Author: Samuel Akpenpuun

Dangote Refinery has announced a reduction in the petrol price to ₦865 per litre, down from ₦15 from the previous rate of ₦880 per litre on Wednesday. The refinery said this through a notice issued on Thursday morning. Marketers had anticipated a price reduction by the refinery by the end of the week after Chinedu Ukadike, the National Publicity Secretary of the Independent Petroleum Marketers Association of Nigeria (IPMAN), said they expected a drop in price while commenting on the Federal Executive Council’s (FEC) directive to fully implement the crude-for-naira agreement with local refiners. On Wednesday, the FEC confirmed that…

United States President, Donald Trump has announced a 90-day pause on new tariffs across several countries, a move aimed at easing trade tensions that have rattled the global economy. However, in a striking contrast, Trump simultaneously escalated the economic standoff with China, raising tariffs on Chinese imports to a staggering 125%. The United States president made the announcement in a post on Wednesday evening, stating, “I have authorised a 90-day pause, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately.” The specific countries to benefit from the pause were not immediately identified. The tariff freeze…

A Federal High Court sitting in Port Harcourt, the Rivers State capital has barred the  Sole Administrator of the state, Ibok Ette Ibas from appointing Sole Administrators to run the 23 local council areas. Justice Adamu Turaki  Muhammed gave the order following a motion exparte application filed by PILEX Centre for Civic Education Initiative led by Courage Msirimovu challenging the decision to install Administrators in the Local Government Councils as a Sole Administrator for the period of six months. At the hearing, the Court stated that the motion exparte was filed on March 28, 2025 and prayed the court for many reliefs…

A baby girl has become the first child in the United Kingdom (UK) to be born after a womb transplant, marking a historic milestone in science. Grace Davidson, 36, delivered birth after receiving a womb transplant from her older sister, Amy, in a breakthrough treatment. Amy Isabel, named after her aunt and a surgeon who helped improve the transplant technique, is the first child born in the UK as a result of the treatment. Mrs Davidson, a dietician, and her husband, Angus, 37, who works in finance, expressed their overwhelming joy at the arrival of their daughter. The couple’s journey…

Actress and filmmaker Iyabo Ojo has clarified that her relationship with music executive Paul Okoye, aka Paulo, is not headed for marriage. In a recent appearance on TVC’s Your View, she explained that they are comfortable with their current arrangement and have no plans to get married. Iyabo shared that she and Paulo are both workaholics and value their independence. She mentioned that whenever she feels the need to be alone, she packs her bags and returns to her own house, and Paulo understands and respects her decision. The actress emphasised that their relationship is built on mutual understanding and respect and…

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…