Author: YSOTHEGREAT

Banks will commence implementing charges for alerts and other short messages (SMS) communications to their customers at the rate of N6 for every SMS transaction with effect from today. This is coming on the heels of the increase in telecommunications rates by telecommunication providers following a nod by the Federal Government. The SMS charges were increased by 50% to N6 from the previous N4 per message. Various banks had sent emails to their customers to inform them of the new SMS rate. For instance, an email from Guaranty Trust Bank Limited with the heading “Increase in SMS Transaction Alert fee”…

As Nigeria celebrates International Workers’ Day, Rt. Hon. Adebo Ogundoyin, the Chairman of the Conference of Speakers of State Legislatures of Nigeria, has urged state legislatures to reinforce their commitment to enacting laws that promote job security, fair wages, and improved labor conditions for Nigerian workers. In his May Day message, Rt. Hon. Ogundoyin emphasized the critical role of workers in driving national development and stressed the need for legislative actions that protect their rights and enhance workplace standards. He noted that the growing economic challenges require urgent government intervention to safeguard workers from instability and hardship. “The Nigerian workforce…

…….reaffirms commitment to workers’ welfarism through legislative support. As the entire workforce in the service of Oyo State Government and others in the private sector join their counterparts across the world to celebrate this year Workers’ Day, the Oyo State House of Assembly has reiterated that the tireless efforts of workers in boosting the State economy can not be placed aside in the recent rapid development experienced in the PaceSetter State. This was contained in a message issued to felicitate workers in the State on the occasion of year 2025 International Workers’ Day celebration, signed by the Chairman, House Committee…

This comes after the dissolution of all former structures, which the party said were rendered vacant by the defections. The Peoples Democratic Party (PDP) has vowed to challenge the recent wave of defections from its Delta State chapter in court, describing the situation as a painful betrayal but also a “blessing in disguise.” This move follows the defection of Delta State Governor Sheriff Oborevwori, former governor and 2023 Vice-Presidential candidate Senator Ifeanyi Okowa, and virtually the entire state party structure to the ruling All Progressives Congress (APC). Speaking to journalists after a meeting of the party’s National Working Committee (NWC) on…

Governor Umo Eno of Akwa Ibom State has given hint of his possible defection to the ruling All Progressives Congress (APC), noting that the main opposition Peoples Democratic Party (PDP) was like a spoilt plane and may no longer has the capacity to take him to the next destination from 2027. Speaking against the backdrop of recent gale of defections from the PDP with the latest being the Delta State governor Sheriff Oborewori, who moved with several supporters to the APC, Pastor Eno hinted that the heavily fragmented PDP may soon grind to a halt. Addressing a mammoth crowd that…

The atmosphere was electric at the International Conference Center, University of Ibadan, as the Oyo State Youth Summit 2025 reached its climax with a powerful and revealing speech from the Executive Governor of Oyo State, His Excellency Engineer Seyi Makinde. In a moment that gripped the audience, Governor Makinde shared a personal milestone that stunned many: “I started paying salaries at age 29,” he declared, drawing gasps and admiration from the hall filled with youths, dignitaries, and thought leaders. But the Governor’s message went far beyond personal anecdotes. His core theme centered on unlocking economic prosperity — not just for…

The new management of the Nigerian National Petroleum Company Limited has fired the managing directors of the three refineries under the purview of NNPCL. The refineries include the Port Harcourt Refining Company, Warri Refining and Petrochemical Company, and the Kaduna Refining and Petrochemical Company. Some other senior officials of the national oil firm were also asked to leave, among them is Bala Wunti, a former chief of the National Petroleum Investment Management Services, a subsidiary of NNPCL. The new management also asked many officials with one year to their various retirement dates to leave. Although the company’s spokesperson, Olufemi Soneye,…

The Corporate Affairs Commission (CAC) has issued a six-week notice to unregistered businesses to register with the Commission or face jail term prosecution.This was disclosed in a statement issued by the CAC on Tuesday, titled: “PUBLIC NOTICE: CARRYING ON BUSINESS IN NIGERIA UNDER AN UNREGISTERED NAME OR ACRONYM.” The development comes amid the collapse of the fraudulent cryptocurrency investment scheme known as “CBEX,” which defrauded Nigerians of approximately N1.3 trillion. The Economic and Financial Crimes Commission (EFCC) had emphasized that although ST Technologies International Limited—promoter of CBEX—was registered with the CAC, it was not licensed by the Securities and Exchange…

Manager to Juju legend King Sunny Ade (KSA), Dayo Adegeye, has dismissed rumors that the music icon was abducted. In a statement on Tuesday, Adegeye described the claims as “malicious” and aimed at damaging KSA’s reputation. He said, “We want to assure the public that King Sunny Ade is safe and sound. There is no truth to the kidnapping rumor.” He added, “The King of World Beats, King Sunny Ade, is not abducted or kidnapped by anyone. The Adegeye family and King Sunny Ade’s team are working diligently to put an end to the rumor and protect his reputation.” Dayo issued…

Warri refinery shutdown drags on since January 25, P/Harcourt refinery struggles at under 40% production capacity Industry operators and experts have questioned the operational integrity of the Nigerian National Petroleum Company Limited, particularly regarding transparency, efficiency, and overall management of Nigeria’s refineries under its purview. This is after the revelation that the Warri Refining and Petrochemical Company has remained shut since January 25, 2025, due to safety issues in its Crude Distillation Unit Main Heater. An April 2025 document on the Midstream and Downstream sector obtained from the Nigerian Midstream and Downstream Petroleum Regulatory Authority revealed that the refinery, which…