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Electricity Grid Despite the persistent epileptic power supply nationwide, revenue generation by electricity distribution companies in Nigeria surged to N1.1trn within the 12 months of 2023, a new report has revealed. The figure represents an increase of N234.4bn or 28.2 per cent from the N831bn generated by the power firms …

  The Federal Government, on Monday, announced that the new price of natural gas for power generation companies is now $2.42 per metric million British thermal unit, higher than the previous rate of $2.18mmbtu. Nigeria generates over 70 per cent of its electricity from thermal power plants that are fired by gas. …

Borno Governor, Babagana Zulum. The Borno State Commissioner of Information and Internal Security, Professor Usman Tar, has confirmed that the government is investigating claims of some non-governmental organizations’ involvement in the fire incidents involving the Internally Displaced Persons(IDPs) Camp in the state. Tar in a statement on Sunday, stated that …

Barely a week after the national grid collapsed, the Transmission Company of Nigeria (TCN) has raised the alarm over a planned attack on its facilities in the Federal Capital Territory. The TCN spokesperson, Ndidi Mbah, in a statement, said there were alerts of planned attacks on the power installations in …

  Ondo State House of Assembly The Speaker of Ondo Assembly, Olamide Oladiji, has called on law enforcement agencies to investigate the attack on a vehicle belonging to the lawmaker representing Okitipupa Constituency I in the House, Mr Chris Ayebusiwa, in Akure, the state capital, to bring perpetrators to book …

According to letters from Steel Attorneys obtained, the governor and the party have owed its lawyers N40 million for the election cases handled for him for over 15 months. The Gombe State Governor, Inuwa Yahaya and his party, the All Progressives Congress, have been accused of owing their attorneys who …

L-R: Former military Heads of State, Ibrahim Babangida and late Sani Abacha Bayo Onanuga, the Special Adviser to President Bola Tinubu on Information and Strategy, has revealed how his efforts and those of some other journalists were instrumental to ending the military regimes of former dictators – Ibrahim Babangida and …

Indian professionals during the prayer session for PM Narendra Modi in Lagos, Nigeria Some Indian professionals in Lagos, on Saturday, held traditional prayers for the success of Prime Minister Narendra Modi in the country’s forthcoming election. The prayer session was organised by the Overseas Friends of Bharatiya Janata Party (OFBJP), …

Minister of Agriculture and Food Security, Sen. Abubakar Kyari, CON (left) and Managing Director of Olam Agri in Nigeria, Anil Nair in a handshake during the tour of Olam Agri in Nigeria Integrated Rice Farm and mill in Nasarawa state, on Thursday, March 28, 2024. The Federal Government has praised …

Foreign airlines Foreign airlines operating in Nigeria have begun to unblock their low-priced fares on Nigerian routes as the Central Bank of Nigeria completes the payment of about $7bn backlog, which includes over $700m unremitted ticket revenue. The CBN had about two weeks ago announced the completion of payment of …