November 2025 – Page 196

Transcorp relocates four turbines to Delta to boost power

05.11.2025

Transnational Corporation Plc has revealed that it has relocated four of its eight turbines from Afam in Rivers State to Delta State to increase power generation following gas supply constraints. This was disclosed by the President/Group Chief Executive Officer of Transcorp, Dr Owen Omogiafo, during the company’s third-quarter investors’ call on Tuesday. The PUNCH reports...

US Military Threat: China Declares Support For Nigeria, Opposes Trump

05.11.2025

One of the world’s powerhouses, China has called on the international community to respect Nigeria’s sovereignty following a threat of military action from the United States (US). The Chinese Government reaffirmed its support for President Bola Tinubu’s administration, praising Nigeria for pursuing a development path that reflects the country’s unique national realities. Foreign Ministry Spokesperson,...

How Nestlé is leading plastic recycling in Nigeria

05.11.2025

Nestlé Nigeria Plc has reaffirmed its commitment to building a circular economy through an ambitious nationwide plastic recycling drive aimed at tackling waste pollution, promoting environmental sustainability, and unlocking new economic opportunities for local communities. The company outlined its efforts in an article titled “Building a Circular Nigeria: How Private Sector Collaboration is Transforming Plastic...

Nigeria Moves To Test Investors’ Appetite With $2.3bn Eurobonds

05.11.2025

Nigeria is planning to sell $2.3 billion in eurobonds as soon as this week, testing investor appetite for the debt, days after US President Donald Trump threatened military action against Islamist militants in the country and sparked a selloff, Bloomberg reported yesterday. Citing people with knowledge of the matter, who asked not to be identified...

NEMSA orders repair on faulty power lines in Nigeria

05.11.2025

The Nigerian Electricity Management Services Agency has intensified nationwide inspection, testing, and certification exercises to ensure electrical safety and reliability across the country, in line with its renewed enforcement drive under the Electricity Act 2023. In a statement issued on Tuesday in Abuja by the Head of Communications and Protocol, Ama Umoren, the agency disclosed...

Arabinrin Aderonke Atoyebi honoured as sports role model

05.11.2025

Nigeria’s Arabinrin Aderonke Atoyebi has been recognised as the International Sport and Culture Association Role Model of the Year in Copenhagen, Denmark, according to a statement released on Tuesday. The award celebrates her work in using sports to promote empowerment and social inclusion. The biennial ISCA Awards honour individuals and organisations that leverage sports and...

Wema Bank rewards teachers with N4.5m in prizes

05.11.2025

Wema Bank has rewarded the winners of its 2025 Wema At 80 Teachers Day Campaign with N4.5m worth of prizes. In a statement on Tuesday, the lender said that the award ceremony was held at its headquarters in Marina, Lagos. The event, themed “Celebrating Teachers with a Legacy of Impact”, was an initiative that recognised...

Meta Deepens Community Engagement Through Facebook Lounge In Lagos

05.11.2025

Meta, through its flagship platform Facebook, has reinforced its commitment to creativity, community and connection at this year’s Lagos Fashion Week, hosting its first-ever Facebook Lounge experience. The three-day activation created an immersive environment that brought together young adults, designers, creatives, and fashion enthusiasts to explore new forms of expression and digital engagement. Speaking on...

FG seals $500m World Bank loan for Nigeria agriculture

05.11.2025

The Federal Government has secured a $500m loan facility from the World Bank to accelerate growth across Nigeria’s agricultural value chains, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda for food security and rural industrialisation. This was disclosed in a statement signed by the Head of the Department of Information at the Ministry...

Nigerian summit to address child online safety in 2025

05.11.2025

The Nigerian Communications Commission and the National Information Technology Development Agency are partnering with the Ndukwe Kalu Foundation to host the 2025 edition of the Child Online Safety Protection and Reporting of Abuse Summit, a flagship national event focused on child protection in the digital space. Themed “Empowering Digital Citizens: Building a Safer Online Generation”,...