FESTAC Power Outage: EKEDP blames cable vandalism, transmission upgrades
By Uzoma Marvellous The prolonged power outage affecting FESTAC Town, Amuwo Odofin and neighbouring communities is the result of ongoing transmission upgrades and persistent vandalism of underground electricity cables, Eko Electricity Distribution Plc (EKEDP) has said. In a statement yesterday, the General Manager, Corporate Communications, EKEDP, Abiola Aloba, said the supply disruption was caused mainly […]
First Lady empowers 1000 petty traders in Ile-Ife with N50m
Represented by Alhaja Kudirat Fakokunde, the All Progressives Congress(APC) Women Leader in Osun, the First Lady urged the beneficiaries to invest the grant wisely.
Celebrity Bout: Portable, Charles Okocha trade words at boxing face-off
The celebrity boxing showdown has continued to generate excitement online, with supporters of both contestants expressing confidence ahead of the fight night.
Nigeria’s export under threat over US 12.5% tariff, SEREC warns
By Providence Ayanfeoluwa The Sea Empowerment & Research Center, SEREC, has warned that the United States’ decision to impose a 12.5 per cent tariff on Nigerian exports could undermine the country’s non-oil export drive, weaken foreign exchange earnings and further expose the fragility of the nation’s economy if urgent countermeasures are not adopted. In a policy […]
Abia Govt fixes N200m for presidential campaign billboard permit
Nwaogwugwu said that the permit rates schedule applied to all political party candidates at all levels in Abia and had its basis in ABSSAA and other Abia Laws regulating signage and advertising.
Globus Bank Receives Inaugural Fitch Ratings
LAGOS, NIGERIA — Globus Bank Limited, a national commercial bank in Nigeria, has been assigned its inaugural credit ratings by Fitch Ratings, one of the world’s foremost global credit rating agencies. The Bank has been assigned a Long-Term Issuer Default Rating (IDR) of ‘B-‘ with a Stable Outlook, a Viability Rating (VR) of ‘b-‘, and […]
