Amid rising electricity costs and frequent power fluctuations, Nigerian Breweries Plc has received approval to generate its own power at facilities in Abia, Oyo, and Enugu states. Collectively, the company will produce up to 41 megawatts of electricity across its four power stations. The Nigerian Electricity Regulatory Commission (NERC) disclosed this development in its third-quarter […]
The administration of President Bola Tinubu is facing significant pressure to abandon the food import waiver announced in July 2024.According to multiple sources in the Presidency, this pressure stems from private sector stakeholders who argue that allowing food imports could undermine local investments and exacerbate unemployment in Nigeria. Representatives from the private sector described the […]
A deadly airstrike by Myanmar’s military junta has claimed the lives of at least 40 people in a village in western Rakhine state. The attack, which took place on Wednesday afternoon, targeted Kyauk Ni Maw on Ramree island. A spokesperson for the Arakan Army (AA), an ethnic armed group engaged in an ongoing conflict with […]
Petroleum product marketers have clarified why many filling stations are still selling Premium Motor Spirit (PMS), commonly known as petrol, above ₦1,000 per litre. They attribute this to unsold stock purchased at the previous rate of ₦970 per litre, which remains in storage. On December 19, 2024, the Dangote Refinery reduced its ex-depot petrol price […]
West Ham United has officially named Graham Potter as its new head coach on a two-and-a-half-year contract. The 49-year-old, who previously managed Chelsea, Swansea City, and Brighton & Hove Albion, now takes on the challenge of leading the Hammers after his departure from Stamford Bridge in 2023. Potter expressed his excitement at returning to the […]
