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Oando Plc has reported a Profit After Tax of ₦204.8 billion for the financial year ended 31 December 2025, driven by stronger oil and gas production, higher trading volumes and the first full-year contribution from the Nigerian Agip Oil Company (NAOC) Joint Venture assets.
Sky has confirmed its £1.6 billion ($2.1 billion) acquisition of commercial free-to-air broadcaster ITV, marking one of the biggest deals in British media in recent years and one that could significantly reshape the UK's sports broadcasting landscape.
Global oil supply recorded its strongest monthly increase in several months, rising by 4.1 million barrels per day (bpd) in June as the recovery of crude shipments through the Strait of Hormuz boosted Gulf production, the International Energy Agency (IEA) said on Friday.
The Nigeria Immigration Service (NIS) has terminated its partnership with OIS Services, ending the company's role as Nigeria's visa application service provider in the United States.
The Federal Government, through the Debt Management Office (DMO), has announced the opening of subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds for July.
The Association of Advertising Agencies of Nigeria (AAAN) has entered into a strategic training partnership with the Red & Yellow Creative School of Business, a Council on Higher Education (CHE)-accredited institution based in Cape Town, South Africa, to help bridge the talent gap in Nigeria’s marketing communications industry.
Meta has unveiled Muse Image, its first image generation model developed by Meta Superintelligence Labs, introducing a new artificial intelligence-powered creative tool designed to help users generate, edit and share high-quality images across the company's platforms.
Comcast-owned Sky has agreed to acquire ITV's broadcasting and streaming business in a deal worth up to £1.6 billion, marking one of the most significant restructurings in British broadcasting as traditional television companies seek greater scale to compete with global streaming platforms.
7-Eleven has filed a lawsuit against Nike, alleging trademark infringement over the sportswear brand’s upcoming Air Max 95 “Big Bubble” sneaker, which the retailer claims uses colourways closely associated with its iconic branding.
BMW has confirmed that its V8 engine will remain part of its long-term line-up, even as the new X5 ushers in a wide range of electrified and alternative powertrains.
The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across the country with immediate effect, in a sweeping regulatory action effective July 1, 2026.
