Author: TheLagosianMagazine

By Peter Omopo The Dangote Petroleum Refinery has announced yet another major reduction in the depot price of Premium Motor Spirit (PMS), lowering the gantry rate from N828 to N699 per litre. The latest cut, captured in real-time pricing data published by Petroleumprice.ng on Friday, reflects a N129 reduction per litre — a 15.58% drop — marking the refinery’s second significant price adjustment within weeks. A senior official of the refinery, who declined to be named due to lack of authorisation to speak publicly, confirmed the development, saying: “The refinery has reduced petrol gantry price to N699 per litre.” Industry…

Read More

By Sola Ojewusi The Government of Bayelsa State has announced with deep sorrow the sudden passing of the Deputy Governor, His Excellency, Senator Lawrence Oborawharievwo Ewhrudjakpo, who died on Thursday, December 11, 2025, at the age of 60. In an official statement issued by the Honourable Commissioner for Information, Orientation and Strategy, Hon. (Mrs.) Ebiuwou Koku-Obiyai, the government described the news as a devastating blow to the state, noting that the Deputy Governor was active and engaged in official duties earlier in the day before the tragic incident occurred. According to the statement, Senator Ewhrudjakpo collapsed while walking to a…

Read More

By Sola Ojewusi …A major vote of confidence in President Tinubu’s economic reforms In a significant boost to investor confidence in Nigeria, UK consumer goods giant PZ Cussons has reversed its earlier decision to exit Africa, announcing instead that it will deepen its operations in Nigeria, Ghana, and Kenya. The company cited Nigeria’s improving economic fundamentals, stabilising currency environment, and strong early-year profit performance as key reasons for the U-turn. The announcement—published on Thursday, December 11—comes after a strategic review launched in April 2024, during a period when several multinationals had withdrawn from Nigeria due to foreign exchange instability and…

Read More

LAPO Microfinance Bank has announced the appointment of Edward Osayomwanbor Aghimien, an economist and marketing professional, as a Non-Executive Director. Aghimien, who has more than four decades of experience in the fast-moving consumer goods sector, retail operations, and business development, holds a Bachelor of Science degree in Economics from the University of Benin and a Diploma in Marketing from the Chartered Institute of Marketing, United Kingdom. He has also attended several executive education programmes in the course of his career. He began his career in administrative roles before joining UACN Limited in 1984 where he rose to management positions, including…

Read More

By Peter Omopo Consumer goods giant PZ Cussons has reversed its earlier decision to exit Africa, announcing that it will retain and expand its operations on the continent, driven by improving economic conditions in Nigeria and strong long-term population growth across Africa. The announcement was made on Thursday in a statement published on the company’s website, following the conclusion of a strategic review of its Africa portfolio. According to the statement, the board concluded that keeping the Africa business would deliver greater value to shareholders than selling, noting that the revised strategy aims to balance the Group’s presence across mature…

Read More

By Peter Omopo YENAGOA, Nigeria — Thursday, December 11, 2025 — The Deputy Governor of Bayelsa State, Senator Lawrence Oborawharievwo Ewhrudjakpo, has died after collapsing suddenly in his office this afternoon. According to multiple media reports, the 60-year-old deputy governor slumped in his Government House office in Yenagoa at about 1:30 p.m. (WAT) and was immediately rushed to the nearby Federal Medical Centre (FMC), Yenagoa, for emergency treatment. Hospital sources and family confirmations indicate that Ewhrudjakpo was pronounced dead shortly after arrival at the medical centre, despite urgent efforts to save his life. The exact medical cause of his collapse…

Read More

By Peter Omopo The Adamawa State Government has held an emergency security council meeting following a violent communal clash that broke out in Lamurde Local Government Area. The meeting, chaired by Deputy Governor Prof. Kaletapwa Farauta, brought together critical stakeholders, including the paramount ruler of the Bachama Chiefdom, Homun Ismaila Shaga, in a bid to de-escalate tensions and restore calm. Briefing journalists after the closed-door session, the government appealed for restraint from all parties involved, assuring residents that security agencies and state authorities are working tirelessly to stabilise the situation. Officials said the administration remains committed to addressing both the…

Read More

By Peter Omopo The Fusengbuwa Ruling House of Ijebu-Ode has formally disowned Fuji legend Wasiu Ayinde Marshall, popularly known as KWAM 1, declaring that he is not a member of the royal lineage and therefore not eligible to contest for the vacant Awujale of Ijebuland stool. In a letter dated December 11, 2025, and addressed to the musician, the ruling house said its verification process found no evidence linking Ayinde to the Jadiara Royal House or the larger Fusengbuwa dynasty, whose turn it is to produce the next Awujale. The letter, signed by the head of the ruling house, Otunba…

Read More

By Peter Omopo The Senate Committee on Foreign Affairs on Thursday approved the appointment of several prominent Nigerians for ambassadorial positions, including former Aviation Minister Femi Fani-Kayode and former presidential aide Reno Omokri. Others cleared by the committee include former Interior Minister Abdulrahman Dambazau; ex-presidential adviser Senator Ita Enang; and former lawmaker Senator Grace Bent. Also confirmed for ambassadorial postings were former Chairman of the Independent National Electoral Commission (INEC) Prof. Mahmood Yakubu; former Enugu State governor Ifeanyi Ugwuanyi; former Abia State governor Okezie Ikpeazu; and several other nominees. Drama as senators clash during screening The committee’s screening session—held in…

Read More

By Peter Omopo A Catholic priest on Thursday gave a harrowing account of the June 5, 2022 terrorist attack on St. Francis Catholic Church, Owo, telling the Federal High Court in Abuja how gunmen detonated explosives and opened fire on worshippers, killing more than 40 and injuring over 100 during the Pentecost Sunday service. Testifying behind a protective screen and identified only as “SSA” for security reasons, the priest appeared as the first prosecution witness in the trial of five men charged in connection with the massacre. The defendants — Idris Abdulmalik Omeiza (25), Al Qasim Idris (20), Jamiu Abdulmalik…

Read More