By Ayomide Otitoju Fidelity Bank Plc has announced the successful completion of the first tranche of its equity capital raise through a combined Public Offer and Rights Issue, following the Central Bank of Nigeria’s (CBN) capital verification and the Securities and Exchange Commission’s (SEC) approval of the Basis of Allotment. The bank received 108,046 applications…
By Ayomide Otitoju Adron Homes and Properties, Nigeria’s premier real estate development company, is celebrating its 13th anniversary today, commemorating over a decade of achievements in the country’s real estate sector. Since its founding, Adron Homes has remained dedicated to providing both affordable and luxurious housing solutions, making homeownership a reality for Nigerians across all…
By Ayomide Otitoju Lagos State Governor, Mr. Babajide Sanwo-Olu, on Thursday, extended his congratulations to the President of the African Development Bank (AfDB), Dr. Akinwunmi Adesina, on his 65th birthday. In a statement issued by his Special Adviser on Media and Publicity, Mr. Gboyega Akosile, Governor Sanwo-Olu described Adesina, a former Nigerian Minister of Agriculture…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC) and First Exploration & Petroleum Development Company Limited (First E&P) Joint Venture (JV) has successfully reduced routine flaring of associated gas (AG) by 96% from the Anyala (OML 83) and Madu (OML 85) fields. This milestone was achieved through the implementation of an AG reinjection…
By Ayomide Otitoju The Nigeria Immigration Service (NIS) has announced that it will roll out its contactless passport application system in Europe, the United Kingdom, and Ireland on Friday, February 7, 2025. NIS spokesman, AS Akinlabi, disclosed this in a statement on Wednesday, highlighting the service’s commitment to improving passport processing for Nigerians abroad. Speaking…
A U.S. federal judge on Wednesday blocked President Donald Trump’s attempt to restrict birthright citizenship, delivering a legal setback to one of his most controversial immigration policies. The ruling, issued by District Judge Deborah Boardman in Maryland, indefinitely halts enforcement of Trump’s executive order, which was set to take effect nationwide on February 19. “The…
By Ayomide Otitoju A World Health Organization (WHO) employee has raised more than $100,000 through an online fundraiser to help offset the financial shortfall caused by the United States’ withdrawal from the UN health agency. Tania Cernuschi, a 46-year-old Italian development economist with a decade-long tenure at WHO, launched the initiative after US President Donald…
Ukraine announced on Thursday that it had captured more than 900 Russian troops over six months of fighting in Russia’s western Kursk region, marking a significant development in its ongoing military efforts. According to Kyiv, a key objective of its offensive, launched in August just beyond its border with Russia, was to secure Russian prisoners…
Guatemalan President Bernardo Arevalo has agreed to a 40 percent increase in deportation flights from the United States, a move welcomed by U.S. Secretary of State Marco Rubio during his visit to the Central American nation on Wednesday. Arevalo’s pledge comes as he seeks to strengthen ties with the Trump administration, addressing a key priority…
