Author: Ifetayo Adeniyi

OPEC asks for investment in upstream sector, warns of $14.9tn requirement Organisation of the Petroleum Exporting Countries OPEC asks for investment in upstream sector, warns of $14.9tn requirement The Organisation of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream oil sector, warning that a cumulative $14.9tn will be required between 2025 and 2050 to meet projected demand and prevent a future energy crisis. This investment figure, equivalent to $574bn annually, represents the bulk of the $18.2 trillion in total oil-related investments needed over the 25-year period. OPEC had projected that $18.2tn investment would…

Beta Glass doubles profit to N19.9bn Beta Glass Plc, the leading glass packaging manufacturer in West and Central Africa, reported a 111 per cent increase in its profit before tax, reaching N19.9bn for the 2024 financial year, up from N9.45bn in 2023. The announcement was made at the company’s Annual General Meeting, which was held recently at the Landmark Event Centre in Lagos. The event brought together shareholders, institutional investors, and regulators to review the company’s performance for the year ended December 31, 2024. Chairman of the Board, Dr. Vitus Ezinwa, said the impressive financial results were achieved despite challenging…

What Ex-President Buhari’s last words on Facebook were Former President Muhammadu Buhari What Ex-President Buhari’s last words on Facebook were Former President Muhammadu Buhari who died in London at about 4:30 pm on Sunday, had his last social media engagement on June 12. He surrendered to the cold hand of death after battling with a prolonged sickness. The former President shared a statement written on his behalf by his spokesman, Garba Shehu. The statement was written to honour media chief and veteran journalist Sam Amuka-Pemu on his 90th birthday. Read the post below: NINETY YEARS OF UNCLE SAM WILL BE…

Awujale Oba Adetona passes on at 91 Oba Sikiru Adetona Awujale Oba Adetona passes on at 91 The Awujale of Ijebuland, Oba Sikiru Adetona has passed on at the age of 91. The monarch reigned for over 64 years as he ascended the throne on April 2, 1960, making him one of the longest-serving traditional rulers in Nigerian history. The news of his passing comes hours after the death of former President Muhammadu Buhari, was announced. Ogun State Governor Dapo Abiodun confirmed the monarch’s death on his X handle. He wrote: “With deep sorrow, we announce the transition of His…

UNILORIN honours 64 alumni, Oloyede inclusive at Golden Jubilee JAMB Registrar, Prof Ishaq Oloyede UNILORIN honours 64 alumni, Oloyede inclusive at Golden Jubilee UNILORIN honours 64 alumni, Oloyede inclusive at Golden Jubilee. As part of the activities commemorating its Golden Jubilee, the University of Ilorin will, on July 16, 2025, honour 65 eminent Nigerians, most of whom are alumni of the institution. The landmark event, tagged “Investiture Ceremony of Unilorin Ambassadors, Distinguished Alumni, and Award of Excellence,” will be held at the university auditorium beginning at 11.00 am. Among those to be honoured are the eighth Vice Chancellor of the…

Kunle Afolayan unveils 115-capacity cinema Kunle Afolayan opens 115-capacity cinema Kunle Afolayan unveils 115-capacity cinema Nigerian Actor and Filmmaker Kunle Afolayan has announced the launch of his 115-seater cinema named “The Kunle Afolayan Cinema.” The film Director took to his Instagram page on Saturday to share a sneak peek of the state of the art cinema. This launch celebrates the filmmaker amd his contribution to the film industry. In the video, the filmmaker was seen with Seyi Vodi. He also shared his deep appreciation to Seyi for his presence at the cinema. “It shall be called—the Kunle Afolayan cinema. For…

APC wins all chairmanship positions in Lagos LG election APC APC wins all chairmanship positions in Lagos LG poll The All Progressives Congress has clinched all 57 chairmanship seats and 375 out of 376 councillorship positions in the local government election held in Lagos State on Saturday. The Lagos State Independent Electoral Commission, which announced the results on Sunday, said the APC swept the polls in all 20 Local Government Areas and 37 Local Council Development Areas of the state. In a major upset, however, the Peoples Democratic Party secured a rare victory in Ward D of the Yaba LCDA,…

Things to know about Ex-President Buhari Former President, Muhammadu Buhari The death of former President Muhammadu Buhari was confirmed on Sunday, July 13, 2025, at a London hospital in the United Kingdom. He died at the age of 82. Check out few things about his life: 1. Buhari was born on December 17, 1942, to Adamu and Zulaiha Buhari in Daura, Katsina State. He belonged to the Fulani ethnic group and was a devout Muslim. 2. He was a Major General in the Nigerian Army and served as Head of State from December 31, 1983, to August 27, 1985,…

Former President Buhari gives up the ghost in UK hospital The Former President, Major-General Muhammadu Buhari (retd.) Ex-President Buhari gives up the ghost in UK hospital Former President Muhammadu Buhari is dead. His former spokesperson, Mallam Garba Shehu, confirmed the development on Sunday afternoon. According to him, Buhari died on Sunday at a hospital in the United Kingdom. Details surrounding his death are yet to be disclosed

Peter Obi serves guests, sweeps by himself Peter Obi serving food Peter Obi serves guests, sweeps by himself Former presidential candidate of Labour Party, Peter Obi has reacted to criticisms that greeted a recent viral picture in which he was seen serving food to people at a social event. Many critics had accused Obi who had indicated that he will contest the presidency in 2027 of seeking engaging in cheap populism to attract support of voters with the pictures. But the former Anambra State governor in a post on his X handle on Sunday morning dismissed the criticisms that have…