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Isak Situation Must Be Right for Newcastle – Howe

Newcastle manager Eddie Howe insists that any decision regarding Alexander Isak—whether he stays or goes—must come under the right conditions: benefitting the club, respecting financial rules, and aligning with the player’s fitness and ambition. What We Found Alexander Isak, who has informed Newcastle of his desire to leave, skipped the pre‑season Asia tour citing a thigh injury. Interest has surged from Liverpool and Saudi clubs like Al Hilal. Howe confirmed there's “things going on behind the scenes” and stressed that any outcome must serve Newcastle’s interests. He emphasised his strong relationship with Isak despite stalled talks and no current contract renewal. With Isak under contract until 2028 and Newcastle mindful of Profit and Sustainability Rules (PSR), Howe called the contract situation “slightly more complex,” advising focus on performance and consistency rather than immediate negotiations. Expert InsightHowe has repeatedly praised Isak’s […]

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Aliko Dangote Steps Down as Dangote Cement Chairman, Ikazoboh Takes Over

End of an Era: Dangote Exits Cement Board After Historic Run Africa’s richest man, Aliko Dangote, has retired as Chairman of Dangote Cement Plc, effective July 25, 2025, marking a major transition for Africa’s largest cement producer. 🔑 Key Changes:✔ Emmanuel Ikazoboh (Independent Director) → New Chairman✔ Hajiya Mariya Dangote joins the board✔ Prof. Dorothy Ufot retires "Dangote leaves to focus on refinery, petrochemicals, and government relations." Dangote’s Cement Legacy in Numbers 🏭 Production Powerhouse: 52M metric tons/year capacity across Africa 35.25M tons from Nigeria alone New plants in Côte d’Ivoire (+3M tons) & Itori, Nigeria (+6M tons) 💰 Record Financials (H1 2025): Revenue: ₦2.07 trillion (+17.7% YoY) Profit After Tax: ₦520.5 billion (+174% surge) Exports: Clinker shipments to Ghana, Cameroon up 18.2% 🌍 Pan-African Impact: Top taxpayer (₦402 billion in 2024) Created millions of jobs in construction, logistics Why Dangote Stepped Down 🔧 Strategic Shift: Focus on $20B Dangote Refinery & fertiliser biz Deepen government relations for industrial growth 📈 5-Year Vision: Cement biz now self-sustaining under new leadership Refinery […]

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Court Acquits Michael Nyinaku, Founder of Beige Bank

The Court of Appeal has acquitted Michael Nyinaku, founder and former CEO of the defunct Beige Bank, dismissing all criminal charges—including stealing, fraudulent breach of trust, and money laundering—for lack of sufficient evidence. What We Found The Court of Appeal, in a ruling by a three-member panel led by Justice Emmanuel Ankamah, acquitted and discharged Nyinaku of all charges, stating the prosecution failed to prove dishonesty or criminal intent required for conviction. Nyinaku faced 43 counts, accused of misappropriating over GH₵1 billion (from 2015–2018), transferring depositors’ funds into his companies—even creating fictitious accounts—for personal gain. The allegations included transfers of GH₵448 million, GH₵141 million, and GH₵320 million via fictitious bank accounts linked to him. He had been on bail (initially GH₵200 million, later reduced) since late 2022, with the trial ongoing through several years of proceedings Expert Insight Legal experts emphasize that […]

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White House Rejects WSJ Claim Trump Named in Epstein Files

The Wall Street Journal reports that Attorney General Pam Bondi informed President Trump in May that his name appears multiple times in Justice Department files related to Jeffrey Epstein—suggesting potential association. What We Found WSJ reported Trump was briefed in May by AG Pam Bondi that his name appeared among many high-profile individuals in Epstein-related DOJ files. The mention was described as "unverified hearsay". Reuters corroborates this briefing but notes the White House “sent mixed signals”: initially calling it fake news, but acknowledging it did not deny the reporting outright. White House communications director Steven Cheung condemned the claim, calling it “fake news” crafted by Democrats and the liberal media. Expert Insight Officials clarified that being named in the files does not imply wrongdoing, but was part of a routine briefing on unverified allegations to Trump. This revelation coincides with […]

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Richard Michaels salue les performances du port de Lomé

Mardi, Richard Michaels , nouveau chargé d’affaires des États-Unis à Lomé , a visité le Port Autonome de Lomé (PAL) , où il a exprimé toute son admiration pour l’excellence opérationnelle et l’importance stratégique du port en Afrique de l’Ouest. Lors de sa visite, M. Michaels a qualifié le PAL de hub logistique régional essentiel , soulignant son rôle croissant dans la facilitation des échanges commerciaux au sein de l’Espace Économique Africain (AES) , notamment pour les pays enclavés comme le Mali, le Niger et le Burkina Faso . Il a mis en avant des opportunités prometteuses de coopération entre les États-Unis et le Togo , notamment dans les domaines suivants : Intégration du transport multimodal , Systèmes automatisés de suivi des cargaisons , Déploiement d’équipements portuaires de nouvelle génération , Innovation technologique pour renforcer la résilience de la chaîne […]

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FG Offers ₦80bn Bond Auction for July 2025: Key Details for Investors

July 2025 Bond Auction: Investment Opportunity The Debt Management Office (DMO) has announced an ₦80 billion Federal Government bond auction for July 2025, offering investors: 💰 High-Yield Options:• 19.30% APR 2029 bond (₦20bn offer)• 17.95% JUN 2032 bond (₦60bn offer) 📅 Key Dates:• Auction: July 28, 2025• Settlement: July 30, 2025 Investment Terms at a Glance DetailAPR 2029 BondJUN 2032 BondOffer Amount₦20bn₦60bnTenor5 years7 yearsCoupon Rate19.30%17.95%Minimum Subscription₦5,000₦5,000Interest PaymentSemi-annualSemi-annualMaturity TypeBullet repaymentBullet repayment Why This Auction Matters 📈 Investor Appeal: Attractive yields compared to inflation (22.22% as of June 2024) Semi-annual interest payments provide steady income 🇳🇬 Economic Impact: Funds critical government projects Deepens domestic debt market 💡 Compared to June Auction: 20% reduction from ₦100bn June offer Strong demand seen in previous auction (₦561bn bids for 2032 bond) How to Participate 1️⃣ Eligibility: Open to institutional and retail investors2️⃣ Subscription: Minimum ₦5,000 investment Multiples of ₦1,000 thereafter Maximum ₦50m per bid3️⃣ Process: Submit bids through primary dealer banks Market Context […]

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House of Reps Launches Major Probe Into Nigeria’s Refinery Maintenance, Dangote Dominance

National Assembly Takes On Oil Sector Challenges The House of Representatives Committee on Petroleum Resources (Downstream) has initiated a sweeping investigation into critical issues plaguing Nigeria's oil sector: 🛢️ Failed Refinery Maintenance: Examining Port Harcourt/Warri refinery shutdowns⚖️ Market Competition: Probing Dangote Refinery's alleged dominance📜 Regulatory Gaps: Reviewing PIA amendments for sector strengthening "We're not protecting anyone - corruption will face the law" - Rep. Ikenga Ugochinyere 5 Key Areas Under Investigation 1️⃣ Turnaround Maintenance Controversy Why reputed contractors failed to deliver working refineries Determining accountability for billions spent 2️⃣ Crude Supply Bottlenecks Why local refiners negotiate in Switzerland for Nigerian crude Addressing supply challenges for modular refineries 3️⃣ OVH Energy Acquisition Reopening probe into NNPCL's takeover deal Reviewing staff complaints from former OVH employees 4️⃣ Market Monopoly Concerns Investigating Dangote's potential control over product distribution Assessing impact on independent marketers' investments 5️⃣ PIA Implementation Gaps Identifying necessary amendments to petroleum law Strengthening NMDPRA's regulatory […]

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Le Togo s’apprête à honorer un nouveau remboursement de son Sukuk en août 2025

Le Togo s’apprête à franchir une étape financière majeure avec le prochain remboursement partiel de son obligation islamique , le Sukuk État du Togo 6,5 % 2016–2026 . Selon les informations publiées par la Bourse Régionale des Valeurs Mobilières (BRVM) , l’État togolais versera 12,121 milliards de francs CFA le 17 août 2025 , conformément au calendrier de remboursement prévu. Ce paiement comprend une fraction du capital ainsi que la distribution semestrielle des bénéfices aux investisseurs, en totale adéquation avec les principes de la finance islamique , qui interdit le paiement d’intérêts (riba ) et privilégie un partage des profits fondé sur des actifs tangibles. Une innovation financière marquante pour le Togo Émis en juillet 2016 , le Sukuk a permis au Togo de lever 150 milliards de francs CFA (environ 250 millions de dollars à l’époque) pour financer des […]

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Une délégation togolaise à Istanbul pour deux grands salons internationaux en 2025

Dans une démarche stratégique visant à renforcer ses partenariats économiques et à explorer de nouveaux marchés internationaux, une délégation de haut niveau d’opérateurs économiques togolais participera à deux grands événements commerciaux majeurs à Istanbul, en Turquie , au cours de cette année. Du 2 au 5 septembre 2025 , les acteurs clés de l’agroalimentaire togolais prendront part à la 33e édition du salon WorldFood Istanbul , organisé au centre des expositions TUYAP. Ce rendez-vous international, dédié aux produits alimentaires, aux technologies de transformation et aux solutions d’emballage, est l’une des plus importantes plateformes du secteur agroalimentaire dans la région. Ce salon offre aux participants togolais une opportunité unique de : Mettre en valeur les produits locaux, Tisser des partenariats avec des acheteurs internationaux, S’initier aux dernières tendances en matière d’innovation et de sécurité alimentaire, Explorer de nouvelles opportunités d’exportation sur […]

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NAFDAC Debunks Viral Ban Claims on Noodles, Tomatoes, Seasoning Cubes

NAFDAC Exposes Viral Audio as False Alarm The National Agency for Food and Drug Administration and Control (NAFDAC) has dismissed a circulating audio message alleging: ❌ Shutdown of Tummy Tummy noodles factory❌ Ban on tinned tomatoes and Maggi seasoning cubes❌ Presence of dangerous "acetyl methyl" in noodles "Completely false and misleading" - Prof. Mojisola Adeyeye, NAFDAC DG Key Clarifications from NAFDAC 🔍 Tummy Tummy Noodles Inspection:✔ Facility in Anambra was never sealed✔ 4 noodle variants tested at Agulu Lab✔ All results satisfactory, no violations found 🍅 Other Products Cleared:✔ No ban on tinned tomatoes✔ Maggi seasoning cubes remain approved ⚠️ Audio Message Facts:• First surfaced October 2023• Falsely claims NAFDAC collaboration• Contains no scientific basis NAFDAC's Nationwide Food Safety Assurance 🧪 Recent Safety Checks:• Nigerian noodles tested for ethylene oxide - none detected• Mycotoxins and heavy metals within safe limits• Ongoing market surveillance 📢 Public Warning:• Avoid sharing unverified content• Report suspicious products […]

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