A CATHOLIC PRIEST, REV. FR. SAMUEL OPEYEMI OYETORO, HAS BEEN REPORTEDLY KILLED BY UNKNOWN ASSAILANTS IN AJAOKUTA, KOGI STATE. (PHOTO).

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 Catholic priest reportedly klled in Kogi  A Catholic priest, Rev. Fr. Samuel Opeyemi Oyetoro, has been reportedly killed by unknown assailants in Ajaokuta, Kogi State. According to reports, the priest was stabbed multiple times along Ajaokuta road on Wednesday, 29th July 2026. His body was found dumped at the roadside.  Rev. Fr. Oyetoro was born in Egbe, Yagba West Local Government Area of Kogi State and a native of Ayetoro in Ijumu Local Government Area.  Until his death, he served as a priest at St. Mary’s Catholic Church, Egbe. The full circumstances surrounding the incident are still unclear, and authorities are yet to issue a comprehensive official statement.  The Catholic Diocese of Lokoja confirmed the d3ath of the priest in a statement and requested all religious and Laity to pray for the peaceful repose of his soul.” “We kindly request all priests, religious and Laity to pray for the peaceful repose of his soul during their Holy Masses and personal pra...

7-ELEVEN OWNER REJECTS $38 BILLION TAKEOVER BID FROM CANADIAN RIVAL. (PHOTO).

 


7-Eleven Owner Rejects $38 Billion Takeover Bid from Canadian Rival 


The Japanese owner of 7-Eleven, Seven & i Holdings, has rejected a $38 billion takeover bid from Canadian company Alimentation Couche-Tard (ACT), citing that the offer "grossly undervalued" the business and raised significant regulatory concerns. While Seven & i expressed openness to further negotiations, they emphasized that ACT's initial proposal was "opportunistically timed" and did not reflect the true value of the company or its potential for future growth. The takeover, if successful, would create a global convenience store giant with over 100,000 stores worldwide.


ACT, which operates around 17,000 stores under the Circle K and Couche-Tard brands, valued Seven & i at $14.86 per share, representing a 20% premium over its pre-announcement share price. The offer came at a time when the Japanese yen is weak against the US dollar, making Seven & i more affordable to foreign buyers. However, the Japanese retail giant flagged potential challenges from US competition regulators and reiterated that the deal was not aligned with its shareholder value goals.


The potential acquisition would mark the first time a Japanese company of Seven & i's size has been bought by a foreign firm. Historically, Japan has been more inclined to purchase overseas businesses rather than sell national assets. Experts suggest that if the deal succeeds, it could signal Japan's openness to foreign investment, though the negotiation process is expected to be long and complex.

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