THE National Union of Electricity Employers (NUEE) has faulted the privatisation of the power sector, describing the exercise as fraudulent. It said an increase in tariff cannot therefore improve electricity supply since power generation is based on very expensive gas, saying no single power plant is being constructed in the last seven years. Its General Secretary, Comrade Joe Ajaero, who ... Read More »
Author Archives: NewsThumb Magz
COVID-19 : Donald Trump and his wife, Melania have tested positive
President of the United States of America, Donald Trump and his wife, Melania have tested positive for coronavirus. The President announced this on Friday morning. “Tonight, @FLOTUS and I tested positive for COVID-19. We will begin our quarantine and recovery process immediately. We will get through this TOGETHER!” Trump tweeted shortly on Friday. Read More »
ROYALTY LOUNGE AND SUITES BOSS, TUNDE OLAOGUN CELEBRATES MOM AT 60
On Thursday, October 1, 2020, madam Florence Adunni Olaogun, mother of Royalty Lounge and Suites, Tunde Olaogun, will clock 60, same age with Nigeria. As governments at various levels will be celebrating the country’s independence tomorrow, Thursday, October 1, 2020 so also the Olaoguns will be rolling out the drums to celebrate the family’s martriach. The event, which is ... Read More »
Big Brother NaijaI : I’ll reach out to people with my music – Laycon
Big Brother Naija season 5 winner Laycon has said he would like to extend his success to others. Laycon said this during his price presentation by Big Brother Naija organisers and sponsors on Wednesday. When asked what would be his approach to Nigeria and Africa at large, he said he would use his music to connect to people easily. He ... Read More »
Senatorial District : Bayelsa West: kinsman files suit seeking Dickson’s disqualification
A kinsman of a former Bayelsa Governor Seriake Dickson has filed a suit at the Federal High Court sitting in Abuja seeking his disqualification from contesting the forthcoming bye-election in Bayelsa West Senatorial District. Owoupele Eneoriekumoh, who hails from Dickson’s Sagbama Local Government Area, is alleging the Independent National Electoral Commission (INEC) Form EC9, which Dickson, candidate of the Peoples ... Read More »
Heritage Bank joins in celebration of Nigeria @60
…Rewards Nigerians for “National Pledge” pidgin recitation Heritage bank Plc, Nigeria’s Most Innovative Banking Service provider joins the nation to celebrate Nigeria’s 60th independence anniversary. In a bid to commemorate the independence and inculcate patriotic spirit in the citizens on the importance to reflect on the past, what led them here and the bright future that awaits Nigerians, Heritage Bank ... Read More »
School Feeding: EFCC arraigns Education Secretary for fraud
The Economic and Financial Crimes Commission (EFCC) yesterday said it has arraigned the Education Secretary, Sabon Birni Local Government Area of Sokoto State, Ishaka Abdullahi, before Justice Malami Umar Dogondaji of the state high court for fraud. He was arraigned on a six-count charge, bordering on obtaining money by false pretence to the tune of N429, 000. According to a ... Read More »
Lagos, Ogun demand tax from Laycon after BBNaija win
The Lagos Internal Revenue Service and its counterpart in Ogun State have indicated interests in the collection of tax from the winner of the 2020 edition of the Big Brother Nigeria reality TV show, Olamilekan ‘Laycon’ Agbeleshe. The agencies made this known while congratulating Laycon over his victory. “Congratulations @itsLaycon winner @BBNaija Lockdown edition. More wins!! We look forward to ... Read More »
Access Bank Announces Strategic Update and Transactions of its Vision to Be Africa’s Gateway to The World
Access Bank Announces Strategic Update and Transactions of its Vision to Be Africa’s Gateway to The World. Access Bank Plc said it has received the Central Bank of Nigeria’s Approval-in-Principle for the Bank’s restructuring to a holding company. The proposed HoldCo structure would enable the Bank to further accelerate its objectives around business diversification, improved operational efficiencies, talent retention as ... Read More »
Nigerian govt orders DisCos to suspend electricity tariff hike
The Federal Government has ordered the Electricity Distribution Companies in the country to suspend the recent hike in tariff. The Nigerian Electricity Regulatory Commission issued the order on Tuesday night. This followed an agreement reached by the Federal Government and Organised Labour for the suspension of the hike in tariff for 14 days. According to the NERC, the tariff suspension ... Read More »