Category: News
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Popular Nigerian content creator Mark Angel has opened up about facing a tough year in 2024, revealing that he lost $3.7 million in forex trading and ended up drowning in debt. In a post on Instagram on Sunday, Mark Angel described how this loss led to one of the darkest times in his life. He…
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The report said some transactions were not supported by “evidence of authorisation and approvals before the deductions were made.” A report by the office of Nigeria’s Auditor-General has indicted the Nigerian National Petroleum Company Limited (NNPCL) for alleged misappropriation of funds and diversion of revenue meant for the Federation in 2021. The indictments are contained…
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The Federal Government, in the N49.74 trillion proposed 2025 budget, has allocated N41.49 billion specifically for rail infrastructure and modernization projects. For the 2025 fiscal year, the Ministry of Transport will receive a total allocation of N256.73 billion to support its initiatives. Of this amount, N223.80 billion is earmarked for capital expenditure, with N30,986,636,237 designated…
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NOTIFICATION OF TARIFF ADJUSTMENT Dear Valued Customer, Welcome to 2025! Our team members wish you all a happy and successful New Year. We also wish to inform you that we have recently received approval order from the Nigerian Electricity Regulatory Commission (NERC) for an adjustment of electricity tariffs, effective January 1, 2025. This adjustment will…
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Idris Aregbe is the Special Adviser to the Lagos State Governor on Tourism, Arts and Culture. idrisconnectingnigeria Alo o! Alo!! @anthonyjoshua left us with a thought-provoking folktale at the J Randle Centre for Yoruba Culture and History (@jrandlecentre) in Lagos. This witty story emphasises that we should embrace our cultural values, so they can be…
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Emomotimi Agama, the director-general (DG) of the Securities and Exchange Commission (SEC), says the regulator’s top priority for 2025 is to revamp regulations on investment fraud, also known as ponzi scheme, to enhance detection and accountability. In his new year message to the capital market over the weekend, Agama said the commission’s plans for the…
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Security forces have detained a few alleged vandals of sewage manhole covers on highways in Abuja, the capital of Nigeria. Additionally, attempts are being undertaken to capture their accomplices, particularly those who purchase the manhole covers, according to a statement issued by Mr. Lere Olayinka, Senior Special Assistant to the Minister on Public Communications and…
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President Bola Ahmed Tinubu, today, received the Awujale of Ijebuland, Oba Sikiru Kayode Adetona Ogbagba II, at his residence in Lagos.
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Biden to present Hillary Clinton, George Soros and 17 others the Presidential Medal of Freedom By Victor Nava Published Jan. 4, 2025, 5:00 a.m. ET President Biden will award the Presidential Medal of Freedom, the nation’s highest civilian honor, to former presidential candidate Hillary Clinton, billionaire Democratic megadonor George Soros and several others at a…
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President Bola Tinubu has returned to Lagos after his Saturday’s working visit to inaugurate some developmental projects executed by the Enugu State Government. Tinubu was received at the Murtala Mohammed International Airport by his Chief of Staff, Femi Gbajabiamila. Upon his return, the President drove straight to his Ikoyi residence. During the visit to Enugu,…