By Ayomide Otitoju Nentawe Yilwatda is expected to emerge as the new national chairman of the All Progressives Congress (APC) following what sources describe as a consensus endorsement at a high-level meeting involving President Bola Tinubu and party governors. Yilwatda’s likely confirmation is anticipated at the party’s National Executive Committee (NEC) meeting scheduled for 2…
passenger aircraft carrying nearly 50 people crashed on Thursday in Russia’s remote Amur region, with no immediate signs of survivors, according to local authorities. The twin-propeller Antonov-24, operated by Angara Airlines, was en route from Blagoveshchensk to Tynda when it vanished from radar around 1:00 p.m. local time (0400 GMT). A rescue helicopter later located…
By Ayomide Otitoju Nigerian Afrobeats stars Adekunle Gold and Simi have announced the acquisition of a new home, marking a significant personal milestone. The couple revealed the development in a joint Instagram post featuring a photo of them embracing outside the residence, accompanied by the caption, “Another address, same love.” No details were disclosed regarding…
By Ayomide Otitoju Nestlé reported a 10.3% decline in first-half net profit to 5.1 billion Swiss francs ($6.4 billion) on Tuesday, as weak consumer spending in China and high input costs continue to weigh on the Swiss food giant. While group sales dipped just 1.8% to 44.2 billion francs, the company attributed the decline largely…
By Ayomide Otitoju French media conglomerate Canal+ has received approval from South Africa’s Competition Tribunal to proceed with its proposed acquisition of MultiChoice Group, clearing the final regulatory hurdle in the multi-billion rand deal. The approval allows Canal+ to acquire Africa’s largest pay-TV company, which operates platforms such as DStv and GOtv. Canal+ had earlier…
By Ayomide Otitoju The Minister of Solid Minerals Development, Dr. Dele Alake, has lauded Dangote Cement Plc, Ibese Plant, for its continued investment in agricultural development and food security through its Farmers Empowerment Programme. Speaking at the 2025 edition of the programme in Ibese, the Minister—represented by Mines and Environment Compliance Officer (South-West), Mr. Mathew…
By Ayomide Otitoju Former Minister of Transportation and ex-Governor of Rivers State, Rotimi Amaechi, has pledged that coalition leaders will rally behind whoever emerges as the presidential candidate of the African Democratic Congress (ADC) ahead of the 2027 general elections. Speaking at a press briefing in Port Harcourt on Wednesday, Amaechi emphasized the opposition’s commitment…
By Ayomide Otitoju Stanbic IBTC Bank, a member of Standard Bank Group, has emerged as a double winner at the Euromoney Awards for Excellence 2025, clinching titles for Best Bank for Securities Services and Best Bank for SMEs in Nigeria. The awards recognize Stanbic IBTC’s commitment to operational excellence and tailored financial services. The Securities…
By Ayomide Otitoju Fidelity Bank Plc has launched the Fidelity SME Empowerment Program (FSEP) to equip 100 growth-ready Nigerian small businesses with digital tools and operational support. The initiative was unveiled on July 23 at the bank’s SME Hub in Gbagada, Lagos. The program provides selected SMEs with ERPRev-enabled POS systems, inventory tools, branding support,…
