By Ogungbayi Adeyemi S. | adeyemi@ddnewsonline.com
Editor, DDNews |
NIGERIA NEWS
Osun APC Denies Filing Petition Against Adeleke
The Osun State APC Governorship Campaign Council has dismissed reports that the party filed a petition challenging Governor Ademola Adeleke’s victory. The council said neither the party nor its candidate, Bola Oyebamiji, instituted the case seen at the tribunal secretariat in Osogbo. They described it as false and mischievous, urging members and the public to disregard the rumour
Dangote Refinery Signs Documents for Landmark IPO
Dangote Petroleum Refinery and Petrochemicals signed offering documents for what advisers say will be Africa’s largest-ever share sale. The IPO is expected to open later this month and close in October. Sharia Adviser and Jaiz Bank Chairman, Mohammed Mustapha Bintube, speaking at the signing ceremony said the refinery is Sharia-compliant and that refining is permissible and not harmful to society
Dangote Sugar Completes Rights Issue Ahead of Group Listing
Dangote Sugar Refinery Plc concluded a major rights issue, raising hundreds of billions of naira. The move is part of the group’s broader capital market plan ahead of the refinery listing and expansion drive.
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Federal Borrowing Surges, Pressuring Private Sector Credit
New data shows Federal Government borrowing from domestic investors rose sharply in the first part of the year. Analysts say credit to government has grown far faster than credit to businesses, raising concerns about crowding out private investment.
INEC Rolls Out New Strategy Ahead of General Elections
The Independent National Electoral Commission unveiled new operational strategies to strengthen logistics and identify challenges ahead of the general elections. The commission also warned politicians that the use of abusive and inflammatory language attracts penalties under the Electoral Act
FG to Ban Unrated Textbooks in Schools
The Federal Government announced that from this month, only textbooks approved and ranked by the Nigerian Educational Research and Development Council will be allowed in primary and secondary schools nationwide. The policy targets substandard materials.
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Lagos Releases Academic Calendar for New Session
Lagos State Government released the school calendar for the new academic session. Resumption is fixed for mid-September. The term will run through December with breaks, and the full session is planned to cover over six months of learning.
Police Academy Screening Commences
The Nigeria Police Academy has commenced screening for candidates of the regular course. The exercise will run for about ten days across designated centers. Applicants were advised to print their examination slips before the screening date
Oyo Police Rescue Children, Confirm Deaths in Trafficking Crackdown
The Oyo State Police Command said it rescued children and arrested several suspects in an intelligence-led operation targeting a child-stealing and trafficking syndicate operating across state lines. The command also confirmed the death of some children while in captivity and said investigations are ongoing.
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FCT Fire Service on Ground for Rescue Operation
Men of the Federal Capital Territory Fire Service were deployed to a scene for rescue operations. Three ambulances were stationed at the location as emergency responders worked to assist victims. Details of the incident are still being compiled.
AFRICA & INTERNATIONAL NEWS
UN General Assembly Adopts New World Map
The United Nations General Assembly voted to adopt a new world map projection that more accurately reflects the size of Africa. The decision sparked global debate on representation, education and geography.
US Envoys Meet Putin in Moscow Over Ukraine War
Two senior US envoys held talks with Russian President Vladimir Putin in Moscow on efforts to end the war in Ukraine. US officials said they are hoping for equally productive meetings in Kyiv next as diplomatic efforts continue.
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Trump Issues Warning to Canadian Aircraft Maker
President Donald Trump warned Canadian manufacturer Bombardier that it would no longer be allowed to sell aircraft in the US unless it moves production to America. The statement has drawn reaction from trade and aviation circles.
Flight Recorders Recovered From Miami Cargo Plane Crash
Investigators recovered the flight recorders from an Amazon cargo plane that crashed at Miami International Airport. The National Transportation Safety Board said the priority remains the recovery of victims while analysis of the data begins.
BUSINESS & ECONOMY
Dangote Refinery Targets Millions of Retail Investors
Dangote Petroleum Refinery is targeting millions of retail investors with its trillion-naira IPO. Transaction advisers said the offer is designed to be the largest retail participation in Nigeria’s capital market history, aimed at broadening ownership.
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Manufacturers Cite Energy Costs as Major Challenge
Nigerian manufacturers say spending on diesel and alternative power sources now takes up a large portion of production expenses. Industry leaders warn this is threatening profitability and making Nigerian goods less competitive.
SPORTS NEWS
D’Tigress Crash Out of FIBA Women’s World Cup
Nigeria’s D’Tigress exited the FIBA Women’s World Cup in Berlin after a heavy defeat to France in their final group game. The African champions had earlier suffered losses to South Korea and Hungary. The result means D’Tigress finished bottom of their group and their campaign ended without a win
Nigeria Pitch Awards Holds 12th Edition in Lagos Today
The Nigeria Pitch Awards holds its ceremony today at Ibis Hotel, Ikeja. The event will honor Nigerian footballers across multiple categories. Ademola Lookman, Victor Osimhen and Calvin Bassey are nominated for King of the Pitch. For Queen of the Pitch, Chiamaka Nnadozie, Esther Okoronkwo and Rasheedat Ajibade are in contention. Governors of Lagos, Ogun and Akwa Ibom are also nominated for Football Friendly Governor
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Historic Boxing Night Announced for Lagos
Balmoral Group Promotions, in partnership with Amir Khan Promotions, announced a world-class boxing event to hold in Lagos on Nigeria’s Independence Day. The event will be broadcast live globally. The card includes Lawrence Okolie fighting in Africa for the first time against Ghana’s Ebenezer Tetteh, and Olympic gold medalist Tony Yoka returning against German contender Patrick Korte
Detty December to Host Heavyweight Double Header
Amir Khan and Balmoral Group have partnered with Detty December to stage a heavyweight boxing show in Lagos later in the year. The event will be part of the month-long cultural festival and will feature top international and Nigerian boxers
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