Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to capture the energy of a smarter and more seamless banking experience, the jingle is bright, catchy, and full of life.

It reflects a platform built to simply work, pairing sound with innovation as ALAT: The Evolution steps forward with enhanced features and a refreshed user experience.

Everyday banking can often feel routine or even stressful, with multiple steps and delays slowing things down. The ALAT: The Evolution jingle reimagines that experience with a lively and confident tone that mirrors the app’s capabilities.

From voice banking with SAW to Tap and Pay and bank uptime prediction, each feature is echoed in the rhythm and flow of the sound. It brings to life the speed, convenience, and reliability that define this new phase of ALAT: The Evolution.

More than just music, the ALAT: The Evolution jingle represents a clear statement of intent. It signals a shift towards banking that feels natural, responsive, and in tune with the user.

As customers update their app and explore ALAT: The Evolution, the jingle serves as a reminder that a better, smoother way to bank is already here. Wema Bank is not just evolving its technology; it is shaping how banking feels.

The Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for premium motor spirit (PMS), popularly known as petrol, to ₦1,200 per litre.

Disclosing this in a statement sighted by Channels Television on Friday, the spokesperson for the Dangote Group, Anthony Chiejina, said the refinery pegged its coastal price at ₦1,153 per litre, a development expected to reshape fuel supply costs across Nigeria’s downstream distribution chain.

According to him, the price adjustment represents a downward review in the refinery’s pricing template.

This comes at a time of heightened uncertainty in the global oil market, driven by geopolitical tensions in the Middle East.

“Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for petrol to ₦1,200 per litre and its coastal price to ₦1,153 per litre, a move that comes amid ongoing tensions in the Middle East that continue to influence global oil markets.

“The adjustment marks a downward review in the refinery’s pricing structure and is expected to influence fuel supply costs across distribution channels, including depots and retail outlets,” Chiejina stated.

The price drop reflects a decrease of ₦75 from the previous rate of ₦1,275 per litre.

The refinery had recently increased its petrol price from ₦1,175 per litre to ₦1,245 per litre.

Chiejina maintained that the “price adjustment represents a downward review in the refinery’s ex-depot pricing and is expected to ripple across Nigeria’s downstream sector, potentially easing supply costs for marketers and influencing pump prices at retail outlets.

He added that lower ex-depot prices typically translate into reduced pump prices.”

The spokesman expressed worry that the “Middle East crisis has introduced renewed uncertainty into global oil markets, affecting shipping routes, insurance premiums, and supply chains”.

“For Nigeria, the presence of large-scale local refining capacity is increasingly seen as a stabilising factor, offering some insulation from external shocks even as global market pressures persist,” he added.

With the new ₦1,200 per litre rate, marketers are expected to recalibrate their landing costs, especially those sourcing locally instead of importing.

Similarly, the coastal price of ₦1,153 per litre is expected to affect marine deliveries to coastal depots, providing an alternative supply route for distributors operating in southern corridors.

Justice Hamza Muazu of the Federal Capital Territory High Court has discharged a former minister of aviation, Stella Oduah, of a ₦2.5 billion fraud charge.

The court also discharged Gloria Odita, a former aide to Oduah.

Justice Muazu ordered their discharge after the prosecution said it had discontinued the case against them based on a plea bargain agreement reached by the parties.

The prosecution, however, retained two companies linked to the former minister — Sobora International Limited and Global Offshore and Marine Limited — as defendants in an amended charge.

Counsel for the Federal Government, Rotimi Oyedepo, said the prosecution reviewed the case in light of the agreement and proceeded against the companies, which were accused of benefiting from the alleged fraud.

In the amended two-count charge, Sobora International Limited was accused of being unlawfully in possession of ₦838 million, while Global Offshore and Marine Limited allegedly possessed ₦1.629 billion.

Following a guilty plea entered on behalf of the companies, Oyedepo urged the court to convict them and order their winding up.

He also asked the judge to order the forfeiture of ₦1.2 billion paid as restitution, contained in a bank draft submitted before the court, as well as ₦780 million recovered during the investigation.

Counsel for the defendants, Onyechi Ikpeazu and Wale Balogun, did not oppose the application.

In his ruling, Muazu convicted the two companies based on their guilty plea and ordered that they be wound up.

He further directed that the ₦1.2 billion restitution and the ₦780 million recovered during the investigation be forfeited to the Federal Government.

The judge also struck out the earlier charge dated October 13, 2025, which included Oduah and Odita as defendants, effectively discharging both of them from the case.

Oduah and Odita were arraigned in December 2025 by the Office of the Attorney-General of the Federation on a five-count charge bordering on alleged fraud, obtaining by false pretence, and criminal breach of trust.

The prosecution had alleged that the defendants conspired in January 2014 to obtain ₦2.4 billion from the Federal Ministry of Aviation through Broad Waters Resources Nigeria Limited and Global Offshore Marine Limited under alleged fraudulent claims.

The offences were said to contravene Sections 8(a) and 1(1)(a) of the Advance Fee Fraud Act and are punishable under Section 1(3).

The defendants had initially pleaded not guilty before the plea bargain was reached.