Category: News

HomeNews

By Esther Ososanya Shares of cryptocurrency exchange operator Bullish (BLSH.N), owner of CoinDesk, surged nearly 62% above their initial public offering (IPO) price on Wednesday. The sharp rise signals renewed investor confidence in the digital asset sector and boosts the outlook for future U.S. listings by other crypto companies. If trading holds between $55 and …

By Esther Ososanya Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has praised Lotus Capital Limited for its pioneering role in developing the country’s non-interest finance sector, stressing that innovative financing and private-sector collaboration are critical to achieving inclusive economic growth. The development was disclosed in an official press statement …

By Esther Ososanya In a significant twist to two of Nigeria’s most talked-about aviation controversies, the Federal Government has withdrawn its criminal complaint against Ms Comfort Emmanson and reduced the lifetime flight ban imposed on Fuji icon Wasiu Ayinde Marshall, popularly known as KWAM 1, to one month. The announcement, made by Minister of Aviation …

By Esther Ososanya Palestinians reported the most intense bombardments in weeks on Monday in eastern Gaza City, just hours after Israeli Prime Minister Benjamin Netanyahu said he expected to complete a new expanded offensive against Hamas “fairly quickly”. An airstrike killed six journalists, including prominent Al Jazeera correspondent Anas Al Sharif, in a tent at …

By Rafiyat Sadiq President Bola Tinubu has withdrawn the reappointment of Dr Muheeba Dankaka as Executive Chairman of the Federal Character Commission (FCC) and named former House of Representatives member Ayo Omidiran as her replacement. Dankaka’s tenure was marred by controversy, and she was succeeded in an acting capacity by Kayode Oladele, who will continue …

By Esther Ososanya The National Sugar Development Council (NSDC) has signed fresh agreements with four major operators to roll out large-scale greenfield projects expected to produce 400,000 metric tonnes of sugar annually. This is one of Nigeria's boldest industrial pushes in decades to protect its economy and cut the massive foreign exchange drain from sugar …

By Esther Ososanya The Nigerian Navy dismantled more than 71 illegal refinery sites and seized over 411,000 litres of stolen crude oil in July 2025. These actions came under Operation Delta Sanity, its major anti-crude-theft mission across the Niger Delta. Launched in December 2024, the operation continues to yield strong results. The Navy intercepted smuggling …

By Esther Ososanya Corporate Accountability and Public Participation Africa (CAPPA) has criticised the Lagos State Government for admitting that many Lekki Peninsula residents may be drinking contaminated borehole water, calling the comment proof of years of failed governance. The group was reacting to remarks by Mahmood Adegbite, Permanent Secretary in the Office of Drainage Services …

By Esther Ososanya The controversy over Comfort Emmanson’s treatment aboard an Ibom Air flight has deepened as  The Network for the Actualisation of Social Growth and Viable Development, a Civil Society Organisation (CSO), has demanded a full investigation and offered her free legal support. The group’s head, Omoniyi Akingunola, condemned the incident, calling it “unfair, …

Enjoy Unlimited Digital Access

Read trusted, award-winning journalism.

Already a subscriber? Log in