Author: Chief Editor

Former Osun State Governor Adegboyega Oyetola congratulated Senator Ademola Adeleke after the Supreme Court upheld the election of the latter as governor of the state.On Tuesday the Supreme Court affirmed the election of Adeleke as the governor of Osun State. The Court said Oyetola and All Progressives Congress (APC) failed to prove its case of improper accreditation of voters and over-voting against Adeleke. A five-member panel of the apex court held that the court of appeal correctly reinstated Adeleke as governor. The judgment is affirmed and adopted by the entire five members of the panel.According to all the members of…

The Speaker of the House of Representatives, Femi Gbajabiamila has charged the Nigerian Communications Commission (NCC) to be proactive in delivering quality telecommunications services to Nigerians. Gbajabiamila who gave the advice at a public hearing in Abuja, said that the house was concerned that some areas in the country have no access to mobile telecommunication services. The hearing was organised by the House Ad hoc Committee investigating why the NCC failed to promote widespread availability and usage of mobile telecommunication services nationwide. The committee is also investigating the total accruals into the Universal Service Provision Fund as well as its…

The Supreme Court on Tuesday affirmed the election of Ademola Adeleke as the governor of Osun State. The Supreme Court said Gboyega Oyetola and All Progressives Congress (APC) failed to prove its case of improper accreditation of voters and over-voting against Adeleke. A five-member panel of the apex court held that the court of appeal correctly reinstated Adeleke as governor. [Article Source]

Nigeria’s crude oil output dropped by 38,102 barrels per day in March, translating to a cumulative loss of about 1,181,162 barrels in the month under review, and signalled the first plunge in oil production since the last seven months. Industry data obtained in Abuja on Monday showed that Nigeria’s oil production had been on the rise since September 2022, following concerted efforts by the Federal Government and stakeholders to curb oil theft in the sector. The rise in oil output was, however, not sustained in March, as latest figures from the Nigeria Upstream Petroleum Regulatory Commission indicated that while the…

The Nigerian Communications Commission, on Tuesday, grants MTN Nigeria a spectrum lease transaction from the Natcom Development and Investment Limited. The transaction, which covers 19 states in the country, permits the telecommunication company to lease two spectrums – 5HMz Frequency Division Duplex and 10HMz FDD from NTEL. The transaction cost MTN Nigeria N4.25 billion and includes taxes, regulatory fees, and auxiliary charges as transaction costs while the spectrum lease is for a period of two-year, starting May 1, 2023, Nairametrics reports. Speaking on the feat, the Chief Executive Officer of MTN Nigeria, Karl Toriola said, “This is a significant milestone…

The senator representing Borno South District, Ali Ndume, on Tuesday, said the nomination of Godswill Akpabio by the All Progressives Congress National Working Committee does not imply Akpabio is the “anointed” candidate of the party for Senate President of the 10th National Assembly. Ndume said this while speaking on Arise TV‘s ‘The Morning Show’. The lawmaker was reacting to the party’s declaration of Akpabio’s nomination as the leader of the 10th Assembly. The PUNCH, on Monday, reports that while Akpabio was nominated for Senate President, the party nominated Abbas Tajudeen as the Speaker of the House of Representatives. Ndume said Akpabio…

The counsel for the Peoples Democratic Party and its presidential candidate, Atiku Abubakar, in the ongoing presidential election petition proceedings, Chris Uche SAN, has said that many agreements were broken in the 2023 general elections. Uche made the remark on Tuesday in response to Justice Tsammani’s response to his request to allow him present five junior lawyers as team members against the recommended three names. In the course of announcing the appearance of the petitioner’s legal team, Uche craved the indulgence of the court to permit him to announce five names adding that he stumbled upon “Order 3 Rule 11″…

Following the launch in India and Brazil, WhatsApp is reportedly launching making payments within a chat in Singapore. The tech company is said to have partnered with Stripe, a digital payment company, to roll out the feature in the region. WhatsApp has built this payment feature using Stripe Connect and Stripe Checkout solutions, making in-app payments available online and offline, Tech Crunch reports. Customers will now be able to pay businesses using credit cards, debit cards, or Singapore’s PayNow fund transfer system. However, Meta stated that the feature is only available to a few businesses at the moment but it…

Billionaire businessman, Femi Otedola, has revealed that his offer to buy Nigerian conglomerate, Transcorp Corporation Plc, for N250bn was rejected. This came to light on Tuesday in a statement he issued to TheCable, weeks after the businessman acquired stakes in Transcorp and sold the shares. He revealed that he had bought the shares of the company because he believed in the potential of the group to hit N2tn in valuation. Otedola said, “I offered to buy Transcorp Plc for N250 billion, but unfortunately, my offer was rejected. My goal was to maximise the company’s potential as a Nigerian conglomerate with a…

The Vice President, Prof. Yemi Osinbajo, has unveiled the Afam 3 Fast Power 240-megawatt turbine in Rivers State. The PUNCH reports that the project is a subsidiary of the Transcorp Group located in Oyigbo, on the outskirts of Port Harcourt in the state. Osinbajo, who arrived at the venue in a chopper at exactly 11:35 am was escorted into the premises and received by the Chairman of Transcorp Group, Tony Elumelu, and other dignitaries. In his address, Osinbajo said, “In 2020, electricity subsidies reached N584 billion, but service-based tariffs have led to a doubling of collection in the Nigeria Electricity Supply Industry…