East at N1, 077 per day.

The National Average Cost of a Healthy Diet (CoHD) per adult a day stood at N938 in February, 2024, the National Bureau of Statistics (NBS)

Strengthening local government administration may not present a simple and seemingly magical solution to the problem of ...
31/03/2024

Strengthening local government administration may not present a simple and seemingly magical solution to the problem of grassroots governance.

From the early years of Nigeria’s route to into nationhood politicians have strived to produce a constitution that meets citizens aspirations

5😲😳🥺😥The Police Command in Lagos State, says it has arrested a 10-year-old boy (name withheld) for allegedly strangulati...
31/03/2024

5
😲😳🥺😥The Police Command in Lagos State, says it has arrested a 10-year-old boy (name withheld) for allegedly strangulating his 10-year-old mate to death during a football match.

The Police Command in Lagos State, says it has arrested a 10-year-old boy (name withheld) for allegedly strangulating his 10-year-old mate

Clement Oghenerukevwe Ikolo, one of the eight suspects declared wanted by the Defence Headquarters (DHQ) in connection w...
29/03/2024

Clement Oghenerukevwe Ikolo, one of the eight suspects declared wanted by the Defence Headquarters (DHQ) in connection with the murder of 17 army personnel at Okuama in Delta, has surrendered to the police.

The Defence Headquarters (DHQ) has declared eight persons wanted in connection with the gruesome murder of 17 officers and soldiers

Access gets head-start advantage....The programme may be executed through a variety of methods, including public offerin...
29/03/2024

Access gets head-start advantage....
The programme may be executed through a variety of methods, including public offerings, private placements, rights issues, book building processes, or a combination thereof,” it said.

Access Holdings Plc has unveiled plans to establish a capital raising programme of up to $1.5 billion or its equivalent.

🫵🫵🫵According to Umahi, only two things are left to be done on the bridge before it will be formally opened to the public...
29/03/2024

🫵🫵🫵According to Umahi, only two things are left to be done on the bridge before it will be formally opened to the public.

The Minister of Works, Sen. Dave Umahi, said that the main construction work on the Third Mainland Bridge had been done

"In terms of the composition, the intellectuals, the experts who are working in this area are not there. What you see ar...
29/03/2024

"In terms of the composition, the intellectuals, the experts who are working in this area are not there. What you see are largely government assisted people who are interested in one contract or the other..."

Some economic experts on Thursday picked holes in the composition of the economic team set up by President Bola Ahmed Tinubu

...the move is to enhance banks’ resilience, solvency, and capacity to continue supporting the growth of the Nigerian ec...
29/03/2024

...the move is to enhance banks’ resilience, solvency, and capacity to continue supporting the growth of the Nigerian economy.

CBN has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.

Wow 😳 The three sat together on stage for a moderated panel discussion, talking about democracy, life in the White House...
29/03/2024

Wow 😳 The three sat together on stage for a moderated panel discussion, talking about democracy, life in the White House, international conflicts and difficult decisions as president.

Former U. S. presidents Barack Obama and Bill Clinton have jumped to the aid of incumbent Joe Biden in the election campaign.

"This is not the end of this matter. The Nigerian media community shall consult further in the next few days on the acti...
28/03/2024

"This is not the end of this matter. The Nigerian media community shall consult further in the next few days on the actions to take against the CDS, the CDI, and the military regarding this matter."

Leading members of the Nigerian media say the release of FirstNews editor, Segun Olatunji has not foreclosed further action for the press.

"Our findings revealed discrepancies between the weight claims and the actual content; such practices not only violate t...
28/03/2024

"Our findings revealed discrepancies between the weight claims and the actual content; such practices not only violate the FCCPA but also exploit consumers through deceptive means."

The Federal Competition and Consumer Protection Commission (FCCPC) has advised consumers to verify the weight of bags of rice in the market

He was released to the General Secretary of the Nigerian Guild of Editors, Mr. Iyobosa Uwugiaren and the Deputy Editor (...
28/03/2024

He was released to the General Secretary of the Nigerian Guild of Editors, Mr. Iyobosa Uwugiaren and the Deputy Editor (Nation’s Capital) of THE NATION Newspapers, Mr. Yomi Odunuga under a bridge in Asokoro.😒

Mr. Segun Olatunji, the Editor of First News Online Newspaper has been released by the Defence Intelligence Agency (DIA).

"The international community should also pay attention to the unjust detention of Mr. Olatunji by the Nigerian military....
27/03/2024

"The international community should also pay attention to the unjust detention of Mr. Olatunji by the Nigerian military."

IPI Nigeria urges Tinubu to direct the Chief of Defence Staff (CDS) to produce Segun Olatunji, the Editor of FirstNews

Growth. Growth. Growth, the Access way...The company also experienced an 87 per cent surge in gross earnings to N2.59 tr...
27/03/2024

Growth. Growth. Growth, the Access way...
The company also experienced an 87 per cent surge in gross earnings to N2.59 trillion from N1.39 trillion in 2022.

Access Holdings reported a staggering 306 percent growth in profit after tax of N619.32 billion, up from N152.20 billion in 2022.

  access roads are international corridors, which means traffic gridlock along such sensitive road networks apart from n...
26/03/2024

access roads are international corridors, which means traffic gridlock along such sensitive road networks apart from negating port productivity is an international embarrassment that requires the synergy of all stakeholders to tackle sustainably."

Apapa and TinCan Ports, and elevate the status of the roads to international standards, NPA managing Director, Mohammed Bello-Koko

As Dr. Adaora Umeoji assumes the mantle of leadership at Zenith Bank, she carries aloft the flag of achievement that eve...
26/03/2024

As Dr. Adaora Umeoji assumes the mantle of leadership at Zenith Bank, she carries aloft the flag of achievement that every professional dreams of, especially women who have to always work extra hard to break through the proverbial glass ceiling.

Zenith Bank set the news stables abuzz over the past week for its recent appointment of a new managing director, Dr. Adaora Umeoji

The ONSA spokesman said that the personnel responsible for the custody of the suspect had been arrested as investigation...
25/03/2024

The ONSA spokesman said that the personnel responsible for the custody of the suspect had been arrested as investigation continues to unravel the circumstances behind his escape.

The Office of the National Security Adviser (ONSA) has confirmed the escape from lawful custody of Nadeem Anjarwalla, a Binance suspect

Last October, Hamas launched a large-scale rocket attack against Israel from the Gaza Strip and breached the border, kil...
25/03/2024

Last October, Hamas launched a large-scale rocket attack against Israel from the Gaza Strip and breached the border, killing 1,200 people and abducting around 240 others.

Israel has agreed to the terms proposed by the United States for the exchange of Palestinian prisoners for Israeli hostages held

HOW DO WE MAKE THIS SUSTAINABLE...?🤔"With this new adjustment in the price, it will be easier for us to feed during this...
25/03/2024

HOW DO WE MAKE THIS SUSTAINABLE...?🤔
"With this new adjustment in the price, it will be easier for us to feed during this fasting period"

Some residents of Lagos, have lauded Gov. Babajide Sanwo-Olu of Lagos State for reducing the prices of food items at “Ounje Eko”

Nigeria! Nigeria!! Nigeria!!! Na how many times I call you...Just imagine🤔PREMIUM TIMES sources said Mr Anjarwalla, 38, ...
25/03/2024

Nigeria! Nigeria!! Nigeria!!! Na how many times I call you...Just imagine🤔
PREMIUM TIMES sources said Mr Anjarwalla, 38, escaped on Friday, 22 March, from the Abuja guest house where he and his colleague were detained after guards on duty led him to a nearby mosque for prayers in the spirit of the ongoing Ramadan fast.

The Nigerian government said over $21.6 billion was traded by Nigerians whose identities were concealed by Binance.

Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from custody

"We have seen and discovered some ware houses in big commodity areas where even gates are removed and walls built just t...
25/03/2024

"We have seen and discovered some ware houses in big commodity areas where even gates are removed and walls built just to hoard food stuffs inside." - Agric Minister

Sen. Abubakar Kyari, Minister of Agriculture and Food Security has warned commodity traders against hoarding and speculative trading

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