FG installs speed cameras on Third Mainland Bridge, announces 80km/h maximum speed and monitor other motorist activities

The Federal Government has fixed the maximum speed limit for vehicles using the Third Mainland bridge at 80 kilometres per hour. Minister of Works, David Umahi, announced the speed limit during the official opening of the bridge in Thursday. He spoke through the Federal Controller of Works Lagos, Olukorede Kesha. The minister also urged the…

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NMHP-USA Set To Launch Nigeria-American Iinstitute

In order to train experts, sensitise people, and help in developing mental health care in the country, the Nigeria Mental Health Practitioners (NMHP)-USA Incorporated, has concluded plans to launch the Nigeria-American Institute for Mental Health in Enugu. Addressing the press in Umuahia on Wednesday, the President of the group, Dr Azubuike Aliche, said: “We decided…

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FG faces backlash from Labour, businesses over electricity tariff hike

The recent decision by the Federal Government to implement a staggering 240 percent hike in electricity tariffs for consumers enjoying a 20-hour power supply has sparked widespread condemnation from manufacturers and organised labour. The move, announced by the Nigerian Electricity Regulatory Commission (NERC) in Abuja, has drawn sharp criticism from industry stakeholders and labor unions…

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Transcorp achieved substantial growth by 93.5%

Transnational Corporation Plc, Nigeria’s leading listed conglomerate, has achieved substantial growth in its financial indicators, reinforcing its market leadership and strategic positioning. Transcorp announced this in its financial results for the year ended December 31, 2023. The Group in its audited results reported significant year-on-year growth, with revenue rising to N197 billion in the year…

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