The African Finance Corporation (AFC) has committed $2.5 billion to a share placement for the Dangote Refinery.

Sabastine Enobakhare3 months ago3 months ago02 mins

The Africa Finance Corporation (AFC) has significantly bolstered its commitment to the burgeoning Nigerian energy sector through a substantial investment in the Dangote Petroleum Refinery. This strategic capital infusion, amounting to $2.5 billion, has been channeled via a private share placement, marking a pivotal moment in the financial backing of this monumental industrial complex. This…

Governor Sanwo-Olu has inaugurated the ₦50 billion Agege Fresh Food Logistics Hub in Lagos.

Sabastine Enobakhare3 months ago3 months ago02 mins

A significant advancement in Lagos State’s agricultural infrastructure was marked on August 13, 2026, with the official commissioning of the expansive Agege Mid-Level Agro-Produce Hub. As reported by Punch Newspapers, Governor Babajide Sanwo-Olu inaugurated this 7,000-square-metre facility, strategically located at Pen Cinema in Agege. The hub is anticipated to catalyze substantial economic activity, with projections…

Business

Aradel Holdings plans to start petrol production at its modular refinery in 2027.

Sabastine Enobakhare3 months ago3 months ago02 mins

Aradel Holdings Plc, a prominent indigenous energy company with integrated operations, has announced its strategic intention to commence the refining of petrol at its state-of-the-art modular refinery by the year 2027. This significant decision is a direct consequence of recent policy shifts within Nigeria’s oil and gas sector, specifically the removal of fuel subsidies and…

NAMA enhances airspace monitoring with space-based ADS-B and WAM.

Sabastine Enobakhare3 months ago3 months ago03 mins

The Nigerian Airspace Management Agency (NAMA) is actively undertaking a significant upgrade to its aircraft surveillance capabilities, aiming to usher in a new era of enhanced monitoring and sophisticated management of Nigeria’s vast airspace. This strategic initiative involves the implementation of cutting-edge technologies, specifically Space-Based Automatic Dependent Surveillance-Broadcast (ADS-B) and Wide Area Multilateration (WAM). These…

Leading energy solution providers.

Sabastine Enobakhare3 months ago3 months ago09 mins

The energy sector, long perceived as resistant to rapid transformation, is currently undergoing a profound and accelerated evolution. This outdated perception is rapidly becoming a relic of the past. Driven by a confluence of critical initiatives – including the ambitious pursuit of grid decarbonization, the significant expansion of offshore wind power generation, and the imperative…

Spotify will now identify AI artists masquerading as humans.

Sabastine Enobakhare3 months ago3 months ago05 mins

In a significant move towards greater transparency and authenticity on its platform, Spotify, a titan in the global music streaming industry, has announced its intention to implement a new system for identifying artificial intelligence-generated artist profiles that falsely present themselves as human creators. These new designations, branded as “AI Persona” badges, are slated to begin…

Amidst growing Arsenal transfer speculation, the agent of a Barcelona star has arrived for negotiations.

Sabastine Enobakhare3 months ago3 months ago03 mins

In a development reported by Barca Universal on Thursday, August 13, 2026, Arsenal appear to have made tangible progress in their pursuit of Barcelona’s highly-rated defender, Jules Kounde. This advancement comes after Kounde’s agent was observed visiting the club’s prestigious Joan Gamper training facility, engaging in what are understood to be preliminary discussions. The 27-year-old…

Motsepe outlines how Infantino could be removed from FIFA.

Sabastine Enobakhare3 months ago3 months ago02 mins

Patrice Motsepe, the influential president of the Confederation of African Football (CAF), has firmly asserted that any attempt to remove FIFA President Gianni Infantino from his position must adhere strictly to the established electoral procedures. Motsepe, who also holds the significant role of FIFA vice president, explicitly rejected the recent appeals made by three major…

Bradley Cooper enjoyed his time portraying Mark Zuckerberg.

Sabastine Enobakhare3 months ago3 months ago04 mins

It appears that a rather peculiar and unexpected bond has formed between acclaimed actor Bradley Cooper and tech titan Mark Zuckerberg, despite the two having never actually met in person. Cooper himself has revealed that he has cultivated a sense of closeness with the Meta founder, not through direct interaction, but rather through the immersive…

Femi Kuti argues that the judiciary, not Tinubu, is at fault for his ascension to power.

Sabastine Enobakhare3 months ago3 months ago02 mins

In a report published by Daily Post on Thursday, August 13, 2026, renowned Afrobeat musician Femi Kuti articulated his perspective on the multifaceted challenges plaguing Nigeria. Kuti posited that the nation’s most significant impediments extend far beyond the influence or actions of any single political figure. He asserted that the fundamental issue confronting Nigeria is…

Dele Momodu claims Fadahunsi encouraged others to record him saying something emphatically.

Sabastine Enobakhare3 months ago3 months ago02 mins

Dele Momodu, a distinguished figure within the African Democratic Congress (ADC), has publicly urged Senator Fadahunsi to tender an apology following a contentious statement made in the Yoruba language concerning the Osun governorship election. Momodu indicated that he had reviewed Senator Fadahunsi’s subsequent explanation, wherein the senator reportedly asserted that his original remarks had been…

Sowore claims Adeleke lacks control over the Osun government.

Sabastine Enobakhare3 months ago3 months ago02 mins

Omoyele Sowore, the presidential hopeful for the African Action Congress in the 2027 general elections, has publicly voiced serious concerns regarding the gubernatorial leadership in Osun State. During a recent appearance on the breakfast program of News Central TV on Thursday, Sowore asserted that Governor Ademola Adeleke is not exercising full autonomy over the functions…

Nigeria and other nations’ prize money ahead of the WAFCON final revealed.

Sabastine Enobakhare3 months ago3 months ago02 mins

In a significant move to bolster the Women’s Africa Cup of Nations (WAFCON), the Confederation of African Football (CAF) has dramatically doubled the championship’s top prize. The winners will now receive a substantial $2 million, a considerable leap from the previous $1 million awarded. This exciting announcement arrives just as the tournament’s final is set…

Mikel Arteta has confirmed Arsenal is actively seeking new signings, with Bruno Guimaraes having featured in a friendly against Como.

Sabastine Enobakhare3 months ago3 months ago03 mins

Arsenal manager Mikel Arteta has publicly confirmed that the North London club is actively engaged in the pursuit of new player acquisitions as the summer transfer window progresses and takes shape. This significant announcement arrives on the heels of a notable event: the appearance of midfielder Bruno Guimaraes in Arsenal’s pre-season friendly match against Como….