Diogo Jota Liverpool star Diogo Jota, aged 28, dies in a car accident, two weeks after his wedding day. The Portuguese forward was travelling in his Lamborghini with his younger brother Andre, 26, a fellow professional footballer who also died in the crash in the early hours of this morning. The tyre of the supercar,…
The Nigerian private sector remained in growth territory as the first half of 2025 drew to a close, and business confidence improved markedly in June. That said, rates of expansion in output, new orders and purchasing eased from May. Although rates of inflation remained relatively sharp, there were further signs of cost pressures softening and…
Dangote Petroleum Refinery has invested over N720 billion to implement its landmark initiative of deploying 4,000 Compressed Natural Gas (CNG)-powered trucks for the nationwide distribution of petroleum products, which is expected to save Nigerians over N1.7 trillion annually. This bold step will see the privately-owned refinery absorb over N1.07 trillion annually in fuel distribution costs.…
It was another historic milestone for pan-African investor Aliko Dangote and the Dangote Industries Limited over the weekend, as they garnered three prestigious accolades at the 15th annual Brand Africa 100 awards, held at the iconic Africa Hall in Addis Ababa, Ethiopia—the birthplace of the Organisation of African Unity (OAU), now the African Union (AU).…
A parcel of land in Obele-Oniwala community in Lawanson area of Surulere, which was previously used as a dumpsite, has now fully transformed to luxurious residential complex. Governor Babajide Sanwo-Olu turned around what appeared to be an eyesore in the community, overhauling the site to deliver a new set of decent homes for residents. The…
Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, recently held its 13th Annual General Meeting (AGM), where it presented its audited financial statements for the year ended 31 December 2024. The AGM highlighted a year marked by strong financial growth, operational resilience, and continued execution of the Group’s long-term strategic priorities. According…
The Management of NASCON Allied Industries Plc, has attributed significant growth in the dividend payout by 100 per cent to N2 per share and the company’s impressive run during the year, ending December 31, 2024, to the successful expansion of its market base. The aggressive expansion, according to the management, led to a significant increase…
A Federal High Court sitting in Lagos has adjourned the N12.3 billion loan controversy case involving the Chairman of Honeywell Group, Oba Otudeko, and three others, to June 11, 2025. Justice Chukwujekwu Aneke postponed the case to allow time for either a peaceful settlement or the formal arraignment of the suspects. The decision followed reports…
In commemoration of World Malaria Day 2025, Stanbic IBTC has launched a bold, multi-state initiative to curb the spread of malaria, Nigeria’s most prevalent vector-borne disease. The outreach, which began on 25 April – World Malaria Day, in Nchatancha, Enugu East Local Government Area (LGA), continued on 28 April in Okpanam, Oshimili North LGA, Delta…
In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers between the ages of 8 and 18 with essential financial skills. The launch follows a report by the Central Bank of Nigeria, which found that only 38% of Nigerian…