Author: Opalim Lifted

SEC warns investors about Dangote Refinery IPO fraud

Dangote Petroleum Refinery has reduced the ex-gantry price of premium motor spirit (PMS), also known as petrol, by N75 per litre. In a circular to oil marketers on Monday, the refinery said the adjustment, effective June 16, followed the de-escalation of tensions in the Middle East, which had impacted energy prices. “Following the de-escalation of tensions in the Middle East, which has impacted energy prices, we wish to inform you that we have reviewed our premium motor spirit gantry/coastal price,” the circular reads. “Kindly note that all outstanding unloaded gantry volumes will be repriced at the new rate effective 12:00…

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Court revokes Sowore bail over failure to appear in court for cybercrime trial

The Federal High Court in Abuja has revoked the bail granted to Omoyele Sowore, activist and presidential candidate of the African Action Congress (AAC). Justice Mohammed Umar, the trial judge, revoked Sowore’s bail on Tuesday and issued an arrest warrant following the activist’s absence from court. During the proceedings, Sowore and his lawyer, Marshall Abubakar, were not in court. Kehinde Akinlolu, counsel to the Department of State Services (DSS), told the court that Sowore was absent despite being aware of the hearing. Akinlolu asked the court to revoke Sowore’s bail over allegations that he was employing tactics to delay the…

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Former Kogi State Governor Yahaya Bello during proceedings in the N110.4 billion fraud trial at the FCT High Court in Abuja.

A High Court of the Federal Capital Territory (FCT) in Abuja has dismissed an application by Yahaya Bello, former governor of Kogi State, challenging the N110 billion fraud case filed against him by the Economic and Financial Crimes Commission (EFCC). In a ruling delivered on Tuesday, Maryann Anenih held that the court has jurisdiction to hear the case and rejected Bello’s request to strike out the 16-count charge. Joseph Daudu, counsel to Bello, argued that the FCT High Court lacked territorial jurisdiction over the matter. He also contended that the charge amounted to an abuse of court process because a…

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Darius Ishaku in court during N27bn fraud trial

A prosecution witness on Monday told the Federal Capital Territory High Court in Maitama, Abuja, how local government funds in Taraba State were allegedly routed through a private company account and withdrawn in cash during the ongoing trial of a former governor, Darius Ishaku, and former Permanent Secretary, Bello Yero. The witness, Taiwo Johns (PW3), said he received instructions from senior officials in the Bureau for Local Government and Chieftaincy Affairs on how funds were to be moved and disbursed after they were paid into his company account. The case is being prosecuted by the Economic and Financial Crimes Commission,…

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Sydney shark attack at Coogee Beach sparks review of drone restrictions as authorities seek better shark monitoring.

Australian authorities are reviewing drone flight restrictions over Coogee Beach after a Sydney shark attack left a woman critically injured and renewed concerns about swimmer safety. The 35-year-old woman was attacked by a large shark about 30 metres from shore at Coogee Beach in eastern Sydney on Saturday morning. Emergency responders rushed to the scene after reports of the attack, and the victim was later taken to hospital with serious injuries to her lower left leg and arms. According to Reuters, the woman remained in a critical but stable condition at St Vincent’s Hospital on Sunday. Following the incident, Coogee…

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Meta logo representing Facebook and Instagram's removal of under-16 accounts in Australia.

The United Kingdom has unveiled plans for a sweeping social media ban that will prevent children under 16 from accessing major platforms, with Prime Minister Keir Starmer saying the move is necessary to protect young people from harmful online content. Announcing the policy on Monday, Starmer said social media platforms have increasingly exposed children to bullying, abuse and potentially damaging material, raising concerns about their wellbeing and mental health. Speaking as a father of two, the prime minister said parents across the country share growing fears about the impact of social media on young people. “Social media is making children…

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South African Justice Minister Mmamoloko Kubayi speaking about the impact of xenophobia backlash on artistes and businesses across Africa.

South Africa’s Minister of Justice and Constitutional Development, Mmamoloko Kubayi, has expressed concern over the growing backlash against the country following recent xenophobia-related incidents, saying South African artistes are losing concert bookings across Africa. Speaking at a media briefing, Kubayi said many South African performers who depend on shows across the continent are seeing their gigs cancelled, resulting in income losses. She added that some South African businesses operating abroad are also facing challenges due to negative perceptions linked to xenophobia. According to the minister, one artiste informed her that all of her bookings across the continent had been cancelled,…

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NAFDAC issues alert over contaminated children’s ibuprofen recalled in US

The National Agency for Food and Drug Administration and Control (NAFDAC) has warned Nigerians against the use of a contaminated children’s drug recalled in the United States. The agency issued the alert following the recall of approximately 90,000 bottles of Children’s Ibuprofen Oral Suspension, USP (100 mg/5 mL), by the United States Food and Drug Administration (USFDA) after reports of foreign materials in the product. According to NAFDAC, the recall was initiated by the manufacturer, Strides Pharma Inc., after consumers reported finding a “gel-like mass” and “black particles” in the oral suspension. The medication is commonly used to relieve pain…

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Parents and community members in Oyo State express concern as abducted pupils and teachers remain in captivity one month after their kidnapping.

Families of dozens of pupils and teachers abducted in Oyo State are enduring growing anguish as the victims remain in captivity one month after they were seized by gunmen in Oriire Local Government Area. The pupils and their teachers were kidnapped on May 15 from Ahoro-Esinle and Yawota communities, with their whereabouts believed to be deep inside the Oyo National Park forest. Despite assurances from President Bola Tinubu’s administration, Oyo State Governor Seyi Makinde and security agencies, the captives have yet to regain their freedom, leaving families trapped in a cycle of fear, uncertainty and heartbreak. Parents say the emotional…

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Iran draw 2-2 with New Zealand in politically charged World Cup clash in LA

Iran twice came from behind in Los Angeles as they denied New Zealand a first win at a World Cup. Motherwell forward Elijah Just gave New Zealand a flying start as he thumped home a half volley after Chris Wood held up the ball and knocked it into his path. New Zealand continued to show promise but, as has already often been the case at this World Cup, the first hydration break midway through the first half proved costly as the momentum swung and Iran found a way to level when Ramin Rezaeian flicked the ball past Max Crocombe. Before…

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