Stanbic IBTC Capital, a leading investment banking and capital markets solutions provider, is pleased to have acted as Sole Financial Adviser to Tolaram (acting through N Seven Nigeria Limited) on its recently completed Mandatory Takeover Offer (“MTO”) to the minority shareholders of Guinness Nigeria PLC (“Guinness Nigeria”), undertaken to comply …
Read More »Nestlé Nigeria Collaborates with the Government to Drive Nationwide Water Quality Campaign
As part of ongoing efforts to ensure safer water for all Nigerians, Nestlé Nigeria is partnering with the Federal Ministry of Water Resources and Sanitation to launch a National Water Quality Advocacy Campaign aimed at raising awareness, educating communities, and mobilizing multi-stakeholder action around water safety and sustainable water practices. …
Read More »EduFuture Conference 2025: Revolutionizing Education Through Innovation
The stage is set for the highly anticipated second edition of the groundbreaking Edufuture Conference 2025, a premier gathering of Africa’s brightest minds in education, technology, and policy-making. The conference will be held at Vibranium Valley, 42 Local Airport Road, Ikeja, Lagos, commencing at 10 AM on July 10, 2025, bringing together policymakers, EdTech …
Read More »Nigerian Stock Market on fire: Investors pocket ₦212 billion in one day
The Nigerian stock market continued its positive momentum on Wednesday, recording a gain of ₦212 billion, marking the third consecutive bullish session of the week. Market capitalisation rose by 0.28 per cent, closing at ₦76.970 trillion compared to ₦76.758 trillion on Tuesday. Similarly, the All-Share Index (ASI) increased by 335.74 …
Read More »AFEX Commodities Exchange’s bank accounts frozen over N17.8bn debt
The Federal High Court in Lagos has ordered the freezing of all bank accounts operated by Afex Commodities Exchange Limited across 60 Nigerian banks over an alleged N17.8 billion debt owed to Guaranty Trust Bank (GTBank). The ruling made by Justice Chukwujekwu Aneke followed an ex parte application filed on …
Read More »Court awards £1m damages against Union Bank over ‘illegal’ £130.7m deduction from NICON’s account
Union Bank of Nigeria is currently entangled in a legal battle after a Lagos State High Court nullified its deduction of £130,720,557.06 from the account of NICON Investment Limited over an alleged debt. Justice O. O. Abike-Fadipe nullified the bank’s action on the grounds that the deduction was made without …
Read More »WAFCON 2025: Determined Super Falcons lock horns with Botswana in title chase
Nigeria’s Super Falcons are aiming for another victory today as they face Botswana in Casablanca, in their second group match of the 2025 Women’s Africa Cup of Nations (WAFCON). A win would secure an early place in the quarterfinals for the nine-time champions. The Falcons made a strong start to …
Read More »Eyewitness truck driver accuses police of cover-up in Diogo Jota’s crash death
A truck driver who witnessed the fatal crash that killed Liverpool star Diogo Jota and his brother, Andre Silva, has accused the Spanish police of twisting the facts. According to Daily Mail, the driver, Jose Azevedo, who recorded the first video of the burning Lamborghini Huracan, insists the car was …
Read More »From Glo comes 3 exciting digital products
Three innovative digital services have been launched by Globacom, Nigeria’s digital solutions and tech company. The products are aimed at rewarding, educating, and entertaining its customers. The new products—Animation World Promo, Sport Brain, and Treasure Spin—offer users dynamic experiences with chances to earn immediate rewards and come with content tailored …
Read More »Dangote Refinery reduces fuel price again, ex-depot price now N820 per litre
Dangote Refinery has again within a week interval reduced its ex-depot the price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately. It would be recalled that the company last week reduced its ex-depot price from N880 to N840 per litre. …
Read More »
DailyrecordNg …Nigeria's hottest news blog