Author: Ifetayo Adeniyi

NNPCL, marketers hike prices of petrol to N885/N955 litre NNPC Limited The pump price of Premium Motor Spirit (PMS), commonly known as petrol, has surged again to N955 per litre in parts of the country, including the Federal Capital Territory (FCT), amid rising international benchmark prices and adjustments by both the Nigerian National Petroleum Company Limited (NNPCL) and other marketers. Most filling stations in Abuja, yesterday, were dispensing petrol at N955, with NNPCL retail outlets and independent marketers already reflecting the new price. A few stations linked to the Dangote Refinery partnership, especially MRS, however, sold marginally lower at N885/litre,…

Stanbic IBTC shares steady at N101 Stanbic IBTC Holdings has reaffirmed its commitment to sustainable growth and delivering long-term value to shareholders, as its stock maintained a steady position at N101 per unit at the close of trading on Monday on the Nigerian Exchange Limited. The shares of Stanbic IBTC Holdings Plc crossed the N100 per unit milestone last Tuesday, thus becoming the second banking stock to achieve that three-digit share price feat. In a statement on Monday, the financial institution said that the increased investor confidence in its stocks reflects a broader enthusiasm surrounding the company’s robust fundamentals. The…

Microsoft, Google, Meta post $220bn Q2 revenue Technology giants Alphabet, Microsoft, and Meta raked in a combined revenue of $220.36bn in the second quarter of 2025, underlining the resilience of big tech and renewed investor confidence in artificial intelligence, cloud services, and digital advertising. Alphabet Inc., the parent company of Google, led the pack with $96.4bn, marking a 14 per cent year-on-year rise, driven by strong performance across Search, YouTube ads, subscriptions, and cloud services. Chief Executive Officer of Google, Sundar Pichai, described the period as “a standout quarter,” noting that AI is already transforming the company’s operations. “We are…

Leadway, Ecobank partner to boost insurance access Leadway Assurance has formally entered into a strategic bancassurance partnership with Ecobank Nigeria Limited to deliver integrated insurance offerings to both internal and external stakeholders within Ecobank, spanning employees, customers, and small business owners. According to a statement, the launch of the partnership on Friday marked a significant step in advancing financial inclusion by embedding insurance access directly within everyday banking touchpoints. The insurance firm said that from life and health protection to motor and home insurance solutions, Ecobank customers and stakeholders will now enjoy seamless access to Leadway’s trusted suite of products,…

Lagos announces Adron, Lekki County, Anchor, 173 other estates illegal Sanwo-Olu Property owners of 176 estates in Lagos got shocking news yesterday from the state government. The projects into which they had invested fortunes are illegal, the government declared. Developers of the estates have three weeks to perfect their documents, failing which they risk being sealed off. The estates, predominantly located in the fast-developing Eti-Osa, Ajah, Ibeju-Lekki and Epe axis of the state, were said to have been built without approvals. The Ministry of Physical Planning and Urban Development asked the developers to take advantage of the 21-day window to…

Godswill Akpabio’s recognition, bags International Peace Award Senate President Godswill Akpabio received recognition of International Peace Award by the Global Peace Movement International. The international honour, according to the President of the Global Peace Movement International, Dr. Mike Uyi, in a statement, is in recognition of Akpabio’s outstanding contributions to global diplomacy and parliamentary excellence. Uyi said, “Global Peace Movement International is delighted to announce that Senator Godswill Akpabio, the esteemed Senate President of Nigeria, has been honoured with the prestigious International Peace Award. “This distinction is a testament to his exceptional leadership and vision as an Executive Member…

WAEC Shock: 61.68% of students fail Maths, English in 2025 WASSCE The West African Examinations Council (WAEC) has announced a sharp decline in student performance in the 2025 West African Senior School Certificate Examination (WASSCE), with only 38.32 per cent of candidates securing five credits, including English Language and Mathematics, the benchmark for university admission. This figure marks a significant 33.8 per cent drop compared to the 72.12 per cent pass rate recorded in 2024, sparking widespread concern over what many are describing as a mass failure. WAEC’s Head of National Office, Dr Amos Dangut, disclosed the statistics on Monday…

Nigerian Teenager @17 Emerged World’s Best in English at 2025 TeenEagle Global Finals  Nafisa Abdullah Aminu A Nigerian seventeen-year-old known as Nafisa Abdullah Aminu who hailed from Yobe State has been announced as the world’s best student in English language skills at the 2025 TeenEagle Global Finals held in London, United Kingdom. Nafisa competed among over 20,000 students coming from 69 countries and outshone them to secure her place as the rightful one to own the prestigious title thereby bringing global attention to Nigeria’s academic talent. With her victory, there has been spread of celebrations in Yobe State and across…

D’Tigress gets rewards of $100000 each, Flats, National honour – OON D’Tigress players celebrate after winning the 2025 FIBA Women’s Afrobasket in Abidjan… on Sunday, August 3, 2024. Photo: X (@DtigressNG) President Bola Tinubu has rewardedNigeria’s national women’s basketball team, D’Tigress, with a package which includes $100,000 for each player, $50,000 for every member of the 11-man coaching and technical crew. Tinubu also gave all team members and staff with a three-bedroom flat at the Renewed Hope Estate. In addition, the President conferred on the players and their technical crew the prestigious national honour of Officer of the Order of…

Ladoja receives nomination of Olubadan-In-Council as next Olubadan Ex-Oyo State Governor, Chief Rasheed Ladoja The Olubadan-In-Council, on Monday, nominated Oba Rashidi Ladoja as the 44th Olubadan of Ibadanland. The nomination took place at the Olubadan Palace, Oke-Aremo, in the Ibadan North Local Government Area of Oyo State. The new Olubadan was not in attendance during the meeting. Presiding over the meeting, the Balogun Olubadan of Ibadanland, Oba Tajudeen Ajibola, said, “We (members of the Olubadan-In-Council) have all signed and nominated Oba Rashidi Ladoja as the new Olubadan of Ibadanland. “We will forward the resolutions of our meeting to our Governor,…