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Ekiti grants licence to 14 power investors

Ekiti State Governor, Biodun Oyebanji, said on Thursday that the state government had granted operational licenses to 14 electricity investors. He said this is part of the efforts of the administration to achieve energy independence. Oyebanji, who made the disclosure on his X handle, said that the investors include “three distribution companies, four generation companies,...
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Private equity in Africa drops by 11% – Report

The African private capital industry recorded a decline in deal activity for the second consecutive year, the latest report by the African Private Capital Association has shown. According to the report, investments on the continent have fallen by 11 per cent since the start of 2024, continuing a decline that began last year. Private capital...
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AVRS Shared N45m Royalties To Members In 1 Year

Audio Visual Rights Society of Nigeria (AVRS), the sole collective management organisation (CMO) for  audiovisual works in Nigeria, distributed N45 million in royalties to members with verified information between January 2023 and March 2024. This was made known at the eight Annual General Meeting (AGM) held in Lagos. The chairman of AVRS, Mr. Mahmood Ali-Balogun,...
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I Have Nothing To Hide, If EFCC Comes For Me

The outgoing Governor of Edo State, Godwin Obaseki on Thursday said he has been pre-informed that the operatives of the Economic and Financial Crimes Commission (EFCC) will come for him as his tenure elapses next week. Speaking during the EdoBEST National Results-Sharing Session, Obaseki said he would spend his time in EFCC custody doing some...
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Omoragbon defeats NIDO UK South in Court

 Pastor Peters Osawaru Omoragbon, the suspended member of the Nigeria in the Diaspora Organisation UK South (NIDO UKS), has defeated the Executive Committee of the Organisation in court. The court sitting in the County Court in Central London, before His Honour Judge Gerald, on 15th October 2024, gave ruling on the suspension order. Pastor Omoragbon...
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EV firm MellowVans, Itemate debut mobile store for telcos

Stellenbosch-based electric vehicle company MellowVans has partnered with Itemate Solutions to launch a new mobile store solution for African telcos. According to a statement on Thursday, the new offering provides telcos with the MellowVans EVs paired to a custom point-of-sale platform developed by Itemate. This creates a mobile storefront from where agents can provide customer...
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Chris Ihidero Unveils New Series ‘Journey To Bloom’

For years, Chris Ihidero, has demonstrated his commitment to highlighting societal issues through his films. From short films like Big Daddy that focused on the dangers of sexual abuse to directing films such as It Happened To Me aimed at raising awareness and correcting misconceptions about HIV/AIDS in Nigeria. Ihidiero has consistently told important stories....
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NNPC, SPDC Donate $1m To Borno Flood Victims

The Shell Petroleum Development Company of Nigeria Limited (SPDC JV) – Operator of the NNPC Limited, SPDC, TotalEnergies and Nigerian Agip Oil Company Joint Venture has announced the donation of $1 million to support efforts to provide relief to over half a million people displaced in flood impacted communities of Borno State. This was contained...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...