Author: TheLagosianMagazine

By Peter Omopo  Abuja | July 3, 2025 — The Julius Abure-led faction of the Labour Party has issued a 48-hour ultimatum to the party’s 2023 presidential candidate, Peter Obi, demanding his immediate resignation from the party following his alignment with the newly unveiled opposition coalition under the African Democratic Congress (ADC). Obi was formally introduced on Wednesday as a key figure in the ADC-led coalition, a political movement aimed at unseating President Bola Tinubu in the 2027 general election. In a statement released Thursday in Abuja, Labour Party National Publicity Secretary, Obiora Ifoh, accused Obi of political disloyalty and…

By Peter Omopo  Abuja, July 3, 2025 — Seven members of the House of Representatives from Akwa Ibom State have officially defected to the ruling All Progressives Congress (APC), marking a major political shift within the state’s National Assembly caucus. The lawmakers, previously elected on the platforms of the Peoples Democratic Party (PDP) and the Young Progressives Party (YPP), announced their defection in separate letters addressed to Speaker Tajudeen Abbas during Thursday’s plenary session. Their move strengthens the APC’s presence in the lower chamber and signals growing support for the party in Akwa Ibom, a state traditionally dominated by the…

By Sola Ojewusi On June 29, 2025, the heavens opened their gates to history. As Blue Origin’s New Shepard NS-33 rocket roared into the skies from the arid plains of West Texas, aboard it sat a man whose name will forever be etched in the annals of African greatness: Chief Owolabi Salis — the first Nigerian, the first West African, and a proud son of the Yorùba race to travel into space. For centuries, humanity gazed at the stars and dreamt. But on that fateful day, the dream of a nation and a continent found embodiment in one man’s courage,…

By Peter Omopo  Kano, July 3, 2025 — The Federal Government on Wednesday officially commissioned the Northwest Digital Industrial Park in Kano, which had been vandalised during the August 2024 anti-government protests. President Bola Tinubu, who was represented at the event by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijjani, reiterated the administration’s commitment to driving inclusive digital transformation across Nigeria, despite setbacks. The multimillion-naira facility, aimed at nurturing tech talent and entrepreneurship in Northern Nigeria, was completed in January 2024 but suffered extensive damage during the “End Bad Governance” demonstrations on August 1 last year. Speaking…

By Peter Omopo  Abuja, July 3, 2025 — The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has unveiled a new gas-focused transition strategy aimed at eliminating routine gas flaring by 2030 and cutting methane emissions by 60% by 2031. The Commission’s Chief Executive, Gbenga Komolafe, disclosed this on Wednesday while delivering a keynote address at the ongoing 24th Nigeria Oil and Gas Energy Week Conference in Abuja. Speaking at a strategic session titled “Positioning Nigeria’s Upstream Oil & Gas for Energy Security, Sustainability and Economic Resilience,” Komolafe said the strategy is central to Nigeria’s energy future and economic diversification plans. “Our…

By Sola Ojewusi  Football is in mourning today following the tragic death of Liverpool and Portugal forward Diogo Jota, who died in a car accident in Spain early this morning. Jota was just 28 years old. His younger brother, André Silva, 26, also lost his life in the crash. The fatal incident occurred at approximately 12:30am local time (11:30pm BST) on the A-52 motorway near Cernadilla, Zamora, according to Spain’s Guardia Civil. Initial reports indicate the vehicle suffered a burst tyre while overtaking, veered off the road, and caught fire. Jota and André had been travelling together at the time.…

By Peter Omopo  Abuja, July 3, 2025 — Former Vice President Atiku Abubakar, ex‑Labour Party flagbearer Peter Obi, and ex‑Senate President David Mark have officially spearheaded a political coalition under the African Democratic Congress (ADC), aiming to unseat President Bola Tinubu in the 2027 general election. The coalition—revealed at a high‑profile ceremony at Abuja’s Yar’Adua Centre—named David Mark as interim National Chairman and former Osun State Governor Rauf Aregbesola as interim Secretary of the ADC. Key Developments A ceremony saw ADC’s founding chairman, Ralph Nwosu, formally resign and endorse the new leadership, describing the move as a pivotal step in…

LAPO Microfinance Bank Signs MoU with Baobab+ and GreenMax to Expand Access to Clean Energy Across Nigeria Lagos, Nigeria – July 1, 2025 — In a strategic move to deepen its sustainability and social impact agenda, LAPO Microfinance Bank has signed a tripartite Memorandum of Understanding (MoU) with Baobab+ and GreenMax Capital Advisors. The partnership is aimed at scaling access to renewable energy solutions across Nigeria, targeting underserved households and small businesses with affordable clean energy financing options. Facilitated by GreenMax, which will provide a First Loss Guarantee, the agreement underscores a shared commitment to accelerating Nigeria’s transition to sustainable…

By Peter Omopo  Malabo, Equatorial Guinea | July 3, 2025 — Baltasar Engonga, the former Director-General of Equatorial Guinea’s National Financial Investigation Agency, is facing up to 18 years in prison after prosecutors laid out a wide-ranging corruption case against him in a Malabo court this week. Engonga, 54, who has been held at the notorious Black Beach Prison since September 2024, is accused of embezzling public funds, unlawful enrichment, and abuse of power during his tenure as head of the Directorate General of Insurance and Reinsurance from 2015 to 2020. Court documents presented on Monday described what authorities called…

 In a strategic move to deepen its sustainability and social impact agenda, LAPO Microfinance Bank has signed a tripartite Memorandum of Understanding (MoU) with Baobab+ and GreenMax Capital Advisors. The partnership is aimed at scaling access to renewable energy solutions across Nigeria, targeting underserved households and small businesses with affordable clean energy financing options. Facilitated by GreenMax, which will provide a First Loss Guarantee, the agreement underscores a shared commitment to accelerating Nigeria’s transition to sustainable energy, in line with Sustainable Development Goal 7 (SDG 7) — ensuring access to affordable, reliable, sustainable, and modern energy for all. Baobab+, a…