Adelabu predicts Band A tariff will reduce when exchange rate falls below N1,000/$
Minister of Power, Adebayo Adelabu has said that the N225 kilowatt-hour tariff for Band A electricity consumers could decrease if the exchange rate falls below N1,000 to a dollar. Adelabu said this in an interview on Channels…
Europa League: Boniface scores late winner as Leverkusen beat West Ham 2-0
Nigerian striker Victor Boniface scored a late winner for Bayer Leverkusen in their 2-0 win over West Ham United in the first leg of their Europa League quarter-final clash at the BayArena on Thursday night. With just…
KPMG senior partners, managers caught in exam cheating scandal
Hundreds of staff, including senior partners and managers, in Klynveld Peat Marwick Goerdeler (KPMG)in the Netherlands, cheated on professional exams and the firm misled investigators about the misconduct. United States audit…
Libya overtakes Nigeria as oil output hits eight-month low
Libya overtook Nigeria to emerge top African crude oil producer for the month of March, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According to the April 2024 Monthly Oil Market Report…
Concern for Nigerians as UK raises minimum income requirement for family visas
The UK has raised the minimum income requirement for family visas to £29,000. Residents earning below will no longer be able to bring families into the UK The UK Home Office made the announcement Thursday stating that the…
‘I’m In The 20th Century’ – US President Says In Fresh Gaffe
President of United States, Joe Biden, has committed another blunder as he urged supporters to vote for him because he is in “20th century.” Biden said, “Elect me, I’m in the 20th century” in the latest Gaffe, while…
FG To Sanction DisCos Supplying Below 20 Hours To Band A – Adelabu
The Minister of Power, Adebayo Adelabu, has said the federal government will sanction power distribution companies (DisCos) that fail to supply 20 hours of electricity to customers in the Band A category. This is contained in…
Odili Pronounces Fubara Political Leader Of Rivers State
In a rare twist of events in Rivers State politics, former Governor Peter Odili has endorsed Governor Siminalayi Fubara as the political leader of the state, praising him for defending the interests of the people.…
BREAKING: O.J. Simpson dead at 76
O.J. Simpson, the former NFL running back whose accomplishments on the gridiron were marred by the infamous 1994 double-murder trial of his ex-wife and her friend, has died at…
NAFDAC Says Benylin Syrup, Which Has Been on the Market for 3 Years, Is Poisonous
A batch of Benylin Paediatrics Syrup, manufactured by Johnson & Johnson, has been recalled after laboratory checks confirmed an unacceptably high level of diethylene glycol in the product, but the drug has been…
Motorists will pay average of N3k toll on Lagos-Calabar road, says Umahi
The federal government says it plans to institute a toll fee of N3,000 for vehicles plying the Lagos-Calabar coastal road upon completion. David Umahi, minister of works, said this on ‘Morning Brief’, a programme on…
Chelsea to miss out on Osimhen as PSG, Napoli near €120m agreement
Napoli forward Victor Osimhen is reportedly on the verge of a significant move to Paris Saint-Germain (PSG) for a fee of €120 million. The deal comes as a heavy blow to Chelsea’s transfer aspiration of landing the…
Nigerian fraudster extradited to U.S. for robbing North Carolina University in multimillion-dollar…
CHARLOTTE, N.C. – Oludayo Kolawole John Adeagbo, 45, a Nigerian national previously extradited from the United Kingdom, has pleaded guilty to wire fraud conspiracy for his role in a multimillion-dollar business email…
BREAKING: Buhari’s minister Ogbonnaya Onu, is dead
Dr. Ogbonnaya Onu, the Minister of Science and Technology under the Muhammadu Buhari’s administration, is dead. A source, close to the deceased, confirmed the death to Tribune online on Thursday. Onu, a former governor…
Fares on Lagos-London route further drop as airlines deepen price war
Foreign airlines operating from Lagos to London have continued to drop their fares since Air Peace commenced operations on the route. Airlines such as British Airways (BA), Virgin Atlantic, Qatar Airways,…
ABCON asks CBN to bar non-oil export domiciliary account holders from accessing FX from official…
The Association of Bureau De Change Operators of Nigeria (ABCON) has requested that the Central Bank of Nigeria (CBN) prevent non-oil export domiciliary account holders from obtaining foreign exchange through the…
Coastal Road: Landmark property will be intact, no job will be lost — Umahi
The Minister of Works, David Umahi said the Landmark Beach Resort property will not be demolished in the cause of the 700-kilometer coastal road project intended to connect Lagos State with Calabar. Umahi disclosed this in…
Sack: We’re Living In Fear – CBN Staff
Members of staff of the Central Bank of Nigeria (CBN) have disclosed they are living in constant fear over the ongoing sacking since the appointment of Dr Olayemi Cardoso as the Governor. The CBN workers who spoke with…
Ladoja faults Ajibola’s assessment of Olubadan-designate’s health
The Otun Olubadan of Ibadanland and former Governor of Oyo State, Chief Rashidi Ladoja, on Wednesday, argued that Otun Balogun of Ibadanland, Oba Tajudeen Ajibola, was not in a position…
Lagos-Calabar coastal highway costs N4bn per kilometre – Umahi
The Minister of Works, David Umahi, has said the government is constructing the Lagos-Calabar coastal highway at a total cost of N4bn per kilometre and not the N8bn per km reportedly claimed by former Vice President Atiku…
Vietnam business tycoon faces death sentence in billion-dollar
A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated $27 billion in damages. Truong My Lan,…
Ododo, Bello condole ex-Kogi gov, Idris on son’s death
Kogi State Governor, Alhaji Usman Ododo and the former governor, Alhaji Yayaha Bello, have expressed their condolences to a former governor of the state, Alhaji Ibrahim Idris, following the death of his son, Muhammed.…
Wigwe: Ogunbanjo’s family sues charter company over helicopter crash
The family of the late former Chairman of the Nigerian Exchange Group, Abimbola Ogunbanjo, who was killed in a Southern California helicopter crash in February filed a lawsuit on Wednesday, against the US helicopter company.…
AGN declares April 11 ‘No shoot day’ in honour of Junior Pope
The Actors Guild of Nigeria has declared Thursday as “No Shoot Day” for all Nollywood film-makers, following the death of actor Junior Pope and three other crew members in a boat accident on Anam River in Anambra State on…