Nigerian Electricity Regulatory Commission (NERC) on Wednesday, April 3 approved a sharp increase in electricity tariffs for customers under Band A. Customers in this category will now be charged N225 per kilowatt-hour (KW/h), a significant rise from the previous rate of N66. Band A customers are those who receive 20-24 hour of electricity supply daily. Subscribers under Band B enjoy ...
News
April, 2024
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15 April
Betta Edu, Sadiya Farouq, others not yet cleared – EFCC
The Economic and Financial Crimes Commission, EFCC, has noticed the rising tide of commentaries, opinions, assumptions and insinuations concerning its progressive investigations into the alleged financial misappropriation in the Ministry of Humanitarian Affairs, Disaster Management and Social Development. The suspended minister of the ministry, Betta Edu, and her predecessor, Sadiya Farouq, are among key serving and former officials that EFCC ...
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15 April
Nigerians say jailing Bobrisky is selective punishment, EFCC disagrees
The thinking is on the street that jailing Bobrisky doesn’t worth it, because many prominent Nigerians and others committed the same offense as charged against Bobrisky and nothing happened. There’s no fair judgment in this country. But Dele Oyewale ..Head, Media & Publicity at EFCC onApril 14, 2024 said; “On the issue of the works of the Commission against Naira ...
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15 April
Labour pressure FG to declare minimum wage May 1, submits N615,000
Speaking with one voice, Nigerian Labour Congress and Trade Union Congress, are demanding N615,000 as the new minimum wage for workers in Nigeria. The organised labour, also listed its expectations ahead of the 2024 Workers’Day, calling on the Federal Government to announce a new minimum wage on May 1. The National Vice President of the Trade Union Congress, Tommy Etim, ...
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15 April
Portable urges Bobrisky To remain male, promises financial support
Portable has promised to send Bobrisky all the earnings from his song “ Brotherhood” for the 6 months that he/she will be in jail . To portable , Bobrisky is his brother and should quit acting like a woman people will still love her/him Mainwhile, many are saying it’s going to be hard for Bob oh ,him go grow beards ...
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15 April
Bobrisky’s prison life as male inmate, on watch over homosexual act
Controversial crossdresser, Idris Okuneye, aka Bobrisky, who was handed a six-month prison sentence over naira abuse, currently shares the same cell with male inmates at the Ikoyi Custodial Centre. Justice Abimbola Awogboro of the Federal High Court in Lagos, while sentencing the convict, on Friday, April 12, 2024, said the judgment would be a deterrent to others who are found ...
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15 April
Recapitalisation race hots up, Top banks target $3bn
Four of the tier-1 banks in the country, FBN Holdings, Access Holdings, Guaranty Trust Holding Company Plc and United Bank for Africa Plc have indicated plans to raise about over $3.03bn (N3.46tn) in fresh capital. This came barely one month after the Central Bank of Nigeria directed Deposit Money Banks to recapitalise. CBN had given banks three ways to meet ...
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15 April
World leaders react as Iran Launches Major attack on Israel
Iran has launched drones at Israel, the Israel Defense Forces (IDF) said on Saturday night. It comes after days of anticipation that Iran was preparing to attack Israel in retaliation for a strike which killed a top Iranian commander. Israeli Prime Minister Benjamin Netanyahu said the country’s defence systems have been deployed and that Israel’s armed forces were ready. “I ...
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11 April
AY’s wife forecloses Reconciliation
Comedian Ayo Makun popularly known as AY”s wife, Mabel, has said with their irreconcilable differences, the almost two decades of marriage is over ! “My dreams of a lifelong marriage has taken a different direction now,” Mabel Makun says as she confirms the end of her marriage to Comedian, Ay. In a recent post, she said, “I’m committed to moving ...
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11 April
High Chiefs disqualify Olubadan on health ground, Ladoja, Makinde disagree
There are strong oppositions saying Olakulehin can’t be enthroned as Olubadan mainly on Heath ground. The Olubadan-designate, Oba Olakulehin, is ill and not physically fit to rule at the moment. The Otun Balogun Olubadan of Ibadanland, Oba Abimbola Tajudeen Ajibola, is at the forefront of the ibjection. He has appealed to all stakeholders involved in the process of selecting the ...