There was panic on Friday after a middle-aged man identified simply as AJ was found dead in his car at Mechanic Village in the Idimu area of Lagos State. Gathered that the deceased was attending the Good Friday service in a church located in the area when the incident happened. The late AJ, who was…
Director-General, Debt Management Office, Patience Oniha In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. This emerged as findings by Sunday PUNCH showed that 16 state governors also increased the debt profile of their states by N509.3bn with domestic and external debt of N243.95bn and $298.5m…
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…
By Luminous Jannamike The Editor of FirstNews Newspaper, Mr. Segun Olatunji, has claimed that his recent abduction and detention are connected to his journalistic work, which displeased certain powerful individuals. This revelation came following his release after a harrowing twelve-day confinement. “I was at home with my son on Friday, March 15, watching ‘Journalists Hangout,’…
The Eko Electricity Distribution Company (EKEDC) says it has relieved Tinuade Sanda from her role as managing director (MD) and chief executive officer (CEO). According to a statement by EKEDC’s board of directors, this follows the redeployment of Sanda back to WPG Ltd, the core investor who approved her to join the electricity distribution company…
Tony Elumelu Foundation (TEF), the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the successful entrepreneurs in its tenth selection for the TEF Entrepreneurship Programme. This new cohort brings to 20,000, the number of young African entrepreneurs who have received funding, mentoring, and capacity-building support from the Foundation, double the…
Nadeem Anjarwalla, one of the two Binance executives detained in Nigeria for alleged tax evasion and other offences, has escaped from lawful custody, those familiar with the matter have told PREMIUM TIMES. Our sources said Mr Anjarwalla, 38, escaped on Friday, 22 March, from the Abuja guest house where he and his colleague were detained after guards…
•LEA Government Primary School, Kuriga 1, where bandits kidnapped 280 pupils, staff members in the Chikun Local Government Area of Kaduna State… on Thursday. Photo: Godwin Isenyo The Kaduna State Government has announced the release of the 287 schoolchildren kidnapped from Kuriga, Chikun Local Government Area, Kaduna State. This was contained in a statement signed…
The Nigerian Association of Social and Resourceful Editors, NASRE, congratulates Dame (Dr.) Adaora Umeoji, OON, on her appointment as the Group Managing Director/Chief Executive of Zenith Bank Plc with effect from June 1, 2024. In a congratulatory message personally signed by the President of the association, Comrade Femi Oyewale, the media group describes Umeoji’s elevation…
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs, will announce 1,200 African entrepreneurs across 54 African countries as beneficiaries of its flagship Entrepreneurship Programme. The announcement will be made on March 22, 2024. The new beneficiaries will become the 10th cohort of the 10-year-long TEF Entrepreneurship Programme. The Tony Elumelu Foundation has…
