Author: Ifetayo Adeniyi

BUA Group logo. Photo: BUA BUA Foods Plc recorded a profit after tax of N292.27bn for the first half of 2026 despite a 16 per cent decline in revenue, as improved operational efficiency, lower finance costs and disciplined cost management boosted profitability. The company disclosed this in a statement issued on Thursday alongside its unaudited financial results for the six months ended June 30, 2026. According to the statement, profit after tax rose by 12 per cent from N260.10bn recorded in the corresponding period of 2025 to N292.27bn, while profit before tax increased by 14 per cent to N314.90bn from…

The Nigerian Ports Authority (NPA) has projected double-digit growth in cargo throughput and revenue following BUA Group’s $85 million investment in the expansion of its Port Harcourt terminal, a project expected to significantly increase import capacity and strengthen Nigeria’s eastern port corridor. The managing director of the NPA, Dr Abubakar Dantsoho, made the projection during a meeting with the chairman of BUA Group, Abdul Samad Rabiu, at the Authority’s headquarters in Lagos, where the industrial conglomerate briefed the NPA on the progress of the terminal expansion. The investment, which will provide about 600 metres of quay frontage, is designed to…

Leaders Sign Peace Accord for Peaceful Conduct During Osun 2026 Gubernatorial Election Sixteen days to the August 15th 2026 Osun State Gubernatorial Election, the incumbent Governor, Ademola Adeleke, candidate of the All Progressives Congress (APC), Asiwaju Munirudeen Bola Oyebamiji, alongside twelve other candidates, have signed the Peace Accord. Other notable candidates are the Allied Peoples Movement, Hon Adewale Adebayo, and the African Action Congress (AAC), Olajide Esan, among others. The candidates from the 14 political parties contesting the guber seat were present, while those absent were represented by their party officials. The APC guber candidate was represented by his deputy,…

The inaccurate Africa map. Credit: The Independent via REUTERS The US State Department acknowledged “an unfortunate error” on Thursday after an wrong map of Africa was displayed at an AIDS conference in Brazil earlier this week. “We take full responsibility for the confusion and misrepresentation it caused for attendees, including our African partners,” a State Department spokesperson said. A slideshow presented by the US delegation at a major international conference on AIDS earlier this week had six African countries incorrectly located. Nigeria, for example, was shown as a landlocked country in the center of the continent, while Mozambique was placed…

The Football Association has brought in tougher sanctions for discriminatory conduct, with players found guilty of aggravated discrimination offences now facing a minimum suspension of 10 matches from the new season. The strengthened rules, which also apply to managers and individuals in technical areas, are part of the FA’s efforts to eliminate discrimination from football, according to BBC Sport on Thursday. Under the previous regulations, suspensions for aggravated breaches of FA Rule E3.2 ranged between six and 12 matches. The rule covers misconduct involving references to ethnic origin, colour, race, nationality, religion, sex, gender, gender reassignment, sexual orientation or disability.…

Access Bank Plc has dismissed as false reports circulating on social media claiming that the bank is shutting down, assuring customers that it remains financially strong and fully operational. In a statement issued by its management on X on Thursday, the bank described the viral message, which falsely impersonated its official communication channels, as “false and misleading.” “We wish to reassure our customers, partners, stakeholders, and the public that Access Bank is safe, financially strong, and fully operational across all our subsidiaries. Our services continue to run seamlessly, and we remain committed to serving our customers with the highest standards…

The Nigerian Association of Resident Doctors (NARD) has threatened to embark on a nationwide total and comprehensive industrial strike from 8:00am on Monday, August 10, 2026, if the federal government fails to address outstanding welfare issues affecting its members, including unpaid salary arrears, allowances and poor working conditions. The warning was contained in a communiqué issued at the end of the association’s National Executive Council (NEC) meeting held in Gombe from July 26 to 31 and signed by its President, Dr. Mohammad Suleiman, and Secretary, Dr. Shuaibu Ibrahim. NARD said the decision followed its dissatisfaction with the slow implementation of…

Oluremi Tinubu. Photo: State House The First Lady, Senator Oluremi Tinubu, on Thursday sought Saudi Arabia to partner with Nigeria in overhauling the education of Almajiri and out-of-school children. Tinubu warned that failure to formally educate both population posed a direct threat to the country’s security. The First Lady made the appeal when she received the Ambassador of the Kingdom of Saudi Arabia, Yousef Mohammed Al-Balawi, at the State House, Abuja, on Thursday. Senior Special Assistant on Media to the First Lady, Busola Kukoyi, revealed details of the engagement in a statement she signed Thursday titled ‘First Lady of Nigeria…

Flying Eagles secured a place in the semi-finals of the WAFU B U20 Championship after a commanding 3-0 victory over Togo’s Sparrow Hawks in their second Group B match in Yamoussoukro on Thursday. The win ensured Nigeria maintained their perfect start to the tournament, having opened their campaign with an impressive 4-2 victory over Ghana’s Black Satellites. Togo proved stubborn opponents in a closely contested first half, frustrating the Flying Eagles despite Nigeria’s early dominance. The Sparrow Hawks came closest to breaking the deadlock in the 38th minute but squandered a gilt-edged opportunity by firing wide. Both teams continued to…

Content creator and relationship commentator Emmanuel Obruste, popularly known as GehGeh, has said that the wedding ceremony that recently sparked widespread reactions online was staged as a publicity stunt and social experiment. Videos showing GehGeh and a woman dressed in matching burgundy traditional outfits at what appeared to be a wedding ceremony went viral over the weekend, prompting speculation that the outspoken influencer had secretly tied the knot. The footage also drew criticism from fans and fellow content creators, many of whom accused him of contradicting his long-held views on relationships and marriage. Even members of his family questioned why…