Tragedy struck in the early hours of Tuesday as a midnight inferno engulfed Ladipo Market in Mushin and Owode Onirin Market along Ikorodu Road, Lagos, destroying goods worth millions of naira. According to eyewitnesses, the fire broke out at Ladipo Market around 1 a.m., ravaging several shops and warehouses filled with mechanical tools, vehicle spare…
The ruling All Progressives Congress has assured that President Bola Tinubu will be present to chair today’s National Caucus meeting at the Presidential Villa in Abuja. This was disclosed by the National Secretary of the APC, Senator Ajibola Basiru. He said, “By the grace of God, the President will be there. He has already confirmed…
The Federal Government, through the Nigerian Electricity Regulatory Commission, has directed all electricity distribution companies to publish the refunds they have made to customers who purchased meters under the Meter Asset Providers scheme. The NERC announced this on its social media handles on Monday. On Monday, the commission held the first Nigerian Electricity Supply Industry…
Ugandan police said Monday they were investigating the death of Nigerian footballer Abubakar Lawal who fell from a shopping mall balcony in Kampala. The 29-year-old striker played for local premiership club Vipers. He fell from the third floor of Voicemall Shopping Arcade early on Monday, police said in a statement. He had been visiting a…
The Senate has commenced a two-day public hearing on proposed tax reform bills, bringing together key stakeholders from the nation’s economic and financial sectors. Among those in attendance are the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, the Group CEO…
The Acting Governor of Ondo State, Lucky Aiyedatiwa, has officially been sworn in as the state’s new governor. The ceremony took place at the Cocoa Conference Hall in the governor’s office in Akure, the state capital, and was presided over by the Chief Judge, Justice Olusegun Odusola. In his opening remarks, Aiyedatiwa expressed the weight…
The Peoples Democratic Party (PDP) has secured victory in all the chairmanship and councillorship positions across the 30 local government areas (LGAs) in Osun State. Hashim Abioye, Chairman of the Osun State Independent Electoral Commission (OSSIEC), made the announcement during a press conference on Saturday. Despite warnings from the police and the Attorney General of…
The National Assembly has secured President Bola Tinubu’s assent to Bills establishing two federal universities in Ekiti and Osun States, marking a major boost for education. The institutions are the Federal University of Technology and Environmental Sciences, Iyin Ekiti, and the Federal University of Agriculture and Development Studies, Iragbiji, Osun State. The announcement was made…
The naira strengthened to 1,494.03/$ at the official window on Thursday according to data from FMDQ Securities Exchange Limited. Similarly, it appreciated at the parallel market to 1,510.00/$, further reducing the spread between the markets to 15.5/$. The gap between the official foreign exchange and the parallel market rates is closing, following the various policies…
The Economic and Financial Crimes Commission (EFCC) has arraigned 20 foreigners over alleged cybercrimes and plots to destabilize the economy of Nigeria. The commission arraigned the foreigners on Thursday on separate two-count charges before Musa Kakaki, the presiding judge, at the federal high court in Lagos. The defendants include 15 Filipinos, one Indonesian, and four…
