News

A Transmission Company of Nigeria power substation in Maryland, Lagos State, was completely destroyed by fire on Saturday night. The Lagos State Fire and Rescue Service said in a late-night announcement that the fire had been extinguished. No lives were lost in the fire event, according to a statement made by Margaret Adeseye, Director of the Lagos State Fire and …

The stocks to watch list this week consists of Fidelity Bank, Dangote Sugar and Associated Bus Company (ABC), after the capital market reacted negatively to their operational decisions. Ripples Nigeria stocks watchlist is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken …

In recent years, Nigeria has witnessed a mass exodus of its people. For instance, in the first quarter of 2023, the number of Nigerians moving to Canada surged to the highest figures in nine years. A 2021 Africa Polling Institute survey reveals that seven out of every 10 Nigerians will choose to leave the country if given the opportunity. Indeed, …

The Lagos State Governor, Babajide Sanwo-Olu, has approved a N35,000 wage award for public servants in the state. The state’s Head of Service, Bode Agoro, who confirmed this in a circular with reference number CIR/HOS/’23/Vol. 1/ 109, said the governor also approved the payment of 50 percent of basic salary as an end-of-year bonus for all political appointees and public …

President Bola Tinubu said on Monday his government has taken steps to improve foreign exchange liquidity in the country. The president, according to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, stated this at the 29th Nigerian Economic Summit (NES) held in Abuja. He expressed that the government would achieve the planned $3 trillion national …

The Gombe State Governor, Inuwa Yahaya, has appointed an additional six district and 12 village heads in the state. The Secretary to the State Government, Prof. Ibrahim Njodi, who confirmed the appointment in a statement issued on Friday in Gombe by the Director-General Press Affairs in the Governor’s Office, Ismaila Misilli, said nine village chiefs and one district head were …

The former National Chairman of the All Progressives Congress (APC), Abdullahi Adamu, said he had retired from active politics on Saturday. The former chairman stated this at the launch of a book titled: “Progressive Governance, Showcasing The Achievements of His Excellency, Governor Abdullahi Sule of Nasarawa State 2019 – 2023,” by Abdullahi Tanimu. He commended the author for recognising the …

An emergency meeting of the Board of Trustees (BOT) and National Executive Commiiee of Pan Niger Delta Forum (PANDEF) held in Abuja, on Friday, 18th August 2023. The meeting was chaired by the National Leader, Chief Dr. E. K. Clark, OFR, CON, and in attendance were the National Chairman, Senator Emmanuel Ibok Essien, FNSE, Members of the Board of Trustees, …

Acting Executive Secretary, NUC, Chris Maiyaki The National Universities Commission, NUC, has ordered an audit of academic and non-academic staff members of federal universities in the country. A letter signed by the acting Executive Secretary of the commission, Chris Maiyaki, dated September 14, 2023 and addressed to all Vice-Chancellors, noted that the order followed a permission granted by the Minister …

Two separate buildings collapsed beside each other in the Kosofe area of Lagos State on Sunday. However, one person was injured in the incident. The Permanent Secretary of the Lagos State Emergency Management Agency (LASEMA), Dr. Olufemi Oke-Osanyintolu, who confirmed the incident in a statement, said the buildings were located at No. 47-49 Oduntan Street, Kosofe, Lagos. He said: “Upon …