Oyo Sets Up Panels to Probe Fulani Bororo/Farmers Clashes

By Adedapo Adesanya The Minister of Power, Mr Adebayo Adelabu, has revealed that a fire outbreak at the Kainji/Jebba line caused the national grid collapse that has resulted in the general power outage experienced all over the country. In a statement shared on X, formerly known as Twitter, he said the outbreak has been taken care of and called for calm as the issue is resolved. He wrote, “At 00:35Hrs this morning, a fire outbreak with an explosion sound was observed on Kainji/Jebba 330kV line 2 (Cct K2J) blue phase CVT & Blue phase line Isolator of Kainji/Jebba 330kV line1

By Modupe Gbadeyanka A socio-political group known as Save Enugu Group has congratulated Governor Peter Mbah of Enugu State on his recent Supreme Court victory. The organisation described the victory as well-deserved, urging politicians in the state to join forces with the governor to move the state forward. Last Friday, the country’s apex court dismissed an appeal filed by the candidate of the All Progressives Congress (APC) in the governorship election in the state, Mr Uche Nnaji. The opposition party challenged the victory of Mr Mbah of the Peoples Democratic Party (PDP) in the March 18, 2023, gubernatorial poll, asking

By Modupe Gbadeyanka The 12-year-old boy with missing intestines, Adebola Akin-Bright, who has been receiving treatment at the Lagos State University Teaching Hospital (LASUTH), Ikeja, has died. Adebola died on Tuesday evening, according to reports. He was to be flown abroad for an intestine transplant to get him back to normal before he breathed his last today. Adebola had surgery at a private hospital in the Alimosho area of the state known as Obitoks Medical Centre, but it was later discovered that his intestines were missing. The Lagos State House of Assembly had on Tuesday asked Governor Babajide Sanwo-Olu to

By Precious Olisa The Zamfara State Election Petition Tribunal sitting in Sokoto State has upheld the election of Mr Dauda Lawal as the governor of the state. Mr Lawal emerged victorious in the election after contesting to govern the state on March 18, 2023, under the platform of the Peoples Democratic Party (PDP). He defeated the immediate past Governor of the state and current Minister of State for Defence, Mr Bello Matawalle, with an impressive margin of 65,750 votes. The returning officer for the poll had announced that Mr Matawalle, the candidate of the All-Progressives Congress (APC), secured a total

By Aduragbemi Omiyale The Group Managing Director of Chams HoldCo Plc, Mrs Mayowa Olaniyan, has said the company would sustain efforts to improve profits to deliver value to shareholders. She said this on Thursday at the organisation’s Facts Behind the Figures (FBF) at the Nigerian Exchange (NGX) Limited in Lagos. Whilst describing the firm’s half-year results as impressive and improved, she said that the company plans to finish the financial year on a strong note with three-digit year-on-year growth from expanded business activities and emerging opportunities within the group. On the company’s outlook, Mrs Olaniyan revealed that Chams HoldCo aims

By Modupe Gbadeyanka On Tuesday, November 22, 2022, President Muhammadu Buhari said Nigeria attracted a $3 billion investment in fossil energy at a time when the oil and gas sector was becoming less attractive. He said this was achieved by his administration as a result of the policies put in place to make the industry attractive to investors, especially with the signing of the Petroleum Industry Act (PIA) into law. “It is, therefore, to the credit of this administration that at a time when there is near zero appetite for investment in fossil energy, coupled with the location challenges, we

By Adedapo Adesanya Investors suffered a marginal loss of 0.01 per cent at the 24th trading week of 2021 on the floor of the NASD Over-the-Counter (OTC) Securities Exchange. This reduced the NASD Unlisted Security Index (NSI) by 0.07 points to close the week at 746.12 points in contrast to 746.19 points of the previous week. Also, the market capitalisation of the unlisted securities ecosystem went down by N0.05 billion to N530.35 billion from N530.4 billion it closed in the preceding week. The decline witnessed in the four-day trading week was buoyed by two equities; Nigerian Exchange (NGX) Group Plc

By Ahmed Rahma Nigerians may begin to heave a sigh of relief as the Airtel Nigeria has commenced the enrolment of its subscribers for the National Identification Number (NIN). Since the federal government announced that mobile phone owners who failed to link their SIM cards with their NINs would be disconnected, things have not been easy for Nigerians who do not have NIN. At the various offices of the National Identity Management Commission (NIMC) across the country, the huge crowd has caused many to worry, especially because of the risk of being exposed to COVID-19. But many of them have

By Adedapo Adesanya The Department of Petroleum Resources (DPR) has raised eyebrows over the operations of some marketers of petroleum products in the state who sell a large quantity of Premium Motor Spirit (PMS) in jerry cans. This was disclosed by the Controller, DPR Niger State, Mr Isah Jankara on Tuesday in Minna during an interview with the News Agency of Nigeria (NAN). He said, “The report reaching us reveals that some marketers of petroleum products in the state are selling a large quantity of PMS in jerry cans. “It is not permitted by law to sell such product in

By Kestér Kenn Klomegâh During Africa Day, celebrated annually on May 25th, Russia’s Deputy Foreign Minister Mikhail Bogdanov reiterated that Moscow’s decision to return to Africa is strategic due to the geopolitical changes, and its return has become a popular post-Soviet slogan in Russia’s establishment. The second Russia-Africa summit in St. Petersburg, due in July, is a strategic decision by Moscow concerning its long-term goal of regaining presence on the continent, Russia’s Deputy Foreign Minister Mikhail Bogdanov told the local Russian media TASS. “This is not a one-time event. It is a strategic decision. It is our long-term policy and

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange, after four straight weeks of upward movement, landed in the negative territory in Week 28 of 2023, after it lost 0.75 per cent on a week-on-week basis. This depleted the market capitalisation of the NASD OTC exchange by N4 billion in the week to N1.070 trillion from the N1.074 trillion it closed in the preceding week (Week 27). In the same vein, the NASD Unlisted Securities Index (NSI) went down at the close of the trading week by 5.81 points to settle at 770.89 points compared with the 776.70 points recorded

By Dipo Olowookere Assr Al Jawal has been appointed as the TP-Link Technologies distributor for the Neffos smartphone portfolio in the United Arab Emirates (UAE). TP-Link is a global provider of SOHO, SMB networking products, wireless LAN solutions and mobile devices. According to the vendor, which manufactures a broad range of products to the consumer, SOHO and SMB markets, including Wireless Solutions, ADSL, Routers, Switches, IP Cameras, Powerline Adapters, Print Servers, Media Converters, Network Adapters and Smartphones, the appointment of Assr Al Jawal as its distribution partner paves the way for the company to further develop its business with independent