The Court of Appeal in Lagos has ordered the seizure of Zenon Petroleum & Gas Limited’s Victoria Island headquarters over an unpaid judgment debt of N7.2 billion. In a ruling delivered on June 26, 2025, the Appellate Court directed the attachment of the company’s asset, Victoria Island Towers, following a prolonged legal battle between the Asset Management Corporation of Nigeria (AMCON) and Zenon Petroleum. AMCON had previously secured a judgment from the Federal High Court in Lagos against the company for its indebtedness, which led to the enforcement order by the Court of Appeal. Under the ruling, Zenon’s management, led…
Author: Adetutu Audu
The Lagos State chapter of the All Progressives Congress (APC) has commended the Central Bank of Nigeria (CBN) and the Federal Government on the remarkable achievement of raising Nigeria’s foreign exchange reserves to a historic high of $41 billion, reports thegazellenews.com The party in a statement by its spokesperson in the state, Mogaji Oluseye Oladejo described the feat as a, “milestone not only a testament to the sound economic policies of the current administration but also a clear indication of growing investor confidence, improved fiscal discipline, and strategic management of the nation’s resources”. It stated further that, “we recognize the…
A former international, Victor Ikpeba, has showered praises on Olu of Warri, Ogiame Atuwatse 111, over his deliberative drive to use football to unite his community. King Atuwatse marked his 4th coronation during the week in the presence of top Nigerian football legends. Some of those in attendance were: Nwankwo Kanu; Emmanuel Amuneke; Mutiu Adepoju; Austin Eguavoen; Finidi George; Garba Lawal; Ifeanyi Udeze; Taribo West; Peterside Idah; Ifeanyi Ekweme; Victor Ezeji and Kennedy Boboye. A friendly match was organized as part of the celebration of the young King, Chevron all Stars faced the Nigerian football legends. Ikpeba says it was…
The National Youth Leader of the All-Progressives Congress (APC), Dr. Dayo Israel, has affirmed that President Bola Ahmed Tinubu’s Renewed Hope Agenda on the sports economy is not just rhetoric but a genuine and practical pathway to national success. Dr. Israel made this known while hosting the Chairman of the National Sports Commission, Mallam Shehu Dikko, at an event tagged “An Evening with Dikko” held at the Nest Resource Centre in Abuja. The interactive session was aimed at engaging Nigerian youths under the Renewed Hope Agenda and encouraging them to see sports as a viable and rewarding career path. According…
Prince Anthony Adeyinka Adeboye, tSenior Speical Assistant to the President on Grassroot Sports Development, has been appointed as the Director of Liaison Services to the Tinubu Grassroots Movement (TMG). Renowned for his deeply rooted knowledge and influences in the grassroots socio-political landscape, Adeboye, while receiving the letter of appointment, expressed his appreciation and readiness to work and deliver on the mandate of the organisation. “I am honoured toaccept the appointment as Director of Liaison Services to Grassroots Movement for Asiwaju Bola Ahmed Tinubu. “I am grateful for the trust and confidence reposed in me, and I pledge to bring my…
President Bola Ahmed Tinubu has called on Nigerians in the Diaspora to contribute their expertise and resources to consolidating national development and building a stronger and more prosperous country. President Tinubu made the call on Thursday, 21 August, 2025, at Kahala Hotel and Resort, Yokohama, Japan, during an interactive meeting with select members of the Nigerian community on the sidelines of the ongoing Tokyo International Conference on African Development (TICAD9). The meeting, which brought together professionals and entrepreneurs across various fields, allowed the President to share his administration’s achievements and assure them of his commitment to drive economic growth. President…
The Apetu of Ipetumodu in Osun State, Oba Joseph Oloyede, has pleaded for leniency before a United States court after admitting his role in a $4.2 million COVID-19 relief fraud. In a sentencing memorandum filed on Tuesday, 19 August, 2025, before Judge Christopher Boyko of the Northern District of Ohio, the monarch’s legal team argued that the unprecedented disruption of the coronavirus pandemic influenced his decision to commit the offence. “COVID-19 affected all of us differently. Conduct that we would never expect from ourselves or others sometimes manifested itself as we encountered a completely different society,” his counsels said. They…
The stage is set for the 6th edition of the Bodex Social Media Hangout, one of Nigeria’s most dynamic gatherings bridging digital innovation, entertainment, and human connection. Scheduled for Friday, November 21st to Sunday, November 23rd, 2025, this year’s edition promises to be its most impactful yet. With the theme “Social Media & A.I Influence: Transforming Yourself, Services & the Society,” Bodex Social Media Hangout 6.0 will explore how technology and creativity are driving transformation across personal lives, businesses, and communities. Convened by Bodex Hungbo, the Hangout has consistently created a platform where influencers, entrepreneurs, thought leaders, professionals, and enthusiasts…
The Federal Government has closed more than 13.5 million social media accounts and removed nearly 59 million offensive posts across TikTok, Facebook, Instagram and X for violating the Code of Practice. The 2024 Compliance Report submitted by Google, Microsoft, TikTok and others to regulators including NCC, NITDA and NBC revealed the action. NITDA spokesperson, Hajiya Hadiza Umar said the move is aimed at ensuring online safety and enforcing Nigerian laws. She noted that the government will continue to work with stakeholders to promote transparency, strengthen digital literacy and create a safer digital environment.
Controversial Nigerian aphrodisiac seller, Hauwa Mohammed, aka Jaruma, has named singer Davido’s billionaire father, Adedeji Adeleke, as her target. The popular Kayanmata seller made this known in a now controversial video on her TikTok page. Declaring her love for the singer’s father, Jaruma said the billionaire needs a younger woman like her to care for him. While urging him to consider welcoming her into his life, she promised to step into the void left by his late wife, the very absence that had kept him single for years. Captioning the video, Jaruma wrote, “The only man I want is ADEDEJI…