Opeoluwani Akintayo

Nigeria

Energy Correspondent at SweetCrude

Journalist, Researcher, Content Developer, Editing

Featured in: Favicon

sweetcrudereports.com Favicon

punchng.com Favicon

dailytimesng.com Favicon

brandspurng.com Favicon

channelstv.com Favicon

einnews.com

Articles

Senate Passes ₦1.81tn 2025 FCT Statutory Budget

1 week ago | channelstv.com | Opeoluwani Akintayo

The Senate has passed the 2025 FCT Statutory Appropriation Bill, authorising a total expenditure of about ₦1.81 trillion for the Federal Capital Territory for the 2025 fiscal year after a third reading. The passage followed the presentation of the joint committee report by Sen. Mohammed Ibrahim, which reviewed and harmonised inputs from both chambers in accordance with Sections 62, 80, 88, 89, and 299 of the 1999 Constitution (as amended).
Apple Rejected Over 711 Million Customers, Deactivated Nearly 129 Accounts In 2024

1 week ago | channelstv.com | Opeoluwani Akintayo

Apple said it rejected over 711 million customer account creations and deactivated nearly 129 million customer accounts in 2024, blocking these risky and malicious accounts from carrying out nefarious activity. The figures include spamming or manipulating ratings and reviews, charts, and search results that risk compromising the integrity of the App Store.
OPEC+ Meets As Market Fears Output Hike

1 week ago | channelstv.com | Opeoluwani Akintayo

Ministers of the OPEC+ oil will meet on Wednesday to discuss production levels as the market fears another production increase amid falling prices. Prices have dropped, also over worries that the US President Donald Trump’s tariff onslaught will cause an economic slump and weigh on demand. The oil cuts production to prop up prices began in 2022, however, Saudi Arabia, Russia and six other members surprised markets recently by raising output for May and June.
Nissan Halts Global Pay Raise, Offers Severance Packages To US Workers

1 week ago | channelstv.com | Opeoluwani Akintayo

Embattled automaker Nissan has suspended merit-based pay increases globally for the current business year, according to a Reuters report quoting an email. According to the report, the automaker said in a statement that Nissan North America is offering a voluntary separation programme to a limited group of U.S. salaried employees. It, however, declined to give more details as the process is ongoing.
Investment In Better Logistics Will Reverse Food Insecurity Trend In Africa - World Bank

1 week ago | channelstv.com | Opeoluwani Akintayo

The World Bank has criticised African countries for preferring to import food from distant markets rather than buy from neighbours, advising that investing in better logistics will reverse the food insecurity trend. It advised in a new report titled ‘Transport Connectivity for Food Security in Africa: Strengthening Supply Chains’, authored by Charles Kunaka, Megersa Abera Abate, Théophile Bougna Lonla, and Kisanet Haile Molla.
Crypto Market Mixed As Investors' Interests Heighten

1 week ago | channelstv.com | Opeoluwani Akintayo

The crypto market expressed volatility Tuesday as prices fluctuated, revealing widespread liquidity. Bitcoin traded at $109, 72 as at 11:22 AM WAT, a 0.09 per cent drop from its last trading, according to Blockchain. The cryptocurrency has fluctuated between $109, 72 and $110,376.88 in the past 24 hours, after briefly hitting $110,000.
Nigeria’s Broadband Penetration Rises To 48.15%

1 week ago | channelstv.com | Opeoluwani Akintayo

Consistent with Section 89 Subsection 3(d) of the Nigerian Communications Act 2003 (NCA 2003), the Nigerian Communications Commission (NCC) has reported a rise in Nigeria’s internet penetration to 48.15 per cent in April 2025. Industry statistics from NCC said the rise was from 47.73 per cent recorded in March 2025. The development comes as the country’s telecommunications industry struggles with a multiple and complex business environment.
'FG Clears Over 200, 000 Unprocessed Passport Backlogs, N28b Legacy Debt', Says Tunji-Ojo

1 week ago | channelstv.com | Opeoluwani Akintayo

Minister of Interior, Olubunmi Tunji-Ojo, says more than 200, 000 unprocessed passport application backlogs have been cleared since he resumed office at the Ministry of Interior. He revealed this while delivering a charge to the public and private sector at the Access Bank Guest Lecture Series (GLS) held at the Bank’s headquarters in Victoria Island, Lagos.
Fire Halts Production At Ecuador's Biggest Oil Refinery

1 week ago | channelstv.com | Opeoluwani Akintayo

A fuel tank fire on Monday halted production at Ecuador’s largest oil refinery, sparking the evacuation of nearby residents as a giant plume of smoke billowed from the facility. Operations at the plant in Esmeraldas province, which can refine 110,000 barrels per day (bpd), were suspended “to safeguard the security of the facilities and personnel,” state oil company Petroecuador said.
Developing Nations Face 'Tidal Wave' Of China Debt — Report

1 week ago | channelstv.com | Opeoluwani Akintayo

The world’s poorest nations face a “tidal wave of debt” as repayments to China hit record highs in 2025, an Australian think tank warned Tuesday in a new report. China’s Belt and Road Initiative lending spree of the 2010s has paid for shipping ports, railways, roads and more from the deserts of Africa to the tropical South Pacific. But new lending is drying up, according to Australia’s Lowy Institute, and is now outweighed by the debts that developing countries must pay back.