NewsReports

President of Dangote Industries Limited, Aliko Dangote, on Monday, signed registration documents for the proposed initial public offering of Dangote Petroleum Refinery and Petrochemicals FZE, with the billionaire businessman saying drivers, cooks, traders, servants and managers will have an opportunity to own shares in the refinery. Dangote stated this at the signing ceremony held in Lagos, describing the transaction as …

PORTLAND, Ore. (AP) — Mathew Davis, who lives in a homeless shelter in Austin, Texas, would love an apartment of his own. But with the little money he makes donating blood plasma, even a $450-a-month tiny home with no running water and a communal bathroom would be a stretch. Meanwhile, over 4,500 units the city classifies as affordable — nearly …

Laudable for its attempt at improving the transparency around public finances, the finance ministry’s accounting, sadly, fails to balance a few ledgers. It is tempting to say that the debate over fuel subsidy is back to the fore of public conversation, again. Much thanks is owed for this to former Vice President and presidential candidate of the African Democratic Congress …

  One of the victims, who described his experience at the EFCC headquarters in Abuja, told SaharaReporters that the situation inside the detention facility was particularly disturbing. The Economic and Financial Crimes Commission (EFCC) has come under scrutiny over allegations that it is increasingly being used to pursue private debts and settle civil and commercial disputes, while some suspects are …

The Alternative for Germany (AfD) has surged to first place in state elections in Saxony-Anhalt, winning 44% of the vote. But the anti-immigrant, pro-Russian party fell three seats short of an absolute majority, meaning it must either find a coalition partner or try to rule from a minority position. Both options mean many of their manifesto ideas may never come …

  Aliko Dangote, Africa’s richest man and owner of the 700,000 barrel-per-day (bpd) plant, led the sign-off ceremony in Lagos on Monday. Dangote Refinery has completed the endorsement of the offer documents for its initial public offering, putting it on course to launch the $1.6 billion public equity sale, regarded as Africa’s largest ever, next week. Aliko Dangote, Africa’s richest …

Edo State Governor, Senator Monday Okpebholo, made the declaration on Monday in Benin City while addressing Okaighele from all communities in the seven local government areas in Edo South Senatorial District on the need for stronger collaboration with security agencies to tackle insecurity. Gov Okpebholo assured residents that his administration will protect every life in the state, declaring that no …

Edo State House of Assembly has begun a legislative overhaul of the state’s secondary education system to scrap a 38-year-old Bendel State law and establish a dedicated board for the administration of senior secondary schools. The move, which signals an attempt to bring Edo’s education laws in line with contemporary realities, followed the passage for second reading of a bill …

Germany’s Alternative for Germany (AfD) is heading for a dramatic victory in the eastern state of Saxony-Anhalt, far ahead of its mainstream rivals. Although it is projected to fall short of a majority, the AfD says it has won a mandate to govern. The far-right AfD is on course to win a record 44% of the vote, well ahead of …

The Citizens Security Awareness Initiative (CSAI), a civil society group, has warned against attempts to politicise the Armed Forces, saying such actions could erode public trust in the military. The group in a statement by its Convener, Muktar Sadiq, on Saturday, also dismissed claims linking the Chief of Defence Staff (CDS), Gen. Olufemi Oluyede, to partisan political activities as false …