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 Kontoor Brands agrees to sell Lee denim label to Authentic Brands Group in deal worth up to $1 billion Kontoor Brands has agreed to sell its Lee denim label to Authentic Brands Group in a deal that could reach up to $1 billion, with closing expected in the second half of the year, the companies said Thursday. The transaction includes an upfront payment of $750 million, along with a potential additional $250 million earnout tied to Lee’s future performance under its new ownership. Kontoor’s board unanimously approved the sale, which shifts Lee into a licensing-based model once the deal is completed. The decision marks an exit from Kontoor’s effort to revive the long-standing denim brand, which the company recently placed on the market after an internal review of its portfolio. Analysts had broadly anticipated a lower valuation, making the final price higher than expected and surprising some industry observers. Following the sale, Kontoor will focus on its remaining brands, includin...

BAUCHI STATE POLICE COMMAND PRESS RELEASE POLICE ARREST SUSPECT, RECOVER 18 STOLEN RAMS WORTH ₦7M IN BAUCHI Operatives of the Bauchi State Police Command have arrested a suspect and recovered 18 stolen rams following a swift intelligence-led operation in Bauchi Metropolis. On 19th May 2026 at about 0200 hours, the Police Monitoring Team attached to the Area Command, Bauchi Metropolis, acting on credible intelligence, intercepted a white Hummer bus with registration number DELTA WW-882 ZR and a dark ash Toyota Camry car with registration number BAUCHI NNG-293-AA along Gubi Road, Bauchi. The vehicles were found loaded with 18 rams. One suspect, Sayyadi Abubakar, male, aged 58 years, of Tahoua Town, Maradi State, Niger Republic, was arrested at the scene. During interrogation, the suspect confessed to conspiring with one Alaji Ibrahim and four other accomplices, all of the same address, who are currently at large. The group allegedly stole the rams from a location opposite A.A. Kunya Fill...

 IGP DISU ASSURES ADEQUATE SECURITY, PROFESSIONAL CONDUCT AHEAD OF EKITI GOVERNORSHIP ELECTION The Inspector-General of Police, IGP Olatunji Rilwan Disu, psc(+), NPM, on Thursday, 21st May 2026, attended the Election Stakeholders’ Meeting and Signing of the Peace Accord ahead of the forthcoming Ekiti State Governorship Election held in Ado-Ekiti, where he reaffirmed the readiness of the Nigeria Police Force to ensure a peaceful, secure, free, and credible electoral process across the State. The event brought together key electoral and political stakeholders including representatives of the Independent National Electoral Commission (INEC), the National Peace Committee led by former Head of State, General Abdulsalami Abubakar, GCFR (Rtd), political parties, candidates, traditional rulers, civil society groups, security agencies, religious leaders, and members of the diplomatic and observer community. The IGP commended the Independent National Electoral Commission (INEC) and the Natio...

 Court Jails Two Ex Bank Officials 7 Years for N7.8million Fraud The Kaduna Zonal Directorate of the EFCC has secured the conviction and sentencing of two former bank officials for separate one-count charges each, bordering on fraud of about N7.8million. They were convicted and sentenced to seven years jail term by Justice A.A Bello of the State High Court, sitting in Kaduna. The convicts are: Obadofin Daniel Bamise and Hadiza Oyiza Yakubu. More details later

 Minister Of Foreign Affairs Bianca Meets South Korea’s Chargé d’Affaires ahead of Korea-Africa Foreign Ministers Meeting Minister of Foreign Affairs, Bianca Ojukwu has met with the Chargé d'Affaires, of the  Embassy of the Republic of Korea to Nigeria,  Mr. Tak Namgung ahead of the Korea-Africa Foreign Ministers Meeting in Seoul, South Korea.  A statement by the Foreign Ministry's Spokesperson Kimibie Ebienfa says the high-level gathering will host ministers and representatives from 54 African countries to build on the momentum of the Inaugural Korea- Africa Summit. Key focus areas for the meeting include Critical Minerals & Supply Chains - Strengthening cooperation in energy, critical minerals, and logistics in response to global geopolitical risks, as well as economic & Strategic Partnerships, expanding trade, green transition, and digital innovation following up on the 2024 summit objectives.

 JAMB RELEASES  279 RESULTS PREVIOUSLY HELD. The Joint Admissions and Matriculation Board (JAMB) has released 279 UTME results that were previously withheld for further investigation. In a statement issued by JAMB’s Public Communication Advisor, Fabian Benjamin, the Board says the release followed ongoing investigations into cases of suspected examination malpractice.          JAMB adds that, some results have been outrightly cancelled where evidence of malpractice was established. The Board also states that results from centres where its live monitoring team observed suspicious activities remain withheld pending further investigation. Candidates whose results have not yet been released are advised to check their status by sending “UTMERESULT” to 55019 or 66019 using the same phone number used for registration, to access their released results.