The Minister of Power, Chief Adebayo Adelabu, has announced that the Federal Government will not renew the licenses of electricity distribution companies (DisCos) that fail to meet performance standards when their current licenses expire in 2028. Speaking at the Nigerian Economic Summit 2025 in Abuja during a session focused on the power sector, Adelabu highlighted…
The Central Bank of Nigeria (CBN) has introduced a new regulatory framework for agent banking nationwide to enhance service quality, protect consumers, and promote financial inclusion. In a circular signed by Musa Jimoh, Director of the CBN’s Payments System Policy Department, the bank announced that the updated rules would take immediate effect, with certain provisions…
A US billionaire has been ordered to sell his £36 million West London mansion and hand the proceeds to his ex-wife after a judge condemned him for attempting to avoid a divorce payout. Real estate magnate Michael Fuchs, 65, ended his eight-year marriage to former French journalist Alvina Collardeau-Fuchs in March 2020, sparking a lengthy…
Former NFL quarterback Mark Sanchez is now facing a Level 5 felony battery charge involving serious bodily injury, which carries a potential prison sentence of one to six years, according to Marion County Prosecutor Ryan Mears. Mears upgraded the charge after receiving new information about the victim’s injuries, which were more severe than initially reported.…
The Teachers Registration Council of Nigeria (TRCN) has sounded the alarm over the shortage of qualified teachers in the country, attributing it to the decline in educational standards. Dr. Ronke Soyombo, the Council’s Chief Executive Officer, highlighted this issue during an appearance on Channels Television on Monday, October 6, in honor of World Teachers Day…
Brighton & Hove Albion goalkeeper Chiamaka Nnadozie has been nominated for the PFA Women’s Super League (WSL) Fans’ Player of the Month award for September. The 24-year-old joined Brighton on a free transfer from Paris FC over the summer and has quickly established herself as a key player this season. In her first five league…
On Monday, October 6, US President Donald Trump expressed optimism about the possibility of a Gaza peace deal, saying he was “pretty sure” an agreement could be reached. He noted that Hamas was agreeing to “very important” issues as indirect talks with Israel began in Egypt under his proposed 20-point plan. Speaking to reporters in…
Bafana Bafana coach Hugo Broos insists his team deserves a place at next year’s FIFA World Cup in North America, praising their hard work over the past two years to earn a shot at qualification. The South African senior men’s national team gathered in Roodepoort, Johannesburg, on Monday morning as they prepare for crucial World…
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC), Mr. Bayo Ojulari, has explained the reasons behind the recent increase in cooking gas prices across the country. In an interview with State House correspondents, Ojulari attributed the price hike to the temporary disruption in operations caused by last week’s strike by…
As the Nigeria Police Force begins enforcing the Tinted Glass Permit policy, the Borno State Police Command has revealed that armed robbers, kidnappers, drug traffickers, and terrorists have been using tinted vehicles to carry out their illicit activities. The Command’s spokesperson, ASP Nahum Daso, made the disclosure in a statement released on Saturday, October 4,…
