BUSINESS

LAGOS, NIGERIA – JANUARY 06, 2025 – Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of …

BY ABU-SATAR HAMED Air Peace, Nigeria’s leading airline, has reaffirmed its commitment to strengthening connections between Africa and its global diaspora. This pledge was highlighted through a strategic partnership with the Africa Diaspora Investment Network Alliance (ADINA) Summit 2024. As revealed in a release e-signed by Dr. Ejike Ndiulo, Head …

BY DEOLA ADEYEMI ILARO-YEWA, OGUN STATE, NIGERIA – The Yewa People Development Council (YPDC) held its much-anticipated inaugural Annual General Meeting (AGM) at the Private Palace of the Paramount Ruler of Yewaland, Ilaro, on Monday December 30, 2024, bringing together key stakeholders, traditional rulers, and community leaders from across Yewaland. …

BY ABU-SATAR HAMED (reporting from Leeds, UK) ILARO-YEWA, OGUN STATE, NIGERIA – The Olofin Adimula of Ado-Odo, Oba Olusola Lamidi Osolo, has been formally admitted as a member, Board of Trustees (BoT) of the Yewa People Development Council (YPDC). This appointment fills the vacancy left by the transition of the …

ABEOUKUTA, OGUN STATE, NIGERIA – The Governor of Ogun State, Prince Dapo Abiodun, paid a courtesy visit to the Executive Chairman of BUA Group, Abdul Samad Rabiu, at his Banana Island residence in Lagos. The visit was an opportunity for the governor to express gratitude to the renowned industrialist for …

BY LANRE OGUNDIPE For 37 years, Bala Suya was a formidable presence in the suya business in Ibadan, carving out a distinct identity that set him apart from the Hausa community in Sabo, who traditionally dominated the trade. Bala’s journey began at the tender age of 17 when he was …

…Positions Banking Subsidiary To Exceed Regulatory Minimum Capital LAGOS, NIGERIA – Access Holdings Plc (‘the Company’) on Tuesday, December 24, 2024 announced that it has secured the full regulatory approvals of the Central Bank of Nigeria and the Securities and Exchange Commission of its recently closed Right Issue of 17,772,612,811 …

BY ABU-SATAR HAMED LAGOS, NIGERIA – MRS Oil Nigeria Plc, a leading force in the Nigerian downstream oil sector, has officially reduced the pump price of petrol to N935 per litre at all its retail service stations nationwide. This development aligns with an announcement by Aliko Dangote, President of Dangote …

ABEOKUTA, OGUN STATE, NIGERIA – The Ogun State government has announced that the Gateway International Agro-Cargo Airport stands out as the best in Nigeria and the West African sub-region, thanks to its exceptional infrastructure, including the longest runway in the region. The state government emphasized that the airport’s unique features …

ABEOKUTA, OGUN STATE, NIGERIA – The Executive Secretary and Chief Executive Officer of the Nigerian Shippers’ Council, Barrister Ukeyima Akutah, has highlighted Ogun State as a leader in Nigeria’s industrial revolution. Speaking on the state’s impressive performance in the Ease of Doing Business Index, Akutah emphasized that Ogun is setting …