Taiwan plans to establish a sovereign wealth fund and investment platform, aiming to harness its industrial capabilities to expand globally and target key artificial intelligence (AI) markets. President Lai Ching-te announced on Tuesday. Lai highlighted the recent growth of U.S. firms such as Entegris, Micron, Google, AMD and Nvidia in Taiwan, underscoring their impact on…
The Supreme Court of Nigeria has ordered Fidelity Bank Plc to pay an Ibadan based firm Sagecom Concepts Limited the sum of N225 billion bank for breaching court orders and selling encumbered properties to the firm. In a unanimous decision delivered on April 11, 2025, the apex court described Fidelity Bank’s action as an attempt…
Noble laureate, Prof. Wole Soyinka, has stressed the need to promote Nigeria’s local languages and culture in order to drive national development. Soyinka made the call on Monday while answering questions from newsmen after his visit to the Centre for Cultural Studies and Creative Arts, University of Iloirn, as part of activities leading to the…
The Independent National Electoral Commission (INEC) has finally unveiled names of political parties and their candidates cleared to contest the November 8, 2025 Anambra State governorship election. According to the list pasted at the entrance gate of the electoral umpire’s Anambra state headquarters in Awka a total of 15 political parties with names of their…
Speculations over an alleged president and running mate deal between former vice president Atiku Abubakar, and the former Labour Party presidential candidate, Peter Obi, continued Monday as camps of the two political actors gave divergent views on the matter. The camps of the two political leaders stated this in reaction to a report that Atiku…
Dangote Petroleum Refinery & Petrochemicals has assured Nigerians of petrol price stability despite ongoing fluctuations in global crude oil prices. The company emphasised its commitment to maintaining affordable and reliable fuel prices, even as crude prices rise internationally, nothing that despite the fluctuations in global crude oil prices, it has consistently reduced the price of…
The trial of the ex-Managing Director of the Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru, charged with defrauding Arik Air was stalled due to his counsel, Mr Olasupo Shasore’s absence. Kuru and four others are facing charges of N76 billion and $31.5 million fraud, respectively. The other defendants are former Receiver Manager of Arik…
The Oyo State Government says Ladoke Akintola International Airport, Alakia, Ibadan, will begin international flight operations by June 2026. The Commissioner for Information and Civic Orientation, Prince Dotun Oyelade, confirmed this in a statement issued on Monday in Ibadan. Oyelade said the international terminal, currently at 15 per cent completion, is expected to be ready…
Two clerics, Prof. Amidu Sanni, Chief Imam, Lagos State University, and Pastor Charles Ighele of the Holy Spirit Mission Church, Ikeja, have described President Ahmed Bola Tinubu’s presence at Pope Leo XIV’s inauguration mass as a demonstration of religious tolerance. The clerics spoke with the News Agency of Nigeria (NAN) on Monday in Lagos. NAN…
The Nigerian Education Loan Fund (NELFUND) has commenced the disbursement of April 2025 upkeep payments to eligible student beneficiaries across the country. Mrs Oseyemi Oluwatuyi, Director, Strategic Communications in NELFUND disclosed this in a statement made available to newsmen in Abuja on Monday. Oluwatuyi said, while most payments had been successfully processed, a small number…
