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Odua Nation: We don’t regret our actions – agitators

Ibadan, April 15, 2024 – Some O’odua Nation agitators who were arrested by the police in Oyo State said they never regretted their actions as they acted within the law. A group of people, parading themselves as agitators for the O’odua Nation, stormed the State Secretariat in Ibadan last weekend on the pretence of fighting the cause of the Yoruba Nation. They were paraded by the police in Ibadan on Monday, where they defended their actions. They claimed their actions could not amount to treasonable felony as they followed all …

TCN restores national grid after collapse

Abuja, April 15, 2024 – The Transmission Company of Nigeria (TCN) says it has fully restored the national grid after its collapsed earlier Monday. Ndidi Mbah, the TCN Spokesperson, said this in a statement. He said the collapse was caused by a fire which erupted at the Afam V 300kV bus bar coupler, leading to the tripping of units at Afam III and Afam VI. Mbah said the fire incident destabilised the grid and caused partial collapse. “The Transmission Company of Nigeria (TCN) announces the full restoration of the national …

Inflation rate rises to 33.2%

Abuja, April 15, 2024 – Nigeria’s inflation rate rose to 33.2 per cent in March from 31.70 per cent in February 2024, the National Burau of Statistics (NBS) has reported. The NBS reported this in its Consumer Price Index (CPI) and Inflation Report March 2024. “In March 2024, the headline inflation rate increased to 33.20% relative to the February 2024 headline inflation rate which was 31.70%. “Looking at the movement, the March 2024 headline inflation rate showed an increase of 1.50% points when compared to the February 2024 headline inflation …

Israel quiet on next steps against Iran 

Tel Aviv, April 15, 2024 – Israel’s War Cabinet has met without making a decision on next steps, an official said, as a nervous world waited for any sign of further escalation of the former shadow war. Israel’s War Cabinet met late Sunday to discuss a possible response, but an Israeli official familiar with the talks said no decisions had been made. He spoke on condition of anonymity because he was discussing confidential deliberations. Asked about plans for retaliation, Hagari declined to comment directly. “We are at high readiness in all …

National grid collapses to 629.90MW

Abuja, April 15, 2024 – The Transmission Company of Nigeria (TCN) has reported a collapse of the national grid to 629MW by 10:00 am on Monday. The Independent System Operator (SO), the technical wing of the TCN, announced that only 770MW was sent to 10 electricity Distribution Companies (DisCos) at 10:53am on Monday. With the current situation, the TCN has confirmed its inability to supply adequate power to the Discos to meet the demand of band A customers who are who enjoy a minimum of 20 hours per day supply. …

Goldman Sachs predicts Nigeria as 15th largest economy by 2050

Lagos, April 14, 2024 – Goldman Sachs, a global investment bank, has predicted that Nigeria will emerge as the world’s fifth largest economy by 2075. It also projected that Nigeria will rank as the world’s 15th-largest economy by 2050. It further predicted that Nigeria’s Gross Domestic Product (GDP) will reach $13.1 trillion by 2075, further solidifying its position as Africa’s largest economy. The Goldman Sachs Global Investment Research (2022) report, which identified the 25 Largest Economies in the World by 2075,  ranks Nigeria ahead of Pakistan at 6th position, Egypt …

UMCAA DLS: Cable news publisher speaks on dilemma between journalism, activism

Lagos, April 14, 2024 – Simon Kolawole, the Publisher of the Cable News online, will speak on the dilemma between journalism and activism at the sixth edition of the annual University of Lagos Mass Communication Alumini Association (UMCAA) Distinguished Lecture Series (DLS). The lecture will hold at the Tayo Aderinokun Hall of the campus on April 18, 2024 from 10am. The DLS, which is the main annual event of UMCAA has become a platform for experts to give their opinion on the burning issues in the country. This year’s edition …

Consumer commission to check arbitrary price fixing

Abuja, April 15, 2024 – The Federal Competition and Consumer Protection Commission (FCCPC) says it will not hesitate to take action against businesses engaging in arbitrary price fixing. The FCCPC made the promise in a statement posted on its official X handle on Sunday. It said it was concerned about recent complaints about rising prices of goods in spite of the appreciation of the naira, adding that the rising cost of essential goods impacted consumers’ well-being and economic stability. “While we recognise that the commission cannot directly control prices, we …

Lori, George Schappell, world’s oldest conjoined twins, die at 62

Pennsylvania, April 14, 2024 –  Lori and George Schappell, the world’s oldest living conjoined twins have died. The twins passed away on April 7 of undisclosed causes, according to joint obituaries published by Leibensperger Funeral Homes in Hamburg, Pennsylvania. The Schappell twins were born in Pennsylvania on Sept. 18, 1961. The pair, who were 62 years and 202 days old, held the record for the oldest living conjoined twins, according to the Guinness World Records website.   Prior to George Schappell’s coming out as transgender later in 2007, the twins …

NDLEA arrests pregnant woman, two others with N3.2m fake naira notes

Abuja, April 14, 2024 – The National Drug Law Enforcement Agency (NDLEA) has intercepted a commercial bus conveying N3.2million fake naira notes allegedly owned by an eighth-month pregnant woman and two others. The suspected owners of the fake cash are an eight-month pregnant woman, Favour Peter, 24 and Esther Adukwu, 27, as well as Ochigbo Michael, 39. Femi Babafemi, the NDLEA Spokesman, said thias in a statement on Sunday. He said they were arrested at Jabi Park in Abuja in a follow-up operation on Tuesday, April 9, following the seizure of …