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@leadership 9 hours ago
Hormuz Crisis Doubles Oil Giants' Profits To $90bn — Report
A new report has revealed that the disruption of oil supplies following the near-complete closure of the Strait of Hormuz has driven a sharp increase in profits for major oil and gas companies. The World Oil report said higher fossil fuel prices had boosted earnings across the industry, particularly in the United States and Europe,
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@leadership 9 hours ago
2027 Elections: INEC, IRI Forge Closer Ties Over Credible Polls
The Independent National Electoral Commission (INEC) has reaffirmed its commitment to conducting a free, fair, credible and transparent 2027 General Election as it hosted a delegation from the International Republican Institute (IRI) for its Pre-Election Assessment Mission (PEAM) in Abuja. The IRI delegation, led by its President, Dr Dan Twining, is in Nigeria from August
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@leadership 9 hours ago
Murray-Bruce Charges Tinubu To Make Nigeria's Refineries Work
The founder of Silverbird Group and former senator, Ben Murray-Bruce, has called on President Bola Tinubu to address the poor performance of Nigeria's government-owned refineries and ensure they become productive and commercially viable. Murray-Bruce expressed concern that despite Nigeria's vast crude oil reserves and the huge sums committed to reviving the Port Harcourt, Warri and
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@leadership 8 hours ago
NEDC Commissions World-Class Fertility Centre, 40-Room Maternity Complex In Maiduguri
The North East Development Commission (NEDC) has commissioned a world-class fertility centre and a maternity complex with more than 40 labour rooms at the University of Maiduguri Teaching Hospital (UMTH), Borno State. The facilities were commissioned on Tuesday by the Minister of State for Regional Development, Uba Maigari Ahmadu, who described the fertility centre as
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@leadership 8 hours ago
Osun Poll: Adeleke Denies Alliance With ADC Over Re-Election
Osun State governor, Ademola Adeleke, has denied reaching any agreement with the African Democratic Congress (ADC) ahead of last Saturday's governorship election. Adeleke said ADC was not part of the political alliance that backed his bid for re-election before, during or after the poll. The governor's clarification followed a statement by ADC National Publicity Secretary,
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@leadership 8 hours ago
Taraba Activates Flood Evacuation Plans, Maps Safe Zones
Following the flood predictions by the Nigerian Meteorological Agency (NiMet), the Taraba State Government has activated evacuation and relocation plans for residents of flood prone and riverine communities across the state. The Executive Secretary of the Taraba State Emergency Management Agency (TSEMA), Dr Echuseh Audu, disclosed this in Jalingo, during the ongoing statewide flood sensitisation
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@leadership 9 hours ago
Next Cash & Carry Reopens In Abuja After Nearly Five Years
Next Cash Carry, one of Abuja's popular shopping destinations, has officially reopened its doors to the public nearly five years after it was shut down following a devastating fire incident. The retail outlet, located along Ahmadu Bello Way in the Jahi/Kado area of Abuja, was forced to close after a major fire gutted parts
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@leadership 9 hours ago
UK Bans Key Ingredient In Gel Nail Products As New Rules Take Effect
Manicure lovers in the UK do not need to say goodbye to gel nails just yet, despite new restrictions on a chemical used in some gel polishes. The new rules, which apply across England, Wales and Scotland, prohibit the use of trimethylbenzoyl diphenylphosphine oxide (TPO). This photoinitiator helps gel polish harden under UV light while improving
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@leadership 9 hours ago
PETROAN To NNPCL: Stop Celebrating Refinery Restarts, Show Results
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has challenged the Nigerian National Petroleum Company Limited (NNPCL) to stop celebrating refinery restarts and start measuring performance by output, plant availability, profitability and returns on investment. PETROAN National President, Dr. Billy Gillis-Harry, said President Bola Ahmed Tinubu's renewed push to revive Nigeria's refineries must
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@leadership 9 hours ago
FG Unveils Digital Cloud Policy, Targets $750m Private Investment
The federal government has unveiled the National Digital Cloud Policy, targeting $750 million in private investment in Nigeria's cloud and data infrastructure within the next 24 months. The policy, introduced by the Federal Ministry of Communications, Innovation and Digital Economy, is aimed at transforming Nigeria into a regional hub for cloud computing, data hosting and
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@leadership 9 hours ago
Davido, Wande Coal Clash On Social Media Over Unreleased Song
Musicians David Adeleke, popularly known as Davido, and Wande Coal have engaged in a heated exchange on social media following a dispute over an unreleased song collaboration. The disagreement began after an interview surfaced online in which Davido explained why a version of Wande Coals 2021 single, Come My Way, featuring his guest verse,
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@leadership 9 hours ago
Chevron Assures Continued Sub-Saharan Africa Investment After Major Angola Discovery
American oil major, Chevron has confirmed an oil and gas condensate discovery at the 105-4X exploration well in Block 0, offshore Angola. The well is operated by wholly owned subsidiary Cabinda Gulf Oil Company Limited. The discovery marks the beginning of a new phase of work, says Kevin McLachlan, Chevrons vice president of exploration. The
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@leadership 9 hours ago
High Oil Prices Posing Threat To Global Economic Stability- Moody
Major rating firm, Moody, has raised concerns that persistently high oil prices or fuel rationing could weaken broader economic activity and ultimately weigh on energy demand. However, Moody expects earnings growth for Exploration and Production (EP) and integrated oil companies to remain elevated through 2026, supported by higher commodity prices and modest production growth. Moody's
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@leadership 10 hours ago
Food Inflation: Tinubu Govt Has Failed Nigerians – ADC
The African Democratic Congress (ADC) has accused the administration of President Bola Tinubu of failing Nigerians over the continued rise in food prices, declaring that the government has "run out of ideas" on how to tackle the worsening cost-of-living crisis. The party said the latest inflation figures released by the National Bureau of Statistics
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@leadership 10 hours ago
NODE 8.0 Ends With Worship, Prayers, Divine Intervention Testimonies
Thousands of worshippers gathered at The New Seraph Prayer City as the eighth edition of the Night of Divine Experience (NODE 8.0) ended with worship, prayers and testimonies of what participants described as divine interventions. The three-day programme, which began on Wednesday, August 12, 2026, was held under the theme: "Supernatural Breakthrough," with Micah 2:12-13
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@leadership 10 hours ago
Over 5,000 Ethiopians Face Deportation As US Court Backs TPS Termination
A U.S federal judge, Brian E. Murphy, on Tuesday ruled in favour of President Donald Trump's administration, allowing it to end the Temporary Protected Status (TPS) granted to Ethiopians living and working in the United States. Murphy rejected a request by African Communities Together, a pro-African immigrant organisation in the U.S., seeking to delay the
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