Month: June 2021

Oil hits $76/bbl mark, highest in over two years

ADESUPO OSOSANYA

OPEC+ meeting on July 1 set to discuss further easine of curbs   Oil prices rose on Wednesday, with Brent climbing above $76 a barrel to its highest since late 2018, after data showed U.S. crude inventories declined as travel picks up. U.S. crude inventories fell by 7.6 million barrels last week to 459.1 million barrels, the U.S. Energy Information Administration said, a much steeper drawdown than the 3.9 million barrels that analysts had expected in a Reuters poll. Stockpiles at Cushing, Oklahoma, the delivery point for U.S. crude futures,…

Read More

Top Banker, Prof. Soludo wins Anambra APGA’s Governorship Primary Election

Precious Ibekwe

Prof. Chukwuma Soludo, former Governor of the Central Bank of Nigeria (CBN) on Wednesday emerged the governorship candidate of All Progressives Grand Alliance (APGA) in Nov. 6 governorship election in Anambra. Soludo scored a total of 740 votes out of 792 valid votes cast by delegates. Declaring the results of the exercise, Samson Olalere, the Returning Officer said Soludo fulfilled the provisions of Electoral Act and APGA guidelines. Olalere said Soludo beat his rivals, Rep Okwudili Ezenwakwo, Damian Okolo and Thankgod Ibeh who scored 41, 7 and 4 votes respectively. He said a total of…

Read More

BREAKING: Farouk Lawan Jailed 7 Years Over $500,000 Otedola ‘Subsidy Bribe’

Aliyu Aliyu

The Dollar-In-Cap Kano-born hitherto superstar lawmaker, his grace to grass journey to jail + How Ms Otaluka became the third judge to handle the trial that has spanned over nine years.   Former Chairman of the Nigeria’s House of Representatives ad-hoc committee on fuel subsidy, Farouk Lawan, has been sentenced to seven-year imprsionment by the Federal High Court in Abuja. The court found the Kano-born politician quilty of count one, two and three bordering on corruptly obtaining bribe of $500,000 from businessman, Femi Otedola.   READ ALSO:  JUST IN: EFCC…

Read More

How Lagos Council Boss Died Days After Winning Party’s 2nd Term Ticket

Tade Salako

Olufunmi Rafiu Olatunji, the Chairman of the Eti-Osa East Local Council Development Area in Lagos, Nigeria’s commercial capital, is dead. His PR staff who revealed this in a Facebook post, gave graphical details on how Olatunji died days after winning the ticket of his party, the ruling All Progressives Party (APC) to contest for a second term.   READ ALSO: Why EFCC Is Yet To Arrest Tinubu — Bawa Opens Up on Trial of Top Politician BREAKING: Fuel Tanker Explodes On Lagos-Ibadan Expressway Bank PHB ex-MD, Francis Atuche, Jailed for…

Read More

Buhari Unleashes Six Ministers on Twitter Team as Dialogue Over Ban Begins

Aliyu Aliyu

  Six top Ministers and politicians in Nigeria have been unleashed by President Muhammadu  Buhari on the Twitter Team for talks about suspension of microblogging site in Nigeria. This was contained in a press release issued by Minsiter of Information and Culture, Lai Mohammed, and sent to Platforms Africa.   READ ALSO: Use Twitter, Go to Jail, Nigeria tells Violators of Ban Nigeria worthy of emulation, Trump Congratulates Buhari for banning Twitter Twitter Deletes Nigerian President Buhari’s ‘Civil War’ Tweet Buhari’s absence at Army Chief, Others’ burial sets Twitter on…

Read More

BREAKING: Fuel Tanker Explodes On Lagos-Ibadan Expressway

ADESUPO OSOSANYA

    “Call any of your relatives who is travelling through that route (Lagos-Ibadan Expressway) this morning, please. The fire ignited through an explosion and fanned by 33,000 litres of petrol, is still raging violently as we speak. We do not know casualty or fatality figure yet,”   A tanker fully loaded with 33,000 litres of Premium Motor Spirit (PMS) also known as petrol has exploded on Lagos-Ibadan Expressway. Casualty figure is, ad at press time, unknown in the accident at new Kara Market inbound Ibadan. which has already caused…

Read More

How Gunmen Killed ATM Customer in Ibadan + Security Tips For ATM Users

Gbenga Adeoti

  “After withdrawing huge amount of money at an ATM in UI (University of Ibadan), he was trailed to the junction, shot in his private part and later rushed to an unnamed hospital in Ojoo area of Ibadan where he was confirmed dead.”     A yet-to-be identified man was allegedly shot dead at Water bus stop, along University of Ibadan-Ojoo Road on Monday after withdrawing some cash at the Automated Machine (ATM). The News Agency of Nigeria (NAN) gathered that the man was shot in his private part and rushed to an unnamed hospital in…

Read More

Why EFCC Is Yet To Arrest Tinubu — Bawa Opens Up on Trial of Top Politician

Aliyu Aliyu

  A former Managing Director of Alpha Beta LLP has filed an action in the Lagos State High Court, requesting that Tinubu be barred from “controlling the finances of Alpha Beta.”   Abdulrasheed Bawa, the chairman of the Economic and Financial Crimes Commission (EFCC), has said that Bola Ahmed Tinubu, a former governor of Lagos State and a national leader of the All Progressives Congress (APC), is still being investigated.   READ ALSO: Confusion in EFCC as Bola Tinubu assets’ file disappears from CCB vault JUST IN: EFCC goes after…

Read More

School Proprietor, 62, Arrested for Sexually Harassing 14 Year-old Pupil

Precious Ibekwe

How he dis it, Police gives full account of how Emmanuel Madueke, proprietor of Megland Comprehensive School, assaulted the underage in his Lagos Lekki School     The Police Command in Lagos State has arrested one Emmanuel Madueke, the 62-year-old proprietor of Megland Comprehensive School, Lekki in Lagos State, for allegedly sexually assaulting and harassing a 14-year-old student of his school. This is contained in a statement issued and released on Sunday to newsmen by the Lagos State Domestic and Sexual Violence Response Team (DSVRT).   READ ALSO: Two University…

Read More

How Nigerian SS3 Pupil Killed in Troops’ Clash with Rice Smugglers + PHOTOS

Gbenga Adeoti

  Heart-rending details of how Alade Oba, 18, a student of Kankon Secondary School, was hit by stray bullet, killed less than 7 weeks to final examination (WASSCE) in secondary school   An SS3 student was shot dead during a clash between security operatives of the Joint Border Patrol Team (JBPT) and suspected rice smugglers around Owode-Apa, Irosu village near Badagry on Saturday. The News Agency of Nigeria (NAN) gathered that Alade Oba (18), was hit by stray bullet and died on the spot during the clash with JBPT comprising Customs, Army and Immigration.  …

Read More