Author: damazah@gmail.com

Nigeria’s top anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), has recovered $60 million from indigenous oil and gas firm Nestoil Limited. This breakthrough could advance efforts to resolve the protracted debt crisis between the energy company and a consortium of lenders. Those familiar with the matter told PREMIUM TIMES that at a meeting facilitated by Olanipekun Olukoyode, the agency’s chief, Nestoil and a group of banks agreed to a structured repayment plan as part of an effort to recover the debt owed by the company to the lenders. Our findings show that the engagement between the two parties…

Good morning. To international onlookers, Pedro Sànchez appears to have achieved the impossible. Where other European leftist and left-ish premiers have flopped and flailed, the Spanish PM has endured.Since June 2018, Sánchez has ruled from Madrid, implementing a raft of progressive policies. More recently, he has emerged as a leading, and often lone, left-wing European voice on the global stage, striking a defiant tone on everything from the Trump administration’s war in Iran (“the smokescreen of war to hide their failure”) to Israel’s actions in Gaza (“exterminating a defenceless people”). The fact that the international press has nicknamed him El…

Kayode Tokede The market value of BUA Foos Plc, MTN Nigeria Communications Plc and 11 other blue-chip firms on the Nigerian Exchange Limited (NGX) decreased by N3.7 trillion last week, the worst performances in recentl history.  On the back of the decline, the market capitalisation of the NGX to dropped by 1.19 per cent in its Week-on-Week (WoW) performance to N156.624 trillion from N158.513 trillion it opened for trading. Also, the NGX All-Share Index, which mirrors the direction of the market declined by 1.2 per cent or 2,954.40 basis points WoW to close at 242,619.20 basis points.  Capital market analysts attributed…

Meta CEO Mark Zuckerberg published a 6,500 word essay this week declaring that “The Future is for Everyone” and painting an optimistic picture of a future powered by AI, where “everyone will have an exceptionally capable personal agent that understands you, your goals, and everything you care about.” On the latest episode of TechCrunch’s Equity podcast, Kirsten Korosec, Rebecca Bellan, and I discussed why not everyone is buying Zuckerberg’s vision — including our colleague Russell Brandom, who wrote that the manifesto is “exactly why people don’t like AI.” Comparing Zuckerberg to Anthropic CEO Dario Amodei (who spent the weekend pushing…

Most people received the blaring alert at 19:00 BST on Friday – and it came as a surprise given the government had not told people it was coming, as it has done for tests of the system.The notification, which cautioned against the use of disposable barbecues, naked flames or fireworks, was the biggest use yet of the emergency alert system and Prime Minister Andy Burnham urged the public to take it “seriously”.A Cabinet Office press release, posted to their website at about 18:45 on Friday, was missed by many in the media, which meant there was little warning to the…

Josh WeinfussAug 17, 2026, 12:40 AM ETCloseJosh Weinfuss is a staff writer who covers the Arizona Cardinals and the NFL at ESPN. Josh has covered the Cardinals since 2012, joining ESPN in 2013. He is a member of the Pro Football Writers of America and a graduate of Indiana University.Multiple AuthorsPHOENIX — For more than 30 minutes after the Phoenix Mercury’s 88-85 loss to the Portland Fire, Diana Taurasi held court.On the same slab of hardwood where she won one of her three WNBA titles, scored her 10,000th point and dazzled fans for 20 seasons, Taurasi reflected on her career…

Bob Iger is having a big week. Just days after it was revealed that the former Disney CEO was joining investor Joshua Kushner to buy the Los Angeles Lakers, Iger was honored as a Disney Legend at the company’s D23 fan event on Sunday. He joined a class that included Chris Berman, Jerry Bruckheimer, Susan Egan, Eric Goldberg, Anne Hathaway, Kim Irvine, Dwayne Johnson, the Jonas Brothers, Lin-Manuel Miranda and Alan Tudyk, in a ceremony at the Honda Center in Anaheim. A number of big names also came out to support the exec, with Al Michaels, Diane Sawyer, Ellen Pompeo,…

More women will die if ministers include domestic abusers in the early prison release scheme, the parents of a woman murdered by her partner shortly after he was freed have warned.Michaela Hall, a 49-year-old charity worker, was killed in her home in Cornwall, by Lee Kendall in 2021 two weeks after he was released from prison, where he had been serving a sentence for assaulting her.The Probation Service incorrectly assessed Kendall as medium risk, despite the fact he had strangled Hall, threatened her with weapons and police had received 34 pieces ofintelligence about his abuse against her.At an inquest into…

Hayden Panettiere, the actor known for her roles in television shows such as Heroes and Nashville, has died at the age of 36.Panettiere’s death was confirmed in a statement from her representative to the Guardian on Sunday night, after it was first reported on US network ABC News. No cause of death was given.“It is with profound sadness that we share the tragic passing of our beloved Hayden. She was an incredible light and a force of nature who brought immeasurable love and joy to all who knew her — and to the millions who watched her onscreen,” her father,…

By Yinka Kolawole India-Nigeria bilateral trade rose by 26 per cent to about $9 billion in 2025–26, from $7.13 billion recorded in 2024–25, as economic ties between both countries deepen beyond oil and commodities into manufacturing, healthcare, energy, technology and job creation. The Indian High Commissioner to Nigeria, Abishek Singh, disclosed that more than 200 Indian companies currently operate in Nigeria and have created nearly 100,000 jobs, making Indian businesses the second-largest employers of Nigerians after the Federal Government. The expanding corporate presence also signals a shift from an export-driven relationship towards local production. Indian companies are increasingly establishing manufacturing and…