Author: Akintayo Adams

Nigeria’s electricity generation peak fell to 4,998.20 megawatts on October 6, 2024, down from 5,234.70 MW recorded last Tuesday, amidst rising energy costs. This information is based on recent data from the National Control Centre and indicates a 236.5 MW decrease in power generation. The drop follows the celebration by the Minister of Power, Adebayo Adelabu, of a 5,105 MW peak in August 2024. The minister also noted that 40 percent of electricity consumers in Nigeria currently experience 20 hours of uninterrupted power supply. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

The Central Bank of Nigeria (CBN) has released updated savings deposit interest rates across various Deposit Money Banks (DMBs). The average rate has increased to 8.03%, up from the previous 7.88%. A savings rate is the interest that banks offer to customers for saving money, and this rate varies across banks. Here’s a breakdown of the new rates: These rates reflect the interest earned on savings deposits at different banks in Nigeria. Get instant and latest news updates via Our WhatsApp Community, X/Twitter or Google News online channel.

The Federal Government has approved the construction of an airstrip for Faith Tabernacle in Canaanland, as announced by Bishop David Oyedepo of the Living Faith Ministries. Speaking at his church’s Tehillah Night Special Edition in Canaanland, Otta, Ogun State, Oyedepo informed the congregation of this new development, noting that he can now travel directly from the church premises without needing to first go to the airport. He reminded the congregation that this is part of God’s plan for them and encouraged them to remain aligned with their purpose. The Bishop said, “I am sure you will be glad to know…

The Nigerian National Petroleum Company Limited (NNPCL) has reportedly stepped down as the sole buyer of Premium Motor Spirit (petrol) from Dangote Refinery. According to Premium Times, this change means petroleum marketers will now have to purchase petrol directly from the refinery. An NNPCL official told Premium Times, “Yes, it is true. We can no longer continue to bear that burden.” This decision comes after NNPCL lifted petrol from Dangote Refinery on September 15, 2024. Upon this lifting, NNPCL announced new fuel prices across its retail outlets, resulting in pump prices between ₦950 and ₦1,100 per liter in Abuja. The…

In a recently released voice note, controversial cross-dresser Idris Olanrewaju Okuneye, popularly known as Bobrisky, claimed to have paid ₦5 million upfront to a Senior Advocate of Nigeria (SAN) to secure a Federal Government pardon for money laundering charges brought against him by the Economic and Financial Crimes Commission (EFCC). Bobrisky revealed that the SAN initially requested N10 million, but he was unable to raise the full amount as his account had been frozen by the EFCC. This revelation was made in a video posted by popular social media influencer, Martins Otse, also known as VeryDarkMan, on Monday, October 7,…

The Oyo State Government has announced its civil service recruitment process for eligible candidates. Read || Canadian Visa-Sponsored Egg Packing Jobs for Foreign Workers Prospective applicants are invited to log into the state government job portal at https://csc.jobportal.oyostate.gov.ng/ between October 7 and October 11 to apply. NOTE – Create Account by clicking the symbol depicting a bust and key Candidates applying for positions requiring a university degree must have graduated with a minimum of second-class honors division, while those applying for Higher National Diploma (HND) positions must hold lower credit or higher from polytechnics. Apply || Commonwealth Masters Scholarships 2025 Additionally,…

Aston Villa striker Jhon Duran has signed a new contract that will keep him at the club until 2030. The 20-year-old Colombian joined Villa in January 2023 in an £18m transfer from MLS side Chicago Fire, initially signing a deal until 2028. Despite attracting interest from Chelsea and West Ham during the summer, Duran stayed at Villa and has been in impressive form this season, scoring six goals, including the winner in a 1-0 victory over Bayern Munich in the Champions League. Duran has also netted decisive goals in Premier League matches against West Ham, Leicester, and Everton. Since joining…

Men with enlarged breasts, a condition known as gynaecomastia, are urged to undergo medical evaluation, as health experts warn that this abnormal development could indicate underlying health problems. In an interview with PUNCH Healthwise, consultant endocrinologists explained that while some cases may be benign, gynaecomastia can result from hormonal imbalances, liver or kidney disease, certain medications, or even tumors. The specialists highlighted the importance of early diagnosis to address potential health risks and recommended treatments, including breast tissue reduction surgery when necessary. They emphasized that delaying medical consultation could lead to complications or ongoing discomfort. Johns Hopkins Medicine defines gynaecomastia…

Manchester United manager Erik ten Hag is under increasing pressure after a 0-0 draw against Aston Villa on Sunday, leaving the team in 14th place in the Premier League. With just one win in their last five matches, concerns are growing about Ten Hag’s future at Old Trafford, particularly following recent setbacks. After a 3-3 Europa League draw against Porto, where United squandered a 2-0 lead, and a 3-0 home defeat to Tottenham Hotspur, speculation has mounted that the Dutchman’s time at the club may be running out. According to ESPN, Ten Hag is facing significant pressure after the Spurs…

Nigeria’s federal government has approved over ₦820 billion for the rehabilitation of the critical Abuja-Kaduna-Kano expressway and the completion of the Bodo-Bonny road in Rivers State. In a statement on Sunday, Uchenna Orji, spokesman for the Minister of Works, David Umahi, stated that Julius Berger Nigeria Plc has been tasked with expediting the completion of these projects. The announcement came after a meeting between Umahi and Julius Berger representatives, where the minister emphasized the need for corporate nationalism in price negotiations amidst Nigeria’s economic challenges. Umahi highlighted that the Federal Executive Council (FEC) had approved the re-scoping and downward review…