Oluwatosin Ogunjuyigbe

I tell stories and increase audiences. @BusinessDayNg ex: @VenturesAfrica| Market analyst| Tech enthusiast. https://t.co/UXL8JgDirH

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Articles

Professor Pat Utomi considers leaving Nigeria over government pressure

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

Professor Pat Utomi, a former presidential candidate, says he may leave Nigeria over alleged attempts to silence him. On 5th May, Utomi announced the formation of a shadow government. The initiative, launched online under the banner of the Big Tent Coalition Shadow Government, aims to serve as a “credible opposition” to the President Bola Tinubu administration.
Elon Musk claims Trump appears in Epstein files during public feud

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

Elon Musk said Donald Trump appears in files relating to the disgraced paedophile financier Jeffrey Epstein as their dramatic falling-out erupted in public view. According to a report by the London Evening Standard, the Tesla boss gave no evidence for the explosive claim that came after the US President said he is “disappointed” with Musk for publicly criticising his signature tax and spending bill.
Sanwo-Olu absent as Tinubu launches deep seaport access road

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

Lagos state governor Sanwo-Olu was absent on Thursday when President Bola Tinubu officially started the reconstruction of a major road project in the Epe, Ijebu-Ode area. Many important officials attended the event, including Babagana Zulum (governor of Borno state) and Femi Hamzat (Lagos deputy governor). According to a report by The Cable, a seat was clearly marked for Sanwo-Olu, but he didn’t turn up. His deputy, Hamzat, sat behind the empty chair instead.
Tesla loses $150bn amid Musk-Trump public fight

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

Tesla Inc. shares reportedly tumbled by over 14 per cent on Thursday, as the public feud between Elon Musk, the company’s chief executive officer (CEO), and President Donald Trump rattled investors. The development was said to have resulted in a $150 billion loss in the car maker’s market value.
Dangote says naira-for-crude policy has cut fuel prices

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

Aliko Dangote, president of the Dangote Group, says the naira-for-crude policy enabled his refinery to reduce product prices consistently, guaranteeing availability for the overall benefit of Nigerians. Dangote spoke when President Bola Tinubu visited the refinery on Thursday to launch the reconstruction of the deep-sea port access road through Epe, Ijebu-Ode. The businessman called the policy the “most transformative initiative” of the current government.
'No more planning approvals for illegal islands'

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

President Bola Tinubu has warned Lagos State and other regional governments to stop giving planning permission for illegal islands and buildings that get too close to roads and waterways. The president made this warning on Thursday whilst opening the new Lekki deep seaport access road – a project he started when he was Lagos state governor. Tinubu praised the access road as important infrastructure that would make shipping more efficient, cut costs for port users, and boost economic growth.
Presidency spends N23bn worth of forex on international trips

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

The Nigerian Presidency spent over N23bn in 2024 to purchase foreign currencies for the international trips of top executive government officials, including President Bola Tinubu, Vice President Kashim Shettima, and the First Lady, Oluremi Tinubu. GovSpend, a government spending tracker that BudgIT manages, compiled this figure, which shows a significant increase from the N18.63bn recorded in 2023 – a rise of approximately 23%.
Five things to know to start your Thursday

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

US President Donald Trump has signed a proclamation banning citizens from 12 countries from entering the United States, claiming the measure is necessary to protect against “foreign terrorists” and other security threats. The countries facing complete travel bans are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen.
Trump suspends foreign student entry to Harvard University

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

US President Donald Trump has suspended the entry of international students and exchange participants to Harvard University for an initial six months, citing national security concerns in an escalating dispute with the Ivy League school. According to Reuters, Trump’s proclamation on Wednesday bars foreign nationals from entering the United States to study or participate in exchange programmes at the Cambridge, Massachusetts-based university.
Trump imposes travel ban on 12 countries, citing security concerns

3 weeks ago | businessday.ng | Oluwatosin Ogunjuyigbe

US President Donald Trump has signed a proclamation banning citizens from 12 countries from entering the United States, claiming the measure is necessary to protect against “foreign terrorists” and other security threats. The countries facing complete travel bans are Afghanistan, Myanmar, Chad, Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan and Yemen.