FEATURES

FEATURES

A 45-year-old Indonesian man has allegedly killed his 60-year-old neighbour after being repeatedly asked why he wasn’t married.

The incident occurred on July 29 in South Tapanuli regency, North Sumatra, as reported by the Straits Times.

 

Assistant Police Commissioner Maria Marpaung identified the victim as Asgim Irianto.

 

 

The alleged attacker, Parlindungan Siregar, reportedly grew increasingly frustrated with Irianto’s persistent questioning regarding his single status.

According to statements provided by Irianto’s wife, Siregar arrived at their home armed with a piece of wood and launched a sudden assault on Irianto.

The victim fled into the street, but Siregar pursued him and delivered a fatal blow to his head. Despite Irianto falling to the ground, Siregar continued the assault until other residents intervened.

Emergency responders rushed Irianto to the hospital, but he succumbed to his injuries en route.

Siregar was arrested shortly after the attack. Authorities suspect that the motive behind the violence was linked to Siregar’s irritation over Irianto’s repeated inquiries about his marital status.

 

The investigation into the incident is ongoing.

Nigerian artistes Tems and Rema have earned spots on Barack Obama’s highly anticipated 2024 summer playlist.

Curated by the former U.S. president, the playlist features a diverse mix of international and domestic artists.


Obama announced the playlist via his X handle, stating, “With summer winding down, I wanted to share some songs that I’ve been listening to lately – and it wouldn’t be my playlist if it didn’t include an eclectic mix. I hope you find something new to listen to!”


The playlist includes Tems’ track “Love Me Jeje” from her debut album, showcasing her soulful style and emotional depth.

Rema’s “Yayo” from his sophomore album “HEIS” also makes the cut, having topped the charts in Greece and amassed over 60 million streams on Spotify.

Obama’s playlist also features Charli XCX’s “365,” Beyoncé’s “Texas Hold ‘Em,” Tommy Richman’s “Million Dollar Baby,” “Wanna Be” by Glorilla & Megan Thee Stallion, Billie Eilish’s “CHIHIRO,” as well as classic tracks like 2Pac’s “How Do U Want It” featuring K-Ci & JoJo and Bob Dylan’s “Silvio.”

Recall during a recent interview with influencer Carter Gregory (thecarterb), Obama revealed that his daughters, Sasha and Malia, play a key role in keeping his musical tastes current and broadening his musical horizons.

“I get referrals from my daughters — which keeps me not stuck in the ’80s,” the former president told Mr Gregory.

Nigerian singer, Peter Okoye, better known as Mr P, of the now defunct Psquare music group, has explained the fallout between him and his twin brother, Paul, better known as Rudeboy and their elder brother, Jude Okoye.

Naija News recalls that in June, Nigerian celebrity journalist, Stella Dimokokorkus, said the twin brothers are at war over joint funds being allegedly diverted by their elder brother cum music executive, Jude Okoye.

 

In a recent interview with City FM, Lagos, Rudeboy recounted how Peter used the Economic and Financial Crime Commission (EFCC) to arrest him and Jude.

In his response, Peter, in a statement on Monday, said he has never petitioned the EFCC against his twin brother.

The singer explained that he, Paul and Jude own a management company called Northside Entertainment, which they use to manage all P-Square affairs.

However, he came across a company with a similar name called Northside Music.

He investigated the company and was shocked to discover that the founder and director of the company were his elder brother, Jude, and Jude’s wife, Ifeoma Okoye.

Peter said the address used to register the company was Ifeoma’s family home, and he asked his twin brother, Paul, who denied knowing anything about the company.

This prompted his decision to involve his lawyers and instructed them to file a petition against the suspect, Jude, but told them to exclude his twin brother.

Peter said he filed the petition because he discovered that “millions of dollars and hundreds of millions of Naira were being secretly diverted into this secret company’s account, Northside Music from our own Northside Entertainment.”

He said the investigation by EFCC found that Jude’s secret company had been collecting Northside Entertainment’s royalties for years.

He said Jude also mentioned Paul’s name while being questioned, which is why the EFCC invited his twin.

See the full statement below.

 
 

Dangote refinery and other local refineries have raised their crude oil requirements from Nigeria’s oil producing companies to 597,000 for the next five months.   

This is according to a statement from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and reported by Reuters on Monday. 

 

Crude oil-producing companies in Nigeria are expected to supply the Dangote refinery and other local refineries with about 597,700 barrels per day (bpd) of crude in the next five months to meet local demands.

This is according to a statement from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), and reported by Reuters on Monday.

According to the report, Nigeria’s refineries have increased their domestic crude requirements for the second half of 2024 to 597,700 barrels per day, up from 483,000 barrels per day in the first half.


NUPRC also confirmed that the oil companies were only able to provide 177,777 bpd to the refineries in the first six months of the year, way below the requirements of the refineries.

The increasing crude requirements of local refineries, coupled with the challenges oil producers face in meeting demand, have created tensions between the 650,000-bpd Dangote Refinery and the regulator.


NURPC’s failure to enforce PIA

Nairametrics earlier reported that the Dangote Refinery accused the NUPRC of failing to enforce the Petroleum Industry Act (PIA) in relation to the domestic supply of crude oil to local refineries.

In a statement released on Friday, the refinery’s spokesperson, Anthony Chiejina, stated that NUPRC has only facilitated the sale of a single cargo between the refinery and crude oil producers.

Chiejina further noted that the regulatory body cited the “sanctity of a contract” as the reason for its inability to enforce its own Act.


“Aside from the term supply we bilaterally negotiated with NNPCL, so far NUPRC has only facilitated the purchase of one crude cargo from a domestic producer. The rest of the cargoes we have processed were purchased from international traders.

“All we are asking for is for refineries in Nigeria to buy crude directly from the companies that produce it in Nigeria rather than from international middlemen.

“Unfortunately, the NUPRC has effectively admitted in their statement, that they will be unable to enforce the domestic crude supply obligation as specified in the PIA citing “sanctity of contracts” as an excuse,” the statement read.


President Bola Tinubu has commissioned the first set of Compressed Natural Gas (CNG) buses at the Presidential Villa, Abuja.

The buses numbering 20 were said to be the first batch produced locally by local manufacturer, Innoson Motors.

Some of the CNG buses were driven to the forecourt of the Presidential Villa, where the President took a break from the Federal Executive Council (FEC) meeting to commission them.

The provision of the CNG buses were part of the Federal government efforts to reduce the pains caused by the removal of the fuel subsidy by the Federal Government.

Recall that the Chairman and Chief Executive Officer of Innoson Motors, Chief Innocent Chukwuma, met with President Tinubu last week at the State House.

While speaking to journalists, the Innoson Motors boss promised that very soon, CNG vehicles will be on the road in many cities of the federation to ease the transport problem being experienced in the country.

Tinubu commissions CNG buses, swears in HoS - Daily Trust

Last modified on Tuesday, 13 August 2024 05:12

International Breweries Plc, an alcoholic beverage maker in Nigeria, has appointed Chijioke Nkechinyere Ugochukwu as its new Independent non-executive director, effective July 25, 2024.

 

According to a recent statement, Ugochukwu is a Chartered Director and Fellow of the Institute of Directors (IoD), United Kingdom, and of the CIoD Nigeria as well as a Fellow of the Chartered Institute of Bankers Nigeria (CIBN).

“She has spent 34 years in the Board room and is presently an Independent Director with Access Pensions Limited and with Consolidated Hallmark Holdings Plc as well as a NonExecutive Director with Chams Holdings Plc and Card Centre Nigeria Limited,” the statement said.

In addition, she serves on several committees and councils of the CIoD Nigeria, the CIBN, and the Lagos Business School (LBS) and is a member of the Board of Governors of the Babington Macaulay Seminary.

 

Ugochukwu was the executive director of shared services & products and chief information officer at Fidelity Bank Plc. She holds a Bachelor of Laws (LL.B Hons.) degree from Obafemi Awolowo University, Ile-Ife, and a Barrister at Law (BL) from the Nigerian Law School.

“She also holds a Master of Business Administration degree from IESE/University de Navarre, Barcelona,” it added.

The new non-executive director has attended several Executive Education programs globally at the Institute of Directors UK, the Institute of Management Development (IMD), Massachusetts Institute of Technology (MIT), Harvard Business School, Stanford Graduate School of Business, Oxford Said Business School, The Wharton School and Columbia Business School amongst others. She also facilitates Business Ethics and Women in Leadership classes at the Lagos Business School.

[Businessday]

Key Points


  • Owen Omogiafo, 44, is President and Group CEO of Transcorp Group, holding a $4 million stake in Transcorp Power Plc.
  • Under Omogiafo’s leadership, Transcorp Group’s revenue surged 114% YoY in H1 2024, reaching $110 million.
  • Omogiafo is recognized as one of Africa’s top 100 women in leadership, influencing various sectors beyond corporate success.

Nigerian business executive, Owen Omogiafo, exemplifies exceptional leadership. She has not only shattered glass ceilings and accumulated significant wealth but also reshaped the narrative of leadership and success for women in Africa.

At 44, Omogiafo is the President and Group CEO of Transcorp Group and holds a stake worth over $4 million in Transcorp Power Plc, a company she has played a crucial role in steering toward remarkable growth.

Career spanning over two decades

Omogiafo’s ascent to prominence reflects her extensive experience and expertise across diverse sectors, including financial services, hospitality, and energy.

With a solid educational foundation—earning a bachelor’s degree in Sociology and Anthropology from the University of Benin and a Master’s in Human Resource Management from the London School of Economics & Political Science—Omogiafo has shaped a distinguished career over the past two decades.

Her professional journey is highlighted by pivotal roles that paved the way for her current leadership position. She began her career at Accenture as an Organization and Human Performance Consultant, where she specialized in Change Management.

Omogiafo further refined her skills in human capital management while serving as the HR Advisor to the Group Managing Director at the United Bank for Africa Plc. She later assumed a leadership role as Director of Resources at Heirs Holdings, a Pan-African investment company, where she solidified her reputation as a strategic thinker and transformative leader.

Owen Omogiafo leads Transcorp Group to new heights

Owen Omogiafo’s rise to the helm of Transcorp Group—a diversified conglomerate with interests in hospitality, oil & gas, and power—has been truly groundbreaking. As both the first female and the youngest leader in the group’s history, her impact has been profound.

Under her leadership, Transcorp has not only grown but thrived, becoming the 18th most valuable listed company on the Nigerian Exchange (NGX) with a market capitalization of $283 million. The group’s total assets stand at $390 million, with retained earnings of $60 million as of June 30, 2024.

In H1 2024, the company’s revenue soared by 114 percent year-over-year, totaling $110 million and far exceeding investor expectations. This surge is largely driven by its energy unit’s exceptional performance, which has been a key factor in the group’s impressive financial results.

Owen Omogiafo’s $4 million stake in Transcorp Power revealed

One of Omogiafo’s standout achievements is her pivotal role in the spin-off and subsequent listing of Transcorp Power Plc, a key subsidiary of Transcorp Group. The decision to list Transcorp Power has proven exceptionally lucrative, with the company’s market capitalization soaring to $1.74 billion.

Since its debut on the NGX on Mar. 4, Transcorp Power’s share price has surged by more than 41 percent, underscoring robust investor confidence and the company’s impressive performance amidst a challenging economic landscape.

Demonstrating her confidence in the company’s future, Omogiafo holds a 0.23 percent stake in Transcorp Power, valued at over $4 million. This investment underscores her position as one of Nigeria’s wealthiest executives and one of the richest female leaders in the country.

Owen Omogiafo: Beyond corporate success

Beyond her corporate achievements, Owen Omogiafo’s influence extends to various boards and advisory roles. She serves on the boards of several notable companies, including Afriland Properties, Transcorp Power, TransAfam Power, and Abuja Electricity Distribution Company. Additionally, she plays a pivotal role on the Advisory Board of Heirs Academy and is the Vice President of the Lagos Business School Alumni Association.

Omogiafo’s leadership and achievements have not gone unnoticed. She has been recognized as one of Africa’s top 100 women in leadership and one of the 100 Most Influential African Women, highlighting her significant contributions to the business world and her role as a trailblazer for women across the continent.

[billionaires.africa]

The Federal Competition and Consumer Pricing Commission (FCCPC) has stated that disproportionate pricing of imported goods mostly among retailers is mostly responsible for inflation in consumer goods in the country.  

In a statement by the FCCPC’s Executive Vice Chairman/Chief Executive Officer, Tunji Bello where the commission stated its intention to engage with market leaders to check against exploitative pricing across the country.  

According to the statement, the commission stated that by collaborating with market leaders, it is confident that a consensus can be reached on fair product pricing to avoid excessive profiteering at the expense of consumers during these economically challenging times. 

 

It stated, “While it is recognized that the exchange rate has impacted the value of the Naira, it is however observed that prices charged are, in most cases, disproportionate for imported products and excessive for locally produced ones.”  

“This unfair practice is prevalent in the retail segment of the distribution chain where some market associations are engaged in price fixing at the expense of consumers.” 

The Commission noted that efforts to protect Nigerian consumers align with President Bola Tinubu’s renewed hope agenda. 

The Commission has already directed supermarket operators to clearly display product prices on their shelves, ensuring transparency and preventing situations where shoppers only discover prices after making payment and receiving a receipt. 

Backstory 

The FCCPC previously issued a strong warning to those involved in the food chain sector, cautioning against unjustified price hikes. 

The FCCPC highlighted that its monitoring efforts uncovered evidence of conspiracies, price gouging, hoarding, and other unfair practices among participants at the distribution and retail levels. 

Abdullahi expressed concern that certain actors in the food chain sector were taking advantage of consumer anxiety to inflate prices, describing these actions as reprehensible, unethical, exploitative, and illegal. 

What you should know 

  • Nigeria is experiencing one of the worst costs of living crisis in a generation with inflation at 34.19% and food inflation at 40.87% in June 2024- the highest in 28 years.
  • The increase in food costs has been largely attributed to the depreciation of the naira, conflicts in food-producing regions, and soaring transportation expenses. 
  • The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, highlighted that new inflationary pressures are emerging, extending beyond traditional monetary factors and the impact of exchange rates on inflation.  
  • His comments were revealed in a document issued by the CBN, summarizing the views of the MPC members. Cardoso also noted that seasonal factors, such as price increases during religious
  • fasting and festive periods, are contributing to the cyclical nature of prices.

[Nairametrics]

 

The West African Examination Council (WAEC) has released the 2024 West African Secondary School Certificate Examination (WASSCE) for the May/June examination.

The examination body announced this on Monday, “The West African Examinations Council is pleased to inform candidates who sat for WASSCE school candidates 2024 that the result has officially been released today, Monday, 12th August 2024.”

Where Can The 2024/2025 WAEC Result Be Checked?

The 2024/2025 WAEC result can be checked via SMS or in the WAEC Result Checker platform, where the exam results are being uploaded.

The requirements to check the WAEC 2024/2025 result are:
1. A WAEC Registration Number that was issued to you before taking the exam. All the necessary details are contained in your WAEC ID.

2. You need an unused result checker PIN. If you have already used your initial PIN, you can purchase a new one through the Remita outlet by:
a. Going to https://www.remita.net/
b. Scroll and click on the “Buy WAEC PIN” icon.
c. Provide the necessary information and solve the Captcha to prove you’re not a robot.
d. Click “Submit”
e. Enter your payment details, the cost of the PIN and additional charges on Remita is ₦4,500.
f. Note that there is a limit to the number of times you can use the PIN on your card. After that, you would need to purchase a new one.

 

3. You need your WAEC Identity card serial number.
4. You would also need to know your examination number type.
5. You need a smartphone, tablet, or laptop that has an internet connection.

How To Check Your WAEC Results Via SMS
Note that only MTN, Glo & Airtel Subscribers can check their WAEC Results using this SMS method.
1. Using your mobile device, Type WAEC*ExamNo*PIN*ExamYear
2. ⁠Send to 32327
3. You will receive a message instantly containing your WAEC statement of result.
Note: If you did not receive your WAEC result via SMS, kindly repeat this step.

How to Check The WAEC 2024/2025 Examination Result On The Web
1. Type and click on www.waecdirect.org on your browser
2. Fill in your WAEC registration number, PIN, serial number, and examination type.
3. Double-check your details and click on the “Submit” button.
4. Your result will be displayed on the screen.

[Leaderhip]

There was no single death recorded in Kano State during the #EndBadGovernance protest, according to the police.

Commissioner of Police in Kano, Salman-Dogo Garba, said this during a press conference where suspects were paraded on Monday.

He said, “Going by the records, so far, we are not aware of any casualties recorded.”

Daily Trust reported how more that five persons were killed during the protests, which was hijacked by hoodlums in some instances.

Families of deceased persons are still mourning their loved ones who were said to be killed by bullets during the protest.

Garba added, “Aftermath of these events resulted in the arrest of 873 suspects and recovery of a large quantity of exhibits. The command arrest and prosecute 600 suspects for various offences, including criminal conspiracy, inciting disturbance, riot, theft, mischief, and arson.

“Arrest and prosecution of 150 suspects for violating the curfew enforced by the Kano State Government. Arrest of an additional six suspects linked with masterminding the destruction, setting ablaze and looting of the Kano Printing Press (KPP) are undergoing investigation. Arrest and transfer of 76 suspects flying Russian flags, including a foreigner to Force Headquarters, Abuja for discreet investigation on charges of sedition.

“Arrest of 41 suspects for other major crimes including armed robbery, kidnapping, car theft and recovery of two AK-47 Exhibit Rifles and other substantial properties looted by the hoodlums at Audu Baku Secretariat NCC Office, High Court Complexes, Kano Printing Press (KPP), Super Markets.”

 

He added that despite the challenges posed by the recent protest, the command has succeeded in the arrest of two suspected kidnappers, five suspected armed robbers, eight suspected car thieves, two human trafficking suspects, one notorious drug dealer and 23 suspected thugs.

The command also rescued 13 trafficking victims, recovered two AK-47 Rifles and one Beretta Pistol, 47 live ammunition eight motor vehicles and four sacks containing Exol Tablets.

Others are two Bajaj Boxer Motorcycles, 22 cows,15 sheep, and four donkeys.

 

He therefore reiterated that the Kano State Police Command remains committed to maintaining law and order, preventing crime, and protecting the rights of citizens to peaceful protest.

[DailyTrust]