By Ayomide Otitoju Oil giant Shell on Thursday denied media speculation suggesting it was preparing a takeover bid for rival BP, firmly stating that no discussions had taken place and confirming it was not considering such a move. Responding to a report by The Wall Street Journal, which claimed Shell had explored the possibility of…
By Ayomide Otitoju Justice Aisha Kumaliya of the Borno State High Court, sitting in Maiduguri, has convicted and sentenced Aisha Alkali Wakil, popularly known as Mama Boko Haram, along with Tahiru Saidu Daura and Prince Lawal Shoyode, to 14 years imprisonment each for conspiracy and obtaining money under false pretence to the tune of ₦11…
By Ayomide Otitoju Shareholders of Dangote Cement Plc have approved a final dividend of ₦30 per share for the 2024 financial year, amounting to a total distribution of ₦506.21 billion. The dividend represents a yield of 6.81%, based on the current market price of ₦440 per share. The approval came at the company’s 16th Annual…
By Ayomide Otitoju From London to Los Angeles, Chinese toymaker Pop Mart’s quirky monster doll, Labubu, is making waves globally—drawing crowds to retail stores and catching the attention of celebrities like Rihanna and Cher. The wide-eyed, fanged figurines, sold in $40 “blind boxes,” have become unexpected ambassadors of Chinese pop culture, subtly reshaping global perceptions…
By Ayomide Otitoju The Presidential Compressed Natural Gas Initiative (PCNGI) has hailed the Dangote Refinery’s plan to deploy 4,000 Compressed Natural Gas (CNG)-powered trucks across Nigeria, describing it as a game-changing move for the nation’s energy transition and transport sector. Speaking on the sidelines of the recently concluded West Africa Economic Summit in Abuja, PCNGI…
By Ayomide Otitoju Fidelity Bank Plc has announced the promotion of 376 employees, accounting for approximately 12% of its total workforce, following the conclusion of its 2024 annual performance review. The promotions come amid the bank’s record-breaking financial results and ongoing commitment to staff welfare. In 2024, Fidelity Bank posted a remarkable 210% increase in…
By Ayomide Otitoju Ibom Airlines Limited (Ibom Air) has held its inaugural public Annual General Meeting (AGM), signaling a new era of corporate transparency and performance accountability. The event, held at the Four Points by Sheraton Hotel in Ikot Ekpene, Akwa Ibom State, was convened at the request of the airline’s sole shareholder, Governor Umo…
By Ayomide Otitoju Ecobank Nigeria has been named one of five Nigerian banks selected to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme, an initiative backed by a coalition of European donors aimed at boosting green energy investments in developing economies. The programme was officially launched at Ecobank’s Lagos headquarters. Lawrence…
By Ayomde Otitoju Despite not being officially available, nearly 70,000 individuals have already registered interest in the proposed U.S. residency programme known as the “Trump Card,” which offers permanent residency in exchange for a $5 million investment. The initiative, backed by former U.S. President Donald Trump and Commerce Secretary Howard Lutnick, is still in development….
