By Abiodun Lawal The Federal Government says the new 480-megawatt Abeokuta substation under construction in Ogun will be delivered and inaugurated by December. The Managing Director/Chief Executive Officer of FGN Power Company, Mr Kenny Anuwe, gave the assurance on Thursday during an inspection of the ongoing Abeokuta substationContinue Reading
By Taiye Olayemi Wema Bank Plc says its profit before tax rose to N221.85 billion in the 2025 financial year, representing a 116 per cent increase compared with N102.51 billion recorded in 2024. The bank disclosed this in a statement on Wednesday in Lagos. It said its 2025 performance reflectedContinue Reading
By Taiye Olayemi Claver Gatete, UN Under-Secretary-General, Economic Commission for Africa (ECA) says Africa must urgently overhaul health financing as aid declines and debt pressures tighten fiscal space across the continent. Speaking in Tangier, Morocco, on Wednesday, Gatete said, “The era of aid as the primary source of health financingContinue Reading
By Taiye Olayemi The Pension Industry Leadership Council has reaffirmed its commitment to repositioning pension funds as active drivers of Nigeria’s economic development, moving beyond their traditional role as passive investment vehicles. Director-General of the National Pension Commission (PenCom) and Chairman of the Council, Ms Omolola Oloworaran,Continue Reading
By Taiye Olayemi UAC of Nigera reported a 39 per cent decline in profit for the 2025 financial year to N9.91 billion, down from N16.31 billion recorded in 2024. This is according to the company’s audited financial statements for the year ended, Dec. 31, 2025, as released to theContinue Reading
By Oluwaseun Nubi The Federal Competition and Consumer Protection Commission (FCCPC) has intensified its market sensitisation campaign aimed at promoting consumer awareness and strengthening regulatory compliance across key commercial centres. Mrs Olubunmi Otti, Zonal Coordinator, South-West Zonal Office, during a market sensitisation programme on Thursday in Lagos, said the initiativeContinue Reading
By Abiodun Lawal Dr Tomi Coker, Commissioner for Health in Ogun, has called for deliberate government investment in training doctors in leadership and management, beyond clinical expertise. Coker made the call on Saturday in Abeokuta at the Global African Women in Medicine (GAWIM) Summit. TheContinue Reading
Access Bank partners King’s Trust to drive youth empowerment across Africa By Grace Alegba Access Bank Plc and King’s Trust International have formalised a strategic partnership aimed at expanding opportunities, entrepreneurship and sustainable livelihoods for young people across Africa. The agreement was signed in London by the Managing Director/ChiefContinue Reading
By Busayo Onijala Ms Yan Yuqing, Consul General of the People’s Republic of China in Lagos, says the outcomes of China’s recently concluded “Two Sessions” signal expanded high-standard opening-up for Nigeria. She said this would create greater trade, investment and cooperation opportunities for Nigeria and Africa. Yuqing made this knownContinue Reading
Creatives By Taiye Olayemi President Bola Tinubu has emphasised Nigeria’s creative industry as a strategic driver of economic growth and global competitiveness, calling for stronger investment and collaboration to unlock its full potential. In a statement made available to the News Agency of Nigeria (NAN) in Lagos, Tinubu was quotedContinue Reading
