Nigeria’s Power Generation Hits Record 5,543MW
The Transmission Company of Nigeria (TCN) has announced that the power sector achieved a new peak generation of 5,543.20MW for the year 2025 on Friday, February 14, 2025, at 11:00 p.m. In a statement, the TCN said the new Maximum Daily Energy of 125,159.48MWH is the highest ever recorded in the nation’s electricity industry. It […]
Federal Government Bans 60,000 litres Petrol Tankers from March 1
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has banned 60,000 litres petroleum tankers from operating on Nigerian roads, effective March 1, to mitigate truck-in-transit incidents. Its Chief Executive, Ahmed Farouk, announced the ban yesterday, while briefing newsmen shortly after its Stakeholders Technical Committee Meeting, where he added that by the fourth quarter of […]
Trump Criticizes Ukraine Over Peace Talks Exclusion
US President, Donald Trump has said he was “disappointed” by Ukraine’s reaction to not being invited to peace talks in Saudi Arabia to end the war with Russia. Trump also appeared to blame Ukraine for starting the war – saying the country “could have made a deal” before the full-scale Russian invasion almost three years […]
Benfica, Bayern, and Brugge Advance to UCL Last 16
Benfica held off Monaco to a 3-3 draw in Lisbon to seal their place in the Champions League last 16, 4-3 on Aggregate, to face either Barcelona or Liverpool. Bayern Munich snatched a 3-2 aggregate victory over Celtic after a 1-1 draw in the return leg last night. Club Brugge beat Serie A side Atalanta […]
African Leaders Approve $20B Stability Fund
African leaders have approved the establishment of a $20 billion continental financial stability fund, in a move designed to stave off potential debt crises on the continent before they take hold. The facility, known as The African Financial Stability Mechanism, will get its own credit rating to allow it to borrow on international capital markets Announcing this in […]
U.S. and Russia Hold Ukraine Talks Without Kyiv
High-level delegations from the U.S. and Russia were set to begin talks in Saudi Arabia today Tuesday over the fate of Ukraine — negotiations taking place — without Ukraine. Ahead of the talks that the State Department said were aimed to discuss ending the now three-year-long war, an American delegation headed by Secretary of State […]
Arsenal slammed with £65,000 fine over Improper Conduct
Arsenal have been fined £65,000 after their players were deemed to have behaved in an “improper way” following Myles Lewis-Skelly’s red card against Wolverhampton Wanderers last month. It was alleged that Arsenal failed to ensure their players did not behave in an improper way around the 43rd minute, and the club subsequently admitted to this […]
Three persons critically injured After plane flips at Toronto Airport
One child and two adults have been critically injured after a plane crashed and overturned while landing at Toronto Pearson airport in Canada. Images shared on social media show a plane which appears to have flipped over on the snow-covered tarmac. It appears to be missing at least one of its wings. Toronto Pearson airport […]
CBN Seeks For Stronger Economic Ties With The Middle East
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has called for stronger economic ties with the Middle East and the Nigerian diaspora community in the region. In a statement issued yesterday by CBN’s Corporate Communications Department Cardoso made the submission on the sideline of the just-concluded inaugural Conference on Emerging Markets Economies […]
African Union Endorses Nigeria As Digital Trade Champion for AFCFTA
The African Union (AU) has officially designated Nigeria as the Digital Trade Champion for the continent under the African Continental Free Trade Area (AfCFTA) Digital Trade Protocol. This follows the country’s notable efforts in advancing digital enterprise and innovation. This endorsement came at the 38th Ordinary Session of the Assembly of Heads of State and […]
