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NEWS

Inspector sentenced to death for killing phone dealer

The Delta State High Court sitting at Asaba on Tuesday sentenced Inspector Ubi Ebri of the Nigeria Police Force to death on a murder charge. The court presided over by Justice C. D. Diai convicted and sentenced the Inspector to death for killing a phone dealer, Mr Onyeka Ibeh, in Asaba. Ibeh, a popular phone dealer in Asaba, along with his wife was driving from Ugbolu to Asaba on April […]

todayJune 13, 2024 5

NEWS

WAEC appeals for strike exemption

The Head of the Nigeria National Office West African Examinations Council, Dr Amos Dangut has appealed for an exemption from the strike embarked upon by the organised labour to enable the council to conduct the ongoing West African Senior School Certificate Examination without disruptions. The ongoing WASSCE commenced on April 30 and will end on June 24, 2024. The organised labour had declared a nationwide strike, which began on Monday, […]

todayJune 3, 2024 7

BUSINESS

Elon Musk’s AI startup raises $6bn for market expansion

Elon Musk’s artificial intelligence startup xAI has raised $6bn in a Series B funding round backed by investors including Valor Equity Partners, Andreessen Horowitz and Sequoia Capital, among others. In a statement posted on its website on Sunday, the startup announced that the funds from this round would be used to bring xAI’s first products to market, build advanced infrastructure, and accelerate the research and development of future technologies. “xAI […]

todayMay 27, 2024 6

BUSINESS

International consumers owe Nigeria $51m for electricity — FG

International consumers failed to remit about $51.26m to Nigeria for electricity exported from Nigeria to the power users in 2023, the Federal Government revealed in the latest industry data showing the non-remittances by the consumers. Also, another group of customers categorised as bilateral power consumers did not remit about N7.61bn to the Nigerian power sector in 2023. The Nigerian Electricity Regulatory Commission condemned the development, describing it as a payment […]

todayMay 27, 2024 6

BUSINESS

Ex-senator calls for establishment of food intelligence agency

A former Senator, who represented Ebonyi Central Senatorial Zone, Emmanuel Onwe has called for the establishment of the proposed Food Intelligence Agency to support the recent Federal Government declaration of emergency in food production and security. Onwe made the call on Sunday in Enugu while briefing journalists on his Open Letter to President Bola Tinubu, titled, “Declaration of a State of Emergency on Food Security and ‘Commodification of the Naira […]

todayMay 20, 2024 8

BUSINESS

Nigeria eyes 10,000MW hydropower for sustainable electricity

While acknowledging the immense potential for hydropower development in Africa, he said it is important to also consider responsible development. He said, “We must address environmental concerns around dam construction and ecosystem disruption, alongside social impacts on local communities. This requires a commitment to sustainability, stakeholder engagement, and innovative solutions to financing these large-scale projects.” The minister previously stated that for several decades, hydropower has played a significant role in […]

todayMay 16, 2024 5

NEWS

FG plans performance-based salary scheme for workers

A new wage system based on employee’s productivity in the civil service is underway, the Federal Government said on Monday. The government said with the system, workers on the same level could earn different salaries. The government said the formulation of an innovative wage system was being considered because it realised that productivity was a key factor in the growth of the country’s economy. The Director-General of the National Productivity […]

todayMay 14, 2024 12

BUSINESS

FG woos global investors for 17 oil blocks

The Federal Government, on Tuesday, offered 12 oil blocks and five deep offshore assets for sale as it marketed the assets to global oil sector investors at the ongoing 2024 Offshore Technology Conference in Houston, United States. Speaking at the African Oil Industry Opportunities Session, a side event at the 2024 Offshore Technology Conference, the Chief Executive, Nigerian Upstream Regulatory Commission, Gbenga Komolafe, told investors at the gathering that Nigeria […]

todayMay 8, 2024 8 2

NEWS

Man in custody for allegedly stealing phones in Ekiti churches

Luck has run out of a man, Babatunde Olaoluwa, who allegedly had been pretending as a worshipper only to dispossess people in churches of their phones in the Oye Ekiti and Ayegbaju areas of the state. The Commissioner of Police, Ekiti State Command, Mr Adeniran Akinwale, said the suspect was arrested on Saturday evening after allegedly making away with seven phones belonging to different worshippers at Christ Apostolic Church, Ayegbaju […]

todayMay 6, 2024 6

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