News

Banks have commenced the rationing of cash to customers. The lenders have been contending with the scarcity of naira notes as they ration available cash in their vaults.The cash rationing through Automated Teller Machines (ATMs) and over-the-counter transactions worsened in the last few days with customers finding it difficult to access the volume of cash they need for the...

To mark end of 14 Days of Activism Against Gender-Based Violence, Lagos State governor’s wife, Ibijoke Sanwo-Olu, has engaged Wesley School for the Hearing Impaired, Surulere, on importance of safeguarding children against abuse.Mrs. Sanwo-Olu underscored the inclusive governance philosophy of the administration, which prioritises protection of vulnerable children, including those with disabilities.T...

A check on the website of the Independent System Operator (ISO), an arm of the Transmission Company of Nigeria (TCN), showed all the generation power plants on the grid did not produce electricity by 2pm, having all contributed an average of 3,087 megawatts of electricity by 1pmIn a statement, the Jos Disco confirmed the collapse, saying: “The current outage being experienced within our franchise States is a result of loss of power supply from the national grid....

The House of Representatives has urged the Central Bank of Nigeria (CBN) to shut down illegal loan platforms used by criminals operating the “one chance” scheme. This resolution was passed following the adoption of a motion of urgent public importance moved by Billy Osawaru (APC, Edo) during plenary.In his motion, Mr Osawaru highlighted that criminals often use loan apps to extort money from victims....

The Federal Government has confirmed its readiness to rehabilitate and upgrade unused and dilapidated buildings and assets in Lagos State in the coming months.The Minister of Housing and Urban Development, Ahmed Dangiwa, confirmed this during an official facility assessment visit in Lagos.Mr Dangiwa stated that the buildings, left unrehabilitated for some time, pose challenges and security concerns for the...

Former Deputy National Chairman of the Peoples Democratic Party (PDP), Chief Bode George, urged President Bola Tinubu to reduce the price of fuel to N300 per litre noting that the reduction would enable Nigerians to celebrate the festive seasonHe also said the party will overcome its current challenges before the 2027 elections noting that the ambition of an individual should not be higher than the party....

The Minister of Power, Chief Adebayo Adelabu, has assured Nigerians that the nation’s power grid will achieve significant stability following the completion of phase one of the Presidential Power Initiative (PPI), also known as the Siemens project.The assurance came on Wednesday, coinciding with yet another national grid collapse, the 12th incident in 2024.Speaking after a meeting with German officia...

In a major disruption affecting millions of users, Meta’s key apps, including Facebook, Instagram, and WhatsApp, have been down for many users globally. Reports flooding in on social media, including X (formerly Twitter), confirmed that the issue is widespread, with many users unable to load their accounts or post content.Downdetector, a platform that tracks outages, has also shown massive spikes in outage reports acr...

The President of Germany, Frank-Walter Steinmeier has arrived in Nigeria. ...

A chief Magistrates court in Ado-Ekiti has adjourned Dele Farotimi’s bail ruling to December 20....