It has come to my notice that by a letter dated 26th of March 2024, the Chairman of Eko Electricity Distribution Company (EKEDC), Mr. Dere Otubu purportedly terminated the Contract of Employment of Dr. Tinuade Sanda, the MD/CEO of EKEDC, allegedly in compliance with Orders/Directives issued by the Nigerian Electricity …
Read More »Nigerian High Court Stops Omehia From Refunding N696Million Received As Pension, Other Benefits As ‘Former Rivers Governor’
Justice Kio emphasised that Omehia never sought recognition from the state government or the House of Assembly and thus cannot legitimately demand the funds paid to him erroneously. Justice Daketima Kio of the Rivers State High Court has declared that Mr Celestine Omehia cannot be held accountable for the payment …
Read More »CBN Gov Distances Self From Emefiele’s N100bn Fertilizer Handed Over To Agric Ministry
L-R Former CBN Governor, Godwin Emefiele, Minister, FMAFS Abubakar Kyari The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has distanced his administration from the N100bn worth of fertilizer reportedly released to the Federal Ministry of Agriculture and Food Security (FMAFS) on Tuesday. Cardoso, during the 294th meeting of CBN’s …
Read More »VeryDarkMan Detained By Nigeria Police Chiefs To ‘Teach Him A Lesson’ For Allegedly Accusing Them Of Having Same-Sex Relationships –Sowore
VeryDarkMan was arrested by the police over claims that they had received a series of petitions against his conduct online. #RevolutionNow convener, Omoyele Sowore on Tuesday said that the Nigeria Police Force had decided not to release a social media influencer, Martins Vincent Otse, popularly known as VeryDarkMan on bail …
Read More »Dr. Tinuade Sanda Not Sacked As EKEDC MD/CEO
Dr. Tinuade Sanda of Eko Electricity Distribution Company (EKEDC) has not been dismissed but has instead been redeployed along with all other management staff, in accordance with a directive from the Nigerian Electricity Regulatory Commission (NERC). This directive, aimed at addressing the ghost worker issue within EKEDC, has led …
Read More »FAAN MD, Kuku, Reveals Why Contractor Abandoned Lagos Airport Runway
Managing Director of the Federal Aviation Authority of Nigeria, Olubunmi Oluwaseun Kuku, The Managing Director of the Federal Aviation Authority of Nigeria, Olubunmi Oluwaseun Kuku, has revealed how contractors awarded runway 18-Right at the Murtala Muhammed Airport, Lagos abandoned the project leading to closure for 11 months. The MD who …
Read More »Higher Interest Rate Looms As CBN Raises MPR Further To 24.75%
Dr. Olayemi Cardoso The Central Bank of Nigeria has further raised the Monetary Policy Rate to 24.75 per cent, a decision influenced by the rising inflation in Africa’s biggest economy. The apex bank took the hawkish stance on Tuesday at the 294th Meeting of the Monetary Policy Committee in Abuja. …
Read More »Actors Guild Debunks Death Of Zack Orji
Actor Zack Orji The President of the Actor’s Guild of Nigeria (AGN), Emeka Rollas, has debunked the purported death of veteran Nollywood actor, Zack Orji, describing it as baseless social media fabrications. The rumour of Orji’s death spread across social media platforms on Tuesday morning, prompting concern among fans of …
Read More »Navigating Uncertainty: The Enduring Value of Out-of-Home (OOH) Advertising in Challenging Times
By: Philip Odiakose In an era marked by economic volatility and shifting consumer behaviors, businesses are grappling with tough decisions regarding their advertising budgets. As a Media Analyst, I have witnessed firsthand the cyclical nature of economic downturns and their impact on marketing strategies. Amidst the uncertainty, one form of advertising …
Read More »FEC Approves N50bn For Nigerian Youths, N60bn For SMEs
President Bola Tinubu presides over FEC meeting The Federal Executive Council (FEC) meeting presided over by President Bola Tinubu has approved the immediate release of N50bn aimed at empowering Nigerian youths and N60bn for small and medium enterprises (SMEs). Addressing journalists after the FEC meeting on Monday in Abuja, the …
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