October 29, 2025

Transcorp Plc: Q3 Profit Rises To 20.5% On Strong Cost Control

Transcorp Plc: Q3 Profit Rises To 20.5% On Strong Cost Control

October 29, 2025 3:21 pm

Nigeria’s Transcorp Plc, posts ₦91.4bn Q3 profit, up 20.5%, driven by cost discipline, 39% revenue growth, and expansion in power and hospitality units.

Transnational Corporation Plc (Transcorp), one of Africa’s leading listed conglomerates, has on Monday October 27, 2025,  reported a 20.5 percent increase in profit after tax to ₦91.4 billion for the third quarter of 2025, compared with ₦75.9 billion in the same period last year.

The group said the strong performance was underpinned by cost discipline, strategic pricing, and operational efficiency across its diverse business portfolio, which includes power generation, hospitality, and energy.

Revenue rose 39 percent …

Nigerian Government To Train 10,000 Youths For Oil, Gas Jobs

Nigerian Government To Train 10,000 Youths For Oil, Gas Jobs

October 29, 2025 2:43 pm

NCDMB launches a nationwide program to equip 10,000 young Nigerians with vital technical skills for emerging opportunities in the oil and gas industry.

Nigerian government has on Monday October 27, 2025, launched a major nationwide training initiative aimed at preparing 10,000 young citizens for careers in the oil and gas sector, as the country seeks to strengthen local participation in its most lucrative industry.

The Human Capital Development initiative, unveiled by the Nigerian Content Development and Monitoring Board (NCDMB), is designed to equip participants with technical and professional skills needed to fill critical roles traditionally occupied by expatriates.

Tagged the …

Airtel Telecom Africa Half-Year Profit Surges To $376 Million

Airtel Telecom Africa Half-Year Profit Surges To $376 Million

October 29, 2025 2:17 pm

Telecom giant Airtel Africa posts a 375% profit jump and 26% revenue growth to $2.98 billion, fueled by data and mobile money expansion across key markets.

Airtel Africa Plc has posted a sharp rebound in earnings, reporting a profit after tax of $376 million for the half year ended on Tuesday September 30, 2025 — a 375 percent increase from $79 million recorded in the same period last year.

The telecoms group said on Tuesday October 28, 2025, that revenue rose 25.8 percent to $2.98 billion, up from $2.37 billion in 2024, driven by strong performances in Nigeria, East Africa, …

Jamaica: Hurricane Melissa Unleashes catastrophic devastation

Jamaica: Hurricane Melissa Unleashes Catastrophic Devastation

October 29, 2025 10:50 am

Category 5 Hurricane Melissa devastates Jamaica in historic landfall, leaving widespread destruction and sparking global aid mobilization amid rising fears.

Hurricane Melissa, one of the most powerful Atlantic storms ever recorded, made a catastrophic landfall in Jamaica on Tuesday October 28, 2025, unleashing destructive winds and torrential rainfall that have left much of the island in chaos.

The Category 5 storm, packing sustained winds of over 160 miles per hour (257 km/h), struck Jamaica’s southern coast early in the morning before sweeping inland, toppling power lines, flattening homes, and triggering massive flooding in several parishes. Emergency officials say communications have …

Lamine Yamal Takes Over Piqué And Shakira’s Iconic Mansion

Lamine Yamal Takes Over Piqué And Shakira’s Iconic Mansion

October 29, 2025 10:02 am

Rising Barcelona star Lamine Yamal has officially secured a new luxury residence — and it’s no ordinary property. According to Diario Sport, the 17-year-old prodigy has purchased the former home of ex-Barcelona defender Gerard Piqué and pop icon Shakira.

The high-profile deal reportedly took between three to four months to finalize and is located in one of Barcelona’s most exclusive neighborhoods — Ciutat Diagonal. This area is known for hosting some of the city’s most elite figures, including Yamal’s current and former teammates Ronald Araújo, Alejandro Balde, and Andrés Iniesta.

The property itself is breathtaking. The mansion covers a combined …

Ronaldo Still Trophyless At Al-Nassr After 13 Tournament Runs

Ronaldo Still Trophyless At Al-Nassr After 13 Tournament Runs

October 29, 2025 9:00 am

Since joining Al‑Nassr FC in January 2023, Cristiano Ronaldo has yet to lift a recognised major trophy with the Saudi Pro League side — despite participating in at least 13 official competitions. 

Ronaldo’s arrival in Riyadh brought global fanfare and huge expectations. The five-time Ballon d’Or winner instantly became the club’s marquee figure, along with a new era for the Saudi league. But the silverware has continued to elude both him and the club.

In the 2022-23 and 2023-24 seasons, Al-Nassr finished as runners-up in the Saudi Pro League, while in 2024-25 they slipped to third. In each of those …

Sex Offender Deported To Ethiopia After Prison Mistake

Sex Offender Deported To Ethiopia After Prison Mistake

October 29, 2025 6:28 am

An Ethiopian asylum seeker whose case ignited widespread anti-immigration protests in Britain has been deported after officials mistakenly released him from custody last month.

The Home Office said Wednesday that Hadush Gerberslasie Kebatu, 38, arrived in Ethiopia following his removal from the United Kingdom. Kebatu had been serving a 12-month sentence for sexually assaulting a 14 year old girl and a woman.

His release on October 24 triggered a three day manhunt before police located and detained him again. Interior minister Shabana Mahmood said in a statement that authorities were determined to act fast.

“I have pulled every lever to …

Tanzania Election Held Without Main Opposition Parties

Tanzania Election Held Without Main Opposition Parties

October 29, 2025 6:08 am

Tanzania held national elections on Wednesday, a vote widely expected to secure another term for President Samia Suluhu Hassan after candidates from the two largest opposition groups were blocked from running.

The polls will determine the presidency, members of the 400 seat National Assembly and leadership positions in Zanzibar, the semi autonomous islands off Tanzania’s coast.

The absence of major opposition contenders has led critics to question the fairness of the vote.

The ruling CCM party, in power since 1977, faced only minor party challengers after the electoral commission barred CHADEMA and ACT Wazalendo from the presidential race. CHADEMA was …

Belgium Warns Russia Of Total Retaliation Over Missile Strike

Belgium Warns Russia Of Total Retaliation Over Missile Strike

October 29, 2025 5:27 am

Belgian Defense Minister Theo Francken vows Moscow would face annihilation if Russia ever targeted Brussels, reaffirming NATO’s united deterrence stance.

Belgium’s Defense Minister Theo Francken has issued a stark warning to Moscow, declaring that any Russian missile attack on Brussels would provoke an overwhelming North Atlantic Treaty Organization (NATO) response capable of obliterating the Russian capital.

Speaking to Belgium’s De Morgen newspaper on Monday October 27, 2025, Francken said his country and its NATO allies would not hesitate to retaliate if Russia attempted a strike on the alliance’s political heart. “If President Vladimir Putin launches a missile at Brussels, we …

Trump China Trade Deal Hopes Rise Ahead Of APEC Talks

Trump China Trade Deal Hopes Rise Ahead Of APEC Talks

October 29, 2025 3:59 am

United States President Donald Trump said he anticipates reaching a “great deal” with Chinese President Xi Jinping during their meeting in South Korea this week, signaling a potential breakthrough in the renewed trade war between Washington and Beijing.

Speaking Wednesday at a business luncheon on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, Trump told attendees the United States and China are close to a trade pact that would benefit both economies.

“That’s really a great result. That’s better than fighting and going through all sorts of problems,” Trump said, adding that the agreement would be “something …

Vietnam Flooding Record Rainfall Leaves Nine Dead

Vietnam Flooding Record Rainfall Leaves Nine Dead

October 29, 2025 3:39 am

At least nine people lost their lives and five others remained missing after record rainfall caused widespread flooding across central Vietnam, government officials said on Wednesday. The hardest hit locations included Da Nang and the historic town of Hoi An, both major tourist draws.

The scale of the flooding has been significant for a region already familiar with severe weather. More than 103,000 homes were swamped in Hue and Hoi An, and emergency crews worked through the night to reach those trapped by rapidly rising waters.

In Hue, rainfall reached a national record with 1,085 millimetres falling in a …

Israeli Air Strikes Gaza Kill 33 In Alleged Ceasefire Breach

Israeli Air Strikes Gaza Kill 33 In Alleged Ceasefire Breach

October 29, 2025 2:22 am

At least 33 Palestinians were killed in a series of Israeli air strikes across the Gaza Strip on Tuesday, according to Gaza’s Civil Defence agency and hospital officials, amid accusations Israel breached a U.S-brokered ceasefire.

The violence came after Israeli Defence Minister Israel Katz accused Hamas of attacking Israeli soldiers in Gaza and violating hostage-return terms of the deal. The strikes mark one of the most serious challenges to fragile truce efforts and raise concerns about the ceasefire’s durability.

The Israeli strikes struck homes, schools and residential buildings in Gaza City, Beit Lahia, al-Bureij, Nuseirat and Khan Younis, Gaza’s Civil …

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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