By Ayomide Otitoju Fidelity Bank Plc has solidified its status among Nigeria’s top seven banks by assets, after growing its balance sheet by N1.63 trillion in the first quarter of 2025. Regulatory disclosures filed with the Central Bank of Nigeria (CBN), Securities and Exchange Commission (SEC), and Nigerian Exchange (NGX) revealed that the bank’s total…
By Ayomide Otitoju In the world of corporate transitions, the consequences of leadership unpreparedness are all too familiar. Across dynasties, nations, and institutions, history is replete with tales of unworthy successors who squandered generational achievements. But in stark contrast stands the story of FirstBank of Nigeria Limited, where legacy met readiness in the appointment of…
By Ayomide Otitoju Access Bank PLC has been named Nigeria’s most valuable brand for the fourth consecutive year, according to the Nigeria 25 2025 ranking by Brand Finance, the world’s leading brand valuation consultancy. The latest report reaffirms the bank’s sustained leadership in brand equity, driven by innovation, customer-centric strategies, and consistent growth across markets….
By Ayomide Otitoju Dangote Petroleum Refinery and Petrochemicals FZE has entered an exclusive partnership with Premier Product Marketing LLC, a subsidiary of the Vinmar Group, to export its newly launched Dangote Polypropylene™ to global markets outside Nigeria and Africa. The agreement comes as the Dangote refinery in Lekki, Lagos, begins polypropylene production, positioning the company…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has sworn in newly appointed chairmen and members of the Teaching Service Commission (TESCOM), the Lagos State Electricity Regulatory Commission (LASERC), and the final member of the Lagos State Independent Electoral Commission (LASIEC), urging them to uphold transparency, integrity, and professionalism in their roles. During the swearing-in…
By Ayomide Otitoju The Lagos State Government has delivered 61 roads spanning 56.52 kilometres and five bridges within the past year as part of its continued drive to enhance connectivity and ease mobility across the state. The administration, led by Governor Babajide Sanwo-Olu, also revealed that 147 additional road and bridge projects are currently underway…
By Ayomide Otitoju The Nigerian Senate has raised alarm over the widespread use of dangerous chemicals, particularly calcium carbide, by fruit vendors to artificially ripen fruits, describing the practice as a major public health threat. The lawmakers, during plenary on Tuesday, resolved to amend existing legislation to criminalise the use of hazardous substances for fruit…
By Ayomide Otitoju Savannah Energy PLC, a British independent energy company, has announced a 15% increase in oil production at its Stubb Creek field, reaching 3.1 thousand barrels of oil equivalent per day (Kboepd) in April 2025, following the successful completion of its acquisition of Sinopec International Petroleum Exploration and Production Company Nigeria Limited (SIPEC)….
By Ayomide Otitoju South Africa’s Competition Commission has approved the proposed acquisition of Africa’s largest pay-TV provider, MultiChoice Group, by French media giant Canal+, in a deal that could reshape the continent’s media landscape. The merger, which has been in progress for nearly a year, still requires final approval from the Competition Tribunal before it…
