Power generation and distribution companies owe Nigerian banks N836.09bn amid the lingering problems plaguing the sector since it was privatised over eight years ago. This is according to the Central Bank of Nigeria’s June 2022 data obtained by The Punch. While power generation firms and independent power producers owed banks N562.19bn, power transmission and distribution firms…
Michael Morgan exposed David Hundeyin as co-hirelings of Obi’s serial defamation campaign & cyberbullying of dissenting voices. Michael Morgan failed in his bid to cajole me into promoting their candidate/campaign & in bitterness exposed the fact that he was working along with the campaign’s serial defamer, who he never mentioned in his invitation yet claimed…
International carrier, Emirates Airlines, has announced decision to suspend all flights from Nigeria, effective from 1st September, 2022. In an official statement issued Thursday, the airline stated that, “Emirates has tried every avenue to address our ongoing challenges in repatriating funds from Nigeria, and we have made considerable efforts to initiate dialogue with the relevant authorities…
By Luminous Jannamike, Abuja A group of Chinese hackers has attacked several government agencies and defense companies in Russia, a cybersecurity company, Kaspersky Laboratory, has said. The Chinese hacker group, identified as TA428, was alleged to be behind the recent numerous cyber espionage attacks on the military-industrial complex of the Russian Federation. Experts said the attacks which…
@LagosPoliceNG Commissioner of Police, CP Abiodun Alabi, fdc only affirmed that entry and exit points are being closely monitored by security agencies to forestall any security breach in the state. He gave this assurance while answering a question bothering on Police stop-and-search in some parts of Lagos State. NO PART OF LAGOS IS ON LOCKDOWN, PARTIAL…
The President of Niger Republic, Mohamed Bazoum has denied receiving N1.15 billion vehicle gift from President Muhammadu Buhari’s administration. Nigerien President’s claim contradicted Minister of Finance, Zainab Ahmed’s statement concerning the alleged gift to Niger Republic. Recall, that the federal government had on Wednesday August 3, 2022, confirmed that President Muhammadu Buhari’s regime disbursed N1.4 billion…
Simon Lalong of Plateau State has once again apologised to the Catholic Bishops over his recent comment on the Holy Father, Pope Francis. LaLong gave the apology at the opening mass for the 2022 General Assembly of the Catholic Archdiocese of Jos on Tuesday in Jos. Recall that the governor had recently said the Pope…
President Muhammadu Buhari has given assent to some major bills that have lingered for a while. The bills are as follows: Electoral Act (Amendment) Bill, 2022; Money Laundering (Prevention and Prohibition) Bill, 2022, repealing the Money Laundering (Prohibition) Act, 2011 as amended; Terrorism (Prevention and Prohibition) Bill, 2022, which repeals the Terrorism (Prevention) Act, 2011…
Yobe State Governor, Mai Mala Buni has urged Nigerians to avoid politics of hate and promotion of religious and ethnic sentiments that are gradually eating deep into the fabric of the nationhood, warning that no election or interest of any individual is worth sending Nigeria to war. Buni who was the Chairman and Guest of…
The Labour Party, LP, presidential candidate, Peter Obi, has been mocked over his meeting with some chieftains of the Peoples Democratic Party, PDP. Obi had met with Governor Nyesom Wike of Rivers State, Governor Samuel Ortom of Benue State, Governor of Abia State, Okezie Ikpeazu; former Attorney General of the Federation and Minister of Justice, and…