Author: News Room

IEI launches N17.5bn public offer after signing ceremony

International Energy Insurance Plc, a subsidiary of Norrenberger Financial Group, has announced the commencement of its N17.5 billion public offer, which opened on Wednesday and will close on 11 June. The company disclosed this in a statement issued on Wednesday, noting that the offer follows a formal signing ceremony held on 11 May at FF Millennium Tower in Lagos. According to the statement, the exercise marks a major milestone in the company’s recapitalisation drive and long-term growth strategy. “International Energy Insurance (IEI) Plc, a Norrenberger company, has announced the commencement of its ₦17,500,000,000 public offer, which opens today, 20 May…

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Remembering Lt. Gen. Ibrahim Attahiru, By Akin Olukiran

History is often kindest to leaders whose service transcends ambition and whose lives become symbols of duty that is larger than themselves. General Attahiru belonged unmistakably to that rare category. Rising from remarkably humble beginnings to the apex of the Nigerian Army’ leadership, his story embodied the triumph of resilience, discipline and providence over limitation. He represented hope to countless young Nigerians from disadvantaged backgrounds, demonstrating that greatness is not the exclusive preserve of the privileged. There are certain dates that history engraves upon the human conscience with indelible permanence. They become moments frozen in emotional amber. These are occasions…

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Kwam 1’s daughter, Damilola, wins APC Surulere 1 Primary

Damilola Ayinde-Marshall, daughter of Fuji music icon Wasiu Ayinde Marshall, has emerged as the All Progressives Congress (APC) candidate for Surulere Constituency II in the Lagos State House of Assembly ahead of the 2027 general elections. Ms Damilola secured victory in the APC primaries held in Lagos on Wednesday, following a process party sources described as consensus-driven, after several aspirants reportedly stepped down in her favour. Following her emergence, the legal practitioner and Senior Special Assistant to Lagos State Governor Babajide Sanwo-Olu on Tourism, Arts and Culture expressed gratitude to party leaders, delegates, supporters and residents of the constituency for…

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Troops arrest two suspected terrorists in Kogi

Troops of 12 Brigade, in collaboration with local vigilantes, have arrested two suspected terrorists during a fighting patrol in Ajaokuta Local Government Area of Kogi State. This was made known in a post on X by Zagazola Makama, a counter-insurgency and security expert in the Lake Chad region. Makama stated that the operation was conducted at about 9:00 a.m. on May 19 along the Eganyi–Atabatam–Epiri–Ebatoto–Idebe axis following sustained surveillance and patrol activities in the area. According to him, the troops reportedly carried out a coordinated sweep of the general area as part of ongoing efforts to curb criminal activities and…

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Subsidy removal was Tinubu’s first error in governance – SDP’s Adebayo

The Social Democratic Party, SDP, former presidential candidate, Adewole Adebayo, has said President Bola Tinubu’s early error was the removal of fuel subsidy. Adebayo explained that Tinubu made such an error because he does not understand economics. Tinubu had announced the removal of fuel subsidy during his presidential inauguration at the Eagles Square in Abuja in 2023. However, Adebayo said, “Fuel subsidy is one of the early errors Tinubu made; he doesn’t understand economics. “First and foremost, there was no subsidy to remove; what he was doing basically was fuel price increase because he didn’t have the fuel in the…

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NSCDC operatives, CBN security escorts clash in Awka over missing child

Operatives of the Nigeria Security and Civil Defence Corps, and private security operatives attached to the Central Bank of Nigeria, CBN, branch in Awka, Anambra State, were involved in an altercation at the Weather Head Estate in Awka, causing pandemonium among residents. Sources said the private security operatives led by the Chief Security Officer, CSO, of the CBN in Awka, confronted men of the NSCDC, who were in the estate on legitimate duty to rescue a missing child. DAILY POST gathered that the operatives of the NSCDC were at the estate after a petition to them over a four-year-old child…

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Akon eulogises Michael Jackson, says Nigerians are most intelligent people on earth

Senegalese-American singer, Akon has relished working with the late pop star Michael Jackson. Speaking in a recent episode of the We Need To Talk podcast, Akon described his collaboration with Jackson as the “proudest moment” of his career.  The ‘Oh Africa’ crooner further stated that he is “a child” compared to Michael Jackson.  “My photo with Michael Jackson is my most proudest photo. I was already a full blown celebrity at the point the photo was taken. But I am a child compared to this man (Michael Jackson). “I was so happy because I grew up looking up to him.…

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EPL: Bonuses Arsenal players will get for winning title revealed

Arsenal’s squad are set to receive significant financial rewards after winning the Premier League title for the first time in over 20 years. According to The Times, players will earn around £6,000 per appearance, along with additional payments from a bonus pool built up across the season through league and cup success. Some players could take home close to £250,000 in total bonuses, depending on appearances, with regular starters set to earn the most. David Raya and Martin Zubimendi are expected to be among the highest earners, while Bukayo Saka, Gabriel Magalhães, and William Saliba could also receive around £192,000…

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Schools must not become hunting grounds, YCE condemns Oyo abduction

The Yoruba Council of Elders, a pan-Yoruba socio-cultural organisation, has strongly condemned the coordinated abduction of pupils, students and teachers from Baptist Nursery and Primary School, Yawota; Community Grammar School, Esinele; and L.A. Primary School in Oriire Local Government Area of Oyo State on Friday, May 15, 2026. The socio-cultural organisation made the condemnation on Thursday in a statement issued and signed by its Secretary-General, Chief Oladipo Oyewole. The group described the attack on innocent children and their teachers as not just a crime against Oyo State, but also an assault on the conscience of Nigeria, the future of the…

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Kidnapped Ekiti LG Vice Chairman Rescued by Security

The kidnapped Vice Chairman of Ilejemeje Local Government Area of Ekiti State, Mrs Grace Ogunleye, has regained her freedom from her abductors. The Police Public Relations Officer, Ekiti State Command, Sunday Abutu, who made the disclosure in a statement in Ado Ekiti on Thursday, said that the council official was rescued unhurt. Sources, who said that Ogunleye was kidnapped on Wednesday along the Ipere–Iludun Ekiti Road, stated that her vehicle was later found abandoned while her whereabouts remained unknown, just as her mobile phone had also been switched off. The police spokesperson’s statement reads, “One Mrs Ogunleye Grace, the Vice…

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