The Trade Union Congress of Nigeria (TUC) has declared Comrade Shehu Mohammed-led administration as the only recognised leadership of the Association of Senior Civil Servants of Nigeria (ASCSN), warning Ministries, Departments and Agencies (MDAs), employers and other stakeholders against dealing with rival groups. In a public circular signed by the TUC Secretary General, Comrade Nuhu Toro, the Congress said its position was based on ASCSN’s status as an affiliate of the TUC and the outcome of the union’s delegates conference held at the Airport Hotel, Ikeja, Lagos, on August 12,…
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Dangote Refinery Begins Landmark IPO Today
Dangote Petroleum Refinery & Petrochemicals FZE today announced the commencement of its Initial Public Offering (IPO), marking a historic milestone in Nigeria’s economic development and the evolution of Africa’s capital markets. The offer will be formally launched at a ceremony on the trading floor of the Nigerian Exchange (NGX) in Lagos, bringing to the public, for the first time, an opportunity to own a stake in Africa’s largest refinery and one of the world’s most significant industrial projects. The IPO, which opens today, September 14, 2026, consists of 4.1 billion…
Read MoreFG: Dangote Refinery critical to Nigeria’s $1trn economy vision
The Federal Government has described Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria’s ambition to build a $1 trillion economy, pledging deeper collaboration with the private sector to accelerate industrialisation, job creation, and economic transformation. Minister of State for Industry, Senator John Owan Enoh, made the declaration yesterday after leading a high-level delegation from the Ministry on an extensive tour of the 700,000 barrels-per-day Dangote Petroleum Refinery, Dangote Petrochemicals complex and Dangote Fertiliser Limited in Lagos. The Minister described the integrated industrial complex as one of the most…
Read MoreRecapitalisation: NAICOM Warns Insurers Against Missing July 31 Deadline
Commissioner for Insurance and Chief Executive Officer, National Insurance Comission (NAICOM), Mr. Olusegun Ayo Omosehin, has warned insurance operators that the July 31 recapitalisation deadline is regulatory and not symbolic, urging companies yet to meet the new minimum capital requirements to act with urgency. Speaking on Friday at the investiture of Mr. Akinjide Oluwarotimi-Orimolade as the 53rd President and Chairman of Council of the Chartered Insurance Institute of Nigeria (CIIN) in Lagos, Omosehin said the recapitalisation exercise remained a critical pillar of the Commission’s ongoing reforms aimed at building a…
Read MoreDefamation: Ibrahim Files ₦50 Billion Suit Against Punch, Columnist Over UN Appointment Critique
A major legal battle is unfolding in Nigeria’s media and political landscape after Senator Jimoh Ibrahim filed a ₦50 billion defamation suit against Punch Newspapers and veteran columnist Sonala Olumhense over a sharply critical opinion article questioning his suitability for diplomatic office. The lawsuit follows the publication on March 15, 2026 of Olumhense’s column titled “Jimoh Ibrahim, in broad daylight,” which examined the senator’s record shortly after his appointment as Nigeria’s Permanent Representative to the United Nations by President Bola Ahmed Tinubu. The column, written in Olumhense’s characteristic accountability style,…
Read MoreHospital Faults Chimamanda’s Narrative On Son’s Death
We extend our deepest sympathies to Chimamanda Adichie and family on the demise of their son and acknowledge the profound and unimaginable loss they are experiencing during this deeply distressing time. The loss of a child is beyond words, and we offer our most heartfelt condolences to his parents and the entire family. We find it necessary, for the record, to clarify that some of the reports currently being circulated contain inaccuracies. Our facility is a reputable centre for complex medical care, led by an internationally trained and experienced clinical…
Read MoreKidnappers Overwhelm Esan Land As Traditional Rulers Trade Indigenes For Cow Gifts
Students of Ambrose Alli University and indigenes of Ekpoma have in the last three days taken to the streets in the university community to protest unprecedented invasion by criminals of Fulani extraction, who have been kidnapping students and indigenes with ease. According to reports reaching newsfieldglobal, the once peaceful agrarian and small scale business community has become a shadow of itself as the kidnappers have taken over and making life miserable for everyone even as men and officers of the Nigeria Police Force look the other way. Sources in the…
Read MoreUS Revokes Nobel Laureate, Wole Soyinka’s Visa
The United States of America has revoked the visa of Nobel laureate, Professor Wole Soyinka. Soyinka said on Tuesday that the United States of America had made his entry into the country impossible for now. He disclosed this during a media parley held at Kongi’s Harvest Gallery, Freedom Park, Lagos Island, saying he was unaware of any wrongdoing that could have warranted the revocation. “It is necessary for me to hold this conference so that people in the United States who are expecting me for this event or that event do…
Read MoreCatholic Bishop Resigns Aftet Vatican Uncovers Affairs With 17 Women
A prominent Catholic bishop, Ciro Quispe López, has resigned following a Vatican investigation that uncovered allegations of romantic relationships with at least 17 women, including a nun and a lawyer. López, 51, was regarded as a respected cleric before the scandal erupted. According to The Times, the relationships came to light after tensions among his alleged partners led to a confrontation. One of the women — reportedly a nun — became jealous of another lover, a lawyer, and leaked details of the bishop’s affairs to a third woman, sparking the…
Read MoreNigeria Trails In African Insurance Market Provisional Turnover Ranking
A new report by Atlas Magazine has placed Nigeria in 8th position among top 10 African countries with projected market turnover of $73.42 billion. The estimates by the Magazine put Nigetia’s market share in Africa at 1.4 per cent. The rankings show that the sector is dominated by South Africa, followed by Morocco, Kenya, Egypt, and Algeria. These five countries account for a total market share of 87 per cent in 2024, while the top 10 countries underwrite 93.6 per cent of the continent’s premiums. Other countries listed include Tunisia,…
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