PRESIDENT TINUBU RECONSTITUTES THE BOARD OF THE NIGERIAN ELECTRICITY REGULATORY COMMISSION. (PHOTO). #PRESS RELEASE

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 STATEHOUSE PRESS RELEASE   President Tinubu Reconstitutes the Board of the Nigerian Electricity Regulatory Commission   President Bola Ahmed Tinubu has approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission (NERC), following the Senate's confirmation of its members on December 16.   Members of the reconstituted Board are:   • Mulisiu Olalekan Oseni, PhD. — Chairman   Dr Oseni started his service as a Commissioner in January 2017. He was subsequently appointed Vice Chairman of the Commission.   His appointment as Chairman took effect from 1 December 2025 and shall subsist until the completion of his ten-year tenure at the Commission, in accordance with the provisions of the Electricity Act, 2023.   • Yusuf Ali, PhD. — Vice Chairman   Dr Ali was first appointed as a Commissioner in February 2022. His designation as Vice Chairman took effect on 1 December 2025 and shall remain in effect until the completion o...
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FOUNDER OF FASHION CHAIN MANGO DIES IN ACCIDENT AGED 71.(PHOTO).

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 Founder of fashion chain Mango dies in accident aged 71


Isak Andic, the billionaire founder of high street fashion chain Mango, died in an "accident" on Saturday, according to the company.

Spanish media reported the 71-year-old fell down a ravine to his death while hiking in a mountain range outside Barcelona. 

His son was at the scene of the accident, according to the El Pais newspaper.

The Turkish-born businessman founded Mango in Barcelona in 1984 and the chain now operates in 120 countries. Forbes estimated Andic's net worth to be $4.5bn.

Mango CEO Toni Ruiz said in a statement: "His departure leaves a huge void but all of us are, in some way, his legacy and the testimony of his achievements. 

"It is up to us, and this is the best tribute we can make to Isak and which we will fulfill, to ensure that Mango continues to be the project that Isak aspired to and of which he would feel proud."

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