- Homeland News
Gov. Abdulrazaq mourns Chief Imma of Ilorin
By Mosunmola Ayobami, Ilorin Kwara state governor Mallam Abdulrahman Abdulrazaq has expressed sadness over the unfortunate death of the Chief Imam of Ilorin Sheikh Muhammad Bashir Imam Solih (OON). The Chief Imam died on Monday morning in Abuja as Allaah has unquestionably decreed for his servants. He was 75 years old. This was contained in a statement he personally signed…
Read More » - Business
2025FY: Geregu Power declares 0.64% drop in profit
Geregu Power on Monday announced a profit after tax drop of 0.64 per cent to N27.50 billion in 2025 financial year results posted on the Nigerian Exchange Limited (NGX) from N27.43billion declared in 2024. The power generating company, however, saw its profit before tax gaining 1.74 per cent to N41.99 billion in 2025 from N41.27billion posted in 2024. Despite slow…
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Emir mourns Chief Imam of Ilorin, as Janazah holds today
By Mosunmola Ayobami, Ilorin The Emir of Ilorin and Chairman Kwara State Traditional Rulers Council, Mai-Martaba Alhaji (Dr) Ibrahim Sulu-Gambari CFR has expressed deep sadness over the demise of the Chief Imam of Ilorin, Shaykh (Dr) Muhammad Bashir Imam Solih OON. Alhaji Sulu-Gambari, in a condolence message issued by his Press Secretary, Dr. Abdulazeez Arowona, described the demise of the…
Read More » - Company Report
FCMB, others opt for phased recapitalisation strategies in Nigeria’s banking sector drive
Nigeria’s banking sector is entering the decisive stage of its most ambitious recapitalisation exercise in more than a decade, with lenders adopting sharply different strategies to meet new regulatory capital thresholds ahead of the March 31, 2026 deadline set by the Central Bank of Nigeria (CBN). While attention has largely focused on banks that have already crossed the N500 billion…
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Seplat Energy reaffirms responsible operations, backs NGX’s net-zero drive
Seplat Energy Plc has reiterated that oil and gas will continue to play a critical role in Nigeria’s energy mix, while stressing the need for operators to conduct their activities responsibly, efficiently, and sustainably. This position was articulated by Director, Gas & New Energy, Seplat Energy, Mr. Okechukwu Mba who represented the Company’s Chief Executive Officer, Mr. Roger Brown, at…
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Zichis Agro Allied Industries projects 1,000 hectares of farmland by 2030
Amid its expansion plans, Zichis Agro Allied Industries Plc said it targeted a 1,000 hectares of farmland by 2030. The management in a statement obtained by WESTERNPOST stated that its vision is taking root in the heart of the soil, stressing that it dreams to expand from an 18-acres to 61 acres of thriving green gold. The management noted it…
Read More » - Perspectives
Ibadans/Makinde’s calculated and sustained efforts at demeaning Alaafin throne, by Kola Amzat
With the governor, and all dignitaries, as well as the government functionaries already seated in an Inter-Faith event recently organized by Oyo state government, Oba Ladoja who arrived late to the occasion, greeted everyone seated on his way to his designated seat, but, opted to ignore the gestures of greeting extended onto him by Alaafin of Oyo, His Imperial Majesty,…
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Emir of Ilorin, Saraki, commend Yusuf Ali’s philanthropy
By Mosunmola Ayobami, Ilorin Emir of Ilorin, Alhaji Ibrahim Sulu-Gambari and ex-Senate President Bukola Saraki on Thursday praised Yusuf Ali (SAN)’s philanthropy. The monarch and former governor of Kwara state said this in Ilorin at a public presentation and book launch and unveiling of the Kuliya Ngari of Ilorin. Alhaji Ibrahim last year bestowed on Ali, Osun indigene, as the…
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SEC raises capital requirements for market dealers to N1bn
The Securities and Exchange Commission (SEC) has raised capital requirements for market dealers (proprietary trading only) from N100 million to N1 billion and that of dealers (client execution only) from N200 million to N600million. This is according to a circular released by the Commission on January 16, 2026, which replaces the long-standing 2015 capital regime and sets a compliance deadline…
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NGX Group, DEG, corporates advance net-zero transition to unlock climate capital
Nigerian Exchange Group (NGX Group), in collaboration with Germany’s development finance institution DEG and Africa Foresight Group, convened a CEO Roundtable to accelerate corporate climate commitments and position Nigerian corporates for access to climate-linked capital estimated at $2.5–$3.0 billion. The NGX–DEG CEO Roundtable brought together corporate leaders, development finance institutions, and market stakeholders to advance the NGX Net-Zero Programme (N-Zero),…
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