Standard Bank Closes USD 250 Million Strategic Financing for Aradel Energy Stanbic IBTC Capital Limited, Stanbic IBTC Bank Limited, and The Standard Bank of South Africa Limited (together, “Standard Bank”) have successfully achieved financial close on a landmark USD 250 million financing facility for Aradel Energy Limited (“Aradel Energy” or the “Company”). The facility was structured to support Aradel Energy’s strategic growth agenda, including the acquisition of an additional 40% equity interest in ND Western Limited (“ND Western”) from Pet…
NTPIC AND TAX ADVISORY INSTITUTIONS MEET. TEGBE EMPHASISES THE NEED FOR CLEAR COMMUNICATION AND PUBLIC TRUST The National Tax Policy Implementation Committee (NTPIC) has continued its stakeholder engagement program, convening a high-level consultative session with leading tax advisory firms, professional bodies, and institutional representatives to support the effective implementation of Nigeria’s newly enacted tax laws. The institutions were represented by their national presidents, while the advisory firms were represented by their lead…
Why Access Champions Africa’s Biggest Race On a particular Saturday each February, before dawn breaks over Lagos and thousands of participants prepare for the event, the city is filled with an unmistakable sense of anticipation. Roads typically bustling with traffic become thoroughfares devoted to new possibilities. Whether it is first-time runners adjusting their bibs or elite athletes focusing on the challenge ahead, a recurring question arises in both public discourse and executive meetings: What motivates Access to consistently support A…
MTN, Lagos Govt Unveil ‘Y’ELLO Bus Park’ at Obalende Under-Bridge The Lagos State Government has announced a partnership with MTN Nigeria for the redevelopment and renaming of Obalende under-bridge to Y’ELLOW Bus Park. In a statement on X on Tuesday, Commissioner for the Environment and Water Resources, Tokunbo Wahab, said the move will transform the space to a “functional” hub. “I am pleased to announce that the Lagos State Government is collaborating with MTN Nigeria @MTN to redevelop and transform the Obalende under-bridge into a moder…
NTPIC Continues Stakeholder Engagement; Meets Tax Advisory Institutions The National Tax Policy Implementation Committee (NTPIC) has continued its stakeholder engagement program, convening a high-level consultative session with leading tax advisory firms, professional bodies, and institutional representatives to support the effective implementation of Nigeria’s newly enacted tax laws. The institutions were represented by their national presidents, while the advisory firms were represented by their leading tax partners. Addressing the session, …
CSOs Seek Independent Probe into Interior Minister’s NYSC Records The Niger Delta Think Tank on Good Governance, led by its Convener, Ambassador Gregory Oritsetimihin, has called on President Bola Ahmed Tinubu to institute an independent and transparent review of issues arising from the National Youth Service Corps (NYSC) records of the Minister of Interior, Dr. Olubunmi Tunji-Ojo. The call was made on Monday during a press conference, where the group cited official correspondences between Premium Times and the NYSC obtained under the Freedom …
NCC Approves ₦250,000 Fee for Interim Service Authorisation Abuja | January 26, 2026 The Nigerian Communications Commission (NCC) has approved an administrative fee of ₦250,000 for applicants seeking an Interim Service Authorisation (ISA), a regulatory permit that allows prospective telecommunications operators to test new services before full commercial rollout. The approval is contained in the Commission’s newly released General Authorisation Framework, which is designed to lower barriers to entry, encourage innovation, and support the i…
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