Adidas
13 Mar 2024
Adidas on Wednesday reported a loss in 2023 due to the fallout from the end of its tie-up with Kanye West, but the company insisted it was starting to turn its fortunes around. In late 2022, the German sportswear giant ended its contract with the US rapper, now known formally as Ye, after he triggered…
27 Feb 2024
In a series of Instagram posts and a video on Monday, Kanye West, launched accusations against his former footwear collaborator, Adidas. Kanye, legally known as “Ye”, claimed that the company was selling "fake" Yeezy sneakers without his approval and failing to pay him royalties for the products. The dispute centers around new releases of Yeezy…
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1 day ago
Joseph Aloba, the father of the late Nigerian singer Mohbad, has said that Liam doesn’t look like his son. Joseph Aloba stated this during an interview on Silverbird TV on Friday. Aloba expressed strong doubts about the child’s biological connection to the late artiste. According to him, the child’s features do not bear any resemblance…
1 day ago
Four persons were killed on Friday in a communal clash that occurred at a boundary community linking Akure South and Idanre Local Government Areas of Ondo State. According to sources, indigenes of the two communities had long been laying claim to a disputed territory identified as Gbalegi. The clash comes four days after two persons…
1 day ago
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed optimism regarding the country’s economic recovery, citing increased investor confidence as a positive indicator. Ẹdun, in a recent African Business interview, noted the recent oversubscription of Nigeria’s Eurobond issue, which attracted $9.1 billion, surpassing the $2.2 billion target. "The oversubscription of our…
1 day ago
The Minister of Works, Senator David Umahi, has expressed deep frustration over the state of Nigeria's road infrastructure, citing insufficient yearly budgetary allocations as a major obstacle. Speaking during the 2025 budget defense session before the Senate Committee on Works in Abuja on Friday, Umahi said the funds currently allocated to his ministry are inadequate…
1 day ago
The Edo Governorship Election Petition Tribunal sitting in Benin on Friday admitted 1,004 documents tendered before it by Dr. Asue Ighodalo, the Peoples Democratic Party (PDP) candidate in the election. Recall that the candidate and his party are challenging the conduct of the election as well as the declaration of the All Progressives Congress (APC)…
1 day ago
The Nigeria Security and Civil Defence Corps (NSCDC) has renewed its crackdown on oil theft and pipeline vandalism across the country. In a statement shared on its official social media platform, the agency commended its Special Intelligence Squad for arresting four individuals in possession of two heavy-duty trucks loaded with 94,000 litres of stolen crude…
1 day ago
The Federal Government on Friday reaffirmed its commitment to driving economic growth and transforming the nation’s healthcare system. This comes as the Sir Emeka Offor Foundation (SEOF) has announced a donation of $5 million to the Rotary Foundation to address maternal mortality in Nigeria. Speaking during a courtesy visit by the Chair of the…
1 day ago
Vice President Kashim Shettima on Friday arrived in Maiduguri, the Borno State capital, on a condolence visit to the families of soldiers who lost their lives during a terrorist attack in Damboa. The Vice President is in Maiduguri to extend the condolences of President Bola Tinubu and the federal government to the families of the…
1 day ago
The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed as untrue and warned the public against purported recruitment announcements for the Port Harcourt Refining Company (PHRC) as fraudulent. In a statement issued on 17 January, the company clarified that no separate recruitment process is underway for the Port Harcourt Refinery. Instead, the ongoing recruitment…
1 day ago
The European Union has announced an initial humanitarian assistance of €510 million to Nigeria and other sub-Saharan African countries in 2025. The European Commission said in a statement that “these funds are set to be channelled across West and Central Africa, the Sahel, the Lake Chad basin, North-West Nigeria, Central Africa, the Great Lakes region,…