Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, made a remarkable impact at the 2026 Easter Cup, hosted at the prestigious Lagos Polo Club on 05-06 April, 2026. This year’s tournament was not only about exciting polo matches; it also highlighted the strong partnerships that make the event lively. …
Read More »Economic Insensitivity: The Arbitrary Spike in the Parking Rate at MM2
by Olutayo Irantiola Recently, the parking rate at the Multi-Storey Car Park at the Murtala Muhammed Airport Terminal 2 (MMA2), operated by Bi-Courtney Aviation Services Limited (BASL) and managed by Balosh, was arbitrarily increased. Overnight parking, which used to be six thousand naira (N6,000) only, was increased to fifty thousand …
Read More »Atiku defiant as ADC alleges attempt to block national convention venue
Atiku Abubakar, former vice president has vowed that the African Democratic Congress (ADC) will proceed with its national convention despite alleged attempts to frustrate the event by targeting the venue hosting it. In a statement shared via his official X account on Tuesday, Atiku accused the federal government of allegedly …
Read More »Global Cement Giant Lafarge Found Guilty of Terror Financing by Court
A French court has found cement manufacturer, Lafarge, guilty of financing terrorist groups through its Syrian subsidiary during the country’s civil war. The ruling, delivered in Paris on Monday, also convicted eight former employees of the company, including senior executives, over their roles in the illicit payments. The court determined …
Read More »Over a Decade, Still Missing: Chibok Now a Metaphor for Neglect – MMF CEO Warns
As the world marks twelve years since the abduction of 276 schoolgirls from Chibok in northeast Nigeria, the Murtala Muhammed Foundation (MMF) has called for renewed accountability, warning that the tragedy has come to symbolise a broader pattern of neglect and diminishing global urgency. In a statement released alongside …
Read More »Energia Appoints Oladimeji Bashorun as Chief Executive Officer
Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer (CEO), following the vacancy created by the exit of Mr. Chidi Egonu. Bashorun, who previously served as the company’s Chief Operating Officer (COO), steps into the role following years of providing strategic and operational leadership within …
Read More »Debt pressure mounts as FG borrows N8.1trn in 2026 already
•Represents 7.4% YoY increase from Q1’25 •Analysts cite revenue gaps, fiscal indiscipline •Urge FG to cut waste, boost revenue •Rising debt crippling ability to fund infrastructure – World Bank“ At the backdrop of rising public debt pressure and concerns over the impact on the economy, the Federal Government (FG) increased …
Read More »Dangote Refinery Powers Historic Shift as Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex
Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of approximately 3,000 b/d …
Read More »World Bank Advice Risks Dragging Nigeria Back into Fuel Import Trap, Violates Petroleum Law — Energy Experts Warn
Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill‑timed, economically regressive and in direct violation of the Petroleum Industry Act (PIA). An energy economist and professor, Ken Ife, faulted …
Read More »Energia Calls for Stronger Policy Execution and Technology Enablement at SPE OLEF 2026
Energia Limited’s Chief Operating Officer, Oladimeji Bashorun, has called for enhanced policy execution, improved regulatory efficiency, and stronger industry collaboration to unlock the full potential of Nigeria’s oil and gas sector. Speaking at the Society of Petroleum Engineers (SPE) Oloibiri Lecture Series and Energy Forum (SPE OLEF 2026) in …
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