Author: Samuel Akpenpuun

History is unfolding today in the ancient city of Oyo as the coronation of His Imperial Majesty, Iku Baba Yeye, Oba Abimbola Akeem Owoade I, the 46th Alaafin of Oyo, takes place at Olivet Baptist High School. Dignitaries from across Yorubaland and beyond have begun arriving for the grand occasion, scheduled to commence at 11 a.m. Among the notable attendees already at the venue are the Aseyin of Iseyin, Oba Sefiu Olawale Oyebola; the Aare Ona Kakanfo of Yorubaland, Iba Gani Adams; Senator Yinus Akintunde representing Oyo Central; the Oluwo of Iwo, Oba Abdulrasheed Akanbi; and the Deputy Governor of…

President Bola Tinubu has appointed Ayo Sotinrin as the new Managing Director of the Bank of Agriculture (BOA). Sotinrin’s appointment was confirmed on Friday, April 4, 2025, in a statement signed by Bayo Onanuga, the Special Adviser to the President on Information and Strategy. Prior to his appointment, Sotinrin, who is seasoned finance and agribusiness expert, served as the Group Chief Executive Officer at SAO Group. According to the statement, Sotinrin’s leadership at SAO Agro, an agribusiness company, was marked by groundbreaking agricultural initiatives, including developing a 20,000-hectare oil palm plantation and large-scale poultry, aquaculture, maize, and cassava operations in…

Lagos state governor, Babajide Sanwo-Olu, has taken full responsibility and apologised to motorists and commuters who were trapped in traffic for hours following the closure of the Independence Bridge on Victoria Island on Wednesday. During a visit to assess the situation firsthand on Thursday, Sanwo-Olu admitted that poor and inconsistent communication about the closure played a major role in the traffic congestion. “It was due to inadequate communication, and I take full responsibility. Work had already started on the bridge, and it was assumed that people were aware,” he said. The governor also attributed the gridlock to the increased number…

Justice Deinde I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, yesterday,  convicted and sentenced Okunfulure Olusola Steve to three Months imprisonment for money laundering. Head, Media and Publicity, Economic and Financial Crimes Commission (EFCC), Dele Oyewale, said, the convict was arrested on March 28, 2025, at the Murtala Muhammed International Airport, Ikeja, by operatives of the Nigeria Customs Service (NCS), for false currency declaration to the tune of $30,0000. The NCS had, on Friday, March 28, 2025, handed him over to the Lagos Zonal Directorate 2 of the EFCC,Ikoyi, Lagos, for further investigations. Consequently, he was arraigned yesterday on…

Controversial musicians, Speed Darlington and Habeeb Okikiola, alias Portable are set to face-off in a celebrity boxing match on April 18, 2025, at the Balmoral Convention Centre in Lagos state. The feud between the two started in March when Darlington offered Portable N500,000 to perform at his forthcoming show, which Portable deemed ridiculous and an insult, noting that he charges N20 million per performance. Portable’s response sparked a heated exchange, with Darlington expressing regret for inviting Portable and accusing him of insulting his mother. Portable then challenged Darlington to a fight, boasting that he would defeat him just as he…

Sterling Bank has announced the removal of transfer fees on all local online transactions, becoming the first major Nigerian bank to eliminate the contentious charges for digital banking. The move was confirmed on Tuesday in a statement with the bank reaffirming its commitment to customer-centric banking. According to Obinna Ukachukwu, the bank’s Growth Executive for Consumer and Business Banking, the zero-transfer-fee policy is a values-driven approach aimed at ensuring fair and inclusive banking. “We believe access to your own money shouldn’t come with a penalty. This is more than a financial decision—it’s about redefining banking to put customers first” Ukachukwu stated.…

Popular comedian and filmmaker, Ayo Makun has expressed concerns over the high service charges imposed by Nigerian commercial banks. AY who questioned how banks can report massive profits despite the country’s struggling economy,  voiced frustrations on his X page. While highlighting that some of the service fees are unique to Nigeria and need to be challenged, he stressed the need for transparency and fairness in banking practices. AY wrote: “Where do banks get the trillions they declare as profits every quarter, even in a struggling economy? The small charges and debits on our accounts need to be challenged. Many of these fees…

The Nigeria Customs Service has described the alleged tenure extension of the Comptroller General of Customs, Adewale Adeniyi, as fake. The National Public Relations Officer of the service, Abdullahi Maiwada in a statement on Tuesday, said that the news was inaccurate and misleading. He explained that the appointments and tenure extensions of the CGC are made solely at the discretion of the President, in line with the provisions of the NCS Act 2023 and other relevant regulations governing public service appointments. “The attention of the NCS has been drawn to a fake release allegedly from the State House regarding an…

Wellesley Bolt, the father of eight-time Olympic gold medalist Usain Bolt, has died at the age of 68. UK Independent reports that Wellesley, father of three, passed away on Monday in Jamaica after a protracted illness. Wellesley ran a grocery store alongside his wife Jennifer and maintained a low profile. However, he played a crucial role in Usain’s career, as he rose to become an eight-time Olympic gold medallist. “I join with every Jamaican in extending my deepest and most sincere condolences to Usain Bolt, his beloved mother Mrs. Jennifer Bolt, and the entire Bolt family, following the passing of…

The Premier League will use semi-automated offside technology for the first time in matches starting from April 12. The system made its debut in English football in seven of the eight FA Cup fifth-round ties in March. Following additional non-live testing in the Premier League, the technology has now been cleared for use in the top-flight. Semi-automated offside technology is designed to improve the accuracy of tight offside calls by making parts of the process automatic. READ ALSO: Haaland Out For Up To Seven Weeks With Ankle Injury, Guardiola Confirms Virtual offside lines and graphics will be used, alongside optical…