Richard Adeolu Adejumobi - thoughtmedianetwork.com

Nigeria Emerges Africa’s Strongest Naval Power in 2026 — Global Firepower

Nigeria has emerged as the African country with the strongest naval fleet in 2026, according to the latest Global Firepower (GFP) report. The ranking shows that Nigeria operates a total of 152 naval vessels, placing it 22nd among global naval forces. The assessment positions the Nigerian Navy ahead of other African maritime forces in overall […]

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FirstHoldco Plc Begins Major Restructuring to Drive Long-Term Sustainability

Business News, Investments, News / Leave a Comment

FirstHoldco Plc has announced the commencement of a major rebuilding and restructuring process, acknowledging that the transformation of the financial services group will involve significant operational disruptions as it seeks long-term sustainability and growth. In a statement shared on social media, the Group Chief Executive Officer, Femi Otedola, described the restructuring as a necessary step

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Nigerian Army Adopts Intelligence-Led, Multi-Domain Strategy Against Asymmetric Threats — COAS

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The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has reaffirmed the Nigerian Army’s commitment to an intelligence-driven, technology-enabled and multi-domain strategy to counter evolving asymmetric threats to national security. Lieutenant General Shaibu made the statement on Tuesday while delivering a strategic lecture titled “Combating Asymmetric Threats to National Security in Nigeria: The Nigerian

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U.S. Confirms Deployment of Troops to Nigeria Following December Airstrikes

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The United States has deployed a small team of troops to Nigeria, marking the first official acknowledgment of American forces on the ground since U.S. airstrikes were carried out in the country on Christmas Day. The confirmation was made Tuesday by the commander of U.S. Africa Command (AFRICOM), amid growing attention to Washington’s military involvement

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Germany’s Merz Says Transatlantic Relations Have Shifted, Urges Greater European Independence

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German Chancellor Friedrich Merz has acknowledged a profound shift in transatlantic relations, saying Europe must now take greater responsibility for its own political and technological future. “Transatlantic relations have changed, and no one in this room says that with more regret than I do,” Merz said, speaking in remarks shared via social media. The German

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Dangote Advances $2.5bn Fertiliser Project in Ethiopia as OCP Influence Looms

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Nigeria’s Dangote Group is moving forward with its planned $2.5 billion fertiliser complex in Ethiopia, a project that could significantly reshape the country’s agricultural input market and alter the competitive balance in East Africa’s fertiliser value chain.The project, signed between Dangote Group and Ethiopian Investment Holdings (EIH), involves the construction of a large-scale urea fertiliser

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As Lookman Bids Atalanta Goodbye, European Chapter Nears Its End

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Nigerian international forward Ademola Lookman has officially brought his Atalanta journey to a close, confirming his departure from the Italian side after nearly four years of standout performances in Serie A and European competition. In a heartfelt message shared on his X account, Lookman thanked the club, his teammates, and supporters, describing Atalanta as a

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Atlético Madrid Land Ademola Lookman in Major Winter Transfer Move

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Atlético Madrid have completed the signing of Nigerian international forward Ademola Lookman from Italian side Atalanta, sealing one of the most talked-about moves of the winter transfer window. The Spanish club confirmed that the 28-year-old attacker has signed a long-term deal running until 2030, following successful medical tests in Madrid. While official figures were not

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Islamic State Militants Breach Niger’s Main Airport, Trigger U.S. Evacuation Order

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Islamic State (IS) militants detonated explosives and moved freely among parked passenger aircraft during an attack on Niger’s main international airport last week, according to video footage circulated by SITE Intelligence Group, a U.S.-based organization that monitors jihadist propaganda. The footage, which SITE said appears consistent with recent Islamic State activity in the Sahel, shows

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FAAC Shares ₦2.34 Trillion Among Federal, State and Local Governments

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Nigeria’s Federation Account Allocation Committee (FAAC) has disbursed ₦2.34 trillion to the federal, state and local governments for December 2025, drawing from revenue generated in November 2025. The allocation, approved at FAAC’s monthly meeting, reflects a mix of earnings from statutory revenue, value-added tax (VAT) and other federally collected funds. As usual, the distribution followed

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