Stock futures were mixed on Sunday as investors weighed the impact of the escalating Israel-Iran conflict that shows no signs of any potential off-ramps ahead. Oil prices jumped after Israel attack key areas of Iran’s energy infrastructure over the weekend, while Tehran said closing off the Strait of Hormuz was under serious consideration. Fed policymakers…
The US Department of Education is pushing to strip workplace protections for pregnant or LGBTQ staff, telling its employee union the policies must be changed to conform to President Donald Trump’s executive order on “defending women from gender ideology extremism.” In a May 9 email viewed by Bloomberg News, the agency invited the union to negotiate over…
The new Group Chief Executive Officer of NNPC Ltd, Mr Bayo Ojulari, has met with the company’s staff, pledging to pursue its bold ambitions and transform NNPCL into a source of pride for all Nigerians. In a town hall meeting held at the NNPCL Towers in Abuja, Ojulari said it was a huge honour and…
The National Pension Commission (PenCom) has revealed plans to deploy a new marketing strategy into its Micro Pension Plan (MPP) to onboard 20 million on the scheme before the end of 2026. The commission’s Director General, Omolara Oloworaran, said this in a presentation at the PenCom Media Conference in Lagos.The new DG, who took…
The Bauchi state government says it will train 102,811 girls in livelihood skills, to enhance women and girls social and economic development. The programme would be implemented under the World Bank funded Adolescent Girls Initiative for Learning and Empowerment (AGILE) project. Maryam Mohammed, the Director, Syndicate in Supporting Women & Children Initiative (SISWACHI), an…
As the January 2025 transfer window progresses, reports of the possible player targets for Pep Guardiola’s Man City have surfaced online. Following a shaky conclusion to the first half of the 2024/2025 club football season for Man City, Pep Guardiola’s side is expected to take a deep dive into the January transfer window in search…
A recent review of select Nigerian states’ budget performance revealed that none of them achieved a 60% budget performance rate between January and September 2024 (Q1 – Q3). This underwhelming performance comes at a time when states are preparing to implement substantial budgets for the 2025 fiscal year. Katsina state, for instance, had allocated N481.7…
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The UK government has announced a consultation on its zero emission vehicle targets, following complaints from carmakers that the current regime could lead to job cuts as demand for electric vehicles stalls. Transport secretary Heidi…
Copley Acquisition, a special purpose acquisition company (SPAC) backed by Hong Kong-based investment firms Pacific Aegis Capital Management (PACM), Gobi Partners and Hermitage Capital, plans to raise US$150 million on the New York Stock Exchange (NYSE). The SPAC priced its initial public offering (IPO) of 15 million units at US$10 each, according to its filing…
LAGOS: Nigerian Aviation Handling Company (NAHCO) Plc has set a N300 billion total Group revenue target within the next five years. Group Executive Director, International Business and Corporate Services of NAHCO, Dr. Sola Obabori stated this at the company’s ‘bell ringing and facts behind the figures’ held yesterday on the floor of the Nigerian Exchange…
