News

Ahead of the celebration of the 2022 world happiness day, Finland has been named the world’s happiest country for the fifth year running, while Afghanistan as the unhappiest, followed closely by Lebanon. Serbia, Bulgaria, and Romania recorded the biggest boosts in wellbeing.  The largest falls in the World Happiness table, came in Lebanon, Venezuela, and Afghanistan....

The Economic and Financial Crimes Commission has confirmed that the immediate-past governor of Anambra State, WILLIE OBIANO, is in their custody and has been moved from Lagos to their facility in Abuja. Sources within the commission confirmed this to newsmen. OBIANO was arrested by the EFCC on Thursday night hours after his handover to the new Anambra Governor, CHARLES SOLUDO....

The Chief of Army Staff, Lt.-Gen. FARUK YAHAYA, has disclosed the army’s readiness to provide secured environment for the conduct of the 2023 general elections. He stated this in Abuja at the closing of the Chief of Army Staff First Quarter Conference, 2022.YAHAYA charged military personnel to remain professional and apolitical as they carry out their constitutional duties of maintaining peac...

The Nigerian Electricity Regulatory Commission has confirmed the removal of electricity subsidies by the Federal Government. Addressing a news conference in Abuja, the Chairman of the Commission, SANUSI GARBA, said the review was conducted in line with multi-year tariff order that mandates that electricity tariff be reviewed every six months. Garba said it is the duty of electrici...

An economic expert and Lecturer at Olabisi Onabanjo University Ogun state, DR, KENNY ADELOWOKAN has called on the Federal government to provide enabling environment for businesses to cushion the effect of economic inflation in the country. ADELOWOKAN said this in a chat with our correspondent while reacting to the 15.63 percent economic inflation rate in the country. ADELOWOKAN al...

Nigerian Economist and businessman, TONY ELUMELU has lamented over the worsening electricity,  hike in prices of diesel, and its effect on businesses in the country. The CEO in a series of tweets said businesses are suffering under the situation with Nigerian citizens groaning under food inflation as well. Speaking further, the entrepreneur who also runs a non-profit organisa...

President MUHAMMADU BUHARI has apologized to Nigerians for the inconvenience caused by the prolonged shortage of petroleum products. In a statement by his Senior Special Assistant on Media and Publicity, GARBA SHEHU, BUHARI said his administration had successfully averted such a problem in its seven years in office. President BUHARI further revealed that his administration knows t...

The former Central Bank of Nigeria (CBN) governor, and governor elect of Anambra State, CHARLES SOLUDO has been inaugurated as the fifth civilian governor of Anambra State today. Although the new governor said the event will be low-key, however, the venue of the inauguration was a hive of activities as guests, including the outgoing governor and his wife, have arrived. Governor CH...

The Federal Executive council has approved the sum of five billion naira to reinforce power supply in Lagos and Ogun states. This was disclosed by the Minister of Power, ABUBAKAR ALIYU, after the Federal Executive Council (FEC) meeting presided over by the Vice President, Professor YEMI OSINBAJO. ALIYU who also declared the recovery of the national grid that collapsed few days ago...

Electricity consumers in Lagos, Enugu, Ibadan, Anambra, and some other states have yet again been thrown into darkness after the national grid collapsed. It is the second time the national grid would experience a system collapse in less than two days after an earlier fault was reported. The Eko Electricity Distribution Company (EKEDC) was one of four of the Distribution Companies ...