For the umpteenth time, Nigeria’s power grid experienced another collapse in the early hours of Monday, April 15, 2024, according to data obtained from the Nigerian System Operator’s portal (niggrid.org), between 2:00 am till the time of filing this report. The grid recorded an unprecedented zero Megawatts (MW) at the time and is currently generating […]
The organized labor, on Sunday, listed its expectations ahead of the 2024 Workers’ Day, calling on the Federal Government to announce a new minimum wage on May 1. The National Vice President of the Trade Union Congress, Tommy Etim, who spoke with our correspondent, described Workers’ Day as Christmas Day for workers. He noted that […]
The Economic and Financial Crimes Commission said on Sunday it has freshly recovered $445,000 and N3bn in the ongoing probe of the scandal in the Ministry of Humanitarian Affairs. The EFCC spokesman, Dele Oyewale, told The PUNCH that the $445,000 and N3bn were recovered between March and April in addition to N30bn earlier recovered before March, which […]
GOVERNMENTS and security agencies in the South-West states have beefed up security around government structures and institutions, with machinery put in place to forestall the breakdown of law and order by any group forcing an agenda on the states. Also, security agencies have warned that they would curtail any form of insecurity, adding that anyone […]
Controversial crossdresser, Idris Okuneye, aka Bobrisky, who was handed a six-month prison sentence over naira abuse, currently shares the same cell with male inmates at the Ikoyi Custodial Centre, Justice Abimbola Awogboro of the Federal High Court in Lagos, while sentencing the convict, on Friday, April 12, 2024, said the judgment would be a deterrent […]
Four of the tier-1 banks in the country, FBN Holdings, Access Holdings, Guaranty Trust Holding Company Plc and United Bank for Africa Plc have indicated plans to raise about over $3.03bn (N3.46tn) in fresh capital. This came barely one month after the Central Bank of Nigeria directed Deposit Money Banks to recapitalize. According to The PUNCH findings […]
The Minister of Sports Development, John Enoh, has said that the ministry would ensure the timely release of funds to prepare Nigerian athletes for the Paris 2024 Olympics Games. The News Agency of Nigeria reports that the games will take place from July 26 to August 11 in Paris. The minister gave the assurance on […]
The Nigeria Football Federation (NFF) has revealed that the South Africa Football Association (SAFA) shirked their responsibility towards the Super Falcons after failing to pick the 2024 Paris Olympics ticket. It will be recalled that with a 1-0 win over the Banyana Banyana in Abuja on Friday last week, the Super Falcons dug their feet […]
Paris Saint-Germain (PSG) have reportedly agreed to sign Napoli striker Victor Osimhen during the forthcoming summer transfer window, according to Italian media. According to the 25-year-old, who signed a new contract with Napoli in December that included a €130 million release clause, is set to leave the Italian club at the end of this season […]
Hamas has said it does not have 40 captives who are still alive who meet the “humanitarian” criteria for a proposed hostages-for-prisoners ceasefire agreement with Israel. This claim made at the weekend was confirmed by a senior Israeli official during talks in Cairo. The militant group said it does not have 40 hostages in Gaza […]
