By Ayomide Otitoju Lagos State Governor, Mr. Babajide Olusola Sanwo-Olu, on Tuesday launched the third edition of the Lagos Economic Development Update (LEDU 2026) at the Marriott Hotel, Ikeja, describing it as a compass guiding the state’s economic direction and reinforcing his administration’s commitment to a resilient, inclusive, and prosperous Lagos. Represented by his Deputy,…
By Ayomide Otitoju Adeleye Falade has officially taken over as the new Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), assuming office on Wednesday at the company’s Corporate Head Office in Port Harcourt, Rivers State. The appointment follows the elevation of former NLNG MD and CEO, Philip Mshelbila, to Secretary-General of the…
OpenAI announced on Tuesday that it has secured $122 billion in a funding round, giving the AI startup a valuation of $852 billion. The capital raised exceeded initial projections, reflecting rising computing costs and ongoing questions about the ability of AI companies to generate revenue sufficient to cover expenses. “The capital being deployed today is…
By Ayomide Otitoju The naira opened at ₦1,385.27 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Wednesday, as traders reported steady supply from autonomous sources. Market analysts say several factors are shaping the currency’s performance as the market enters April. Traditionally, the first day of the quarter sees a surge in demand as…
By Ayomide Otitoju Bauchi State Governor Bala Mohammed has signaled his preference for the African Democratic Congress (ADC), fueling speculation about a potential exit from the crisis-hit Peoples Democratic Party (PDP) as Nigeria’s opposition landscape begins to shift ahead of the 2027 general elections. Mohammed made the declaration on Tuesday at Ramat House in Bauchi…
FIFA President Gianni Infantino has confirmed that Iran will participate in the 2026 FIFA World Cup as scheduled, with all group-stage matches taking place in the United States despite the ongoing Middle East conflict. Speaking to AFP during halftime of Iran’s friendly against Costa Rica in Turkey on Tuesday, Infantino said: “Iran will be at…
By Ayomide Otitoju Italy will miss a third consecutive FIFA World Cup after suffering a dramatic 4-1 penalty shootout defeat to Bosnia and Herzegovina in Tuesday’s qualification play-off final in Zenica. Esmir Bajraktarevic converted the decisive spot-kick to seal Bosnia’s place in Group B of the tournament, where they will face co-hosts Canada, Switzerland, and…
By Ayomide Otitoju FIFA World Cup-bound Jordan national football team fought back to secure a 2-2 draw against the Nigeria national football team in an international friendly played on Tuesday at the Mardan Sports Complex in Antalya, Turkey. Nigeria concluded their March international window against the Jordanian side, currently ranked 64th in the world. Jordan…
Iran’s Islamic Revolutionary Guard Corps has confirmed the killing of a senior military official, Jamshid Eshaghi, in a joint U.S.-Israeli airstrike, according to a statement issued on Tuesday. In a condolence message, IRGC commander-in-chief Ahmad Vahidi said Eshaghi, who headed budget and financial affairs at Iran’s armed forces general staff, was killed alongside several members…
