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TCN cancels non-performing electricity transmission contracts
The Transmission Company of Nigeria on Wednesday declared that it had cancelled many non-performing electricity transmission contracts. It also stated that four of such contracts were cancelled in the last two months, adding that…
Police arraign Premium Times reporter
The police have arraigned the Premium Times journalist, Samuel Ogundipe, following his refusal to disclose the source of his report. It was gathered on Wednesday that the police authorities secretly arraigned him at a Kubwa…
Active sexual intercourse can make you look seven years younger – Physician
The Chairman, Association for Advancement of Family Planning, Dr. Ejike Orji, has said men and women who maintain active sex life usually look between five and seven years younger than their actual ages. The physician noted that…
Governor Aregbesola begins payment of full salaries
The Chairman, Nigeria Labour Congress, Osun State chapter, Mr Jacob Adekomi, has said that the Governor Rauf Aregbesola administration has started paying full salaries to all categories of workers in the state. The NLC chairman said…
Man City’s De Bruyne Suffers Knee Injury
Manchester City’s Kevin de Bruyne is having tests on a right knee injury suffered in training on Wednesday. City said the extent of the injury suffered by the 27-year-old Belgium midfielder is “not yet known”. In 2016, he missed 12…
Setraco Shareholders, Directors at War over Control of Company
All is not well at Setraco Nigeria Limited as its shareholders are currently entangled in a battle over the management of the company. Already, a Federal High Court in Abuja has asked members of minority shareholders, Inu Umoru and Son…
From Minority Leader To State Opposition Chief
Okon Bassey chronicled events at the Ikot Ekpene Stadium when the former Senate Minority Leader, Senator Godswill Akpabio declared for the All Progressive Congress (APC) As early as 8am on Wednesday, August 8, the Ikot Ekpene Stadium was…
Meet the latest billionaires on the Nigerian Stock Exchange
Notore Chemical Industries Plc listed N1.61 billion ordinary shares of N0.50 each at N62.50 per share a few weeks ago on the Nigerian Stock Exchange (NSE). At its listing price, this amounted to a market capitalisation of N100.63…
Oyo 2019: Ajimobi Drops Bayo Adelabu, Cites Loyalty
As the race for the 2019 Governorship election in Oyo State gets hotter, Oyo State Governor, Abiola Ajimobi is close to anointing a successor. Surprisingly, he has proven political analysts wrong by not settling for the grandson…
Royal Rumble! Oba Akinruntan Rubbishes Ooni of Ife With Moremi Statue
The battle for cultural supremacy between Ile-Ife and Ugboland does not appear to be something to abate any time soon. It seems things are even going to be compounded further with the recent step taken by the Kingdom of Ugboland to make…
Power Horse. . . Lagos Speaker, Mudashiru Obasa, And His Many Wives
Like his fleet of vintage and top-of-the-range automobiles, the Lagos State Speaker, Mudashiru Obasa’s harem is filled with some of the finest species of the womenfolk. The world is particularly familiar with the drool-inducing Idayat…
Inflation rate drops for the 18th consecutive time
Key Highlights Inflation rate stood at 11.14% in July. Inflation rate reduces by 0.09% from June. Inflation rate increased by 1.13% on month-on-month basis. Food inflation stood at 12.85% in July. Core Inflation stood at…
These African footballers are on top of the 2018 money league
With no major changes in contracts expected this year and the January transfer window lurking around, we profile the biggest African football earners. With the 2o17/18 football season underway, it's fair to say that money dominated…
‘Game of Thrones’ Star Calls the Final Season ‘Heartbreaking’
Ever since the Season 7 finale aired almost one year ago, Game of Thrones fans have been waiting not-so-patiently for what comes next. Of course, we're eager for the next season to begin, but also…
Trump revokes security clearance of ex-CIA Chief, Brennan
Donald Trump has revoked the security clearance of ex-CIA chief John Brennan, denying the US president’s critic of any access to sensitive information. White House press secretary Sarah Sanders announced the decision by reading a…
Rewane faults report ranking Lagos third worst City to live in
Renowned financial expert, Mr. Bismarck Rewane has faulted a report rating Lagos as third worst city to live in the world. A report issued on Tuesday by the Economist Intelligence Unit (EIU) had cited security, education and…
Naira closes at N362.30 to dollar at investors’ window
The Naira on Wednesday closed at N362.30 to the dollar at the investors’ window, with investors trading a total of 147.8 million dollars. At the Bureau de Change (BDC) window, the naira was sold at N360 to the dollar, while the Pound…
FG, States, LGs share N821.86bn in July
The Federation Account Allocation Committee, FAAC, has disbursed the sum of N821.86 billion to the three tiers of government in July, from the revenue generated in June 2018. According to the National Bureau of Statistics, NBS, the…
Alleged husband killer, Maryam Sanda names new baby after father in-law
Maryam Sanda, the alleged killer of her husband, Bilyaminu Bello, on Wednesday in Abuja named her new born baby according to Islamic rite. Maryam was granted bail when it was discovered that she was pregnant and there were no…
Why we want N189.2 billion for 2019 election — INEC
The chairman of the Independent National Electoral Commission (INEC), Mahmood Yakubu, has given reasons to justify the increase in the 2019 election budget. He said this on Wednesday during the budget presentation of the 2019…
After two years, detained Nigerian journalist Jones Abiri freed
Jones Abiri, the Nigerian journalist detained for over two years has been released. The journalist was released on Wednesday evening after he met his bail conditions, his lawyer told…
I may run for president – Al-Mustapha, ex-Abacha CSO
Hamza Al-Mustapha, former Chief Security Officer to late Head of State, General Sani Abacha, says he will join the presidential race if prevailed upon by Nigerians to do so.Mr Al-Mustapha, a retired major, gave the indication Wednesday…
Adeosun appointed NBET board chairman
The Nigerian government has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company (NBET) with Minister of Finance, Kemi Adeosun, as the new chairman. The Director of Information,…