News
Bill Gates to give away 99% of his wealth
“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement.
The Gates Foundation plans to give away $313 billion over the next 20 years before shutting down entirely in 2045.
The move, according to Bloomberg, marks a new deadline for one of history’s largest and most influential charities.
That target would represent a doubling in spending for the non-profit foundation which has disbursed more than $100 billion since it was co-founded by Microsoft Founder Bill Gates and Melinda Gates in 2000.
Originally, the foundation was set to close 20 years after Gate’s death.
“I have decided to give my money back to society much faster than I had originally planned,” Gates, 69, wrote in a statement.
“I will give away virtually all my wealth through the Gates Foundation over the next 20 years to the cause of saving and improving lives around the world,” he added.
Credit: Bloomberg
News
National grid collapses again
Distribution load figures released at 3:12 p.m. on December 29, 2025, showed that electricity supply to the country’s power distribution companies fell drastically, indicating a widespread system failure.
The national electricity grid collapsed again this afternoon with power supply across most parts of the country dropping to near zero.
Distribution load figures released at 3:12 p.m. on December 29, 2025, showed that electricity supply to the country’s power distribution companies fell drastically, indicating a widespread system failure.
Data from the Distribution Companies (DisCos) revealed that only two operators received electricity at the time of the collapse. Ibadan Electricity Distribution Company recorded a load of 30 megawatts (MW), while Abuja Electricity Distribution Company received 20 MW.
All other DisCos were allocated zero megawatts. Benin, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, Port Harcourt and Yola electricity distribution companies all recorded 0 MW, pointing to a nationwide outage affecting major cities and regions.
In total, electricity distributed nationwide stood at just 50 MW, far below normal
normal operating levels and grossly insufficient to sustain power supply to homes, businesses and critical services across the country.
The latest incident adds to a series of grid collapses recorded in recent years, which have often resulted in nationwide blackouts and prolonged efforts to restore electricity supply.
The recurring failures have continued to raise concerns about the fragility of Nigeria’s power infrastructure and the reliability of the national grid.
News
Anthony Joshua’s accident caused by over speeding – FRSC
The FRSC Ogun Sector Command revealed that five adult males were involved in the crash., adding that two of the occupants who died on the spot were foreign nationals.
Photo: FRSC officials at the scene of the accident. Credit: FRSC
The Federal Road Safety Corps has confirmed that excessive speed and wrongful overtaking led to the crash involving British-Nigerian boxing champion, Anthony Joshua, along the Lagos–Ibadan Expressway on Monday.
The Corps Public Education Officer, Assistant Corps Marshal Olusegun Ogungbemide, disclosed stated that the Lexus Jeep, which was suspected to be travelling beyond the legally prescribed speed limit on the corridor, lost control during an overtaking manoeuvre and crashed into a stationary truck well packed by the side of the road.
The FRSC Ogun Sector Command revealed that five adult males were involved in the crash., adding that two of the occupants who died on the spot were foreign nationals.
Their remains have since been deposited at the Livewell Morgue in Sagamu.
Joshua and the driver of the vehicle were rescued by security personnel attached to his convoy and taken to a hospital, where they are currently receiving medical attention.
News
JUST IN: Anthony Joshua escapes death in Ogun auto crash
An eyewitness disclosed that there were four occupants in the Lexus at the time of the crash, with Joshua seated behind the driver. While the boxer sustained minor injuries, two occupants of the vehicle reportedly died on the spot.
World heavyweight boxing champion, Anthony Joshua, narrowly escaped death on Monday after being involved in a road accident along the busy Lagos–Ibadan Expressway at Makun area of Ogun State.
Eyewitnesses said the accident occurred at about 11:00 a.m., just before Danco Filling Station, Makun, inward the Sagamu Interchange on the Ibadan axis of the expressway.
Joshua was reportedly travelling in a Lexus SUV with registration number KRD 850 HN, which collided with a stationary truck under circumstances that are yet to be fully ascertained.
The Lexus was said to be part of a two-vehicle convoy, alongside a Pajero SUV conveying his security detail.
The Lexus was said to be part of a two-vehicle convoy, alongside a Pajero SUV conveying his security detail.
An eyewitness disclosed that there were four occupants in the Lexus at the time of the crash, with Joshua seated behind the driver. While the boxer sustained minor injuries, two occupants of the vehicle reportedly died on the spot.
-
News10 hours agoIndustrialist Nuel Ojei, dies at 74, Governor Oborevwori mourns
-
News2 days agoOver 1000 bid Olive Onwubuya “bye-bye”, awaiting resurrection
-
News2 days agoBREAKING: Nollywood Actress and Producer Allwell Ademola Passes Away at 43
-
News2 days agoFG Approves U.S airstrikes on Terrorists , says foreign minister Tuggar
-
Crime12 hours agoJUST IN: DSS Arrests Gang Leader, Accomplice in 2023 Murder of Prof. Ekanem Philip Ephraim
-
Business9 hours agoNigerians consume 1.236 million terabytes mobile data Nov’25– NCC
-
Politics9 hours agoLagos APC to begin e-registration in 20 LGAs
-
Politics9 hours agoWike tells Fubara “Supporting Tinubu won’t earn you return ticket as governor 2027”
