British Prime Minister Keir Starmer has said the United Kingdom is in discussions to participate in a major European Union loan package for Ukraine, which could also support the purchase of British-made weapons. Speaking on Monday as he arrived for a summit of European leaders in Armenia, Starmer said the talks were aimed at strengthening…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding (MoU) with two Chinese firms for a potential technical equity partnership aimed at completing, restarting, and expanding the Port Harcourt and Warri refineries. The agreement was signed with Sanjiang Chemical Company Limited and Xingcheng (Fuzhou) Industrial Park Operation and Management…
By Ayomide Otitoju At the Beijing Auto Show, Great Wall Motors hosted a global test drive event at its research and development centre and proving ground, bringing together international automotive media and dealer partners to experience its latest vehicle lineup. The showcase featured models such as the ORA 5, WEY V9X, TANK 700, and WEY…
By Ayomide Otitoju Financial experts have called on cryptocurrency firms across Africa to adopt more structured and transparent communication strategies, warning that startup-style messaging could undermine trust as the sector matures. In a commentary, John Kokome, Corporate Communications Manager at FlashChange, noted that while cryptocurrency adoption on the continent has grown significantly—driven by use cases…
By Ayomide Otitoju Eterna Plc has reported a strong start to the 2026 financial year, posting solid growth in its unaudited first-quarter results for the period ended 31 March 2026. The company recorded revenue of ₦70.45 billion, while profit before tax stood at ₦1.65 billion, reflecting improved operational performance across its core business segments. Profit…
By Ayomide Otitoju The Dangote Petroleum Refinery has commenced direct aviation fuel deliveries to international carriers, including Ethiopian Airlines, as global fuel markets face pressure from ongoing geopolitical tensions between the United States and Iran. Managing Director David Bird disclosed at an energy conference in Lagos that the refinery is now exporting jet fuel, diesel,…
By Ayomide Otitoju Wema Bank Plc has announced the ninth anniversary of ALAT by Wema, Africa’s first fully digital bank, highlighting nearly a decade of innovation in Nigeria’s financial services sector. Launched in 2017, ALAT was introduced to address inefficiencies associated with traditional banking, including long queues, physical limitations, and slow transaction processes. The platform…
By Ayomide Otitoju MTN Group has reaffirmed its commitment to youth engagement and digital empowerment following its involvement in “The Gathering on 100,” a 100-hour creativity and innovation showcase driven by young Nigerians. The initiative, held under MTN’s “Year of the Youth” focus, brought together ideas, performances, pitch sessions, and creative expression across fashion, technology,…
By Ayomide Otitoju Nigerian Exchange Limited-listed telecom operator has released its financial results for the first quarter ended March 31, 2026, reporting a strong start to the year driven by increased infrastructure investment. The company disclosed that capital expenditure rose by 92.89 per cent to ₦390.3 billion in Q1 2026, up from ₦202.4 billion recorded…