Daily Record

National grid collapses again — third time in 2024

The national electricity grid has experienced another system collapse, leading to a nationwide blackout. Electricity distribution companies (DisCos) confirmed the system collapse in separate statements on Monday. In a statement on Monday, Friday Adakole Elijah, head of corporate affairs, Jos Electricity Distribution Company (DisCo), said the current outage being experienced within …

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Food Prices Drop As Dollar Exchanges Between N1,260 To N1,135/$

The rebound in naira exchange rates against the dollar and other global currencies is gradually leading to the drop in some commodities prices in the domestic market, analysts at Financial Derivatives Company Limited, have said. In an email report to investors released at the weekend, Managing Director, Financial Derivatives Company …

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How Bestman Anekwe‘s NIPCO allegedly bribed Godwin Emefiele millions of dollars over illegal deals

NIPCO PLC, an oil and gas company led by billionaire, Chief Bestman Anekwe is currently entangled in a multi-million-dollar bribery scandal with the disgraced former governor of the Central Bank of Nigeria, Godwin Emefiele, thewitnessng.com is reporting. Dr. Anekwe is a former national president of the Independent Petroleum Marketers Association of Nigeria …

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JUST IN: Court Imprisons Bobrisky Without Option Of Fine

A Federal High Court in Lagos on Friday jailed controversial cross-dresser and social media celebrity, Idris Okuneye, popularly known as Bobrisky to six months in prison.   It had been reported that Justice Abimbola Awogboro reserved the date for his judgment after Bobrisky pleaded guilty to a four-count charge of …

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Gunmen kidnap Channels TV reporter in Rivers, demand N30m

Gunmen Gunmen kidnapped a journalist and reporter with Channels Television, Mr Joshua Rogers, at his residence in Rumuosi in Obio/Akpor Local Government Area of Rivers State on Thursday night. Rogers, who covers the Rivers State Government House for his organisation, was reportedly trailed after he closed from work to his …

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Adesola Adeduntan’s led FirstBank: 130 years of enabling success

In a country with short-lived corporate excellence and a handful of centenary companies, hitting 130 years is undoubtedly a significant milestone for Nigeria’s premier financial institution, FirstBank. Experience, they say, comes with age. Nothing else aptly defines the consistent growth of First Bank of Nigeria Limited (FirstBank) and its consistent reinvention …

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