The Dangote Refinery has secured a $1 billion underwriting programme as it prepares for a planned Initial Public Offering, bringing one of Nigeria’s biggest corporate projects another step closer to the public market. The programme includes a $600 million private placement that has already been funded, alongside another $400 million underwriting commitment that will support…
The latest escalation between Iran and the United States is creating a new problem for Gulf countries: staying out of the war may no longer be enough to keep them safe. Iranian armed forces have warned Gulf states against providing any assistance to the US military, saying that allowing American forces to use their territory,…
Nigeria’s drug problem is becoming harder to ignore. In just a few days, the National Drug Law Enforcement Agency, NDLEA, has announced a series of major operations involving cocaine, cannabis, opioids and other illicit substances across the country. The cases involve a social media influencer, a businessman who allegedly sold his legitimate business to finance…
Real Madrid may be starting the new season with a center-back partnership that tells us more about José Mourinho’s plans than simply who is fit enough to play. Dean Huijsen and Ibrahima Konaté are emerging as the leading pair for the opening games, with Antonio Rüdiger potentially starting on the bench. The combination is especially…
The latest US-Iran confrontation is no longer just about Tehran and Washington. It is now putting Oman, one of the region’s key diplomatic intermediaries, directly in the middle of the crisis. President Donald Trump has threatened military action against Oman if it interferes with US efforts to reach an agreement over the Strait of Hormuz….
Nollywood actress and African Action Congress governorship candidate Doris Ogala has made one of the boldest declarations yet ahead of the 2027 Abia governorship election. Appearing on the Clarity Zone podcast hosted by Nedu Wazobia, Ogala said she is certain she will become the next governor of Abia State because she believes her political ambition…
Manchester United are making one thing clear as the transfer window enters its final weeks: Bruno Fernandes is not for sale. The club has opened talks with its captain over a new contract, with negotiations covering the length of the deal, his salary and the €65 million release clause attached to his current agreement. United…
Veteran Yoruba actor Taiwo Hassan, popularly known as Ogogo, is battling stage 4 cancer, with his daughters making an emotional appeal for doctors, hospitals and cancer specialists who may be able to offer further treatment options. The actor’s daughters, Kira and Haleemah, disclosed his condition in separate emotional videos shared on Instagram. They said several…
Nigeria’s monthly federal allocations have entered territory that would have seemed almost impossible a few years ago. Federation Account Allocation Committee, FAAC, distributions are now averaging more than ₦2 trillion per month, with the highest monthly distribution reaching about ₦2.8 trillion. The increase has been driven largely by changes in fuel subsidy policy, foreign exchange…
President Donald Trump has ordered the Pentagon to substantially reduce joint military exercises with South Korea, saying the drills are expensive and send an unnecessarily hostile message to North Korea. But the most interesting part of the decision may be what it means for South Korea itself. Rather than simply weakening Seoul, Trump’s move could…
