A fire outbreak at the Egbin Power Plant in Ikorodu, Lagos state has led to power generation dropping by 630 megawatts (MW). The fire incident occurred at the company’s power plant on Wednesday February 2 at about 4.20 pm, leading to a blackout in Lagos state. The fire outbreak was successfully contained by a team of firefighters…
The Nigerian Communications Commission (NCC) has warned Nigerians about a newly discovered cyberattacks on Android devices in public places. The commission, through its Cyber Security Incident Response Team (CSIRT), identified vulnerabilities that hackers use in gaining unauthorised access into smartphones at public charging stations. The first is described as Juice Jacking, which can gain access into…
A former minister of Finance, Chu Okongwu is dead. He died at the age of 87 on Wednesday morning. Okongwu, an Economist by profession, was born on September 23, 1934, in Nnewi local government area of Anambra State. He studied Economic theory at Boston University. He completed the degree in 1961. He also attended Harvard…
The Nigeria Labour Congress (NLC) has started off mass mobilisation of civil society organisations (CSOs) ahead of its planned January 27 and February 1 nationwide protests against the proposed removal of petrol subsidy by the Federal Government. In a letter signed by NLC President Ayuba Wabba and General Secretary Emmanuel Ugboaja ahead of a meeting scheduled…
The Federal Airports Authority of Nigeria (FAAN) has arrested over 90 touts as part of its drive to rid the nation’s airports of touting and extortion. General Manager, Corporate Affairs, Mrs Henrietta Yakubu in a statement on Monday, January 10, disclosed that touts caught at both the Murtala Muhammed Airport, Lagos, and Nnamdi Azikiwe International Airport,…
Lagos State Governor, Babajide Sanwo-Olu, on Wednesday January 5, set up a four-man committee led by the Commissioner for Special Duties, Mr Tayo Bamgbose-Martins, an engineer, as a first step to the implementation of the report submitted by the Panel, which investigated the collapse of a 21-storey structure on Gerrard Road in Ikoyi. Other…
Billionaire businessman, Alhaji Aminu Dantata has said that the presidential system of government practised in Nigeria has failed the country. The businessman who hosted the Northern Elders Forum who paid him a condolence visit over the death of Sani Dangote, Othman Bashir Tofa, among other prominent Kano people who died recently, urged the elder statemen…
The World Bank has said Nigeria may have one of the highest inflation rates in the world in 2022. Following increasing prices diminishing the welfare of Nigerian households, the international finance institution projected that the West African country might have one of the highest inflation rates globally and the seventh highest among Sub-Saharan African countries in…
President Muhammadu Buhari has approved payment of salaries of health workers which were withheld when they embarked on a strike. This was disclosed on Thursday December 16 by Minister of labour and employment, Chris Ngige, after a meeting with the president at the state house in Abuja. Ngige said the President has directed the ministry…
Chairman of Global Fleet Group, Jimoh Ibrahim has lost an appeal challenging seizure of his 12 assets and freezing of all his accounts by the Asset Management Corporation of Nigeria (AMCON). Prior to the recent ruling, Justice Rilwan Aikawa of the Federal High Court, Lagos had issued an order authorizing AMCON to take over Ibrahim’s assets over an alleged N69.4billion…
