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Fuel Price Hike: Civil Society Groups Protest In Edo, FG Calls For Patience

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Civil society groups under the aegis of the Edo Civil Society Organisations have taken to the streets of Benin City, the state capital, in protest against the recent hike in fuel prices.

They walked through some major streets and condemned the increase and the high cost of governance in Nigeria.

The protesters claim the cost of governance is high in Nigeria.

The protesters are piqued by what they described as an increment in the price of petrol amid penury.

According to them, the new National Assembly members are made to share huge sums running into billions of naira to improve their working conditions while the downtrodden groan under the new fuel regime.

Carrying placards with several inscriptions, the Edo civil society groups also rejected the proposed N8,000 palliative by the Federal Government following the removal of the petrol subsidy.

The protest comes almost two months after President Bola Tinubu declared the subsidy era gone. Since the development, the price of the commodity has increased from around N900 per litre to between N600-N700 across the country.

While the Federal Government says the move is in the best interest of the country, critics argue it will plunge the country into crisis.

In the wake of the move, the Federal Government proposed an N8,000 palliative for Nigerians but later said it would review it after a wave of backlash.

It also called for patience and said measures were being worked out to ease the pains occasioned by the subsidy removal.

“As a government, we have heard your cries about fuel price increases, and be rest assured, we are working round the clock to normalize & bring solutions that ease the pain,” the Secretary to the Government of the Federation (SGF) George Akume, said late Sunday. “Our job is to give you the quality of life you deserve when you wake up. So far, we are on course.”

Already, some state governments, notably Bayelsa, have rolled out vehicles to aid movement.

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Access Bank Retains Title as Nigeria’s Most Valuable Brand for Fourth Consecutive Year

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Access Bank PLC has once again emerged as Nigeria’s most valuable brand, securing the top position for the fourth consecutive year in the latest “Nigeria 25 2025” ranking by Brand Finance, the world’s leading brand valuation consultancy.

This achievement reaffirms Access Bank’s sustained brand leadership and its impact on the financial landscape through innovation, customer-centricity, and strategic growth.

The 2025 report shows that banks now account for 59per cent of the total brand value in the ranking, reflecting the strength and influence of the sector in shaping Nigeria’s economic future.

The Nigeria 25 2025 ranking also highlights considerable shifts in the country’s strongest brands, with banking brands rising through the ranks to dominate the top 10. This demonstrates a growing recognition of the sector’s resilience and adaptability, particularly as financial services play an increasingly crucial role in driving Nigeria’s economy forward.

Babatunde Odumeru, Managing Director, Brand Finance Nigeria, noted that, “Nigerian banking brands continue to grow, successfully navigating a challenging economic landscape with strategic agility while also maintaining customer loyalty.”

Commenting on the ranking, Roosevelt Ogbonna, Managing Director/CEO of Access Bank, said:

“This recognition as Nigeria’s most valuable brand for the fourth year running is a testament to the strength of our people, our customers’ trust, and the strategic clarity that drives everything we do. At Access Bank, we remain committed to delivering value through innovation, financial inclusion, and impactful partnerships across Africa and beyond.”

Also speaking on the milestone, Bolaji Agbede, Acting Group Chief Executive Officer of Access Holdings PLC, stated:

“Access Bank’s brand leadership reflects the Group’s long-term vision of becoming the world’s most respected African financial institution. As we continue to evolve and expand our footprint, we are focused on delivering sustainable growth, deepening stakeholder trust, and enhancing the customer experience across all our markets.”

Access Bank’s performance in the ranking showcases the results of sustained brand investment, operational excellence, and strategic expansion across Africa, with a growing presence in key global markets.

The dominance of banks in the “Nigeria 25 2025” list further reinforces investor and consumer confidence in the sector’s long-term stability, innovation capacity, and economic significance.

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Tottenham Defeat Man United, Lift Europa League Title

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By Augustine Akhilomen

Tottenham have won its first European title since 1984 after defeating Manchester United 1-0 in Wednesday’s Europa League final at Bilbao.

The win means Spurs have clinched a spot in next season’s Champions League..


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Minister, EFCC Chair Inspect 753-Unit Housing Estate Recovered From Emefiele

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The Minister of Housing and Urban Development, Ahmed Dangiwa, and the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, jointly inspected a confiscated 753 units housing estate comprising 753 units, previously owned by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele.

The estate, located in Abuja, was recovered by the EFCC and officially handed over to the Federal Ministry of Housing and Urban Development in line with a directive from President Bola Tinubu.

Speaking during the inspection on Wednesday, Dangiwa disclosed that the ministry would immediately commence technical assessments by conducting integrity tests on the buildings.

He noted that upon successful evaluation, the housing units will be completed and made available for purchase by Nigerians through the Renewed Hope Housing Portal, which is already active.

“The government of the day is serious about fighting corruption. This recovery is a landmark achievement—one of the most significant in the country’s recent history within such a short time. It reflects our commitment to transparency, accountability, and ensuring that national assets serve the Nigerian people,” Dangiwa said.

He further urged public office holders to shun corrupt practices and called on Nigerians to continue to support the EFCC in its mission to recover looted assets for public benefit.

On his part, EFCC Chairman Olukoyede emphasised the importance of public trust and transparency in the agency’s work.

“What many Nigerians had seen previously were just aerial shots on television. The essence of this visit is to show that it is real. We want the public to know that the EFCC does not just seize properties—it ensures they are put to productive use,” he stated.

The estate is expected to be integrated into the Federal Government’s National Social Housing Programme, in alignment with President Tinubu’s agenda to promote affordable housing and good governance.

Earlier on Tuesday, the Ministry of Housing and Urban Development officially confirmed receipt of the property from the EFCC during a handover ceremony held at the Ministry’s headquarters in Mabushi, Abuja.

In a statement issued by the Ministry’s Director of Press and Public Relations, Salisu Badamasi Haiba, Dangiwa applauded the EFCC for its commitment to asset recovery and the broader anti-corruption fight.

“This marks a significant milestone in our collective determination to ensure that recovered assets are put to productive use in ways that directly benefit the Nigerian people. The housing estate recovered from the former governor of the central bank is a case in point,” the statement read.

The estate, located at Plot 109, Cadastral Zone CO9, Lokogoma District, Abuja, spans over 150,000 square metres. The seized property secured both interim and final forfeiture orders in December 2024.

Emefiele, through his lawyer Adeyinka Kotoye (SAN), had argued that he was not properly informed about the proceedings and claimed the EFCC published the notice in an obscure part of a newspaper. He said his ongoing trials in Abuja and Lagos also made it difficult to respond in time.

However, Justice Jude Onwuegbuzie ruled that the publication met legal requirements and that Emefiele had enough time—over two weeks—to challenge the forfeiture but failed to do so.

The judge stressed that only those with a clear legal interest in a property can apply to reverse a forfeiture. He dismissed Emefiele’s motion, affirming the estate’s permanent forfeiture to the government.

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