Trump, Xi Agreed Strait Of Hormuz ‘Must Remain Open’ — White House
US President Donald Trump and his Chinese counterpart Xi Jinping held a “good” meeting on Thursday in which they agreed that the Strait of Hormuz “must remain open”, the White…
Dangote Turns Down NNPC Offer To Increase Stake In Refinery
The President of the Dangote Group, Alhaji Aliko Dangote, on Wednesday said that the group turned down requests by the Nigerian National Petroleum Company (NNPC) Limited to increase its stake…
SEC Raises Alarm Over Influx Of Ponzi Schemes On Social Media, Warns Public
The Securities and Exchange Commission (SEC) has cautioned the public against increasing promotion of unregistered online investment schemes on social media applications and websites, including WhatsApp, Instagram, Telegram, Facebook, TikTok,…
Madonna, Shakira, BTS To Headline First World Cup Final Half-Time Show
Madonna, Shakira, and K-pop megastars BTS will headline a Super Bowl-style half-time show at the World Cup final on July 19 at MetLife Stadium in New Jersey, FIFA said Thursday.…
Nigeria’s Reliance On Local Crude Supplies Booms, Imports Fell In April
Nigeria’s crude oil imports for domestic refining dropped in April 2026, as the country also recorded a drop in crude oil importation, according to the latest data from the Nigerian…
Otedola Acquires Additional N43bn FirstHoldCo Shares
The Chairman of First HoldCo Plc, Femi Otedola, acquired additional shares of the company on Wednesday, valued at approximately N43.41 billion. The transaction was disclosed in a regulatory filing submitted…
EV Overhaul Drags Honda To First Operating Loss Since 1957
Honda announced Thursday its first operating loss since 1957 after a major overhaul of its electric-vehicle strategy in the United States. Japan’s number two automaker after Toyota said that its…
India Bars Sugar Exports Until September
India, one of the world’s largest sugar producers, has banned exports of the key commodity until the end of September to ensure enough domestic supplies and prevent prices from rising.…
Iran War, Oil Top Agenda As BRICS Meet In India
BRICS foreign ministers, including those from Iran and Russia, met in New Delhi on Thursday, where India warned of “considerable flux” with conflict driving economic uncertainty and energy insecurity. The…
Kwara: Court Jails Pastor For Life For Sexual Assault Of Three Minors, Forced Abortion
The Kwara State High Court sitting in Ilorin has convicted and sentenced Prophet Ajiboye Olayinka to life Imprisonment for having unlawful sexual intercourse with three minor congregants inside the mission…