admin

International Breweries Plc has proposed a share capital reorganisation aimed at eliminating its accumulated losses of N191.03 billion and restoring its ability to pay dividends, following its return to profitability in the 2025 financial year. The brewer, in a notice filed with the Nigerian Exchange Limited (NGX), said the proposal involves two key steps including […]

With financing secured, UTM Offshore says it is on track to take a Final Investment Decision on Nigeria’s first floating LNG project in September, paving the way for construction to begin in the first quarter of next year. Speaking to CNBC Africa at Nigeria Oil and Gas Week in Abuja, Group Managing Director, Julius Rone […]

•Says $2.3trn needed to bridge infrastructure gap By Merit Ibe Chairman, Alliance for Economic Research and Ethics (AERE) Ltd/GTE, Dele Oye, has lamented Nigeria’s worsening brain drain, saying it has reduced the country’s medical workforce to about 55,000 doctors serving a population of over 230 million. This, he said, comes as decades of poor infrastructure […]Read More

•Pace of borrowing among highest in recent years, say experts   The federal government borrowed a net N7.6 trillion from the domestic debt market in the first half of 2026, highlighting its growing reliance on local investors to finance budget needs and other fiscal obligations. This was revealed in a market review and outlook report […]

The Securities and Exchange Commission (SEC) has approved a N6.94 billion mandatory takeover offer by Emerald HoldCo B.V. for up to 11.74 million ordinary shares of Beta Glass Plc, following the acquisition of an indirect controlling interest in the glass manufacturer. The approval, disclosed in a notice filed with the Nigerian Exchange Limited (NGX), paves […]

When something truly curious happens, such as the Presidential Foreign Intervention Promotion Council (PFIPC) scandal, we pivot to outrage. But that is when you learn the most about yourself and the world around you. It is time to tread cautiously, not breathe furiously. The facts appear to be that a bogus but significant presidential agency […]

The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Independent National Electoral Commission (INEC), seeking a court order compelling the electoral body to investigate allegations that governors elected on the platform of the All Progressives Congress (APC) diverted about ₦800 billion from Federation Account Allocation Committee (FAAC) funds for political and […]

By Peter Duru The Benue State Police Command has arrested seven additional suspects, including four traditional chiefs and an 80-year-old man, over the gruesome murder of the Chairman of the Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN), Benue State chapter, Ardo Risku Mohammad, and one Yakubu Isa in Otukpo Local Government Area, LGA, of […]

Italian football icon Paolo Maldini has been appointed technical director of the national football federation (FIGC) looking to rebuild after Italy’s failure to qualify for a third consecutive World Cup. “Maldini has always been my target,” said newly-appointed FIGC president Giovanni Malago. “I felt he was the right person to oversee the FIGC’s technical sector […]

By Florencemary Nwabueze The Abia State Police Command has arrested a 22-year-old man for allegedly robbing members of the public using a stainless lighter designed to resemble a pistol. Search on Sells.ng Nigeria’s First Ecommerce Shopping Search Engine …For More About This Post: We’ll honour those who died in Oriire kidnap rescue operation – Makinde […]

By Vincent Ujumadu A man identified as Ejike Ofoegbu, publisher of Igbo Time Magazine, has admitted responsibility for creating and circulating videos on Facebook and other social media platforms in which he falsely claimed to be Governor Chukwuma Soludo’s son, Ozonna Soludo. In a video released by Ofoegbu, he acknowledged that the claims made in […]

By Ozioruva Aliu, BENIN CITY The Ovia South-West Local Government Area of Edo State, on Saturday, produced the youngest chairman in its history as 30 years Anthony Osarobo won the election. Search on Sells.ng Nigeria’s First Ecommerce Shopping Search Engine …For More About This Post: ‘Our people interested in choosing leaders’ – Okpebholo commends voters’ […]