By Ayomide Otitoju The European Central Bank (ECB) is expected to keep interest rates unchanged this week for a third consecutive meeting, as inflation stabilizes and the eurozone economy shows tentative signs of recovery. Following a year-long series of rate cuts, the ECB has maintained its key deposit rate at two percent since July. Inflation…
By Ayomide Otitoju President of Dangote Industries Limited, Aliko Dangote, has announced plans to expand the Dangote Petroleum Refinery’s capacity from 650,000 barrels per day (bpd) to 1.4 million bpd, with a commitment to higher Nigerian workforce participation and stronger national energy security. Speaking during a press conference in Lagos on Sunday, Dangote clarified that…
Russia’s Defence Ministry announced on Monday that its air defence systems intercepted and destroyed 193 Ukrainian drones overnight, marking one of the largest reported aerial attacks since the start of the war. In a statement on Telegram, the ministry said the drones were “fixed-wing unmanned aerial vehicles” launched by Ukraine. It added that Russian forces…
By Ayomide Otitoju The Nigerian Association of Resident Doctors (NARD) has declared an indefinite nationwide strike set to begin at 11:59 p.m. on Friday, October 31, 2025, following the expiration of a 30-day ultimatum issued to the Federal Government over unresolved welfare and policy grievances. NARD President, Dr. Mohammad Suleiman, announced the decision in a…
By Ayomide Otitoju Radisson Hotel Group has announced major strides in its global expansion, securing over 210 hotel openings and signings in 2025 as part of its transformation into one of the world’s leading hospitality brands. The Group’s rapid growth reflects its focus on serving the evolving needs of modern travelers while advancing sustainability and…
By Ayomide Otitoju The Islamic Development Bank (IsDB) Group Business Forum, THIQAH, actively participated in the 29th World Investment Conference (WIC) and the 8th Sharjah Investment Forum (SIF), held from October 22 to 23, 2025. Jointly organized by the World Association of Investment Promotion Agencies (WAIPA), the Sharjah FDI Office, and the UAE Ministry of…
By Ayomide Otitoju The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Engr. Bashir Bayo Ojulari, has stated that Nigeria and the NNPC Ltd are set to record significant progress in positioning natural gas as a pivotal driver of inclusive and sustainable national development. Ojulari made this known while congratulating Dr….
By Ayomide Otitoju The Global Agriculture and Food Security Program (GAFSP) has approved its first allocation from a new private sector financing window, providing $14 million in de-risking capital to the African Development Bank Group (AfDB) to catalyze $200 million in private investment aimed at boosting food security in low-income African countries. The funding, part…
By Ayomide Otitoju Dr. Justina Seyi-Olajide, a pioneering Nigerian pediatric surgeon, has made history as the first African female pediatric surgeon to volunteer with Mercy Ships, a global humanitarian organization that provides free medical and surgical care through the world’s largest civilian hospital ship, the Global Mercy™. Currently serving in Sierra Leone — a country…
