Author: Ifetayo Adeniyi

Dangote Refinery importing substandard petrol is falsehood, ready to make proof public The Dangote Refinery The Dangote Petroleum Refinery has denied reports that it imported finished premium motor spirit (PMS) with high sulphur content into Nigeria, describing the claims as false and misleading. In a statement released on Friday, the refinery clarified that the shipment in question was not finished petrol, but an intermediate feedstock requiring further processing before it can be used as fuel. “Dangote Petroleum Refinery has noted reports claiming it is importing finished petrol (PMS) with high sulphur content into Nigeria. These reports are false, malicious,…

TAJBank’s N20bn Sukuk Bond Records 185.5% Oversubscription TAJBank Limited, the fastest growing non-interest bank in Nigeria, has again demonstrated its frontline visibility in Nigeria’s non-interest banking investment market with its latest N20 billion Mudarabah Sukuk bond offer recording 185.15 per cent oversubscription rate. The data just released by the investment market authorities on the performance of the bond indicated that the debt instrument, with annual profit rate at 20.5 per cent per annum, recorded N57,029,771 billion allotment, representing 185.15 per cent oversubscription and highlighting the growing investor confidence in the bank. Speaking on the performance of the bond, TAJBank’s Founder/Managing…

MTN Deepens Digital Transformation Investment, Backs Accountants’ Capacity Building MTN Nigeria has reaffirmed its commitment to driving Nigeria’s digital transformation through strategic investments in professional capacity building and partnerships that empower the nation’s workforce for the future. Speaking on the sidelines of the 55th Annual Accountants Conference of the Institute of Chartered Accountants of Nigeria (ICAN), the Chief Financial Officer of MTN Nigeria, Mr. Modupe Kadri, said the company’s sponsorship of the event reflects its belief in equipping professionals with the technological tools required to thrive in a data-driven economy. Kadri noted that MTN’s support for the accounting profession forms…

Ofala Festival 2025: Globacom Celebrates Heritage, Unity, And Prosperity Onitsha, the historic commercial hub of Anambra State, is set to once again host the grand spectacle of its famed Ofala Festival. The 2025 edition, themed “Cultural Renaissance and Economic Renewal,” promises to be a vibrant celebration of Igbo heritage, unity, and cultural pride — reaffirming the enduring relevance of tradition in Nigeria’s social and economic landscape. More than a festival, Ofala represents the resilience and identity of the Onitsha people, a timeless gathering where history, spirituality, and community converge. At the centre of the celebration is His Royal Majesty Igwe…

FG inaugurates national digital trustmark to restore trust in online transactions Director General of National Information Technology Development Agency, NITDA, Alhaji Kashifu Inuwa Abdullahi • Trustmark digital certification would be renewed annually for openness. On Thursday in Abuja, the Federal Government launched a National Digital Trustmark, a platform designed to provide a verifiable certification mechanism and a badge of trust for e-commerce and other online platforms nationwide. It was inaugurated during a joint news conference by the National Information Technology Development Agency (NITDA), Corporate Affairs Commission (CAC), the Central Bank of Nigeria (CBN) and Nigerian Communications Commission (NCC). The initiative…

Glo celebrates IDGC, educates girls on menstrual, mental health This year’s observance of the International Day of the Girl Child began on Wednesday with Glo Foundation, the social responsibility arm of telecommunications company, Globacom, charging secondary school girls across the country to pay attention to their menstrual and mental health. The Foundation reasoned that this has become imperative if the girls would grow into adulthood with confidence while embracing the future without inhibitions. It made this its focal point of engagement with girls in select schools. This year’s observance, with the theme: “The GIRL I am, the changes I lead:…

S’West Group Praises Tinubu’s Transformative Reforms in Oil, Gas Sector S’West Group Praises Tinubu’s Transformative Reforms in Oil, Gas Sector Reform driven citizens under the umbrella of the Citizens Connect Conference has lauded President Bola Tinubu’s achievements in the oil and gas sector. Speaking at the 1st Citizens Connect Conference in Lagos, the Convener of the group, Charles Abakpa Onoja, said the President has restored national confidence in the oil and gas sector. In his opening address, Onoja said: “Let us begin where much of Nigeria’s story has always been written—our oil and gas sector. For decades, this sector symbolised…

2026 WCQ: Eagles to decide W’Cup future today at New Peter Mokaba Stadium, Polokwane Nigeria Super Eagles Matchday nine will take place on Friday, October 10, at the New Peter Mokaba Stadium, Polokwane, with kick-off at 6:00 p.m. local time (5:00 p.m. Nigeria time). All eyes are on the New Peter Mokaba Stadium, South Africa, on Friday as the Super Eagles lock horns with the Crocodiles of Lesotho in what promises to be a last-chance match for Nigeria in the 2026 FIFA World Cup qualifiers. The Super Eagles were almost certain to miss out on consecutive World Cup finals after…

Somtochukwu’s murder: Suspects got weapons from Niger Republic — Police Arise TV anchor, Somtochukwu Maduagwu Photo Credit: Arise TV • Investigations showed that the firearms were procured from an arms dealer across the Nigeria–Niger border. The Federal Capital Territory Police Command has disclosed that the armed robbery gang responsible for the killing of ARISE News anchor, Somtochukwu Maduagwu, received their weapons from a supplier in the Niger Republic. The Command’s spokesperson, SP Josephine Adeh, disclosed this in a statement on Friday while announcing the arrest of 12 suspects linked to the September 29, 2025, robbery and murder at Unique Apartments,…

Airtel rolls out tech scholarship for 100 undergraduates Airtel logo Airtel Africa Foundation, through Airtel Nigeria, has launched its Undergraduate Tech Scholarship Programme to support 100 Nigerian undergraduates pursuing studies in information and communication technology-related fields. The disclosure was made in a statement on Thursday following remarks by the Chairman of Airtel Africa, Dr Segun Ogunsanya, at a world press conference held recently in Lagos. The initiative will cover tuition, accommodation, study materials, and a stipend from the first year to the final year of study. The programme is designed to eliminate financial barriers and enable students to focus on…