September 28, 2019

TCN Tells NERC To Reset Discos’ Books Over ₦270bn debt

TCN Tells NERC To Reset Discos’ Books Over ₦270bn debt

The Transmission Company of Nigeria has asked the Nigerian Electricity Regulatory Commission to reset the books of power distribution companies in order to help clear the N270bn debt which the Discos owe the TCN.

The TCN also declared on Friday in Abuja that it now had the capacity to offset the $1.6bn loans it received from various multilateral donors.

Managing Director of the company, Usman Mohammed, disclosed these at a TCN and donor stakeholders’ meeting.

He said, “We ask that the Nigerian Electricity Regulatory Commission should agree to reset the books of the Discos. They (Discos) owe the TCN N270bn. …

Ronaldo Seals Juventus Win To Keep Pressure On Inter Milan

Ronaldo Seals Juventus Win To Keep Pressure On Inter Milan

Miralem Pjanic’s strike put the hosts in front on the stroke of half-time before Ronaldo headed his third goal of the campaign with 12 minutes remaining.

Read Also: Paul Scholes becomes Oldham’s Manager

Juve lead the table on 16 points but Inter Milan can return to the summit when they travel to Sampdoria later on Saturday.

SPAL goalkeeper Etrit Berisha made a string of impressive saves to keep the score down as the visitors fell

Manchester City; EPL Champions Thrash Feisty Everton 3-1

Manchester City; EPL Champions Thrash Feisty Everton 3-1

Manchester City had her nerves calmed by Riyad Mahrez and Raheem Sterling on Saturday as the Premier League champions overcame a searching test to beat feisty Everton 3-1 and keep leaders Liverpool in their sights.

Pep Guardiola’s team came into the match at Goodison Park knowing they could not afford to fall further behind Jurgen Klopp’s high-fliers, who earlier extended their perfect record to stretch their lead to eight points.

It appeared to be normal service for Manchester City when they took the lead midway through the first half through Gabriel Jesus but Everton hit back nine minutes later through …

Davido Promises Independence Day ‘gift’ To His Fans

Davido Promises Independence Day ‘gift’ To His Fans

A singer, David Adeleke, popularly known as Davido, seems prepared to give Nigerians an Independence Day gift of sorts.

The ‘Fall’ singer took to his Instagram page to announce that he would be releasing another song with American singer, Chris Brown, next week.

He also indicated that the song would be produced by Kiddominant.

Read Also: Burna Boy becomes Star brand Ambassador.

The new song will be Davido’s second collaboration with Chris Brown within the space of few months.

The first song, ‘Blow my Mind’ already has over 21 million views on YouTube. It was produced by Shizzi …

Chesan Nze Calls Out The Producer Who Demanded Sex For Roles

Chesan Nze Calls Out Producers Who Demanded Sex For Roles

Chesan Nze, a Nollywood budding actress recently took to her Instagram page to call out movie producers who demand for sex before starring her in a movie.

She wrote, “I am done keeping mute over the movie producers who demand sex. I do this business for the love of entertaining my people. But, these producers want me to sacrifice my dignity for my passion, after sacrificing my time for my dream. How long will this continue in Nollywood? You want to have sex as a condition before featuring an actor whom you contacted and auditioned for a role? It is …

Music Industry Neglected Mad Melon - Mountain Black

Mad Melon Neglected By Music Industry – Mountain Black

Mountain Black on behalf of the Danfo Drivers has said that the music industry neglected his recently deceased colleague, Mad Melon, before his death.

Hours after news of the artiste’s demise surfaced on the Internet; many artistes had posted his picture on social media, mourning his death. However, some of his colleagues were of the view that it was just a show of ‘fake love’. A particular artiste, Kelly Hansome, described the Nigerian music industry as disrespectful and ungrateful, stating that those mourning his colleague did not support him before his death.

In a chat with SATURDAY BEATS, Mountain Black …

Mike Pompeo Subpoenaed By House Democrats

Mike Pompeo Subpoenaed By House Democrats Over Trump’s Case

US Secretary of State Mike Pompeo has been ordered by Democrats to turn over documents relating to the Trump administration’s dealings with Ukraine.

In a letter, the heads of three House committees subpoenaed Mr. Mike Pompeo to produce the documents within a week.

It is the latest move in rapidly escalating impeachment proceedings against President Donald Trump.

He is being scrutinised for pushing Ukraine’s president to investigate his Democratic rival, Joe Biden.

In a separate development on Friday, the US special envoy for Ukraine negotiations, Kurt Volker, resigned, according to US media reports.

Washington has been rocked by a …

How I Shared ₦400m from Dasuki - Olisa Metuh

How I Shared ₦400m From Dasuki – Olisa Metuh

A former National Publicity Secretary of the People’s Democratic Party, Chief Olisa Metuh, on Friday told a Federal High Court, Abuja, presided over by Justice Okon Abang, how he distributed the ₦400million he collected from the Office of the National Security Adviser under Col. Sambo Dasuki (retd.) in 2014.

He stated that the fund was for “a special national assignment” in the run-up to the 2015 general elections.

Chief Olisa Metuh is facing prosecution by the Economic and Financial Crimes Commission alongside his company, Destra Investment on seven-count bordering on money laundering to the tune of ₦400million.

The ex-PDP …