By Ayomide Otitoju The United Nations Children’s Fund (UNICEF) has revealed that Nigeria now has the highest number of malnourished children in Africa. The agency disclosed this disturbing statistic on Tuesday, noting that only two out of every ten children affected by severe malnutrition are currently receiving treatment. According to UNICEF, Nigeria is home to…
By Ayomide Otitoju The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of renowned rights activist and social media influencer Martins Vincent Otse, also known as VeryDarkMan (VDM). The anti-corruption body announced the arrest on its official social media handle on Tuesday, stating that Otse was detained following multiple petitions accusing him of…
Russian President Vladimir Putin is set to deliver a major address at the upcoming Victory Day parade in Moscow, marking the 80th anniversary of the Soviet Union’s defeat of Nazi Germany in World War II. The event, scheduled for Friday, is expected to be the most extravagant in history, as Putin seeks to rally domestic…
By Ayomide Otitoju Shell Plc is reportedly exploring a potential acquisition of rival BP Plc, according to Bloomberg News, as the energy giant evaluates strategic opportunities amid weakening oil and equity markets. Citing people familiar with the matter, the report said Shell has been working closely with advisers in recent weeks to assess the feasibility…
Billionaire investor Warren Buffett has announced he will retire as CEO of Berkshire Hathaway by the end of the year, bringing to a close a storied 54-year leadership of one of the world’s most successful conglomerates. Speaking at Berkshire’s annual shareholders’ meeting in Omaha, the 94-year-old confirmed that Vice Chairman Greg Abel will succeed him…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has called on legal practitioners and civil society organisations within the West African sub-region to commit to building an inclusive legal framework that guarantees equal access to justice for all, irrespective of background or status. The Governor made the call while delivering the keynote address at the…
Chelsea boosted their hopes of Champions League qualification with a commanding 3-1 victory over Premier League champions Liverpool at Stamford Bridge on Sunday. Liverpool, crowned champions for a record-equalling 20th time after last weekend’s emphatic 5-1 win over Tottenham, looked off the pace in west London, showing signs of a title hangover. With little left…
By Ayomide Otitoju British energy giant Shell reported a 35% decline in first-quarter net profit on Friday, citing weaker oil prices, but moved to reassure investors with strong shareholder returns. In its Q1 2025 earnings statement, Shell posted a net profit of $4.8 billion attributable to shareholders, down from $7.4 billion in the same period…
By Ayomide Otitoju The Central Bank of Nigeria (CBN) has announced a significant rise in its operating income, surging to N15.23 trillion in 2024, up from N5.89 trillion recorded in 2023. The figures were contained in the apex bank’s newly released consolidated and separate financial statements for the year ended December 31, 2024. The banking…
