ELECTRICITY Distribution Companies also known as the DisCos posted measurable operational gains, with tariff collection efficiency rising to 80.7 per cent, up 4.63 percentage points in the third quarter of 2025. The increase in revenue signals gradual improvements in revenue recovery amid non–cost-reflective tariffs, according to the latest data released by the Nigerian Electricity Regulatory Commission (NERC) obtained by News Point Nigeria. According to the report, despite the introduction of the Band ‘A’ tariff regime, government subsidies remained a critical lifeline for the electricity value chain, accounting for 58.63 per cent of total GenCos’ invoices in Q3. The Federal Government…
Author: Gbenga Mukhtar
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FORMER world heavyweight champion Anthony Joshua is reportedly considering retirement from professional boxing following a tragic car crash in Nigeria that claimed the lives of two of his closest friends and members of his training team. Joshua’s uncle, Adedamola Joshua, disclosed this exclusively to this newspaper saying the 36-year-old boxer had privately communicated his decision to family members after the fatal incident last week. “The major thing there is that he has retired from boxing,” Adedamola said during a visit to the family home in Sagamu, Ogun State, on Monday. “That is one thing that makes us glad because each…
SUSPECTED bandits have attacked the busy Isanlu–Isin–Omu Aran road in Kwara State, kidnapping at least four travellers. News Point Nigeria gathered that the incident occurred in the early hours of Monday, when armed men ambushed motorists along the highway, a key route linking communities in Kwara South to the state capital, Ilorin. A source familiar with the incident told this newspaper that the attackers operated freely on the road, forcing vehicles to stop before whisking the passengers to an unknown location. “Bandits are still heavily present in the area and are actively targeting travellers heading towards Ilorin,” the source…
THE Janaza (funeral prayer) for the close associates of boxing star Anthony Joshua is set to be held on Sunday in London. News Point Nigeria reports that Sina Ghami and Abdul Latif Kevin Ayodele tragically lost their lives in a road accident in Nigeria last Monday. Anthony Joshua was also involved in the accident but escaped with minor injuries. At the London Central Mosque, several people were gathered for the Janaza (funeral) prayer, with a funeral for Ghami expected to take place at Hendon Cemetery and Crematorium from noon. A wake for the pair is also scheduled to take place…
FRESH details have emerged surrounding the fatal road accident involving former world heavyweight boxing champion Anthony Joshua, revealing that the boxer may have narrowly escaped death after swapping seats moments before the crash that claimed the lives of his two close associates. According to a report by the Daily Mail sighted by News Point Nigeria, Joshua initially occupied the front passenger seat of the Lexus SUV before switching to the back seat shortly before the vehicle smashed into a stationary truck along the Lagos–Ibadan Expressway in the Makun area of Ogun State. The crash, which occurred on Monday, December 29,…
THE Ogun State Police Command has arraigned the driver of a Lexus SUV involved in the road crash of heavyweight boxing champion Anthony Joshua. News Point Nigeria reports that the suspect, Adeniyi Mobolaji Kayode, was brought before a Sagamu Magistrate Court in the Sagamu Local Government Area of Ogun State on Friday, January 2, 2026. Confirming the development, the Police said the 46-year-old driver was formally charged in connection with the accident. “I wish to inform the general public that the driver of the Lexus SUV involved in the Anthony Joshua accident case, Adeniyi Mobolaji Kayode (male), aged 46, was…
THE last have not been heard of Anthony Joshua’s auto crash Anthony Joshua’s auto crash after word filtered in from Abeokuta, Ogun State capital that Anthony Joshua’s ill-fated driver, Kayode Adeniyi might appear in court on Friday (today). An officer from Ogun State Police Command who pleaded anonymity told News Point Nigeria that Adeniyi is currently being interrogated at Eleweran Police Station. “He is in a stable condition and was able to provide us with his version of events that led up to the crash and we expect a charging decision within the next 48 hours but the bank holiday…
BOXING champion Anthony Joshua has been discharged from hospital following a road accident along the Lagos–Ibadan Expressway on Monday , which claimed the lives of his two close friends, Lateef Ayodele and Cina Gami. In a Wednesday statement co-signed by Gbenga Omotoso, Commissioner for Information and Strategy, Lagos State, and Kayode Akinmade, Special Adviser on Information and Strategy, Ogun State sent to News Point Nigeria, the governments of Lagos and Ogun states expressed their condolences to the families of the deceased. “The governments of Lagos and Ogun states once again commiserate with the families of the two young men, Lateef…
FINANCIAL institutions will start charging senders a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026, following the implementation of the Tax Act. This was disclosed in notices seen by News Point Nigeria sent by Nigerian banks to their customers ahead of the policy’s implementation. The stamp duty or electronic money transfer levy (EMTL) is a single, one-off charge of ₦50 on electronic receipt or transfer of money deposited in any commercial money bank or financial institution on any type of account on sums of ₦10,000 and above. In an email sent to customers on…
THE family of world heavyweight boxing champion Anthony Joshua has expressed deep concern over their inability to gain access to the boxer following the fatal road accident that occurred on Monday along the Lagos–Ibadan Expressway, which claimed the lives of two of his close associates. News Point Nigeria reports that speaking to journalists on Tuesday at the family residence in Ijokun, Sagamu, Joshua’s uncle, Adedamola Joshua, described the incident as a “rude shock” and said the family was distressed by the lack of direct information and access to the boxer. According to him, the family only became aware of the…
THE Independent National Electoral Commission (INEC) has released the provisional list of governorship and deputy governorship candidates for the June 20, 2026 Ekiti State governorship election, with the Peoples Democratic Party (PDP) conspicuously absent from the list. The list, which was seen by News Point Nigeria on Monday, displayed at the INEC state office located along New Iyin Road, Ado-Ekiti, in line with the provisions of the Electoral Act 2022. According to the commission, the provisional list features candidates from 12 registered political parties, all of whom successfully submitted their nomination forms within the stipulated timeframe. Leading the field is…
TWO persons have been confirmed dead following a road traffic accident involving Nigerian-British boxing champion, Anthony Joshua, along the Lagos–Ibadan Expressway in Ogun State. The accident occurred on Monday when a vehicle conveying the former world heavyweight boxing champion reportedly collided with a stationary truck on the busy highway. News Point Nigeria gathered that the vehicle, a Lexus Sport Utility Vehicle with registration number KRD 850 HN, was part of a convoy carrying Joshua when the crash occurred. Confirming the incident, the Spokesperson of the Federal Road Safety Corps (FRSC), Ogun State Command, Afolabi Odunsi, said two people lost their…
RESIDENTS of Offa, a major commercial town in Kwara State, were thrown into panic late Thursday night after explosions rocked parts of the community, damaging properties and triggering widespread fear, barely hours after the United States announced airstrikes against Islamic State (ISIS) targets in northwest Nigeria. The incident, which occurred around midnight on Christmas Day, was reported at two different locations within Offa, heightening anxiety among residents already on edge following news of the US military action in Sokoto State. Eyewitnesses told News Point Nigeria that the first explosion struck buildings around the Eid praying ground area, a densely populated…
THE Ojibara of Bayagan Ile, Kamilu Salami, who was abducted 25 days ago by bandits, has been released. News Point Nigeria report that the monarch, who was abducted on his farm, fateful Saturday morning, was released on Tuesday night. Residents of the community have been thrown into a frenzy of joy and happiness following the monarch’s release. The palace was bombarded with jubilant residents, who crowded to catch a glimpse of their monarch, and more importantly, congratulate him and the family for their safe return to the palace. Spokesperson of the community, Ayinla Lawal, confirmed the releaseon Wednesday. Ayinla said…
THE Federal High Court in Abuja has ordered the final forfeiture of two large parcels of land designated for the proposed Goodluck Jonathan Legacy Model Housing Estate, following allegations of financial impropriety surrounding the project. News Point Nigeria reports that Justice Mohammed Umar made the order while delivering a ruling on a motion on notice filed by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The application was moved by ICPC counsel, Osuobeni Akponimisingha, and was unchallenged by the defence. Counsel to the defence, Hassan Liman, SAN, raised no objection to the forfeiture request, prompting the court to…
SECURITY agencies have arrested two men suspected of being fighters of the Islamic State West Africa Province (ISWAP) in Lagos, raising renewed concerns about the expansion of terrorist networks beyond Nigeria’s conflict-ravaged north-east. News Point Nigeria reports that the suspects, identified as Modu Gana and Ibrahim Dugge, were reportedly taken into custody on Sunday morning by operatives of the Department Of State Security (DSS) in the Apapa area of Lagos State. According to security sources, the arrests were carried out at about 8:45am, after which the suspects were immediately taken in for interrogation. The circumstances leading to their arrest were…
HEIRS Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank). The transaction was concluded at a signing ceremony in Abuja on Saturday 20th December 2025, attended by Mr. Tony O. Elumelu, CFR, Chairman of Heirs Energies, and Dr. George Elombi, President and Chairman of Afreximbank. The transaction represents one of the largest financings secured by an indigenous African energy company and demonstrates lender confidence in Heirs Energies’ operating performance, governance standards, proprietary brownfield excellence capability, and long-term growth trajectory. Since assuming operatorship of OML 17, Heirs Energies has…
THE Deputy Inspector-General of Police (DIG), Theophilus Akeredolu is dead. Akeredolu died on December 9, 2025. A statement issued on Sunday by the Force Public Relations Officer, CSP, Benjamin Hundeyin sent to News Point Nigeria said, “The Nigeria Police Force announces with deep sorrow the passing of a distinguished senior retired police officer and elder statesman, Deputy Inspector-General of Police, Chief Theophillus Adetunji Akeredolu, who passed to glory on 9th December, 2025 “Born on 25th October, 1942, the late DIG Akeredolu devoted several decades of his life to the service of the Nigeria Police Force and the nation at large.…
THE Ekiti State Government has sacked a surgeon, who was accused of removing the kidney of a patient without their prior consent at the Ekiti State University Teaching Hospital (EKSUTH). This was contained in a statement signed and made available to News Point Nigeria by the Commissioner for Health, Oyebanji Filani. It also recommended that all members of the surgical team present in the theatre on the day of the operation are to be suspended from duty for a period of one month, pending further administrative review. This decision followed the detailed report submitted by the seven-member panel of enquiry,…
THE Lagos State Police Command has arrested and detained popular TikTok streamer Habeeb Hamzat, popularly known as Peller, following a viral video showing him driving and threatening to crash his car while livestreaming. His action resulted in a road crash on the Lekki-Epe Expressway in Lagos. In a statement sent to News Point Nigeria on Wednesday and signed by the Police Public Relations Officer, Abimbola Adebisi, the force said the arrest followed the circulation of a video recorded on Sunday, in which the 20-year-old content creator was seen driving while visibly distressed, eventually crashing his vehicle. According to the police,…