News

The Transmission Company of Nigeria (TCN) says it lost two transformers valued at $4 million to a fire outbreak in Birnin Kebbi, the Kebbi State capital. It was gathered that one 90MVA (330KV/132KV) and 60MVA (132KV/33KV) transformers were gutted by fire during the incident which occurred on Thursday night. Addressing newsmen in Birnin Kebbi after inspecting the damaged facilities on …

Three Nigerian boxers have booked their spots at the 2024 Paris Olympic Games after winning their bouts in the final of the Africa Olympic Boxing qualifiers in Dakar, Senegal on Friday. Nine boxers travelled to Dakar to represent Nigeria at the qualifiers, eight advanced to the quarter-finals, and six made it to the semi-final of the competition while three qualified …

President Bola Tinubu will hold bilateral meetings with the United States President, Joe Biden, his European Commission counterpart, Ursula von der Leyen, and other world leaders at the 78th United Nations General Assembly (UNGA) in New York. The Special Adviser on Media and Publicity to the President, Ajuri Ngelale, disclosed this in a statement on Friday in Abuja. President Tinubu …

President Bola Tinubu will swear in the new ministers on Monday in Abuja. The Director of Information in the Office of the Secretary to the Government of the Federation (SGF), William Bassey, who disclosed this in a statement on Wednesday night in Abuja, said the ceremony would take place in the conference room of the State House, Abuja, at 10:00 …

President Bola Tinubu on Wednesday assured investors of a sustainable and friendly environment for growth in the country. The president, according to a statement issued by his Special Adviser on Media and Publicity, Ajuri Ngelale, gave the assurance when the Managing Director of Energy and Natural Resources in Europe, Africa, and the Middle East for Standard Chartered Bank, Mr. Ade …

The Abia State Governor, Alex Otti, on Tuesday, presented the 2024 budget estimate of N567.2 billion to the state House of Assembly for approval. In his address at the forum, the governor said the appropriation bill, christened: “Budget of New Beginning,” was over N400 billion higher than the 2023 budget estimate of N160.5 billion. He said 84 percent of the …

The Development Bank of Nigeria (DBN) has again emerged as the highest-ranked public institution in Nigeria in the 2023 Transparency and Integrity Index (TII). The TII index recently released by the Center for Fiscal Transparency and Integrity Watch is a collaboration between the Centre for Fiscal Transparency and Integrity Watch (CeFTIW) and the Bureau for Public Sector Reform, with support …

Manchester United have crashed out of the Champions League after falling to a 1-0 defeat to Bayern Munich in their final group A game. United needed to beat the Bundesliga champions and hope that there was no winner in the other group game between Copenhagen and Galatasaray. But Bayern, who were already qualified for the round of 16, sealed their …

The federal government has reassured the United Nations Human Settlements Programme (UN-Habitat) of its continued partnership, saying that the previous collaboration yielded the desired results.The Minister of Housing and Urban Development, Architect Ahmed Musa Dangiwa, who spoke on Friday in Abuja when he received a delegation of officials of UN-Habitat, also assured of the Federal Government’s readiness to deepen its partnership with the …

The Minister of Aviation and Aerospace Development, Festus Keyamo, said on Tuesday airlines would start paying compensation to passengers for delayed or cancelled flights from January next year. The minister stated this when he appeared before the Joint National Assembly Committee on Aviation to defend the ministry’s 2024 budget proposal. He said a comprehensive list of airlines responsible for delayed …