Tony Elumelu raises stake in UBA with N1.5bn share acquisition
Tony Elumelu, chairman of United Bank for Africa (UBA), has acquired over 45 million shares in the financial institution. Bili Odum, group company secretary, announced the transaction in a regulatory filing on the Nigerian Exchange Group (NGX) on Tuesday. …
FG demolishes 22 illegal structures under Lagos bridge
The Federal Government, through the Ministry of Works, has demolished 22 illegal structures under Iddo Bridge in Lagos State, citing safety concerns. The action, carried out yesterday, followed an order by the Minister of Works, Dave Umahi, during an inspection…
Real family is loyalty not just blood-related – Peter Okoye
Real family is loyalty not just blood-related – Peter Okoye Peter Okoye Music star Peter Okoye, one half of the iconic duo P-Square has shared a heartfelt message to his younger self, advising caution with trust and emphasising self-belief….
Renowned Kenyan Author Ngũgĩ wa Thiong’o Passes Away at 87
Ngũgĩ recalled returning home from Alliance at the end of term to find his entire village had been razed by the colonial authorities. His family members were among the hundreds and thousands forced to live in detention camps during…
FG orders blacklisting of CBT centres, candidates involved in exam malpractice
The Federal Government has instructed major examination bodies, including the Joint Admissions and Matriculation Board (JAMB), the West African Examinations Council (WAEC), the National Examinations Council (NECO), and the National Business and Technical Examinations Board (NABTEB), to blacklist all Computer-Based…
US weighing future of military command in Africa, top general says
The United States is assessing the future of its military command for Africa, its top general for the continent said on Tuesday, and called on African governments to make their views on its possible elimination known in Washington. President Donald…
Dangote ends Nigeria’s reign as Africa’s biggest petrol importer – Businessday NG
Nigeria, long known as Africa’s biggest importer of refined petroleum products, has ceded that position to South Africa, marking a dramatic shift in the continent’s energy landscape. The development follows the operational ramp-up of Aliko Dangote’s massive oil refinery, which…
Peter Obi Slams NAFDAC ₦700,000 Reopening Fee at Onitsha Head Bridge Market
Former Governor of Anambra State and Labour Party presidential candidate, Mr. Peter Obi, has strongly condemned the reported imposition of a ₦700,000 reopening fee on shop owners at the Head Bridge Market in Onitsha following its closure by the National…
Eto’o, Adebayor, Okocha play peace match in Somalia
Three African football legends – Samuel Eto’o, Emmanuel Adebayor and Jay-Jay Okocha – took to the pitch in Somalia on Tuesday for an exhibition match aimed at restoring the country’s image. The three superstars were part of a FIFA-backed…
MTN Ghana reaffirms $1.0bn investment commitment
The Chief Executive Officer of MTN Ghana, Stephen Blewett, has reaffirmed the company’s commitment to increasing its investments in Ghana, citing confidence in the country’s economic potential and digital transformation agenda. Speaking at the 9th edition of the Ghana CEO…