By Ayomide Otitoju The Africa Collaboration Group (ACG) will mark its 50th anniversary with a high-level Golden Jubilee celebration on October 15, 2025, in Washington, D.C., bringing together global leaders, partners, and stakeholders to honor five decades of contributions to sustainable development. Held under the theme “ACG at 50: United in Collaboration, Transforming Development for…
By Ayomide Otitoju The United Nations Development Programme (UNDP) has called for urgent action to address Africa’s long-standing energy challenges, urging governments and stakeholders to leverage high-integrity carbon markets as a pathway to finance sustainable development. Speaking ahead of the Carbon Markets Africa Summit (CMAS) scheduled for October 22–23 in Johannesburg, Maxwell Gomera, UNDP Resident…
By Ayomide Otitoju Zenith Bank Plc has ignited fresh momentum on the Nigerian Exchange (NGX) after its board of directors raised interim dividends by 25%, a move that contrasts with peers cutting back. Trading data from the NGX showed that the financial services giant’s market capitalization expanded by ₦240.26 billion following the release of its…
By Ayomide Otitoju United Bank for Africa (UBA) Plc has announced strong financial results for the half-year ended June 30, 2025, posting growth across major business segments despite a challenging macroeconomic environment. According to the audited financial statements released to the Nigerian Exchange Limited (NGX) on Thursday, the pan-African lender recorded a 17.28% rise in…
By Ayomide Otitoju The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has come under heavy criticism after threatening to cut gas supply to the Dangote Refinery, a move many Nigerians described as sabotage against citizens who rely on the facility for cheaper and more stable fuel. The dispute emerged following reports that…
By Ayomide Otitoju The Stanbic IBTC Holdings Sustainable Finance Summit 2.0, organised in partnership with the Lagos Business School Sustainability Centre (LBSSC), has concluded in Lagos with record participation and groundbreaking discussions on leveraging finance, digital innovation, and artificial intelligence (AI) to tackle climate challenges across Africa. Themed “Financing Resilience: Digital Innovation and AI for…
By Ayomide Otitoju Dangote Petroleum Refinery has accused the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) of attempting to sabotage the country’s energy supply chain after the union ordered its branches to halt crude oil and gas supplies to the facility. In a statement issued on Saturday, the company described the directive…
By Ayomide Otitoju The Nigeria Customs Service (NCS) and the Manufacturers Association of Nigeria (MAN) have agreed to deepen collaboration to enhance trade facilitation and drive industrial growth, following a high-level strategic consultation held in Lagos on September 26. The six-hour engagement, which culminated in a joint communiqué signed by Comptroller-General of Customs Adewale Adeniyi…
By Ayomide Otitoju The management of Dangote Petroleum Refinery has condemned the strike declared by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), describing it as “bully and guerrilla tactics” designed to hold Nigerians to ransom. In a strongly worded statement titled “Lawless PENGASSAN: Its Lies and Terror Tactics”, the refinery rejected…
