By Ayomide Otitoju Tensions in the Middle East have sharply escalated as Iran’s recent actions, including missile attacks and the closure of the Strait of Hormuz, prompted warnings from Gulf Cooperation Council (GCC) Secretary-General al-Budaiwi, who said Tehran has “overcome all red lines.” The United States threatened Iran with unprecedented military retaliation if it does…
By Ayomide Otitoju The Nigerian Electricity Regulatory Commission has inaugurated the Forum of Nigerian Electricity Regulators (FONER), a platform designed to enhance coordination and effectiveness in electricity regulation across the country. The announcement was made by NERC Chairman, Dr. Musiliu Oseni, during the first quarter 2026 Regulatory Meeting with State Electricity Regulators (SERs) in Lagos…
By Ayomide Otitoju Nigerian National Petroleum Company Limited Executive Vice President, Olalekan Ogunleye, has said that the ongoing crisis in the Middle East is creating commercial opportunities for Nigeria, as demand rises for its liquefied natural gas (LNG) cargoes. Speaking at the CERAWeek energy conference in Houston, Ogunleye highlighted Nigeria’s strategic advantage, noting its proximity…
By Ayomide Otitoju Eight worshippers were abducted during a church service in Omugo community, Ifelodun Local Government Area, Kwara State, with terrorists reportedly demanding a ₦1 billion ransom for the release of five of the victims. The victims, members of the Evangelical Church Winning All, were taken during a service in the rural Oro-Ago axis,…
By Ayomide Otitoju JMG Limited has announced plans to host an Engineering Sustainability and Solar Adoption Walk as part of efforts to promote renewable energy and sustainable engineering practices in Nigeria. The initiative, scheduled to commence from the company’s head office in Lagos, will bring together engineers, industry stakeholders, and sustainability advocates to raise awareness…
Ayomide Otitoju First Bank of Nigeria Limited has announced plans to host its SMEConnect Webinar on March 31, 2026, aimed at equipping small and medium-sized enterprises (SMEs) with practical knowledge on leveraging artificial intelligence (AI) for business growth. The bank said the webinar, themed “AI for Business Growth: From Adoption to Integration and Scalable Impact,”…
By Ayomide Otitoju Zenith Bank Plc has announced the appointment of Kennedy Onuwa Okwudili as an Executive Director, effective May 1, 2026. The bank said the appointment aligns with its longstanding succession strategy of grooming leaders from within and is expected to further strengthen its executive management team. Okwudili holds a Bachelor of Science (Hons)…
By Ayomide Otitoju Polaris Bank has reaffirmed its commitment to gender equity as a business and growth strategy during its 2026 International Women’s Day (IWD) celebration, emphasizing sustained investments in women’s empowerment, financial inclusion, and leadership development. This year’s theme, “Give to Gain,” called for collective action, collaboration, and strategic investment in women to accelerate…
Justice Chukwujekwu Aneke of the Federal High Court in Lagos has ruled that the Central Bank of Nigeria’s (CBN) January 2024 dissolution of Union Bank of Nigeria Plc’s board and management exceeded its statutory authority, declaring the intervention unlawful. Delivering judgment on Wednesday in Suit No: FHC/L/MISC/1377/2025, Justice Aneke held that the CBN acted ultra…
