Rotimi Amaechi, former minister of transportation, clashed with a presenter during an interview on Trust TV after being asked if he would accept a vice-presidential slot in the African Democratic Congress (ADC). The heated exchange happened during the station’s programme on Monday and has since gone viral on social media. During the interview, the presenter…
Police rescue three children in Mowe operation The Ogun State Police Command has arrested a husband and wife suspected of child stealing. The police also rescued three children during the operation in the Mowe area of the state. Police spokesperson, DSP Oluseyi Babaseyi, confirmed the development in a statement on Wednesday. He said operatives acted…
Company insists operations remain strong Zichis Agro-Allied Industries Plc has said its equity fundamentals remain strong and steadily growing. The company made the statement despite recent volatility in its share price on the Nigerian Exchange. Executive Director, Finance and Strategies, Chris Ogbaisi, explained that the company continues to expand production and strengthen its agricultural base….
US stocks open lower amid market pressure Wall Street stocks retreated early Tuesday as investors reacted to inflation concerns and rising geopolitical tension. Higher oil prices and rising Treasury yields also weakened market sentiment. As a result, major US indices opened lower. About 10 minutes into trading, the Dow Jones Industrial Average dropped 0.8 percent…
CIS, ABUAD begin 2026 finance conference The Chartered Institute of Stockbrokers, in partnership with Afe Babalola University, has launched the 2026 Annual International Conference on Finance, Securities and Investment. The initiative aims to strengthen collaboration between capital market stakeholders and academic institutions. As part of this effort, the conference will create a platform for policy…
Downstream sector faces deeper division A fresh divide has emerged in Nigeria’s downstream oil sector as tank farm owners backed Dangote Petroleum Refinery’s push to stop fresh petrol imports. Members of the Jetties and Petroleum Tank Farm Owners of Nigeria distanced themselves from the position of the Depot and Petroleum Products Marketers Association of Nigeria…
The Nigeria Democratic Party (NDC) has screened and cleared Peter Obi, former governor of Anambra state, as its only presidential aspirant ahead of the 2027 general election. The screening, which took place on Tuesday at the party’s national headquarters in Abuja, was chaired by Sam Egwu, former governor of Ebonyi state. In an X post…
Africa moves to strengthen AI governance African policymakers, technology experts, and civil society leaders have launched a new initiative to improve ethical oversight of artificial intelligence across the continent. The programme, called the Pan-African AI Ethics and Governance Fellowship, aims to build safer, inclusive, and accountable AI systems. As AI adoption grows rapidly, governments and…
EFCC confirms arrest of former minister The Economic and Financial Crimes Commission has arrested former Minister of Power, Saleh Mamman, following his recent conviction for financial misappropriation. EFCC Chairman, Ola Olukoyede, confirmed the development on Tuesday. According to reports, operatives arrested Mamman around 3:30 am in Kaduna. Two others arrested during operation Olukoyede disclosed that…
Wizkid sets new Spotify record Nigerian Afrobeats singer, Wizkid, has become the first African artist to surpass 11 billion streams on Spotify across all credits. Music data platform ChartsAfrica announced the milestone on Tuesday through a post shared on X. The platform highlighted Wizkid’s dominance on the streaming platform, noting that he remains the first…
