Seplat Energy has announced a major transaction with the Nigerian National Petroleum Company (NNPC) Limited, confirming an agreement to sell a 10 percent working interest in the assets held within their joint venture for approximately $281.6 million. The company disclosed the development in a regulatory filing submitted to the Nigerian Exchange (NGX) on Thursday, providing…
European football has been thrown into one of its biggest governance disputes in recent history after all 55 UEFA Member Associations agreed to boycott FIFA competitions if FIFA President Gianni Infantino proceeds with plans to allow private investors to acquire a stake in a new commercial arm of world football. The unanimous decision followed an…
The Federal Ministry of Works has indefinitely suspended the planned rehabilitation of a section of the Kara Bridge along the Lagos-Ibadan Expressway, just hours before the project was scheduled to begin. The repair work, which was initially set to commence on July 28, 2026, was expected to last for two weeks and was designed to…
FIFA has announced an ambitious proposal to invest more than $10 billion in football development over the next four years, marking what the governing body describes as the largest development commitment ever made by a sports organization. If approved by a majority of FIFA’s 211 Member Associations and the FIFA Council, the plan would dramatically…
More than a week after Spain lifted its second FIFA World Cup trophy with Ferran Torres’ dramatic extra-time winner, Argentina’s President Javier Milei is keeping the tournament in the spotlight—but for reasons that extend far beyond football. The Argentine leader has alleged that an organized international campaign sought to damage Argentina’s reputation throughout the tournament….
A powerful 7.1-magnitude earthquake struck Japan’s southern Kumamoto Prefecture on Tuesday, prompting authorities to issue a tsunami warning and emergency alerts across several parts of Kyushu Island. According to the Japan Meteorological Agency (JMA), the earthquake has the potential to generate tsunami waves of up to one metre (3.28 feet). Residents living in coastal communities…
New York City Mayor Zohran Mamdani has unveiled new details of his administration’s plan to establish government-owned grocery stores, announcing that the outlets will offer 30% discounts on essential food items in an effort to make groceries more affordable for residents. Speaking at a press conference in Brooklyn on Monday, Mamdani said the initiative is…
Human rights lawyer Deji Adeyanju has called on President Bola Ahmed Tinubu to declare a state of emergency in Nigeria’s housing sector, warning that soaring rents and exploitative tenancy practices are pushing millions of Nigerians deeper into economic hardship. In an open letter dated July 27, 2026, titled “Declaration of a State of Emergency on…
The International Criminal Court (ICC) has officially removed Karim Khan from his position as Chief Prosecutor after a majority of member states voted in favor of his dismissal during a closed-door session of the court’s governing body. The decision was reached through a vote by the 125-member Assembly of States Parties (ASP), the body responsible…
Nigeria’s Vice President, Kashim Shettima, has called on African countries to move away from the long-standing practice of exporting raw materials and instead focus on building industries that process the continent’s natural resources into finished products with higher economic value. Shettima made the remarks on Friday during a visit to the Glo-Djigbé Industrial Zone (GDIZ)…
