By Ayomide Otitoju Crude oil prices edged lower on Monday, pressured by concerns over global economic stability following a U.S. credit downgrade and weaker-than-expected industrial data from China. Brent crude futures for front-month delivery fell 37 cents, or 0.57%, to $65.04 per barrel as of 7:00 a.m. WAT. U.S. West Texas Intermediate (WTI) dropped 26…
By Ayomide Otitoju President Bola Ahmed Tinubu has called on Nigerians to embrace the nation’s diversity as a strength for national unity and development, urging citizens and leaders to turn differences into opportunities for progress. Speaking in Rome on Sunday during a meeting with members of the Catholic Bishops’ Conference of Nigeria (CBCN), Tinubu emphasized…
By Ayomide Otitoju United Bank for Africa (UBA) Plc has approached the Federal High Court in Lagos, seeking to be joined as a defendant in a legal tussle over the contested sale of the Ibadan Electricity Distribution Company (IBEDC). The suit, marked FHC/L/CS/418/2025, was instituted by 86 Gardens Limited against Archlight Nigeria Limited, Abiodun Jamiu…
By Ayomide Otitoju The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has stated that its members currently rely solely on the Dangote Petroleum Refinery for the supply of Premium Motor Spirit (PMS), citing limited local production from the Nigerian National Petroleum Company Limited’s (NNPC) refineries. In an interview on Sunday, Olufemi Adewole, Executive…
By Ayomide Otitoju Top executives of the Nigerian National Petroleum Company Limited (NNPC Ltd) have embarked on inspection visits to the Kaduna Refining and Petrochemical Company and the Port Harcourt Refining Company to assess ongoing rehabilitation efforts and operational status. The visits were led by Mumuni Dagazau, Executive Vice President (Downstream), and Udy Ntia, Executive…
By Ayomide Otitoju Keystone Bank Limited has officially reopened its fully refurbished branch at Plot 584, Ikorodu Road, Ketu, Lagos, in a move aimed at enhancing customer experience and strengthening its presence in one of Lagos’ key commercial corridors. The reopening ceremony, held on Friday, drew a notable crowd including business owners, market leaders, community…
By Ayomide Otitoju The Nigeria Customs Service (NCS), Federal Operations Unit (FOU), Zone A, Ikeja, has intercepted seven 20-foot containers loaded with contraband goods valued at ₦1.5 billion within Lagos State. Customs Area Controller, Comptroller Mohammed Shuaibu, made the disclosure on Friday while presenting the seized items to journalists. He stated that the seizures were…
Crystal Palace stunned Manchester City on Saturday with a 1-0 triumph in the FA Cup final, securing their first-ever major trophy in a landmark moment at Wembley Stadium. Eberechi Eze scored the decisive goal, while goalkeeper Dean Henderson delivered a heroic performance to deny City and compound a turbulent season for Pep Guardiola’s side. Eze…
Paolini delivered a commanding performance to become the first Italian woman in four decades to win the Italian Open, defeating American Coco Gauff 6-4, 6-2 in Saturday’s final. The 29-year-old Paolini, a late bloomer on the WTA circuit, thrilled the home crowd at Foro Italico with a straight-sets victory to secure her second career WTA…
