By Ayomide Otitoju Sanlam Investments has confirmed its return as the headline sponsor of the 2026 Africa’s Green Economy Summit (AGES) for the third consecutive year, reaffirming its commitment to mobilising global capital for Africa’s sustainable future. The summit will be held in Cape Town from 24 to 27 February 2026. Now in its fourth…
By Ayomide Otitoju APO Group, a leading pan-African communications consultancy and press release distribution service, has promoted João Marques to Executive Director, Strategic Advisory, effective December 1, 2025. The appointment underscores the company’s commitment to expanding its strategic advisory capabilities across Africa and globally. João, previously Director of Strategy, brings over 15 years of experience…
By Ayomide Otitoju Oando PLC, Africa’s leading indigenous energy solutions provider, has released its unaudited results for the full year ended December 31, 2025, reporting a 32% year-on-year increase in upstream production to an average of 32,482 barrels of oil equivalent per day (boepd). The growth was driven by a 36% rise in crude oil…
By Ayomide Otitoju African Export-Import Bank (Afreximbank) has unveiled the top eight finalists for the first cohort of its Afreximbank Accelerator Program, a three-month initiative launching in March 2026 to support Africa’s most promising startups driving innovation in intra-African trade. The finalists were selected from over 1,600 applicants through a rigorous process involving business assessments,…
By Ayomide Otitoju In commemoration of World Cancer Day on February 4, 2026, Polaris Bank has reaffirmed its commitment to community health and social impact with the launch of a nationwide free breast cancer screening initiative, in partnership with its NGO partner, Care Organisation and Public Enlightenment (C.O.P.E). The initiative aims to promote cancer awareness,…
By Ayomide Otitoju Access Bank Plc has appointed Ifeyinwa Osime as the new Chairman of its Board, following the retirement of Paul Usoro on January 29, 2026, after completing his regulatory tenure. The appointment was disclosed in a notice to the Nigerian Exchange Limited on Monday by the company’s secretary, Sunday Ekwochi. In the statement,…
By Ayomide Otitoju Billionaire businessman and Chairman of First HoldCo Plc, the parent company of First Bank of Nigeria, Femi Otedola, has defended the group’s decision to absorb a one-off loss of ₦748 billion arising from the recognition of legacy non-performing loans, describing the move as a deliberate balance-sheet clean-up rather than a sign of…
By Ayomide Otitoju The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian National Petroleum Company (NNPC) Limited over its alleged failure to account for ₦22.3 billion, $49.7 million, £14.3 million and €5.2 million in oil revenues.In a statement issued on Sunday, SERAP Deputy Director Kolawole Oluwadare said the suit was…
By Ayomide Otitoju Dangote Industries Limited has entered into a strategic cooperation agreement with China’s XCMG Construction Machinery Co. Ltd, aimed at strengthening infrastructure delivery, industrial capacity and green project development across Africa. The agreement provides a framework for collaboration across key sectors including mining, petrochemicals, building materials, agriculture and infrastructure construction, with both companies…
