2 h. ago Senate probes Lafarge Africa’s 83.8% share divestment, BPE assures 16.19% public stake intact

From Adesuwa Tsan, Abuja The Senate Committee on Capital Market has summoned Lafarge Africa Plc to address concerns over its proposed divestment of an 83.8% majority stake in the cement company. The Bureau of Public Enterprises (BPE) has assured investors that the 16.19% shareholding held by the Nigerian public remains unaffected. The probe, initiated following […] The post Senate probes Lafarge Africa’s 83.8% share divestment, BPE assures 16.19% public stake intact appeared first on The Sun Nigeria.

Politics

2 h. ago Senate Summons Lafarge Africa Over Planned Divestment Of 83.8% Shares

The Senate, through its Committee on Capital Market, on Wednesday summoned Lafarge Africa Plc over the planned divestment of the 83.8% majority shares it controls in the cement industry. This comes as the Bureau of Public Enterprises (BPE) assured the Senate that the 16.19% shares held by Nigerian investors in Lafarge remain intact. Before issuing […]

Politics

3 h. ago Wale Edun leads FG meeting with HDMI concessionaires to unlock N1.5trn road infrastructure investment

Wale Edun, Minister of Finance and the coordinating minister of the economy on Wednesday led a meeting with concessionaires under read more Wale Edun leads FG meeting with HDMI concessionaires to unlock N1.5trn road infrastructure investment

Politics

4 h. ago Edo revokes appointments of three traditional rulers, reinstates Danesi

From Tony Osauzo, Benin The Edo State Executive Council has revoked the appointments of three traditional rulers and reinstated one. The decisions, announced by Secretary to the State Government Umar Musa Ikhilor, Esq., affect rulers in Etsako West and Etsako East Local Government Areas (LGAs). The council revoked Umoru Inusa Umoru’s appointment as Aidenogie of […] The post Edo revokes appointments of three traditional rulers, reinstates Danesi appeared first on The Sun Nigeria.

Politics

5 h. ago CBEX: Foreigner declared wanted by EFCC over investment fraud

A foreign national named Elie Bitar has been declared wanted by the Economic and Financial Crimes Commission (EFCC) for his alleged involvement in a cryptocurrency fraud linked to the online trading platform, Crypto Bridge Exchange (CBEX). The development is contained in an official bulletin issued by EFCC, wherein Bitar, 41, is accused of defrauding multiple […] The post CBEX: Foreigner declared wanted by EFCC over investment fraud appeared first on The Sun Nigeria.

Politics

5 h. ago Warri wards delineation: Ijaw and Urhobo leaders call for thorough probe into arms smuggling by British army officer, others

From Joe Obukata Ogbodu, Warri Leaders representing the Ijaw and Urhobo communities in Warri, Delta State, yesterday, urged the Department of State Security Services (DSS) and the Office of the National Security Adviser to conduct a thorough and transparent investigation into the recent arrest of some persons, including a serving British Army officer, suspected of […] The post Warri wards delineation: Ijaw and Urhobo leaders call for thorough probe into arms smuggling by British army officer, others appeared first on The Sun Nigeria.

Events

7 h. ago Customs Seizes N921bn Drones, Fake Drugs, Others At Lagos Port

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, on Tuesday, announced the seizure of drones, fake, expired and unregistered pharmaceuticals at the Apapa Port in Lagos. The contraband valued at over N921 billion also includes expired food items and other controlled security equipment such as drones and walkie-talkies, among others. Details of the […]

Politics

8 h. ago Tinubu hails Dangote’s appointment into World Bank investment lab

President Bola Tinubu has described Aliko Dangote’s appointment to the World Bank’s Private Sector Investment Lab, as “apt”, given his read more Tinubu hails Dangote’s appointment into World Bank investment lab

Politics

8 h. ago Lagos to launch waterways taxi services, introduce 70 electric ferries by Q3 2025

By Lukman Olabiyi In a major push to modernize and expand its transportation infrastructure, the Lagos State Government has announced plans to commence operations of waterway taxi services and deploy 70 electric ferries by the third quarter of 2025. The initiative is part of the broader “Omi Eko” project aimed at transforming Lagos’ inland waterways […] The post Lagos to launch waterways taxi services, introduce 70 electric ferries by Q3 2025 appeared first on The Sun Nigeria.

Politics

9 h. ago Tinubu congratulates Dangote on World Bank appointment, hails his transformative impact

From Juliana Taiwo-Obalonye, Abuja President Bola Tinubu has congratulated President of the Dangote Group, Aliko Dangote, on his recent appointment to the World Bank’s Private Sector Investment Lab, describing the recognition as well-deserved and timely. The lab is a high-level advisory body focused on promoting private investment and job creation in emerging economies. In a […] The post Tinubu congratulates Dangote on World Bank appointment, hails his transformative impact appeared first on The Sun Nigeria.

Politics

11 h. ago FGN bond demand declines as inflation raises rate hike concerns

The Debt Management Office (DMO) faced less enthusiasm from investors at its April FGN bond auction, with total bids less read more FGN bond demand declines as inflation raises rate hike concerns

Politics

11 h. ago Tinubu Hails Dangote’s Appointment To World Bank Investment Lab

President Bola Tinubu has congratulated the President of Dangote Group, Alhaji Aliko Dangote, on his appointment to the World Bank’s Private Sector Investment Lab, a body tasked with promoting investment and job creation in emerging economies. The President in a statement by his spokesman, Bayo Onanuga, described the appointment as apt, given Dangote’s rich private […]

Politics

11 h. ago Olamide Teams Up With Wizkid On New Single ‘Kai’, Announces 11th Album Release Date

Award-winning Nigerian rapper Olamide has released a new single titled ‘Kai’, featuring Grammy-winning artist Wizkid. The YBNL boss dropped the eagerly awaited track on streaming platforms on Tuesday. On ‘Kai’, Olamide showcased his trademark fusion of Yoruba and English lyrics, while Wizkid enhances the track with his silky vocals and captivating rhythm. READ MORE: Shallipopi […] The post Olamide Teams Up With Wizkid On New Single ‘Kai’, Announces 11th Album Release Date appeared first on Information Nigeria.

Politics

12 h. ago JustMarkets Launches Improved IB Program Focused on Transparency and Unlimited Growth

Global broker JustMarkets announces the official launch of its updated Introducing Broker (IB) program, which is designed to provide partners read more JustMarkets Launches Improved IB Program Focused on Transparency and Unlimited Growth

Politics

13 h. ago Makinde Makes Case For Increased Investment In ICT, Artificial Intelligence

Oyo State governor, Seyi Makinde, has stressed the need for Nigeria to look beyond crude oil to embracing more investment in information technology and artificial intelligence as pathways to the future. In order to create lasting prosperity, Governor Makinde also charged Nigerian leaders to look after the people by investing more in education and entrepreneurship […]

Politics

14 h. ago Public Sector Deficit Biggest Threat To $1trn Economy Goal – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Organised Private Sector of Nigeria (OPSN) have warned that Nigeria’s growing public sector deficit poses the most significant threat to achieving the federal government’s $1 trillion economy target by 2030. Recall that the 2025 budget deficit, estimated at over N13 trillion […]

Politics

15 h. ago Lafarge Africa Shareholders Approve N19.33bn Final Dividend For 2024

Shareholders of Lafarge Africa Plc have approved N19.33 billion final dividend, representing N1.20 per share for the year ended December 31, 2024 They gave their approval at the Company 66th Annual General Meeting (AGM) held in Lagos. In the 2024 financial result, Lafarge Africa announced a remarkable revenue of N696.76 billion for the 2024 financial […]

Politics

15 h. ago Investors Advocate Increased Capital In Critical Sectors To Drive Economic Growth

The African Private Capital Association (AVCA) has emphasised the need for increased capital deployment in essential sectors to stimulate economic growth and development. This call was made during the ongoing 21st Annual Africa Venture Capital Association Conference in Lagos, themed “Bold Moves: Powering 10x in Africa,” which runs from April 28 to May 2, 2025. […]

Economics

16 h. ago Niger Partners Russian Varsity For Multibillion Naira Mining Investment

Niger State Governor Mohammed Umaru Bago has embarked on a strategic visit to St. Petersburg Mining University in Russia in a bid to establish a multibillion naira mining sector investment in the state. LEADERSHIP reports that the state has been a thriving place for illegal miners, including foreign mercenaries and youths who engaged in drugs. […]

Politics

16 h. ago 200 Women Benefit From Renewed Hope Initiative’s Agric Inputs In Niger

The Renewed Hope Initiative of the Wife of the President, Sen. Oluremi Tinubu has distributed critical agricultural inputs to 200 women and youths in Niger State. The items distributed included seedlings, fertiliser, pesticides, livestock feeds and other farming equipment to farmers and was flagged off by wife of the Niger State Governor Hajiya Fatima Bago. […]

Politics