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Author: Ayobami Ogungbemi
Nigeria’s infrastructure drive gained fresh momentum on Tuesday as the House of Representatives approved President Bola Tinubu’s request to secure a $516.33 million loan from Deutsche Bank. The funding will support Section I of the Sokoto-Badagry Superhighway, a flagship project under the Renewed Hope Agenda aimed at transforming national connectivity. During plenary, presided over by Speaker Tajudeen Abbas, lawmakers considered the proposal through the Committee of Supply before granting approval. In his communication to the Green Chamber, the President outlined the strategic importance of the highway, describing it as a game-changing project that will link Nigeria’s far northwest to its…
Khvicha Kvaratskhelia and Ousmane Dembélé inspired Paris Saint-Germain as they edged Bayern Munich 5-4 in a breathtaking Champions League semi-final first leg at the Parc des Princes on Tuesday. The encounter delivered relentless drama and ultimately became the highest-scoring semi-final in the competition’s modern history. From the outset, both teams attacked with intensity. Harry Kane opened the scoring for Bayern from the penalty spot, but Kvaratskhelia quickly restored parity with a brilliant solo finish. Shortly after, João Neves headed PSG into the lead, although Michael Olise responded to level for Bayern in an end-to-end first half. Before the break, Dembélé…
President Bola Tinubu has congratulated billionaire businessman Dr. Mike Adenuga, describing him as a “colossus” in Nigeria’s business landscape as he marks his birthday on April 29. In a statement personally released on Tuesday, Tinubu praised the Globacom and Conoil chairman for his outstanding contributions across critical sectors of the economy. He noted that Adenuga has consistently made remarkable impact in telecommunications, oil and gas, banking, and real estate, thereby strengthening Nigeria’s enterprise ecosystem. Furthermore, the President highlighted Adenuga’s inspiring journey, stating that his rise from humble beginnings to becoming one of Africa’s most successful entrepreneurs reflects determination, vision, and…
The National Bureau of Statistics (NBS) has reported a sharp rise in fuel prices across Nigeria, revealing a significant month-on-month jump in petrol and diesel costs in its March Price Watch report. The latest figures highlight increasing pressure on households and businesses as energy expenses continue to climb. According to the report, the average retail price of petrol rose from N1,051.47 in February to N1,288.54 in March, marking a 22.55 percent increase. On a year-on-year basis, prices also edged up from N1,261.65 in March 2025 to N1,288.54 in March 2026, reflecting a 2.13 percent rise. This indicates persistent upward pressure…
Menstrual Hygiene Day is observed annually on May 28 to raise awareness about the importance of good menstrual health and hygiene management. It also works to break the stigma surrounding menstruation and ensure that women and girls can manage their periods safely and with dignity. Firstly, this global event highlights the challenges many girls face, especially in low-income communities, where access to sanitary products and clean water is limited. As a result, many are forced to miss school or work during their menstrual cycle. However, through education and advocacy, these barriers can be reduced significantly. Moreover, Menstrual Hygiene Day encourages…
A senior management official of the Dangote Group has disclosed that the Dangote Petroleum Refinery has been partially subsidising petrol and diesel supplied to the Nigerian market. This move comes as global crude oil prices continue to rise due to escalating geopolitical tensions, which are directly affecting domestic fuel stability in Nigeria. According to the official, the refinery’s N1,200 per litre ex-depot petrol price still sits below real market pressure. He explained that Brent crude jumped from about $66 to over $100 per barrel following disruptions linked to the US-Iran conflict and tensions around the Strait of Hormuz. As a…
Senator Solomon Adeola, widely known as Yayi, has officially taken a decisive step toward the 2027 Ogun State governorship race. Representing Ogun West Senatorial District, the lawmaker secured the N50 million All Progressives Congress (APC) Expression of Interest and Nomination forms, signaling his strong intention to contest for the state’s top seat. Although Adeola did not appear in person, a proxy obtained the forms on his behalf in Abuja. Meanwhile, the APC National Organising Secretary, Suleiman Argungu, formally declared the process open and presented the nomination documents, marking the beginning of what is expected to be a competitive race within…
Yusuf Datti Baba-Ahmed has officially resigned from the Labour Party. He announced this decision during a live appearance on a political programme. Furthermore, he confirmed plans to join the Peoples Redemption Party immediately. Baba-Ahmed cited internal conflicts as a major reason for his exit. He also highlighted a clear shift from the party’s original vision. According to him, the party no longer reflects its founding principles. In addition, he alleged interference in opposition politics by the ruling government. He claimed certain individuals were positioned to frustrate his political efforts. Consequently, he found it difficult to operate effectively within the party.…
James Faleke has officially obtained the All Progressives Congress (APC) Expression of Interest and Nomination forms on behalf of Bola Ahmed Tinubu, signaling the early stages of preparations for the 2027 presidential election. This development marks a significant political move as the ruling party begins to organize its internal processes ahead of the next electoral cycle. During a formal presentation in Abuja, the APC National Organising Secretary, Suleiman Argungu, handed over the forms to Faleke, who also leads the Tinubu Support Groups. Notably, Faleke completed the purchase of the forms, valued at N100 million, reinforcing strong party backing and commitment…
Lagos State Traffic Management Authority (LASTMA) will soon launch a dedicated short code to improve communication with residents, particularly motorists, across the state. According to the General Manager, Mr Olalekan Bakare-Oki, the initiative is designed to replace the existing long digit hotline with a more accessible and free short code service. He explained that the agency has completed key arrangements and is awaiting final approval from the network provider, while installation of supporting systems is ongoing. Once activated, Lagos residents will be able to report traffic congestion, road incidents, emergency situations, and officer conduct in real time. The digital call…