Author: ekospotlightnews

Nigeria has been included among 60 trading partners affected by a fresh round of US import tariffs announced by President Donald Trump, with duties ranging from 10% to 12.5% on goods entering the United States. The US administration said the tariffs target countries accused of failing to curb the importation of goods produced through forced labour. The new measures, which took effect on Thursday, replace the 10% global tariff introduced in February and apply to countries accounting for 99.4% of US imports. US Trade Representative Jamieson Greer said the tariffs are aimed at addressing human rights concerns and unfair trade…

A Special Offences Court in Ikeja, Lagos, has granted social media personality Blessing Okoro, popularly known as Blessing CEO, N20 million bail over an alleged N69.15 million property fraud. Justice Rahman Oshodi admitted the defendant to bail with two sureties in the same amount. Although the Economic and Financial Crimes Commission (EFCC) did not oppose the application, the judge said the court considered the seriousness of the charges, the prescribed punishment, and the defence’s explanation regarding the defendant’s international passport before granting bail. The court ordered each surety to provide a three-year bank statement or proof of fixed deposits worth…

The Lagos State Consumer Protection Agency (LASCOPA), in partnership with the Federal Competition and Consumer Protection Commission (FCCPC), will hold a joint stakeholder engagement to address concerns over price tagging, product labelling, and return/refund policies in the marketplace. Announcing the initiative, LASCOPA General Manager/CEO, Afolabi Solebo, described it as the first engagement of its kind under the agencies’ collaborative framework. The forum, themed “Price Tagging, Minimum Labelling Requirements and Return/Refund: The Implications of Non-Regulatory Compliance,” will bring together key stakeholders, including the Standards Organisation of Nigeria (SON), Manufacturers Association of Nigeria (MAN), Retail Council of Nigeria (RCN), the National Association…

The Lagos State Government has trained 400 local government officers nearing retirement, reaffirming its commitment to preparing public servants for a smooth and rewarding life after active service. Speaking at the 2026 Pre-Retirement Sensitisation Workshop held at the Adeyemi Bero Auditorium in Alausa, Ikeja, the Permanent Secretary, Office of Local Government Establishments and Training, Ms. Toyin Ogunlana, described retirement as the beginning of a new phase that requires early planning, informed decisions and proper preparation. She noted that many retiring officers face challenges due to limited knowledge of pension administration, financial planning, healthcare management, emotional adjustment and post-retirement opportunities, adding…

Sixty-eight passengers escaped unhurt after an Enugu Air aircraft crash-landed at Benin Airport on Thursday during a commercial flight from Enugu to Benin and Lagos. According to reports, the aircraft, registered 5N-ENR, overshot the runway and veered into nearby bushes after landing. The 68 passengers were on board in addition to the crew, although the exact number of crew members was not disclosed. A source at the airport said the Federal Airports Authority of Nigeria (FAAN) responded immediately, evacuating all passengers safely. No casualties were recorded, while the circumstances surrounding the incident are yet to be officially explained.

The Lagos State Government has reaffirmed its commitment to developing the creative economy with the graduation of a new cohort from the Eko Studio Culture Programme, an initiative designed to equip young people with industry-relevant skills for employment, entrepreneurship and wealth creation. Speaking at the graduation ceremony held at the Adeyemi Bero Auditorium, Deputy Governor Dr. Kadri Obafemi Hamzat described the programme as a key milestone in the state’s drive to empower young creatives through sustained investment in skills development, innovation and the creative industry. He noted that training in Sound Engineering, DJing, Music Production, Sound Design/Movie Scoring and the…

The National Agency for Food and Drug Administration and Control (NAFDAC) has launched a nationwide enforcement exercise to remove alcoholic beverages packaged in sachets and PET bottles below 200ml from circulation, reinforcing the Federal Government’s ban on the production, importation and sale of the products. In a statement issued on Wednesday, the agency said the operation is being carried out across the six geopolitical zones after shutting down manufacturing facilities found to be violating the ban. Enforcement teams are conducting coordinated inspections in markets, motor parks, retail outlets, bars and other distribution channels to identify, seize and destroy the banned…

Lagos State is set to take another major step towards achieving the Lagos State Development Plan (LSDP) 2052 with a Stakeholders’ Parley scheduled for Tuesday, July 28, 2026. Organised by the Lagos State Ministry of Economic Planning and Budget, the event will hold at Protea Hotel, Ikeja, bringing together key stakeholders to assess the progress of the plan’s implementation, strengthen collaboration, and reaffirm their commitment to building Africa’s Model Megacity through strategic planning, effective policy implementation, and sustainable development.

Dangote Petroleum Refinery has reversed its earlier decision to sell petrol in dollars, announcing that it has resumed gantry loading for local marketers in naira. The refinery also unveiled a new ex-depot price of ₦1,215 per litre, representing a ₦140 increase from the previous price of ₦1,075 per litre. The latest development comes after the refinery had introduced a dollar-denominated pricing system, fixing the ex-depot price of Premium Motor Spirit (PMS) at $0.779 per litre and ending the naira pricing model adopted under the Federal Government’s naira-for-crude policy. At the time, benchmark prices for diesel and aviation fuel were also…

The Governing Council of the University of Ibadan has appointed Prof. Peter Olamakinde Olapegba as the institution’s 14th Vice-Chancellor following a competitive selection process involving eight candidates. The announcement was made on Wednesday by the Pro-Chancellor and Chairman of the Governing Council, Adebisi Akande, after the council approved the recommendation of the Joint Council-Senate Selection Board. Akande said the appointment process was conducted in line with the University Act ahead of the expiration of the incumbent Vice-Chancellor’s tenure on November 1, 2026. He explained that applications were invited through advertisements published in three national newspapers in April 2026, attracting six…