Author: Ifetayo Adeniyi

Over tariffs, 25 countries halt postal services to US – UN About 25 countries have decided to halt package deliveries to the United States, as concern grows over the impact of President Donald Trump’s looming tariffs, a UN body said Tuesday. The Trump administration said late last month that it would abolish a tax exemption on small packages entering the United States from August 29. The move has sparked a flurry of announcements from postal services, including in France, Britain, Germany, Italy, India, Australia and Japan, that most US-bound packages would no longer be accepted. The United Nations’ Universal Postal…

BUA Foods hits new 52-week high, retains highest valuation Consumer goods producer BUA Foods Plc hit a fresh 52-week high on the Nigerian Exchange (NGX) due to a sustained rally in the consumer goods sector. The company also retained its highest valuation rating, surpassing MTN Nigeria, Airtel Africa, and other members of trillion valuation gang in the local bourse. Trading data on BUA Foods showed its price was relatively stable until Friday. BUA Foods’ share price opened the week at N588 on moderate trading activities. The stock picked up on Friday, settling at N590 as buy-side actors placed bets. Data…

Over 70% of S/Africa oil comes from Nigeria Bobby Moroe * Both countries could lead the continent’s push for industrialization. South Africa imports more than 70 per cent of its oil from Nigeria, Acting High Commissioner and Consul General of the Republic of South Africa, Bobby Moroe, has said. Speaking at the Outward Selling Mission Programme in Lagos, Moroe said Nigeria leverages South Africa’s strategic geographic location as a hub to distribute oil and other products across the Southern African region, including Botswana, Mozambique, and Lesotho. “This initiative is about more than trade—it is about building on our shared…

Glo Foundation Brings Joy To New Mothers In Ondo The atmosphere at Ondo State Specialist Hospital, Akure, was filled with joy as Glo Foundation, the social responsibility arm of Globacom, paid for the delivery costs of 35 women and donated essential baby items such as diapers and other relief materials. This gesture, which was warmly welcomed by the beneficiaries, is part of Globacom’s ongoing initiatives aimed at reducing the financial and emotional strain of motherhood, particularly during challenging economic times. During the presentation, Akeem Yussuf, Retail Chief (West), who represented Globacom, emphasized the company’s compassion and commitment to giving back…

Ogun Revenue Agency Commends Dangote Cement For Exemplary Tax Compliance Mrs. Oluwaseun Olajube, Director of Field Operations OGIRS (left) and Mr. Zaka Oladele, Director of Tax Operations OGIRS (2nd right); being presented with Dangote souvenirs by the Plant Director, Mr. Ayyagari Subbaraidu (2nd left) and assisted by Mr. Emmanuel Abe, Head Finance (right). Presentation of gift Mrs. Oluwaseun Olajube, Director of Field Operations, Ogun State Internal Revenue Service (2nd right) presenting a pack to the Plant Director, Mr. Ayyagari Subbaraidu (left), with support from Mr. Emmanuel Abe, Head Finance, Ibese Plant (2nd left) while Mr. Sanni Ademola of OGIRS. (right)…

FRSC partners EFCC to deal with economic sabotage, road challenges The Corps Marshal, Federal Road Safety Corps (FRSC), Malam Shehu Mohammed with the Chairman, Economic and Financial Crimes Commission (EFCC) Mr Ola Olukoyede. The Federal Road Safety Corps (FRSC) and the Economic and Financial Crimes Commission (EFCC) have entered into a strategic partnership to tackle economic sabotage and reduce road traffic crashes (RTCs) in the country. The agreement was reached when the FRSC Corps Marshal, Malam Shehu Mohammed, led his team on a courtesy visit to the EFCC Chairman, Ola Olukoyede, on Tuesday in Abuja. While speaking during the strategic…

Channels TV’s Geoffery Uzono, OAP Monique D’Vibe set to Host Megastar Man of the Decade Awards 2025 Channels TV’s Geoffery Uzono, OAP Monique D’Vibe set to Host Megastar Man of the Decade Awards 2025 Organisers of the prestigious Megastar Man of the Decade Awards have announced that its 2025 edition will be compered by the dynamic duo, Geoffery Uzono, Channels Television’s ace political analyst, and Monique D’Vibe, award-winning broadcaster and businesswoman. The event themed “Building Tomorrow Together”, which will celebrate decades along A Decade of Excellence in Business, Sports, Entertainment, Politics, and Humanity, is set to hold on October 17,…

Makinde steps aside, hands over power to deputy Oyo State Governor, Seyi Makinde Oyo State Governor, Seyi Makinde, will be going on leave for one month, starting from Friday, August 29, 2025. According to a letter read on the floor of the House of Assembly by Speaker Adebo Ogundoyin on Tuesday, Makinde notified lawmakers in line with Section 190(1) of the Constitution and handed over full powers to his deputy, Barrister Bayo Lawal, who will serve as Acting Governor throughout the period. “I hereby transmit that during the period indicated above, the Deputy Governor, Barrister Bayo Lawal, shall serve as…

Maiduguri cleaner returned N4.8m mistakenly deposited in bank account Faiza Abdulkadir. Photo credit: Web Tertiary hospital cleaner in Maiduguri, Borno State, Faiza Abdulkadir, has gained national attention for her honesty after returning N4.8 million that was mistakenly credited to her bank account. The story, first reported by News Central TV on the 24th of August, has since gone viral on X, with many praising her virtuous character in the midst of Nigeria’s challenging economic climate. In an interview covered by News Central TV, Faiza, who earns just N30,000 monthly and lives with her five children in a single room provided…

FAAN provides wheelchair support for passengers with disabilities, others at airport The Federal Airports Authority of Nigeria has introduced enhanced wheelchair assistance and special support services for passengers with disabilities, the elderly, and others requiring mobility aid at airports across the country. The authority said the initiative was designed to ensure dignity, safety, and comfort for all categories of travellers. Announcing the development on Monday in a statement on X (Formerly Twitter), FAAN’s Director of Public Affairs and Consumer Protection, Obiageli Orah, noted that wheelchair services will now be available from check-in through boarding and on arrival. “Wheelchair services are…