November 2025 – Page 235

Trump Designates Nigeria ‘Country Of Particular Concern’ Over Alleged Christian Genocide

01.11.2025

President of the United States of America, Donald Trump, yesterday announced that he is designating Nigeria as a “country of particular concern,” citing alleged killings of Christians. Trump said Christianity faces a threat in Nigeria and that he was adding the country to a State Department watch list, which includes China, Myanmar, North Korea, Russia,...

Why Dangote refuses to buy moribund NNPC refineries

01.11.2025

The President of the Dangote Group, Alhaji Aliko Dangote, has rejected suggestions that he could buy one of the moribund government refineries instead of expanding the capacity of his refinery from 650,000 barrels per day to 1.4 million bpd. Dangote stated this recently while announcing the expansion of the $20bn facility in Lekki, Lagos State....

Nigeria secures $500m for solar manufacturing plants

01.11.2025

The Federal Government, in partnership with state governors and private investors, has secured nearly $500m to establish solar manufacturing plants across Nigeria, the Minister of Power, Adebayo Adelabu, has disclosed. Adelabu made this known at the ongoing Nigeria Energy Conference in Lagos, where he also announced that Nigeria had begun exporting locally manufactured solar panels...

Business

Oando’s profit after tax surges 164% in Q3 2025 results

01.11.2025

Indigenous energy group, Oando PLC, has recorded a 164 per cent increase in Profit After Tax at the end of the third quarter, which rose to N210bn from N76bn in the same period of 2023. This was indicated in a statement from the firm on Thursday, following the release of its unaudited results for the...

ASSBIFI decries high rate of casualisation in banks

01.11.2025

The Association of Senior Staff of Banks, Insurance and Financial Institutions on Thursday raised the alarm over the rising rate of casualisation in Nigeria’s banking and financial institutions. According to Olusoji Oluwole, National President of ASSBIFI, approximately 60% of the operational workforce in banks today consists of contract staff. Speaking during the annual conference of...

The Alternative Bank & Utiva offer women in tech scholarship

01.11.2025

The Alternative Bank has announced the launch of The Alternative Bank-Utiva Women in Tech Scholarship, an initiative designed to empower women entrepreneurs with digital skills, innovation design, and business growth training. In a statement, it was revealed that the scholarship was unveiled during a virtual convening held to commemorate the International Day for Rural Women....

Experts Call For Policy Reforms To Unlock Women’s Economic Power Experts Call For Policy Reforms To Unlock Women’s Economic Power

01.11.2025

Experts, advocates and media professionals recently gathered to discuss how to unlock women’s economic power in Nigeria. The conversation spotlighted an urgent need to recognise, value, and structure the care economy as a cornerstone for national productivity and women’s empowerment. , Opening the session, Adeola Alli, a multi-licensed pharmacist and founder of One Health, a...

Indonesia Investors To Stake Fresh Investments In Nigeria, Target Non-oil Sector

01.11.2025

The Indonesian Ambassador-designate to Nigeria, Bambang Suharto, has disclosed that Indonesian investors are targeting fresh opportunities in Nigeria in 2026, across various sectors, including Oil and Gas, Agri- culture, Health, Manufacturing, Renewable energy, Mining, and the Fintech / digital economy. This, he said, is in a bid to boost the volume of bilateral trade between...

Independent Power Supply, My Greatest Achievement, Says Tasued Vc

01.11.2025

The Vice Chancellor of Tai Solarin Federal University of Edu- cation (TASUED), Ijagun, Ogun State, Professor Oluwole Banjo has said that the provision of independent power supply in the institution is his greatest achievement as the Vice Chancellor of the institution. Banjo, who was addressing the press on yesterday having served five-year tenure as VC,...

Dapo Abiodun Appoints Odulaja As Chairman, Institute Of Technology

01.11.2025

Ogun State Gover- nor, Prince Dapo Abiodun, has ap- pointed the Lapo-Ekun of Ijebu Ode, Chief Tunde Odulaja, as the Chairman of the Governing Council of Ogun State Institute of Technology, Igbesa. The appointment, which has taken effect since Mon- day, 27th October, 2025, was conveyed to Odulaja via a letter signed by the Secretary...