By Ayomide Otitoju Israeli and United States strikes on Tuesday hit the building of Iran’s Assembly of Experts in Qom, according to local media reports. The development follows a wave of US-Israeli attacks on Saturday that reportedly killed Iran’s former supreme leader, Ali Khamenei. Tasnim news agency reported that “American-Zionist criminals attacked the Assembly of…
By Ayomide Otitoju Amazon said late Monday that two of its data centres in the United Arab Emirates were directly struck by drones, disrupting cloud services across parts of the Middle East. The company also disclosed that a facility in Bahrain sustained damage from a nearby drone strike, according to an update posted on its…
By Ayomide Otitoju Nigeria’s net foreign exchange reserves rose sharply by 772 percent over two years, increasing from $3.99 billion at the end of 2023 to $34.80 billion as of December 2025, the Governor of the Central Bank of Nigeria, Olayemi Cardoso, disclosed on Monday. Cardoso’s announcement followed last week’s post-Monetary Policy Committee (MPC) briefing,…
By Ayomide Otitoju The Nigeria Police Council on Monday unanimously approved the appointment of Olatunji Disu as the Inspector-General of Police (IGP), clearing the way for his swearing-in by President Bola Tinubu on Wednesday during the Federal Executive Council meeting. The council meeting, held at the State House and presided over by President Tinubu, included…
By Ayomide Otitoju The family of former Kaduna State governor, Nasir El-Rufai, has accused the Independent Corrupt Practices and Other Related Offences Commission (ICPC) of acting unlawfully in a recent search of his Abuja residence. In a statement issued by his son, Mohammed Bello El-Rufai, a member of the House of Representatives, the family rejected…
By Ayomide Otitoju Nigerians have commended the President and Chief Executive of Dangote Industries Limited, Aliko Dangote, for establishing what is regarded as the world’s largest single-train refinery, as escalating tensions involving the United States, Israel and Iran rattle global oil markets. The conflict has sent crude prices sharply higher, amid fears of potential supply…
By Ayomide Otitoju Verdant IMAP has announced that it advised Polysmart Packaging Group on the successful close of a $5 million strategic equity investment from an Africa-focused private equity investor. The transaction provides growth capital to optimise operations, improve production efficiency, and support Polysmart’s expansion into one of Nigeria’s most advanced recycled polyethylene terephthalate (rPET)…
By Ayomide Otitoju Following the devastating cyclone that struck Madagascar’s east coast, Mercy Ships has joined national disaster response efforts in Toamasina (Tamatave), providing essential relief supplies in coordination with government authorities. Cyclone Gezani caused widespread destruction across the region, displacing thousands of residents and severely damaging homes, public infrastructure, and healthcare facilities. Speaking on…
By Ayomide Otitoju President of Aliko Dangote, the Dangote Group, has announced plans to expand into steel production, electricity generation, and port development, marking a strategic push to accelerate industrialisation across Africa. Dangote, whose conglomerate already spans cement, sugar, salt, fertiliser, and petrochemicals, said his long-term goal is to deepen Africa’s manufacturing base beyond oil…
