Author: News Room
Aliko Dangote, president of Dangote Group, has said his refinery has attracted a swooping billion dollars in investment interest ahead of its planned Initial Public Offering in September 2026. He disclosed this during a recent visit by First HoldCo chairman Femi Otedola and the senior management of the financial institution to the 650,000-barrel-per-day refinery. According to him, huge demand from both institutions and private investors has exceeded its intended size of placement ahead of the refinery’s listing on the Nigerian Exchange Market. “We have a lot of demands in billions of dollars,” he said. “The advisers are still evaluating to…
The All Progressives Congress (APC) has unanimously endorsed Abba Kabir Yusuf as its consensus candidate for the forthcoming governorship election, in a move party leaders described as a major step towards consolidating unity within the party. The endorsement was announced during a large-scale party congress held at the Sani Abacha Stadium, where thousands of party supporters, delegates and political stakeholders from across the state gathered to reaffirm their support for the governor’s administration. The event attracted several prominent figures within the APC, including members of the National Assembly, party executives and influential political leaders, reflecting the significance attached to the…
The Economic and Financial Crimes Commission, EFCC, Uyo Zonal Directorate, on Wednesday, May 20, 2026, secured the conviction and sentence of two internet fraudsters before Justice Rosemary Oghoghorie of the Federal High Court sitting in Calabar. The Head, Media and Publicity of the EFCC, Dele Oyewale, who disclosed this in a statement on Thursday, said the convicts pleaded guilty to two-count separate charges preferred against them by the commission. He said one of the charges read: “That you, IKE EUSTA-PRINCE EZIOMUME ‘M’, sometime between 2024 and 2026 within the jurisdiction of this Honourable Court, did take possession and control of…
Arsenal legend, Paul Merson, has admitted that he is sad to see Manchester City manager Pep Guardiola leave England. Merson stated this in his column for Sportskeeda ahead of Manchester City’s final Premier League tie with Aston Villa on Sunday. Guardiola will leave Man City after their last game of the season against Aston Villa at the Etihad Stadium. The encounter will be his last as a manager of the club, ending his 10-year stay at the Premier League giants. “This will also be Pep Guardiola’s last game [Man City vs Aston Villa] for Manchester City. “He’s an absolute legend,…
England defender Harry Maguire said Thursday he was “shocked and gutted” to have been left out of Thomas Tuchel’s World Cup squad. The German coach will name his 26-man squad for the tournament in North America on Friday and began making calls to players the previous day. Manchester United’s Maguire was part of the England squad in March, having received his first call-up under Tuchel, but the 66-cap defender has confirmed he will not be going to the World Cup. The centre-back, 33, posted on social media: “I was confident I could (have) played a major part this summer for…
The Gombe State Police Command has recovered 119 rounds of 7.62mm AK-47 live ammunition concealed in a sack along Kalshingi Road in Kwadon, Yamaltu/Deba Local Government Area of the state. According to a statement issued on Thursday by the Police Public Relations Officer, DSP Buhari Abdullahi, the recovery followed credible information received by the Divisional Police Officer of Kwadon Division at about 10:30am on May 19, 2026. Abdullahi said the information indicated that a suspicious white sack had been hidden under a tree opposite a graveyard along the road. “Upon receipt of the information, the Divisional Police Officer promptly led…
The All Progressives Congress in Kano State on Thursday adopted Governor Abba Kabir Yusuf as the consensus Kano Governorship candidate ahead of 2027 general elections. The affirmation held at the Sani Abacha Stadium Kofar Mata witnessed large turnout of party supporters who defied a downpour in order to witness the grand event. Among the prominent personalities that attended the official affirmation included National Assembly members as well as top government functionaries. The chairman of the APC Governorship Primary Election Committee, Muntari Shagari declared that Abba Yusuf, having satisfied the Constitution, hereby affirmed and returned as the sole candidate for the…
Electricity distribution companies have faulted the Lagos State Government’s proposed plan to phase out electricity customer band classification, warning that the move could trigger consumer unrest, worsen market distortions, and lead to blackouts if implemented prematurely. Officials of the power firms, who spoke anonymously with The PUNCH due to the sensitivity of the matter, said the intention of the Lagos State Government was commendable but argued that the state must first guarantee a stable electricity supply across all areas before abolishing the banding structure introduced by the Nigerian Electricity Regulatory Commission in 2024. The criticism follows comments by the Lagos…
Stakeholders in Nigerian table tennis have again identified the challenges limiting the performance of the country’s players at global tournaments and highlighted ways to bridge the gap between Nigeria and the world’s top nations, The PUNCH reports. This comes on the heels of Nigeria’s below-par outing at the 2026 International Table Tennis Federation World Championship in London, where both the men’s and women’s teams failed to progress beyond the preliminary and group stages, respectively. While the men’s team, led by Quadri Aruna, managed wins against Saudi Arabia and South Africa in the group stage, they were eliminated by eternal rivals…
Afrobeats star Rema has teamed up with South Korean pop act LISA and Brazilian singer Anitta on Goals, the latest single off the Official FIFA World Cup 2026 Album. The track was released on Thursday via SALXCO UAM and Def Jam Recordings on all major streaming platforms, accompanied by an official music video. Produced by Grammy-winning producer Cirkut, the song draws from Afrobeats, K-pop and Latin pop. FIFA, in a statement, described the album as a unifying platform where music and sport intersect, connecting fans, communities and sounds from around the world. As the Official FIFA World Cup 2026™ Album…
