Shares of H&M jumped on Thursday after the high street retailer posted better-than-expected results in the fiscal third quarter, and its turnaround strategy showed signs of gaining pace. Shares were up 10% by 8:48 a.m. London time (3:20 a.m. ET). Operating profit at the fashion retailer rose 40% year-on-year to 4.9 billion Swedish krona ($522…
President Bola Tinubu has summoned the immediate past Rivers State Administrator, Vice Admiral Ibok-Ete Ibas (retd.), to Aso Villa. Ibas, who arrived at the presidential villa clad in brown native attire, was closely followed by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Chairman of the Economic and Financial…
Former Vice President Atiku Abubakar has assured the Yoruba that their interests would be central to his presidency if elected in 2027. Atiku, who contested the 2023 election under the Peoples Democratic Party, said on Wednesday that fears of his government favouring his Fulani kinsmen were unfounded. In a statement issued by his media consultant,…
The Depot and Petroleum Products Marketers Association of Nigeria has called on the Dangote Refinery to make its fuel supply more accessible to marketers and sell products at affordable rates. The spokesperson for the association, Ikem Ohia, said on Channels Television’s The Morning Brief on Wednesday that closer collaboration with the refinery would ensure a…
Rihanna has welcomed her third child with American rapper, Rakim Mayers, popularly known as A$AP Rocky. The 37-year-old singer confirmed the birth in a photo released on her Instagram page on Tuesday, revealing the baby girl’s name as Rocki Irish Mayers. The newborn is the couple’s first daughter after two sons, RZA, three, and Riot,…
President Bola Tinubu on Wednesday conferred national honours of the Commander of the Order of the Niger posthumously on four late Ogoni leaders. They are Albert Badey, Edward Kobani, Theophilus Orage, and Samuel Orage, popularly remembered as the Ogoni Four. President Tinubu bestowed the honours on the four leaders while receiving the report of the…
Liverpool advanced from the EFL third round after a dramatic 2-1 win over Southampton at Anfield on Tuesday night. The Reds took the lead just before the break when summer signing Alexander Isak marked his first goal for the club in the 43rd minute. The striker latched onto a pass from Federico Chiesa and calmly…
Chelsea came from behind to beat League One outfit Lincoln City 2-1 in the third round of the EFL Cup, advancing to the next stage of the competition. Lincoln stunned the Premier League giants shortly before half-time when Reeco Street opened the scoring in the 42nd minute, firing past Jorgensen to give the hosts a…
The push for special seats for women in the national and state assemblies gained momentum Monday at a national public hearing on the review of the 1999 Constitution, organised by the House of Representatives Committee on Constitution Review. The Speaker of the House of Representatives, Abbas Tajudeen, women groups, the United Nations, the United Kingdom,…
The African Democratic Congress (ADC) has fired back at the Presidency over its recent assertion that President Bola Tinubu has no plans to extend his tenure beyond 2031, describing the remarks as presumptuous and patently undemocratic. In a statement issued by its National Publicity Secretary, Mallam Bolaji Abdullahi, the ADC asserts that the President’s mandate…
