Speaking during the “Facts Behind the Acquisition” presentation at the Nigerian Exchange (NGX), the Group Managing Director of UAC of Nigeria Plc (UACN), Folasope Aiyesimoju, explained the thinking behind the group’s N182.4 billion acquisition of CHI Limited. He described the deal as a rare and well-timed opportunity that aligns with UAC’s long-term strategy in the […]
US President Donald Trump escalated his criticism of Nigeria on Friday, calling the country “a disgrace” as he renewed accusations that the government is failing to protect Christians from extremist violence. Speaking on a conservative radio programme, Trump repeated his threat to take military action against Islamist militants in Nigeria if the government does not […]
The Federal Government has opened application portal for the ₦50m student venture capital grant, a new funding window aimed at turning Nigerian students into innovation-driven entrepreneurs. Known as the Student Venture Capital Grant (S-VCG), the programme offers equity-free financing of up to ₦50 million for undergraduate innovators inScience, Technology, Engineering, Mathematics, and Medicine (STEMM) disciplines. […]
Lionel Messi’s Inter Miami will open its new Miami Freedom Park stadium on April 4, 2026, with a home clash against Austin FC, as part of the 2026 Major League Soccer schedule. The 2026 MLS season kicks off on February 21, 2026, with all clubs set to play 34 regular-season games before the campaign concludes […]
The organised labour has, again, raised concerns over the fresh push by the Nigerian Senate and the National Agency for Food and Drug Administration and Control (NAFDAC) to ban the production of alcohol in sachets and pet bottles, warning that over 500,000 jobs and investment worth over N2 trillion would be lost to the ban. […]
US Congressman Riley M. Moore has warned that Nigeria must demonstrate “tangible steps” to protect Christian communities, following a closed-door meeting on Wednesday with a high-ranking Nigerian delegation led by National Security Adviser Nuhu Ribadu. The meeting, held in Washington, came amid longstanding tensions over religiously motivated attacks in Nigeria’s Northeast and Middle Belt, where […]
The federal government has said that with West African Power Pool (WAPP), when fully synchronised, Nigeria will operate under a stronger, more resilient system, benefiting from cross-border support that enhances grid stability, reduces the risk of system disturbances, and improves the overall reliability of electricity supply. This follows the recent announcement made by the Nigerian […]
Nigeria has urged the international community to refrain from what it called “naming and shaming” the country over the security challenges currently confronting it. The Chargé d’Affaires, Permanent Mission of Nigeria to the UN, Syndoph Endoni, made the remarks while delivering Nigeria’s statement at the United Nations Security Council in New York. The Nigerian envoy […]
…says democracy under siege The African Democratic Congress (ADC) has strongly condemned what it describes as a “disturbing and dangerous assault on democracy” following the violent attack on the National Secretariat of the People’s Democratic Party (PDP) in Abuja by “armed men under the Command of senior officials of the ruling party, warning that the […]
…Arrears distort state balance sheets, discourage investment – Analysts The pension liabilities of Kaduna, Benue, Adamawa and Taraba surpassed their Internally Generated Revenues (IGRs) in 2024, highlighting the fiscal distress facing these subnational governments. According to BudgIT’s ‘2025 State of States’ report, the four states collectively owed more in pension and gratuity arrears than they […]