The Bureau of Public Enterprises (BPE) says the federal government has secured a $500m World Bank loan to boost electricity distribution in the country. The Bureau of Public Enterprise (BPE) announced the World Bank loan in a statement on Thursday, signed by Amina Othman, its head of public communications. In February 2021, the World Bank…
US President Joe Biden has said it was “reckless” for his predecessor, Donald Trump, to call his trial rigged, a day after the historic conviction. In his first public remarks about the guilty verdict for Trump on 34 counts of falsifying business records, Mr Biden defended the US justice system. “The American principle that no-one…
The mother of former US First Lady Michelle Obama has died In a statement, her family said that Marian Robinson had died “peacefully” on Friday morning at age 86 Robinson was a well-known fixture at the White House during the eight years of Barack Obama’s administration between 2009-17. She spent much of that time taking…
Organised Labour has declared an indefinite nationwide strike from Monday, June 3rd for the failure of the federal government to conclude negotiations on a new national minimum wage and reverse the hike in the electricity tariff even as the Organised Private Sector, OPS, has condemned Labour’s decision. In an eight-point resolutions by the Presidents of…
Another circular from the Head of Service Bode Agoro on Friday observed that the move had boost productivity in the state government and governance. The Head of Service said Governor Olusola Sanwo-Olu had subsequently directed that the initiative be extended for another three months, from June 3 to September 3, 2024. The circular, titled, Extension…
A Lagos woman Adeyinka Bilikis Gbadamosi has been sentenced to six months imprisonment after she pleaded guilty to a one-count charge bordering on currency racketeering levelled against her by the Economic and Financial Crimes Commission, EFCC. Gbadamosi who was arrested on April 27, 2024, while hawking Naira notes at 10 Degree Event Centre, Billings Way,…
Donald Trump has been found guilty of falsifying business records, a felony that could result in prison time. He will be sentenced on July 11. The charges carry a maximum prison sentence of four years, but legal experts consider prison unlikely given Trump’s lack of a criminal record. The former US president had pleaded not…
The Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, confirmed that eight people have so far been rescued by the LASEMA team. A multi-storey building has collapsed on Iga Iduganran street, in the Lagos Island area of Lagos State, trapping many people underneath the rubble. The incident occurred on Thursday close to the Oba…
The Nigerian National Petroleum Company (NNPC) Limited has signed settlement agreement deal with ExxonMobil Nigeria, on the proposed divestment of 100 percent interest in Mobil Producing Nigeria Unlimited to Seplat Energy Offshore Limited. The $1.28 billion deal, first announced in February 2022, has been entangled in regulatory hurdles for over two years. “Settlement agreement between…
