A British lawyer, Seamus Andrew, has lost his bid to overturn findings of misconduct in connection with a high-profile legal dispute involving Nigeria and the British Virgin Islands-based company, Process & Industrial Developments (P&ID). Andrew had been a legal representative for P&ID during a lengthy arbitration case against Nigeria, which initially awarded the company $11 […]
The Nigerian Meteorological Agency has predicted thunderstorms and rain from Wednesday to Friday across the country. NiMet’s weather outlook released on Tuesday in Abuja envisaged early morning thunderstorms on Wednesday over parts of Taraba, Kaduna and Adamawa in the northern region. It anticipated thunderstorms with rain over parts of Kebbi, Taraba, Zamfara, Katsina, Kaduna, Kano, […]
More than 50 people detained during anti-government protests in Togo last week have been released, while others remain in custody, the public prosecutor said. Dozens of protesters were dispersed with tear gas overnight from June 5 to 6 in several parts of the capital, Lome, including near the presidential palace. They had gathered in response […]
The President of the Dangote Group and founder of the Dangote Petroleum Refinery, Aliko Dangote, says there will be an announcement of what he calls a major ‘shakedown’ in the entire country soon. Dangote said this was not about price reduction, but the complete overhaul of the downstream sector. He stated this in an interview […]
Manchester City boss Pep Guardiola said he is “so scared” by the “painful” war in Gaza as he delivered an emotional speech. It is 20 months since Israel launched a military campaign in Gaza in response to the unprecedented Hamas-led cross-border attack on Israel on 7 October 2023, in which about 1,200 people were killed […]
Russia has announced plans to significantly scale up its educational engagement with Nigeria and other African countries, with a long-term target of hosting 500,000 international students in Russian universities. This was disclosed by the Russian Ambassador to Nigeria, Andrey Podelyshev, during a press briefing held in Abuja on Monday evening. Ambassador Podelyshev revealed that Russian […]
Stocks mostly rose on Tuesday as the latest round of China-US trade talks entered its second day. One of Donald Trump’s top advisers said he expected “a big, strong handshake.” There is optimism that the negotiations, which come after the US president spoke to Chinese counterpart Xi Jinping last week, will bring some much-needed calm […]
The prolonged power tussle for the control of Nigeria’s premier financial institution, First Holdco Plc, the parent company of First Bank of Nigeria, may be close to a final resolution, with major stakeholders Oba Otudeko and the Leadway Assurance/Olukayode Odukale bloc close to exiting their interests in the group. Sources close to the deal disclosed […]
Roman Abramovich, the former owner of Chelsea FC, has publicly stated that he has no interest in owning or taking a professional role at any football club again. This marks his first public comment on the matter since selling Chelsea in May 2022. Abramovich, who bought Chelsea in 2003 for a reported £140 million, sold […]
Portuguese superstar Cristiano Ronaldo seems set to remain with Saudi Arabian club Al-Nassr. The 40-year-old forward is out of contract at the end of this month and although sources have told BBC Sport that they are confident of extending his deal, there has still been speculation over his future. The former Real Madrid, Juventus and […]
Victor Osimhen has turned down a lucrative offer to join Saudi Arabian side Al-Hilal, reportedly opening the door to a potential move to Manchester United this summer. According to sources familiar with the negotiations, the Saudi Pro League club met Osimhen’s €75 million (£63.2 million) release clause — a figure valid for non-Serie A teams […]
Electricity distribution companies recorded a shortfall of over N202bn in their revenue collections for the first quarter of 2025, despite a rise in electricity billing across the country, an analysis of official industry data by The PUNCH has shown. This was as data revealed that electricity billing by distribution companies increased by 106.68 per cent […]