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The Chairman of the Dangote Group, Alhaji Aliko Dangote, has announced plans to list his $20 billion refinery on the stock market, allowing Nigerians to buy shares. The refinery, located in Lekki, Lagos State, is expected to be a game-changer for the country’s economy. Dangote emphasized the importance of Africa refining its […]
The leadership turmoil besetting the African Democratic Congress (ADC) has taken a dramatic turn as the party’s Deputy National Chairman, Hon. Nafiu Bala Gombe, has declared himself the Interim National Chairman. Gombe made this declaration during a press briefing in Abuja on Thursday, describing the ongoing discord as an “unprecedented assault on democracy” allegedly […]
The United Republic of Tanzania has formally declared its support for Nigeria’s bid to secure election into Category C of the International Maritime Organization (IMO) Council, reinforcing a growing wave of continental solidarity for Nigeria’s maritime ambitions on the global stage. In a statement issued on Wednesday by Bolaji Akinola, Special Adviser on Media and […]
The Special Adviser to the President on Information and Strategy, Bayo Onanuga, has defended President Bola Tinubu’s administration against claims of marginalization and ethnic bias, stating that the president deserves to serve two terms in office, just like his predecessor. During a recent interview with Trust Radio, Onanuga dismissed allegations that the North has […]
The Oyo State Government has announced that it has achieved 80 percent of its 2025 budget revenue target, highlighting significant progress in its fiscal management and public finance reforms. The development was disclosed by the State Ministry of Budget and Economic Planning, with officials crediting the performance to enhanced revenue collection strategies and improved transparency […]
Senator Asuquo Ekpenyong has commended President Bola Ahmed Tinubu for the timely promotion of senior officers in the Nigeria Police Force, describing the move as a step in the right direction for strengthening professionalism and boosting morale within the security agency. In a statement issued over the weekend, the senator particularly applauded the elevation […]
Peter Obi, former Anambra State governor and presidential candidate of the Labour Party in the 2023 general election, has not formally joined the African Democratic Congress (ADC), according to a statement by Abdul-Azeez Suleiman Abdullahi, a key figure within the coalition. Abdullahi clarified the status of Obi amid growing speculation that the former governor […]
First Bank of Nigeria’s parent company, First HoldCo Plc, has announced gross earnings of ₦1.7 trillion for the first half of 2025, representing a strong year-on-year growth driven by robust interest income and increased lending activity. The group’s financial results, released this week, show that interest income surged to ₦1.43 trillion, supported by a […]
The United States has significantly escalated its pressure on the Venezuelan government by announcing a $25 million bounty on President Nicolás Maduro, accusing him of leading a transnational drug trafficking and narco-terrorism ring. The declaration, made by the U.S. Department of State, reaffirms Washington’s long-standing position that Maduro is not only an illegitimate leader […]
