By Ayomide Otitoju Lagos State has formally joined the Under2 Coalition, the world’s largest network of states and regions committed to achieving net-zero emissions and building climate-resilient economies. Governor Babajide Sanwo-Olu signed a Memorandum of Understanding (MoU) with Climate Group on Monday in London during the 2026 London Climate Action Week, marking the state’s entry…
By Ayomide Otitoju Shareholders of Access Holdings Plc have expressed strong support for the company’s long-term value creation strategy, saying they remain confident in its earnings outlook as Nigeria’s largest financial services group continues its transition towards sustainable returns. Speaking at the company’s Annual General Meeting (AGM), shareholders said the group’s ongoing strategic shift from…
By Ayomide Otitoju Data from the Nigerian Foreign Exchange Market (NFEM) showed that the official exchange rate closed at about ₦1,363.41 per US dollar on Monday. At the prevailing rates, $100 exchanged for approximately ₦136,341 at the official window and around ₦140,000 in the parallel market. The gap between the official and parallel market rates…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has said Lagos is strategically positioned as Africa’s leading geoeconomic hub, driven by strengths in trade, infrastructure, finance, technology, and human capital. Speaking on Saturday at the Geo-Economic Optimization Summit Lagos 2026 organised by the Citadel School of Government in Oregun, Sanwo-Olu said geoeconomics now defines global…
By Ayomide Otitoju The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has held talks with the Group Chief Executive of Standard Chartered PLC, Bill Winters, on financing opportunities to support the company’s growth ambitions and commercial transformation. The meeting, which took place at the NNPC Towers in Abuja, focused on strategies…
By Ayomide Otitoju Former Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, has been appointed Executive Vice President and Country Chair Nigeria, becoming the first Nigerian to hold the combined leadership position at Shell in the country. Aiboni succeeds Marno de Jong, who is leaving the energy company after a…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has commended the European Investment Bank (EIB) for its support of the Omi Eko Project, describing it as a transformative initiative that will improve urban mobility, boost economic productivity and enhance the quality of life for residents. Sanwo-Olu gave the commendation on Friday while receiving an EIB…
By Ayomide Otitoju The Lagos Leather Fair (LLF) 2026 has unveiled the second cohort of exhibitors for its “Beyond the Hide” showcase, highlighting a new wave of designers and brands pushing the boundaries of craftsmanship, sustainability, and luxury within Nigeria’s leather industry. The organisers said the latest group of exhibitors brings fresh perspectives to the…
By Ayomide Otitoju As innovation continues to dominate discussions across Africa’s technology ecosystem, Emelia Sunday-Edet, Head of Product at FlashChange, has cautioned that innovation without accountability amounts to experimentation, warning that unchecked technological growth could expose millions of users to significant risks. In an opinion piece, Sunday-Edet observed that innovation has become a widely used…
