By Ayomide Otitoju Ibom Airlines Limited (Ibom Air) has held its inaugural public Annual General Meeting (AGM), signaling a new era of corporate transparency and performance accountability. The event, held at the Four Points by Sheraton Hotel in Ikot Ekpene, Akwa Ibom State, was convened at the request of the airline’s sole shareholder, Governor Umo…
By Ayomide Otitoju Ecobank Nigeria has been named one of five Nigerian banks selected to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme, an initiative backed by a coalition of European donors aimed at boosting green energy investments in developing economies. The programme was officially launched at Ecobank’s Lagos headquarters. Lawrence…
By Ayopmide Otitoju A former Director of Air Transport Management in the Federal Ministry of Aviation and Aerospace Development, Hassan Tai Ejibunu, has called on oil companies and other offshore operators reliant on helicopter transport to comply with the newly enforced Helicopter Landing Levy. Speaking in support of the regulatory measure introduced by the Nigerian…
By Ayomide Otitoju Fidelity Bank Plc has strengthened its commitment to youth empowerment by partnering with Ashoka, a global network of social entrepreneurs, to support young innovators across Nigeria. At the 2025 Ashoka Young Changemakers Festival in Lagos, Fidelity Bank’s Divisional Head of Product Development, Osita Ede, highlighted the bank’s support for creative youth as…
By Ayomide Otitoju Dangote Cement Plc has recorded its highest-ever earnings before interest, tax, depreciation, and amortisation (EBITDA), crossing the N1 trillion mark for the first time with a 2025 figure of N1.38 trillion—up 56 percent year-on-year. Chairman Aliko Dangote, presenting the company’s performance at its annual general meeting, also announced a dividend of N30…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has announced the expansion of its Compressed Natural Gas (CNG) network with the launch of new stations in Abuja, Ibadan, and Abeokuta, as part of its broader clean energy initiative. In a statement on Monday via its official X platform, the company said: “We are…
By Ayomide Otitoju The Senate has directed the Nigeria Customs Service (NCS) to raise its revenue target for 2025 from ₦6 trillion to ₦10 trillion, amid concerns over worsening smuggling activities and national security threats. Chairman of the Senate Committee on Customs, Senator Isah Jibrin, issued the directive on Monday during a budget defence session…
By Ayomide Otitoju Amazon has announced plans to invest £40 billion ($54 billion) in the United Kingdom over the next three years, a major boost for Prime Minister Keir Starmer’s efforts to revive the British economy. The investment, unveiled on Tuesday, was described by Starmer as “a massive vote of confidence in the UK as…
By Ayomide Otitoju As part of its ongoing commitment to local content enhancement and inclusive community development, Dangote Cement Plc., Ibese Plant, has concluded its 2025 annual capacity development training for representatives of its host communities. Themed “Engagement and Advocacy Skills: Critical Tools for Community Representatives,” the workshop was held with participants drawn from host…
