By Ayomide Otitoju NNPC Limited participated in the CERAWeek by S&P Global in Houston on Wednesday, where its Chief Finance and Investor Relations Officer, Olugbenga Oluwaniyi, outlined Nigeria’s pathway to energy sovereignty. Oluwaniyi spoke during a panel session titled “African Energy Sovereignty: The ‘all-of-the-above’ strategy,” moderated by Daniel Evans. Other panelists included Bambo Ibidapo-Obe of…
By Ayomide Otitoju Nigeria’s downstream oil sector may be poised for relief following a price reduction by Dangote Petroleum Refinery & Petrochemicals, which has lowered its ex-depot price of Premium Motor Spirit (PMS) to N1,200 per litre, defying the upward trajectory of global crude oil prices driven by escalating tensions in the Middle East. In…
By Ayomide Otitoju Amid ongoing economic pressures facing many Nigerians, a simple act of kindness has sparked widespread public attention, highlighting the enduring value of empathy and a people-first approach to consumer engagement. The story of Ola Ogidan, an artisan from Ondo State, has gained national traction following an encounter at a checkpoint that shifted…
By Ayomide Otitoju The Dangote Group has reiterated its commitment to strengthening Nigeria’s industrial capacity and supporting Micro, Small and Medium Enterprises (MSMEs) as key drivers of economic growth. Speaking at the 37th International Trade Fair in Enugu, organised by the Enugu Chamber of Commerce Industry Mines and Agriculture, the South East Regional Director of…
By Ayomide Otitoju Rite Foods Limited has broadened its World Water Day campaign, extending support to essential workers across Lagos while reinforcing the 2026 theme, “Where Water Flows, Equality Grows.” Observed annually on March 22, World Water Day highlights the importance of access to clean and safe water as a critical driver of health, dignity,…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu on Thursday officially opened Irele Tower, a new nine-storey commercial complex in the Lekki Free Trade Zone (LFTZ), Ibeju Lekki, marking a major boost for Nigeria’s maritime and industrial economy. The tower, constructed by Lagos Free Zone (LFZ), is the first of six planned commercial buildings designed…
By Ayomide Otitoju An Israeli air strike has killed Alireza Tangsiri, commander of Iran’s Islamic Revolutionary Guard Corps (IRGC) navy, Israel’s Defence Minister, Israel Katz, announced Thursday. The operation, carried out Wednesday night, was described by Katz as “precise” and also targeted other senior officers of the naval command. “The man who was directly responsible…
By Ayomide Otitoju Justice Peter Kekemeke of the Federal Capital Territory (FCT) High Court has issued a bench warrant for the arrest of Tanimu Turaki, SAN, the factional National Chairman of the Peoples Democratic Party (PDP), after he failed to appear for his arraignment. Turaki faces a charge of giving false information to the police,…
A prolonged period of oil prices above $100 per barrel could slow global economic growth and push inflation higher, the European Bank for Reconstruction and Development (EBRD) warned Thursday, as the Middle East conflict drives energy costs up. The EBRD, which was initially established to support former Soviet bloc nations’ transition to free-market economies before…
