By Ayomide Otitoju MTN Nigeria has announced the commencement of entries for the eighth edition of the MTN mPulse Spelling Bee, inviting pupils and students aged between 9 and 15 years to participate in the national competition. The competition begins with the Practice Stage, followed by Round One, where participants will compete for a place…
By Ayomide Otitoju French energy giant TotalEnergies has reported a more than twofold increase in second-quarter net profit, driven by rising oil and gas prices amid renewed tensions in the Middle East. The company said in a statement on Thursday that net profit reached $5.4 billion between April and June, compared with $2.7 billion recorded…
South Korean technology giant Samsung has unveiled a new range of slimmer foldable smartphones, with higher price tags driven by rising artificial intelligence-related component costs. The new devices were launched on Wednesday in London as the company seeks to strengthen its leadership in the foldable smartphone market ahead of a possible entry by US rival…
Ayomide Otitoju The Vice Chancellor of the University of Lagos (UNILAG), Professor Folasade Ogunsola, has praised Rite Foods Limited for promoting academic excellence through its Rite Foods National Academic Excellence Awards, describing the initiative as a strategic investment in Nigeria’s future and a recognition of outstanding student achievement. Professor Ogunsola made the remarks on Monday…
By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu has called for stronger collaboration among governments, the private sector and development institutions to bridge Africa’s development financing gap and accelerate sustainable economic growth. The governor made the call on Wednesday at the opening of the 2026 Africa Social Impact Summit (ASIS), themed “Financing for Development: Building Resilience and Transforming Emerging…
By Ayomide Otitoju The Nigerian National Petroleum Company (NNPC) Ltd. has reported ₦4.335 trillion in revenue and ₦462 billion profit after tax for May 2026, highlighting strong operational performance across its energy value chain. According to the company’s Monthly Report Summary for May 2026, cumulative statutory payments from January to May 2026 stood at ₦4.858 trillion, while upstream pipeline availability reached 98 per cent during…
By Ayomide Otitoju Fidelity Bank Plc has provided food relief to more than 1,000 Internally Displaced Persons (IDPs) in Mangu Local Government Area of Plateau State through its Fidelity Food Bank Initiative, as part of efforts to combat hunger and support vulnerable communities. The humanitarian outreach, carried out in partnership with the Plateau State Sustainable…
By Ayomide Otitoju Zenith Bank Plc has emerged as Africa’s Best Bank and Nigeria’s Best Bank at the 2026 Euromoney Awards for Excellence, reinforcing its position as one of the continent’s leading financial institutions. The awards were presented on July 16, 2026, at The Peninsula London Hotel. Zenith Bank retained the Nigeria’s Best Bank title…
Britain’s annual inflation rate fell more than expected to 2.6 per cent in June, driven largely by lower petrol and diesel prices, according to official figures released on Wednesday. Data from the Office for National Statistics (ONS) showed the Consumer Prices Index (CPI) rose by 2.6 per cent in the 12 months to June, down…
