News at the speed of light
Forbes-listed billionare, Femi Otedola, who is also the Chairman, First Bank Holding Company, is reportedly buying shares in Dangote Cement and seeking to build an interest of up to 5%…
Africa’s richest man, Aliko Dangote, has acquired a 25% stake in Kenya Pipeline Company (KPC) in a deal valued at approximately $327 million, expanding his investments in East…
The Federal Government, 36 states and 774 local government councils shared N2.428tn from the Federation Account in October 2026, representing an increase of N90bn, or 3.85 per cent,…
The National Institute for Hospitality and Tourism (NIHOTOUR) has indicated that it would challenge the reported judgment of the Federal High Court in Lagos in the suit instituted…
Thieves have stolen 30,000 bottles of wine collectively worth about €5m (£4.2m) from a prestigious Italian winery, Italian media report. Marchesi Antinori, one of Italy’s biggest family-owned wineries,…
Groot Constantia’s Pinotage has earned another award and the Capetwon, South Africa Winery is celebrating the cheering news in style. It has won three recent accolades and these…
American jewellery designer Jennifer Meyer, 49, has married Geoffrey Ogunlesi, 34, the son of Nigerian billionaire lawyer and investment banker Adebayo Ogunlesi. The couple exchanged vows on Saturday,…
The Auditor-General of the Federation flagged an alleged ₦345.5 million duplicate payment by the Federal Ministry of Communications, Innovation, and Digital Economy to a contractor handling the Abuja…
The Federal Government has revealed that Nigeria’s crude oil production capacity is inadequate to supply the Dangote Refinery and meet local refining needs. Nigeria’s Minister of Finance, Taiwo…
The Federal Government has again defended removing the fuel subsidy, saying the essential commodity would have cost at least ₦2,000 per litre. The Minister of Finance and the…
