The Minister of Power, Adebayo Adelabu has said that electricity is cheapest in Nigeria compared to other African countries. Adelabu disclosed this on Thursday when he received the Secretary of the Lottery Trust fund, Tosin Adeyanju at his office in Abuja. According to Adelabu, Nigeria and the World in general grapple with two basic problems: Food and Energy security. “All over the world today, ...

The Central Bank of Nigeria has announced a fresh Foreign Exchange Code as guidelines to legible players in the country’s FX market to stabilize the Naira. The FX code was contained in a document released on CBN’s official website on Thursday, October 3, 2024. According to the apex bank, the FX code will regulate Nigeria’s financial system and supervise the foreign exchange market in line ...

Human rights lawyer, Femi Falana, SAN, has denied having anything to do with popular crossdresser, Idris Okuneye known as Bobrisky and his alleged assistance to get him a presidential pardon while he served his term in Kirikiri prison. Recall that social activist, Very Dark Man, a few days ago, released a purported audio conversation between Bobrisky and a man where the crossdresser claimed that ...

Davido has broken his silence on his drama with Wizkid, and it isn’t what many netizens expected. The singer made a post on Instagram, talking about being authentic to one’s craft, being resilient in your journey in life, and lifting others up on the way. Although Davido didn’t outrightly mention Wizkid’s name, his many aspects of his post still brushed on his beef with the singer. Take ...

The Director General of National Emergency Management Agency (NEMA), Mrs Zubaida Umar, has noted that about 180 local government areas have been affected by flood this year so far. Speaking yesterday in Abuja when she officially received 18,653 bags of 10kg rice donated by Bank of Industry (BOI) and 1,696 cartons of humanitarian relief items donated by Government of UAE to support the Nigerian ...

Oil prices surged and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East. Prices jumped after the US President Joe Biden said he was “discussing” possible Israeli strikes on Iranian oil sites in retaliation for Tehran’s missile barrage on Israel. Brent, the international benchmark, topped $77 per barrel at one point while the ...