Blackout imminent in parts of Oyo,Ogun,Osun as fire guts transmission station

There is likelihood that Oyo State, and some parts of Ogun and Osun States may experience blackout as the Ayede transmission station of the Transmission Company of Nigeria (TCN) in Ibadan got burnt this morning. The early morning fire completely burnt the Transfomer 1B, 150 mva, 330KV/132 Kv located inside the transmission station. The station supplies power to almost the whole of Oyo state, Sagamu in Ogun state and Iwo in Osun state. The inferno, which started at about 7 am, was said to have been as a result of…

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Customs: N2.9b cash in 6 bags seized at Lagos airport

The Nigeria Customs Service (NCS) on Tuesday announced that it has seized a whooping sum of $8.6 million (equivalent of N2.9 billion) cash at the Murtala Muhammed International Airport (MMIA), Ikeja, Lagos. The cash was loaded in six Bagco bags discovered in a bus operated by the Nigerian Aviation Handling Company (NAHCO), apparently in the process of being smuggled out of the country. The driver of the bus, Chimezie Okonkwo, was arrested and taken into custody with the intercepted consignment. NAHCO, a ground handling service provider, has dissociated self from…

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Heritage bank dragged to court over customer’s   N156million 

Heritage Bank Plc is facing a legal battle with one of its clients over a breach of contract in the sun of N156, 232,011 believed to have been in the bank’s coffer but not released to the owner. The company seeking redress at the Federal High Court sitting in Lagos, is a Swedish company FSA FORTEX AB. Joined as co-defendant in the ensuing legal hostility  is a Nigerian company OFOLIX INTERNATIONAL LIMITED. According to  a statement of claim accompanied by witness statement on oath of Executive Director of the Swedish…

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GTBank Masters Cup Season 9 in Semi Final Stage

After a thrilling round of football in the quarter finals, eight teams in the male and female categories have advanced to the semi final stages of the 2020 GTBank Masters Cup. All four games will be played at the Campos Stadium, Lagos Island, on Wednesday 5th February 2020, where the Semi Finalists will compete for a coveted spot in the grand finale. Last seasons winners in the male and female category, Kings College and Lead-Forte Gate College, will hope to defend their title when they take on Eko Boys High…

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