Daily Archives: April 11, 2025

NERC Slaps ₦628 Million Fine on Eight DisCos for Overbilling Unmetered Customers

The Nigerian Electricity Regulatory Commission (NERC) has imposed a total fine of ₦628.03 million on eight electricity distribution companies for failing to comply with the approved limits on estimated billing for unmetered customers. The companies penalized include Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola Electricity Distribution Companies. This regulatory action, announced on Thursday,…

Mob Kills Man Over Alleged Dog Theft in Bauchi

The Bauchi State Police Command has launched a full investigation into a case of mob violence that left one man dead and another critically injured in the Lushi area of the state. The incident occurred on the night of April 9, when a group of youths reportedly attacked two men—one identified only as Peter, and…

Prada to Acquire Versace in €1.25 Billion Deal

Prada has announced a major agreement to acquire rival Italian fashion house Versace from Capri Holdings in a deal valued at $1.375 billion, including assumed debt. The acquisition, confirmed on Thursday, April 10, marks a significant consolidation in Italy’s luxury fashion landscape and strengthens Prada’s position in a market traditionally dominated by French giants. The…

NBC Prohibits Media from Airing Eedris Abdulkareem’s New Track “Seyi Tell Your Papa”

The National Broadcasting Commission (NBC) has barred media outlets from airing Nigerian rapper Eedris Abdulkareem’s latest track, Tell Your Papa, a politically charged song that takes aim at the current administration. In the track, Abdulkareem directly addresses Seyi Tinubu, son of President Bola Tinubu, urging him to confront his father over the country’s deteriorating condition.…