President Bola Ahmed Tinubu has assured petroleum workers that Nigeria’s Government-owned refineries will return to sustainable operations, insisting that the facilities must not only restart but also become commercially viable and beneficial to the Nigerian economy. Tinubu gave the assurance on Thursday, August 13, 2026, when he received the newly elected leadership of the Nigeria … Read more
The Rivers State Government has dismissed reports of a fresh disagreement between Governor Siminalayi Fubara and members of the Rivers State House of Assembly over the delay in passing the State’s 2026 Appropriation Bill. The Government described the reports as misleading, saying the budget proposal remains before the legislature and is progressing through the required … Read more
Former Toyota Motor Corporation President and Chairman, Hiroshi Okuda, one of the executives credited with transforming the Japanese automaker into a global powerhouse, has died at the age of 93. Toyota confirmed his death on Wednesday, August 12, 2026, although the company did not immediately disclose the date or cause of death. Okuda remains closely … Read more
The Nigeria Civil Aviation Authority (NCAA) has appealed to aviation unions to suspend their ongoing industrial action and return to dialogue, following disruptions to flight operations across the country. The appeal was contained in a statement issued on Tuesday, August 11, 2026, by the Director-General of Civil Aviation, Capt. Chris Ona Najomo. The aviation regulator … Read more
Oil prices extended their recent gains on Tuesday as uncertainty surrounding the reopening of the Strait of Hormuz continued to unsettle global energy markets and revive concerns about inflation. The latest movement came as hopes of a quick agreement between the United States and Iran appeared to weaken, with both sides maintaining positions that could … Read more
Heirs Life Assurance has appointed Pastor Jerry Eze, founder and lead pastor of Streams of Joy International Ministry, as an Independent Non-Executive Director of the company. The appointment took effect on Monday, August 10, 2026, marking a new corporate responsibility for the prominent Nigerian cleric and founder of the New Season Prophetic Prayers and Declarations … Read more
Clinoscope Services Limited has increased its stake in Nigerian pharmaceutical company, Neimeth International Pharmaceuticals Plc, after purchasing an additional 40 million ordinary shares valued at ₦312 million. The acquisition, executed at ₦7.80 per share, was completed on August 4, 2026, in Lagos, according to a corporate disclosure filed with the Nigerian Exchange (NGX). The disclosure … Read more
Billionaire businessman, Femi Otedola, has increased his ownership in First HoldCo Plc after purchasing an additional 138.04 million ordinary shares worth approximately ₦18.11 billion, further strengthening his position as one of the largest shareholders in Nigeria’s most valuable listed banking group. The latest acquisition was disclosed in a regulatory filing submitted to the Nigerian Exchange … Read more
The race for the FIFA presidency has taken a dramatic turn after the Football Association of Wales (FAW) became the first national football federation to publicly withdraw its backing for Gianni Infantino’s bid for another term as President of world football’s governing body. The decision marks a significant escalation in the growing opposition to Infantino’s … Read more
Nigerian oil billionaire, Muhammadu Indimi, has taken a fresh legal step in the high-profile dispute over dividend payments involving his twin daughters, Ameena and Zara Indimi, by seeking to join the appeal against a Federal High Court judgment that awarded them $43.51 million. The latest development adds another chapter to one of Nigeria’s most closely … Read more