The project ends decades search for investors, boosts Nigeria’s blue economy By Prince Adeyemi Shonibare Nigeria’s maritime sector is set for a major transformation following a landmark agreement involving the world’s largest container shipping company, Mediterranean Shipping Company (MSC), which has secured a 45-year concession to build, manage and operate a modern container terminal at…
Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, has launched the 2026 Hackaholics Accelerator Program, welcoming ten startups into the cohort. The Hackaholics Accelerator, a selective growth program under Wema Bank’s Hackaholics platform, is designed to help promising Nigerian startups strengthen their business foundations and prepare for…
A dramatic scene reportedly unfolded in a United States courtroom as a legal battle involving Mountain of Fire and Miracles Ministries (MFM) ended in favor of the church, leaving the opposing party visibly shaken. According to accounts from individuals familiar with the proceedings, tension had been high throughout the hearing as the court prepared to…
The Chairman of the Abuja Municipal Area Council chapter of the African Democratic Congress, Omale Sule, has alleged that the Senator representing the Federal Capital Territory, Ireti Kingibe, received ₦100 million from the party’s national leadership ahead of the Area Council elections. Sule made the claim on Friday while addressing journalists in Abuja, stating that…
Veteran Nigerian gospel singer and songwriter, Toun Soetan, popularly known as Evangelist Shouet, has passed away at the age of 73. The respected gospel minister was widely recognised as the original composer of the popular Christian chorus Darling Jesus, a song that has remained a staple in church worship across Nigeria for decades. Reacting to…
In an era where integrity, excellence and strong moral values appear to be diminishing among many young professionals, Temitope B. Akinyemi has carved a niche for himself as a disciplined professional, visionary entrepreneur and committed political stakeholder whose influence continues to grow across multiple sectors. Temitope Akinyemi currently serves as the Chief Executive of several…
The jubilation in the ruling party camp with an array of defections to the party will soon be over, as the storm continues to gather with the coming of Jonathan/Kwankwaso ticket, seen by political pundits as oppositions’ secret weapon. These two powerful politicians are seen as the ultimate game changer in the political calculations towards…
The World Bank has cautioned governments, including that of Nigeria, against reducing public sector employment as a quick solution to widening fiscal deficits. In a new analysis based on data from the institution’s Bureaucracy Lab and global public employment indicators, the World Bank warned that workforce reductions may provide short-term financial relief but could weaken…
Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦100 per litre. According to the refinery’s latest pricing template released on March 10, 2026, the ex-gantry price of petrol has dropped to ₦1,075 per litre, down from the previous price of ₦1,175 per litre. The…
Servant of God and Founder of INRI Evangelical Spiritual Church, Lagos, has made it clear that the City Boys and the Village Boys being propagated by two political parties in the country would add no value or impact. Primate Ayodele made the disclosure while speaking to Journalists in Lagos on Tuesday, March 10, 2026. He…
