News
TCN Reports Fresh Vandalism on Lokoja–Gwagwalada Line, Disrupting Power Supply to Abuja
The Transmission Company of Nigeria (TCN) has announced a new act of vandalism on the 330kV Lokoja–Gwagwalada transmission line, affecting power supply to Abuja.
The incident, which took place early on November 9, resulted in damage to three transmission towers (T306, T307, and T308) and the theft of two spans of aluminum conductor. TCN engineers discovered the damage after several failed attempts to re-energize the line.
While an alternative line continues to supply power to the area, TCN is working to replace the damaged conductors.
This latest incident follows a series of attacks on power infrastructure, including previous cases on the Gwagwalada–Kukuwaba–Apo and Gwagwalada–Katampe lines. TCN has called on local communities to support security efforts, stressing the impact of vandalism on the stability of Nigeria’s national grid.
News
“Faithful Soldier of Christ” – Damilola Bamiloye Honors Late Korede Are
Damilola Mike-Bamiloye, the son of the renowned Christian filmmaker and evangelist Mike Bamiloye, recently took to Instagram to pay tribute to his late mentor and father figure, Korede Are, whom he affectionately referred to as “Daddy Korede.”
In an emotional post, Damilola remembered him as a dedicated servant of God who sacrificed comfort, recognition, and even his own needs to further the gospel.
He expressed deep admiration, saying Daddy Korede tirelessly ensured that the word of God reached the most remote corners of the world.
Damilola, himself a notable figure in Christian entertainment, known for his work with Mount Zion Faith Ministries, mentioned how Daddy Korede embodied selflessness.
He described him as someone with a “heart of pure gold,” a man who lived with unwavering faith and integrity until his very last moments.
According to him, Daddy Korede didn’t seek fame or praise; instead, he remained committed to his calling, consistently honoring God with his gifts, passion, and humility.
As Damilola mourns, he also rejoices in Daddy Korede’s “glorious finish”—a life he says was celebrated by God Himself. Daddy Korede may have departed, but his legacy lives on, continuing to influence countless lives within the Christian community.
Business
CBN and Finance Ministry Share Concerns Over Investment and Securities Proposed Bill
Concerns have been raised by The Central Bank of Nigeria (CBN) and the Ministry of Finance, concerning the Investment and Securities Bill which was proposed. The bill aims to replace 2007 Act and to update capital market regulations.
The CBN representative, Dr Tukur at the National Assembly hearing, opposed to the granting of the Securities and Exchange Commission over the public companies.
The Finance Minster, Wale Edun also emphasize on the impact of the bill and the provision it will offer the SEC board members. However the SEC Director General defended the bill and stated it has a benefitting role in Nigeria’s capital market globally.
News
Kebbi Government Suspends Staff Members On Land Fraud Investigation
The Kebbi Sate Government suspends staff members from the Ministry of Lands and Housing who were involved in the illegal sales. Commissioner Muhammad Dangi-Juli speaks on operating a thorough investigation on the land fraud.
It was revealed that there are two suspects who are part of this fraud mishap, they were both arrested and will face the law. The other suspects are still being chased down, arrested suspects confessed and exposed their partners in the crime.
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