Adedeji Adeleke, the father of multiple award-winning Nigerian artiste, Davido, has revealed that his company, Pacific Energy, generates about 15% of Nigeria’s electricity. Adeleke disclosed this during the Seventh-Day Adventist Church’s General Conference Annual Council 2024, held on 15 October.The billionaire highlighted his investments in the nation’s power sector, saying his thermal power plant is…
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has asked Nigerians to pay taxes as the government needs money to provide social services for citizens. Wike spoke on Wednesday in Abuja at the maiden edition of the Abuja Business and Investment Summit organised by the Abuja Investment Company Limited. The former…
Nigeria’s annual inflation rate climbed for the first time in three months in September, sparked by a spike in gasoline prices and severe floods in food-producing areas. Consumer prices index (CPI) rose to 32.7% in September from 32.2% in August, the National Bureau of Statistics (NBS) said in a statement published on its website…
Two Igbo councillorship candidates, Austin Nwachukwu and Okoro Uzoma Anthony, emerged winners in the just concluded Plateau State Local Council elections. The Plateau State Independent Electoral Commission on Monday presented certificates of return to 304 councillors-elect across the state, including Nwachukwu and Uzoma.Nwachukwu, from Abia State, was elected to represent Tafawa Bela Ward, in…
Veteran actress, Lola Idije, has finally addressed rumours surrounding her junior colleague, Biodun Okeowo, allegedly snatching her daughter’s husband. In a statement released on her Instagram page, the veteran actress set the record straight, stating that Biodun did not snatch her daughter’s partner. She recalled that she attended Biodun’s wedding, which wouldn’t have been…
The Federal Government on Tuesday, October 15, said the UK government did not endorse the petition by Yoruba nation agitator, Sunday Adeyemo, also known as “Sunday Igboho”, for the creation of Yoruba Nation. In a statement, the spokesperson for the Ministry of Foreign Affairs, Ambassador Eche Abu-Obe, described media reports on the petition as…
The Economic and Financial Crimes Commission, EFCC, has explained why it raided a radio station, Urban 94.5 FM in Enugu State. LIB reported that operatives of the anti-graft agency raided the private station on Monday night, October 14, 2024, and arrested a presenter, Favour Ekoh, during a live programme. The operatives also arrested…
A couple and one other man were crushed to d@ath by a truck along Sagamu-Ogijo road in Ogun State. The crash which involved a Foton truck with registration number EKY 778 XM, a space wagon car with registration number AM299AHD, and a Bajaj motorcycle with number plate JGB 265 WG occurred on Sunday, October…
A 45-year-old man identified simply as Kazeem, has drowned in a river at Odo Tente, a boundary community between Lagos and Ogun states. The incident occurred on Friday, around 11 am after the deceased took a hard drug suspected to be Colorado. It was gathered that Kazeem started to act under the influence…
The World Bank says that Nigeria must maintain its current ‘economic reforms’ for the next 10 to 15 years to reclaim dominance not just in Africa but the world. The Senior Vice President of the World Bank Group, Indermit Gill, gave this advice during the ongoing 30th Nigerian Economic Summit, organised by the Nigerian Economic…
