Author: Ogochukwu Ndubuisi

Trump Tells Zelensky, Stop Hitting Russian Diesel Refineries as Global Prices Surge U.S. President Donald Trump has urged Ukraine to halt attacks on Russian diesel infrastructure, warning that the strikes are causing a global fuel shortage. Speaking on Sunday at the Irish Open in Doonbeg, Ireland, Trump said he had told Ukrainian President Volodymyr Zelenskiy to stop targeting refineries that produce diesel. Trump said the attacks were hurting countries worldwide and driving up prices, with U.S. diesel now above $6 a gallon for the first time. The call comes after months of long-range Ukrainian drone strikes on Russian refineries, which…

2027: Accord Queries Presidential Candidate’s Exclusion From INEC List ​‌‍⁠‌‍⁠⁠‌‍⁠‍​​‍‌‌‌​The Accord Party says it is yet to know why INEC omitted its presidential candidate, Dr Gbenga Olawepo-Hashim, from its 2027 list. Mr Dele Oladeji, the Lagos State Chairman and Secretary, South-West Zone of the party, however, expressed confidence that the court would resolve the matter in favour of Olawepo-Hashim and uphold his candidacy. He said this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos, while reacting to the INEC list of presidential candidates for the 2027 general elections. “Three dependable members of the party…

Canada Seeks C$1tn Investment To Cut Reliance On US Amid Trump Tariffs Canada is making a high-profile push to attract C$1 trillion (about $723 billion) in investment over the next five years as it seeks to reduce reliance on the United States amid President Donald Trump’s tariff war. Prime Minister Mark Carney will host a two-day investment summit in Toronto starting Monday, bringing together global asset managers with over $100 trillion under management and executives pitching more than 160 projects in energy, mining, defence and power. The summit, described as a matchmaking exercise, is aimed at showcasing Canada as a…

Ogun ​‌‍⁠‌‍⁠⁠‌‍⁠​‍‌⁠‍​‌​Releases N6.75bn for Gratuity, Additional Pension Benefits The Ogun government has released N6.75 billion for the payment of gratuity and Additional Pension Benefits (APB) to retirees in the state. The Head of Service, Mr Olanrewaju Saka, disclosed this in a statement issued on Friday in Abeokuta. According to him, this is in the government’s efforts to offset outstanding pension obligations and improve the welfare of retired workers. He said that N2.751 billion was released for the payment of gratuity to 432 beneficiaries, while N4 billion was released as APB to eligible retirees from July 2025 to date. Saka said…

Samuel Eto’o: Cameroon Football Chief Denies Embezzlement Claims The Cameroon Football Federation (FECAFOOT) has denied allegations of embezzlement against its president, Samuel Eto’o, describing the claims as slanderous and part of an organised smear campaign. Eto’o was accused of diverting about €455,000 received from Cameroon’s friendly match against Russia in 2023 into a private account in Qatar, following a complaint by a former federation official. In a statement, FECAFOOT rejected the accusations and defended its president. The federation said the reports were defamatory and politically motivated, aimed at discrediting its leadership. FECAFOOT added that all financial decisions relating to friendly…

FG Pays N1.1bn Additional Exit Benefits to 175 Retirees The Federal Government has begun payment of additional exit benefits to retirees of Treasury-funded Ministries, Departments and Agencies (MDAs). The National Pension Commission (PenCom) disclosed in a statement on Friday that it had paid about N1.1 billion to 175 retirees who exited the Federal Public Service between Jan. 1 and Aug. 31. It said the payments were being made under the Federal Government Exit Benefit Scheme (EBS), approved by the Federal Executive Council and effective from Jan. 1. According to PenCom, the scheme provides additional financial benefits to federal employees at…

Tech Rivalry: Xiaomi Beats Apple to Market as 18 Fold Launched Ahead of iPhone Fold Xiaomi has launched the Xiaomi 18 Fold in China on September 7- just two days ahead of Apple’s expected unveiling of its first foldable iPhone on September 9, in a move seen as a direct challenge in the tech rivalry between China and the US. The 18 Fold is Xiaomi’s first wide-format, passport-style foldable, with a 5.38-inch cover display and a 7.58-inch inner display. It is the first phone powered by Xiaomi’s in-house 3nm XRing O3 chip and features Leica-branded cameras led by a 200MP…

The Central Bank of Nigeria (CBN) intervened in the foreign exchange market on Thursday…

The Federal Competition and Consumer Protection Commission (FCCPC) and …

AfDB, African Deposit Funds Partner to Mobilise Long-Term Financing for Development The African Development Bank Group and members of the African Forum of Deposit Funds have agreed to deepen cooperation aimed at mobilising long-term financing for development, productive investment and economic growth. The agreement is contained in a statement released on the bank’s website on Thursday in Abuja, outlining a framework for stronger institutional collaboration to support Africa’s development agenda and long-term prosperity. According to the AfDB, the partnership seeks to support productive investment, strengthen economic resilience and contribute to more inclusive growth across the continent through coordinated financing strategies,…