September 23, 2025

Blog

Business

Nexamont Buys 21.4% Stake in Royal Exchange Plc for ₦3.6 Billion

Lagos, Nigeria | September 22, 2025 Investment company Nexamont Limited has acquired a 21.4% equity stake in insurance and financial services group, Royal Exchange Plc, in a deal valued at ₦3.6 billion, marking a significant shift in the firm’s ownership structure. The transaction, which was finalized on the Nigerian Exchange (NGX), saw Nexamont purchase 2.79

Read More
Sport

La Liga: Barcelona Cruise Past Getafe as Atletico Held by Mallorca

Spain | September 22, 2025 Barcelona maintained their fine start to the La Liga campaign with a convincing victory over Getafe, while Atletico Madrid were forced to settle for a draw against Mallorca on Sunday. At the Estadi Olímpic Lluís Companys, Barcelona produced a dominant display, controlling possession and creating numerous chances to comfortably dispatch

Read More
General

Lagos Tourism Commissioner Declares Open Travelpreneur Conference & Expo 2025

Lagos, Nigeria | September 22, 2025 The Lagos State Commissioner for Tourism, Arts and Culture, Mrs. Toke Benson-Awoyinka, has officially declared open the Travelpreneur Conference and Expo 2025, describing the platform as a catalyst for innovation and growth in Nigeria’s tourism and travel industry. The event, which commenced in Lagos on Sunday, brought together stakeholders

Read More
General

Lagos Government Makes Reflective Jackets Compulsory for Courier Riders on Night Operations

Lagos, Nigeria | September 22, 2025 The Lagos State Government has directed all courier and logistics companies operating within the state to ensure that their riders wear reflective jackets when making deliveries at night. The directive, announced on Sunday by the Lagos State Ministry of Transportation, is aimed at improving road safety, reducing accidents, and

Read More
Business Finance

CPPE Urges CBN to Cut Policy Rates, Ease Credit Access for SMEs

Lagos, Nigeria | September 22, 2025 The Centre for the Promotion of Private Enterprise (CPPE) has called on the Central Bank of Nigeria (CBN) to review and ease its current tight monetary policy, stressing that high interest rates are stifling growth and limiting access to credit for Small and Medium Enterprises (SMEs). In a statement

Read More
EFCC General

FG Revokes 1,263 Mineral Licences, Defaulters Referred to EFCC

Abuja, Nigeria | September 22, 2025 The Federal Government has revoked 1,263 mineral licences belonging to operators who failed to comply with Nigeria’s mining regulations, warning that defaulters will face prosecution by the Economic and Financial Crimes Commission (EFCC). Minister of Solid Minerals Development, Dr. Dele Alake, made the announcement on Sunday in Abuja, stating

Read More
General

PETROAN Urges Federal Government to Seek Foreign Partnership for Port Harcourt Refinery Management

Port Harcourt, Nigeria | September 22, 2025 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has called on the Federal Government to engage reputable foreign firms in the management of the Port Harcourt Refinery, stressing that such a move is crucial to ensuring transparency, efficiency, and sustainability in the facility’s operations. Speaking with

Read More
General

MTN Confirms Service Disruption in Parts of Lagos

Lagos, Nigeria | September 22, 2025 Telecommunications giant MTN Nigeria has confirmed that some of its subscribers in Lagos experienced a network outage on Sunday, September 21, 2025, disrupting voice and data services across parts of the state. In a statement issued by the company’s Corporate Communications Unit, MTN attributed the disruption to a technical

Read More
General

Saudi Arabia Welcomes Recognition of Palestine by UK, Australia, Canada, and Portugal

Riyadh, Saudi Arabia | September 22, 2025 The Kingdom of Saudi Arabia has welcomed the decision by the United Kingdom, Australia, Canada, and Portugal to formally recognise the State of Palestine, describing it as a significant step towards advancing peace in the Middle East. In a statement issued on Sunday, the Saudi Ministry of Foreign

Read More
General

Nigeria to be Represented by Vice President at 80th UN General Assembly

Abuja, Nigeria | September 20, 2025 Vice President Kashim Shettima will represent Nigeria at the 80th Session of the United Nations General Assembly in New York, following a directive from President Bola Ahmed Tinubu. The high-level session is scheduled to hold from September 22 to 28, 2025 at the UN Headquarters in New York. Vice

Read More