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Eterna Plc said it has received the Securities and Exchange Commission's (SEC) approval to proceed with its ₦21.52 billion Rights Issue of 978,108,485 ordinary shares of ₦0.50 each at ₦22.00 per share. The disclosure was made in a statement issued on Monday by the Company Secretary, David Edet, and sent to shareholders and the Nigerian …

Eterna Plc

The Nigerian Civil Aviation Authority (NCAA) has facilitated the airlifting of 189 passengers who were stranded at the Nnamdi Azikiwe International Airport in Abuja for nearly 48 hours. The passengers who had boarded a Saudi Airlines en route to Kano were stranded in Abuja due to bad weather. The crisis began on Saturday, January 10, …

NCAA Facilitates Airlifting of 189 Passengers Stranded in Abuja to Kano

Here are key economic events to watch this week, from January 12 to 16, 2026, in Nigeria and around the world. 12th National Economic Outlook Conference Nigeria’s key economic event for the week of January 12–16, 2026, is the 12th National Economic Outlook Conference. It is organised by the Chartered Institute of Bankers of Nigeria …

The Presidential Fiscal Policy and Tax Reforms Committee has rejected most of the observations made by KPMG on Nigeria’s newly enacted tax laws, describing the advisory firm’s conclusions as largely flawed and based on misinterpretation. The committee, chaired by renowned tax expert Taiwo Oyedele, conveyed its position in a response issued on Saturday to KPMG’s …

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 …

President Donald Trump on Friday, January 9, met with executives from U.S. energy companies, including ExxonMobil, Chevron, and ConocoPhillips, to discuss a potential $100 billion investment in Venezuela’s oil and gas sector. The meeting followed the capture of Nicolás Maduro on January 3, 2026, by the U.S. special military force. According to a CBS News …

Nigeria, 23 Other Countries Affected as Trump Expands U.S. Entry Restrictions

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