DANGOTE Petroleum Refinery and Petrochemicals FZE (DPRP) has announced the extension of the application period for its Initial Public Offering (IPO) by two weeks, following approval from the Securities and Exchange Commission (SEC), amid what has become one of the most significant capital market offerings in Nigerian and African history. The IPO, which consists of 4,100,000,000 ordinary shares of US$0.000013 each at N525.00 per share, opened on Monday, September 14, 2026, and was originally scheduled to close on Tuesday, October 13, 2026. The application period will now remain open until Tuesday, October 27, 2026. The extension follows exceptionally strong interest…
Author: National Record
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POPE Leo XIV will be admitted to Rome’s Gemelli Hospital on Tuesday morning, October 13, where he will undergo surgery to remove a “small, localized lung nodule,” requiring changes to his scheduled events, says the Director of the Holy See Press Office. According to the Prefecture of the Papal Household, all of the Pope’s audience have been cancelled due to his hospitalization through Tuesday, October 20. The Pope announced the upcoming operation at Sunday’s Angelus, explaining that the “small, localized nodule” had been discovered during recent medical examinations. Responding to journalists’ questions about the Pope’s health on Monday, Matteo Bruni,…
THE ALL Progressives Congress (APC) has revised its Presidential Campaign Council for the 2027 general elections, appointing Federal Capital Territory (FCT) Minister, Nyesom Wike, Osun State Governor, Ademola Adeleke, and Anambra State Governor, Chukwuma Charles Soludo as campaign coordinators in territories where they are not members of the ruling party. Under the revised structure, Wike will coordinate President Bola Tinubu’s re-election campaign in Rivers State and the FCT, while Adeleke will coordinate the campaign in Osun State and Soludo will oversee campaign activities in Anambra State. The appointments are part of an expanded campaign structure containing serving governors, former governors,…
POWER has been restored to Orozo, Kurudu, Jikwoyi and Karu following an interruption on the Apo–Karu 132-kilovolt (KV) transmission line. The Transmission Company of Nigeria (TCN) disclosed in a statement in Abuja on Tuesday that power supply had been interrupted at about 5:31 p.m. on Monday after the transmission line tripped, resulting in a loss of supply to the Karu substation. The company said its engineers, during a physical inspection of the line, identified a cut jumper on the yellow phase at Tower T2. According to TCN, its maintenance crew carried out urgent repairs on the affected section of the…
By Iduh Onah NIGERIA’s 2027 General Election is already intensely being fought on a battlefield that extends far beyond polling centres. It is a contest over whether citizens will believe the institutions conducting the elections, the politicians seeking their votes, the media reporting the contest and, ultimately, the results that will emerge. Prof Joash Amupitan That was the tension that ran through the 10th Annual Conference of the Guild of Corporate Online Publishers (GOCOP), where three related propositions conflated. First is Dr Olisa Agbakoba, SAN, who framed Nigerians as shareholders in “Nigeria PLC”, with the election serving as an opportunity…
…Asks FG, Agencies To Explain Fuel Subsidy, Crude Pricing To Enable Voters Make Informed Choices THE GUILD of Corporate Online Publishers (GOCOP) has called on the Independent National Electoral Commission (INEC), political parties, security agencies, the media and Nigerian citizens to take concrete steps to restore public confidence in the electoral process ahead of the 2027 general elections. GOCOP said trust would be the decisive factor in the credibility of the elections, stressing that it must be earned through “consistent, verifiable and transparent execution” rather than assumed or demanded. GOCOP made the call in a communiqué issued at the end…
BY LANRE OGUNDIPE A SUPREME Court judgment can change the law in a single afternoon. Changing the conduct of the institutions affected by that judgment may take considerably longer. Between those two moments lies one of the most consequential tests of constitutional government: whether a declaration of legal rights can be translated into a reality citizens can see, experience and verify. Nigeria is confronting that question in the struggle over local government financial autonomy. On July 11, 2024, the Supreme Court delivered its landmark judgment in the suit brought by the Attorney General of the Federation against the Attorneys General…
DAKWA is the kind of community that can easily be overlooked in Nigeria’s digital story. Located along the Zuba–Dei-Dei–Zuma corridor of the Federal Capital Territory, the agrarian community is only about 29 kilometres from Abuja, yet proximity to the nation’s capital has not always translated into access to reliable and affordable internet. For many residents, particularly young people, accessing the opportunities of the digital world meant looking beyond their immediate environment. That is beginning to change. Through the efforts of the Centre for Information Technology and Development (CITAD), the Association for Progressive Communications (APC), Hello World and 48 Percent, a…
BY MAX AMUCHIE THE GUILD of Corporate Online Publishers (GOCOP) has come of age as a leading association of professional journalists who have embraced online publishing in Nigeria. From October 6 to 9, members from different parts of the country converged on Lagos for what turned out to be a memorable 10th Annual Conference. I am grateful to our president, Danlami Nmodu, and our deputy president and chairman of the Conference Planning Committee, Olumide Iyanda, along with all our members for the opportunity to share my thoughts on Wednesday, October 7. My presentation was titled ‘The Sundiata Post Model: Building…
The Arbiter Originally published in December 2021, this article is being republished because its concerns about the rule of law, insecurity, and the fear ordinary Nigerians experience remain relevant today. It serves as a timely reminder of the urgent need to protect citizens, uphold justice, and restore peace and security across the country. OUR CURRENT situation of a glaring failure of the rule of law must disturb any Nigerian who has come of age. The average citizen today lives in fear. When you retire into your house, you pray to God to deliver you from evil marauders who have removed…