Dangote Targets Steel, Power, Ports in New Industrial Push President of Dangote Group, Aliko Dangote, has unveiled plans to expand into steel production, electricity generation and port development as part of a broader ambition to accelerate industrialisation across Africa. Dangote, whose conglomerate spans cement, sugar, salt, fertiliser, and petrochemicals, said his long term goal is to deepen Africa’s manufacturing base beyond oil refining and position the continent as a global industrial force. His latest flagship project, the Dangote Petr…
NESCAFÉ Deepens Everyday Access with New Presence at Ojo Bus Terminal, Ibadan Oloidi Joseph, Branch Manager, South West Nigeria, Nestlé Nigeria; Jean-Pierre Duplan, Category Manager for Coffee, Nestlé Nigeria; Ibraheem Awelenje, Nestlé Professional Channels Manager, Nestlé Nigeria; and Babatunde Olasunkanmi, Director, Works & Transport, Oyo State, at the official launch of the NESCAFÉ kiosk at Ojo Bus Terminal, Ibadan, Oyo State. Before sunrise at Ojo Bus Terminal in Ibadan, engines warm up and journeys begin. Commuters move quickly, drive…
NICA Confers Fellowship on Polaris, Union Bank CEOs, Kayode Lawal, Yetunde Oni, and Other Financial Sector Leaders L–R: Kayode Lawal, Managing Director/CEO, Polaris Bank, receives the Professional Fellowship certificate from Dr. Markie Idowu, President of the Nigerian Institute of Credit Administration (NICA), during the Institute’s investiture ceremony. The National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other …
Kalabari Kingdom Witnesses Historic Rite as King Dokubo-Asari Installs Son as Chief, rolls out a Boat Regatta By Al Humphrey Onyanabo The rich customs and time-honoured traditions of the ancient Kalabari kingdom came alive in Buguma, Rivers State today, February 28, 2026 as Da Amakiri Tubo, Alhaji Mujahid Abubakar Dokubo-Asari, Dabaye Amakiri 1, Amanyanabo of Elem Kalabari ( The Source) formally presented his son, Briebibo Dienyefa, to the Kalabari nation as a chief. The ceremony marked the culmination of over two months of meticulous traditio…
DG NCSP Congratulates China on Spring Festival, Highlights New Phase of Economic Cooperation As the People’s Republic of China marks the Spring Festival and ushers in a new Lunar Year, the Director-General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has extended warm congratulations to the Government and People of China, noting that this year’s celebration coincides with the 55th anniversary of diplomatic relations between Nigeria and China. In a statement, Tegbe described the milestone as a testament to a resilient and st…
GTBank Launches Quick Airtime Loan at 2.95% Lagos, Nigeria — 17 February 2026 — Guaranty Trust Bank Ltd (GTBank), the flagship banking franchise of GTCO Plc, Africa’s leading financial services group, today announced the launch of Quick Airtime Loan, an innovative digital solution that gives customers instant access to airtime when they run out of call credit and have limited funds in their bank accounts, ensuring customers can stay connected when it matters most. In today’s always-on world, running out of airtime is more than a minor inconven…
Polaris Bank Launches Global Gift Card Feature on VULTe Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds. Designed for speed, security, and everyday relevance, the feature allows users to choose from a wide range of international and local brands spanning groceries, beauty and wel…
GTCO Reinforces Commitment to Sports Development as Lagos STL Triumphs at 2026 NPA Lagos Polo Tournament Yemo Alakija (right), President, Lagos Polo Club and Mr. Segun Agbaje, Group CEO, GTCO Plc along side other dignitaries and players during the presentation of the Majekodunmi Cup to winners at the NPA Lagos International Polo Tournament sponsored by GTCO in Lagos. Lagos, Nigeria — Guaranty Trust Holding Company Plc (GTCO) has reaffirmed its commitment to sports development in Nigeria and across Africa following the conclusion of the 2026 NP…
Excitement as Warri/Effurun Roads, Flyovers near completion . Julius Berger works speedily ahead rainy season There is growing excitement in Warri and Effurun as Julius Berger Nigeria PLC presses ahead with the Warri/Effurun Roads and Flyovers, with projects nearing completion ahead of the upcoming rainy season. The engineering contractor, Julius Berger last week, reported rapid progress on the Delta State government funded initiatives, including three flyovers and related road works that are transforming traffic flow and commercial activ…
Sterling HoldCo Confirms Full Recapitalisation of Two Banking Subsidiaries …Sets Benchmark for Strategic Growth Lagos, Nigeria: Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in line with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements, following final regulatory approvals received in January 2026. The capital-raising programme itself was substantially completed between December 2024 and October 2025, po…
NCSP, NACCIMA Move to Unlock SME-Led Industrial Growth The Nigeria–China Strategic Partnership (NCSP) has reaffirmed its commitment to consolidating engagements with the Organized Private Sector while strengthening strategic collaboration to accelerate Nigeria’s industrial expansion. This followed a high-level meeting with the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), focused on aligning institutional efforts to deepen Nigeria–China economic cooperation and position Small and Med…
Stanbic IBTC Bank strengthens industry collaboration with housing finance expertise at the 2026 Wemabod Real Estate Summit L–R: Tola Akinhanmi, Head, Real Estate Finance, Stanbic IBTC Capital; Sa'adiya Aliyu, Managing Director, Urban Shelter; Otunba Bimbo Ashiru, Group Chairman, Odu’a Investment Company; Wole Adeniyi, Chief Executive, Stanbic IBTC Bank; and ESV. Bashir Oladunni, Managing Director/Chief Executive Officer, Wemabod Limited, during the 2026 Wemabod Real Estate Outlook, held recently in Lagos. Stanbic IBTC Bank, a subsidiary of…
What Nigeria’s Power Sector Trends Signal for Infrastructure Development in 2026 Recent trends in Nigeria’s power sector suggest that infrastructure development will be the defining factor shaping electricity performance in 2026, despite notable policy and revenue reforms recorded over the past two years. The years 2024 and 2025 marked a pivotal phase for the sector, with electricity market revenues growing by approximately 70 per cent following the introduction of cost-reflective tariffs and the launch of the National Integrated Electricity P…
Rite Foods Tasks Nigerians on Love at Valentine's Rite Foods Limited, a leader in Nigeria’s food and beverage industry, has enjoined Nigerians to leverage the occasion of this year’s Valentine’s Day to embrace love, togetherness, and life’s meaningful moments. Valentine’s Day, globally recognised as a celebration of love in all its forms, presents a moment to pause, connect, and create lasting memories. Rite Foods inspires consumers to turn everyday moments into shared celebrations through kindness, connection, and the simple joy of coming…
WEMA BANK SET TO SPONSOR CELEBRITY PERFORMANCE AT COUPLE’S WEDDING In the spirit of the season of love, Wema Bank has announced the couple who will be getting a special celebrity artiste performance at their wedding on Valentine’s Day, February 14, 2026: The bride, Rita Ndukwe and the groom, Jemil Adama. Inspired by the “Evolution” theme of its upgraded ALAT App tagged “ALAT: The Evolution”, Wema Bank launched its Valentine campaign on February 1, 2026, with a focus on celebrating the journey of love across four categories: self-love, friendsh…
Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre L-R: Sunday Olasupo, Assistant Controller, Ikoyi Correctional Centre; Nwamaka Kalu, Head, Human Resource Business Partnerships and Communication, Fidelity Bank Plc; Sunday Ogundele, Assistant Controller, Ikoyi Correctional Centre; Obiora Mbaekwe, Head, HR Shared Services, Fidelity Bank Plc; Dr Julius Ogueri, Deputy Controller, Ikoyi Correctional Centre; Charles Nwachukwu, Chief Human Resources Officer, Fidelity Bank Plc; and Dr Chidi Nwankwo, Assistant Controller, Ikoyi Correc…
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