Dr Abel Damina, a popular Nigerian pastor and founder of Abel Damina Ministries International has been knocked for his comment on the remedy to porn addiction.Damina gave his submission while speaking on Comfort FM’s Righteous Invasion of Truth (RIOT) programme in Uyo in late February. The clip of the sermon made the rounds on Thursday,…
The Nigerian Electricity Regulatory Commission (NERC) has set up the Nigerian Independent System Operator of Nigeria Limited (NISO) as it unbundles the Transmission Company of Nigeria (TCN).The transmission leg of the power sector has over the years been seen as weakest link with obsolete equipment. The unbundling announcement is contained in an Order dated April…
Lagos State’s Gross Domestic Product (GDP) has surged from N27 trillion to N41 trillion over the past four years according to Ope George, Commissioner for Economic Planning and Budget George highlighted that this achievement positions Lagos as the 7th largest economy in Africa based on GDP. He remarked, “Currently, we are ranked 7th in GDP…
The Minister of Steel Development, Alhaji Shuaib Abubakar on Thursday disclosed that the Federal Government paid the sum of $500 in order to terminate the concession agreement on Ajaokuta Steel Company. The minister, who disclosed this during an interactive session with the House of Representatives Committee on Steel Development in Abuja said the government was…
The Economic and Financial Crimes Commission and celebrity barman, Pascal Okechukwu, popularly known as Cubana Chief Priest, have decided on out-of-court settlement of the naira abuse charge against Cubana. The out-of-court settlement was disclosed when the proceedings resumed on Thursday.Cubana Chief Priest had appeared before Justice Kehinde Ogundare, facing three counts related to abusing the…
The Minister of Information and National Orientation, Alhaji Mohammed Idris, says, the four major media organisations under his ministry would soon begin holistic coverage of major sporting activities in the country. The media organisations, according to the Minister includes: News Agency of Nigeria (NAN), Voice of Nigeria (VON), Nigerian Television of Authority (NTA), and Federal…
The government of the African island nation of Sao Tome and Principe will ask Portugal to repair the moral damages caused by colonialism, the country’s education and cultural minister said on Thursday.Speaking to Portugal’s Lusa news agency, minister Isabel Abreu said the Sao Tome and Principe government would draw up, opens new tab a plan…
Operatives of the Lagos State Police Command, on Thursday, arrested over 50 suspects in connection to a clash between hoodlums at popular Ile-Epo foodstuff market in the Alimosho Local Government Area of the state. The fisticuffs started on Wednesday night and continued till Thursday morning as the warring thugs settled scores over an undisclosed matter….
The Nigeria Deposit Insurance Corporation (NDIC) has announced a significant increase in the maximum deposit insurance coverage levels for Deposit Money Banks (DMBs) and other financial institutions, effective immediately. During a press conference in Abuja on Thursday, NDIC Managing Director Bello Hassan disclosed, “For Deposit Money Banks, the increase of the maximum deposit insurance coverage…
Commercial banks in Nigeria have reported the closure of 2.021 million bank accounts in the first quarter of 2024 to streamline operations and adhere to regulatory directives, This move, aimed at cleansing their books of questionable accounts and ensuring compliance with regulatory orders, comes as part of efforts to link bank accounts with the National…
