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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

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    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Legend Internet Declares N120M Dividend & N150B Capital Raise at 2nd AGM

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    Charles Chukwuma Soludo wins 2025 Anambra Governorship election amidst low voter turnout

    Only 23% of Nigerians trust INEC- Report says

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    Headline Inflation in Nigeria rose to 22.04% in March

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    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

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    The New Tax Acts and Tax ID – What You Need to Know

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    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

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    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Nascon Allied Industries Plc reports N17.57 bn revenue in H1 2021

    NASCON Allied Industries Announces Major Leadership Change as Saka Becomes Managing Director

    FCMB Group report N7.55bn Profit for the 2021 H1 Period, 22.10% decline YoY

    FCMB Group Plc gives notice of Extraordinary General Meeting over ₦340 billion capital raise

    FCMB Group Plc Calls EGM to Lift Capital Raise Cap to ₦370bn

    FCMB Group Plc Calls EGM to Lift Capital Raise Cap to ₦370bn

    Tantalizers Plc signs agreement to export seafood with U.S based Harvester Fisheries

    Tantalizers Plc signs agreement to export seafood with U.S based Harvester Fisheries

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

    Presco Plc commences Rights Issue of 166,666,667 ordinary shares

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

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    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

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    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

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    How does family of 6 survive with income of N250,000 a month

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    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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    UK Court awards £20m Damages in favour of Nigeria against P&ID

    S&P Global revises Nigeria outlook from Stable to Positive

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    Nnamdi Kanu files court motion seeking an order to “stay proceedings” in trial before Justice Omotosho

    FIRS, JTB begin ‘full scale enforcement’ on tax defaulters

    Capital Gains Tax: Oyedele Confirms Past Gains Exempt from New Law

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    Legend Internet Declares N120M Dividend & N150B Capital Raise at 2nd AGM

    Court Dismisses Suit Challenging Soludo’s Election, Orders Plantiffs to pay N6mn damages

    Charles Chukwuma Soludo wins 2025 Anambra Governorship election amidst low voter turnout

    Only 23% of Nigerians trust INEC- Report says

    INEC uploads 97.73% of Anambra State Governorship election polling unit results

    Nnamdi Kanu’s trial: Justice Binta Nyako to recuse herself

    Mazi Nnamdi Kanu’s trial – Court fixes date for judgement

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

    Thomas Wyatt Nigeria PLC Delays Filing of 2025 Financial Statements

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    Headline Inflation in Nigeria rose to 22.04% in March

    Nigeria’s inflation eases to 16.05% in October 2025

    President Buhari hikes Petrol Price to N212 per litre through the PPPRA

    Federal Government suspends 15% import tax on imported petrol

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nigeria Imposes 10% Tax on Short-Term Investment Interest

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

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    • Companies
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    FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

    Zenith Bank Plc addresses rumored acquisition in Kenya

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

    Nascon Allied Industries Plc reports N17.57 bn revenue in H1 2021

    NASCON Allied Industries Announces Major Leadership Change as Saka Becomes Managing Director

    FCMB Group report N7.55bn Profit for the 2021 H1 Period, 22.10% decline YoY

    FCMB Group Plc gives notice of Extraordinary General Meeting over ₦340 billion capital raise

    FCMB Group Plc Calls EGM to Lift Capital Raise Cap to ₦370bn

    FCMB Group Plc Calls EGM to Lift Capital Raise Cap to ₦370bn

    Tantalizers Plc signs agreement to export seafood with U.S based Harvester Fisheries

    Tantalizers Plc signs agreement to export seafood with U.S based Harvester Fisheries

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Conoil Plc to Hold 55th AGM, Proposes N3.50 Dividend

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Agro-Industrial giant Presco Plc reports N10.12bn profit in H1 2021

    Presco Plc commences Rights Issue of 166,666,667 ordinary shares

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    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Fidson Healthcare Announces N21 Billion Rights Issue to Boost Capital Base

    Silver and other Precious Metals Surges amid Economic concerns

    Silver and other Precious Metals Surges amid Economic concerns

    MTN Nigeria to pay over N200 billion final dividend for 2022

    List of Dividends announced in 2025, qualification and payment dates

    Nigerian Exchange Daily Market Report: ASI up by 0.15% on Wednesday

    Domestic Investors dominate transactions on the Nigerian Exchange in September 2025

    Wema Bank Plc rights issue opens for subscription

    Wema Bank Plc lists 4.5 billion new shares offered through private placement

    FG lists 4 border points in Ukraine Nigerians can cross to safety

    Trans-Nationwide Express Rights Issue: Trading Activated on NGX

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    The Initiates Plc unveils Rights Issue and Public Offer to drive expansion in environmental services

    Again DMO offers N360 billion FGN bond for February

    FGN Savings Bond offer opens with up to 14.565% annual interest

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

    ASO Savings Posts N21M Q2 Profit Despite N51B Negative Equity

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    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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BREAKING: Rishi Sunak set to be UK Prime as Mordaunt drops out of race

Monday, 24 October 2022, 2:36 pm
in News, World
0
BREAKING: Rishi Sunak set to be UK Prime as Mordaunt drops out of race
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Rishi Sunak is set to become UK Prime Minister seven weeks after losing to Liz Truss in this year’s first Tory leadership contest.

Recall that Truss, who succeeded Boris Johnson resigned last week Thursday after 45 days in office, saying she could not deliver the mandate she was elected on.

Sunak will be the UK’s first British Asian prime minister.

Sunak’s victory to succeed Truss comes after his opponent Penny Mordaunt who failled to get the backing of 100MPsdropped out of the Tory leadership race. She declared her full support to Sunak.

Announcing there was just one person with the backing of 100 MPs, 1922 Committee chairman Sir Graham Brady confirmed the new Tory leader Rishi Sunak will address MPs at 14:30 BST.

Here is Penny Mordaunt’s full statement:
“Our Party is our membership. Whether we are elected representatives, activists, fundraisers or supporters. We all have a stake in who our leader is.

“These are unprecedented times. Despite the compressed timetable for the leadership contest it is clear that colleagues feel we need certainty today. They have taken this decision in good faith for the good of the country.

“Members should know that this proposition has been fairly and thoroughly tested by the agreed 1922 process.

“As a result, we have now chosen our next Prime Minister. This decision is an historic one and shows, once again, the diversity and talent of our party. Rishi has my full support.

“I am proud of the campaign we ran and grateful to all those, across all sides of our party, who gave me their backing. We all owe it to the country, to each other and to Rishi to unite and work together for the good of the nation. There is much work to be done.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

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MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

Zenith Bank Plc addresses rumored acquisition in Kenya

Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

Dangote Sugar Refinery Announces Resignation of Ravindra Singhvi and Appoints Thabo Mabe as Successor

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FY 2020: Zenith Bank Plc rakes in N230.6 billion profit after tax

Zenith Bank Plc addresses rumored acquisition in Kenya

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Nascon Allied Industries Plc reports N17.57 bn revenue in H1 2021

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Headline Inflation in Nigeria rose to 22.04% in March

Nigeria’s inflation eases to 16.05% in October 2025

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