By Ayomide Otitoju The Board of Directors of the African Development Bank Group (AfDB) has approved $75 million in financing to support Nyanza Light Metals Pty Ltd (Nyanza), a South Africa-based company, in a major push to advance industrialization and local value addition across Africa’s titanium sector. The funding will enable the development of an…
By Ayomide Otitoju Coca-Cola Nigeria has officially launched its highly anticipated “Share A Coke” campaign in Lagos, turning the city into a hub of excitement and celebration on October 23, 2025. The event drew over 1,500 guests, including fans, influencers, and media personalities, for an evening filled with music, creativity, and shared joy. Guests personalized…
By Ayomide Otitoju Nestlé Nigeria Plc has reported strong financial performance for the nine months ended September 30, 2025, marking a solid return to profitability driven by significant revenue and operating income growth. According to the company’s unaudited results released on Wednesday, revenue rose by 33% year-on-year to ₦884.5 billion, up from ₦665.3 billion recorded…
By Ayomide Otitoju Fidelity Bank Plc has extended its flagship savings campaign, the Get Alert in Millions (GAIM) Season 6 promo, by three months, raising the total prize pool from ₦159 million to ₦189 million. The extension, announced in September 2025, reflects the bank’s commitment to strengthening financial inclusion, promoting savings culture, and rewarding customer…
By Ayomide Otitoju Guaranty Trust Holding Company Plc (GTCO) has released its unaudited consolidated and separate financial statements for the nine months ended September 30, 2025, to the Nigerian Exchange Group (NGX) and the London Stock Exchange (LSE), posting a profit before tax (PBT) of ₦900.8 billion. The Group attributed the strong performance to growth…
U.S. chipmaker Nvidia will acquire a 2.9 percent stake in Finnish telecoms giant Nokia for $1 billion, the companies announced on Tuesday, sending Nokia’s shares soaring nearly 20 percent. The investment expands an existing strategic partnership between the two firms focused on developing Nokia’s 5G and 6G mobile network technologies using Nvidia’s advanced chips. “Nokia…
By Ayomide Otitoju Nobel Laureate Prof. Wole Soyinka has revealed that the United States government has revoked his visa, a move he described as unexpected and politically motivated. Soyinka disclosed this on Tuesday during a press briefing at Kongi’s Harvest Gallery, Freedom Park, Lagos Island. According to him, the U.S. Consulate informed him of the…
By Ayomide Otitoju The Inspector General of Police (IGP), Kayode Egbetokun, has approved the deployment of 45,000 police officers to ensure adequate security for the Anambra governorship election scheduled for Saturday, November 8, 2025. Egbetokun announced the measure on Tuesday during a meeting of the Inter-Agency Consultative Committee on Election Security (ICCES) held at the…
Israeli Prime Minister Benjamin Netanyahu on Tuesday ordered the military to launch “powerful strikes” on the Gaza Strip, accusing Hamas of violating the U.S.-brokered ceasefire agreement. The directive came shortly after Hamas announced it would delay handing over the remains of another Israeli hostage, citing what it described as Israel’s repeated “truce violations.” “Following security…
