LUKMAN ABDULMALIK
Elumelu tasks African firms to give women more leadership roles
Nigerian billionaire businessman Tony Elumelu has urged African companies to increase women's representation in executive positions, arguing that excluding female talent undermines business growth...
QatarEnergy acquires 25% stake in Namibia offshore oil licence
QatarEnergy has agreed to acquire a 25 per cent stake in an offshore oil exploration licence in Namibia, expanding its interests in the country's...
Dangote shelves $1bn London listing of cement business
Nigerian billionaire Aliko Dangote has shelved plans to list Dangote Cement Plc on the London Stock Exchange, abandoning a proposed $1bn share offering over...
Okoya’s Eleganza prepares to reopen Lagos factory after shutdown
Nigerian industrialist Razaq Okoya’s Eleganza Group is preparing to reopen its Alaba-Suru factory in Lagos after a shutdown, in a move aimed at restoring...
54-year-old woman fakes kidnap to extort younger brother
The Delta State Police Command has arrested a 54-year-old woman for allegedly staging her own kidnapping and demanding N15m ransom from her younger brother.
The...
UK councillor sentenced over call to ‘melt’ Nigerians
A 66-year-old former UK councillor, Glenn Gibbins, has been sentenced to 12 months of community service for a Facebook post suggesting that Nigerians in...
EFCC recovers $3m, N1.3bn from oil firms over unpaid revenues
The Economic and Financial Crimes Commission (EFCC) has recovered $3m and N1.3bn from two oil companies over unremitted statutory revenues owed to the Federation...
Tinubu ends 22-year delay, fixes minimum pension at N52,500
President Bola Tinubu has approved a N52,500 monthly minimum pension for 173,209 retirees under the Contributory Pension Scheme, ending a 22-year delay in implementing...
Nigerian scholar abandons japa dream after raising $2.5m in research grants
A Nigerian academic, Dr Wadzani Dauda, has abandoned plans to settle abroad after helping researchers secure more than $2.5m in competitive grants, with his...
Tinubu vows to defeat insecurity, promises better welfare for security forces
President Bola Tinubu has reaffirmed his administration’s determination to tackle insecurity in Nigeria, promising improved salaries and welfare for security personnel.
Tinubu gave the assurance...
