PDP will overcome its challenges – Damagum

 A former National Chairman of Peoples Democratic Party (PDP), Umar Damagum, has assured that the party will surmount its current challenges. Damagum gave the assurance during a formal handover to the new National Working Committee (NWC) of the party in Abuja on Tuesday. According to him, in spite of the current challenges, the future of […]
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Reps demand remittance of N30b NSIPA recovered funds to TSA

 The House of Representatives has called for the remittance of over N30 billion recovered from the presidential inquiry into the financial infractions on National Social Investment Programme Agency (NSIPA) fund to the Treasury Single Account (TSA). Recall that the resolution was arrived at, following a motion of urgent national importance moved by Rep. Saidu Abdullahi […]

FG sets up $100m equity investment scheme to support Nigerian oil companies

NCDMB, BOI sign deal By Obas Esiedesa, Abuja The Federal Government has launched a $100 million equity investment scheme aimed at boosting the capacity of Nigerian companies operating in the oil and gas sector. The initiative was unveiled on Tuesday at the 2025 Practical Nigerian Content Forum in Yenagoa, Bayelsa State, by the Executive Secretary […]

Prada completes acquisition of flashy rival Versace

Italian fashion group Prada announced on Tuesday it had completed its acquisition of smaller rival Versace, announced earlier this year for 1.25 billion euros (now $1.45 billion). Prada Group said in a statement that the deal with Capri Holdings, the US group which owned Versace, had “received all required regulatory clearances”. Lorenzo Bertelli — the […]

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