Arabel Holdings has announced the successful closure of Renaissance Africa Energy Holdings’ acquisition of Shell’s full equity position in the Shell Petroleum Development Company of Nigeria (SPDC). The company disclosed this in a corporate disclosure released through the Nigerian Exchange Ltd. This follows the signing of a sale and purchase
Africa’s Global Bank, United Bank for Africa (UBA) Plc on Friday, hosted the 60th President of the Institute of Chartered Accountants of Nigeria (ICAN), Chief Davidson C. S. Alaribe, FCA, in a meeting aimed at fostering collaboration and innovation between both institutions.The meeting signalled a pivotal moment in the relationship
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Senate President, Mr Godswill Akpabio over “the failure to reverse the patently unlawful suspension of Senator Natasha Akpoti-Uduaghan, as the purported suspension is based solely on the peaceful exercise of her right to freedom of expression.” Mr Akpabio
United States Secretary of State, Marco Rubio has announced that President Donald Trump’s administration is expelling South Africa’s ambassador to Washington. Rubio announced this on Friday, accusing the envoy of hating the country and President Trump. “South Africa’s Ambassador to the United States is no longer welcome in our great
The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy empowering entrepreneurs is set to announce the 11th cohort of the TEF Entrepreneurship Programme on Saturday, March 22, 2025.The 2025 announcement comes at a critical time, as Africa’s entrepreneurship ecosystem faces funding constraints and global economic headwinds.TEF continues to provide much-needed support,
As part of activities to mark the 2025 International Women’s Month, Africa’s Global Bank, United Bank for Africa (UBA) Plc held the quarterly edition of its Business Series event where trailblazing female leaders from diverse industries shared personal insights on overcoming systemic challenges, driving change, and redefining success.The hybrid event
The House of Representatives has approved the four tax reform Bills earlier transmitted by President Bola Ahmed Tinubu, as it considered and adopted report by its special committee on the proposals on Thursday March 13, 2025. They include a Bill for an Act to provide for the Assessment, Collection of,
Another powerful figure in Northern Nigerian politics, Major Hamza Al-Mustapha, who served as Chief Security Officer to former Head of State General Sani Abacha, has joined forces with Nasir El-Rufai in the Social Democratic Party (SDP). As the 2027 presidential election approaches, this alliance further solidifies the momentum within the
The Supreme Court has dismissed the appeal submitted by Samuel Anyanwu, who sought to halt the enforcement of the Court of Appeal’s ruling that ousted him from his position as the National Secretary of the Peoples Democratic Party (PDP). On Monday, the highest court dismissed the appeal after Anyanwu in
Members of staff of the National Lottery Regulatory Commission (NLRC) say they have been rendered idle following the Supreme Court judgment which nullified the commission’s establishment Act. In separate interviews with the News Agency of Nigeria (NAN) in Abuja, some of the workers narrated their frustration on how they go