Author: Ifetayo Adeniyi

President Tinubu expresses satisfaction at Dangote’s diesel price cut, impacts on goods President Bola Tinubu, on Wednesday, applauded Dangote Oil and Gas Limited for reducing the gantry price of Automotive Gas Oil, also known as diesel, from N1,650 to N1,000 per litre. The Dangote Group recently reviewed downwards the gantry price of AGO from N1,650 to N1,000 per litre for a minimum of one million litres of the product, as well as providing a discount of N30 per litre for an offtake of five million litres and above Tinubu described the move as an “enterprising feat” and said, “The price…

African Football League will Replace Confederation Cup – CAF The Confederation of African Football, CAF, is set to scrap its second-tier club competition, the Confederation Cup, according to reports. The Confederation Cup was established in 2004 from a merger of the CAF Cup and the African Cup Winners’ Cup. CAF introduced a new competition, the African Football League last year. The African Football League, which started with eight teams will now be expanded to include more teams. It will now be the major club competition on the continent. The CAF Champions League will take the place of the CAF Confederation…

As Primate Ayodele plans To Hold 3rd Edition Of Palliative Market, A New Church Will Be Planted The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele is set to hold the third edition of his palliative market initiative and planting of a new church auditorium in Ekiti state on Friday, 26th of April, 2024. This, according to the prophet, is to further reduce the impact of economic hardship on the people of Ekiti state and to also spread the gospel of Jesus Christ on showing love to the needy and providing for the poor without allowing distance to cause…

Game: Osinbajo congratulates Tunde Onakoya ahead of 58-hour chess marathon Former Vice President Yemi Osinbajo and Chess Master Tunde Onakoya Former Vice President, Prof. Yemi Osinbajo, has sent his well wishes to Nigerian Chess Master, Tunde Onakoya, as he attempts to break the 58-hour chess marathon record. The founder of Chess in Slums Africa, had announced that he will attempt to break the Guinness World Record (GWR) for the longest chess marathon without losing a game. Onakoya said he would attempt to play several chess games for 58 hours without losing a single game. He added that he hopes to…

Praises as Ooni Hails Arrival of Locally Sourced Tingo Cola and Tingo Electric Energy Drink at Lagos Launch L-R: Alara of Ilara Kingdom, Oba Olufolarin Ogunsanwo; Ojaja II, Ooni of Ife, Oba Adeyeye Enitan Ogunwusi; his wife Olori Mariam Ogunwusi; and Founder, Tingo Group, Dozy Mmobuosi, at the official unveiling of Tingo Cola and Tingo Electric Drinks, in Lagos on Tuesday, April 16, 2024. The Ooni of Ife, Oba Adeyeye Enitan Ogunwusi, Ojaja II has described the launch of Tingo Cola and Tingo Electric energy drink as a dream come true, adding that the products will bring pride to Africa.…

FOOD DRINK: OONI UNVEILS TINGO DRINKS, SAYS NIGERIA CAN LEAD CONTEST FOR GLOBAL MARKETS The Ooni of Ife, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II has expressed full confidence in Nigeria’s potential to lead the entire continent of Africa to compete in the global market with quality goods, especially in the carbonated and beverage drinks industry. The monarch made this remark Tuesday, 16 April during the unveiling of Tingo Cola –flavoured carbonated– and Tingo Electric, an energy drink respectively, produced by Tingo B.V. PLC; a spin-off company from his Ojaja Pan Africa Limited at Lekki Lagos. Ooni believes Nigeria has…

OPSN: A great number of private enterprises using electricity set to shut down due to hike The Organised Private Sector (OPSN) has revealed that over 65 percent of private businesses, especially manufacturing concerns and Secondary Market Intervention Sales (SMIs), may be forced to close down on the back of the high electricity tariff. In a statement seen by BusinessDay, the organisation said that the increase is coming on the heels of macroeconomic instability, infrastructure deficits, as well as other supply-side constraints limiting the performance of the productive sector. “It (the new tariff) will have negative trickle-down effects and certainly impoverish…

Dr Ibijoke Sanwo-Olu gives encouragement to women to welcome skills in IT The wife of Lagos State Governor, Dr Ibijoke Sanwo-Olu, encouraged women to harness technology and digital skills. She emphasised the transformative potential of tech to give women a level playing field in the digital sphere. A statement obtained Tuesday noted that Ibijoke made the remarks while representing the wife of the President, Senator Oluremi Tinubu, at the launch of the South-West Huawei Renewed Hope Initiative Women in Tech Training. The initiative aims to empower women entrepreneurs with essential tech and digital skills to drive economic growth and development.…

Excitement As Dangote Drops Diesel Price From N1,200/Litre To N1,000/Litre The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of Automotive Gas Oil, popularly called diesel. On Tuesday, the refinery announced a reduction in the price of diesel from N1,200/litre to N1,000/litre, a development that triggered excitement among operators in the downstream oil sector. Dangote refinery announced this in a statement issued on Tuesday by its spokesperson, Nduka Chiejina. The statement read in part, “In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price…

Adopting new logo, Adeleke signs bill for Osun’s new identity Mr Ademola Adeleke, the Osun State Governor, has assented to a bill adopting a new logo for the state, describing the new symbol as a signal of new rebirth for Osun. A statement by the spokesperson to the governor, Olawale Rasheed, obtained in Osogbo on Wednesday, said the ceremony where the bill was signed was witnessed by the Speaker of Osun State House of Assembly, Adewale Egbedun. Giving details of a the new logo, Rasheed explained that “The Circle- The circle replacing the shield symbolised perfection and wholeness. Y –…