S. A: LIMPOPO ANTI-SMUGGLING TEAM INTERCEPTS STOLEN R900 000 TOYOTA PRADO HEADED FOR BORDER. (PHOTO).

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 Limpopo anti-smuggling team intercepts stolen R900 000 Toyota Prado headed for border A 24-year-old suspect has been arrested after police intercepted a stolen Toyota Prado VX Series valued at approximately R900 000 during an intelligence-driven anti-smuggling operation in Limpopo. According to SAPS, members of the Provincial Tracking Team, Provincial Investigation Unit, Limpopo Tactical Response Team and Tshimollo Security acted on information about a luxury vehicle allegedly stolen in Gauteng and being transported towards the Beitbridge border. Police spotted the vehicle speeding along the R101 South in the Westernburg policing area on Thursday, 4 June 2026. The driver allegedly ignored instructions to stop, leading to a high-speed chase. The pursuit ended at the intersection of the R101 and R519 roads, where police successfully forced the vehicle to stop and arrested the suspect. Preliminary investigations revealed that the Toyota Prado had been reported stolen in Benoni on 30 ...
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FG RAISES 501 BILLION NAIRA TO SETTLE GENCOS DEBT. (PHOTO).

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 FG RAISES 501 BILLION NAIRA TO SETTLE GENCOs DEBT


Federal Government has raised 501 billion naira from the bond market to settle part of more than four trillion naira debt owed power generation companies in the country.


The funds were raised through the issuance of two bond tranches: a 300 billion naira 7-year 17.50 percent Series 1 (Tranche A) bond and a 201.02 billion naira 7-year 17.50 percent Series 1 (Tranche B) bond.


Nigerian Bulk Electricity Trading Plc,  NBET issued the bond.


The issuance is  guaranteed by the Federal Government under the Presidential Power Sector Debt Reduction Programme.


Fourteen generation companies signed the deal, describing it as a game changer that will address the liquidity crisis in the power sector.

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