Category: Nigeria news
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Champion Breweries Issues N30 Billion 5-Year Senior Unsecured Bond
Champion Breweries Plc has successfully completed the issuance of its maiden N30 billion 5-year Fixed Rate Senior Unsecured Bond. Rand Merchant Bank served as the Lead Issuing House and Bookrunner for the bond. The bond was issued at a 19.50% coupon rate, as part of the company’s N45 billion Bond Issuance Programme. This marks a
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Olam Secures Majority of Regulatory Approvals for Stake Sale in Olam Agri to SALIC
Olam Group has successfully obtained regulatory approvals in most jurisdictions for its planned sale of a 44.58% stake in Olam Agri Holdings to the Saudi Agricultural and Livestock Investment Company (SALIC), pushing the deal closer to finalization. The company revealed that approvals have been secured in all but two jurisdictions, though the deal still depends
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Mouka Partners with Healthcare Facilities Across 15 States to Support Newborns
Mouka Limited, a leading manufacturer of household and industrial foam products and a member of the Dolidol International Group, has kicked off 2026 by renewing its heartwarming tradition of supporting families welcoming newborns. The initiative, which reflects the company’s long-standing commitment to enhancing lives through quality sleep, has seen Mouka partner with healthcare facilities across
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Nigerian Stock Market Capitalisation Surpasses N101 Trillion Milestone
The Nigerian equities market has reached a historic milestone, with the total market capitalisation of all listed stocks surpassing N100 trillion for the first time. On January 5, 2026, the Nigerian Exchange (NGX) saw its aggregate market value rise from N99.938 trillion to N101.81 trillion, marking a new peak for the country’s capital market. This
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Harvesters Church to Support Unemployed Workers with N50,000 Monthly for Three Months
Bolaji Idowu, the Senior Pastor of Harvesters International Church, has announced a new initiative aimed at supporting unemployed church workers. The church will provide a monthly financial stipend of N50,000 for three months to help those who serve within the church and are currently between jobs. Speaking to his congregation, Pastor Idowu explained the church’s
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Why I Stopped Accepting ‘Thug’ Roles – Actress Bimbo Thomas
Bimbo Thomas, the talented Nigerian actress, has revealed why she decided to move away from playing “thug” roles after her breakout performance in Funke Akindele’s hit film, Omo Ghetto. In an interview with Chude Jideonwo, Thomas opened up about her decision to showcase her versatility and prove that she could take on a wider range
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Shehu Sani Urges Nigerians in the US to “Lie Low and Pray” Amid Deportation Concerns
Shehu Sani, the former lawmaker who represented Kaduna Central Senatorial District, has issued a cautionary message to Nigerians living in the United States, advising them to “lie low and continue to pray” in the face of potential deportation threats under former President Donald Trump. Sani shared this advice in a post on his official X
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EFCC Fabricated Terror Financing Charges Against Bauchi Governor, Accuses Prof. Udenta
Former National Secretary of the defunct Alliance for Democracy (AD), Professor Udenta O. Udenta, has strongly accused the Economic and Financial Crimes Commission (EFCC) of fabricating charges of terror financing against Governor Bala Mohammed of Bauchi State. Udenta made the accusations during an interview on Arise Television, which was monitored by DAILY POST on Tuesday.
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From Academic Setback to Global Scientific Leadership: The Inspiring Journey of Prof. Adewale O. Adeloye, IAAM Scientist Fellow
The scientific community in Nigeria is celebrating a remarkable milestone as Professor Adewale Olufunsho Adeloye has been honored with the prestigious IAAM Scientist Fellow Medal by the International Association of Advanced Materials (IAAM) in Stockholm, Sweden. This accolade followed his distinguished presentation at the 65th IAAM World Congress held from August 18–20, 2025, where he
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Protest Disrupts Akure Stadium Over Appointment of Acting GM
A protest disrupted activities at the Ondo State Sports Complex in Akure on Tuesday, following the appointment of Mrs. Evelyn Lebi as Acting General Manager of the Ondo State Sports Council. The demonstration was organized by sports union leaders, coaches, and athletes who expressed concerns that the appointment would not benefit the state’s sports development.
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