News
Oyo Partners Investor to Industrialise Itesiwaju Lg.

Allied Atlantic Distilleries, an international agro-allied firm has entered into partnership with the Oyo State Government to enhance agricultural production in the state.
Speaking about the partnership Tuesday in Otu, while receiving the state government delegation led by Mr. Isaac Omodewu, the state Commissioner for Lands, Housing and Urban Development, and a team of Allied Atlantic Distilleries Ltd, which came to finalise the agreement with the host community, the Caretaker Chairman of Itesiwaju Local Government Area, Hon. Adeniyi Adeagbo, explained that the Abiola Ajimobi-led administration struck a deal with the foreign company to industrialise the state and his council is fortunate to be the first beneficiary.
According to him, “by the time the firm commences operation, the council will not be only industrialised but our people will be gainfully employed”.
The Council Boss further lauded Governor Ajimobi for his determination to improve agriculture and industrialise the state, assuring that the council will leave no stone unturned to ensure a hitch-free and successful operation of the investor.
On his part, the representative of the investing company, Mr. Rajashekarr, who also expressed delight in partnering with the government, however vowed that they will not fail in fulfilling their corporate social responsibilities to the host community, Otu.
Allied Atlantic Distilleries is an international agro – allied firm specialise in cassava cultivation to produce Ethanol, Starch and other cassava – related goods.
The meeting, also had in attendance, the Permanent Secretary, Surveyor – General, Directors and some top officials of the Ministry of Lands, Housing and Urban Development.
Others are the Special Adviser to the Governor on Food Security, Mrs Shadipe, Oniro of Otu, Oba Sunday Adepoju, who led the community chiefs, landowners and other stakeholders to the meeting.
News
FG Declares April 18, 21 Public Holidays for Easter Celebration

The Federal Government has declared Friday, 18 April and Monday, 21 April 2025 as public holidays to mark Good Friday and Easter Monday celebrations across the country.
This was announced in a statement issued on Tuesday by the Permanent Secretary of the Ministry of Interior, Dr Magdalene Ajani, on behalf of the Minister of Interior, Dr Olubunmi Tunji-Ojo.
“Announcing this on behalf of the Federal Government, the Minister of Interior, Dr Olubunmi Tunji-Ojo extended heartfelt congratulations to Christians across the country on this joyous occasion,” the statement read.
The Minister emphasised the significance of Easter, urging Christians to reflect on the virtues of sacrifice, love, and selflessness exemplified by Jesus Christ, who laid down His life for the redemption of humanity.
Dr Tunji-Ojo also encouraged Nigerians to use the holiday period to offer prayers for peace, unity, and stability in the country. He reaffirmed the commitment of President Bola Ahmed Tinubu’s administration to the Renewed Hope Agenda, aimed at driving national growth and development.
In his message, the Minister called on citizens to extend love and goodwill to their neighbours through acts of kindness and generosity, embodying the spirit of Easter.
He concluded by wishing Christians a blissful Easter celebration and extended warm holiday greetings to all Nigerians.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
News
Pandemonium as Irate Investors Storm CBEX Office in Ibadan

There was pandemonium on Tuesday at the Ibadan outlet of CBEX, a digital trading asset firm, as angry investors stormed the premises in protest, vandalising property and looting valuables.
The unrest, which occurred in the Oyo State capital, was triggered by reports that investors had been unable to access or withdraw funds from their accounts on the platform for several days. Matters escalated when many of them reportedly discovered that their investments had completely vanished.
The protest, initially peaceful, quickly degenerated into violence, resulting in looting and physical assaults on some staff members of the firm. Witnesses say the situation became uncontrollable as emotions flared and the aggrieved investors accused the company of operating a Ponzi scheme.
The affected investors were said to cut across various walks of life, including artisans, traders, and civil servants, all of whom had put their trust—and money—into the digital trading venture.
It took the intervention of security operatives to restore calm and disperse the rampaging crowd. Officers have since cordoned off the building and maintained a presence overnight to forestall further breakdown of law and order.
As of Wednesday morning, normalcy had returned to the area. Vehicular and pedestrian movement has resumed, with business activities gradually picking up.
Authorities are yet to issue an official statement on the matter, but concerned stakeholders are calling for a thorough investigation into the operations of CBEX to protect future investors from similar occurrences.
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