HBM Nigeria Posts 57% Profit Growth in H1 2026
HBM Nigeria Plc recorded a 57 per cent increase in profit after tax during the first half of 2026, driven by stronger cement sales and improved efficiency. The company, formerly…
US Ends Visa Services in Abuja, Shifts Processing to Regional Hubs
The United States will end routine US visa services in Abuja from August 1, 2026, as part of a wider restructuring across Africa. The US Department of State said the…
Wike Bans Car Racing in Abuja Residential Areas
FCT Minister Nyesom Wike has directed traffic officials to stop car racing in Abuja residential areas over growing safety concerns. The directive followed reports about the risks the activity poses…
Army Appoints New Division Commanders After Expansion
The Nigerian Army has appointed new General Officers Commanding (GOCs) following the creation of four additional divisions approved by President Bola Tinubu. The appointments, approved by the Chief of Army…
Nigeria’s Debt Bill Soars Past ₦144 Trillion
The Federal Government borrowed ₦4.79 trillion more than approved in 2024 after revenue fell well short of expectations, according to a new Budget Office report. This overspend forms part of…
Reps Probe Fuel Import Licences, Oppose Dollar Charges
The House of Representatives has launched fresh efforts to reform Nigeria’s downstream petroleum sector and investigate alleged fuel import licence irregularities. During an interactive session with stakeholders, including IPMAN, DAPPMAN…
Warriors Keep Draymond Green on New One-Year Deal
The Golden State Warriors have secured the future of Draymond Green, re-signing the four-time NBA champion to a one-year, $28 million contract after missing out on the signing of LeBron…
Zuckerberg Opposes Ban on Chinese AI Models
Meta CEO Mark Zuckerberg has urged the United States not to block advanced Chinese AI models, arguing that restrictions would not give American companies a lasting advantage in the global…
Russia Charges Telegram Founder Pavel Durov, Issues Arrest Warrant
Russia’s Federal Security Service (FSB) has charged Telegram founder Pavel Durov with facilitating terrorist activities and announced that it has issued an international warrant for his arrest. The agency alleged…
Real Madrid Revenue Hits Record €1.22bn Despite Trophyless Season
Real Madrid has announced a record-breaking financial performance for the 2025–2026 season, generating €1.221 billion in revenue despite ending the campaign without winning a major trophy. The milestone strengthens the…
