Day: 29 March 2024

We have restored national grid -TCN

Jide Ige

The Transmission Company of Nigeria says it has successfully restored the national power grid following its collapse at 4:28 pm on Thursday. TCN, in a statement on Friday, said the grid attained full recovery by 10 pm on the same day. However, the Eko Electricity Distribution Company said on Friday that it was able to receive minimal power supply from the grid to put Agbara, Ojo, Akangba, Ajah, Lekki and Alagbon Transmission Stations on supply. The spokesperson of the TCN, Ndidi Mbah, said, “We remain optimistic that power supply will…

Read More

Gunmen storm Oriyanrin, abduct 2 Cele worshippers

Jide Ige

Gunmen suspected to be kidnappers have reportedly attacked a Celestial Church in Oriyanrin, a suburb of Orimerunmu in Ogun State, abducting two worshippers identified as Oladapo Seyifunmi and Oluboboye Abiola. The incident occurred at the church located near Oriyanrin village, on the outskirt of Orimerunmu, near Mowe, in the Obafemi Owode Local Government Area of Ogun State on Thursday. According to the state Police Public Relations Officer, SP Omolola Odutola in a statement on Friday, the perpetrators fled through a thick forest behind the church. The statement reads “Suspected kidnapping:…

Read More

Military planned to secretly eliminate abducted Lagos editor -Colleagues

Wura Kelani, Crime Reporter

Colleagues of the abducted Editor of FirstNews, Mr Segun Olatunji, on Thursday, revealed how the journalist was abducted in his Lagos home, whisked away, and allegedly tortured by the military over a story on the Defence Chief. Olatunji, a former Kaduna State correspondent of The PUNCH, was abducted by men in military uniform from his home in the Iyana Odo, Abule Egba area of Lagos State. Military authorities, on Thursday, yielded to pressure and released Olatunji, who was abducted from his home on Friday, March 15, 2024. He was released…

Read More

Access Holdings plan US$1.5bn capital raising programme, targets N365bn rights issue

Jasmin Ekua, Banking & Finance

Access Holdings Plc, one of Africa’s leading financial groups, has unveiled plans to establish a Capital Raising Programme of up to US$1,500,000,000.00 (One Billion, Five Hundred Million United States Dollars) or its equivalent in local currency TheProgramme aims to enhance the Group’s financial strength through the issuance of various financial instruments such as ordinary shares, preference shares, Alternative Tier 1 capital, convertible and/or non-convertible debt, bonds, or other capital and/or funding instruments. The Programme may be executed through a variety of methods including public offerings, private placements, rights issues, book-building…

Read More

Nigerian Breweries Brings “The Big Weekend Experience 2.0” to Onitsha, Warri, Akure This Easter

Jide Ige

Nigerian Breweries, the pioneer and largest brewing company in Nigeria, is set to host the second edition of the “Big Weekend Experience” across three cities simultaneously – Onitsha, Warri, and Akure. The event promises an exciting celebration of beer, featuring Nigerian Breweries’ top brands, live musical performances, and the opportunity to win fantastic prizes. Kicking off at 2 pm in each city, beer lovers can anticipate a thrilling day filled with good vibes, great music, cold beer, and the chance to win incredible prizes. The event will showcase Nigerian Breweries’…

Read More

Detention: Binance executive, manager sue NSA, EFCC

Jasmin Ekua, Banking & Finance

The detained Binance executive, Tigran Gambaryan, has sued the National Security Adviser (NSA), Nuhu Ribadu, and the Economic Financial Crimes Commission (EFCC) over the alleged violation of his fundamental rights. Gambaryan, in the originating motion dated and filed March 18 by his lawyer, Olujoke Aliyu, sought five reliefs before the presiding judge, Justice Inyang Ekwo, at the Federal High Court in Abuja. Also, Nadeem Anjarwalla, the Binance’s Africa regional manager who escaped from custody on March 22, filed a separate right enforcement suit before Justice Ekwo. Gambaryan and Anjarwalla, in…

Read More

Tinubu honours Okuoma slain soldiers with National honours, gifts houses, scholarships to families

Jide Ige

The President, Asiwaju Bola Ahmed Tinubu, has bestowed posthumous national honours on the four officers and 13 soldiers killed in Okuama, Delta State on March 14, 2024. The four gallant Officers have been accorded the Award of Member of the Order of Niger (MON) while the 13 courageous soldiers who also lost their lives have been Awarded the Officer of the Federal Republic (OFR) Medal. The President said that the Federal Government would provide a house in any part of the country to each of the families of the four…

Read More

Defence Headquaters declare Prof., 7 others wanted over soldiers’ assasination

Jide Ige

Nigeria’s Defence Headquarters has declared no fewer than eight persons wanted over the killing of 17 soldiers in Okuama community in Delta State. The DHQ declared in a post on its X (formerly Twitter) account on Thursday, March 28, 2024. Sharing the pictures of the wanted suspects, it wrote: “ATTENTION!!! The following persons are hereby declared wanted.” The soldiers while on a peace mission to the community were surrounded and killed by some irate youths in the area. Tinubu bestows national honours on fallen soldiers, approves houses, scholarships for families…

Read More

How KFC dehumanised me, Adebola Daniel laments

Jide Ige

Adebola, the son of Otunba Gbenga Daniel, a srving Senator and a former governor of Ogun State, has lamented how he was denied access to the Kentucky Fried Chicken (KFC) branch at the Murtala Muhammed International Airport in Ikeja, Lagos State. Adebola, in a series of tweets on his X account on Wednesday, March 27, 2024, described his ordeal as “the worst sort of public humiliation” he ever had. The son of the incumbent senator representing Ogun East Senatorial District, said he felt less than human, “like a guard dog…

Read More

FAAN shuts KFC for discriminating against disabled Senator’s son

Jide Ige

The Federal Airports Authority of Nigeria (FAAN) shut down the Kentucky Fried Chicken (KFC) facility at the Murtala Muhammed International Airport in Lagos over the alleged discriminatory treatment of Adebola Daniel, a passenger with reduced movement, on Thursday, March 27, 2024. This was made known in a statement issued by the FAAN Director of Public Affairs and Consumer Protection, Obiageli Orah. The victim, Adebola is the son of a former governor of Ogun State and a serving Senator, Otunba Gbenga Daniel. He recounted his experience at the KFC outlet at…

Read More