Category: News

HomeNews

The Nigeria Deposit Insurance Corporation (NDIC) has announced a ₦24.3 billion second liquidation dividend for depositors of the defunct Heritage Bank with balances above the insured limit of ₦5 million. NDIC made the declaration in a statement issued on Sunday by its Head of Communication and Public Affairs Department, Hawwau Gambo. “It is in continuation …

Nestle has clarified that its infant formula produced and distributed in Nigeria is not part of the batches recalled in some countries. Pinnacle Daily reports that the Swiss multinational food and beverage company recently recalled some batches of its infant nutrition products, including SMA, BEBA and NAN formulas, in countries mainly in Europe, some parts …

Nestlé Nigeria Calls for Entries for 2025 Media Awards

His Majesty’s Attorney General for Jersey, Mark Temple KC, signed a Memorandum of Understanding (“MOU”) in December 2025 to facilitate the return of more than $9.5 million (N13.6 billion ) to the Government of Nigeria, providing additional resources for a critical infrastructure project. Jersey is the largest of the Channel Islands, located in the English Channel, …

Jose Mourinho, the renowned football manager, has been vocal about his admiration for the way the Africa Cup of Nations (AFCON) uses the Video Assistant Referee (VAR) system, contrasting it with the often contentious application of VAR in European football. His comments, which have sparked discussions across the football world, highlight not only the differences …

First HoldCo Plc has announced a series of board appointments across its non-commercial banking subsidiaries. The parent company of First Bank of Nigeria Limited disclosed the development in a statement filed with the Nigerian Exchange Limited on Friday. It said the appointment is part of a broader strategy to strengthen governance and position its businesses …

Bad Loans Slash First HoldCo Profit by Over 93%

China’s car sales growth slowed to its weakest pace in three years in 2025, with automakers struggling to offset a cooling domestic market. Last month, sales fell 14.5% year-on-year to 2.28 million units, worsening from an 8.5% decline in November the largest drop since February 2024, according to the China Passenger Car Association (CPCA). For …

 Nollywood colleagues, friends, and family gathered on Friday to honour the late actress Allwell Ademola, who passed away on 27 December at the age of 49 following a heart attack. The funeral commenced with a candlelight procession and memorial service at Lagos State Television, Ikeja, before her interment at Atan Cemetery, Yaba. READ ALSO: Wizkid …

 The Commissioner of Police, Federal Capital Territory (FCT) Command, CP Miller G. Dantawaye, on Friday received a delegation from the Nigerian Bar Association (NBA) at the Command Headquarters, Abuja. The visit was part of an advocacy initiative by the Chairperson of the International Federation of Women Lawyers (FIDA), the NBA Women Forum, and Unity Bar, …

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in