Author: Ifetayo Adeniyi

Nigeria’s power generation has reached 5,313MW – Adelabu Adebayo Adelabu There is possibility of power generation to hit 6,000MW before the end of this year, going by the improvements in the sector. The Federal Minister of Power has announced that Nigeria’s power generation rose to a three-year high of 5,313mw on Monday, 3 September. This is contained in a statement issued by Mr Bolaji Tunji, Special Adviser on Strategic Communication and Media Relations to the Minister of Power, Mr Adebayo Adelabu. Adelabu, therefore urged Electricity Distribution Companies (DisCos) to take more energy in order to prevent a grid collapse. “When…

Chinese Xi Jinping hosts African leaders at summit Chinese Xi Jinping hosts African leaders at summit. Chinese leader Xi Jinping will host over two dozen African leaders at a lavish dinner in Beijing on Wednesday, kicking off the city’s biggest summit in years with promises of cooperation in infrastructure, energy and education. China, the world’s number two economy, is Africa’s largest trading partner and has sought to tap the continent’s vast troves of natural resources including copper, gold, lithium and rare earth minerals. It has also furnished African countries with billions in loans that have helped build much-needed infrastructure but…

Chidinma Adetshina gives reason for her rejection at South Africa competition Chidinma Adetshina give reason for her rejection at South Africa competition Chidinma Adetshina give reason for her rejection at South Africa competition saying she was heartbroken Reflecting on her experience, Chidimma described the ordeal as “horrible and heartbreaking.” The new Miss Universe Nigeria, Chidinma Adetshina, has revealed why South Africans did not support her ambition of becoming Miss South Africa. In a recent interview with Silverbird TV, she explained that she felt unaccepted by South Africans “because of my Igbo name.” Despite being born in South Africa, the 23-year-old…

This month, RMRDC unveils raw materials database RMRDC Aiming to be the final authority on raw material data provision in Nigeria. The Raw Materials Research and Development Council is ready to launch a comprehensive raw materials database this month, a move aimed at bolstering Nigeria’s industrial competitiveness and providing crucial information to investors and manufacturers. This was revealed by the Director General and Chief Executive Officer of RMRDC, Professor Nnanyelugo Ike-Muonso, during the council’s 100 days in office celebration in Abuja on Tuesday. Addressing the media, Ike-Muonso emphasised the significance of the database, stating, “The database for raw materials that…

Prince Omoha celebrates birthday, empowers over 100 young entrepreneurs with ₦25.5m grants Prince Omoha Prince Omoha celebrates birthday, empowers over 100 young entrepreneurs with ₦25.5m grants Remarkably, Prince Omoha Nduka, founder and CEO of Prince Luxury Group (PLG), celebrated his birthday on September 3rd by significantly boosting Nigeria’s entrepreneurial landscape. The business mogul disbursed grants totaling ₦25.5 million to 102 small and medium-scale entrepreneurs from across the 36 states of Nigeria and the Federal Capital Territory (FCT). The grant disbursement ceremony, held at the PLG Headquarters in Lagos, provided each of the selected entrepreneurs with ₦250,000 in non-refundable seed capital.…

Nigeria-China:  Tinubu, Xi Jinping sign agreements Tinubu and Xi Jinping … agreed to build a high-level Nigeria-China community with a shared future. The two leaders, President Bola Tinubu and Chinese President Xi Jinping, on Tuesday in Beijing, China, announced the elevation of Nigeria-China ties to that of a comprehensive strategic partnership. They agreed to build a high-level Nigeria-China community with a combined future. President Tinubu’s official visit precedes his participation in the 2024 Summit of the Forum on China-Africa Cooperation, scheduled to hold from September 4-6, 2024. ”This is an important visit for Nigeria and the rest of Africa, as…

Osimhen warmly welcomed by fans in Istanbul, Turkey Osimhen warmly welcomed by fans in Istanbul, Turkey Osimhen’s lovers warmly welcomed him. Fans, in their hundreds, thronged the airport in Istanbul, Turkey, in the early hours of Tuesday, to welcome Victor Osimhen, who joins Galatasaray on a loan transfer from Napoli. This could only happen after Italian Serie A, Napoli FC reached an agreement with the Turkish Super Lig champions, Galatasaray to sign Victor Osimhen on a one-year loan deal. “They came here at this time of night -3 a.m. I can already feel them. I will dedicate myself for them…

Crude Oil In Naira As Dangote Produce 20 Million Litres Of Petrol In September, NMDPRA, NNPC Ltd Sign Agreement Dangote Refinery Facility will produce 20 million litres of petrol in September 2024. The Dangote Refinery will produce 20 million litres of petrol in September, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) said on Tuesday. This comes as the NMDPRA, on Tuesday, signed an agreement with the Nigerian National Petroleum Company Limited (NNPC Ltd) to sell crude oil to the refinery in Naira. A statement by the Authority said the deal is in line with the recent approval by…

BADMINTON: TINUBU HAILS AS ENIOLA BOLAJI BECOMES THE FIRST AFRICAN ATHLETE TO WIN A PARALYMPIC MEDAL At just 18 years old, Bolaji became the first African, male or female, to secure a badminton medal at either the Olympics or Paralympics, the Paralympics reports. President Bola Tinubu, on Tuesday, congratulated Eniola Mariam Bolaji on winning a medal in badminton at the Paris 2024 Paralympics, becoming the first African athlete to achieve such a feat in the sport at the Games. At the Paris 2024 Paralympics on Monday, Mariam Eniola Bolaji made history by winning a bronze medal in the women’s…

Insight Into How Yar’Adua Discouraged Otedola, Dangote From Taking Over Nigerian Refineries Insight Into How Yar’Adua Discourages Otedola, Dangote From Taking Over Nigerian Refineries. Femi Otedola, majority owner of Geregu Power Plc, revealed that the government of former President Umaru Yar’Adua derailed him and Aliko Dangote’s ambition to acquire stakes in the Kaduna and Port Harcourt refineries. The two billionaires, who had secured interests through Blue Star Consortium during former President Olusegun Obasanjo’s administration, saw their plans reversed by Yar’Adua in 2007. Had their acquisition succeeded, Otedola and Dangote would have held 20% and 51% of the refineries, respectively.…