Transcorp Power records 775% PBT in Q1 2024
Akinwande Soji-Ojo Transcorp Power Plc (Transcorp Power), one of the electricity generating subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc (Transcorp Group), has demonstrated impressive financial performance in its released Q1 2024 unaudited financial statements, for the period ended March 31, 2024. The company recorded N67.86 billion in gross earnings, compared to N21.04 billion reported in Q1 2023, reflecting a...
Read moreNigeria: The changing governance story, By Temitope Ajayi
Tracking many stories of remarkable progress currently taking place in Nigeria can be a challenging task. This is so because these important stories are lost to some who daily indulge in the cacophony of adverse reports. These negative news often dominates the headlines. With a 24-hour news cycle that tends to focus mainly on distasteful narratives, several Nigerians have been made...
Read moreEight Nigerians arrested for attacking police officers during drug raid in South Africa
Akinwande Soji-Ojo The South African Police have arrested eight Nigerians for allegedly attacking officers during a drug raid. In a statement on Friday, the police said the suspects were arrested in the Northern Cape Province. The police said the suspects also damaged vehicles and other property. “At the time of the arrest, police were tracing information of one of the Nigerian nationals being in...
Read more80% of Nigerians living with Hepatitis B, C unaware- UCH CMD
By Emmanuel Adeleke The Chief Medical Director (CMD) of University College Hospital (UCH), Ibadan, Professor Jesse Otegbayo, has disclosed that over 20 million Nigerians are living with Hepatitis B and C, adding that 80% of those who have the disease do not know. Otegbayo made the disclosure while delivering the 548th inaugural lecture of University of Ibadan (UI), held at Trenchard...
Read moreArmy releases Delta monarch declared wanted over killing of 17 soldiers
Akinwande Soji-Ojo The army has released the traditional ruler of Okuama community in Delta State, Clement Ikolo,who was arrested over the murder of 17 soldiers in the community. Ikolo was released on Friday during a press briefing by the Director, Army Public Relations, Major General Onyema Nwachukwu, at the Army Headquarters, in Abuja, on Friday. Nwachukwu said although the army has...
Read moreKogi govt: Ododo didn’t shield Yahaya Bello from arrest
Akinwande Soji-Ojo The Commissioner of Information in Kogi State, Kingsley Fanwo, has denied that reports that Governor Usman Ododo helped his predecessor, Alhaji Yahaya Bello, beat security operatives who wanted to arrest him. Officials of the Economic and Financial Crimes Commission (EFCC) had laid a siege to Bello’s Abuja residence on Wednesday, where they wanted to arrest him. But Ododo arrived...
Read moreOndo: Seven APC aspirants write Ganduje, allege sharp practices ahead of governorship primary
Akinwande Soji-Ojo As All Progressives Congress (APC) governorship primary in Ondo State slated for Saturday, April 20, draws near, seven of the 16 aspirants have raised an alarm over alleged printing of fake party slips. The aspirants also faulted the recent revalidation exercise of party members across the state, saying that most of their supporters were yet to get their party cards revalidated....
Read moreImmigration places Yahaya Bello on watchlist
Akinwande Soji-Ojo The Nigeria Immigration Service (NIS) has placed the immediate past governor of Kog State, Yahaya Bello, on a watchlist. Bello was declared wanted by the Economic and Financial Crimes Commission (EFCC) on Thursday after his absence stalled his arraignment at the Federal High Court in Abuja. The anti-graft agency alleged that Bello, alongside his nephew, Alli Bello, Dauda Suleiman and Abdulsalam...
Read moreSignificance of the feeling of shame, By Abdu-Rafiu
In every direction we look, in every aspect of public life and in relationships -business or private, there is considerable evidence that man has lost his sense of shame. We read most of the time about billions of Naira of public funds disappearing into thin air; they cannot be accounted for as they have been siphoned from the public till. When...
Read moreAfter criticism, Adeleke announces Osun logo design competition
By Emmanuel Adeleke Osun State Governor, Sen Ademola Adeleke, has announced a design competition for the logo of the state, following the criticism that trailed the quality of the initial design. Recall that the governor had on Wednesday, assented to a bill adopting a new logo for the state. Subsequently, the logo was released by the governor’s spokesperson, Olawale Rasheed, who...
Read morePDP asks Tinubu to convene special national security council meeting, rejig economic team
Akinwande Soji-Ojo The Peoples Democratic Party (PDP) has President Bola Tinubu to urgently convene a special national security council meeting to proffer a holistic solution and measures to curb the disturbing insecurity with its attendant negative consequences on Nigerians. Communique Issued at the end of the 98th Meeting of the National Executive Committee (NEC) of the Peoples Democratic Party (PDP) Today,...
Read moreEFCC declares ex-Kogi governor, Yahaya Bello wanted
Akinwande Soji-Ojo The Economic and Financial Crimes Commission (EFCC) has declared former governor of Kogi State, Yahaya Bello, wanted for offences relating to economic and financial crimes. This was contained in a notice posted on the commission’s official social media accounts on Thursday. “The public is hereby notified that Yahaya Adoza Bello (former Governor of Kogi State), whose photograph appears above...
Read moreWhitney Adeniran: Court to rule on admissibility of evidence May 2
Akinwande Soji-Ojo A Lagos State High Court sitting in Ikeja, on Thursday, fixed May 2 to rule on the admissibility of treasury receipts used to make payments for the use of facilities at Agege Stadium, the venue where the death of a student of Chrisland School, Opebi, Whitney Adeniran, occurred. Justice Oyindamola Ogala gave the date for the ruling following arguments...
Read moreMan arraigned for stealing N1.2m from deceased’s bank account in Oyo
Akinwande Soji-Ojo A middle-aged man, identified as John Timothy, has been arraigned for allegedly stealing the sum of N1.2 million from the bank account of a deceased person. The suspect was arraigned before Magistrate Oluwabusayo Osho, at Iyaganku magistrates’ court, Ibadan, on Thursday. The suspect who pleaded not guilty is facing two charges bordering on conspiracy and theft. During proceedings, Police...
Read moreOlubadan designate, Oba Olakulehin hails Iyalode line’s visit
Members of the Iyalode council in the Ibadan traditional chieftaincy system, on Wednesday, paid a courtesy visit to the Olubadan designate, Oba Owolabi Olakulehin, at his Alalubosa residence, following his nomination last Friday by the kingmakers. The visit, according to the delegation led by Otun Iyalode, Chief (Mrs) Amudalat Adekunle, was to pay their respects and congratulate the Olubadan designate on...
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