Conglomerate Transnational Corporation Plc (Transcorp) anchored the phenomenal expansion in its net profit for the first quarter of the year on a more-than-threefold increase in the cash earned from energy sales. That alone provided 57.2 per cent of its revenue for the period, figures from the corporation’s latest earnings report showed. Cost efficiency was a … Read more
Odumeje, the enigmatic and controversial Nigerian cleric-turned-entertainer, has recently captured headlines and social media buzz with his musical release “Powers,” featuring Flavour N’abania. His latest musical venture came amid a flurry of anticipation and scepticism. The song’s title and promotional material heavily highlighted Odumeje’s ‘powers.’ The collaboration with Flavour, a respected figure in the Nigerian … Read more
I have never truly understood why some convertibles are called spiders, since spiders are creepy and generally undesirable creatures and not small sporty topless fun machines. There are a few potential origins for this automotive arachnidian nomenclature mashup, one rooted in a poor translation, and one that comes from way back in the horse-drawn carriage … Read more
The House of Representatives has resolved to launch an investigation into the National Mass Metering Programme (NMMP) of the Central Bank of Nigeria (CBN) under the administration of former President Muhammadu Buhari. The lower chamber resolved to investigate the funds disbursed to the licensed electricity distribution companies by the CBN as loans under the NMMP. … Read more
TOKYO: Japan switched off its Moon lander almost three hours after a historic touchdown to allow for a possible recovery of the craft when the sun hits its solar panels, the space agency said Monday.With its unmanned Smart Lander for Investigating Moon (SLIM) mission — dubbed “Moon Sniper” for the craft’s precision landing capabilities — … Read more
President Bola Tinubu has said he is committed to a new deal to speed up the delivery of the Siemens Energy power project that will ultimately deliver a reliable supply of electricity to Nigerian homes. Mr Tinubu said this in his New Year broadcast on Monday. “Just this past December during COP28 in Dubai, the … Read more
