By Ayomide Otitoju Dangote Petroleum Refinery has announced a nationwide initiative to distribute petrol and diesel at no cost to marketers, dealers, and large-scale users, beginning August 15, 2025. In a statement released on Sunday, the Lagos-based facility said the program is part of its broader strategy to ease logistics costs, enhance energy access, and…
By Ayomide Otitoju Nobel Laureate, Professor Wole Soyinka, has called on President Bola Tinubu to initiate an official investigation into the unresolved deaths of prominent Nigerians, including journalist Dele Giwa, former Attorney General Bola Ige, and pro-democracy activist Kudirat Abiola. Speaking to select journalists in Lagos on Saturday as part of Democracy Day reflections, Soyinka…
Former U.S. President Donald Trump has disclosed earning over $57 million from the sale of cryptocurrency tokens linked to a blockchain venture launched ahead of the 2024 election. According to a federal financial disclosure form released Friday by the Office of Government Ethics, Trump’s income was primarily generated through World Liberty Financial tokens, a project…
Russian President Vladimir Putin has told U.S. President Donald Trump that Moscow is ready to resume peace talks with Ukraine after June 22, once the ongoing prisoner and body exchange programs are completed. The announcement followed a fifth phone call between the two leaders since Trump’s return to office. According to the Kremlin, both leaders…
A helicopter carrying Hindu pilgrims to the Kedarnath temple in India’s Himalayan region crashed on Sunday, killing all seven people on board, including a toddler and the pilot. The aircraft, operated by a private charter company, went down during a flight in Uttarakhand state due to suspected poor weather, according to district tourism officer Rahul…
By Ayomide Otitoju Leading telecommunications company, Airtel Nigeria, has concluded its 2025 World Environment Week activities with a large-scale market cleanup at Elegushi Model Market in Jakande, Lekki, Lagos, under the campaign theme “Ending Plastic Pollution.” The cleanup, which took place in collaboration with Ecobarter Company, a social enterprise promoting the circular economy, formed part…
By Ayomide Otitoju The Economic and Financial Crimes Commission (EFCC) on Friday arraigned Halima Buba, Managing Director and Chief Executive Officer of SunTrust Bank, alongside Innocent Mbagwu, the bank’s Executive Director and Chief Compliance Officer, over an alleged $12 million money laundering scheme. Appearing before Justice Emeka Nwite of the Federal High Court in Abuja,…
By Ayomide Otitoju The Managing Director of Palmpay Limited, Mr. Chika Nwosu, may face imprisonment as the Federal High Court in Lagos prepares to hear a committal application accusing him of contempt in a ₦95 million cyber fraud case. The legal action, brought by PRO INTERNATIONAL CONCEPT through its counsel, Bayo Omotubora & Co., seeks…
By Ayomide Otitoju Zenith Bank Plc has become Nigeria’s most capitalized financial institution in terms of share capital and share premium, reaching a total of ₦614.65 billion—well above the ₦500 billion threshold set by the Central Bank of Nigeria (CBN) for banks with international licenses. The CBN in March 2024 directed all commercial banks with…
