Nigeria loses an estimated $26 billion yearly to power failures. This is according to the latest Africa Trade Barometer report which said the cost excludes spending on off-grid generators. “Economic losses arising from Nigeria’s electricity shortages are estimated to be USD 26 billion annually, without accounting for spending on fuel for off-grid generators, which is

About 42.3 million litres of imported Premium Motor Spirit, popularly called petrol, are expected in the country next week, oil marketers stated on Friday, urging local refiners to ramp up production. Dealers said petrol imports would continue until the production of the commodity in the country was enough to meet domestic demand. They insisted that

The Kwara State Government has announced that it has received a petition from the Offa community urging the prosecution of certain individuals in connection with the bank robbery that occurred on April 5, 2018. The Chief Press Secretary to the Governor, Mallam Rafiu Ajakaye, disclosed this on Tuesday during the second quarter of the Kwara

The North East Development Commission (NEDC) is to introduce electric vehicles in Northeast Nigeria in line with President Bola Tinubu’s directive to promote cleaner energy.Managing Director of NEDC, Mohammed Alkali, who disclosed this to journalists on Wednesday at the State House, Abuja, after meeting with President Tinubu, said the commission conducted a thorough analysis of

As was to be expected, Victor Osimhen made an immediate impression in the Turkish Super Lig, setting a record with seven shots on goal in Galatasaray’s 5-0 victory over Rizespor on Saturday. Recovering from the disappointment of his failed moves to Chelsea and Ah Ahly on the deadline day of the summer window, the 25-year-old

Raymond Terver, well known by his stage name DJ Ice, is a disc jockey from Abuja. The Intelligence Response Team agents detained him after they claimed he used fictitious alerts to buy pricey drinks and other items. The suspect, in order to hide his identity, allegedly sold the drinks and other items through middlemen. Force

The Minister of the Federal Capital Territory, Nyesom Wike, has vowed that he would never support the Rivers State Governor, Siminalayi Fubara, in his political life again. The minister’s statement comes amid the strained relationship between himself and Fubara, his governorship predecessor. Wike, during an interview on Channels Television’s Politics Today programme, on Friday, lashed out at

Separately, the Senate and the House of Representatives have moved up their respective dates of return from the current extended holiday to September 24, a one-week extension. The revised date of resumption was announced by the Senate Clerk, Chinedu Akubueze, in a message to the Senators in the Red Chamber. After a two-month break, the

Thousands of Maiduguri inhabitants have been displaced, with the Nigerian Correctional Service recapturing three inmates after a jailbreak, while 80 per cent of animals at the Sanda Kyarimi Park zoo died as Borno State suffered its most devastating flood disaster in 30 years, The PUNCH reports. Following the disaster, President Bola Tinubu, who’s currently abroad,