Business

The Society of Muslim Professionals (SMP), Abeokuta, celebrated its 35th anniversary at the weekend with a call to Muslim members and faithful to uphold excellence in both spiritual devotion and socio-economic endeavour, stressing that gratitude towards Allah must translate into continuous service to humanity. Speaking at the grand finale of the anniversary held in Abeokuta, the National Chairman and President, …

Dangote Sugar Refinery Plc has announced plans to raise up to $500 billion through a rights issue, pending regulatory approval, in a major capital mobilization effort to strengthen its balance sheet and fund long-term expansion. The proposal was made known in a statement signed by the Company Secretary, Mrs Temitope Hassan, following the 20th Annual General Meeting of the Company …

By Victor Osula, Abuja The African Democratic Congress (ADC) has dismissed reports of ongoing coalition talks with the Peoples Redemption Party (PRP), saying its main focus is a determined legal effort to overturn what it described as “illegal” actions taken against its leadership by the Independent National Electoral Commission (INEC). In a statement released on Monday, the party’s national publicity …

The Chairman of the Center for Convention on Democratic Integrity (CCDI), Olufemi Aduwo, has described attempts to portray recent developments within the Ogun State chapter of the APC as evidence of exclusion or persecution as unconvincing and misleading. According to Aduwo, such statements reflect a selective reading of events and a disregard for the operational realities of the party organisation. …

Post views: 16 By Silvernews The Nigerian Union of South Africa (NUSA) has taken a significant step towards strengthening member unity and commitment through sport with the appointment of Hon. Oziegbe Dickson J. as sports director. The announcement, made by the union’s leadership, highlights a renewed commitment to fostering cohesion among members while promoting healthy competition among its various …

The political crisis rocking the Ogun State chapter of the All Progressives Congress intensified on Monday after former Ogun East governor and senator, Gbenga Daniel, said he was barred from attending a crucial meeting of party stakeholders in Ijebu Ode. Daniel made this claim in a viral video on Monday, where he was seen addressing supporters from a branded campaign …

Investors in the Nigerian equity market earned N608 billion at the close of trading Monday. This follows a surge in the prices of shares such as NAHCO, Union Dicon and Fidelity Bank, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 218,113.84 points from 217,167.57 points on the previous trading day. After five hours …

The Federal Competition and Consumer Protection Commission (FCCPC) has commended the judgment delivered by the Federal High Court, Abuja, Monday, 20 April 2026, dismissing the suit brought by Air Peace Limited challenging the Commission’s authority to investigate consumer complaints and issue summonses in exercise of its statutory mandate. The ruling, delivered by Justice James Omotosho, affirms the Commission’s powers under …

Concerns have intensified over the safety of 416 people allegedly abducted in Borno State, following a video released by Boko Haram terrorists in which the group issued a 72-hour ultimatum and warned against any forced rescue attempt by Nigerian security forces. The video, obtained in the early hours of Monday, showed armed members of the group dressed in military camouflage …

A former National Board of Directors member of the National Youth Service Corps (NYSC), Prince Oyekunle Oyewumi, has congratulated the Senator representing Oyo South Senatorial District, Senator Sarafadeen Alli on his 63rd birthday.Oyewumi, a member of the Presidential Campaign Council of the All Progressives Congress (APC) and the Tinubu-Shettima Independent Campaign Council in the 2023 general elections, described the senator …