Just another News Updates
Nigerian commercial banks experienced a staggering loss of ₦42.6 billion to fraud and forgeries between April and June 2024, according to a recent report. This amount, lost in the second quarter of 2024 alone, surpasses the total losses from fraud in all of 2023, when banks reported ₦9.4 billion in losses. The data was revealed […]
The Nigerian National Petroleum Company (NNPC) Limited has begun the deployment of trucks to the Dangote Refinery in preparation for the scheduled loading of petrol on Sunday, September 15, 2024. According to the company’s Chief Corporate Communications Officer, Olufemi Soneye, in a statement posted on X (formerly Twitter), 300 NNPC trucks are expected to be […]
Tragedy struck in Gummi town, the headquarters of Gummi Local Government Area in Zamfara State, as 41 people are feared dead following a devastating boat accident. The victims were en route to their farms when the boat they were traveling in capsized early on Saturday morning. According to an eyewitness and resident, Abubakar Muhammad, the […]
Former Zamfara federal lawmaker, Hon. Sani Ibrahim Rowandoruwa, popularly known as Danmajen Maru, has passed away. Sani Ibrahim represented the Maru and Bungudu Federal Constituency during his time in office. While the exact cause of his death remains unclear, further details are expected to be released soon. The Spectacles is monitoring the situation for updates. […]
The Federal Government has pledged to cover the revenue shortfall resulting from the disparity between cost-reflective electricity tariffs and the lower tariffs currently paid by customers of the Kano Electricity Distribution Company (KEDCO). This commitment was outlined in a supplementary order issued in September 2024 by the Nigerian Electricity Regulatory Commission (NERC) under its Multi-Year […]
The Federal Government has announced that the Nigerian National Petroleum Company Limited (NNPCL) will be the sole buyer of Premium Motor Spirit (PMS) from Dangote Refinery. Under this new arrangement, independent marketers interested in purchasing the product must do so through NNPCL’s trading company. This decision forms part of a broader agreement reached between the […]
In another breakthrough against terrorism, security forces have neutralized Sani Wala Burki, a notorious terrorist leader responsible for a series of violent attacks in the Safana and Batsari Local Government Areas (LGAs) of Katsina State. Burki and numerous members of his group were killed during a joint operation involving local vigilantes and the Katsina Community […]
The Federal Government and Dangote Refinery have finalized an agreement to commence the loading of Premium Motor Spirit (PMS), also known as petrol, for local consumption starting Sunday, September 15, 2024. This development was announced by the Presidential Committee on the Sale of Crude Oil and Refined Products following a meeting held in Abuja on […]
The Federal Government, through the Presidential Compressed Natural Gas Initiative (P-CNGi), has ramped up the distribution of auto gas conversion kits to states across Nigeria. This move aims to accelerate the adoption of Compressed Natural Gas (CNG) as a primary automotive fuel, advancing the government’s push for cleaner and more affordable energy options. Addressing the […]
The Federal Government on Thursday inaugurated a 16-member committee in Abuja to address salary adjustments following the enactment of the National Minimum Wage Act, 2024. The committee’s mandate is to discuss consequential adjustments in salaries as a result of the newly approved ₦70,000 minimum wage. During the inauguration, the Head of Service of the Federation, […]