Elon Musk’s Wealth Rises by $13bn After Trump’s Win

ADEOLA YUSUF

The wealth of billionaire Tesla and X owner, Elon Musk, has soared by about $13 billion hours after his ally, Donald Trump, won the United States presidential election. Early Wednesday, investors said Trump’s win will also be a win for Musk’s major public holding, Tesla (TSLA), sending shares of his electric vehicle maker up 13% at the market open, CNN reports. The development lifted the value of the 411 million shares of Tesla that Musk owns outright by more than $13 billion, which works out to a better than a…

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Lagbaja, Other Army Chiefs Who Died In Office (FULL LIST)

ADEOLA YUSUF

Nigeria is in mourning following the sudden death of the Chief of Army Staff, Lt. Gen. Taoreed Lagbaja, who passed away on Tuesday in Lagos after a brief illness. His death comes barely a year after he was appointed by President Bola Tinubu, marking a tragic blow to the nation’s military leadership. Lagbaja’s death also marks the third time a Chief of Army Staff has died in office, adding to a list of tragic losses among Nigeria’s military heads. Below are the ex-COAS who died in office: Joseph Akahan (August…

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Marketers Battle Dangote In Court, Insist On Petrol Import

ADEOLA YUSUF

Three oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have asked the Federal High Court in Abuja to dismiss a suit filed by Dangote Petroleum Refinery and Petrochemicals. The marketers, in a joint counter affidavit marked: FHC/ABJ/CS/1324/2024, and dated November 5, 2024, a response to an originating summon filed by Dangote Petroleum Refinery and Petrochemicals, argued that granting the application of refinery would spell doom for the country’s oil sector. They emphasised that the plan to monopolise the oil sector is a recipe for…

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Increased Crude Oil Production: NCDMB Advocates Annual FID Week

ADEOLA YUSUF

As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated for a week in each year to be dedicated to signing final investment decisions (FIDs) on new oil and gas projects. The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe made the proposal on Tuesday in his presentation at the 2024 African Energy Week (AEW), holding at Cape Town, South Africa. A final investment decision is the final point in an energy…

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How Late Army Chief Lagbaja Supported Our Fight Against Oil Theft – NNPCL

ADEOLA YUSUF

The Nigerian National Petroleum Company Limited, NNPC Ltd, has mourned the Late Chief of Army Staff, Lieutenant-General Taoreed Lagbaja, saying he rendered monumental support to the company in the fight against pipeline vandalism and oil theft in the country. He was also committed to the nation’s economic prosperity and development while alive, Olufemi O. Soneye,Chief Corporate Communications Officer,NNPC Ltd,said in a statement on Wednesday. READ ALSO: ES NCDMB, Lagos Gov Commission Bell Oil And Gas’ Pipe Threading And Valve Assembly Plant Celebrating a Life of Wisdom, Boldness and Progress: HRM…

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Sanwo-Olu, NCDMB Boss Commission First-Of-Its-Kind In Lagos Pipe, Valve Assembly Plant

ADEOLA YUSUF

A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and the Governor of Lagos State, Mr. Babajide Sanwo-Olu. Speaking at the event, the Executive Secretary hailed Bell Oil & Gas for its foresight and commitment to enhancing Nigeria’s oil and gas sector, noting that the company had invested in a key infrastructure that will meet a growing demand in…

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Celebrating a Life of Wisdom, Boldness and Progress: HRM Dr. Eze Ezo Ukandu’s Enduring Legacy

ADEOLA YUSUF

His Royal Majesty, late Dr. Eze Ezo Ukandu – the traditional head of Isuikwuato, Abia State, was an exceptional leader. His 48-year reign exemplified dedication, success and service. From entrepreneur to beloved monarch, Eze Ezo Ukandu left a lasting legacy in politics, business and community development. Dinka Ethnic Group: Tales of World’s Tallest Tribe Marry, Divorce or Die, You Have Fingers To Lose; Damn Tale of Dani Tribe ‘No Plane? No Problem,’ 5 Countries Without Airport And How To Reach Them No Fat, No Prize: Bodi Tribe Where Only Fattest…

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Donald Trump Declares Victory In US Presidential Election

ADEOLA YUSUF

“I want to thank the American people for the extraordinary honour of being elected your 47th president.”   Donald Trump has declared victory in the US election as he addressed jubilant supporters in Florida. Speaking in West Palm Beach a few hours before being confirmed as the winner of the 2024 election, he told crowds: “Look what happened – is this crazy?” – adding: “I want to thank the American people for the extraordinary honour of being elected your 47th president. “I will fight for you and your family and…

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Chief Of Army Staff, Lagbaja Is Dead

ADEOLA YUSUF

The Nigeria Chief of Army Staff Lt. General Taoreed Lagbaja has been announced dead after a brief illness. President Bola Ahmed Tinubu, through his SA on Information and Strategy Bayo Ononuga, announced Wednesdays. He said that the Lt. passed away on Tuesday night in Lagos after a period of illness. Born on February 28, 1968, Lt. General Lagbaja was appointed Chief of Army Staff on June 19, 2023, by President Tinubu. READ ALSO: ‘No, Never, APC Elders Not Sponsoring Us,’ Group Punctures Lagos Lawmaker’s Claim ‘9th Time In 11 Months,’…

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‘No, Never, APC Elders Not Sponsoring Us,’ Group Punctures Lagos Lawmaker’s Claim

ADEOLA YUSUF

. Mobilises voters for APC in Lagos   A new political pressure group, ‘Itesiwaju Mainland,’ has dispelled the rumour making the rounds that a certain federal lawmaker in the local government said the elders sponsored the formation of the group. The group, which sprung up in the Mainland Local Government Area of Lagos State, said that it poised to mobilise voters for the ruling All Progressives Congress (APC). On Thursday, the group reportedly set the council area agog when its leadership organised an inaugural meeting at the Hubert Macaulay Primary…

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