Arowosaye Addresses Water Crisis in Oyo East Council

By Adedapo Adesanya Nigeria faces a crippling fertiliser shortage as 34,000 metric tonnes of Russian Fertiliser meant for Nigeria is stuck at ports in the European Union (EU) as a result of continued war in Ukraine. Russia’s Foreign Minister, Mr Sergey Lavrov, confirmed this development on Saturday at the 78th United Nations General Assembly (UNGA) in New York, noting that 260,000 metric tonnes of Russian fertilisers have been stranded in EU ports since 2022. According to Russian News Agency, TASS, Mr Lavrov informed reporters that, “We are ready to give these fertilisers to African countries for free. It took six

By Adedapo Adesanya The Socio-Economic Rights and Accountability Project (SERAP) has filed a suit against President Bola Tinubu over his failure to stop the former governors now serving as ministers in his administration from collecting life pensions and other retirement benefits from their states. The ministers mentioned in the suit are Mr Badaru Abubakar, Mr Nyesom Wike, Mr Bello Matawalle, Mr Adegboyega Oyetola, Mr David Umahi, Mr Simon Lalong, Mr Atiku Bagudu and Mr Ibrahim Geidam. In the suit number FHC/L/CS/1855/2023 filed last Friday at the Federal High Court in Lagos, the ministers are to be joined in the suit

By Modupe Gbadeyanka More pressure is mounting on the judiciary to allow the live broadcast of proceedings at the ongoing presidential election tribunal at the Court of Appeal. The Peoples Democratic Party (PDP) and the Labour Party (LP), which are challenging the victory of the ruling All Progressives Congress (APC) in the presidential election held on Saturday, February 25, 2023, want the Nigerians to have the opportunity to see how the issues are argued at the court. A group known as the Conference of Nigeria Political Parties (CNPP) has joined those calling for the broadcast of the court sittings in

The Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita, has been directed to develop a road-map for civil service in the country. Oyo-Ita was given this task by President Muhammadu Buhari at a dinner and award night organised on Friday by the HOS as part of activities to mark civil service week. Buhari noted that the role of civil service in the government’s change agenda can never be underestimated and urged civil servants to remain dedicated to duties. The President, who was represented by the Secretary to the Federation Government, Babachir Lawal, said he appreciates the role

By Dipo Olowookere The huge volume of sale of Zenith Bank Plc shares on the floor of the Nigerian Stock Exchange (NSE) on Wednesday and Thursday have triggered speculations of a possible entry of a new investor into the top financial institution in the country. As it is being speculated, the buyer of such large volume of Zenith Bank shares is big enough to acquire a seat on the board. According to a report by The Guardian, transactions in the shares of Zenith Bank contributed 90.04 percent of total volume traded for the day, leading the activity chart with 605.5

By Adedapo Adesanya Determined to mitigate losses associated with fire disasters concerning micro-businesses, Universal Insurance Plc has launched Shop Insurance Retail Product, tailored for shop owners in the country. The underwriter is carrying out this cover in conjunction with T.A. Braithwaite Insurance Brokers. The relationship, according to the company, is aimed at opening more avenues for the sale of its Fire and Special Perils Products. The insurer said developing the product became necessary considering the fact that most shop owners do not embrace insurance and need to protect their goods and properties against fire and special perils in the country.

By Adedapo Adesanya West Africa’s pioneer solar-based internet service provider, Tizeti, is rolling out its 4G LTE network in Edo State. This is coming as part of its commitment to ensuring access to affordable broadband connectivity and its monthly fixed broadband costs have been pegged at N4,000. With this move, millions of people in Edo State previously outside the broadband envelope can now take advantage of high-speed broadband internet from Tizeti. Announcing the rollout of its new low-cost unlimited 4G services in Edo, the Chief Executive Officer of Tizeti, Mr Kendall Ananyi, said that this 4G broadband internet will empower

By Olubori Oduntan Some journalists and bloggers under the aegis of Lagos Journalists League have called the Acting President, Mr Yemi Osinbajo, to order the release of a reporter with Premium Times, Mr Samuel Ogundipe, from the custody of the Nigeria Police Force (NPF). Mr Ogundipe was detained by the police on Tuesday following a report he published concerning outcome of the brief investigation the Inspector General of Police (IGP), Mr Ibrahim Idris, conducted on the invasion of the National Assembly by the Department of State Services (DSS) last Tuesday, which led to the sack of the former Director-General of

By Adedapo Adesanya The price of the basket of 13 crudes belonging to the Organisation of the Petroleum Exporting Countries (OPEC) rose ahead of the August Joint Ministerial Monitoring Committee (JMMC), climbing to $45.49 per barrel on Tuesday. Compared with $44.94 on record at the previous day, the weighted average rose 1.22 per cent according to OPEC Secretariat calculations released on Wednesday. The OPEC Reference Basket of Crudes is made up of the following: Saharan Blend (Algeria), Girassol (Angola), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait Export (Kuwait), Es Sider (Libya), Bonny

By Adedapo Adesanya The oil market settled lower on Friday as indications of strong Russian oil supply offset better-than-expected economic growth data in the United States. Brent futures lost 81 cents or 0.9 per cent to trade at $86.66 per barrel, as the US crude fell by $1.33 or 1.6 per cent to settle at $79.68 per barrel. The market saw gains as reports emerged that oil loadings from Russia’s Baltic ports are set to rise by 50 per cent this month from December. It was backed by sellers moving to meet strong demand in Asia and benefit from rising