CWG proposes 70 Kobo dividend, targets $500m growth
CWG Plc has announced a proposed dividend of 70 kobo per share for the financial year ended December 31, 2025, marking a 79 per cent increase from the 39 kobo paid in the previous year. The company’s Chairman, Phillip Obioha, disclosed this at the firm’s 21st Annual General Meeting in Lagos, attributing the improved payout to strong financial performance and...
FCCPC hails court ruling affirming power to probe airlines
The Federal Competition and Consumer Protection Commission (FCCPC) has welcomed a Federal High Court judgment affirming its authority to investigate consumer complaints and summon companies, following the dismissal of a suit filed by Air Peace. In a statement issued on Monday by its Director of Corporate Affairs, Ondaje Ijagwu, the Commission said the ruling by James Omotosho provides clarity on...
Tariff talks stall as shipping firms demand higher charges
Negotiations between the Federal Government and shipping companies over a proposed increase in shipping tariffs have ended in a deadlock, following fresh demands by operators for higher charges. The talks, convened in Lagos by the House of Representatives Committee on Shipping Services, were aimed at resolving disputes after the Nigerian Shippers’ Council (NSC) suspended its earlier plan to implement a...
AFC secures $100m loan for African infrastructure
The Africa Finance Corporation (AFC) has secured a five-year $100 million loan facility from the Export-Import Bank of India, strengthening its capacity to fund infrastructure and industrial projects across Africa. The agreement was signed during AFC’s Investor Day in London and forms part of the corporation’s strategy to diversify its funding sources amid global financial uncertainty. In a statement on Monday,...
Fresh PDP crisis deepens as Wike camp unveils primaries plan
A new wave of internal turmoil has hit the Peoples Democratic Party (PDP) as the faction backed by Nyesom Wike announced plans to commence preparations for party primaries in line with electoral guidelines. Leaders of the Wike-aligned bloc made the declaration on Monday during what they described as the party’s 108th National Executive Committee (NEC) meeting held at the PDP...
Appeal Court summons Sheikh Abduljabar for hearing
The Court of Appeal Nigeria sitting in Kano has directed the Nigerian Correctional Service to produce Islamic scholar Abduljabar Kabara for the hearing of his appeal. The order was issued on Monday by the presiding judge, Mohammed Lawal-Shuaibu, who stated that the appellant must appear in person since he filed the appeal without legal representation. Kabara is currently in custody following...
Suspected thugs assault APC chairman in Ondo
Violence broke out in Ondo State after suspected political thugs attacked and humiliated a local government chairman of the All Progressives Congress (APC) during a stakeholders’ meeting. The incident occurred at the party secretariat in Akure, where armed hoodlums reportedly stormed a meeting held ahead of the party’s ward congresses, disrupting proceedings and triggering panic. Eyewitnesses said the attackers wielded dangerous...
Northern education summit to drive innovation as Kano hosts 2026 schools conference
A major regional summit aimed at transforming education in Northern Nigeria is set to take place from May 5 to 7, 2026, as the “All Northern Schools Conference 2026” convenes stakeholders from across the region. The event, themed “Repositioning Northern Schools for Innovation, Sustainability and Impact,” will be held in Kano and is expected to bring together policymakers, educators, investors,...
Air Force airstrike destroys terrorist enclave in Sambisa, several killed
The Nigerian Air Force has eliminated several terrorists following a precision airstrike on a known enclave in the Sambisa Forest. The operation, conducted by the Air Component of Operation Hadin Kai, targeted a location identified as Yuwe within the forest axis. According to military sources, the strike was carried out on April 19 at about 5:45 p.m. using coordinated air assets,...
Villager’s death sparks attack on soldiers in Plateau
Tension escalated in Kassa community, Kassa District of Barkin Ladi, as angry youths and women attacked soldiers and set a military checkpoint ablaze following the burial of a resident reportedly killed by suspected armed attackers. The incident occurred late Sunday night at about 11:40 p.m. at a checkpoint in Rapung Kassa, where a crowd overran the facility and destroyed makeshift...
