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Governor Sanwo-Olu Awards N5M & Scholarship To The Best Student In LASU

Governor Sanwo-Olu Awards N5M and Scholarship To The Best Student In LASU.

The Lagos state Governor, Babajide Sanwo-Olu vowed to donate a sum of 5 million Naira to the best graduating student of the Lagos State University (LASU) and also scholarship to whatever level of education he chooses to attain.

Governor Sanwo-Olu made this promise at the LASU 24th Convocation ceremony. Sanwo-Olu, who is still on self-isolation after contracting Coronavirus joined the event virtually from the State House, Marina.

Oladimeji Shotunde, a student whose mother is a trader and his father a mechanic, is the recipient of this donation and scholarship, having emerged the overall best graduating student.

22-year-old Oladimeji Shotunde finished from the Department of Business Administration in the Faculty of Management Science, with a Cumulative Grade Point Average (CGPA) of 4.95.

Also, Sola Olabanjo, a Master’s degree graduand from the department of Computer Science, who scored a CGPA of 5.0, will also receive a 5 million Naira grant from the office of the Lagos state governor, Sanwo-Olu announced.

The state governor made a vow to both exceptional students, saying:

“Once you have thought out what you want to do, the state government has employment for you, the state government has scholarship for you to help you achieve your academic excellence to whatever level you so desire to have it.”

Oladimeji Shotunde took to Facebook after the ceremony to deliver a vote of thanks.

He wrote:

“What a year it has been! After a series of postponements due to unforeseen circumstances, I eventually had my convocation ceremony yesterday – Wednesday, December 16th, 2020.

For most of the day: I wrestled with the nostalgic feelings of fulfillment, anxiety, and accomplishment. Graduating with a record setting CGPA of 4.95 was by no measure a small feat. More importantly, I am particularly glad to acknowledge how well I maximized campus life – even beyond academic excellence.

Growing up, my parents did not have too much but they made difficult sacrifices and poured all they had into me and my siblings. Hence, having my parents around me to celebrate with me was fulfilling. I was glad to see them get the recognition they so much deserve – particularly for the sacrifices they made for me and my siblings over the years.

As a proud indigene of Ogun State, I was honoured by the presence of the First Lady of the State: Her Excellency, Mrs. Bamidele Abiodun. I also welcomed the Special Assistant to the Ogun State Governor on Student Matters, Comr. Adeyemi Azeez. I must also acknowledge the Special Assistant on Youths and Sports, Mr. Olamide Lawal – who reached out to me more than two weeks ago. I am excited about what the future holds for Ogun State!

I am extremely thankful to the Lagos State University Vice Chancellor, Prof. Olanrewaju Adigun Fagbohun, SAN, NPOM, and his team for pushing the frontiers of excellence for our great institution. I appreciate the entire university community, my lecturers, colleagues, friends and well wishers.

Thank you everyone, the best is yet to come. God bless you.

Yours,

Oladimeji Shotunde.”

https://www.facebook.com/100010922613600/posts/1255175348189874/?app=fbl

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Entertainment

Tyler Perry reveals why he has chosen to stay away from marriage

American filmmaker, actor, and playwright Tyler Perry has revealed why he has no interest in marriage, saying his biggest concern is not the institution itself but the financial and emotional toll of divorce. Perry disclosed in a recent interview on The Jennifer Hudson Show that his view of marriage is largely shaped by what he has witnessed happen to people after their relationships end.

“Nope, it’s not the marriage that bothers me; it’s the divorce. Everybody that I know who did well and went broke, it was because of a divorce, so I’m good being free.”

The filmmaker also described some of the thoughts that come to mind when he considers marriage, including the possibility of being hurt or betrayed by a partner.

“What makes me think about marriage is that you are no good, heartbreaker, you’re a cheat, and I don’t know why I let you do this to me. That’s what I think about.”

Beyond his views on marriage, Perry also opened up about grief and the difficulty of losing someone close to him, particularly his late mother, Maxine Perry.

“The thing that people don’t get is the stuff we deal with and the loss of a mother and how hard that is. I believe that people have angels that have gone on, but they are still looking out over, and that’s how I feel towards my mother. She used to say so many amazing things to me.”

Perry has often spoken about his mother’s influence on his life and career. His upbringing and experiences with family have also featured prominently in his storytelling, particularly through characters and themes centred on faith, resilience, family and overcoming hardship.

The filmmaker has built one of Hollywood’s most successful independent entertainment empires through films, television shows and stage productions.

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Business

Dangote Refinery opens landmark IPO today to the investing public

Dangote Petroleum Refinery & Petrochemicals FZE today announced the commencement of its Initial Public Offering (IPO), marking a historic milestone in Nigeria’s economic development and the evolution of Africa’s capital markets. The offer will be formally launched at a ceremony on the trading floor of the Nigerian Exchange (NGX) in Lagos, bringing to the public, for the first time, an opportunity to own a stake in Africa’s largest refinery and one of the world’s most significant industrial projects.

The IPO, which opens today, September 14, 2026, consists of 4.1 billion new ordinary shares offered at N525 per share, with a minimum subscription of 10 shares valued at N5,250. The offer is expected to remain open until October 13, 2026, subject to the terms outlined in the Prospectus. The transaction is targeted at retail, institutional, and eligible African investors, reinforcing Dangote Refinery’s commitment to broadening ownership and deepening participation in Nigeria’s capital market.

The public offer is expected to raise approximately N2.15 trillion, making it one of the largest equity offerings ever undertaken in Africa. The proceeds will support the Refinery’s long-term growth plans, operational expansion, strategic investments, and the creation of additional value for shareholders and stakeholders alike.

Speaking on the significance of the IPO, President and Chief Executive of Dangote Industries Limited, Aliko Dangote, said: “Today marks the beginning of a new chapter in the history of Dangote Refinery and, indeed, in the economic future of our nation. This offering is about more than raising capital; it is about creating an opportunity for ordinary Nigerians, Africans, and investors across the globe to participate directly in one of the most transformative industrial projects ever built on the continent. We established this refinery to transform Africa’s energy landscape, create jobs, conserve foreign exchange, and unlock shared prosperity. With this IPO, we are extending that vision by democratising ownership and ensuring that millions of people can benefit from the value being created.

“We believe that broad-based ownership is one of the most effective ways to build wealth, strengthen the capital market, and accelerate economic inclusion. We invite investors to join us as partners in building a globally competitive enterprise that will continue to shape the future of energy, manufacturing, and economic development in Africa.”

According to Temi Popoola, Group Managing Director and Chief Executive Officer of Nigerian Exchange Group: “The launch of the Dangote Petroleum Refinery IPO is an important moment for Nigeria’s capital market, not simply because of the scale of the transaction, but because of what it represents.

“Our capital market must increasingly become a place where Nigerians can participate in the value created by our country’s most important businesses. That means broadening ownership, expanding access and creating stronger connections between Nigerian enterprise and Nigerian capital.

“At NGX Group, we have been deliberately building the infrastructure to make that possible. Through NGX Invest and connectivity across more than 50 distribution channels, including stockbrokers, banks and fintechs, we are making participation in the public market more accessible.

“This is how we build an ownership economy: strong Nigerian businesses accessing long-term capital, and more Nigerians having the opportunity to participate in their growth.”

Dangote Refinery has emerged as a strategic national asset, helping to strengthen energy security, reduce dependence on imported refined products, conserve foreign exchange, and position Nigeria as a major exporter of petroleum products. Since commencing commercial operations, the Refinery has supplied premium-quality petroleum products to domestic and international markets while supporting industrial growth and economic transformation across the region.

The company emphasised that participation in the offer has been designed to be accessible, transparent, and technology-enabled. Eligible investors can subscribe through approved distribution channels, including NGX Invest, designated commercial banks, and authorised investment platforms, subject to the provisions contained in the Prospectus.

As the commencement ceremony takes place on the floor of the Nigerian Exchange today, Dangote Refinery reaffirmed its commitment to operational excellence, corporate governance, sustainable growth, and long-term value creation for shareholders.

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Business

Chowdeck CEO says some drivers make at least ₦100,000 weekly, more than some doctors

Chowdeck CEO Femi Aluko said the average rider makes at least ₦100,000 a week from deliveries, with top-performing riders earning considerably more. Riding around Lagos to deliver food may seem like a simple hustle, but Chowdeck CEO Femi Aluko says the job can bring in considerably more than many people might expect.

In a Channels Television interview, Aluko said the average Chowdeck rider makes at least ₦100,000 a week, while the best-performing riders can earn considerably more. That would amount to about ₦400,000 over four weeks, but it is not a fixed salary or guaranteed monthly income.

According to Aluko, earnings depend largely on the number of deliveries a rider completes and the distance covered. He said riders could work for about 10 hours a day and complete around 10 to 15 deliveries, with more deliveries and longer distances potentially increasing their earnings.

The claim is not entirely out of line with accounts from riders. Recent reporting has found riders taking home roughly ₦80,000 to ₦120,000 a week, while some high performers have earned considerably more during particularly busy periods.

But those figures should be viewed as gross earnings rather than a guaranteed take-home salary. Aluko also acknowledged that riders have costs to deal with, including bicycle maintenance, even though maintaining a bicycle is cheaper than maintaining a power bike.

During the interview, the presenter mentioned a previous report suggesting that ride-hailing drivers could earn more than doctors.

Aluko agreed that this could happen, although he noted that the work also comes with additional costs.

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