By Ayomide Otitoju The ongoing trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, suffered another setback on Tuesday following a heated disagreement between defence and prosecution teams over the forensic examination of a mobile phone and WhatsApp chats tendered as evidence. At the resumed hearing before Justice Rahman Oshodi of the Special…
By Ayomide Otitoju Jameson Irish Whiskey, one of Nigeria’s leading whiskey brands under the Pernod Ricard portfolio, brought its hallmark spirit of conviviality to Lagos with a five-day celebration through its Jameson Distillery on Tour (JDOT) initiative. Held from September 26 to October 1, the event blended culture, creativity, and community in a dynamic showcase…
By Ayomide Otitoju Nigeria is in talks with the Export-Import Bank of China for a $2 billion loan to finance the construction of a new “super grid” aimed at addressing the country’s chronic power shortages, the Minister of Power, Adebayo Adelabu, has disclosed. Speaking at an economic summit in Abuja on Monday, Adelabu said the…
By Ayomide Otitoju The Labour Party’s 2023 presidential candidate, Peter Obi, has urged the Lagos State government to temper its ongoing demolition exercises with compassion, warning against actions that inflict “undeserved pain” on citizens. Obi made the appeal in a statement shared on his X handle on Tuesday, days after visiting the site of the…
By Ayomide Otitoju The World Trade Organization (WTO) has revised its 2025 global merchandise trade forecast upward, citing a surge in exports linked to artificial intelligence (AI) goods and accelerated shipments to the United States ahead of impending tariff hikes by President Donald Trump’s administration. In its updated global trade outlook released on Tuesday, the…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has introduced new restrictions on Point of Sale (POS) transactions, capping daily cash-out limits at N1.2 million for agents and N100,000 for individual customers. The new directive, outlined in a circular signed by Musa Jimoh, Director of the Payments System Policy Department, was addressed to deposit…
By Ayomide Otitoju Professor Mahmood Yakubu has officially handed over the leadership of the Independent National Electoral Commission (INEC) to May Agbamuche, who will serve as Acting National Chairman of the electoral body. Agbamuche, the longest-serving National Commissioner at INEC, assumed the acting role following Yakubu’s completion of his two-term, 10-year tenure as chairman. Yakubu…
By Ayomide Otitoju Ghana’s leading oil and gas marketing company, GOIL PLC, has announced plans to commission an additional 12,000 metric tons of liquefied petroleum gas (LPG) storage capacity within the next year, backed by a $50 million investment aimed at strengthening the country’s energy security and meeting growing domestic demand. Speaking during a panel…
By Ayomide Otitoju The landmark 45th edition of GITEX GLOBAL is set to convene the world’s most advanced artificial intelligence (AI) and technology enterprises from 13–17 October 2025 at the Dubai World Trade Centre, while its co-located startup showcase, Expand North Star, celebrates its 10th anniversary from 12–15 October at Dubai Harbour. As AI capabilities…
