Emirates Group today released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels. This outstanding performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most …
Read More »Electricity Company AEDC Announces Blackout In Abuja, Outskirts
In a statement on its X handle on Friday, the AEDC blamed technical faults for the development. The Abuja Electricity Distribution Company (AEDC) has announced a blackout in parts of Abuja and its outskirts. In a statement on its X handle on Friday, the AEDC blamed technical faults for the …
Read More »Supreme Court Overturns Lagos-based Socialite Fred Ajudua’s Bail, Remands Him In Prison
The Supreme Court therefore ordered his immediate return to prison and instructed the trial judge, Justice Mojisola Dada of the Lagos State High Court, to resume proceedings in the case. The Supreme Court of Nigeria has overturned the bail granted to a Lagos-based businessman and former socialite Fred Ajudua by …
Read More »Lagos to bring bring down buildings in GRA, Ikoyi, Banana Island
The Lagos State Government will begin enforcing building regulations in Ikeja GRA this weekend. Demolition of illegal structures is scheduled to start on Saturday. Mr Gbolahan Oki, Permanent Secretary at the Lagos State Building Control Agency (LASBCA), made this known during a meeting with developers and residents of Ikeja GRA. …
Read More »Loan Controversy: Court adjourns Otudeko, others’ case to June 11
A Federal High Court sitting in Lagos has adjourned the N12.3 billion loan controversy case involving the Chairman of Honeywell Group, Oba Otudeko, and three others, to June 11, 2025. Justice Chukwujekwu Aneke postponed the case to allow time for either a peaceful settlement or the formal arraignment of the …
Read More »2024: Operational efficiency, strategic initiatives behind NASCON’s impressive performance
…as Shareholders approve N2 Per Share Dividend NASCON Allied Industries Plc, has reaffirmed its dedication to driving growth through innovation, enhancing operational efficiency, and creating value for shareholders. This commitment was emphasized during the company’s 2024 Annual General Meeting, held in Lagos. During the meeting, shareholders approved a dividend payout …
Read More »STANBIC IBTC IMPACTS OVER 5,000 LIVES THROUGH NATIONWIDE MALARIA INITIATIVE
In commemoration of World Malaria Day 2025, Stanbic IBTC has launched a bold, multi-state initiative to curb the spread of malaria, Nigeria’s most prevalent vector-borne disease. The outreach, which began on 25 April – World Malaria Day, in Nchatancha, Enugu East Local Government Area (LGA), continued on 28 April in …
Read More »Yemisi Shyllon Museum of Art and Toledo Museum of Art Launch Historic Cultural Exchange to Boost Museum Expertise and Global Access
Museums unite across continents to share expertise, foster cultural exchange and expand global access to African Art Lagos, Nigeria / Ohio, United States – In a landmark move that sets a new precedent for international cultural collaboration, the Yemisi Shyllon Museum of Art (YSMA) in Nigeria and the Toledo Museum …
Read More »Dangote Packaging increases Output, Eyes African Export Boom
Dangote Packaging Limited (DPL) has announced plans to expand into the African export market, following a production capacity boost facilitated by new machinery being commissioned in the two manufacturing plants. Chairman of DPL’s Board of Directors, Mr Robert Ade-Odiachi, disclosed the development during a strategic board meeting held on last …
Read More »7 Things You Need to Know About Dr. Charles Akindiji Akinola, the Newly Nominated Managing Director of SWDC
1. A Seasoned Public Policy Advisor and Development Strategist Dr. Akinola has over 30 years of experience in public service, international development, and strategic governance, specializing in agricultural development, sustainable economic growth, and policy implementation across Nigeria and West Africa. 2. Holds Prestigious Academic Credentials from Global Institutions. He earned …
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