Power Surge Triggers Fire in Ilorin, One Dead

Abuja: Fire Guts Kugbo Furniture Market, Firemen Awaits “Authorization”

On Sunday morning, while the traders of Kugbo Furniture Market were at prayer, their livelihoods were reduced to charcoal. The fire, which razed fifteen shops and several homes, was not particularly sophisticated; it was fueled by the predictable cocktail of sawdust, varnish, and polyurethane foam. Yet, the real accelerant was not chemical, but administrative. The…

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Man Electrocuted In Awka While Vandalising Transformer

  A heavy explosion at a transformer substation in Ogechukwu Street, Awka, claimed the life of an unidentified man suspected of attempting to steal electricity cables from FirstPower Electricity Distribution Company Limited early Tuesday morning. The incident highlights the ongoing dangers of energy theft in Anambra State’s capital, where the suspected vandal, dressed in a…

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Cardoso-Led CBN Reduces MPR to 26.5%

Nigeria’s central bank has reduced its benchmark lending rate for the first time in years, signalling a cautious but consequential shift in monetary policy direction as the country’s economic managers begin to ease the aggressive tightening that defined much of the past two years. The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, announced on…

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