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UBA faults sale of IBEDC by AMCON

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  United Bank for Africa (UBA) Plc  has rejected the reported sale of its 60 per cent stake in the Ibadan Electricity Distribution Company (IBEDC) for N100 billion by the Asset Management Corporation of Nigeria (AMCON), describing the transaction as unlawful, opaque, and carried out without its consent or due process. Speaking during a media […]

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Zenith Bank emerges Nigeria’s Tier-1 capital global ranking for 16th consecutive year

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  Nigeria’s major financial service institution, Zenith Bank Plc has maintained its position as the number one bank in Nigeria by Tier-1 capital rating for the 16th consecutive year. The bank clinched the position in the 2025 Top 1,000 World Banks Rankings published by The Banker, a publication of the Financial Times Group, United Kingdom. […]

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Presidency Welcomes Dangote Refinery’s 4,000 CNG Trucks; Says it’s a milestone to gas-powered transport in Nigeria

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The Presidential Compressed Natural Gas Initiative (PCNGI) has welcomed the Dangote Refinery’s fuel distribution plan that will see it deploying 4,000 Compressed Natural Gas (CNG) trucks across Nigeria. Speaking to newsmen on the sideline of the just concluded West Africa Economic Summit (WAES) in Abuja, Commercial Coordinator, Tosin Coker, said: “This is a landmark development, […]

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Awele Elumelu at 55: A Prescription for Purpose

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At 55, Dr. AweleElumelu doesn’t merely wear many hats; she crafts them, stitches them with purpose, and hands them to others. Physician. Entrepreneur. Philanthropist. Marathoner. Wife. Mother. Architect of access in Africa’s healthcare maze. Born in Delta State and trained across Nigeria and the United Kingdom, Lady Awele is not simply a doctor who traded […]

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Bode George says heavy security presence at PDP national secretariat is ‘madness

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The siege laid to the main opposition party the People’s Democratic Party (PDP), national secretariat  by Security operatives on Monday 30th, 2025, in Abuja, to prevent the party leaders from convening for the 100th National Executive Committee (NEC) meeting, has been described as ‘madness’. The two factions of the party’s National Working Committee (NWC) had […]

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Shareholders Oppose Plan to Transfer Unclaimed Dividends to CBN

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Shareholders under the aegis of the Independent Shareholders Association of Nigeria (ISAN), have condemned the recent legislation mandating the transfer of unclaimed dividends from companies’ registrars to the Central Bank of Nigeria (CBN) for management. The group, in a statement signed by its national coordinator, Mr. Moses Igbrude, condemned the National Assembly’s decision to pass […]