Nation – National Infinity Magazine

Prof Ogunlesi elected Dean Faculty of Clinical Sciences of Olabisi Onabanjo University

Prof. Tinuade Adetutu Ogunlesi of the Department of Paediatrics, faculty of Clinical Sciences, Olabisi Onabanjo University has been elected Dean of the Faculty of Clinical Sciences. The election was held on Monday, 7th July, 2025, at the Faculty Seminar room. Prof. Ogunlesi will succeed Prof. Adeteru Ayoade as Dean of the Faculty. In his acceptance speech, Prof Ogunlesi said he was happy with the smooth and successful election. He emphasised that there is victor and no vanquished. He reiterated that he is willing to serve the Faculty in every capacity,…

FG sets tertiary institutions admission age at 16

Editor

Minister of Education, Dr. Tunji Alausa, has announced that 16 years will be the minimum age for admission into Nigeria’s tertiary institutions, effective this Tuesday, during the 2025 Policy Meeting of the Joint Admissions and Matriculation Board held in Abuja. Alausa, while declaring the meeting open, emphasised that the age benchmark is now official and non-negotiable. He also warned that any admission carried out outside the Central Admissions Processing System would be considered illegal. “The issue of age at entry into tertiary institutions has generated much debate, but our position…

Dangote drops N20 from petrol pump price

Editor

The Dangote refinery has reduced the price of petrol from N840 to N820 per litre. The N20 reduction occurred one week after the refinery lowered the fuel price from N880 to N840. This indicates a N60 (6.82 per cent) cut in petrol prices by the Dangote refinery within a week. The spokesman of the Dangote Group, Anthony Chiejina, told our correspondent on Tuesday that the company reduced the price to make the product more affordable for Nigerians. “We have reduced petrol gantry price to N820 from N840 per litre,” he…

US announces new visa restrictions on Nigerians

Editor

The United States Department of State has announced an update to its non-immigrant visa policy for Nigerians. According to a press release issued by the US Embassy in Abuja on Tuesday, “most non-immigrant and non-diplomatic visas issued to citizens of Nigeria will be single-entry visas with a three-month validity period.” The new visa restrictions take immediate effect. However, the embassy clarified that, “those US non-immigrant visas issued before July 8, 2025, will retain their status and validity.” The statement emphasised that this move is part of the Department’s global visa…

Olubadan Royal drummers relocate to Ladoja’s residence

Editor

Barely hours after the passing of the 43rd Olubadan of Ibadanland, Oba Owolabi Olakulehin, royal drummers have relocated to the Bodija residence of Oba Rasidi Adewolu Ladoja in Ibadan, Oyo State. The symbolic move signals that Ladoja, the current Otun Olubadan, is next in line to ascend the throne in accordance with Ibadan’s time-honoured succession system. Ladoja, a former Governor of Oyo State (2003–2006), is the highest-ranking chief in the civil line and widely regarded for his leadership, dedication to Ibadan’s cultural heritage, and efforts to promote unity across the…

Amaechi and I not from same family background level in terms of wealth -Wike

Editor

Minister of the Federal Capital Territory FCT, Nyesom Wike, has defended his lifestyle and ownership of a Rolls Royce, insisting that his wealth did not come from public office but a comfortable family background. In an appearance on Channels Television’s Politics Today, Wike dismissed allegations of corruption and extravagance, stating that nobody can do without money and that liking money does not make him corrupt. The remarks were a response to former Rivers State Governor, Rotimi Amaechi, who had earlier questioned Wike’s source of wealth, particularly his ability to afford…

Adelabu declares to contest for Oyo Gov. in 2027

Editor

Bayo Adelabu, the Minister of Power, has declared his intention to contest the Oyo State Governorship election in 2027. He made this known on Friday while addressing party members at the residence of one of the party’s leaders, Ayoade Adeseun, in Ogbomoso. According to the minister, the meeting was part of his consultations across geopolitical zones in the state towards the realisation of his governorship ambition in 2027. “I’m here to tell you that I want to contest for governor of Oyo State in 2027. I’m ready to put to…

Atiku hints of another Presidential race

Editor

A Former Vice-President, Alhaji Atiku Abubakar has hinted at running for the Presidency again. Atiku has been eyeing the Presidency since 2007. Atiku, who ran against ex-President Muhammadu Buhari in 2019, and challenged President Bola Tinubu in 2023, gave the indication when he received a delegation led by a former Minister Idris Abdullahi. He had said stealing and any form of corrupt practice will have no place in the government he leads. In a video he shared on his X handle, Atiku said “enough is enough”. Dalung to Tinubu: Even…

Ladoja set for Olubadan throne as Oba Olakulehin passes on

Editor

Rasheed Adewolu Ladoja, a former governor of Oyo State is set to mount the exalted throne of Olubadan of Ibadan land following the passing on of the incumbent occupier, Oba Owolabi Olakulehin at the age of 90. The monarch died in the early hours of Monday, during the ongoing 90th birthday and first anniversary coronation celebrations. A source close to the Olubadan-In-Council confided that “we received the message that the paramount ruler passed away this morning. He has joined his forefathers. Though it has to be officially announced by the…

ADC chieftain lists 7 coalition topshots gunning for Presidency in 2027

Editor

A Former National Chairman of the African Democratic Congress, Ralph Nwosu, has listed at least seven prominent figures in the coalition movement being pushed by supporters to contest the 2027 presidential election against President Bola Tinubu. Speaking with Sunday PUNCH, Nwosu said seven coalition leaders were being tipped to replace Tinubu in 2027, but the ADC would embrace an open selection process. Aside from Obi, he said supporters of Atiku, former Minister of Transportation, Rotimi Amaechi, ex-Kaduna and Osun states governors, Nasir El-Rufai, Rauf Aregbesola, and those of the Oyo…

I am in ADC for Presidential ticket, not Atiku’s running mate -Peter Obi

Editor

Mr. Peter Obi, the 2023 presidential candidate of Labour Party has confirmed that he is in the emerging political coalition to run for Presidency and not eyeing the slot as running mate to former Vice President Atiku Abubakar. Obi stated this during an interview on Channels Television’s Sunday Politics, aired on Sunday. “I’m going to contest for the President of the Federal Republic of Nigeria, and I believe I am qualified for it,” Obi said. Responding to rumours that he may pair up with Atiku of the Peoples Democratic Party,…

Oyebanji’s endorsements, good omen for Ekiti politics –Jide Awe

Editor

Veteran politician and a former chairman f the ruling All Progressives’ Congress in Ekiti State, High Chief Olajide Awe, has described the ongoing massive endorsement of the state governor, Biodun Abayomi Oyebanji, as unprecedented in Ekiti state’s political history, citing the governor’s all inclusive style of governance as the clincher. Awe, the pioneer chairman of Action Congress, later Action Congress of Nigeria and later the All Progressives’ Congress in Ekiti State, spoke to National Infinity Magazine in Ado-Ekiti, stated that Gov. Oyebanji’s relationship with past political and economic leaders in…

GTCO Plc becomes West Africa’s 1st financial services institution to list, trade its ordinary shares on London Stock Exchange

Editor

Guaranty Trust Holding Company Plc (GTCO Plc), Africa’s leading and most profitable Financial Services Group, has recorded a significant milestone in its growth and expansion journey with the successful admission of its Ordinary Shares to the Equity Shares (International Commercial Companies Secondary Listing) category of the Official List of the Financial Conduct Authority (FCA) and to trading on the main market for listed securities of the London Stock Exchange. This historic achievement makes GTCO Plc, the 1st Financial Services Institution in West Africa to dual list its Ordinary Shares on…

Ekiti 2026: Oyebanji’s statewide endorsement to hold July 23

Editor

The State Endorsement Committee for Governor Biodun Abayomi Oyebanji (BAO) has officially announced Wednesday, July 23, 2025, as the date for the statewide endorsement event in support of a second term for the Governor that has been adjudged by all strata of the society in the State and beyond as not only performing well but also a bridge that has united all past and present political leaders as well as connected all stakeholders in an inclusive government that transcends political, social and religious bias. The event is slated to hold…

ICPC arrests Lagos council boss, Muibi Alade Folawiyo, over alleged fraud

Editor

Muibi Alade Folawiyo, chairman of Lagos Island East Local Council Development Area, has been arrested by the Independent Corrupt Practices and Other Related Offences Commission, ICPC, over alleged large-scale financial misconduct. ICPC spokesperson, Demola Bakare, told journalists on Wednesday that Folawiyo is under investigation for allegedly misappropriating public funds, diverting resources for personal gain, and sidestepping official processes. “He was arrested at the council secretariat on 42 Broad Street, Lagos, after repeatedly ignoring invitations which he acknowledged,” Bakare said. “He is currently in our custody. He was arrested by a…

Why US closed U.S. Abuja Embassy, Lagos Consulate office

Editor

The United States Embassy in Abuja and the Consulate General in Lagos will remain closed on Friday, July 4, 2025, “in observance of the U.S. Independence Day.” This was confirmed in a statement released Thursday by the U.S. Mission in Nigeria. The closure aligns with the annual celebration of the United States’ independence from British rule in 1776—a historic milestone widely commemorated across the U.S. with “patriotic events, fireworks, and public gatherings.” Announcing the temporary shutdown on its official X handle, the U.S. Mission stated: “The U.S. Embassy in Abuja…

Going! Going!! Gone!!! AMCON sells IBEDC for N100bn

Editor

The Asset Management Corporation of Nigeria (AMCON) has announced the sale of the Ibadan Electricity Distribution Company (IBEDC) for N100 billion. Gbenga Alake, Managing Director and Chief Executive Officer of AMCON, revealed the development during a media parley with journalists on Thursday. In April 2024, the federal government had disclosed plans to sell five power distribution companies under the control of banks and AMCON. IBEDC is one of the five, alongside Abuja Electricity Distribution Company (AEDC), Benin Electricity Distribution Company, Kaduna Electricity Distribution Company, and Kano Electricity Distribution Company. Speaking…

Lagos bizwoman, Adekemi Folorunsho, arraigned for ‘$700,000, N190m’ fraud

Editor

A Lagos businesswoman, Adekemi Folorunsho has been arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged $700,000 and ₦190,000,000.00. fraud. The defendant, who presented herself as a bureau de change operator, was arraigned before Justice O.O. Abike-Fadipe at the Special Offences Court in Ikeja, Lagos on a three-count charge of obtaining by false pretence, conspiracy, and stealing. The defendant, however, pleaded not guilty to the charges. EFCC counsel, Ms. Nanbam Mutfwang, urged the court to adjourn the case for the commencement of trial. Earlier, Mutfwang informed the court…

Suspension: Court fines Sen. Akpoti-Uduaghan N5m, orders her recall

Editor

A Federal High Court in Abuja on Friday found Natasha Akpoti-Uduaghan, guilty of contempt over a satirical apology she posted on her Facebook page on April 27 and fined her N5m. The court also ruled that the Nigerian Senate acted beyond its powers by suspending Senator Natasha Akpoti-Uduaghan for six months, ordering her immediate recall to the Red Chamber. Justice Binta Nyako, who delivered the judgment, described the duration of the suspension as “excessive” and without a clear legal foundation. According to the court, both Chapter 8 of the Senate…

16yrs, back to back, Zenith Bank ranks as Nigeria’s number one bank by Tier-1 Capital in 2025’s Top 1000 World Banks

Editor

Zenith Bank Plc has retained its position as the Number One Bank in Nigeria by Tier-1 Capital for the sixteenth consecutive year, in the 2025 Top 1000 World Banks’ Rankings, published by The Banker,Financial Times Group, United Kingdom. This ranking places Zenith Bank Plc as the 581st Bank globally, with a Tier-1 Capital of $2 billion. The global rankings, published in the July 2025 edition of The Banker, was based on the 2024 year-end Tier-1 capital of banks. This is the primary basis for most international organizations’ assessments of banks.…

Access Bank highlights leadership at Climate Governance Initiative launch

Editor

Access Bank PLC has once again demonstrated its leadership in sustainable finance with a strong showing at the launch of the Climate Governance Initiative Nigeria (CGIN) Chapter, hosted by Lagos Business School. Dr. Greg Jobome, Executive Director, Risk Management at Access Bank, was specially invited to speak at the event in recognition of the Bank’s pioneering role in integrating sustainability into its business model and its inspiring leadership within Nigeria’s corporate landscape. In his presentation, Jobome provided a comprehensive overview of how Access Bank has embedded climate risk considerations across…

FirstBank unveils Advanced Facial Biometric Technology on FirstMobile for seamless user enrollment and device activation

Editor

FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on its mobile banking application- FirstMobile, along with other exciting features that includes: • Facial recognition sign-up and activation • Virtual credit cards for secure online shopping • Instant credit card activation • Flexible salary advances with 3-month repayment options • General improvements, bug fixes, These upgrades all aim to provide customers with a seamless, secure, and efficient digital banking experience. The new facial biometric feature enables users to activate or…

FirstBank wins gold for Best Corporate University in Social and Climate Change Impact

Editor

FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities (GlobalCCU) Awards 2025. This highly acclaimed award recognises FirstAcademy’s outstanding commitment to driving social and climate change learning initiatives, aligning its learning and development programs with internal stakeholder needs, and promoting Corporate Social Responsibility (CSR). The GlobalCCU Awards is a prestigious, biannual recognition of excellence in corporate universities,…

Networking Unlocks Vast Opportunities, Possibilities – Dr. Ohens

Editor

By Tony Icheku From a funeral ceremony to a highbrow nightclub, to interactions with sources while on the job as a reporter, Dr Joseph Ohens proffered that any encounter between individuals offers an opportunity to begin networking – it is a window to vast opportunities and possibilities. The USA-based lawyer and healthcare administrator, in a passionate presentation brimming with anecdotes, personal encounters, and practical experiences, on Sunday June 29, 2025, cracked the code on the inherent possibilities and potentials networking offers. “It unlocks doors to wider range of opportunities not…

UPDATED: Family griefs as Peter Rufai, fmr. Super Eagles legendary goalkeeper dies

Editor

Former Super Eagles first-choice goalkeeper, Peter Rufai, has passed away. The legendary Nigerian goaltender died on Thursday after a prolonged illness aged 61. Fondly known as Dodomayana, Rufai was widely regarded as one of the finest goalkeepers Nigeria has ever produced. His football career spanned two decades, during which he played professionally in Belgium, the Netherlands, Portugal, and Spain. Rufai represented Nigeria at two FIFA World Cups and participated in three Africa Cup of Nations (AFCON) tournaments, winning silver in 1984 and 1988 before clinching the AfCoN cup in 1994.…

Ibrahim Little quits PDP, joins oppositiin coalition

Editor

A prominent member of the People’s Democratic Party (PDP) in Kano State, Ibrahim Ali Amin (Little), has resigned from the party, citing unresolved leadership crises and a breakdown of internal democracy. In a resignation letter addressed to the Ward Chairman of Tudun Wada Ward in Nassarawa Local Government Area, Amin said his decision takes effect immediately. “I wish to formally inform you of my decision to resign my membership of the People’s Democratic Party (PDP) with immediate effect,” the letter read. Amin, a long-time member of the PDP, expressed frustration…

Why i joined ADC, Buhari’s AGF, Shehu Malami

Editor

Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, has officially resigned from the ruling All Progressives Congress, APC. Malami announced his defection to the African Democratic Congress, ADC, on Tuesday, July 2, 2025, citing the party’s alignment with a new coalition aimed at res Former Attorney General of the Federation and Minister of Justice, Abubakar Malami, SAN, has officially resigned from the ruling All Progressives Congress, APC. Malami announced his defection to the African Democratic Congress, ADC, on Tuesday, July 2, 2025, citing the party’s…

Court convicts two social media influencers for Naira abuse

Editor

Justice Uche Agomoh of the Federal High Court sitting in Ibadan, Oyo State, has convicted two social media influencers, Bukola Rufai and Abdulateef Jimoh, for abusing Naira notes. This was disclosed in a statement issued on Wednesday by the Head of Media and Publicity, Dele Oyewale. The statement reads, “The convicts were prosecuted on a joint one-count charge that bordered on currency mutilation by the Ibadan Zonal Directorate of the Economic and Financial Crimes Commission.” The charge stated, “That you, Bukola Rufai and Abdulateef Jimoh, on or about the 25th…

Charles Uchenna Nwadavid, Nec Bullion boss jailed in U.S. over $2.5m scam

Editor

Charles Uchenna Nwadavid, the founder of Nec Bullion Construction firm has been jailed by a federal court in Boston, United States, over $2.5 million scam United States Attorney Leah B. Foley and Ted E. Docks, Special Agent in Charge of the Federal Bureau of Investigation (FBI), Boston Division, announced the conviction on Thursday. Mr. Nwadavid, 35, defrauded victims—residents of Massachusetts—of over “$2.5 million” and transferred the stolen funds into cryptocurrency accounts overseas. A statement from the U.S. Attorney’s Office for the District of Massachusetts confirmed that the Abuja-based businessman pleaded…

How Tinubu’s deal with Kwankwaso forced Ganduje out of APC

Editor

Abdullahi Ganduje has resigned as the National Chairman of the All Progressives Congress (APC), citing health grounds. However, sources suggest that his resignation was triggered by President Bola Tinubu’s alleged plan to bring former Kano State Governor Rabiu Kwankwaso into the party. The two have a long-standing feud, dating back to when Ganduje succeeded Kwankwaso as governor in 2015. Key Details: – Ganduje’s Resignation: Effective immediately, with Ali Bukar Dalori set to assume the position of Acting National Chairman – Reason for Resignation: Officially cited as health concerns, but reportedly…

Dangote’s great uncle, Alhassan Dantata is dead

Editor

Prominent Kano businessman and philanthropist, Alhaji Aminu Alhassan Dantata, has died in Kano at the age of 94. The late Aminu Dantata was a great uncle to Africa’s richest man, Aliko Dangote. His death was confirmed on Saturday via a Facebook post by his Principal Private Secretary, Mustapha Abdullahi Junaid. “It is with a heavy heart that I announce the passing of our beloved father, Alhaji Aminu Alhassan Dantata. “May Allah grant him Jannatul Firdaus and forgive his shortcomings. “The Janazah details will be shared later insha Allah,” Junaid wrote.…

EFCC drags CITITRUST to court over N400m unreported high-value transactions

Editor

CITITRUST Holdings PLC and three of its subsidiaries have been charged to court by the Economic and Financial Crimes Commission (EFCC) over alleged financial misconduct involving unreported high-value transactions. The trial is set to begin on July 1, 2025, at the Federal High Court in Lagos. The subsidiaries named in the eight-count charge under the CITITRUST Holdings are Cititrust Funding PLC, Cititrust Credit Limited, and Cititrust Financial Services Limited. The case is being prosecuted by a team from the EFCC comprising Anasoh Henry Onyekachi, Frankklin Ofoma, Abdulhamid Lamido Tukur, and…

Why NAPTIP declared Speed Darlington wanted

Editor

The National Agency for the Prohibition of Trafficking in Persons has declared Nigerian entertainer, Darlington Okoye, popularly known as Speed Darlington, wanted in connection with alleged offences including rape, cyberbullying, and cyberstalking. NAPTIP made this known via its official Instagram handle @officialnaptip on Friday afternoon. It read, “WANTED BY NAPTIP. Darlington Okoye, aka Speed Darlington, is wanted in connection with alleged offences including rape, cyberbullying, and cyberstalking. “Anyone with credible information on his whereabouts is urged to contact NAPTIP immediately. Call: 07030000203, info@naptip.gov.ng.” The notice comes a month after Okoye…

All calm at APC secretariat as national chairman, Ganduje resigns

Editor

Following the resignation of the National Chairman of the ruling All Progressives Congress, Abdullahi Ganduje, from his exhulted position, all remain calm at the head office of the ruling party. A source within the APC national headquarters, who does not want his name mentioned in print because he is not authorised to speak on the matter, said the National Working Committee will announce an acting chairman soon. As of Friday, details surrounding his resignation remain unclear at press time. However, a reliable source exclusively informed our correspondent that “Yes, Ganduje…

Union Bank set to disburse YIEDEP N50k, N500k FG’s grant, begins BVN verification

Editor

The Youth Economic Intervention and De-Radicalization Empowerment Programme (YEIDEP) has entered its next stage as of October 2025, and this is especially important for beneficiaries linked with Union Bank. According to the latest update, Union Bank has taken the lead in processing and is the first financial institution to complete collation of bank account details for YEIDEP participants. Now, Union Bank has officially moved to the BVN (Bank Verification Number) verification phase. This step is crucial to ensure that every listed beneficiary is a legitimate applicant and qualifies for the…

Innovating Education in Africa 2025’s USD 150,000 Grants to close on June 30

Editor

Application Deadline: June 30, 2025 Applications are now open for the 2025 African Union Innovating Education in Africa. The program is designed to generate, validate, and scale solutions to persistent education and training challenges. Since its launch, IEA has engaged over 1,500 education stakeholders, promoted 180 innovations, and provided up to USD 1 million in technical and financial support to mainstream outstanding solutions within public education systems. The AU Innovating Education in Africa Call invites innovators to propose practical education innovations with the potential for sustainability, scalability and replication on…

Call For Applications: Entrepreneurship World Cup 2025 (Up to $250,000 Prize)

Editor

The Entrepreneurship World Cup is one of the largest and most diverse pitch competitions and support programs of its kind. Every year, tens of thousands of entrepreneurs from 200 countries compete for a share of US$1 million dollars in cash prizes and millions more worth of investment, support and publicity and a global finals event attended by leading investors. The Entrepreneurship World Cup is co-hosted by the Global Entrepreneurship Network (GEN) and Monsha’at, the Small and Medium Enterprises General Authority in Saudi Arabia, with support from more than 50 strategic…

Benue Gov, Alia suspends aide, Mkor Aondona, arrested over sextortion

Editor

Benue State Governor Hyacinth Alia has suspended Mkor Aondona, his Special Adviser on Research and Planning, following his arrest by the Economic and Financial Crimes Commission (EFCC). The EFCC announced on Saturday that Aondona was taken into custody after several female students accused him of sexual exploitation, cyberbullying, and blackmail. According to the petitioners, the governor’s aide allegedly demanded sexual favours in exchange for job opportunities and secretly recorded the acts without consent. He then reportedly used the videos to threaten the victims, coercing them into continued sexual activity. In…

My ordeals in the hands of Adaobi, ex-IBEDC boss, Ayeni laments

Editor

Tunde Ayeni, a former chairman of the defunct Skye Bank Plc, has shared how his relationship with his ex-mistress, Adaobi Alagwu, almost ruined his life and everything he worked hard for. In a no-holds-barred interview with journalists published by Thisday, Ayeni described the relationship as one of the gravest mistakes of his life, lamenting how it spiraled from an attempt to protect his image into a battle for his sanity, dignity, and properties. “When people refer to her as my ex-mistress, I hate to even hear it because it’s one…

Killer gospel singer sentenced to death for slaughtering girlfriend

Editor

Oluwatimileyin Ajayi, the controversial gospel singer who murdered his girlfriend, Salome Adaidu, a National Youth Service Corps member, has been sentenced to death by hanging by the High Court in Lafia, Nasarawa State. Delivering judgment on Thursday, Justice Simon Aboki found Ajayi guilty of culpable homicide, having killed and dismembered the victim. Justice Aboki said that the prosecuting counsel proved their case beyond a reasonable doubt that the convict killed the victim at his residence. The judgment posited that the defendant claims that he became unconscious after having a good…

Why mental health disorders persist -ACPN Chairman

Editor

The Association of Community Pharmacists of Nigeria (ACPN) is sounding the alarm on the devastating impact of drug abuse in the country, citing its role in fueling mental health disorders, crime, school dropouts, and family breakdowns. According to ACPN Chairman Ambrose Ezeh, unchecked drug abuse threatens not only individuals but also the fabric of society, crippling dreams and sabotaging national development. Key Concerns: – Mental Health Disorders: Drug abuse is linked to a surge in mental health issues, particularly among youth. – Crime and School Dropouts: Substance abuse contributes to…

NECA praises as Tinubu signs four tax reform bills into law

Editor

The Nigeria Employers’ Consultative Association (NECA) has welcomed President Bola Tinubu’s signing of four major tax reform bills into law, hailing it as a landmark move to end over a decade of debilitating multiple taxation that has stifled businesses in Nigeria. “The new tax reform law is a game-changer,” NECA Director-General Adewale-Smatt Oyerinde declared at the fourth Employers Summit in Abuja, noting it provides much-needed relief to the Organised Private Sector by streamlining taxes, levies, and fees nationwide. NECA Director-General, Adewale-Smatt Oyerinde, described President Tinubu’s assent to four key tax…

Call For Applications: TY Danjuma MBA Scholarship 2025 for African Business Leader

Editor

The TY Danjuma MBA Scholarship is a prestigious initiative designed to empower African students who have secured admission to the world’s leading MBA programs. By providing financial assistance to a select group of high-achieving candidates, this scholarship aims to ease the financial burden of attending top-tier business schools and help African professionals build a global network, gain world-class education, and return to their communities better equipped to drive progress and innovation. About the Scholarship Launched in 2011, the TY Danjuma MBA Scholarship supports African students who have been accepted onto…

Endorsement galore for Oyebanji as NASET, Ekiti Creative Artists Forum, Drink Vendors, Okada, Tricycle riders back second term bid

Editor

An unprecedented wave of endorsements came the way of Ekiti State Governor, Mr. Biodun Oyebanji, as numerous groups, comprising professional bodies, artisans, and trade associations, rose in unison to declare their support for his second-term bid. The Nigeria Association of Special Education Teachers (NASET), rising from its 36th National Conference in Ado Ekiti, Ekiti State capital, is backing Mr Oyebanji for re-election in 2026, based on the effectiveness of his administration’s policies for Persons with Disabilities (PWDs) and the significant investment in special education. Speaking on behalf of the national…

We will continue to attract investors to drive economic growth -Oyebanji

Editor

Ekiti State Governor, Mr Biodun Oyebanji has reiterated his administration’s commitment to creating a business-friendly environment that will attract investors and drive economic growth in the state. Governor Oyebanji, who stated this on Monday in his office in Ado Ekiti during the second quarter report of Ease of Doing Business Council (EoDB), said his administration is focused on removing every barrier to doing business in the state by implementing policies that would enhance ease of access for investors in the state. Identifying power and road infrastructure as two major barriers…

Access Holdings tops in asset quality in Proshare’s banking ranking

Editor

Access Holdings PLC has been ranked the Tier 1 bank with the best asset quality in Nigeria, having posted the lowest Non-Performing Loan Ratio (NPLR) at 2.76 percent, according to Proshare’s 2025 Tier 1 Banking Report released,recently. This marks a significant achievement for Access Holdings, reinforcing its leadership in credit discipline, risk management, and sustainable lending practices. The report, titled “The Class of 2025: Getting Bigger, Bolder, and Dominant”, ranks Access Holdings second overall in the Tier 1 category, placing just behind Ecobank Transnational Incorporated (ETI), which led with a…

Defamation: Natasha Akpoti-Uduaghan granted N50m bail

Editor

The Federal Capital Territory High Court, Maitama in Abuja on Thursday, granted the suspended Senator representing Kogi Central Senatorial District, Natasha Akpoti-Uduaghan, bail in the sum of N50 million and one surety who must be a person of reasonable integrity resident in F.C.T Abuja and owns a landed property within the Abuja Municipal Area Council. The trial judge, Justice Chizoba Orji, made the declaration in a ruling after taking arguments for and against the bail application from the parties in the suit. The Attorney General of the Federation, in a…

Zenith Bank reassures shareholders, investors of continued dividend payment, exits CBN’s regulatory forbearance June 30

Editor

Zenith Bank Plc, Nigeria’s biggest bank by Tier-1 Capital, has assured shareholders and investors of its readiness to satisfy all relevant conditions to exit the Central Bank of Nigeria’s (CBN) regulatory forbearance by June 30, 2025. The bank also expressed confidence in meeting shareholders’ dividend expectations in the 2025 financial year. The clarification comes on the back of heightened scrutiny of Nigerian banks’ capital health following the new CBN directive that suspends dividend payments and tightens oversight for banks with outstanding forbearance-related loans or breaches of the Single Obligor Limit…

Port Harcourt oil magnate, Ugochukwu Nwaemere arraigned over N750m fraud

Editor

The Economic and Financial Crimes Commission (EFCC) on Tuesday arraigned Ugochukwu Nwaemere, Executive Director of Pennhydro-Pell Oil and Gas Limited, before Justice E.A. Obile of the Federal High Court sitting in Port Harcourt, Rivers State. Nwaemere is facing charges of conspiracy, forgery, and obtaining money under false pretence to the tune of N750 million (Seven Hundred and Fifty Million Naira). He was arraigned on a 10-count charge. One of the charges reads: “That you, Ugochukwu Joseph Nwaemere being the Managing Director/Chief Executive Officer of Pennhydro-Pell Oil & Gas Limited and…

Fidelity Bank refutes report of insider trading allegation against CEO

Editor

Fidelity Bank Plc has strongly denied allegations of insider trading and misuse of funds leveled against its Chief Executive Officer, Nneka Onyeali-Ikpe. In a statement released Friday, the bank’s Company Secretary, Ezinwa Unuigboje, described the report as “fabricated,” adding that it was intended to mislead the public and damage both the reputation of the bank and its CEO. The bank clarified that all transactions by its CEO adhered strictly to the rules governing insider trading, including the Nigerian Exchange (NGX) listing requirements and the Securities and Exchange Commission (SEC) regulations.…