PZ Cussons Nigeria Converts Debt to Equity, Raising Concerns Among Minority Shareholders

PZ Cussons Nigeria has announced plans to convert a significant portion of its outstanding debt to its parent company, PZ Cussons (Holdings), into equity. The $34.3 million debt-to-equity swap will increase the parent company’s stake in the Nigerian subsidiary to 82.79%, effectively

by News Editor

February 17, 2025

News

US and Israel Renew Threats Against Hamas, Vow to Counter Iran

The United States and Israel have once again reaffirmed their hardline stance against Hamas and Iran, with top US diplomat Marco Rubio and Israeli Prime Minister Benjamin Netanyahu warning of severe consequences if hostages held in Gaza are not released. During a

by News Editor

February 17, 2025

News

Father Identifies Slain Daughter by Henna Design, Demands Justice

Tragedy struck in Ilorin, Kwara State, following the gruesome murder of Yetunde Hafsat, a 300-level student of the Kwara State College of Education, allegedly at the hands of a self-proclaimed cleric she met on Facebook. Her father, Mr. Ibrahim Lawal Adefalu, has

by News Editor

February 17, 2025

News

Nigeria suffers economic downturn as GDP/capita falls 72% – IMF

Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent. Data obtained from the website of the International Monetary Fund indicated that Nigeria’s

by News Editor

February 16, 2025

News

Flash: PRESIDENT TINUBU CONGRATULATES NASIR EL-RUFAI ON 65TH BIRTHDAY

President Bola Tinubu congratulates Mallam Nasir Ahmad on his 65th birthday. Mallam El-Rufai is an administrator, scholar, and politician. He is a founding member of the All Progressives Congress (APC) and highly regarded for his resourcefulness and brilliance. He served as governor

by News Editor

February 16, 2025

News

TCN Dismisses Reports of National Grid Collapse in 2025

The Transmission Company of Nigeria (TCN) has refuted claims that the national power grid has collapsed twice in 2025, describing such reports as misleading and mischievous. In a statement posted on its official X handle on Saturday, the company assured Nigerians that

by News Editor

February 16, 2025

News

Djibouti’s Mahmoud Youssouf Elected AU Commission Chairperson in Contested Race

The African Union (AU) has elected Djibouti’s Foreign Minister, Mahmoud Youssouf, as the new Chairperson of the AU Commission, following a highly competitive election during the AU Summit in Addis Ababa, Ethiopia. The election, held on Saturday, saw Youssouf emerge victorious after

by News Editor

February 16, 2025

News

Claims That Our Fuel Doesn’t Last Misleading – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL), on Saturday, debunked claims in a viral video that its premium motor spirit (PMS) does not last as long as the one from Dangote Refinery. In a statement signed by its Chief Corporate Communications Officer,

by News Editor

February 15, 2025

News

Some Northern Elite Feel Excluded From Tinubu’s Govt – Buhari’s Ex-Aide

A former All Progressives Congress (APC) Youth Leader, Ismael Ahmed, says some members of the northern elite feel alienated from the administration of President Bola Tinubu despite mobilising chunk votes for him to win the 2023 presidential election. Ahmed, a former Senior

by News Editor

February 15, 2025

News

Obasa Drags Lagos Assembly, Meranda To Court Over Removal

The former Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has filed a suit against the Assembly and the new Speaker, Mojisola Meranda, before the Lagos State High Court in Ikeja, challenging the legality of his sack. Obasa, in the

by News Editor

February 15, 2025

News

Nissan-Honda $60bn Merger Talks Collapse Amid Power Struggle

Nissan and Honda ended merger talks to forge a $60 billion car company on Thursday, pitching Nissan deeper into uncertainty and highlighting the pressure on legacy automakers from Chinese rivals upending the industry. The talks between Honda, Japan’s second-largest automaker, and Nissan,

by News Editor

February 15, 2025

News

LAMATA Announces 18% Fare Increase For Lagos BRT Services From February 17

The Lagos Metropolitan Area Transport Authority (LAMATA) has announced an 18 percent increase in fares under its Bus Reform Initiative (BRI) scheme, citing rising operational costs. The new fare structure is set to take effect from February 17, 2025. In a statement

by News Editor

February 15, 2025

News·Politics

Northern Groups Urge Aregbesola to Join 2027 Political Movement

Prominent northern political groups have called on former Osun State Governor, Ogbeni Rauf Aregbesola, to align with their emerging political movement ahead of the 2027 general elections. Describing him as a principled and valuable politician, these groups believe Aregbesola’s participation would significantly

by News Editor

February 15, 2025

Life & Style·News

2Baba’s Mother Urges Natasha Osawaru to Release Son, Suggests Spiritual Influence

Rose Idibia, the mother of renowned Nigerian singer Innocent Idibia, popularly known as 2Baba, has publicly pleaded with his fiancée, Natasha Osawaru, to release him. Her appeal comes just 24 hours after the musician proposed to Osawaru, a lawmaker in Edo State,

by News Editor

February 15, 2025

News

Oluremi Tinubu Advocates Sustainable Health Financing at AU Summit

Nigeria’s First Lady, Senator Oluremi Tinubu, has called for innovative and sustainable health financing mechanisms to strengthen Africa’s healthcare systems. Speaking in Addis Ababa, Ethiopia, on the sidelines of the 38th African Union (AU) Summit, she emphasized the need for efficient resource

by News Editor

February 15, 2025

News Editor

PZ Cussons Nigeria Converts Debt to Equity, Raising Concerns Among Minority Shareholders

US and Israel Renew Threats Against Hamas, Vow to Counter Iran

Father Identifies Slain Daughter by Henna Design, Demands Justice

Nigeria suffers economic downturn as GDP/capita falls 72% – IMF

Flash: PRESIDENT TINUBU CONGRATULATES NASIR EL-RUFAI ON 65TH BIRTHDAY

TCN Dismisses Reports of National Grid Collapse in 2025

Djibouti’s Mahmoud Youssouf Elected AU Commission Chairperson in Contested Race

Claims That Our Fuel Doesn’t Last Misleading – NNPCL

Some Northern Elite Feel Excluded From Tinubu’s Govt – Buhari’s Ex-Aide

Obasa Drags Lagos Assembly, Meranda To Court Over Removal

Nissan-Honda $60bn Merger Talks Collapse Amid Power Struggle

LAMATA Announces 18% Fare Increase For Lagos BRT Services From February 17

Northern Groups Urge Aregbesola to Join 2027 Political Movement

2Baba’s Mother Urges Natasha Osawaru to Release Son, Suggests Spiritual Influence

Oluremi Tinubu Advocates Sustainable Health Financing at AU Summit

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