Business

By Folashade Olorunfemi Bayelsa State government has signed a renewal energy agreement for solar panels manufacturing plant in the state. The tripartite deal between the Federal Government’s Rural Electrification Agency (REA), the Bayelsa government and J Marine Logistics Limited, a subsidiary of the Dubai-based Jampur Group that supplied the state’s 60mw gas turbines, was signed in Abuja during the 2025…

By Folashade Olorunfemi In a bid to prime Akwa Ibom State as the tourism hub of the nation and expand its income generation base, Akwa Ibom State Governor, Umo Eno has ensured the utilization of all tourism assets in the State. The latest addition being the Arise City Shopping Center, is expected to attract shoppers and tourists from across the…

United Bank for Africa (UBA) Plc, said it is set to reinforce its role in shaping the continent’s financial ecosystem with the launch of its landmark whitepaper. The whitepaper, titled “Banking on Africa’s Future: Unlocking Capital and Partnerships for Sustainable Growth,” will be unveiled on the sidelines of the World Bank-International Monetary Fund (IMF) Annual Meetings in October 2025 in…

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has called on all stakeholders in the downstream petroleum sector to collaborate in order to drive sustainable growth and unlock value across the industry. Group Chief Executive Officer of NNPC Ltd., Engr. Bashir Bayo Ojulari, made the call on Tuesday during the 2025 Inaugural Annual Downstream Petroleum Week, organised by the House…

By Folashade Olorunfemi In a bid to promote creativity and innovation as key drivers of economic growth in the state, the Edo State Government has launched a two-day “Grants/Support to Entrepreneurs” across the state. During the grand finale of the event, which held at the Technology Incubation Centre, South-South Zone E in, Benin City, the Acting Permanent Secretary, Ministry of…

Zenith Bank Plc on Tuesday marked a significant milestone with a Closing Gong Ceremony at the Nigerian Exchange (NGX), celebrating the successful conclusion of its public offer and the achievement of the Central Bank of Nigeria’s (CBN) recapitalization target. The Bank’s recently concluded public offer, which was heavily oversubscribed, contributed ₦350.46 billion to its total capital raise, bringing its capital…

 The Dangote Petroleum Refinery has earned a high commendation from the Global Board members of the Project Management Institute (PMI), which described the facility as a world-class model of excellence in project execution and remarkable demonstration of global project management standards. The PMI’s Board members led by the Chief of Staff to the global Chief Executive Officer, Lenka Pincot on…

By Folashade Olorunfemi The Edo state government through the Ministry of Mining has announced its readiness to partner with the Federal government and private stakeholders in harnessing its Oil and Gas resources responsibly, attract meaningful investments, and contribute to Nigeria’s sustainable economic future. This was revealed through an affirmation made by the Commissioner for Mining, Andrew Ijegbai, during a one-day…

The Securities and Exchange Commission (SEC) has stated that it firmly believes that financial literacy is not merely an academic subject, but a life skill, and indeed, a survival tool in today’s complex and rapidly evolving economy. Director General of the SEC, Dr. Emomotimi Agama stated this at the handing over ceremony of the reviewed National Universities Commission’s (NUC) Curriculum…

Access Bank Plc has taken a major step toward seamless intra-African payments with the recent integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship mobile application, AccessMore. This strategic move underscores Access Bank’s commitment to enhancing cross-border payment experiences for its customers across the continent. To mark the launch, the Chief Executive Officer of PAPSS, Mike Ogbalu…