Author: Ifetayo Adeniyi

Manny Ita Tension escalated in Lagos and Anambra states on Wednesday, January 28, 2026, as security operatives moved to disperse separate mass protests that paralyzed major urban centers. In Lagos, police deployed tear gas and fired shots into the air to scatter hundreds of displaced residents from the Makoko, Oworonshoki, and Ijora Badia communities who had gathered at the Lagos State House of Assembly in Alausa. The demonstrators, led by activist Hassan Soweto, were protesting the ongoing demolition of their homes, which they characterized as a government-backed “land grab” aimed at clearing space for luxury real estate developments. Several protesters,…

NNPC Increases Fuel Price by N50 in Lagos Following Dangote Refinery Increase By Elegbede Abiodun The Nigerian National Petroleum Company, NNPC, has raised the petrol price to N835 per litre in Lagos, and N839 per litre in Abuja. On Wednesday, the national oil company made the price increments across retail outlets in both cities. NNPC adjusted the price of the product by N50 from N785 per litre in Lagos and by N20 from N815 in Abuja. This development had come a day after the Dangote refinery increased the ex-gantry price of its petrol to N799 per litre. The refinery…

TikTok star Peller turns away from school just days after admission Peller Popular TikTok content creator Peller, whose real name is Habeeb Hamzat, has announced his decision to quit his university education, just days after celebrating his admission to study law at a private university in Lagos State. He had revealed this during a live session on TikTok, where he cited financial concerns and the potential impact of schooling on his income as reasons for the decision. According to the influencer, spending long hours in class without earning money was frustrating and unsustainable for him at this stage of…

Nigeria To Achieve Daily Crude Production Of 146,000 From Chevron-NNPC New Discovery By Elegbede Abiodun Chevron-NNPC New Discovery Shell plans to invest $20 billion in the Bonga South West deepwater project. A joint venture operated by Chevron has made an oil and gas discovery offshore Nigeria as international majors bolster exploration amid the top African producer’s efforts to boost hydrocarbon output and offer more favourable terms for investments. The Nigerian National Petroleum Company Limited (NNPCL) on Monday hailed Chevron Nigeria Limited (CNL), operator of the NNPC Ltd/CNL joint venture, on the successful completion of the Awodi-07 appraisal and exploration well…

2026 UTME: Essential Things Candidates Should Know on Registration By Elegbede Abiodun With the sale of registration forms for the 2026 Unified Tertiary Matriculation Examination (UTME) going on nationwide, the Joint Admissions and Matriculation Board (JAMB) has assured prospective candidates of a smooth, transparent and efficient registration process. While many secondary school leavers and other applicants prepare to take this crucial step towards tertiary education, understanding the rules, timelines and requirements is essential to avoid costly mistakes. JAMB had said it already put robust mechanisms in place to guarantee top-notch service delivery throughout the registration exercise. Candidates are therefore…

Presidency, Sterling One Foundation Co-host Africa Social Impact Summit Policy Engagement By Elegbede Abiodun Vice President, in a statement, said Nigeria’s future prosperity would depend on the effectiveness of collaboration across sectors. The Office of the Vice President to co-host the 2026 Africa Social Impact Summit (ASIS) High-Level Policy Engagement, as stakeholders converge to deepen policy reforms and mobilise partnerships accelerating inclusive growth and national development. Co-hosting with the Sterling One Foundation, the engagement is positioned as a national platform for translating continental development commitments into concrete, country-level action. It will align policy reform efforts, private-sector mobilisation, and development…

World Bank Mobilises $5bn Private Capital, Commits $2.5bn To Nigerian Suppliers In 5 Years By Elegbede Abiodun Vincelette said Nigerian companies have already benefited significantly from the Bank’s procurement activities. The World Bank Group said it had committed more than $2.5 billion to Nigerian suppliers over the past five years, funding projects spanning infrastructure, healthcare and education, as its private sector arm, the International Finance Corporation, mobilised $5 billion in private capital into the country last year to support businesses and job creation. Speaking at a seminar on procurement and investment opportunities under World Bank Group-financed projects, vice president,…

Cost of Imported petrol lower compare to Dangote Elegbede Abiodun Megastarmagazine reported that the landing cost of imported Premium Motor Spirit (petrol) is now lower than the gantry price of the commodity from the Dangote Petroleum Refinery, following the refinery’s decision to hike prices. According to data from the Major Energies Marketers Association of Nigeria the landing cost of imported petrol was N728.88 per litre as of last week. On Monday night, the Dangote refinery announced an increase in its gantry price of petrol from N699 to N799 per litre. The new price increase means that Dangote’s gantry price…

CBN approves temporary use of expired NAFDAC licences for imports Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control licences for import documentation, offering short-term relief to businesses affected by system changes in Nigeria’s trade processing framework. In a circular issued on January 26, 2026, by its Trade and Exchange Department and published on the bank’s website on Tuesday, the CBN said authorised dealer banks may continue to process Form M applications with NAFDAC licences that expired on December 31, 2025. The approval, which takes…

Facebook to showcase opportunities, presenting creator tools at Lagos summit Elegbede Abiodun The event provides a platform to demonstrate that Facebook is all about connecting people. Facebook will take centre stage at the 2026 African Creators Summit, offering on-ground experiences aimed at connecting with the continent’s expanding digital talent. The summit, scheduled for Thursday, 29 January, at Lagos’s Federal Palace Hotel, brings together creators, storytellers, innovators, and digital entrepreneurs. This year’s theme, “Building a Sustainable Ecosystem Where Africa Trades Its Swag”, dovetails with Facebook’s push to equip creators with tools that foster audience growth, monetisation, discovery, and community engagement.…