TCN commences reconstruction of destroyed Tower 16 in Kano

The Transmission Company of Nigeria, TCN, said its staff has commenced the dismantling and re-erection of its collapsed Tower 16 at Gunduwawa Village, Gezawa Local Government of Area of Kano State. DAILY POST recalls that a trailer carrying a container drove into the base of the tower, destroying it and causing outages in several communities….

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Breakdown of FAAC’s N1.358tn July allocation to FG, states, LGs

The Federation Account Allocation Committee said it disbursed N1.358.075 trillion to the three tiers of Government in Nigeria as July allocation. The was contained in a statement by the Director of Information and Public Relations, Ministry of Finance, Mohammed Manga on Friday. The disbursed N1.358.075 stems from the total gross N2,613.791 trillion revenue generated in…

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Nigerian govt to issue $500m dollar-dominated bond Monday

The Federal Government of Nigeria plans to issue a $500 million dollar-denominated domestic bond next week Monday to attract both local and international investors. Gbadebo Adenrele, Managing Director of Investment Banking, at United Capital Group, disclosed this during a hybrid roadshow with investors organised by the Debt Management Office (DMO) on Thursday. “The auction will…

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Imo Police nab three for robbery

The Imo State Police Command has paraded a 23-year-old Elijah Chigemezu who specializes in snatching phones from unsuspecting victims at gunpoint. Also arrested were 27-year-old John Chukwudi a native of Ntu in Ngor-Okpala LGA Imo State and one Chibeze Tasie, 32, who was arrested at Naze. In a release from the Police Public Relations Officer,…

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EFCC X account goes missing, Nigerians fear hackers are at work

EFCC X account goes missing, Nigerians fear hackers are at work

The anti-graft agency’s other social media platforms remain operational. The official X account of the Economic and Financial Crimes Commission (EFCC) has suddenly vanished, leaving many Nigerians puzzled. The account which boasted over two million followers, now returns the message: “The term you entered did not bring up any results. Please try again later.” Nigerians…

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Professionalism only solution to building collapse – Sanwo-Olu

Governor Babajide Sanwo-Olu of Lagos State has reiterated the importance of professionalism and adherence to building regulations in addressing building collapse in the state. Sanwo-Olu said this at the second edition of the Lagos State Building Control Agency, LASBCA, stakeholders engagement, on Thursday, in Lagos. The LASBCA stakeholders engagement, which focused on the critical issue…

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ESN won’t tolerate it – IPOB warns traditional rulers collecting money from herders

The Indigenous People of Biafra, IPOB, on Thursday accused some traditional rulers in the Southeast of collecting money from terrorists masquerading as herders. IPOB alleged that these traditional rulers collect the money to allow these terrorists operate freely in some communities of the region. Emma Powerful, the spokesman of the group, warned that IPOB and…

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Depot owners deny opposing local refineries

The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has strongly denied accusations that it is hindering the operations of local refineries to maintain the importation of petroleum products. The Executive Secretary of DAPPMAN, Olufemi Adewole, made this clarification, adding that the association’s members are patriotic investors who have committed substantial resources to building…

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