National Grid Collapses Third Time in One Week

The national grid has collapsed for the third time in less than a week, plunging the nation into a major blackout. The grid, which has experienced significant disruptions over the past few days, was restored just two days ago before suffering another collapse on Saturday. Data obtained from the Nigerian System Operator’s portal (niggrid.org), revealed … [Read more…]

World Bank lists four ways Tinubu can cut cost of governance

The World Bank has suggested four policies that President Bola Tinubu’s administration should adopt to reduce the cost of governance while providing relief to Nigerians. These policy recommendations are contained in the World Bank’s Nigeria Development Update report for October 2024, obtained by Nairametrics. Tagged “Staying the Course: Progress Amid Pressing Challenges,” the report assesses … [Read more…]

Rivers Governor Approves N85,000 Minimum Wage For Civil Servants

The Rivers State Government has approved a minimum wage of N85,000 for civil servants in the state. The Head of Service of the state, George Nwaeke, announced that the approval was granted by Governor Siminalayi Fubara during a closed-door meeting with labour leaders and senior government officials. Following the meeting, Nwaeke confirmed that the implementation … [Read more…]

Police Raid Kidnappers’ Den in Enugu; Rescue Victim; Neutralise Two Suspects

…CP Kanayo reaffirms the police’s commitment to sustained action against violent criminals On October 17, 2024, around 8 p.m., operatives from the Enugu State Police Command’s Anti-Kidnapping, Distress Response and Special Intervention Squads, raided a kidnappers’ hideout in Nokpa-Nike, Enugu East Local Government Area, following a diligently gathered actionable intelligence. Upon the operatives’ arrival, the … [Read more…]

Kenya’s Ruto chooses close ally & Interior Minister as Deputy President after Gachagua impeached

Kenya’s President William Ruto nominated Interior Minister Kithure Kindiki as his new deputy on Friday, hours after the Senate voted to impeach the last man in the job, Rigathi Gachagua. Ruto’s nomination of a close ally – who still needs to be approved by parliament – comes after a period of political turmoil, mass protests … [Read more…]

BRICS Unveils Demo Card for New Payment System Ahead of 2024 Summit as Part of De-dollarization Moves

BRICS nations have unveiled a demo version of their new BRICS Pay payment system at the BRICS Business Forum in Moscow. Participants received cards loaded with 500 rubles, which can be used at selected points in the World Trade Centre for purchases like coffee and souvenirs. This marks the first official preview of the much-anticipated payment system. The … [Read more…]

Senate pass vote of confidence on Akpabio’s leadership

Senators have unanimously passed a vote of confidence on the leadership of the President of the Senate, Godswill Akpabio. The confidence vote, which was passed on Thursday during plenary, came barely 24 hours after Wednesday’s media reports that operatives of the Department of State Services (DSS) took over the National Assembly to supposedly prevent a … [Read more…]

Ferrari Unveils 799 Units of Over £3.1M F80 Supercar, Already Sold Out

Ferrari has introduced its latest limited-edition supercar, the F80, which blends design and technology from endurance racing and Formula 1. Despite its hefty price tag of 3.6 million euros (£3.1 million), all 799 units are already sold out. Presented in Maranello, Ferrari’s hometown, the F80 is part of the automaker’s strategy to maintain interest among … [Read more…]

Kenya’s Deputy President Rigathi Gachagua Impeached

The Kenyan Senate has confirmed the impeachment of Deputy President Rigathi Gachagua, marking the first time a deputy president in Kenya’s history has been removed from office. After two days of debate, 53 senators voted to uphold the motion, sealing Gachagua’s fate. Gachagua faced five charges, including misuse of public office, undermining judicial independence, and … [Read more…]

N1.298 Trillion Shared Among FG, States, LGs as September 2024 Revenues

A total sum of N 1.298 trillion September 2024 Federation Accounts Revenue has been shared to the Federal Government, States and the Local Government Councils. The revenue distribution was announced at the October 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. According to a statement by the of Press and Public Affairs … [Read more…]