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FG Launches Discounted Cargo Corridor via Uganda Airlines Partnership

By Ayomide Otitoju The Federal Ministry of Industry, Trade and Investment (FMITI) has announced a new partnership with RwandAir to expand the Nigeria–East and Southern Africa Air Cargo Corridor, aimed at improving the speed and affordability of Nigerian exports to regional markets. The ministry said the initiative builds on the corridor launched on Africa Day…

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Fidelity Bank Appoints Ososuakpor as Non-Executive Director

By Ayomide Otitoju  Fidelity Bank Plc has announced the appointment of veteran banker, Dr. Jonathan Oniovosa Ososuakpor, as a Non-Executive Director of the bank, effective May 22, 2026. The appointment follows approval from the Central Bank of Nigeria (CBN) and has also been communicated to other regulatory bodies, including the Securities and Exchange Commission (SEC),…

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Wema Bank, One-Day MD/CEO Chinmamanda, Unveils New Benefits for Children

By Ayomide Otitoju  Wema Bank has unveiled a series of new initiatives aimed at rewarding, educating and empowering children through its Royal Kiddies account and ALAT Xplore platform as part of activities marking the 2026 Children’s Day celebration. The announcements were made during the bank’s Children’s Day Special Event held on May 25, 2026, by…

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NNPC, Afreximbank Discuss Energy Partnership in Abuja

By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Monday announced a partnership with the African Export-Import Bank (Afreximbank) aimed at advancing energy development across Africa. In a statement, NNPC Ltd. said the collaboration was discussed during a meeting last week between its Group Chief Executive Officer, Engr. Bashir Ojulari, and the…

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Gas Marketers Warn of LPG Scarcity, Price Surge to ₦1,500/kg

By Ayomide Otitoju Gas marketers have raised alarm over the scarcity and rising cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, with prices reportedly climbing to as high as ₦1,500 per kilogram in parts of the country. The Nigerian Association of Liquefied Petroleum Gas Marketers (Nigerian Association of Liquefied Petroleum Gas Marketers)…

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