Author: Ogochukwu Ndubuisi

Fidelity Bank, Oborevwori’s NGO Empower 500 Delta Women Fidelity Bank Plc, in partnership with the You Matter Foundation, a pet project of the Wife of the Delta Governor, Mrs Tobore Oborevwori, on Tuesday, donated N40 million to 400 market women in the state. Another set of women also received 50 sewing machines and 50 grinding machines as an empowerment package. The 500 beneficiaries were selected from the 25 Local Government Areas of the state. The gesture formed part of the bank’s Corporate Social Responsibility, under the Fidelity Helping Hands Programme (FHHP) and Give Her Power (GHP) initiative. In a keynote…

Tinubu Pitching Nigeria’s Business Case to Africa – Presidency President Bola Tinubu remains committed to fast-tracking Nigeria’s development through reforms and positioning the country as a leading destination for continental and global investment. Mr Sunday Dare, Special Adviser on Media and Public Communications to the President, made this known on Wednesday in a statement ahead of Tinubu’s participation at the Africa CEO Forum 2026 in Kigali, Rwanda. The statement, titled “In Rwanda, Tinubu Pitches the Nigerian Business Case to the Rest of Africa,” described Kigali as the stage for one of the administration’s most significant investor engagements since assuming office.…

UN Warns Against Global Sand Shortage, Pushes for Alternatives The UN says humanity is extracting sand and gravel faster than nature can replenish it, warning that sand is not an endless resource. This is contained in a new UN Environment Programme (UNEP) report, “Sand and Sustainability: An Essential Resource for Nature and Development”. UNEP said surging global demand for sand, driven by population, economic, urbanisation and infrastructure growth, is outpacing sustainable sand supply, threatening the ecosystems and livelihoods on which we depend. The UN agency decried the sand dilemma, saying “we depend on ‘dead’ sand for infrastructure and ‘alive’ sand…

Nairobi Securities Exchange (NSE) All-share index (ASI) climbed on Tuesday, supported by investors’ appetite for Shri Krishana, Kenya RE, Co-op Bank, Sanlam and Eaagads stocks in the local bourse.

The equities segment of the Nigerian Exchange (NGX) maintained its winning streak, posting N1.36 trillion in capital appreciation. 

The naira fell against the US dollar at the Nigerian Foreign Exchange Market (NFEM) window for the third consecutive trading session amid growing FX payments from eligible market participants.

Nigerian Exchange (NGX) expanded further on Tuesday, with investors gaining N1.36 trillion as pension funds continued to flood the local bourse.

Dr Olumide Olusanya, the Chief Executive Officer of Gloopro, says Nigeria risks falling behind globally if businesses fail to embrace digital procurement transformation and structured supply chain systems.

The Lagos State Government says its 2026 N4.444 trillion “Budget of Shared Prosperity” is designed to deepen infrastructure development, economic diversification, housing delivery and inclusive social growth across the state.

Iran Defines Strait of Hormuz as Far Larger Zone, IRGC says Iran has expanded its definition of the Strait of ​Hormuz into a “vast operational area” far wider than before the Iran war. Mohammad Akbarzadeh, a deputy political director ​of the Islamic Revolutionary Guard Corps (IRGC) Navy said this on Tuesday. According to him, the strait is no longer viewed as a narrow stretch around a handful of islands but instead has been greatly ​enlarged in scope and military significance. “In the past, the Strait of Hormuz was defined as a limited area ​around islands such as Hormuz and Hengam,…