Africa’s richest man, Aliko Dangote, yesterday remained upbeat about the take-off of his $16 billion Lamu Refinery in Kenya despite a court ruling directing parties to maintain the status quo on the disputed site, with the company insisting that today’s groundbreaking ceremony would go ahead. The Malindi Environment and Land Court issued the order following…
The Dangote Group has unveiled more details of its ‘Vision 2030’, targeting over $115 billion in group turnover and $35 billion in annual profit by 2030, anchored on nearly $50 billion in new investments across Africa. This, it said, includes an $8 billion 13-metric-tons-per-annum (MTPA) Liquefied Natural Gas (LNG) plant, and a new East Africa…
President Bola Tinubu will be returning to Nigeria tomorrow, the presidency has clarified, while responding to the barrage of questions around his absence. Presidential spokesperson Bayo Onanuga said the president was in good health and on a working vacation, citing his weekend meeting with investors in France. Presidential candidate of African Democratic Congress (ADC), Atiku…
President Bola Tinubu has given the Federal Capital Territory (FCT) Minister, Nyesom Wike, a clearly defined role in his 2027 re-election campaign, with the former Rivers State governor expected to lead the campaign structure in Rivers State and the FCT. However, he retains his membership of the Peoples Democratic Party (PDP). The emerging arrangement, according…
President Bola Tinubu has mandated Vice President Kashim Shettima to represent him and leadNigeria’s delegation to the 81st Session of the United Nations General Assembly (UNGA) in New York.The announcement was made on Sunday in a statement by Stanley Nkwocha, Senior Special Assistant tothe President on Media and Communications in the Office of the Vice…
Former Vice-President Atiku Abubakar has called on President Bola Tinubu to provide a full explanationfor his third consecutive absence from the United Nations General Assembly (UNGA).In a statement issued on Sunday by his Senior Special Assistant on Public Communication, PhrankShaibu, Atiku noted that Tinubu stayed away from the 79th session in 2024, the 80th in…
British singer Ed Sheeran has described the situation in Gaza as “catastrophic, unjustifiable anddisproportionate” while addressing the ongoing conflict during a concert in Philadelphia.Speaking at the start of his show at Lincoln Financial Field on Saturday night, Sheeran said he had longavoided political commentary because he wanted his music and performances to promote unity ratherthan…
Pope Leo XIV is celebrating his 71st birthday today, marking another milestone as the first American-born pontiff in the history of the Catholic Church.Born Robert Francis Prevost on September 14, 1955, in Chicago, Illinois, he was elected the 267th popeon May 8, 2025, succeeding Pope Francis. He took the name Leo XIV and has dual…
The federal government yesterday officially signed the financing documents for the N728.9 billion Series 2 power sector bond, marking the completion of the transaction designed to settle part of its N4 trillion outstanding obligations to the electricity market. The signing ceremony held in Abuja formalised the financing arrangement after approval had already been secured for…
The Progressive Governors Forum has ruled out supporting or endorsing any political coalition or candidate outside the All Progressives Congress ahead of the 2027 elections, in an apparent reference to the Nyesom Wike-led Rainbow Coalition. Chairman of the Forum and Imo State Governor, Hope Uzodimma, announced the position late Monday after the governors’ meeting in…
