… Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday…Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. “Dangote Petroleum Refinery continues to operate at scale and retains the capacity to supply between 40 million and 50 million litres of Premium Motor Spirit (PMS) daily through January and February, subject solely to market demand,” the statement…
Author: Lilian Azuh
-Shareholders commit to future injection of more capital to the Groups’ other subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This milestone was achieved following the completion of a series of strategic capital initiatives, including a Rights Issue, a Private Placement, and the injection of proceeds from the divestment of the Group’s merchant banking subsidiary. This successful capitalization underscores strong market confidence in FirstHoldCo Group’s business model, long-term strategy, and growth prospects. With…
Joshua at the funeral Former world heavyweight champion Anthony Joshua was on Sunday spotted paying his respects at the London Central Mosque to his friends who recently passed away. The British-Nigerian athlete attended the funeral prayer for Kevin Latif Ayodele, his personal trainer, and Sina Ghami, his strength and conditioning coach, who died in a car accident in Nigeria last week. Joshua sustained minor injuries in the crash, which occurred on December 29, on the Lagos–Ibadan expressway. The 36-year-old boxer was treated and discharged from the hospital on New Year’s Eve before returning to the United Kingdom on Saturday.Images and videos from the service, which have since…
Joshua Former world heavyweight boxing champion Anthony Joshua has made his first social media post since a fatal car accident in Nigeria that claimed the lives of two of his close friends and team members. The accident, which occurred on Monday, December 29, along the Lagos–Ibadan Expressway, resulted in the deaths of Sina Ghami and Latif “Latz” Ayodele. Joshua sustained minor injuries in the crash.The 36-year-old boxer was treated in hospital and discharged on New Year’s Eve before returning to the United Kingdom on Saturday. On Sunday, Joshua broke his silence with a post across his social media platforms, sharing…
Okafor The Lagos State Police Command has invited the Senior Pastor of Mountain of Liberation and Miracles Ministries, Chris Okafor, to report at the State Criminal Investigation Department, Panti, over allegations of multiple rape and other offences likely to cause a breach of public peace. The police said Okafor was served with an invitation letter and is expected to appear before the Deputy Commissioner of Police in charge of the SCID by 10 am on Monday. In a statement on Sunday, the Police Public Relations Officer in the state, Abimbola Adebisi, said the Commissioner of Police, Olohundare Jimoh, ordered a…
A ship Following the seizure of 31.5 kilograms of cocaine aboard a merchant vessel, MV Aruna Hulya, by operatives of the National Drug Law Enforcement Agency, NDLEA, at the GDNL Terminal, Apapa Port, Lagos, on Friday, January 2, 2026, the agency has taken into custody 22 Indian crew members of the ship. In a statement by Director, Media and Advocacy, NDLEA, Mr Femi Babafemi, yesterday, the Agency said : “Those detained in connection with the discovery of the 31.5kg cocaine in hatch 3 of the ship, which originated from Marshall Islands, include the Master of the Vessel, Sharma Shashi Bhushan,…
Obi The National Coordinator of the Obidient Movement Worldwide, Dr Yunusa Tanko, has ruled out any possibility of former Anambra State Governor Peter Obi accepting a vice-presidential slot ahead of the 2027 general election. Tanko, an ally of Obi, made the clarification in an exclusive interview with The PUNCH, responding to speculation that the former Labour Party presidential candidate might consider becoming the running mate of ex–Vice President Atiku Abubakar. “We have never put that on the table. Obi is running for the office of the President of the Federal Republic of Nigeria. No more, no less. There is no discussion…
NNPCL logo The Federal High Court in Abuja has ordered the Nigeria National Petroleum Company Limited to disclose details of the emergency $3bn “crude-for-cash” loan it obtained from the African Export-Import Bank. Delivering judgment in Suit No. FHC/ABJ/CS/1631/2023, Justice Emeka Nwite granted an order of mandamus in favour of the Human and Environmental Development Agenda Resource Centre, directing NNPC Ltd to supply comprehensive information on the loan. The suit was filed on behalf of HEDA by its counsel, Mr Seidu Mohammed, under the Freedom of Information Act. Justice Nwite ordered NNPC Ltd to disclose the anticipated benefits of the $3bn…
Funke Bimbo Thomas, the Nollywood actress, has revealed how she and her colleagues narrowly escaped a deadly attack during the filming of the second part of Funke Akindele‘s ‘Omo Ghetto’. In a recent chat on the WithChude podcast, the film star said they faced persistent harassment from the very beginning of their shoot in the Ebute Metta area of Lagos. She explained that despite being a native of the community, her local status offered no protection for her and her colleagues. Bimbo said the situation escalated dangerously late one night after the crew had concluded filming. According to her, a group of…
Dakore Actor and producer Timini Egbuson has announced the death of his father, sharing the news on his official Instagram page on Sunday. The actor, brother to actress Dakore Egbuson-Akande, expressed his grief in a post, saying, “Didn’t think I’ll start the year saying this .. Rest in peace Dad. So much left unsaid, but I’ll keep making you proud.”The announcement has drawn widespread condolences from the entertainment industry, with notable figures including Funke Akindele, Uzee Usman, Kiekie, Gabriel Afolayan, and Mercy Aigbe offering their sympathies and prayers for the departed soul. Nation