Zenith Bank has announced the retirement of its founder and Group Chairman, Jim Ovia, marking the end of a significant leadership chapter in one of Nigeria’s leading financial institutions. The announcement was made during the bank’s 35th Annual General Meeting, where the institution confirmed that Ovia stepped down following the completion of his mandatory tenure…
Michael Saylor has sparked fresh debate in the crypto market after suggesting that Strategy, formerly known as MicroStrategy, may eventually sell some of its Bitcoin holdings to fund dividend payments tied to its perpetual preferred stock. The comments have fueled speculation across the cryptocurrency market, with prediction markets sharply increasing the probability that Strategy could…
Nigeria’s push to revive its struggling state-owned refineries has taken a new turn as the Nigerian National Petroleum Company Limited (NNPCL) signed a fresh agreement with two Chinese companies to support the restart, operation, and possible expansion of the Port Harcourt and Warri refineries. The agreement, signed as a Memorandum of Understanding (MoU), was reached…
OPay Digital Services, one of Nigeria’s leading fintech companies, is reportedly taking steps toward a potential initial public offering (IPO) as it works with some of the world’s biggest investment banks. According to reports, OPay is collaborating with Citigroup, Deutsche Bank, and JPMorgan Chase as part of preparations for a possible public listing. Sources familiar…
Football fans expects a major shift in how they engage with the 2026 FIFA World Cup after FIFA confirmed a landmark partnership with YouTube, marking a new step in the tournament’s digital evolution. While early reports sparked excitement over claims that YouTube would stream all World Cup matches live for free, the agreement is more…
A Chinese biologist, Hongmei Wang, is reportedly exploring a scientific approach aimed at extending women’s reproductive lifespan by reducing the frequency of menstruation to once every three months. The concept is based on the theory that fewer menstrual cycles over a woman’s lifetime could help preserve a larger number of viable eggs, potentially extending the…
The Dangote Petroleum Refinery has approved the recall of engineers who were previously dismissed or redeployed during its prolonged dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The company confirmed the decision in a statement released on Thursday, describing the move as part of what management called a conditional pardon…
The Kano State Hisbah Board has announced plans to begin medical screening for 3,000 prospective couples ahead of a state-sponsored mass wedding programme aimed at supporting vulnerable residents across the state. The screening exercise will cover 1,500 men and 1,500 women selected to participate in the initiative, according to the Deputy Commander-General of the board,…
Residents across Lagos State may have to brace for more prolonged power outages after the sudden shutdown of the Egbin Power Station, Nigeria’s largest power-generating plant, triggered fresh supply disruptions in the state. The Nigerian Independent System Operator (NISO) confirmed on Thursday that a major operational failure at the Egbin facility, located in Ikorodu, Lagos,…
NNPC Limited has announced the successful completion of the River Niger crossing on the Obiafu-Obrikom-Oben (OB3) Gas Pipeline, marking a major breakthrough in Nigeria’s gas infrastructure development. The Group Chief Executive Officer of NNPC Limited, Bashir Bayo Ojulari, described the achievement as a defining moment for Nigeria’s energy sector and a major step forward in…
