PRESIDENT and Chief Executive of Dangote Industries Limited, Aliko Dangote, has reaffirmed his commitment to making the ongoing Initial Public Offering (IPO) of Dangote Petroleum Refinery a truly “People’s IPO,” assuring retail and small investors that they will receive priority allocation should the offer become oversubscribed Dangote said, the offer was deliberately structured to broaden ownership of one of Africa’s most strategic industrial assets and provide millions of Nigerians with an opportunity to participate directly in the refinery’s growth and future value creation. The IPO is designed to deepen financial inclusion and democratise wealth creation by opening ownership to a…
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A TOP Iranian security official on Tuesday said that Iran would not negotiate with the United States until its conditions were met. Mohsen Rezaei, Secretary of Iran’s Supreme National Security Council, made the remarks in a post on X in response to U.S. President Donald Trump’s comments on Monday. Trump said Tehran wanted to reach a deal “quickly and badly” and that Washington could resume negotiations with Iran. “The failing Nation of Iran wants to make a deal, quickly and badly,” Trump wrote on Truth Social. Rezaei urged Iranians not to be distracted by what he described as Trump’s mixed…
PARENTS in the Federal Capital Territory (FCT) have raised concerns over rising tuition fees and additional charges imposed by private schools following resumption for the 2026/2027 academic session. The parents spoke in separate interviews with the News Agency of Nigeria (NAN) on Tuesday in Abuja. They said the development was placing additional financial pressure on families already struggling with the rising cost of living. A parent, Mrs Amaka Ogbu, who has two children at Bloomfield Academy, Lugbe, Abuja, said the new fees had created financial difficulties for her family. Ogbu said she was surprised by the increase in tuition and…
Protest Spreads To Lagos As Workers, Parents Clash With KCOBA Members By Our Reporter, With Agency Reports THE DISPUTE over the proposed concession of King’s College, Lagos, to the King’s College Old Boys Association (KCOBA) escalated on Tuesday as unions rejected the suspension of their industrial action by the Trade Union Congress (TUC), while alleging that KCOBA members, accompanied by police officers, forcibly took control of the school premises. Police personnel at King’s College Lagos on Tuesday The unions, under the auspices of the Joint Workers Council of the Federal Ministry of Education, staged a protest at the ministry’s headquarters…
Labour Party Disowns Arabambi By Our Reporter, With Agency Reports PRESIDENTIAL candidate of the Nigeria Democratic Congress (NDC), Mr Peter Obi, has authorised the University of Nigeria, Nsukka (UNN), and other academic institutions he attended to release his academic certificates and records to anyone making a legitimate request. Obi gave the authorisation in a statement made available to newsmen in Awka on Tuesday by his media aide, Mr Valentine Obienyem. The development comes amid renewed scrutiny of the former Anambra governor’s academic credentials following a suit filed against UNN, the West African Examinations Council (WAEC) and the National Youth Service…
THE NATIONAL Parent Teacher Association of Nigeria (NAPTAN) has called for the suspension of the Federal Government’s concession of King’s College, Lagos. NAPTAN Secretary-General, Ibrahim Yau-Nabayi, made the call while reacting to the controversy surrounding the concession of the school. The secretary-general stated this in a telephone interview with the News Agency of Nigeria (NAN) on Tuesday. Yau-Nabayi said the association was shocked that parents and other critical stakeholders were neither consulted nor informed before the concession arrangement. He said concession was not necessarily a bad idea, but its modalities, implications, and benefits to Nigerian children must first be clearly established.…
MINISTER of Federal Capital Territory (FCT), Mr Nyesom Wike, has reiterated his Rainbow Coalition’s support for the re-election of President Bola Tinubu in the 2027 elections. Wike gave the assurance in a statement issued by his Senior Specialist Assistant on Public Communications and Social Media, Mr Lere Olayinka, in Abuja on Tuesday. He said that his support for Tinubu was being channelled through the coalition, a multi-party platform he initiated to galvanise support for Tinubu. The News Agency of Nigeria (NAN) reports that the minister’s comments followed a warning by state governors elected under the platform of the ruling All…
PHILIP Agbese, Representative for Ado/Okpokwu/Ogbadibo Federal Constituency of Benue, has floated a new political network tagged `Renewed Hope Labourers Network’ (RHOLAN), to support the re-election of President Bola Tinubu in 2027. Agbese, a serving Labour Party member in the House of Representatives said the organisation was a cross-party platform of visionary politicians and activists backing President Tinubu’s re-election bid. In a statement on Tuesday in Abuja, Agbese said the group’s central mission was to mobilise people at the grassroots, especially those commonly referred to as labourers across Nigeria for the re-election of President Tinubu. Agbese, the founder and Director-General of…
THE NASARAWA State Government has appealed to the Academic Staff Union of Universities (ASUU), Nasarawa State University, Keffi (NSUK), to call off its ongoing strike, assuring the lecturers of its commitment to paying outstanding earned allowances. The government said its commitment remained firm despite the absence of a formal written agreement on the payment of the arrears. Mr Labaran Magaji, the Secretary to the State Government (SSG), made the appeal on Tuesday in Lafia when he received the leadership of NSUK Alumni Association, led by its National President, Mr Nuhu Egya. Magaji, who served for six years on the NSUK…
GLOBAL nuclear power capacity could more than triple by 2060, the International Atomic Energy Agency (IAEA) has said. The agency said countries were increasingly turning to nuclear energy to meet rising electricity demand and strengthen energy security. IAEA Director General Rafael Grossi disclosed this at the agency’s 70th General Conference in Vienna, where he highlighted the growing importance of nuclear energy in the global transition toward more secure and reliable power systems. Grossi said the renewed interest in nuclear power was not limited to traditional energy needs, noting that nuclear energy was also increasingly being considered for emerging sectors, including…