By Ayomide Otitoju The Dangote Petroleum Refinery has reduced its petrol gantry price, lowering the ex-depot rate to N699 per litre with effect from December 11, in a move expected to influence downstream fuel pricing ahead of the festive travel season. The latest adjustment represents a reduction of about N129 per litre, or 15.5 per…
By Ayomide Otitoju The African Development Bank Group (AfDB) and Nedbank Group have signed a landmark financing agreement aimed at expanding access to affordable housing in South Africa and strengthening trade across the continent. The package comprises a ZAR 2.5 billion social bond investment in Nedbank Group Limited and a $60 million trade finance Risk…
By Ayomide Otitoju Lagos State Governor, Mr Babajide Sanwo-Olu, has congratulated renowned journalist, Mr Babajide Kolade-Otitoju, on his appointment as Director of News at Television Continental (TVC). Governor Sanwo-Olu described the appointment as well deserved, citing Kolade-Otitoju’s wealth of experience, professionalism and long-standing commitment to the media industry, particularly his years of service at TVC….
By Ayomide Otitoju The Lagos State Government on Thursday hosted the 2025 edition of the Christmas Carol of Nine Lessons at Lagos House, Ikeja, marking the celebration of the birth and reign of Jesus Christ. The annual event, now in its 19th edition, was themed “The Reign of the Messiah” and was attended by Governor…
By Ayomide Otitoju The US military announced Wednesday that it killed four suspected drug traffickers in a strike in the Pacific Ocean, part of a controversial campaign that has left nearly 100 dead since September. The US Southern Command said on social media that the military “conducted a lethal kinetic strike on a vessel operated…
By Ayomide Otitoju The All Progressives Congress (APC) has announced the defection of Governor Caleb Mutfwang of Plateau State from the Peoples Democratic Party (PDP), marking another high-profile shift to the ruling party. APC National Chairman Nentawe Yelwata, also from Plateau, made the announcement at the party’s 14th national caucus meeting held at the State…
By Ayomide Otitoju President Bola Tinubu has formally written to the Senate requesting National Assembly confirmation to present the 2026 annual budget. According to a letter read by the Senate President during Thursday’s plenary, the President proposed to present the budget to a joint session on Friday at 2 p.m. The proposed timing sparked concerns…
By Ayomide Otitoju President Bola Tinubu has reconstituted the board of the Nigerian Electricity Regulatory Commission (NERC), appointing Musiliu Oseni as chairman, the presidency announced Thursday. The appointments follow the Senate’s confirmation of the NERC members. Oseni, who began his service as a NERC Commissioner in January 2017 and later became Vice Chairman, assumed office…
Pope Leo XIV has raised serious concerns over the use of artificial intelligence (AI) in military applications, warning that delegating life-and-death decisions to machines constitutes a “destructive betrayal” of the principles that uphold civilisation. In his first message for World Peace Day, published Thursday, the Catholic Church’s first US pope said technological advances and the…
