Author: Prima News
Dangote Cement Plc delivered a strong financial performance in the first half (H1) of 2026, reporting double-digit growth in revenue, profit and sales volumes as improved operational efficiency, stronger export activity and higher demand across key markets boosted earnings. According to the company’s unaudited results for the six months ended June 30, 2026, group revenue […] The post Dangote Cement Grows H1 Profit by 23% as Revenue Tops N2.5 Trillion appeared first on Investors King. Source link
In a move to provide a new financing solution to the Nigerian oil and gas service sector, and accelerate local content growth, the Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) on Friday in Lagos inaugurated the Investment Committee of the Nigerian Content Equity Fund (NCEF) – a groundbreaking $100 million financing product designed to avail long-term financing to service companies and provide access to funds in exchange for equity rather than traditional debt instruments. The committee was inaugurated by the Executive Secretary of NCDMB, Felix Omatsola Ogbe, setting the stage for the rollout of…
The Ebonyi State Police Command has reaffirmed the directives of the Inspector-General of Police (IGP), charging officers and men to uphold professionalism, discipline, accountability, and respect for the fundamental rights of citizens. The Commissioner of Police, Ebonyi State Command, CP Hope Urunwa-Okafor, gave the charge at the weekend during a strategic meeting with Heads of Departments, Area Commanders, Divisional Police Officers, and other senior officers following the Inspector-General’s meeting with the Strategic Management Team of the Nigeria Police Force. According to the Police Public Relations Officer, SP Joshua Ukandu, the meeting focused on communicating the IGP’s operational directives and reinforcing ethical policing…
Team Nigeria finished the 2026 Commonwealth Games in Glasgow as Africa’s highest-ranked nation after winning 24 medals. Nigeria ended the Games in seventh place on the final medal table with 10 gold, seven silver and seven bronze medals. The performance saw Nigeria finish ahead of several traditional sporting nations, including Jamaica, Wales, Malaysia and South Africa. However, Nigeria’s overall medal haul was lower than its performance at the 2022 Commonwealth Games in Birmingham, where the country won 35 medals. The 24 medals in Glasgow represent a drop of 11 medals, while the 10 gold medals were also two fewer than…
In the frontline village of Bezruky which sits in the Kharkiv region – just half an hour’s drive from the Russian border – the local school took a direct hit early in the war and shut its doors. Tanks rolled past close enough to hear.Rebuilt windows and a reinforced structure brought it back. The basement became something else entirely; a shelter, then a gallery. © UNOPS/Veronika Yaresko A boy sists in a renovated classroom in Ukraine. More than 15,000 children in the region are back in classrooms because of the project, run by the UN’s field agency for infrastructure and…
Today’s NYT Connections: Sports Edition puzzle was a fun one for me, as a Seattle Seahawks fan. If you’re struggling with the puzzle but still want to solve it, read on for hints and the answers. Hints for today’s Connections: Sports Edition groups Yellow group hint: This is how we roll. Green group hint: Capital of Georgia. Blue group hint: He’s #14. Purple group hint: Body part hidden in each word. Answers for today’s Connections: Sports Edition groups Yellow group: Things with wheels. Green group: Atlanta teams. Blue group: Associated with Sam Darnold. Purple group: Ends in a part of…
Catholic Seminarian Kelvin Ochai has regained freedom after abduction in Benue state. NewsOnline Nigeria reports that the Catholic Diocese of Otukpo in Benue State has confirmed the safe release of its seminarian, Kelvin Ochai, days after he was abducted by gunmen in Asa III, Otukpo Local Government Area of the state. The confirmation was contained in a statement issued on Saturday by the Chancellor of the Catholic Diocese, Very Rev. Fr. Joseph Itodo. According to the diocese, Ochai escaped from the custody of his abductors on Friday, July 31, 2026, and successfully made his way to Aliade in Gwer East Local Government Area…
Seplat Energy Plc has signed a binding agreement to sell a 10 percent working interest in its joint venture with the Nigerian National Petroleum Company Limited (NNPC Limited) for approximately $281.6 million, a transaction that will strengthen its balance sheet, reduce debt and support enhanced shareholder returns. The agreement, executed through Seplat Energy Offshore Limited […] The post Seplat Energy to Sell 10% JV Stake to NNPC for $281.6 Million, Plans Special Dividend appeared first on Investors King. Source link
Businessman Farooq Oreagba, popularly known as Mr. Steeze, has reflected on the highs and lows of his financial journey, revealing that he went from being a dollar millionaire at the age of 30 to working as a labourer in England just five years later after losing his banking job. Oreagba made the revelation during an appearance on Ebuka Obi-Uchendu’s MENtality show, co-hosted by Banky W, where he spoke about wealth, materialism and the importance of life over money. During the conversation, Oreagba posed a hypothetical question to Ebuka to illustrate his belief that life is more valuable than any amount…
Former Super Eagles striker Victor Anichebe is reportedly leading a bid to take over English League One club Bromley. According to a report by The Sun, the former Everton forward is at the centre of talks with Bromley’s majority owner, Robin Stanton-Gleaves, over a possible takeover. Bromley are preparing for their first-ever season in League One after securing two promotions in the last three seasons. The club is expected to need major investment as it prepares to compete in the third tier of English football. Anichebe, 38, spent more than a decade playing at the highest level in England. He…
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