Month: February 2024

11 DisCos Rake In N105 Billion Through Overbilling Customers In 9 Months

ADEOLA YUSUF

. Who Collected What: Names of DisCos and how much they made by overbilling 7.1 million customers   Power distribution companies overbilled about 7.1 million unmetered electricity consumers between January and September 2023, an analysis of the latest monthly number of overbilled customers showed. In the various Regulatory Interventions for Non-Compliance with the Order on Capping of Estimated Billing to Unmetered Customers, issued to the 11 Discos by the Nigerian Electricity Regulatory Commission, an agency of the Federal Government, it was established that the power distributors raked over N105bn as…

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‘Well Done,’ Tinubu Hails Super Eagles, Gives Reason Team Deserves Accolade

ADEOLA YUSUF

President Bola Tinubu salutes the Super Eagles of Nigeria for their tenacious performance in the final of the 2024 Africa Cup of Nations (AFCON) in Côte d’Ivoire. President Tinubu commends the team, the coach, the crew, and the entire management team for their hard work, assiduity, and sacrifice to come this far in the tournament, acknowledging the hurdles they consistently surpassed with steadily improving performance as they pulled through to the finals. READ ALSO Marathon World Record Holder, Kelvin Kiptum, Is Dead Who-Won-What: Full List Of 2023 AFCON Award Winners…

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Marathon World Record Holder, Kelvin Kiptum, Is Dead

ADEOLA YUSUF

Marathon world record holder Kelvin Kiptum has died in a traffic accident, local media in Kenya reported on Sunday night. Kiptum’s Rwandan coach Gervais Hakizimana was also killed in the accident. The Nation reported that the 24-year-old Kenyan star athlete was driving when the accident occurred, with two passengers, including Hakimimana in the car. READ ALSO Who-Won-What: Full List Of 2023 AFCON Award Winners BREAKING: Super Eagles Lose To Hosts Ivory Coast In AFCON Final Banks, IMTOs To pay Dollars, Other Diaspora Remittances In Naira The other passenger, a lady…

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Who-Won-What: Full List Of 2023 AFCON Award Winners

ADEOLA YUSUF

Super Eagles captain William Troost-Ekong has been crowned the best player of the 2023 Africa Cup of Nations (AFCON) as Confederation of Africa Football (CAF) rolls out awards to deserving players. Troost-Ekong scored three goals in the tournament as he led Nigeria to a second-placed finish at the AFCON. South Africa goalkeeper Ronwen Williams won the award of the Goalkeeper of the tournament after his heroics to power the Bafana Bafana to a third-placed finish. Equatorial Guinea’s Emilo Nsue, who right from the group stage nicked 5 goals. got the…

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BREAKING: Super Eagles Lose To Hosts Ivory Coast In AFCON Final

ADEOLA YUSUF

Gallant Super Eagles of Nigeria lost to hosts Ivory Coast in a thrilling Africa Cup of Nations (AFCON) final match at the Alassane Ouattara Olympic Stadium in Ebimpe, Abidjan, on Sunday. The impressive Nigerian side lost 1-2 to the host nation. The Eagles captain William Troost-Ekong put Nigeria in the lead in the first half but the Elephant came into the second half with an equalizer by Franck Kessie and another goal by Sebastian Haller. More to follow…

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Banks, IMTOs To pay Dollars, Other Diaspora Remittances In Naira

ADEOLA YUSUF

International Money Transfer Operators and banks in the country have halted the payment of dollars to their customers. Some banks on Friday informed their customers that they would no longer be able to receive dollars from family and friends in the diaspora. This followed the issuance of revised guidelines for International Money Transfer Operators by the Central Bank of Nigeria on January 31. Ecobank Nigeria, one of the banks that have started to comply with CBN directive, in a notice to customers on its international money transfer operations, said, “We…

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Why, How ECOWAS Failed In Its Essence As A Regional Body – Expert

ADEOLA YUSUF

Accra-based veteran journalist, Mr. Francis Kokutse and Dr. Dayo Kayode, Ph.D, a Lagos, Nigeria-based public affairs analyst led the forum’s e-Discourse on the topic “ECOWAS and Regional Disintegration: A Beneath-the-surface Blame Game in West Africa”. Excerpts;   Would u say that as a group, ECOWAS has outlived its essence as a regional body? Let me be blunt. ECOWAS has failed in its essence as a regional grouping. By this time, ECOWAS’ barriers should have been broken down. Our leaders in May 1979, promulgated the first protocol on the free movement…

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“Death Can Come Any Time,” What Wigwe Said At Abdul Imoyo’s Burial

ADEOLA YUSUF

. Everything you need to Know: Last days and profile of Group Managing Director/CEO of Access Bank Plc who died with wife, son, and best friend in a helicopter crash   The Nigerian banking and business world has been jolted by the death in a helicopter crash of Herbert Wigwe, Chairman, Access Holdings, with some allies recalling his last days on earth. Platforms Africa reports that Wigwe died with his wife; only son, his best friend; and two others in the United States (U.S.) on Saturday, February 10, 2024. He…

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BREAKING: Access Holdings CEO, Herbert Wigwe, Is Dead

ADEOLA YUSUF

A chopper transporting Herbert Wigwe, the CEO of Access Holdings, has crashed, killing him as well as about five others in California, United States. Sources said the chopper was headed to Las Vegas when it crashed near a border city between Nevada and California on Friday night. The US government confirmed all on board dead. Details Later…

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President Ramaphosa Vows Solutions To Power Outages In Crucial Address For South Africa

ADEOLA YUSUF

South African President Cyril Ramaphosa said Thursday that an end to crippling power cuts was “within reach” and pledged thousands of new jobs in a key speech ahead of knife-edge elections this year. With his historically dominant African National Congress (ANC) party struggling in the polls, Ramaphosa used a state of the nation address to highlight steps taken to address the prolonged energy crisis that has vexed businesses and families alike. We are confident that the worst is behind us and the end of load shedding is finally within reach,”…

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