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$1.57bn share sale hands Vodafone majority control of Safaricom

Vodafone-linked investors are set to take formal control of Safaricom after a proposed KES 204.3 billion ($1.57 billion) share transaction that lifts their combined stake to 55%, crossing the 50% regulatory threshold for effective control.  The transaction, disclosed in a public notice dated December 3, changes the ownership of East Africa’s most profitable company and

I want to win the AFCON – Super Eagles star hungry to make up for World Cup ‘mistake’

Nigeria Super Eagles and DR Congo players with pip of Chidozie Awaziem on the pitch (Photo by Imago) Super Eagles defender Chidozie Awaziem has stated that his major target right now is to win the 2025 Africa Cup of Nations with Nigeria, Soccernet.ng reports. ​The 2025 AFCON is set to kick off on December 21

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N2trn Drop in Petrol Imports as Local Production Improves

Petrol N2trn Drop in Petrol Imports as Local Production Improves Your browser does not support the video tag. Nigeria’s petrol import bill fell significantly in the first quarter of 2025, dropping to N1.76tn from the N3.81tn recorded in the same period in 2024, representing a difference of over N2tn. According to the latest foreign trade

China Grants Duty-free Market Access to Nigeria, Others

China-Nigeria China Grants Duty-free Market Access to Nigeria, Others Your browser does not support the video tag. In a major policy shift set to reshape Africa-China trade relations, the Chinese government has announced plans to grant Nigeria and 52 other African nations full duty-free access to its vast consumer market. The new trade initiative, disclosed

N12.9trn Worth of Crude Exported as Local Refiners Starve

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NNPC Records N5.891trn Profit in April 

NNPC Records N5.891trn Profit in April  Your browser does not support the video tag. The Nigerian National Petroleum Company (NNPC Ltd) Thursday announced that it recorded revenue of N5.891trn in April 2025. In its NNPC Limited Monthly Report Summary for the month of April 2025, posted on its X (twitter) handle, the company also declared

Tinubu Confers National Honours on Yar’Adua, Soyinka, Others

President Bola Ahmed Tinubu Your browser does not support the video tag. Tinubu Confers National Honours on Yar’Adua, Soyinka, Others President Bola Tinubu on Thursday announced national honours for dozens of Nigerians as part of events marking democracy day. He made this announcement at the National Assembly during his State of the Nation address. Among

The way forward for work: Ought to we lease or personal our workforce?

In the world of work today, many organisations are beginning to sound like that lizard—proud of their dexterity, but often blind to the height from which they leap. As Nigeria’s employment landscape continues to evolve, especially under the influence of gig work, organisations are increasingly confronted with a pressing strategic question: Should we rent talent

The infrastructure push: Nigeria’s gamble on roads and rails

In the long arc of Nigeria’s development story, few themes recur as persistently—and as problematically—as infrastructure. Broken roads, dysfunctional ports, stalled railways, and bottlenecked urban sprawl have long defined a nation rich in potential but hamstrung by logistics. Yet under President Bola Ahmed Tinubu’s administration, now two years into office, Nigeria may be witnessing one

The financial system and economics of Ojude-Oba

Sunday, June 8, was a memorable day in global Christendom; it was the celebration of Pentecost, the birthday of Christianity. It was also the 56th anniversary of St Sebastian’s Catholic Cathedral, Ijebu-Ode. However, in Ijebuland, these religious anniversaries paled into insignificance because it was the period of Eid el Adha, Ileya and Ojude-Oba, a three-in-one

Is he the following VC of the College of Uyo?

With just six months to the end of the tenure of the current vice chancellor of the University of Uyo, Prof. Nyaudo Ndaeyo, the race for the selection of his successor has commenced in earnest. One of the leading candidates is Prof. Chris Ekong, Dean of the Faculty of Social Sciences. If he’s picked, he

Anambra governorship election: Why Tinubu ought to lend most help to Ukachukwu

The governorship election for Anambra State is scheduled for November this year. Governor Chukwuma Charles Soludo, of the All Progressives Grand Alliance (APGA), will be seeking reelection. He will be completing his first term on March 17 next year, having been sworn in as the governor of the state in March 2022. The APGA as

Fuel Corporations Attraction to FG to Clear N2.7 tn Legacy Debt

Gas plant Your browser does not support the video tag. Companies producing gas and selling to electricity generation companies have called on the Federal Government to address the legacy debt owed to them. The companies under the aegis of the Independent Petroleum Producers Group made the plea during a meeting with the Minister of State

Tourism Key to Driving Native Entrepreneurship, Says Shettima

Vice President of Nigeria, Kashim Shettima Your browser does not support the video tag. The Vice President of Nigeria, Senator Kashim Shettima on Wednesday said tourism apart from its economic value has the potential to enhance local entrepreneurship. Shettima made this known during the opening ceremony of the 68th meeting of the UN Tourism Commission

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$1.57bn share sale hands Vodafone majority control of Safaricom

Vodafone-linked investors are set to take formal control of Safaricom after a proposed KES 204.3 billion ($1.57 billion) share transaction that lifts their combined stake to 55%, crossing the 50% regulatory threshold for effective control.  The transaction, disclosed in a public notice dated December 3, changes the ownership of East Africa’s most profitable company and

Chowdeck hits nearly $1 million in Black Friday food delivery sales

Until Jumia introduced its first nationwide sales campaign after it launched in 2012, Black Friday was not a retail tradition in Nigeria. Since then, the once-foreign concept has grown into one of the country’s most anticipated online commerce moments. Black Friday deals have now extended to online food delivery platforms like Chowdeck, which drove ₦1.4

WHO supports Mauritius in strengthening its National Health Security

WHO supports Mauritius in carrying out its second Joint External Evaluation of the International Health Regulation (IHR) capacities in November 2025. By volunteering for its second JEE, Mauritius has shown its strong commitment, foresight, leadership, and confidence in the process  with the aim of safeguarding the population’s health. A wide range of participants, including key

Getafe chief reveals Christantus Uche transfer plans as Crystal Palace face ₦33 billion dilemma

Christantus Uche Photo Credit: Crystal Palace website. Getafe president Ángel Torres has admitted he is unsure whether Crystal Palace intend to make Christantus Uche’s loan spell permanent, Soccernet.ng reports.  Ángel Torres hints the Premier League club may be reluctant to trigger Uche’s €20m (₦33.7 billion) purchase clause. Speaking after receiving a lifetime achievement award on