Seplat Energy Reports 83% Profit Growth, Reaches ₦81.33bn
Seplat Energy Plc has marked a significant milestone, registering an impressive 83 percent increase in earnings for the financial year 2023. Seplat, dual-listed on the Nigerian Exchange and the London Stock Exchange, revealed in its audited results for the twelve months ending 31 December 2023, a surge in annual profit to N81.33bn from N44.433bn in […]
How Severe Fibre Cuts Disrupted Telecom Services In Nigeria
Mobile Network Operators (MNOs) apologised on Wednesday to their subscribers for the service hitches they have experienced for a few days. The MNOs, under the aegis of the Association of Licensed Telecoms Operators of Nigeria (ALTON), blamed the service disruptions on “severe fibre cuts” by contractors. “There are reports of multiple fibre cuts that took […]
Real Reason We Called Off Labor Protest – Ajaero
The leadership of the Nigeria Labour Congress (NLC) has opened up on the real reasons why it suspended the two-day nationwide protest against pervasive hunger and economic hardship after the first day. In addition to fulfilling the protest’s goals, the labour centre intimated to media that it would not be able to carry out the […]
Obi Commends Tinubu’s Decision To Implement Oronsaye Report
The Presidential candidate of the Labour Party (LP), Peter Obi, has openly declared his support for the implementation of the Oronsaye Report by the President Bola Tinubu-led government, stating in his official X handle that if he were the president, he would have taken the same course of action. Obi claimed that he had been […]
Tinubu Jets Out Today To Qatar For Business Forum
The President of Nigeria, Bola Tinubu will this afternoon depart Lagos State and embark on a two-day official visit to the State of Qatar, Africa Today News, New York. In a statement on Wednesday which was obtained by Africa Today News, New York, the media aide to the President, Ajuri Ngelale, said the visit which […]
Suspected Jihadists Leaves Several Soldiers Dead In Mali
Several Malian soldiers died Thursday morning following a large-scale attack by suspected jihadists on a military outpost in the remote west of the land lockled west African nation. An elected representative of the nearby town of Mourdiah, 300 kilometres (180 miles) north of the capital Bamako said; “More than 100 jihadists attacked an army position […]
Nigerian Army Busts 40 Illegal Oil Wells In Rivers
The Nigerian Army has made a shocking discovery of over 40 illegal crude oil wells in Rumuekpe community, in the Emohua Local Government Area of Rivers State, Africa Today News, New York reports. The illegal oil wells were uncovered on Wednesday evening during an operation led by the General Officer Commanding, Nigerian Army 6 Division, […]
Rigobert Song No Longer Cameroon Coach, Eto’o Confirms
Cameroonian football federation (Fecafoot) President Samuel Eto’o on Wednesday disclosed that Rigobert Song has left his job as Cameroon head coach. Africa Today News, New York recalls that Cameroon were knocked out of the Africa Cup of Nations in the last 16 in January by eventual runners-up Nigeria. “We have not achieved our objectives, and […]
Reactions As Ghana Parliament Passes Anti-LGBTQ Bill
The Ghanian parliament has voted to pass a controversial bill to severely restrict LGBTQ rights in a move that is now being condemned by activists across the world. Africa Today News, New York reports that the bill still has to assented by the president before it becomes a law, which observers believe is unlikely before […]
Insurrection: US Supreme Court To Hear Trump’s Immunity Claim
The Supreme Court of the United States has resolved to hear former President Donald Trump’s claim of immunity from prosecution, further delaying his criminal trial on charges of conspiring to overturn his election loss in 2020. The criminal case being prosecuted by Special Counsel Jack Smith was placed on pause by the justices on Wednesday. […]
Binance Out To Destroy Nigeria’s Economy – Presidency
Mr. Bayo Onanuga who is a spokesman to the President of Nigeria, has asserted that cryptocurrency trading website Binance will destroy the Nigerian economy by arbitrarily fixing foreign exchange rate if not immediately checked. “If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate,” a […]
Nigeria Only Paying For Buhari’s Mistakes – Shehu Sani
A former lawmaker representing Kaduna Central in the Senate, Senator Sani Shehu, has lashed out at former President Muhammadu Buhari accusing him of being behind the current economic hardship in the country. Sani claimed that President Buhari should have implemented some of the economic measures that President Bola Tinubu is currently executing, which he failed […]