NewSpace Systems has officially opened a new 5,200 m² manufacturing facility in Somerset West, South Africa, now the largest commercial space component and subsystem manufacturing site on the African continent The expansion significantly increases the region’s capacity to support the global satellite supply chain. The purpose built facility is designed to meet the high volume production requirements of modern satellite constellations. NSS, Africa’s largest exporter of space utilised hardware, supports the majority of commercial spacecraft manufacturers globally. The development marks an important step in the company’s transition from a specialised component provider to a high cadence industrial manufacturer. Since construction…
Author: Newsdesk
BUA Foods Plc has posted revenue of N1.77 trillion for the year ended Dec. 31, 2025, up 16 per cent from N1.53 trillion in 2024. The company disclosed this in its audited financial results released on Monday in Lagos. The Board proposed a dividend of N28 per share, indicating a 115 per cent increase compared to the N13 per share paid in the corresponding period of 2024. The proposed dividend amounts to a total payout of N504 billion, subject to shareholders’ approval at its 2026 Annual General Meeting. The firm’s profit after tax rose by 95 per cent to N518.4…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has sought the support of the World Bank to help Nigeria bridge a $22 billion gas infrastructure gap. This was made known in a statement shared by the NMDPRA on X on Monday. The agency’s Chief Executive, Saidu A. Mohammed, made the call while delivering remarks at the Decade of Gas Ministerial Roundtable on Regional Gas Development, organised in partnership with the World Bank. According to the statement, Mohammed emphasised the importance of regional collaboration in advancing gas development across Africa. “Mohammed reaffirmed that the NMDPRA would continue to provide regulatory support to enable gas infrastructure investments, particularly…
No fewer than 9.2 million Nigerians have benefited from the Federal Government’s Household Prosperity and Empowerment Cash Transfer Programme, with approximately N688bn disbursed within two years. The Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, disclosed this on Monday at the HOPE-CT implementation update and press conference in Abuja. The cash transfer scheme, anchored on the National Social Register, is one of the Federal Government’s key social protection interventions aimed at cushioning the effects of recent economic reforms on vulnerable households. The programme is being implemented in collaboration with the National Identity Management Commission, the National Social Safety…
Armed assailants killed 73 people at a gold mine in South Sudan, government officials said on Monday, in violence linked to a dispute over gold extraction. The attacks occurred on Saturday near Jebel Iraq in Central Equatoria state in the south of the country, Vice President James Wani Igga said. At least 25 others were injured and some fled the scene. Authorities warned that the death toll could rise as the search for missing people continues. It remained unclear which group was responsible for the attack. The vice president said an official investigation would be launched and security measures at…
Justice Ismail Ijelu of the Lagos State High Court sitting in Ikeja on Monday convicted and sentenced Olumuyiwa Teniola Idowu and his company, Tennyvans Nigeria Limited, to a total of 30 years imprisonment over offences bordering on stealing and failure to declare assets. The offences involved $62,500 and €36,020, which the court said were dishonestly converted for personal use. The charges were brought under Section 285 of the Criminal Law of Lagos State, 2011, as well as Section 27(3) of the Economic and Financial Crimes Commission (EFCC) Act, 2004, which relates to non-disclosure of assets and refusal to declare properties.…
The National Emergency Management Agency (NEMA), in collaboration with the International Organization for Migration (IOM), has received 145 Nigerian returnees from Benghazi, Libya, at the Murtala Muhammed International Airport, Ikeja. This is contained in a statement signed by the Head of Lagos Operations Office, NEMA, Mr. Mohammed Olatunde, and made available to journalists in Lagos. Olatunde said the returnees arrived at about 8:27 p.m. aboard an Al Buraq Airlines flight as part of the Assisted Voluntary Return Programme. According to him, the programme is facilitated by the International Organization for Migration in collaboration with the Federal Government. “The breakdown shows…
Nigeria’s renowned virologist, Prof. Oyewale Tomori, has called for a re-examination of Nigeria’s public health history, stressing that understanding the past is critical for effective epidemic prevention and response today. Tomori spoke during a reflective session on disease control and public health on Monday in Abuja at a high-level Nigeria-China health security dialogue on pandemic preparedness and response. He noted that Nigeria’s first public health laboratory was established in 1926, nearly a century ago. Although the centre was not originally designed for disease control, he said it laid the foundation for scientific research and epidemic management. “Disease prevention programmes were…
The Federal Government says it is taking decisive steps to reduce reliance on external health funding, strengthen domestic investment in healthcare, and foster respectful international partnerships. Prof. Muhammed Ali Pate, Coordinating Minister of Health and Social Welfare, made this known on Monday in Abuja at a high-level health security dialogue with the People’s Republic of China on pandemic preparedness and response. Reflecting on three decades of global assistance, Pate said that while international support brought substantial resources and progress, the COVID-19 pandemic revealed the fragility of health systems and the risks of over-dependence. “You cannot outsource the delivery of your…
The Gombe State Primary Health Care Development Agency, with support from UNICEF, is leading efforts to increase immunisation coverage across the state. The Executive Secretary of the agency, Dr. Abdulrahama Shuaibu, disclosed this in an interview with journalists on Monday after an immunisation review meeting. Shuaibu said the agency had intensified advocacy and community outreach, working with traditional rulers, religious leaders, and the media to encourage parents to vaccinate their children. According to him, vaccination teams, drawn from local communities, receive full training and daily refresher sessions to ensure high-quality service delivery. On the issue of resistance, Shuaibu assured parents…