Abiola

Barcelona Faces Funding Challenge as Camp Nou Renovation Costs Exceed Initial Budget

Spanish football giants FC Barcelona are facing a fresh financial challenge as the club’s ambitious Espai Barca redevelopment project requires additional funding to reach completion. Reports indicate that the €1.45 billion financing package secured by Barcelona for the large-scale renovation of the iconic Spotify Camp Nou and surrounding facilities is no longer sufficient to cover…

Nigeria’s Petrol Imports Plunge 96% to ₦87 Billion as Local Refining Gains Momentum

Nigeria’s reliance on imported petrol has dropped dramatically, with the country’s spending on fuel imports falling by more than 96 percent in the first quarter of 2026. The sharp decline highlights a major shift in Nigeria’s energy landscape and reflects the growing impact of domestic refining capacity on the nation’s fuel supply chain. According to…

Tony Elumelu Becomes Seplat Energy Chairman as Brown, Udoma Step Down

Seplat Energy has announced a significant leadership transition that will see renowned businessman and investor Tony O. Elumelu assume the role of Chairman of the Board from January 1, 2027, marking a new chapter in the company’s growth journey. The announcement forms part of a broader succession plan designed to strengthen governance, ensure leadership continuity,…

Nigerian Senate to Consider Six-Year Single Term for President and Governors After 2027 Elections

A proposal that could significantly reshape Nigeria’s political landscape is set to be considered by the National Assembly, as Senate Leader Opeyemi Bamidele has expressed support for a constitutional amendment that would introduce a single six-year term for the President and state governors. Speaking during a session on the Senate floor, Bamidele revealed that one…

Lassana Diarra Settles Long-Running Legal Dispute with FIFA After Landmark Transfer Rules Case

Former France international Lassana Diarra has reached an agreement with FIFA and the Belgian Football Association, bringing an end to a lengthy legal battle that has significantly influenced football’s global transfer system. The settlement concludes a dispute in which Diarra had sought compensation amounting to 65 million euros, following years of legal proceedings that ultimately…

Makinde Restricts Okada Operations Overnight Across Oyo State Amid Rising Security Concerns

Oyo State Governor, Seyi Makinde, has announced a restriction on commercial motorcycle operations, popularly known as okada, between 10:30 p.m. and 5:30 a.m. across the state as part of renewed efforts to strengthen security and curb criminal activities. The governor disclosed the directive on Friday while addressing residents on the state’s security situation, particularly the…