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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 […]
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 […]
Two lives were lost in separate accidents on Wednesday along the Lagos-Ibadan and Lagos-Abeokuta expressways, adding to the rising number of road fatalities in the region. On the Lagos-Ibadan Expressway, a driver of a minibus, popularly known as “Korope,” died after his vehicle rammed into a moving truck near the secretariat area. Meanwhile, a pedestrian […]
The Federal Capital Territory (FCT) Police Command has intercepted a white 15-seater Peugeot bus transporting 59 children aged between four and 12 years in what is suspected to be a case of child trafficking. The vehicle, with registration number KMC 283 ZJ, was stopped along the Abuja-Kano route on Monday by a police team led […]
Dinesh Balsingh, Chief Executive Officer of Airtel Nigeria, has emphasized the urgent need for tariff adjustments, citing a 300 percent increase in operational costs over the past 18 to 24 months. He stated that these changes are critical for ensuring the telecom sector’s long-term viability. In a statement issued on Monday, Balsingh highlighted the difficult […]
The body of 65-year-old farmer Mr. Akanbi Sunlola was discovered in a decomposed state on his farm in Gbokoyi village, Ilero, Kajola Local Government Area of Oyo State, four days after he was reported missing on November 28. The discovery was made by a group of hunters who had been tasked by the community to […]
A 63-year-old man, Akin Kuboye, is receiving treatment in the hospital after being rescued from a 120-meter-deep well in the Igando area of Lagos State on Sunday. The Director of the Lagos State Fire and Rescue Service (LSFRS), Margaret Adeseye, confirmed the incident in a statement on Sunday. She explained that Kuboye, a plumber, had […]
The Akwa Ibom State Police Command has confirmed the successful rescue of a kidnapped lawyer and his niece from their captors’ hideout on Sunday. A video circulating online shows the moment when police operatives freed the victims after storming an underground tunnel where they were held captive. Acting on a tip-off, the operatives pinpointed the […]
The National Drug Law Enforcement Agency (NDLEA) has apprehended Egwuh Inya, a suspected drug trafficker, over an attempt to collect illicit drugs hidden inside pressure machines imported from South Africa. The 42-year-old building engineer was arrested on December 2 at the Okeyson Motor Park in Enugu when he arrived to collect three pressure machines containing […]
