Appeal Court reserves judgment in Adegoke’s murder

The Appeal Court in Akure, Ondo State, on Tuesday adjourned for judgment, on the murder of a postgraduate student of the Obafemi Awolowo University, Timothy Adegoke, at the Hilton Hotel and Resort, Ile-Ife, Osun State. The three-man jury, headed by Justice Olufemi Akeju, held that the date for judgment would be communicated to the two […]

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OAU students disrupt freshers’ program, chase out ex-VC’s representatives over 1999 killings

Enraged students of Obafemi Awolowo University (OAU), Ile Ife on Monday disrupted the freshers’ orientation program, forcing representatives of the university’s former Vice Chancellor, Prof. Wale Omole, to leave the event. The disruption occurred during the official welcome ceremony for new students, an annual tradition of introducing freshers to the university community. Tensions rose when […]

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APC suspends Aregbesola again

Osun State Chapter of the All Progressives Congress (APC) has again purportedly suspended Ogbeni Rauf Aregbesola, the immediate-past Minister of Interior. Aregbesola, a founding member of the party, was reportedly suspended in a letter addressed to APC National Chairman, Abdullahi Ganduje by the state chairman, Tajudeen Lawal, and his Secretary, Kamoru Alao. It was gathered […]

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Risky to invest in banking, breweries, refineries now

By Dele Sobowale ‘He is a fool who trusts to luck; one should play a safe game.” — Leo Tolstoy, 1828-1910, Vanguard Book of Quotations, VBQ, p 62. “Fools rush in where angels fear to tread.” — Alexander Pope, 1688-1744, VBQ Sometimes a national matter likely to affect the fortunes of millions of Nigerians comes […]

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Pick n Pay to exit Nigeria, sells 51% stake in joint venture

South African grocery retailer, Pick n Pay has disclosed that it will exit Nigeria by selling its 51% share of a joint venture as part of plans to restructure outside of its home market. According to Reuters, the CEO, Pick n Pay, Sean Summers stated this Monday, that the move is part of its plans […]

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Elumelu Foundation backs 20,000 African startups with $5,000 seed fund

Heirs Holdings and the Tony Elumelu Foundation have provided $5,000 in seed capital to young African entrepreneurs to spur economic growth across the continent. The announcement was made during the Future Investment Initiative New Africa Summit in Saudi Arabia, where the Chairman of Heirs Holdings and Founder of TEF, Tony Elumelu, discussed the role of […]

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Firms that left Nigeria from 2020 to 2024 over economic challenges – Full list

In recent years, Nigeria has witnessed an increasing trend of multinational and local companies shutting down or relocating their operations due to economic challenges, currency volatility, and rising operational costs. The latest company to announce its departure from Nigeria is South African grocery retailer Pick n Pay, which confirmed on Monday that it will exit […]

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North blackout: 19 governors meet, President deploys troops against vandals

A-power-transmission-system The governors of the 19 northern states on Monday called for the diversification of energy following persistent blackouts in 17 states of the region recently. Apart from Niger and Kwara, 17 states in the North are without electricity supply in the last two weeks. The worst affected are Kaduna, Kano, Jigawa, Gombe, and Katsina, […]

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Ogun shuts school, suspends principal over pupil’s death

Ogun State Governor Dapo Abiodun Ogun State Government has shut down Obada Grammar School, Obada, Idi-emi over the death of Monday Arijo, an SS2 student of the school. This followed the arrest and suspension of the teacher allegedly responsible for the death of the student on Friday last week as a result of corporal punishment. […]

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Ghana eyes Dangote refinery for petroleum imports

– to cut costs, dependence on Europe Ghana may shift to purchasing petroleum products from Nigeria’s Dangote Oil Refinery once it reaches full operational capacity, potentially cutting its $400 million monthly fuel imports from Europe. This move could signal a significant cost reduction for Ghana and reinforce regional trade in Africa. This prospect was disclosed […]

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