Author: Adejuyigbe Francis

Thought leader. Investor. Quintessential. Idea Bank. Publisher.

Lagos State Government Issues 21-Day Ultimatum To 176 Illegal Estates For Layout Approvals. The Lagos State Government has identified 176 estate developments operating without mandatory layout approvals, issuing a stern 21-day ultimatum for their promoters to regularise their documentation. The estates, primarily located in the Eti-Osa, Ajah, Ibeju-Lekki, and Epe areas, have been flagged as illegal due to their failure to secure approvals from the Ministry of Physical Planning and Urban Development, according to a statement released by the ministry on Monday. The list of non-compliant estates, published following an extensive audit, includes prominent developments such as Adron Homes…

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NOA Issues Urgent Warning On Fake ₦1,000 Notes Circulating In Kwara And Akwa Ibom. The National Orientation Agency (NOA) has raised the alarm over the circulation of counterfeit ₦1,000 notes in Kwara and Akwa Ibom states, urging residents and businesses to exercise heightened vigilance. The warning, issued by NOA state directors in both regions, highlights the activities of syndicates flooding local markets with fake currency, targeting unsuspecting traders and point-of-sale (POS) operators during peak commercial hours. In Kwara, Alhaji Abdulganiyu Dare, the state director of NOA, confirmed intelligence reports of counterfeit ₦1,000 notes bearing batch numbers 364232 and 898248.…

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NNPC Chief Bayo Ojulari Clarifies Voluntary Resignation, Dismisses Forced Exit Claims. Bashir Bayo Ojulari, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), has firmly denied reports that he was coerced into resigning, asserting that his departure from the role was a voluntary decision made on his own terms. In a statement issued in Abuja on 2 August 2025, Ojulari refuted sensational claims of being “abducted” or forced to step down, describing such allegations as “fiction” better suited to a Nollywood drama than credible journalism. Ojulari, who was appointed by President Bola Tinubu in…

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Nigerians To Enjoy Uninterrupted Electricity By 2027, Says Power Minister Adebayo Adelabu. The Minister of Power, Chief Adebayo Adelabu, has announced that Nigerians can expect a reliable, uninterrupted electricity supply by the end of President Bola Tinubu’s tenure in 2027. Speaking at the commissioning of the Kwaru 1X15MVA 33/11KV injection substation in the Ikotun-Egbe area of Lagos State on 1 August 2025, Adelabu expressed confidence in the government’s ongoing efforts to transform the nation’s power sector, heralding a new era of energy security. Adelabu highlighted the Tinubu administration’s commitment to addressing Nigeria’s long-standing power challenges through a multi-faceted approach.…

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PlayStation Creator Ken Kutaragi Celebrates 75th Birthday. Ken Kutaragi, widely revered as the “Father of the PlayStation,” marked his 75th birthday on August 2, 2025, a milestone for the pioneering Japanese engineer and businessman. Born in Tokyo in 1950, Kutaragi’s innovative spirit transformed the gaming industry when he spearheaded the development of the original PlayStation, launched by Sony in 1994. This console, with its revolutionary 3D graphics and titles like *Tomb Raider* and *Metal Gear Solid*, displaced industry giants Nintendo and Sega to become the era’s most popular gaming system. Kutaragi’s journey began in the mid-1970s when he joined…

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Ademola Lookman Submits Transfer Request Amid Atalanta Dispute Over £50m Inter Move. Ademola Lookman, the Atalanta forward, has formally submitted a transfer request following a dispute with the club. The 27-year-old Nigerian international, who joined Atalanta from RB Leipzig in 2022, expressed his frustration in a public statement, citing “broken promises” and “poor treatment” from the club’s management. Lookman highlighted his three-year tenure, during which he scored 52 goals and provided 25 assists in 118 matches, including a historic hat-trick in the 2024 Europa League final against Bayer Leverkusen. He noted an agreement with the club’s ownership that…

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D’Tigress Crowned AfroBasket Champions For Historic Fifth Consecutive Time. Nigeria’s D’Tigress have once again etched their name in the annals of African basketball history, clinching an unprecedented fifth consecutive Women’s AfroBasket title. In a thrilling final on Sunday, 3 August 2025, at the Palais des Sports Treichville in Abidjan, Côte d’Ivoire, Nigeria defeated Mali with a commanding 78-64 scoreline to claim their seventh overall AfroBasket crown. The match was a showcase of D’Tigress’ resilience and tactical prowess. Despite a slow start, with Mali edging the first quarter 26-21, Nigeria fought back fiercely in the second, levelling the score at…

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India Stands Firm On Russian Gas Imports Despite US Tariff Threats. India has reaffirmed its commitment to purchasing Russian gas, shrugging off warnings from US President Donald Trump, who threatened economic repercussions for New Delhi’s energy ties with Moscow. The statement, made by Trump on 2 August 2025 via Truth Social, described India’s imports as “playing with fire” and vowed to impose penalties, including a 25% tariff on Indian goods starting 7 August, alongside an unspecified additional sanction for its trade with Russia. Indian officials swiftly rebuffed the pressure, with government sources emphasising that energy purchases are driven…

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Dangote Refinery Names David Bird As New CEO To Drive Expansion. Nigeria’s Dangote Petroleum Refinery and Petrochemicals has appointed David Bird, a former Shell executive, as its new chief executive officer, marking a pivotal moment for the $20 billion facility. The announcement, made on 1 August 2025, signals the company’s ambition to overcome production challenges and expand its influence across Africa’s energy sector, with Bird’s appointment effective from July 2025. Bird, a seasoned industry veteran with over 30 years of experience, brings a wealth of expertise from his 14-year tenure at Shell, where he spearheaded the $12 billion…

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Seth Rollins Stuns WWE Universe With Dramatic Cash-In At SummerSlam 2025. In a jaw-dropping turn of events at SummerSlam 2025, Seth Rollins pulled off what many are calling the “ruse of the century” to claim the WWE World Heavyweight Championship. The electrifying moment unfolded at MetLife Stadium in East Rutherford, New Jersey, on Saturday, 2 August 2025, leaving fans in disbelief and cementing Rollins’ reputation as a master strategist. The night’s main event saw CM Punk achieve a monumental victory, defeating Gunther to capture his first WWE world title in over a decade. The hard-fought match, lasting over…

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Minister Clarifies NBC’s Sole Authority To Suspend Broadcast Licences Amid Badeggi FM Controversy. The Nigerian Minister of Information and National Orientation, Mohammed Idris, has reiterated that only the National Broadcasting Commission (NBC) possesses the legal authority to suspend or revoke broadcast licences in Nigeria. This statement comes in response to the recent directive by Niger State Governor Mohammed Umaru Bago to shut down Badeggi FM, a privately-owned radio station in Minna, over allegations of unethical broadcasting and incitement against the state government. On Thursday, 1 August 2025, Governor Bago ordered the immediate closure of Badeggi FM during an expanded…

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President Tinubu Celebrates D’Tigress’ Historic Fifth Consecutive AfroBasket Final Appearance. President Bola Tinubu has hailed Nigeria’s women’s basketball team, D’Tigress, for their remarkable achievement in reaching the final of the 2025 FIBA Women’s AfroBasket, marking their fifth consecutive appearance in the championship game. The team secured their place with a hard-fought 75-68 victory over Senegal in a thrilling semi-final clash on Saturday at the Palais des Sports de Treichville in Abidjan, Côte d’Ivoire. In a statement released on Sunday by his Special Adviser on Information and Strategy, Bayo Onanuga, President Tinubu praised the team’s resilience, discipline, and unwavering team…

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