Senate Screens Tegbe as Power Minister, Outlines Reform Priorities and Delivery Commitments
Senate Screens Tegbe as Power Minister, Outlines Reform Priorities and Delivery Commitments The Nigerian Senate on Wednesday screened the Minister of Power designate, Engr. Joseph Olasunkanmi Tegbe, with discussions centred on his reform agenda and plans to address longstanding challenges in the power sector. During the session, Senators acknowledged his experience across public sector reform and infrastructure, noting that his cross-sector background positions him to support ongoing efforts to stabilize the sector. In his address, Tegbe stres…
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Access Holdings Clarifies Dividend Position Amid Strong 2025 Earnings
Access Holdings Clarifies Dividend Position Amid Strong 2025 Earnings Lagos, Nigeria – May 6, 2026: Access Holdings Plc has reaffirmed its commitment to longterm shareholder value and sustainable returns, following a strong performance in the 2025 financial year, while providing clarity on the rationale for the nonpayment of dividends for the year ended December 31, 2025. The clarification was provided during the Group’s Full Year 2025 Investors and Earnings Call, where management addressed shareholder concerns regarding the absence of a divid…
JMG Strengthens Industrial, Retail, and Logistics Footprint in Q1 2026
JMG Strengthens Industrial, Retail, and Logistics Footprint in Q1 2026 JMG Limited , Nigeria’s leading integrated electromechanical solutions company, has reinforced its market leadership with a series of high-impact engineering and infrastructure projects delivered in the first quarter of 2026. Spanning industrial manufacturing, retail operations, and nationwide logistics, the projects collectively reflect a deliberate strategy to build interconnected systems that drive efficiency, resilience, and scale. This integrated approach is evident i…
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Dangote Refinery says ex‑depot price remains unchanged
Dangote Refinery says ex‑depot price remains unchanged Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. The Refinery by sustaining it’s current prices is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks. By absorbing prevailing cost pressures, the refinery continues to help moderate inflationary risks, promote energy affordability…
ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING
ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026. Engr. Bello’s appointment represents a strategic step to ensure the continuity, stability, and sustained effectiveness of the Board, while reinforcing the high standards of cor…
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Over 450 homes disbursed as Stanbic IBTC redefines home ownership in Nigeria
Over 450 homes disbursed as Stanbic IBTC redefines home ownership in Nigeria Stanbic IBTC is strengthening its position as a trusted leader in home financing in Nigeria through its ongoing partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF). The organisation’s Banking business continues to help professionals, entrepreneurs, and married couples in Nigeria and the diaspora achieve homeownership with greater ease and confidence. In a market where housing supply significantly lags demand and traditional mort…
BANKING BEYOND THE BALANCE SHEET: UNION BANK'S ASBON RECOGNITION AND NIGERIA'S SMALL BUSINESS ECONOMY
BANKING BEYOND THE BALANCE SHEET: UNION BANK'S ASBON RECOGNITION AND NIGERIA'S SMALL BUSINESS ECONOMY From left: President, Association of Small Business Owners of Nigeria (ASBON), Dr. Femi Egbesola and Head, SME Segment, Union Bank of Nigeria, Mr. Ayokunnumi Abraham during the presentation of the Best Bank for SME Growth Banking Initiative Award, 2025, to Union Bank of Nigeria at the 6th Nigeria National SME Business Awards (NNSBA), held on April 30, 2026, at the Rotary Centre, Ikeja, Lagos Union Bank of Nigeria has been named winner …
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