Dotun Babayemi wins governorship primary of Osun PDP faction
Dotun Babayemi has won the parallel governorship primary of the Peoples Democratic Party (PDP) in Osun state. The Olagunsoye Oyinlola-backed faction held its primary on Tuesday at the WIDCOF event centre in Osogbo. Adelani Ajanaku, the returning officer of the exercise who announced the results, said although the party already agreed to […]
Oil price hits $130 amid potential ban on Russian oil
Oil price, on Tuesday, surged to $130 a barrel amid oversupply fears triggered by a potential US and European ban on Russian oil imports. Brent crude futures, the global benchmark, increased over 5 percent to $130.1 a barrel at 15.07 GMT+1. West Texas Intermediate (WTI) crude futures also rose correspondingly over 5 […]
Court sacks 17 Ebonyi lawmakers over defection to APC
A federal high court sitting in Abuja has sacked 17 members of the Ebonyi state house of assembly who defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC). David Umahi, the state governor and his deputy, had in November 2020 left the PDP and joined the APC. Umahi […]
BREAKING: Diesel price hits N625 per litre
The price of automotive gas oil, also known as diesel, has hit N625 per litre in some fuel stations. The new development is 4 percent higher than the N540/litre it sold last week — and about a 30 percent increase in the two weeks. TheCable had reported that the ex-depot price crossed N500/litre, causing […]
Daily COVID Tracker: Nigeria reports two infections — but zero deaths in 17 days
Nigeria on Monday recorded two cases of COVID-19. Here are five updates about the pandemic this Tuesday. Moderna to build mRNA vaccine plant in Kenya Moderna says it has reached a memorandum of understanding (MoU) with Kenya to build a COVID-19 vaccine manufacturing facility in the East African country. […]
Newspaper Headlines: Politicians behind killings in south-east, says IPOB
The crisis in the caretaker leadership of the All Progressives Congress (APC) dominated the cover pages of the Nigerian newspapers. Source: Top Stories
Russia-Ukraine war may lead to hike in prices of bread, noodles in Nigeria
Russia’s invasion of Ukraine will have a ripple effect on global food prices, and ultimately affect the prices of bread and noodles in Nigeria. The conflict is believed to have claimed thousands of lives as millions of refugees continue to spread across Europe. In the last few weeks, disruptions in supply chains […]
‘There’s no cancellation’ — Seplat Energy says ExxonMobil deal still intact
Seplat Energy Plc says its deal with ExxonMobil Corporation is valid and subsisting. Seplat Energy responded to media reports which claimed the Nigerian National Petroleum Company (NNPC) Limited had exercised a right of pre-emption under the NNPC/Mobil Producing Nigeria Unlimited (MPNU) joint operating agreement (JOA). Emeka Onwuka, Seplat’s chief financial officer, clarified […]
BRT driver: Gunmen attacked us, dragged Bamise down from moving bus
Andrew Nice, the driver of the Bus Rapid Transit (BRT) vehicle which was boarded by Oluwabamise Ayanwola, the late 22-year-old fashion designer, says they were attacked by gunmen during the trip. Bamise went missing after she boarded a BRT vehicle from Chevron bus-stop, Ajah, to Oshodi around 7pm on February 26. During […]
Edo deputy governor: Why Obaseki’s supporters don’t feel welcome in PDP
Philip Shaibu, deputy governor of Edo, has asked the national leadership of the Peoples Democratic Party (PDP) to “integrate” supporters of Godwin Obaseki, governor of the state, into the party. In 2020, Obaseki, Shaibu and their supporters left the All Progressives Congress (APC) for the PDP following the feud between the governor and […]