The Nigerian Electricity Regulatory Commission (NERC) has provided fresh instructions to electricity distribution firms (DisCos) regarding the April 2024 Multi-Year Tariff Order’s execution. These instructions were outlined in a statement signed by Abba Terab, NERC’s Deputy General Manager of Market Competition and Rates, on Saturday. The NERC had, on Wednesday, , 3 April 2024, ordered the immediate upward review of electricity tariffs with immediate effect. The NERC Vice Chairperson, Musiliu Oseni, who disclosed this while speaking at a press conference in Abuja on Wednesday, explained that only electricity customers in band A would be affected by the increase. He noted…
Author: GuruTrends
China has conducted military “combat patrols” in the disputed South China Sea, raising the stakes in the disputed seas on the same day as the United States holds the first joint military exercises with the Philippines, Japan and Australia. Beijing’s surprise announcement of a naval drill on Sunday came a day after defence chiefs from the four countries said the Philippines would host joint drills in the same area on the same day. Beijing’s People’s Liberation Army (PLA) Southern Theater Command said it was organising “joint naval and air combat patrols in the South China Sea”. “All military activities that…
Las Pampas, Ecuador – The alarm rang at 7am, summoning everyone in the main square. Protesters boarded three trucks, normally used to transport livestock. The convoy carried them close to the nearby town of Palo Quemado, home to the mining project of La Plata in northwestern Ecuador, 130km (81 miles) from the capital Quito. Since last July, this quiet community has turned into an epicentre of anti-mining protests. Under the sight of military men stationed on the crest of the hill, roughly 100 demonstrators approached the road into town. But a whole riot squad blocked their way. “We don’t want mining,…
The Governor of Lagos State, Babajide Sanwo-Olu, On Saturday, April 6, bestowed his daughter, Modupeoreoluwa, in matrimony to her partner, Oladele. This white wedding follows a discreet engagement ceremony held just a week prior. The sacred ceremony occurred at the Cathedral Church of Christ in Lagos and was officiated by the Diocesan Bishop of Lagos, Rt. Revd. Ifedola Gabriel Okupevi. The reception promptly followed the marriage vows exchange. Notable figures who attended the celebratory event included Nigeria’s First Lady, Senator Remi Tinubu, Governor Godwin Obaseki of Edo State, Senator Hope Uzodinma of Imo State, Dr. Alex Otti of Abia State,…
The Central Bank of Nigeria (CBN) led by Mr Olayemi Cardoso has been in the eye of the storm in the last 8-months of the President Bola Tinubu Administration. The Government’s decision to ‘freely float’ the Naira, which led to a rapid decline in the value of the Naira against the United States Dollar (USD) has been criticized for the poor planning and incoherent execution of the policy. The Government’s rationale to float the currency – to unify the several exchange rates, and limit unlawful roundtripping – was not unreasonable; however, as with most policy actions, the devil is in…
Indirect talks to end the conflict set in Egypt with CIA director and Qatari PM holding separate meetings with the Israeli and Hamas delegations. Here’s how things stand on Sunday, April 7, 2024 New truce talks Israel’s war on Gaza, which has seen more than 33,000 people killed, entered its seventh month on Sunday, with talks towards a truce and captive release deal expected to resume in the Egyptian capital, Cairo. CIA Director Bill Burns and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani are expected to join Egyptian officials for indirect talks between the Israeli and Hamas…
As Israel continues the war in Gaza, with no indication of a victory, it risks formenting endless conflict. After six months of relentless attacks on Gaza, Israel remains no closer to a victory than it has been at any point since October of last year. Whether it has plans for the enclave beyond the fighting remains unknown, while more than 33,000 people, the majority women and children lie dead. More than 75,000 people have been injured and most of the population has been displaced. Some 1.5 million of those displaced are sheltering in the southernmost city of Rafah, whose future…
Ondo Guber: APC promises fair, transparent primary election The All Progressives Congress (APC) has pledged to organize a primary election that is free, fair, and transparent in selecting its candidate for the upcoming November 11 governorship election in Ondo State. Deputy National Organising Secretary, Nze Duru, reiterated this commitment on Saturday in Abuja as the party concluded the submission of Expression of Interest and Nomination forms by aspirants. “We assure aspirants that the party is interested and desirous of conducting a free, fair transparent primary election in Ondo State,’’ he said. The primary election is scheduled to…
The floods, caused by rising water levels in the Ural river, force thousands of people to evacuate. Floodwaters are rising in two cities in Russia’s Ural Mountains after Europe’s third longest river burst through a dam, flooding at least 6,000 homes and forcing thousands of people to flee. A string of Russian regions in the Ural Mountains and Siberia, alongside parts of neighbouring Kazakhstan, have been hit in recent days by some of the worst floods in decades. The Ural river, which rises in the Ural Mountains and flows into the Caspian Sea, swelled several metres within hours on Friday due to…
‘A rolling stone gathers no moss’ – Obono-Obla slams Atiku over comment on Senegal election NEWS DIGEST – Political commentator and former presidential aide, Obol Okoi Obono-Obla, criticized former Vice President Atiku Abubakar for his remarks regarding the Senegalese general elections. Atiku had suggested that Nigerian opposition parties learn from President Bassirou Diomaye Faye’s victory, emphasizing the promise it holds for constitutional democracy in Nigeria and Africa. “For us in Nigeria and elsewhere, there’s a huge lesson to be learnt from the Senegal experience,” he wrote. However, reacting in a statement on Saturday, Obono-Obla said the presidential candidate of the Peoples…
The top-seeded Boston Celtics held off a 40-point display from De’Aaron Fox (26) and a furious fourth-quarter rally to beat the Sacramento Kings 101-100 on Friday. Boston, already assured of entering the playoffs as the NBA’s number one-ranked team, looked to be strolling to a comfortable victory after taking a 19-point lead midway through the fourth quarter. But what looked like a formality for Boston came within a whisker of an implosion as Sacramento roared back to take a 100-99 lead after a Fox 3-pointer with 27 seconds remaining. However, Xavier Tillman’s floating jump shot restored Boston’s lead with seven seconds left and…
Landmark Assures Business Continuity Amid Lagos-Calabar Coastal Road Construction Landmark Group, a major tourism and hospitality player in Lagos, has addressed concerns about the potential impact of the Lagos-Calabar Coastal Road project on their businesses. The group confirmed receiving demolition notices and acknowledged worries from stakeholders. “We have been inundated with calls…regarding the potential destruction of several tourism…businesses,” said the Group CEO and Managing Director, Paul Onwuanibe However, they are actively engaged with various government bodies, including the Federal Ministry of Works and Housing and Lagos State authorities. Landmark emphasizes their support for the project’s economic…
Officers from the FCT Police Command conducted coordinated operations, searching the Durumi and Dei-Dei communities of Abuja and apprehending eighty-five (85) people who were involved in a variety of crimes. SP The command’s spokesman, Josephine Adeh, confirmed the arrests and disclosed that the operations took place between March 31 and April 4, 2024. Adeh pointed out that these hiding places were well recognized for providing protection to lawbreakers and facilitating a range of illicit operations, including building shanties and other unlawful buildings used for drug trafficking and currency counterfeiting. Adeh said, “A search warrant was executed in some of the…
US women’s college basketball sensation Caitlin Clark (22) rallied the University of Iowa over the University of Connecticut 71-69 on Friday, giving her a chance to complete her historic career with a national title. Clark scored 21 points, grabbed nine rebounds and passed off seven assists to spark the Hawkeyes (34-4) into Sunday’s March Madness women’s championship game against unbeaten South Carolina, which routed North Carolina State 78-59. “Our team’s confidence is pretty good at the point in the season,” Clark said. “Everybody is stepping up. “At this point, anybody can take it and you’ve got to go prep. You’ve got…
The Federal High Court in Lagos, presided over by Justice Abimbola Awogboro, decided on Friday to postpone the decision on the guilty verdict of Idris Okuneye, popularly known as Bobrisky, a controversial transvestite, until April 9, 2024. Furthermore, when the decision was being made, the judge ordered that he be returned to the Economic and Financial Crimes Commission’s monitoring. Details to follow…
No Formula One driver will be able to compete with Red Bull’s triple world champion Max Verstappen (26) this year, Toto Wolff, team boss of their closest rivals last season Mercedes, said on Sunday after the Dutchman dominated the Japanese Grand Prix. His frank assessment came after Verstappen finished the race at the Suzuka circuit almost 13 seconds clear of his teammate Sergio Perez and 20 seconds clear of the rest of the field. “No one is going to catch Max this season. His driving and the car are just spectacular,” Wolff said. “Basically this season now is best of the rest … hopefully…
Rafael Nadal’s (37) withdrawal from the Monte Carlo Masters has cast doubt over the 22-time Grand Slam champion’s participation at the French Open, but Novak Djokovic (36) said he is still hoping for a final chapter in their storied rivalry. The Spaniard, who has said he expected to retire after the 2024 season, returned to competition in Brisbane in January, after almost a year sidelined with a hip flexor injury, but has not played an ATP event since. “As a tennis fan I want him to play at least one more tournament before he retires …,” world number one Djokovic told Eurosport in…
Franscico Cleidivaldo Mariano de Moura survived the shooting and has no trial date set A man attending the murder trial for his father’s killer in Brazil interrupted court proceedings to shoot the suspect half a dozen times and assault him. Video of the attack was captured on CCTV from the courtroom in São José do Belmonte. The video shows the judges and jury scattering for cover as Cristiano Alves Terto, 27, opened fire at Franscico Cleidivaldo Mariano de Moura, 38. It remains unclear how Terto had made it into the courtroom with a .38-caliber revolver. The attack occurred on November 29, 2023,…
Kylian Mbappe was spotted having an apparent disagreement with Paris Saint-Germain boss Luis Enrique following their 1-1 draw with Clermont Foot. French World Cup winner Mbappe was once again left out of the starting lineup, before coming on and providing an assist for Goncalo Ramos late on. Following the stalemate on Saturday night, the 25-year-old cut a frustrated figure when conversing with manager Enrique. The caption from CANAL+ read: “The discussion between Kylian Mbappé and Luis Enrique after PSG vs Clermont Foot 👀. What do you think they are talking about?” https://twitter.com/i/status/1776721819430510642 Mbappe, who looks set to leave PSG for Real Madrid…
Inter Miami have “more confidence” in Lionel Messi’s fitness after seeing the Argentine make his return from injury against Colorado. he eight-time Ballon d’Or winner stepped off the bench in the Herons’ latest MLS fixture after sitting out their last four games. He made an immediate impact, with his sixth goal of the season recorded just before the hour mark in a game that ended in a 2-2 draw. Inter Miami boss Tata Martino told reporters afterwards when asked for an update on Messi: “What Leo did is what he always does, how he affects our team, all his team-mates, the fans, and the most…