Author: Ifetayo Adeniyi

BUA Cement Plc Shareholders of BUA Cement Plc have officially approved a final dividend of N10 per ordinary share for the 2025 financial year, translating to a total cash payout of N338.64 billion to eligible investors. The approval was granted at the company’s 10th Annual General Meeting held on Thursday at the Transcorp Hilton Abuja, where the company also announced plans to increase its production capacity to 23 million metric tonnes per annum by the end of next year. Speaking at the AGM, Chairman of the Board of Directors, Abdul Samad Rabiu, said the company delivered a strong financial performance…

Temi in pregnancy Couple Temi Otedola And Mr Eazi Spark Excitement At Expectation Of First Child Popular Nigerian actress and fashion influencer, Temi Otedola, and her husband, Afrobeats superstar Oluwatosin Ajibade, widely known as Mr Eazi, are expecting their first child together. The couple shared the news via a collaborative social media update, sharing a series of maternity photographs showcasing Temi’s visible baby bump. In the pictures, the expectant mother is seen wearing a white maternity outfit during a serene indoor and outdoor photoshoot, with one frame featuring Mr Eazi affectionately holding her. The announcement has since sparked widespread excitement…

META … about 14 million Nigerian small and medium enterprises (SMEs) used Meta’s applications in 2025 Nigeria’s digital economy received a major boost as a new independent report revealed that Meta’s platforms currently contribute an estimated $820 million annually to the country’s economy, while artificial intelligence (AI) could add as much as $22 billion to Nigeria’s Gross Domestic Product (GDP) by 2035. The report titled “Nigeria’s Digital Economy,” conducted by research firm Public First, stated that Meta’s ecosystem including Facebook, Instagram, WhatsApp, Messenger, Threads and Meta AI has become critical digital infrastructure supporting entrepreneurship, business growth and online connectivity across…

Manny Ita  – Billionaire investor Femi Otedola has disclosed plans to invest about $100 million in the upcoming initial public offering (IPO) of the Dangote Petroleum Refinery, signaling renewed confidence in the project’s long-term prospects. Otedola made the disclosure during a visit to the refinery complex in Ibeju-Lekki, Lagos, alongside the board and executives of First HoldCo Plc. He noted that the planned investment aligns with his broader shift in strategy, which includes divesting from Geregu Power Plc to focus on the refinery opportunity. According to him, the Dangote Refinery represents a major industrial milestone for Nigeria and Africa, praising…

Manny Ita  – Airbnb has announced a major expansion of its platform, introducing new services that go beyond short-term home rentals as it responds to growing regulatory pressure in several countries. The company said it will now include boutique and independent hotel listings, car rental services, airport and train transfers, luggage storage, and grocery delivery in its app, aiming to position itself as a comprehensive travel platform. In some US cities, grocery delivery will be powered through Instacart, while other services will be available across multiple global locations. The move comes as Airbnb, Inc. faces stricter restrictions on short-term rentals…

President Bola Tinubu. Photo: State House “I have had to describe Nigeria as a republic of liars,” Soyinka said, adding that “This is one instance where I will say the nation is redeemed from that reputation of permanent lying.” President Bola Tinubu, Nobel laureate Prof Wole Soyinka, and the Olubadan of Ibadanland, Oba Rashidi Ladoja, on Wednesday, relived memories of Nigeria’s pro-democracy struggle at the unveiling of a book written by General Secretary, National Democratic Coalition, Ayo Opadokun. The book, titled “The NADECO story,” was unveiled at the Shell Hall of the MUSON Centre, Onikan, Lagos. The event featured a…

Manny Ita  – Headline Norwegian Journalist Claims Meta Suspended Her Accounts After Press Freedom Confrontation With Modi Paraphrase A Norwegian journalist has alleged that her Instagram and Facebook accounts were suspended shortly after she publicly questioned Indian Prime Minister Narendra Modi on press freedom during his visit to Oslo. Helle Lyng, a reporter with Dagsavisen, said she was locked out of both Meta-owned platforms following the widespread attention her exchange with Mr Modi and Indian officials received online. She made the claim on X, stating that she had been unable to access her accounts and would now be delayed in…

Manny Ita  – Nigeria’s tax revenue rose to ₦7.44 trillion in the first quarter of 2026, but the figure still fell short of the government’s target by ₦2.24 trillion, achieving about 76.87% of the expected performance. According to data from the Nigeria Revenue Service (NRS), the shortfall was largely driven by weaker-than-expected collections from non-oil tax sources. Companies Income Tax, Capital Gains Tax, and Stamp Duties all performed below target, contributing significantly to the revenue gap. Petroleum royalties also underperformed, falling well below projections. However, not all revenue streams declined. Oil-related taxes, particularly Petroleum Profits Tax and Hydrocarbon Tax, exceeded…

Kanu Nwankwo; Arsène Wenger. Twitter image Former Super Eagles captain Kanu Nwankwo joined in the celebrations after his former club Arsenal ended their 22-year wait for the English Premier League title on Tuesday. Arsenal’s success in the 2025/26 season was confirmed on Tuesday night following Manchester City’s 1-1 draw at Bournemouth. Holding a two-point lead over Manchester City after their penultimate game of the season on Monday, Arsenal were primed to be confirmed champions if the Citizens dropped points in their Matchday 37 fixture against Bournemouth. As a result, Mikel Arteta’s men go into the final game of the season…

Manny Ita  – Headline: Fubara Withdraws From Rivers APC Governorship Primaries, Cites Peace and Unity Paraphrase: Siminalayi Fubara has pulled out of the All Progressives Congress (APC) governorship primaries ahead of the 2027 Rivers State election, saying his decision was driven by the need to preserve peace, stability, and unity in the state. In a statement he personally signed and sent to journalists, Fubara explained that the move followed deep reflection and consultations with family members, political associates, and supporters. He stressed that leadership sometimes requires personal ambition to be set aside for the broader interest of the people. The…