APC Felicitates Muslims Faithful At  Eid el-Fitr

The All Progressives Congress (APC) felicitates Muslim compatriots, on the occasion of Eid el-fitr celebration. In a goodwill message on Tuesday by Felix Morka, Esq. National Publicity Secretary of the party, the APC noted that Eid-el-fitr is the breaking of the month-long fasting, marking the official end of Ramadan, which recalls the revealing of the Quran to Prophet Muhammad. “The sunrise-to-sunset fast leading to this celebration is usually characterised by repentance, supplications, piety, charity, spiritual...

New Electricity Tariff, Pro-poor Initiative By Tinubu’s Govt – Analyst

An analyst and a member of the Independent Media and Policy Initiative (IMPI), Dapo Okubanjo has stated that the new electricity tariff is a deliberate pro-poor initiative to increase liquidity in the sector by the government of President Bola Tinubu. Okubanjo in a press statement on Tuesday noted that when the National Electricity Regulatory Commission (NERC) announced what has been described as a hike in electricity tariff, there was bedlam in the land even before...

Ekiti: Gov Oyebanji Felicitates Muslims At Eid-el-Fitri

Ekiti State Governor, Biodun Oyebanji has felicitated Muslims in the state and the country in general on the celebration of Eid – El- Fitri. At the celebration which marks the completion of the Ramadan fast, the Governor urged Muslims to see Ramadan as a season of sacrifice and a time to seek the face of Allah rather. The Governor, in his goodwill message signed by his Special Adviser on Media, Mr. Olayinka Oyebode, said the...

Northern Youths Condemn Tinubu For Hike In Electricity Tariff

Northern Youth Council Of Nigeria has condemned President Bola Tinubu for hike in electricity tariff. The Group told the President to revert to the old tariff and also called on the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) to take action in the event that the President fails to heed to its demand . The group disclosed this on Sunday through a press statement signed by Comrade Isah Abubakar, its...

Groups Give FG 14-Day Ultimatum To Prosecute Violators Of Olatunji’s Rights

Media groups, associations, professional bodies and Civil Society Organisations (CSOs) have condemned the action of the military against Mr. Segun Olatunji, Editor of FirstNews newspapers, giving the Federal Government a 14 day ultimatum to investigate and prosecute those involved in the violation of the journalist’s rights. A press statement on Sunday jointly signed by Mal. Kabiru A. Yusuf, President, Newspapers Proprietors Association of Nigeria (NPAN) / President, Nigerian Press Organisations (NPO) and Dr. Yemisi Bamgbose,...

FG Recommends Segilola Model To Mining Companies

In a bid to improve the development of the solid minerals sector in the country, the Minister of Solid Minerals Development, Dr. Dele Alake has advised mining companies to emulate the international best practices of the Segilola gold project to develop the sector. Alake expressed the commitment of the federal government to support mining companies that place a premium on local content in their operations. Speaking during a site tour of the Segilola Resources Operating...

NERC Slams Abuja Electricity N200m Fine Over Misapplication Of New Tariff

The Nigerian Electricity Regulatory Commission (NERC) has slammed Abuja Electricity Distribution Plc (AEDC) with a fine of N200 million for failing to adhere to its tariff guidelines, thereby creating a stir among consumers and industry stakeholders alike. According to reports, the fine came in the wake of the Supplementary Order to the Multi-Year Tariff Order for 2024, issued on April 3, 2024, which AEDC has been found in violation of. A detailed correspondence released by...

Wema Bank Grows Profit Before Tax By 196% In Year 2023

The Wema Bank Plc has grown its profit before tax by 196 percent as it announces a full year 2023 audited financial statement. According to reports made available to journalists, the bank recorded Profit before tax growth of 196% from ₦14.75bn to ₦43.59 billion. Proposed dividend per share of 50kobo; up from 30kobo in 2022. Deposit growth of 60% to ₦1,860.57bn from ₦1,165.93bn reported in FY 2022. Return on Equity (ROAE) of 39.28%, NPL of...

Tinubu Signs Amended Student Loan Bill Into Law

President Bola Tinubu has signed into law the Student Loans Access to Higher Education Bill, following some amendments to it. The Presidential assent according to the report is sequel to separate considerations by both the Senate and the House of Representatives of the report of the Committee on Tertiary Institutions and Tertiary Education Trust Fund (TETFund). Recall that the Student Loans (Access to Higher Education) Act (Repeal and Re-Enactment) Bill, 2024, generated some controversies regarding...

Insecurity: Gov Ododo Inaugurates Metro Quick Response Squad

Governor Ahmed Usman Ododo of Kogi State  on Wednesday launched a Security outfit code named” Metropolitan Quick Response Squad” in a bid to tackle crime across the major cities in Kogi State. According to the Governor,  the initiative is in partnership with the Rapid Response Squad of the Nigeria Police and the joint task force of Security Agencies in the state. At the flag off of the initiative at the government house in Lokoja, Ododo...

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