By Ayomide Otitoju The Governor of Lagos State, Mr. Babajide Sanwo-Olu, has mourned the death of Oba Babatunde Akran, the Wheno Aholu Menu-Toyi I, Paramount Ruler of Badagry Kingdom and Permanent Vice Chairman of the Lagos State Council of Obas and Chiefs, who passed away at the age of 89. In a statement on Monday,…
President Donald Trump on Sunday said the United States would take Greenland “one way or the other,” citing national security concerns and warning that Russia or China could move in if Washington did not act. Speaking to reporters aboard Air Force One, Trump described the mineral-rich Danish territory as strategically vital amid increasing Russian and…
Heineken Chief Executive Officer Dolf van den Brink has announced his unexpected resignation after six years at the helm of the Dutch brewing giant, stepping down only months after unveiling the company’s new long-term strategy. According to a Reuters report, Van den Brink, who assumed leadership in June 2020 at the height of the COVID-19…
By Ayomide Otitoju Suspected bandits have reportedly attacked a wedding convoy in Unguwar Nagunda community, Kankara Local Government Area of Katsina State, killing at least two people and abducting several others. The attack, which occurred on Sunday night, triggered heavy gunfire and panic among residents, according to a security source. The source said families were…
By Ayomide Otitoju Tier-one lender Fidelity Bank Plc has reaffirmed its commitment to community development and educational empowerment with the donation of essential learning materials to schoolchildren in the Makoko community of Yaba, Lagos, under its Fidelity Helping Hands Programme (FHHP). The outreach, facilitated by the bank’s Legal Services Division, saw the distribution of school…
By Ayomide Otitoju The Federal Government and the Academic Staff Union of Universities (ASUU) will on Wednesday, January 14, formalise a new agreement aimed at improving the quality of Nigeria’s university education system and ensuring stability in the sector. The ceremony will take place at the Tertiary Education Trust Fund (TETFund) Conference Hall in Maitama,…
By Ayomide Otitoju The Federal Government has proposed ₦1.096 trillion for capital electricity projects in the 2026 appropriation bill, aiming to tackle long-standing challenges in Nigeria’s power sector, including inadequate generation, transmission bottlenecks, and distribution inefficiencies. According to a breakdown of the 2026 Appropriation Bill seen by Channels Television, the Rural Electrification Agency (REA) received…
By Ayomide Otitoju The Nigeria Deposit Insurance Corporation (NDIC) has announced a second liquidation dividend of ₦24.3 billion for depositors of the defunct Heritage Bank Limited, targeting those with account balances above the ₦5 million statutory insured limit. According to the NDIC, uninsured depositors will receive 5.2 kobo for every ₦1 of their outstanding balances,…
By Ayomide Otitoju Eterna Plc has officially opened its ₦21.52 billion Rights Issue, a key milestone in its capital-raising strategy aimed at strengthening the company’s balance sheet and supporting business expansion. The offer comprises 978,108,485 ordinary shares of 50 kobo each, priced at ₦22.00 per share, and is expected to raise approximately ₦21.52 billion. Existing…
