studiocb55

studiocb55

Month: May 2026

Otedola moves to invest $100m in Dangote refinery

Otedola Plans $100m Investment in Dangote Refinery Ahead IPO Nigerian billionaire and Chairman of First HoldCo, Femi Otedola, has announced plans to invest $100 million in the Dangote Refinery as the facility prepares for a proposed public listing. Otedola made…

FCT Residents Lament “Crazy” Estimated Electricity Bills Amid Worsening Power Supply

FCT Residents Lament “Crazy” Estimated Electricity Bills Amid Worsening Power Supply Residents of the Federal Capital Territory (FCT) have raised fresh concerns over what they describe as “crazy” estimated electricity bills despite enduring poor and inconsistent power supply in many…

Church makes $25 million donation to UNICEF fund supporting child nutrition

‘We are empowering mothers to help their children reach their potential,’ says Relief Society general president Continuing the effort to care for women and children in need around the world, The Church of Jesus Christ of Latter-day Saints is donating…

UK Drops Mandatory Digital ID Plan After Backlash

UK Drops Mandatory Digital ID Plan After Backlash The United Kingdom government has abandoned plans to make digital identity cards compulsory for workers, reversing a controversial proposal that had triggered political opposition and civil liberties concerns across the country. Prime…

Nigerian Athlete Shot Dead In US Days Before MBA Graduation

A Nigerian athlete and graduate student, Oluwabukola Pereira, has been shot dead in the United States just days before completing her Master of Business Administration degree. Pereira, 30, was reportedly killed during a suspected robbery at a car service centre…

We Never Denied El-Rufai Food, Medical Care, Family Lied — ICPC

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has dismissed allegations by the family of former Kaduna State governor, Nasir El-Rufai, that he was denied food and medical care while in detention, describing the claims as false and…

Former Nigerian minister hospitalized in Egypt

Former Humanitarian Affairs Minister, Sadiya Umar Farouq is currently hospitalized in Egypt and unable to attend her ongoing court case, according to her lawyer. At the Federal Capital Territory High Court in Apo, the prosecution informed the court that the…

Lagos bans movement of goods on public buses

The Lagos State Government has announced a ban on the movement of goods and heavy luggage on all regulated public transport buses across the state. The enforcement of the directive is scheduled to take effect on June 1, 2026. Lagos…

Ned Nwoko reacts after losing APC Senatorial ticket to Okowa

Ned Nwoko reacts after losing APC Senatorial ticket to Okowa. Senator Ned Nwoko has reacted after former Delta State governor Ifeanyi Okowa reportedly defeated him in the All Progressives Congress (APC) Delta North senatorial primary. Ifeanyi Okowa defeated him by…

Another APC Supporter Shot Dead During Lagos Primary Election

A yet-to-be-identified man was shot dead while several others sustained injuries during a violent clash that erupted at the All Progressives Congress primary election in the Ikotun area of Lagos State on Saturday. It was gathered that a resident of…