The Federal Government has announced a target to boost Nigeria’s power generation to at least 6,000 megawatts by the end of 2025. The Minister of Power, Bayo Adelabu, made this known during an assessment visit to the Calabar Power Plant, managed by the Niger Delta Power Holding Company (NDPHC), on Tuesday, August 13, 2024. Minister […]
Category archives: News
“MTN Warns of Critical Condition in Nigeria’s Telecom Sector: ‘In ICU’
MTN Nigeria’s CEO, Karl Toriola, has issued a stark warning about the dire state of the country’s telecommunications sector, likening it to being in an “intensive care unit” (ICU). He emphasized the urgent need for intervention to prevent the industry from collapsing. Speaking virtually at a telecom investment forum in Lagos on Tuesday, Toriola highlighted […]
CSOs debunk Odinkalu’s allegations against FCT High Court and Chief Judge
Civil Society Organizations (CSOs) have dismissed allegations made by Chidi Anselm Odinkalu against the FCT High Court and Chief Judge Husseini Baba Yusuf as baseless and misleading.Chidi Anselm Odinkalu recently made allegations against the FCT High Court and Chief Judge Husseini Baba Yusuf, claiming that the Chief Judge was involved in a plot to stifle […]
Union Bank Achieves PCIDSS 4.0 Certification
Union Bank, a prominent and reliable financial institution in Nigeria, has achieved a significant milestone by securing the Payment Card Industry Data Security Standard (PCIDSS) version 4.0 certification. This upgrade from the previous PCIDSS version 3.2 underscores the bank’s commitment to adhering to the highest standards of data security and fraud prevention. About the Certification […]
Dollar to Naira Exchange Rate: August 12, 2024
The black market exchange rate for the U.S. dollar to the Nigerian naira today, August 12, 2024, is as follows: These rates are for transactions at the Lagos Parallel Market (commonly known as the black market) and are provided by sources at Bureau De Change (BDC) operators. The Central Bank of Nigeria (CBN) official rates […]
Rep Ugochinyere Accuses Abuja Politicians of Orchestrating Bombing of APP Office in Rivers
Ikenga Imo Ugochinyere, the House of Representatives member for Ideato North/South, has accused politicians in Abuja of orchestrating the recent bombing of the Action People’s Party (APP) Secretariat in Rivers State. Ugochinyere has called for President Bola Tinubu’s intervention to halt what he describes as an ongoing assault on democracy in Rivers State. He reported […]
Justice Kudirat Kekere-Ekun Poised to Become Next Chief Justice of Nigeria
Justice Kudirat Kekere-Ekun is set to become the next Chief Justice of Nigeria (CJN) based on her seniority and the current judicial hierarchy. She will take over from Justice Olukayode Ariwoola, whose term ends on August 22, 2024, upon reaching the mandatory retirement age of 70. A valedictory service in honor of Justice Ariwoola has […]
Iran’s Vice President Zarif Resigns After Just 11 Days
Iran’s Vice President Mohammad Javad Zarif has resigned from his post only 11 days after being appointed by President Massud Pezeshkian. Zarif announced his resignation via his X account, citing dissatisfaction with his performance and his inability to meet expectations. In his statement, Zarif highlighted disagreements over the selection of Pezeshkian’s new cabinet, noting that […]
Dispute Over Cause of Fire at Redeemed Christian Church in Niger State
Authorities in Niger State are currently divided over the cause of a fire that destroyed the Zonal Headquarters of the Redeemed Christian Church of God in Kontagora. State Government’s Allegation The Niger State Government has attributed the fire to hoodlums. Aisha Wakaso, the Special Adviser to the Governor on Print Media, suggested that the fire […]
Debate Intensifies Over Constitutional Reform: 2014 Confab Report vs. New Constitution
The call for constitutional reform in Nigeria is gaining momentum, with varying perspectives on whether to pursue a new constitution or implement the 2014 National Constitutional Conference (Confab) report. The Patriots’ Proposal A group of eminent persons known as The Patriots has urged President Bola Tinubu to introduce a bill for a new constitution reflecting […]