Electricity distribution companies in Nigeria (DisCos) are grappling with an estimated capital deficit of N2 trillion (about $2.5 billion) and require fresh investments to revive the industry struggling to adequately supply power to over 200 million citizens.

Lions Club’s Multiple District 404 Nigeria, a member of Lions International, on Tuesday, carried out free eye screenings and presentation of free eye glasses to journalist in Lagos.

Future Africa Leaders Foundation, FALF, yesterday, said it has spent $1,340,000 to support the African youths, providing sustainable solutions to their communities.

Chief of Staff, to President Bola Tinubu, Femi Gbajabiamila, has said that the 80-bed hospital he built in Lagos was due to complaints by his Surulere constituents that there was no efficient health facility in the area.

NIRSAL Microfinance Bank, has explained that the Central Bank of Nigeria (CBN)’s intervention facilities that it helped to facilitate were loans, and not grants, stressing that it must be repaid.

Justice Akintayo Aluko of the Federal High Court, in Lagos, has restrained Duport Midstream Company Limited from taking any step towards removing the directors of the Platform Capital Investment Partners.

Vice Chairman of Ondo State Peoples Democratic Party, PDP, Tola Alabere, has been appointed as acting Chairman of the party by the state Executive Committee, SEC, thereby deepening the leadership crisis in the party, ahead of the November governorship election.

Governor Ademola Adeleke of Osun State has restated the importance of support for traditional rulers to grow the state’s economy and ensure adequate security.

The Nigerian Navy has said the coming onboard of private maritime stakeholders  to protect critical onshore economic assets in the interest of the nation’s economy was a move it would support as long as they abide by standard operation procedures, SoPs.

Plateau State Governor, Caleb Manasseh Mutfwang, yesterday said the Court of Appeal was unfair to him in nullifying his election.